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Automobile sector News
Rs 3 lakh cr PLI scheme for 10 sectors, including automobile, auto components, speciality steel and more to boost domestic manufacturing
Tue, Sep 29, 2020
In a major push to domestic manufacturing in the country, the government proposes to pump in over Rs 3 lakh crore through an umbrella production linked incentive (PLI) scheme that will run simultaneously in 10 identified sectors for a period of five years
Maintenance of vehicle documents, e-challans through IT portal from Oct 1
Mon, Sep 28, 2020
The government on Saturday said maintenance of vehicular documents, including driving licences and e-challans, will be done through an information technology portal from October 1, 2020
Road to Recovery: Know how much pace the automobile sector caught
Fri, Sep 18, 2020
How is the mood of Economy? Know how much pace the automobile sector caught.. To know, watch the special conversation with Kamal Bali, MD, Volvo Group India.
Kia Motors considers halting three South Korean plants as virus hits exports
Mon, Apr 13, 2020
Kia Motors Corp told its labour union in South Korea that it wants to suspend operations at three of its domestic factories as the coronavirus outbreak weighs on exports to Europe and the United States, a union official said on Monday
Exclusive: Centre bans sale of BS IV Vehicles from tomorrow, issues orders to state governments
Tue, Mar 31, 2020
Government has issued orders to state governments banning the sale of BS IV Vehicles from tomorrow, April 1 2020. Govt has also asked state governments to strictly comply with Supreme Court's March 27 order to allow selling of 10 per cent BS IV inventory
Auto sector: September sales numbers show revival for auto majors?
Tue, Oct 01, 2019
Auto sector: September sales numbers show revival for auto majors? Watch video to know more.
Nitin Gadkari: Discussed on reducing GST in automobile sector with the Finance Minister
Wed, Sep 11, 2019
Road Transport Minister Nitin Gadkari said, ''We have discussed on reducing GST in the automobile sector with Finance Minister. We are working on how to take the automobile sector back to the same pace.''
Zee Business Exclusively speaks to Pawan Goenka, MD at Mahindra & Mahindra on Indian Economy
Sat, Sep 07, 2019
In this segment, Zee Business' Executive Editor Swati Khandelwal exclusively speaks to Pawan Goenka, MD at Mahindra & Mahindra on Indian Economy.
Govt's focus now on real estate sector after bank and automobile, hopes of relief package
Tue, Sep 03, 2019
Govt's focus is now on the real estate sector after banking and automobile sector. There are the hopes of relief package for the real estate sector by the Indian Govt.
Zee Business Exclusive: In conversation with Adi Godrej, Chairman of Godrej Group
Wed, Aug 14, 2019
This segment of Zee Business brings to you an exclusive conversation with Adi Godrej, Chairman of Godrej Group. Adi Godrej talks about the automobile sector slowdown.
Know what's the present state of 'Indian Economy'?
Mon, Aug 12, 2019
In this segment of Zee Business, know what's the present state of Indian 'Economy'?
Arvind Sawant chair meeting with representatives of Automobile sector
Wed, Aug 07, 2019
Arvind Ganpat Sawant chair meeting with representatives of the Automobile sector. To know more watch the video
Power Breakfast Major triggers that should matter for market today, May 2nd, 2019
Thu, May 02, 2019
This segment of Zee Business gives you an outlook on how the market is expected to perform today. Also, know major triggers that should matter for the market today and stocks that are likely to outperform. Watch the full video to know more.
Auto Sector Q3 Results: Expect weak outcomes, says HDFC Securities
Thu, Jan 10, 2019
Abhishek Jain, Analyst at the HDFC Securities informed in a written press statement to the Zee Business online, "We expect the operating performance for most auto OEMs to bottom out in 3QFY19, led by demand normalization due to softening fuel prices, improving liquidity and new product launches.
GST to weaken automobile sectors Q2 earnings
Wed, Aug 30, 2017
From destocking at dealerships to increase in discounts, these are some of the factors due to GST which will impact the automobile sectors Q2 results.
GST implementation in July may slow down automobile sales next month
Tue, Jun 06, 2017
With just a month away from GST implementation automobile sales may see a slump in June. Here is why.
No local sourcing norms for Tesla cars in India, Elon Musk
Tue, May 23, 2017
Elon Musk CEO of electric car maker Tesla in a tweet blamed the FDI norms in India for the delay in its entry into the Indian market. However, the government clarified that it does not have any such regulation regarding automobile companies.
FMCG, retail, automobile sectors ad spends to rise in untapped metro markets
Thu, Mar 09, 2017
The rise of 8 new half metros, with household income exceeding Rs 40,000 crore by 2020, said the report.
Demonetisation likely to be credit positive for India, Moody's says
Wed, Mar 01, 2017
Progress on the pending Goods and Services Tax (GST) reform and Finance Minister Arun Jaitley's 2017 budget speech to parliament both underscore the government's commitment to reform in the wake of demonetisation.
IIP growth expected to see some uptick in January: Kotak
Sun, Feb 12, 2017
"The decline in IIP was partly owing to base effects, but mostly by demonetisation-led production contraction, especially in automobile production," Kotak Institutional Equities said in a research note.