Dedicated freight corridor: 18-year mission on track

[ad_1] In 12-odd hours — about half the time it takes by road — Maruti Suzuki’s automotive parts travel the 659 km between New Rewari in Haryana to Palanpur in Gujarat on the truck-on-train service (ToT) provided by the Dedicated...

Finmin sets timeline to scrap vehicles under new guidelines; to benefit auto cos like Maruti Suzuki, Tata Motors

[ad_1] The Finance Ministry has fixed a timeline for scrapping various types of vehicles and placing fresh orders. This is a part of new guidelines to write off losses under revised Delegation of Financial Power Rules (DOFR). These rules have...

Finmin sets vehicle condemnation, scrappage timeline; to benefit auto cos like Maruti Suzuki, Tata Motors

[ad_1] The Finance Ministry has fixed a timeline for scrapping various types of vehicles and placing fresh orders. This is a part of new guidelines to write off losses under revised Delegation of Financial Power Rules (DOFR). These rules have...

PV sales in FY24 crosses staggering 4.2-million mark

[ad_1] Leading vehicle manufacturers including Maruti Suzuki India (MSIL), Hyundai Motor India (HMIL), Tata Motors and Mahindra & Mahindra have reported record sales in FY24 in their domestic wholesales (dispatches to dealers) to cross a total industry volume of 4.2...

Stock that will see action today: 28 March 2024

[ad_1] Media reports indicate that the US-based private equity firm Warburg Pincus’ affiliate, Cloverdell Investment, is likely to sell its entire stake in IDFC First Bank. The investment firm is expected to offload its 2.25 per cent in the bank...

Stocks that will see action today: March 26, 2024

[ad_1] Sanghvi Mover has incorporated wholly owned subsidiary “Sangreen Renewables Private Limited” to carry out business related to provide full-fledged turnkey services to independent power producers right from conceptualisation to commissioning of wind turbine genrator (WTG). Andhra Paper said that...

Nifty, Sensex trade flat; IT stocks drag

[ad_1] Benchmark indices traded flat intra-day after opening lower in the morning trade. BSE Sensex traded at 72,816.03, up by 174.84 pts or 0.24 per cent as of 12.25 pm, Nifty 50 traded at 22,083.70, up by 71.75 pts or...

PV Waiting Period in India Returns to Pre-Covid Levels

[ad_1] The passenger vehicle (PV) waiting period in the domestic market has come to the pre-Covid levels with around three lakh units in the backlog, which is an average waiting time of around 26 days, industry veterans said on Thursday.“The...

Sensex rises over 200 pts, Nifty at 21,800 level; IIFL Finance hits 52-week low

[ad_1] BSE Sensex rose by 214.65 pts or 0.30 per cent to trade at 72,226.70 as of 1.05 pm, while Nifty 50 traded at 21,871.05, up 53.60 pts or 0.25 per cent.Nifty midcap 100 declined by 0.16 per cent as...

Maruti Suzuki stock hits 52-week high, crosses ₹12,000 for first time

[ad_1] Shares of Maruti Suzuki India Ltd hit a 52-week high on the NSE on Wednesday’s trade at ₹12,007.15. As of 11.51 a.m., the stock traded at ₹11,950.25, higher by 3.05 per cent.The upper circuit for the stock is at...
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