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Indian consumers shift gears toward luxury and sustainability in the auto sector: Survey
Consumers in India show a growing interest in premium and sustainable vehicles, with 85% leaning to…
Auto sector poised for robust growth in July 2024 with double-digit surge in two-wheeler sales: Anand Rathi report
The surge is attributed to solid retail demand, estimated at approximately 15 per cent y/y, strateg…
ANI
Stock markets end on positive note despite early setbacks
The BSE Sensex ended the day with an uptick of 131.18 points closing at 77,341.08. Meanwhile, the b…
ANI
Market Morning: Except for FMCG, consumer durables, sectoral indices open in red
During early morning trade, IndusInd Bank, Cipla, Tata Steel, Adani Ports and and SBI lost signific…
Two entities upgraded for every downgrade in FY24, hospitality sector records 23 upgrades: ICRA
The fiscal year of FY24 continued the ‘upgrade momentum’ that was set into motion in FY22, said the…
PV sales to shift gears courtesy festive season but 2-wheelers’ struggles to continue
The auto sector has been recovering, albeit slowly, after the pandemic. The second quarter of the c…
With monsoon worries gone, auto sector bets on stellar festive revival
As the festive season is upon us, there is a sense of eager anticipation and excitement that is swe…
India's automobile, pharma, tourism sectors expected to grow at rapid pace: PM Modi
Prime Minister Narendra Modi on Monday while addressing the Rozgar Mela where he distributed over 5…
PTI
Three wheelers see record sales as auto sector posts 9% growth between April-September
Three wheeler sales in the first half of the current financial year (FY24) have hit a record and be…
Indian auto sector can become export-led $1 trillion industry by 2035: Arthur D Little
The Indian automobile sector has the potential to become an export-led USD 1 trillion industry by 2…
PTI
Auto and BFSI seen driving India Inc’s earnings growth this financial year
India’s top listed companies’ March-quarter earnings largely met analyst expectations, driven by st…
India auto sales seen rising 7-9% in FY24: Passenger & commercial vehicles to drive demand
The Indian auto industry is expected to register a sales volume growth between 7-9% in FY24, buildi…
Auto and finance stocks can bounce back even if the market crashes in July
While the auto sector has struggled and underperformed the benchmark Nifty 50 index, analysts belie…
Tesla stock could soar 50% and is the top pick in an auto sector that's seeing an EV 'shake-out,' Morgan Stanley's Adam Jonas says
"Tesla's recent price cuts are just the latest sign the EV market may be entering the 'shake-out' p…
Brian Evans
Automobile marketplace Droom is raising $200 million in a pre-IPO round at unicorn valuation
Online automobile marketplace Droom has got the wheels rolling for its initial public offering (IPO…
E-commerce and digitisation to accelerate India's auto sector growth, says report
Strong acceptance of e-commerce and digitisation is expected to accelerate the growth of India's au…
India’s auto stocks cheer after Parliamentary Panel agrees that they need more stimulus and the dealers need loans with less collateral
Indian benchmark indices remained in the grip of bulls, recording fresh highs during the trade toda…
With 32 million jobs at stake in India’s auto sector, the Modi government may ease tax burden on cars
Currently, the automobile sector attracts 28% GST along with personal-use aircrafts, lotteries…
Parliamentary panel suggests lower GST rate for auto sector
The committee noted that some of the factors that contributed to slowdown are non-availability of …