| Setback for UP auto industry | 26-OCT-09 |
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| The state’s automobile industry, already battered by the global meltdown, has received yet another setback after the state government decided to raise the transport registration fee, ranging from Rs 5,000 to Rs 50,000, depending upon the nature of vehicles. The tax slab in Uttar Pradesh is already higher than some neighbouring states, forcing customers to move there. |
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| Kanika Datta: Growth and obsolescence | 15-OCT-09 |
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| The first car I owned was a 1963 model Standard Herald bought third-hand (as far as I know) for a princely sum of Rs 8,000. It had almost completed a quarter-century on Indian roads when I acquired it, and provided another six years of sterling service before, incredibly, it found a fourth owner (or sucker, if you go by Akerlof’s theory of “information asymmetry” in markets). |
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| 5 more auto testing, R&D centres by Sep 2011 | 16-SEP-09 |
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| India will build five more global automobile testing centres catering to the growing domestic industry and also manufacturers from South East Asia dependent on European test tracks at present. |
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| 'A large number of clients has either aborted deals or postponed contracts' | 06-JUN-09 |
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| Manufacturing and automobile solutions provider KPIT Cummins Infosystems remains hopeful of eventually crossing the $1-billion revenue mark. However, the global manufacturing and automobile industry, which accounts for a majority of its top line, is currently facing turbulent times, affecting the company's revenues. In a chat with KAUSTUBH KULKARNI, the company's Chairman, RAVI PANDIT, gives his view on the road ahead. |
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| Eicher Motors Q4 net up at Rs 6.16 cr | 27-MAY-09 |
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| Eicher Motors today said its net profit for the quarter ended March 31, 2009 stood at Rs 6.16 crore, while it had a net profit of Rs 19.46 crore in the corresponding period previous fiscal. |
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| Ashok Leyland Q4 net down 70% at Rs 53 cr | 15-MAY-09 |
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| Commercial vehicle maker Ashok Leyland today reported a 70.47 per cent decline in its net profit at Rs 53.32 crore for the quarter ended March 31, 2009, compared with Rs 180.57 crore in the same period a year ago. |
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| Fiat move to shake up Indian market: Analysts | 06-MAY-09 |
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| Fiat’s audacious bid to take over the General Motors’ struggling unit in Germany is expected to cause a shake up in the global auto industry and enhance the Italian car company’s prospects in India, where it is currently facing stiff competition from leading Japanese and Korean brands, according to analysts. |
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| Eicher Motors Q3 net dips 4.12% | 01-MAY-09 |
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| Commercial vehicle maker Eicher Motors reported 4.12 per cent fall in net profit to Rs 15.83 crore for the third quarter ended March 31, 2009, compared with Rs 16.51 crore in the year-ago period. |
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