Auto companies have started releasing their November sales figures. Mahantesh Sabarad, Senior vice president-institutional equity research, Fortune Equity Brokers spoke to CNBC-TV18 about his outlook for the sector now.
Shivam Autotech stock rallied as the company planned to expand capacity.
In a meeting today evening, big shots of Indian industry met with the Finance Minister Pranab Mukherjee to discuss the state of the economy and reforms and crucial policy changes. In an exclusive interview to CNBC-TV18, Sunil Munjal, chairman of Hero Corporate Service said that this meeting was very well timed.
Speaking to CNBC-TV18, a jubiliant Rajiv Bajaj said operational results for Bajaj Auto were in-line with street expectations and the second quarter will see a marked improvement in sales of its 180CC bike Pulsar
Arvind Kapur, managing director, Rico Auto Industries talks to CNBC-TV18 about the latest happenings in his company and the auto ancillary sector.
Sunil Munjal, Chairman of Hero Corporate Services says the hike in key rates by RBI will be an issue for the industry and is likely to impact growth.
Promoter firm Hero Investments has proposed to buy Honda Motor's 26% stake at Rs 739.97 per share, a whopping 50% discount to current market price. This has come as a huge surprise to corporate tax lawyer HP Ranina who says this may trigger suspicion within the Income-Tax department.
Mahantesh Sabarad, senior VP, Fortune Finance and Shubhabrata Marmar, editor, Overdrive, in an exclusive interview on CNBC-TV18, gave their take on how the two-wheeler segment is shaping up and what the outlook is for the auto space going forward.