Search Results for: Maruti Suzuki

Maruti Suzuki vehicle prices to increase from Jan 2020

According to the company, the price increase is necessitated on account of the increase in input cost. Besides, the auto major said the "price increase shall vary for different models".

Dec 3, 2019

Maruti Suzuki achieves landmark 20 million cumulative sales in India

The company accomplished this landmark number in less than 37 years of selling its first car in December 1983.

Dec 1, 2019

Sensex hits life-time high of 40,816, Nifty tops 12K; Reliance, PSU energy stocks gain

The NSE Nifty 50 index rose 0.6% to 12,014, while the S&P BSE Sensex gained 0.4% to 40,638.7.

Nov 20, 2019

FM Sitharaman announces steps to boost liquidity, demand

Favourite whipping boys: Will millennials be next blamed for swelling bank NPAs?

After taking the taint for economy's growth woes from auto sector slowdown to retail sector trouble, millennials may now draw the flak for another round of non-performing assets surge in banks.

Nov 15, 2019

India's October retail inflation breaches RBI's medium-term target

Retail food prices, which make up nearly half of India's inflation basket, increased 7.89% in October from a year earlier, against 5.11% in September.

Nov 14, 2019

Worried about slowdown? Mercedes-Benz India sells 600 luxury cars on Dhanteras

The German carmaker's Indian arm said it delivered more than 250 cars in Delhi-NCR alone on Dhanteras; festival season sales surge promises turnaround for the slowdown-hit auto sector.

Oct 28, 2019

Auto slowdown: Is Uber boss taunting Sitharaman with advice to millennials?

Uber CEO Khosrowshahi urges Indians to shun car ownership 'trap' unlike in the developed world and support innovation and new technologies; Sitharaman had suggested auto sector slowdown in part is because of ride-hailing apps like Uber and Ola.

Oct 23, 2019

Auto companies aid Sensex in finishing in the green

The benchmark Sensex closed 94.99 points higher at 39,058.83 after logging an intra-day high of 39,196.67 and a low of 38,866.08. The broader Nifty ended at 11,604.10, gaining 15.75 points.

Oct 23, 2019

Ministry of Finance building in New Delhi

GST collection tanks to 19-month low as economy shows no signs of revival

The fall in GST collections in September has been coupled with a significant slowdown in various high-frequency economic indicators.

Oct 2, 2019

Govt's big corporate tax cut unlikely to spur job bonanza

While the tax rate cut brings the cost of doing business in India into line with its main Asian rivals, the government giveaway will do little to fix the lack of spending power, economists say.

Sep 26, 2019

Sensex jumps over 1,800 points, Nifty goes past 11,000 after govt slashes corporate tax

The government has decided to not levy the enhanced surcharge introduced in the Budget on capital gain arising from the sale of equity shares in a company liable for securities transaction tax.

Sep 20, 2019

Sensex slumps 470 points, Nifty settles marginally above 10,700; Yes Bank down 15%

Selling activity was witnessed across sectors and the key indices remained in the red throughout the day. Stock-wise, Yes Bank lost the most, by over 15 per cent.

Sep 19, 2019

Maruti chairman joins Sitharaman in blaming millennials for slowdown in auto sector

Maruti chairman Bhargava thinks Sitharaman's view that millennials' dependence on Uber, Ola may be contributing to auto sector slowdown is correct

Sep 19, 2019

Economic slump takes hit on auto sector; forces Maruti, Hyundai to slash prices

Car manufacturers including Maruti Suzuki, Skoda, Renault and Tata have seen a major decline in the passenger vehicle segment and has decreased the prices for their cars due to the economic slump.

Sep 18, 2019

GST panel unlikely to favour tax rate cut for auto sector: Sources

A government study, attached to the agenda of a Sept 20 GST panel meeting, has said the total annual revenue loss could be as much as 500 billion rupees, if the panel decided to lower tax rates for the auto sector to 18% from 28%.

Sep 17, 2019

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