Rising costs of daily items — including that of smartphone data — is impacting the rural customer’s ability to purchase packaged goods such as hair oil and skin creams, analysts from Centrum Broking said after interacting with the management of Emami Ltd, the Indian consumer goods company with the highest exposure to the rural market. […]
Reserve Bank of India (RBI) increased the limits for certain types of transactions made through the popular Unified Payments Interface (UPI) platform and e-mandates that allow recurring online payments. Specifically, the central bank said it will increase the per-transaction limit for payments made to educational institutions and hospitals using the UPI platform from the existing […]
Tata Motors announced its November 2023 auto sales numbers, reporting total sales of 74,172 vehicles, a 1% decline from 75,478 units sold in November 2022. However, electric vehicle (EV) sales continued to grow, with 4,761 EVs sold in November, up 7% year-over-year. In the commercial vehicles segment, Tata sold 28,029 units in November 2023, compared […]
Indian automaker Mahindra & Mahindra Ltd. (M&M) reported robust SUV sales growth in November 2023, driven by healthy festive season demand amid supply constraints for select parts. M&M sold 39,981 SUVs in the domestic market in November, a 32% increase over 30,238 units sold in November 2022. This took total SUV sales including exports to […]
Bajaj Auto Ltd. registered a healthy 31% year-on-year increase in overall vehicular sales for November 2023, one of the country’s leading two and three-wheeler manufacturers stated today. The performance was led by the whopping 77% jump in domestic sales. According to the regulatory report submitted by the Pune-based company, Bajaj Auto clocked total sales of […]
Maruti Suzuki India Limited sold a total of 199,217 units in October 2023, registering its highest ever monthly sales, as per a company statement released today. The auto major had sold 167,520 units in October last year. Maruti’s domestic passenger vehicle sales stood at 168,047 units in October 2023, also an all-time high and up […]
Royal Enfield, the two-wheeler division of Eicher Motors, is preparing for an exciting lineup of new motorcycle launches over the next few years. With a rich 120-year history and a strong heritage in building classic styled motorcycles, Royal Enfield has seen a resurgence in popularity and sales growth in recent years. However, it is also […]
This is the second of a multi-part series on cryptocurrency, examining the dream and promise behind cryptocurrency, the evolution of the technology, the challenges faced by it on the way, and finally, its future. It is suggested that you read the first part before reading this. The premise behind Bitcoin and the blockchain was inspiring […]
This is the first of a multi-part series on cryptocurrency, examining the dream and promise behind cryptocurrency, the evolution of the technology, the challenges faced by it on the way, and finally, its future. You can read the second part here. Cryptocurrency: The Dream In 2008, in the midst of the global financial crisis, a […]
Indian automakers are stocking up inventory big time in the hope of a revival of demand during the upcoming festival season, and any failure in demand pick-up will leave them saddled with excess production for the rest of the calendar year, going by channel checks. The festival months of October and November are the biggest […]
The trends seen in the last two months in auto sales continued in September, with urban and premium models and segments doing well, while commuter and rural oriented segments continued to underwhelm. The high base of Tata Motors’ passenger vehicle division started catching up with the company, even as Maruti hit one of its all-time […]
Maruti is gearing up to enter the space in 2025. The company is developing its first EV model at its Gujarat plant, with plans to launch six EV models by 2031 that would comprise 15-20% of total sales
The wait for an electric motorcycle from Royal Enfield may be about to come to a close soon, but the company is considering venturing out of its traditional segment. The iconic motorcycle maker is working on an all-new electric vehicle platform and could look beyond its traditional mid-sized segment when it launches its first electric […]
Homegrown electronics manufacturing services company Dixon Technologies is betting big on domestic IT hardware production under the government’s production-linked incentive (PLI) scheme. With approvals in place, Dixon is poised to manufacture laptops, tablets, all-in-one PCs and servers in India. Dixon started operations in 1993, commencing with the assembly of colour televisions. Over the years, the […]
The car dealership chain said it also expects sales Mercedes Benz to accelerate, and that it has started operations for MG Motor in Madhya Pradesh
India imposed import tariffs on PCs, laptops and servers recently to spur local manufacturing and lower security threats from China, but getting the policy to work is easier said than done
Maruti Suzuki Ltd, India’s largest auto maker, reported robust numbers for August, as it consolidated its recently acquired status as India’s top SUV maker. The company’s total vehicle sales for August rose 14.5% on the year to 1.89 lakh vehicles, led by strong sales of SUVs. The automaker, which recently launched the much-awaited 4-wheel drive […]
GTPL Hathway, the country’s single largest cable feed provider, said it has tied up with France-based Verimatrix to deploy its video content authority system — a software solution that helps GTPL stream video content to its Android TVs securely. The moves comes as GTPL Hathway ramps up its Android TV box-based service. The company started […]
Tata Motors, India’s second biggest automaker, is on track to set another monthly record in terms of passenger auto sales in February, even as market leader Maruti Suzuki will continue to see a year-on-year decline, according to Emkay Research. The third major listed automaker, Mahindra & Mahindra is also scheduled to report a strong February […]
Bajaj Chetak, the first electric two-wheeler from Bajaj Auto, has been launched in Delhi, Mumbai and Goa, the company said. With this, the scooter — priced at around Rs 1.4 lakh — is now available in 20 cities. Chetak EV was launched in 8 cities during 2021, including Pune. The network has now been extended […]
