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Hospitality firms look at one-time debt restructuring as moratorium ends

On account of being highly leveraged, 15 per cent of the total 160,000 rooms are at a risk of being shuttered forever according to hotel industry estimates

Hit hard by lockdown, three-wheeler makers stare at long road to recovery

Demand for the last-mile vehicle has collapsed amid restricted movement

Auto sales bounce back in August on low base effect, pent-up demand

Dispatches at India's top two car makers, Maruti Suzuki India and Hyundai Motor India, zipped past not only the pre-Covid phase but also the months preceding the pandemic

August sales: Mahindra's auto dispatches decline 13%, tractors up 69%

Volumes were dragged by medium & heavy commercial vehicles and three-wheelers. which fell 71 per cent and 94 per cent respectively

Mahindra's auto dispatches decline 13% in August, tractors up 69%

Mahindra's passenger vehicle segment that includes the utility vehicles and passenger cars was a saving grace and helped offset some decline in the overall auto sales

Maruti Suzuki car sales recover in August; up 20% YoY to 116,704 units

Maruti's exports during the month skidded 15.3 per cent to 7,920 units over the last year

Unlock 4: Maharashtra allows hotels and lodges to operate at 100% capacity

Even as the hotel association welcomed the move, it said the notification is silent on restaurants and will help if there is further clarity

Had to press re-set button to prune fixed, variable costs: Marriott's Govil

Neeraj Govil, senior vice-president, South Asia, Marriott International, tells Shally Seth Mohile that these ancillary businesses helped the firm deepen its engagement with stakeholders

Auto majors hold steady on EV plans as pandemic wrecks ICE market

Encouraged by demand pick-up in the past few months, most are going ahead with their planned investments and models

Two-wheeler makers hold out for GST rate cut, stocks of most firms rally

Companies are optimistic that if the proposal does get accepted by the GST Council, it will certainly push demand ahead of the festive season and add heft to the recovery underway

Tata Motors shares gain 8.5% on company's goal to bring debt to near zero

Analysts say company's investors are confident firm will be able to achieve significant deleveraging on the back of better performance in both, domestic business and JLR

Hyundai launches mobility membership to deepen engagement with customers

The owner of a new Hyundai car can download the HMM from an application store

Excited by demand, but production remains a challenge: Royal Enfield

"The uncertainties continue, but things are looking up on the demand side for motorcycles and it is expected to catch up soon in commercial vehicles," said Siddhartha Lal, MD and CEO at Eicher Motors

Maruti, Hero plan steep production ramp up ahead of festive season

Maruti suppliers double the inventory to ensure uninterrupted supplies

India will have strategic autonomy, says Mahindra Defence's S P Shukla

The move will give a boost to local manufacturing, be a huge employment generator and check currency imbalances, he said

Tata Motors pips Mahindra in vehicle registration in July, FADA data shows

Maruti and Hero strengthen pole position in pandemic-hit market

Auto firms brace up for the festive season with slew of new launches

Automakers hope to make up for the loss of sales in previous months, but exercise caution

I am optimistic that history will indeed repeat itself: Anand Mahindra

"Life has led us full circle," said Mahindra, alluding to 2002

M&M inducts Nisaba Godrej and Muthiah Murugappan as independent directors

Firm seeks shareholders nod to reduce stake in Ssangyong Motor

M&M pulls out of bid to supply trucks to US Postal dept in $6.3 bn deal

Firm to review operations of US arm, is in the midst of a restructuring exercise that is aimed at improving shareholders return on equity