Mar 02, 2017 at 10:42 | Source: CNBC-TV18
The demonetisation impact has not fully subsided and two-wheeler companies might continue to feel the pain for few more months, according to S Ravikumar, President - Business Development at Bajaj Auto.
Jan 27, 2017 at 17:00 | Source: PTI
Shares of Lumax Industries, supplier of lighting products for the automobile industry, rose by over 4 percent after the company earmarked up to Rs 100 crore to invest on expanding existing facilities as well as operations over a period of one year.
Jan 27, 2017 at 13:48 | Source: PTI
The company's board has approved a capital expenditure plan of up to Rs 100 crore over a period of 12 months for expanding existing manufacturing facilities in Sanand and future expansion for supply of automotive lighting products to its customers, Lumax Industries said in a regulatory filing.
Jan 24, 2017 at 22:11 | Source: CNBC-TV18
The note ban pain is felt by the 800 workers of the country's top two-wheeler giants, who have been put on the bench as the companies wait for demand to get back to normal.
Jan 04, 2017 at 20:56 | Source: PTI
In spite of an over 24 percent fall in December sales due to the note-ban impact, the second largest two-wheeler-maker Honda Motorcycle & Scooter India (HMSI) has closed 2016 with best-ever numbers selling close to 5 million units.
Nov 03, 2016 at 12:59 | Source: CNBC-TV18
Contrary to popular opinion about multinationals a few years ago, Motilal Oswal AMC chose to back Hero Honda as its biggest investment. The two-wheeler companys plans to double capacity and focus on mobility led to the decision, said Taher Badshah of Motilal Oswal AMC.
Oct 18, 2016 at 20:44 | Source: PTI
Two-wheeler major Honda Motorcycle & Scooter (HMSI) has not only toppled its estranged partner Hero MotorCorp in as many as 11 states, including Maharashtra andtwo UTs, as of the June quarter but also increased its market share by 3 per cent from the entrenched leader to 27 per cent now.
Jul 19, 2016 at 18:48 | Source: PTI
Citing SIAM data, Honda Motorcycle & Scooter India said its Activa range sold 13,38,015 units in the January-June period as against 12,33,725 units of Hero's Splendor series.
Jul 08, 2016 at 10:23 | Source: CNBC-TV18
India's story is looking good with strong monsoon and fundamentals. Only thing not working for India is the subdued global growth, says Raamdeo Agrawal, Joint MD of Motilal Oswal Financial Services.
Jun 20, 2016 at 08:52 | Source: PTI
In the mid-end segment (more than 110cc to less than 150cc) of the motorcycle market, as per SIAM data, sales were at 5,90,318 units in the April-May period this fiscal, up 35.57 percent from 4,35,412 units in the year-ago period.