T E Narasimhan
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Fairfax-backed CSB Bank fixes share price at Rs 193-195 for IPO on Nov 22
The bids for the offer can be applied for a minimum of 75 shares and its multiples
 "Fairfax-backed CSB Bank fixes share price at Rs 193-195 for IPO on Nov 22")
Auto sector may start seeing growth between Jan and Apr 2020: TVS Motor CMD
TVS Motor Company Chairman and Managing Director Venu Srinivasan also said that there has been a significant cost increase from BS-III to BS-VI
 "Auto sector may start seeing growth between Jan and Apr 2020: TVS Motor CMD")
Amid slowing sales, carmakers fear fee hike will further dent demand
The draft notification proposes to increase the registration fees from Rs 1,500 to Rs 20,000 for new M&HCVs and from Rs 1,500 to Rs 40,000 for renewals
 "Amid slowing sales, carmakers fear fee hike will further dent demand")
Ads with a cause: Brands work their way on Independence Day, Raksha Bandhan
From consumer goods to fashion and lifestyle as well as aircraft manufacturers, cause-led advertising rules the day
 "Ads with a cause: Brands work their way on Independence Day, Raksha Bandhan")
Sundaram Fasteners to go ahead with capex plan despite auto sector downturn
Manufacturing sector veteran and Sundram Fasteners chairman Suresh Krishna said that the company is not shying away from investments since it wants to be ready when economy and auto sector bounce back
 "Sundaram Fasteners to go ahead with capex plan despite auto sector downturn")
City Union Bank Q1 profit up 15% at Rs 186 crore on prudent risk management
The bank continues to stay away from large corporate consortium lendings and infrastructure sector advances
 "City Union Bank Q1 profit up 15% at Rs 186 crore on prudent risk management")
NMDC plans special purpose vehicles with state govts to set up steel plant
NMDC has also sought (from the Union government) iron ore allocation in Jharkhand and Karnataka for this purpose
 "NMDC plans special purpose vehicles with state govts to set up steel plant")
Kerala signs MoU with Isro's VSSC to promote space technology in state
The agreement will facilitate VSSC to support the state's proposal to set up the country's first Space Systems Park
 "Kerala signs MoU with Isro's VSSC to promote space technology in state")
Kia Motors rolls out its first car for India from Andhra Pradesh facility
The company also announced the commencement of mass production of Seltos
 "Kia Motors rolls out its first car for India from Andhra Pradesh facility")
Greaves Cotton increases stake in EV maker Ampere Vehicles to 81.23 %
Greaves acquired Ampere Vehicles in October 2018 for Rs. 77 crore as part of its long-term growth strategy to deliver superior products and services in last-mile e-mobility.
 "Greaves Cotton increases stake in EV maker Ampere Vehicles to 81.23 %")
Govt likely to roll back MEIS incentive as part of new export-import policy
Textile industry fears that the Commerce Ministry's decision would kill exports.
 "Govt likely to roll back MEIS incentive as part of new export-import policy")
MG Motor India to increase production due to high demand for SUV Hector
China's SAIC-owned British brand Morris Garages (MG) stopped taking bookings after the company received 27,000 bookings and is now in the process of ramping up its monthly manufacturing capacity
 "MG Motor India to increase production due to high demand for SUV Hector")
Amul butters its way into cookie market, takes on rivals over their fare
The playbook is a familiar one for the GCMMF, one that it used a couple of years earlier when it went head-to-head with Hindustan Unilever over ice-creams
 "Amul butters its way into cookie market, takes on rivals over their fare")
Auto slowdown: 286 dealers closed down in 18 months, 32,000 jobs impacted
The worst-hit is the passenger car segment. Maharashtra leads with 84 closures, followed by Tamil Nadu and Delhi
 "Auto slowdown: 286 dealers closed down in 18 months, 32,000 jobs impacted")
We expect L&T's Isro business to grow at least sixfold: J D Patil
Isro is going to ask private players to assemble small rockets right away, says the senior executive vice-president of L&T's defence segment
 "We expect L&T's Isro business to grow at least sixfold: J D Patil")
GST Council trims rate on EVs to 5% in bid to boost electric mobility
EVs, chargers to be taxed at 5%, against 12% and 18% at present
 "GST Council trims rate on EVs to 5% in bid to boost electric mobility")
Govt intervention needed to save auto component sector jobs: ACMA president
Leading industry body head says the govt should intervene with measures like cutting the GST rate to 18% across the entire auto and auto component sector
 "Govt intervention needed to save auto component sector jobs: ACMA president")
How Tirumala, home to one of world's richest temples, manages god's affairs
Given the humungous numbers that pour in every day, managing the affairs of the temple town, which is spread across 27 sq km, is no small feat
 "How Tirumala, home to one of world's richest temples, manages god's affairs")
Govt's big push for EVs: GST Council trims rate on EVs, chargers to 5%
Hiring of electric buses (of carrying capacity of more than 12 passengers) by local authorities was exempted from GST
 "Govt's big push for EVs: GST Council trims rate on EVs, chargers to 5%")
Tesla may run on Indian roads in 2020: Elon Musk to IIT-Madras students
Breaking his silence over India plans, Elon Musk tweeted in March this year that he would love to be in the country in 2019 or next year
 "Tesla may run on Indian roads in 2020: Elon Musk to IIT-Madras students")
