Search For "auto sector"
BJP defends FM's remarks on auto sector slump
Updated : 6 years, 5 months ago IST
New Delhi [India], Sept 11 (ANI): BJP on Wednesday sought to defend Finance Minister Nirmala Sitharaman for saying millenials were averse to EMIs and their preference for Uber and Ola were the major reasons for the slump in automobile sector.
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Millennial mindset of using app-based taxi adversely affecting auto sector
Updated : 6 years, 6 months ago IST
Chennai (Tamil Nadu) [India], Sept 10 (ANI): Finance Minister Nirmala Sitharaman on Tuesday stated that the mindsets of millennial were adversely affecting the automobile industry as they prefer to use radio taxi services instead of buying own vehicle.
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Centre's measures will enable auto sector make turnaround: NITI Aayog Vice
Updated : 6 years, 6 months ago IST
New Delhi [India], Sept 9 (ANI): NITI Aayog vice-chairman Rajiv Kumar on Monday said that various relief measures announced by the Central government would help the auto-sector make a turnaround.
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Gadkari to take up auto sector's demand for GST reduction with Sitharaman
Updated : 6 years, 6 months ago IST
New Delhi [India], Sept 5 (ANI): Union Minister for Road Transport and Highways, Nitin Gadkari on Thursday assured the automobile industry of support from the centre, saying he will take up the industry's demand of GST reduction with the Finance Minister Nirmala Sitharaman.
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Poultry sector in crisis, seeks relief assistance from Centre
Updated : 6 years, 6 months ago IST
New Delhi [India], Sept 5 (ANI): Amid concerns over a slowdown in the economy with the auto sector already witnessing the worst slump in decades, worrying reports are now coming from the poultry farm sector in the country.
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Sundaram-Clayton Ltd Padi factory to remain shut for two days
Updated : 6 years, 7 months ago IST
Chennai (Tamil Nadu) [India], Aug 16 (ANI): The Padi factory of Sundaram-Clayton Limited (SCL), a TVS Group Company will remain closed for two days.
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Economy in 'critical' state, govt running away from debate: Anand Sharma
Updated : 6 years, 7 months ago IST
New Delhi (India), Aug 13 (ANI): Congress on Tuesday said the country's economy is in a "critical" state and accused Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman of "running away" from a debate on the issue.
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Auto sector seeks GST relief as vehicle sales dip 31 pc in July and job lo
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 13 (ANI): Domestic passenger vehicle sales fell 30.9 per cent in July, marking a ninth straight decline in monthly sales amid prospects of 10 lakh job losses in the automobile and allied sectors.
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Slump in auto sector pulls down Mahindra Logistics profit by 24 pc
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 1 (ANI): An unprecedented slowdown in the automotive sector pulled down Mahindra Logistics profit after tax to Rs 19 crore in the first fiscal quarter, 24 per cent lower from Rs 24 crore in the corresponding period of the previous financial year.
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Sensex drops 237 points on profit booking, Nifty below 11,600
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 19 (ANI): Equity benchmark indices erased opening gains in early hours on Friday due to profit booking with the Nifty auto dropping 1.3 per cent.
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Sensex falls by nearly 600 points, Nifty PSU bank slides over 5 pc
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 8 (ANI): Equity indices extended losses with panic selling across sectors around noon on Monday after the Union Budget for 2019-20 did not announce any measures to boost the auto sector.
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SIAM reports surge in overall sales in auto industry by of 36.39 pct
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 11 (ANI): Society of Indian Automobile Manufacturers (SIAM) on Thursday released the sales data for the month of December, with a surge in overall sales of auto industry by 36.39 percent on YoY basis.
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