The tax incidence will remain more or less the same under GST despite the cess, says Executive Director of M&M, Pawan Goenka. He along the management of several auto companies, discussed transitional issues on GST with Finance Minstry officials today

Bus division will see an uptick in FY17, says JBM's ED

JBM Group expects Rs 2,000 crore revenue and 30 percent topline growth in FY17, says the company's Executive Director Nishant Arya.

Expect Q3 show to improve on strong festive demand: Tata Motors

Mayank Pareek, President of Passenger Vehicles Business at the automaker said that initial festive demand beginning Onam has been very good for Tata Motors. The company is on course to achieve its business plans globally, he added.

Private sector investment pickup will take time: Pawan Goenka

While it is reasonable to expect India will see high economic growth, private sector investments may take some time to kick in, says Mahindra & Mahindra‘s Executive Director Pawan Goenka.

Confident industry will grow at 15% on back of rains: M&M

Rajesh Jejurikar, Chief Executive- Tractor and Farm Mechanisation at M&M is confident that industry will grow at 15 percent in FY17 versus 10 percent projected earlier.

M&M to reinvent 2-wheeler biz; to focus more on premium products

In an interview to CNBC-TV18, the company‘s Executive Director Pawan Goenka said that M&M has initiated an internal study on two-wheeler business and a concrete decision will be released in next 6-8 weeks.

M&M eyes 20-25% penetration for DiGiSense across India

Pawan Goenka, ED, M&M also added that currently applications are more commercial in nature.

Consolidated growth ex-Phoenix Lamps 18%: Suprajit Engineering

Suprajit Engineering reported a solid set of earnings in Q1 with strong revenue growth of 64 percent.

SC lifts ban on registration of luxury diesel cars in NCR

In a relief to automotive industry, the Supreme Court on Friday lifted the ban on registration of diesel cars in the National Capital Region, subject to a 1 percent cess paid at the time of registration.

Bharti Airtel most transparent co among EMs: Transparency Int'l

The anti-corruption watchdog has said that companies in emerging markets have "pathetic levels of transparency", but Indian companies are better of the lot.

New Blazo to boost heavy CV segment growth: Mahindra

Nalin Mehta, MD & CEO, Mahindra Truck & Bus Division said the most important feature of the new range of Blazo trucks was the fuel spark technology.

Demand uptick, change in demographics aiding auto growth: Citi

Market for cars has been expanding and will continue to expand in coming time, says RC Bhargava, Chairman of Maruti Suzuki.

See Apr-Jun domestic tractor ind growth at 10%: M&M's Jejurikar

Rajesh Jejurikar of M&M says there is improvement in sentiment but whether it translates into real demand depends on the way monsoon pans out. "Rural demand is ultimately based on cash flows," he adds.

Will not launch a petrol variant for NuvoSport: M&M

M&M has launched this car with 6 variants which will be manufactured at its Nashik Plant, says Pravin Shah, President and CEO-Automotive Division of the company

MHCV sales jumped 59% in FY16: M&M

In an interview with CNBC-TV18, Pravin Shah, President and CEO - Automotive Division, M&M, talked about the company's monthly and annual sales numbers and discussed the implications of the Supreme Court ban on large diesel passenger vehicles.

Trringo.com to be based on dual biz model: M&M

In an interview with CNBC-TV18, Rajesh Jejurikar, President and CEO of Mahindra's Farm Equipment said that M&M plans to invest above Rs 10 crore in this start-up.

Urban demand strong, rural market remains a challenge: M&M

In an interview with CNBC-TV18, Pravin Shah, President and Chief Executive-Automotive at M&M said that the demand in urban market remains to be strong while the rural demand continues to struggle.

Not overly worried about infra cess impacting demand: M&M

The infrastructure cess is sure to have a negative impact on the overall demand said VS Parthasarathy, CFO, Mahindra and Mahindra but on other hand the various measures to boost rural economy, infrastructure and farmer income could help mitigate the negatives.

Will sign MoU at Make In India for Chakan Phase II invst: M&M

Pawan Goenka, executive director at Mahindra & Mahindra (M&M) pointed out that investment has never been a constraint for the company and a lot depends on market conditions, demand pull and exports.

XUV Aero Coupe to be most expensive from M&M's stable

Executive Director of M&M, Pawan Goenka, speaking from the show‘s sidelines, says that the company will decide when to produce the car in coming three months and will keep the pricing within Rs 20 lac range.

Turnaround in growth visible; optimistic on overseas biz: M&M

Anand Mahindra, Chairman of Mahindra & Mahindra (M&M) says that while the industry is not very optimistic on auto sales picture, M&M is seeing an uptick in growth currently.

Subsidies from AP, TN govts helped boost Q3 growth: EPC

The company reported a revenue gain of 33 percent to Rs 52 crore and net-profit went up by 350 percent to Rs 3.6 crore on a year-on-year basis.

Auto ind meets Gadkari to relook BS-VI implementation timeline

At the meet, Vinod Dasari, President of SIAM, also relayed his thoughts on the recent ban on registration of 2000cc+ cars in New Delhi, pointing out that less than 20 percent of pollution actually comes from auto emission in the city and he wishes the myth that cars are polluting India is dispelled.

Pick-up truck Imperio will create new niche segment: M&M

Pravin Shah, president and chief executive – automotive division, M&M, explains why he expects the vehicle to do well even in a declining small commercial vehicle market

Not losing sleep over diesel car ban in NCR: Pawan Goenka

Pawan Goenka, Executive Director, Mahindra & Mahindra said, the company along with co-petitioners Toyota and Mercedes will urge the Supreme Court on Tuesday to reconsider its decision on diesel car ban after carefully running through all the published facts on contribution of automobiles in causing pollution.