GNCAP has completed safety assessments on more than 38 vehicles so far from 2014, and the XUV300 scored the highest safety rating among all the models tested, the company said in a release
The benchmark Sensex and the Nifty have advanced 4.5 per cent in the past four trading sessions to end at their highest level since early March
During the June quarter, all the Nifty 50 components, but four posted gains. Market players said most stocks making positive contribution is a healthy sign for the market
Leading business houses report pre-tax loss of Rs 19,342 crore in Q4
Mahindra & Mahindra Farm Equipment Sector's domestic sales in June saw a surge of 12% to 35,844 units, as against 31,879 units in June 2019.
Car manufacturers are rejigging their product portfolios as diesel and petrol prices near parity
Maruti Suzuki India, the country's largest carmaker, on Wednesday reported a 53.8 per cent year-on-year decline in domestic passenger vehicle sales to 51,274 units in June due to Covid-19 crisis
The commercial vehicle sales slumped 36 per cent to 10,417 units in June 2020 as against 16,394 units in the year-ago month
The familiar playbook of flexible payment schemes, value packs and discounted sales dons a post-pandemic avatar as brands chase thrifty customers
The partners are looking to start from 13 horsepower going up all the way to 70 horsepower, for markets like the US, Southeast Asia, India and Japan
The move is prompted by the steep impairment loss reported by the consolidated entity as SsangYong Motor (SYMC), its Korean subsidiary, and Genzee, its two-wheeler entity in the US, turned in losses.
Net loss stood at Rs 1,761 cr in Q4
Capital allocation, urban volumes, new regime key factors to be seen
Mahindra earlier reported a consolidated net loss of Rs 19.55 billion ($258 million), compared with a net profit a year ago, as it booked a writedown on its investment
All that happened in the markets today
The company's revenue also declined 35 per cent on a YoY basis to Rs 9,004.72 crore
According to the monthly sales update provided by the company, Mahindra & Mahindra sold 15.1 lakh units during the quarter
Most firms not indicating financial impact
SIAM, an industry trade body, says that if the economy contracts by 2% in the year starting April 1, sales of cars, trucks and motorbikes could decline.
Mahindra & Mahindra's stock has provided a breakdown from a rising wedge pattern on the daily chart