BUSINESS
Sahara Hotels plans to set up three properties, expand Mumbai hotel
A part of the group's existing land bank could be tapped to set-up these properties.
BUSINESS
This week in Auto: Sales sputter in FY19, companies reappoint directors well past their retirement age
Here’s a complete of the main developments in the automotive space during the week.
BUSINESS
Radisson to launch Radisson Red in India, company bullish about growth
For the US-based hospitality group, India is the second most important market.
BUSINESS
Here’s why the PSA Group chose lesser known Citroen over Peugeot for India comeback
Forgetting the past and wanting to start afresh from scratch, Peugeot decided to move ahead with Citroen to woo the Indian buyer
BUSINESS
Our cars will be value for money: Citroen CEO Linda Jackson
"Launching the C5 is all about building the brand because people do not know about the Citroen brand in India," said Linda.
BUSINESS
Peugeot Citroen to make India debut with SUV in 2020, plans one new launch every year
All new models after 2020 will be made and launched in India before being introduced in other parts of the world.
BUSINESS
Weekly wrap: Bajaj Auto rejigs top deck; JSW Energy mysteriously exits electric vehicle business
Here's the weekly wrap of all the important development in the automotive space during the week
BUSINESS
Kenichi Ayukawa - Maruti Suzuki's go-to-man in crisis
The board of MSIL, which agreed to hand over a third term to Ayukawa, on March 27 reposed faith in the sales and marketing veteran as Maruti Suzuki prepares to face its toughest challenge in decades.
BUSINESS
Costa Cruises to induct new ship in Mumbai after demand soars
Following growing demand from the domestic market, Costa will be replacing the neoRiviera with an even bigger ship - Costa Victoria - in the upcoming season, which will kick off in November.
BUSINESS
Exclusive: Bajaj Auto rejigs top deck, appoints new heads of verticals
This is the third major reshuffle at Bajaj Auto in five years.
BUSINESS
Foreign carmakers' love affair with India goes sour as many brands exit
AMW, Ssangyong Motor Company, Eicher Polaris, Scania, Premier, MAN and General Motors are some of the brands and companies who have shut shop in India completely or partially in the vehicle manufacturing space.
BUSINESS
Carmakers grapple with unsold inventory, hike prices
The price hikes coincide with retail sales (sales from dealers to final buyers) hitting new yearly lows.
BUSINESS
This week in Auto: Toyota, Suzuki expand alliance; FY19 could be the year of Bajaj Auto
Here is the list of all the important developments in the automotive space this week
BUSINESS
Celebrity endorsements fail to bring cheer to struggling car companies
Though companies call the association with celebrities as a long-term brand-building strategy, there is no clear evidence of that as sales continue to go downhill
BUSINESS
Bajaj, KTM to ‘deepen alliance’, tap future mobility options under project 2.0
Bajaj has termed the next phase of the alliance as KTM-Bajaj 2.0 however there were no strategic details
BUSINESS
Here's why the shift to BS-VI entails more than what meets the eye
One of the other challenges for the industry is the issue availability of fuel from an earlier date. Though the automobile industry is hoping to have BS-VI fuels from January 2020 itself a technical issue seeks the fuel to be ready by October itself
BUSINESS
The Leela story: How the Nair family lost keys to its hospitality treasure
Even before Nair's demise, the company had already sold off its luxurious Kovalam property and an IT Park in Chennai. But the high level of debt forced the company to keep exploring sale of properties.
BUSINESS
MG Motors electric SUV eZS to be priced below Rs 25 lakh, launch in December quarter
The MG Motors eZS can travel 428 km on a full charge if driven at an even speed of 60km/hour
BUSINESS
No India vehicles among 44,000 cars recalled by JLR in UK
Regulators in the UK found these cars to have been emitting more carbon-dioxide than earlier thought
BUSINESS
Consumer sentiment weak, don't see it reviving soon, says Auto Dealer Association
Inventory days (unsold stock with the dealer) have risen to two months for cars and three months for bikes, while there is a working capital squeeze due to reluctance from banks to lend, says Ashish Kale, President, Federation of Automobile Dealers Association
BUSINESS
Fiat production down to zero in February; decks cleared for India exit
FCA India produced zero Fiat-branded cars from the Ranjangaon, Maharashtra plant in February. However, the plant continues to make the Compass SUV under the Jeep brand, owned by FCA India.
BUSINESS
This week in Auto: Mahindra unveils the Battista beast, Maruti’s iconic Gypsy drives into the sunset
Here's a look at what made headlines in the auto space during the week.
BUSINESS
We don't intend to get into hatchback segment: Gaku Nakanishi, CEO, Honda Cars India
In an interaction with Moneycontrol, Gaku Nakanishi, president and CEO of Honda Cars India, spoke at length about his company's vision and the Indian market.
BUSINESS
Rush to meet BS VI deadline forces carmakers to forge alliances with rivals
By sourcing engines from another company carmakers are able to keep product development, variable and fixed costs low
