The legal battle in the Hinduja family, which could result in a partition of family assets, is likely to delay their plan to increase stake in IndusInd Bank
Supply chains need to be re-started, migrant labour needs to come back to work (in a systematic and safe manner), and consumer demand needs to be triggered, says Vipin Sondhi
Post the coronavirus outbreak, the correction in the auto index is now closer to that witnessed during the 2008 Global Financial Crisis (GFC) period, said HDFC Securities
The company, which is one of the leading players in the commercial vehicle segment, said its BS-IV inventory would be exhausted by the end of this month
Daimler India is taking on rivals Tata Motors and Ashok Leyland with its BS-VI line of vehicles
The companies have inked a memorandum of understanding (MoU) regarding the partnership
The company's total sales dropped to 5,321 units in November 2019, from 8,260 units a year earlier
Ashok Leyland is currently India's largest and the world's fourth largest bus manufacturer
It sold 3,336 units of M&HCV trucks in August as compared to 11,135 units, a year ago.
The stock of the commercial vehicle company was trading at its lowest level since February 10, 2015, when it had touched Rs 56 per share in the intra-day trade.
Lack of demand due to illiquid market and weak consumption appetite led to steep fall in auto-sales
Eicher Motors, Tata Motors, TVS Motor Company, Hero MotoCorp and M&M were up 1% on the NSE.