<ul><li>Indian auto companies are looking at mixed demand momentum after making merry post the festive season boost in October.</li><li>The festive boost last month lifted the number of registrations across the passenger vehicles (PV), commercial vehicles (CV) and tractors segments in the range of 35-66% when compared to October 2019.</li><li>However, PV sales are off to a slow start in the marriage season in November, despite an increase in discounts.</li><li>Two-wheeler registrations are also still below pre-Covid levels, but the urban markets are driving the demand for scooter and premium motorcycles, say analysts.</li></ul>Indian auto companies are looking at mixed demand momentum after making merry post the festive season boost in October. Retail data suggests that trends remain mixed across segments like two-wheelers, passenger vehicles, and commercial vehicles. The<a href="https://www.businessinsider.in/business/auto/news/indian-car-makers-drive-the-festive-boom-two-wheelers-showing-signs-of-revival/articleshow/95257140.cms"> festive boost in October</a> lifted the number of registrations across the passenger vehicles (PV), commercial vehicles (CV) and tractors segments in the range of 35-66% when compared to October 2019, according to a report by Jefferies. While the marriage season has set in now, a report by Yes Securities states that passenger vehicles are off to a slow start in November despite an increase in discounts compared to October. Commercial vehicles are also seeing an increase in inventories across companies, the report stated, adding “Large fleet operators have staggered their delivery schedules while retail customers' contribution is yet to come in full swing.” <cmsannotation type="cmsannotation" annotationid="Two-wheeler registrations still below pre-Covid levels" comment="subhead" text="Two-wheeler registrations still below pre-Covid levels">Two-wheeler registrations still below pre-Covid levels</cmsannotation> Two-wheeler registrations are still below pre-Covid levels, with Hero MotoCorp and TVS Motors expected to report a sequential decline in sales in the range of 14.2-17.9%, according to Yes Securities. In October, an Elara Securities<a href="https://www.businessinsider.in/business/auto/news/indian-car-makers-drive-the-festive-boom-two-wheelers-showing-signs-of-revival/articleshow/95257140.cms"> report</a> stated that Hero MotoCorp reported a 17% decline in its overall sales, while Bajaj Auto reported a 10% decline. The only gainer was TVS Motors, which reported a 1.5% increase year-on-year. Now, according to Yes Securities, overall two-wheeler retail sales could decline between 5-8% in November when compared to October. On a year-on-year basis, though, it notes that there could be flat to high-single digit growth. “Compared to the past few months, 2W demand saw some bounce back during this festive season. However, the registrations were far from reaching the pre-pandemic levels in 2019,” said Nikunj Sanghi, former president, Federation of Automobile Dealers Associations of India (FADA). <cmsannotation type="cmsannotation" annotationid="Marriage season off to a slow start, SUVs perform relatively better" comment="subhead" text="Marriage season off to a slow start, SUVs perform relatively better">Marriage season off to a slow start, SUVs perform relatively better</cmsannotation> The Yes Securities report observes that the trend of entry-level cars struggling has continued through November. Additionally, hatchbacks are also seeing a slow uptake from customers. Sports utility vehicles (SUV), on the other hand, are seeing relatively better demand. However, companies are still facing supply chain issues, which is hampering their overall sales. “PVs are still facing supply challenges in premium variants impacting overall model mix at retail level,” the report stated. <cmsannotation type="cmsannotation" annotationid="Higher discounts on entry-level cars as inventory builds up" comment="subhead" text="Higher discounts on entry-level cars as inventory builds up">Higher discounts on entry-level cars as inventory builds up</cmsannotation> Car makers are now offering higher discounts on entry-level cars as they attempt to reduce the inventory build-up, which has now increased to over 15 days, according to the Yes Securities report. For instance, <keyword id="44883" type="General" weightage="20" keywordseo="Maruti-Suzuki" source="Orion">Maruti Suzuki</keyword> has increased discounts in the range of ₹5,000-10,000, while Tata Motors is offering up to ₹10,000-15,000 more discounts in November, when compared to October. Overall, Maruti Suzuki, Tata Motors, and Mahindra &amp; Mahindra are offering discounts and benefits in the range of ₹28,000-65,000, depending on the car being bought. <cmsannotation type="cmsannotation" annotationid="Rural recovery signs visible" comment="subhead" text="Rural recovery signs visible">Rural recovery signs visible</cmsannotation> Rural India, a critical market especially for two-wheeler and tractor makers, is showing signs of a recovery, according to analysts at Motilal Oswal. “Rural recovery resulted in a healthy 26% and 30% YoY growth in 2W and tractor retails during festive season, respectively, even as secondary 2W dealers (mainly non-urban) saw strong demand revival,” the research firm said. The firm noted that despite the demand revival in the festive season, “full normalcy is yet to be achieved.” It added that urban markets continue to see better demand than rural markets, which reflects in the scooter and premium motorcycle segments’ growth. For instance, Royal Enfield’s Hunter 350, a premium motorcycle, has seen its waiting period increase from 1 month to 2.5-3 months, with dealer confidence seeing a sharp increase. “Channel partners we spoke to are indicating high confidence post launch of Hunter with their volumes are ~15% lower than FY18 levels but are back to FY19 levels,” the Yes Securities report stated. <cmsannotation type="cmsannotation" annotationid="Tighter cash flows and slower uptake leading to inventory build-up of trucks" comment="subhead" text="Tighter cash flows and slower uptake leading to inventory build-up of trucks">Tighter cash flows and slower uptake leading to inventory build-up of trucks</cmsannotation> Commercial vehicles like trucks continue to witness an inventory build-up, with the key market of the northern belt witnessing under-utilisation, according to Yes Securities. Making matters worse and adding to the uncertainty is the ban on construction activities in the Delhi-NCR region, and schools being shut due to pollution. This has impacted the demand for both buses and trucks, according to analysts. According to Yes Securities, tighter cash flows due to an increase in working capital requirements, customers have delayed delivery plans of booked vehicles, adding to the build-up of inventories. <div type="javascript" title="Custom" contenttype="Text"><cdata><![CDATA[]]></cdata></div> SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/indian-car-makers-drive-the-festive-boom-two-wheelers-showing-signs-of-revival/articleshow/95257140.cms">Indian car makers drive the festive boom, two-wheelers showing signs of revival</a> <a href="https://www.businessinsider.in/stock-market/news/a-year-after-market-debut-paytm-is-the-worst-performer-among-recent-large-ipos-cartrade-policybazaar-and-lic-join-the-party/articleshow/95762071.cms">A year after market debut, Paytm is the worst performer among recent large IPOs – Cartrade, Policybazaar and LIC join the party</a> <a href="https://www.businessinsider.in/stock-market/news/india-vix-cools-down-to-pre-covid-levels-heres-why-and-where-it-is-headed/articleshow/95743166.cms">India VIX cools down to pre-Covid levels – here’s why and where it is headed</a>

Mixed demand trends for autos in November as festive boost wears off but signs of rural recovery visible

<ul><li>While the market seems to be focusing on the brighter side, here are some triggers impacting the economy and markets that need to be noted.</li><li>From expectation of low monsoon to decline in <keyword id="46211" type="General" weightage="20" keywordseo="auto-sales" source="Orion">auto sales</keyword> there are various factors indicating a slowdown.</li><li>Meanwhile, Indian stock markets are continuing to hit record highs with growing liquidity in the market.</li></ul>While the market participants seem to be enjoying the euphoria of frequent record highs, there are some concerning triggers to be noted. While data has shown a <a href="https://www.businessinsider.in/policy/economy/news/opinion-indias-economy-may-be-growing-faster-than-expected-as-the-second-wave-of-the-pandemic-was-less-damaging-than-most-had-feared/articleshow/85811841.cms">better-than-expected recovery</a> in the April-June quarter, the economy is not back to the level it was before the pandemic. Between agriculture and automobile manufacturing, nearly two-fifth of the country’s economy is in doldrums. But the Nifty is still hovering around its <a href="https://www.businessinsider.in/stock-market/news/nifty-50-hits-historic-high-and-tops-17000-points/articleshow/85791229.cms">record high</a> that it hit on August 31. Here are some of the triggers to take notice: Monsoon deficit Poor rains in August have widened the monsoon deficit in the country. The India Meteorological Department (IMD) has indicated that the overall monsoon is likely to be at the ‘lower end of the normal’ in the country. Weak monsoons have a cascading effect on the agriculture segment, which makes for 20% of India’s gross domestic product (<keyword id="35050" type="General" weightage="20" keywordseo="gdp" source="Orion">GDP</keyword>) and supports the livelihood for more than 100 million people, directly or indirectly, according to NABARD All India Rural Financial Inclusion Survey 2016-17. The impact of less-than-expected rains reflected in the decline in tractor sales of some of the manufacturers like Mahindra &amp; Mahindra and Escorts in August compared to the month before it. Tractor sales in some of these auto makers dipped in August. <table style="border-width: initial; border-style: none;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Tractor sales </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Month-on-month growth </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Year-on-year growth </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Mahindra &amp; Mahindra </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">-21.60% </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">-12.70% </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Escorts </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">-13.30% </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">-21.70% </td></tr></tbody><tbody></tbody></table> Broking firm CLSA reportedly expects a month-on-month decline of 18% for tractors in Q2. A report by JM Financial indicates that these slowing trends may revert soon. “The irregular pattern of rainfall in July-Aug 2021 however impacted agri-related investments including tractor sales but the overall growth trend is likely to revert back, as our checks suggest,” said the report. Declining auto sales Auto sales in August 2021 saw a month-on-month decline in volumes across most segments as automobile makers cut production amid a worsening global chip shortage. Auto companies’ growth counts in a major way as it contributes 7.1% to the country’s GDP. Analysts expect the slowdown in vehicle sales to continue in coming months as auto part manufacturers face semiconductor shortages. The COVID-19 pandemic has reportedly driven up demand for semiconductor chips that are used in cars and computers and so on. <table style="border-width: initial; border-style: none;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Auto makers </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Month-on-month growth </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Maruti Suzuki </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">-19.55% </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Tata Motors </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">4.25% </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">M&amp;M </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">-23.20% </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Hero MotoCorp </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">5.77% </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Bajaj Auto </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">-8.35% </td></tr></tbody><tbody></tbody></table> “Semiconductor availability remains a challenge for most original equipment manufacturers (OEMs) and will lead to a demand-supply mismatch in the upcoming festive season as channel inventory is already below normal,” said a report by BOB Capital Markets. Analysts at broking firm CLSA reportedly see further month-on-month decline for passenger vehicles, commercial vehicles and tractors. Fall in government spending Government spending that supported GDP growth since the start of the pandemic has started to come down. Government expenditure declined 4.8% in the June quarter of 2021. “Government spend this year would likely be in the form of transfer/subsidies payments, with no material contribution to GDP,” said Madhavi Arora, Lead Economist, Emkay Global. Weak consumer demand The Reserve Bank of India (RBI) data for August shows that the consumer confidence remained weak and at an all-time low due to lower incomes and higher level of price. “Driven by substantial improvements in the outlook for general economic situation and employment scenario after the waning of the second wave of the COVID-19 pandemic, the future expectations index (FEI) returned to optimistic territory; respondents placed higher confidence on household income going forward,” said RBI’s consumer confidence survey. Signs of rising COVID-19 cases Rising COVID cases is another risk haunting the economy with fear of an imminent third wave. On September 2, India reported 47,092 new infections, the biggest single-day rise in two months. About 509 deaths were recorded during the past 24 hours, according to the Health Ministry. Moreover, resurgence of infections in countries like the US are seens as signs of another wave for other countries. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/corporates/news/zomato-is-shutting-down-its-singapore-and-uk-based-subsidiaries/articleshow/85858611.cms">Zomato is shutting down its Singapore and UK-based subsidiaries</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/personal-finance/news/common-financial-mistakes-to-avoid/articleshow/85856175.cms">Common financial mistakes to avoid in your 30s</a>

Sobering signals that Indian stock markets may be ignoring in this euphoria

India Inc.’s rockstars of Q2 and things that investors should look out for, according to analysts

The year 2020 is about to come to an end and January 1, 2021 is all set to bring several changes to rules and regulations that will have a direct impact on you and your finances. The changes include major things such as relaxation in GST filings and minor changes such as adding ‘0’ as prefix for landline to mobile calls. In this post, we look at all the changes that will come in effect from January 1, 2021. Relaxation in GST filing for small businesses In a relief for small businesses, the government has announced that businesses with a turnover of up to ₹5 crore will be required to file quarterly GST sales returns (GSTR-3B) instead of monthly filing. This will bring down the number of GSTR-3B returns to be filed from 12 to 4. Businesses will also have to file four GSTR-1 returns. Positive pay mechanism for cheques The Reserve Bank of India (RBI) in its bi-monthly monetary policy in August 2020 announced the implementation of a positive pay mechanism for cheque clearing. This system will be used for all account holders issuing cheques above ₹50,000. While the facility can be availed at the discretion of the account holder, banks may consider making it mandatory for cheques above ₹5 lakh. As part of the positive pay mechanism, the issuer of the cheque is required to submit certain details of the cheque such as the date, name of the payee and the amount via SMS, mobile app, ATM and internet banking to the bank. Enhanced limit for contactless card transactions Starting from January 1, the limit for contactless card transactions will be enhanced from the existing ₹2,000 to ₹5,000. The RBI has said that this is aimed at expanding the adoption of digital modes of payment in a safe and secure manner. Customers will still be able to decide whether to enable contactless payment on their card or not. The RBI has also enhanced the limit of e-mandates for debit and credit cards from ₹2,000 to ₹5,000. LPG prices may be revised The LPG prices are revised on the first day of every month based on the global crude prices. Keeping the current trend in mind, we expect a further increase in LPG prices on January 1. Increase in car prices Maruti Suzuki and Mahindra and Mahindra have announced that they will increase the prices of their cars from January 1, 2021 to offset the impact of rising input costs. Other car makers may adopt similar measures. WhatsApp to stop working on some phones Popular messaging app WhatsApp will stop supporting some older phones starting from January 1, 2021. WhatsApp has announced that it will withdraw support from devices running on Android 4.0.3 or older versions and iPhones n software older than iOS 9. If your phone runs on one of the software mentioned above, it is recommended that you backup your WhatsApp chats before January 1. Landline to mobile calls Starting from January 1, landline callers will be required to add a ‘0’ before a mobile number while making a call. The Department of Telecommunications (DoT) has directed telecom companies to make arrangements to implement this. The DoT has implemented this based on the recommendations of Telecom Regulatory Authority of India and this is aimed at creating sufficient numbering space for telecom services. <keyword id="10110919" type="UNKNOWN" weightage="20" keywordseo="saral-jeevan-bima">Saral Jeevan Bima</keyword> The Insurance Regulatory and Development Authority of India (IRDAI) has asked the insurance companies to provide a standard individual life term insurance policy from January 1, 2021. The policy will be called Saral Jeevan Bima and have the company’s name as the prefix. The Saral Jeevan Bima will offer a minimum sum insured of ₹5 lakh and a maximum of ₹25 lakh. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/mahindra-mahindra-to-raise-prices-of-tractors-from-january-1/articleshow/79835855.cms">Mahindra &amp; Mahindra to raise prices of tractors from January 1</a> <a href="https://www.businessinsider.in/tech/news/best-gift-ideas-for-christmas-and-new-year-for-your-dear-ones/slidelist/79924005.cms#slideid=79924193">These are some ideas for New Year gifts for your dear ones</a>

From WhatsApp not working on select models to quarterly GST returns — these are some important changes in India from January 1

These are the brands that took the nation by storm with their world-class products, and raised the country’s image on the global stage. Sit back and indulge in an orgy of <keyword id="21796" type="UNKNOWN" weightage="100" keywordseo="success">success</keyword> stories of Indians who made it big and their brands that made us proud, then and now! 
 
<a href="http://www.businessinsider.in/IndependenceDaySpl-From-then-to-now-heres-how-Tata-Group-penned-Indias-story-in-preindependence-era/articleshow/48456484.cms">Tata Group</a> : World’s largest wholesale voice carrier, world’s second-largest manufacturer of soda ash, among the world’s top five commercial vehicle manufacturers and among the top 10 best steel-makers and global IT services companies. 
 
<a href="http://www.businessinsider.in/IndependenceDaySpl-Times-of-India-the-big-daddy-ofIndian-media/articleshow/48496723.cms">Benett &amp; Coleman (Times of India) Group</a> : India’s largest media conglomerate. It's Times of India is the largest circulating English newspaper in the world. 
 
<a href="http://www.businessinsider.in/Independence-Day-Special-Rise-and-shine-of-the-Birla-empire-since-1857/articleshow/48401170.cms">Birla Group</a> : The first to put Indian business on the world map as far back as 1969, long before globalization became a buzzword. 
 
<a href="http://www.businessinsider.in/Independence-Day-Special-In-the-times-of-British-raj-know-how-the-Godrejs-found-the-key-to-their-empire/articleshow/48422443.cms">Godrej Group</a> : The company that gave India its first indigenous lock, and unlocked the gates to success. 
 
<a href="http://www.businessinsider.in/IndependenceDaySpl-Therise-of-the-Mahindra-group/articleshow/48438652.cms">Mahindra Group</a> : The world's largest tractor manufacturer, and controls 1/3rd of the SUV market. 
 
<a href="http://www.businessinsider.in/IndependenceDaySpl-Heres-how-the-Wadia-Group-blossomed-in-British-India/articleshow/48393383.cms">Wadia Group</a> : One of India's oldest conglomerates - has been around since 1736. 
 
<a href="http://www.businessinsider.in/Independence-Day-Special-The-real-story-behind-Dabur-Indias-original-FMCG-company/articleshow/48466925.cms">Dabur</a> : India’s original FMCG company whose name is from the Devanagri rendition of Daktar Burman (Da + Bur). 
 
<a href="http://www.businessinsider.in/IndependenceDay-The-rise-and-rise-of-The-Indian-Express-Group/articleshow/48492897.cms">Indian Express Group</a> : Started in 1931 by an Ayurvedic doctor, played a major role in India’s freedom struggle, and champions ‘the Journalism of Courage.’ 
 
<a href="http://www.businessinsider.in/IndependenceDaySpl-Embark-on-the-journey-of-Parle-Product-since-1929/articleshow/48484113.cms">Parle</a> : A company whose iconic Parle-G biscuit has been around since independence and controlled one-thirds of India's biscuit market as of 2012.

You Searched For "tractor maker mahindra" and got 5 results

Mixed demand trends for autos in November as festive boost wears off but signs of rural recovery visible

Rounak Jain

Sobering signals that Indian stock markets may be ignoring in this euphoria

Bhakti Makwana

India Inc.’s rockstars of Q2 and things that investors should look out for, according to analysts

Rounak Jain

From WhatsApp not working on select models to quarterly GST returns — these are some important changes in India from January 1

Rounak Jain

#IndependenceDaySpl: Business Insider India’s Brand Show-reel

BI India Bureau