Dealers

FADA had earlier retail body stated that PV inventories have reached levels of 65-67 days of sales.

Domestic passenger vehicle sales up 4% in May at 3,47,492 units: SIAM

Overall passenger vehicle (PV) dispatches from companies to dealers stood at 3,34,537 units in May 2023.

Medicine sales by dealers to retailers stood at Rs 1.40 lakh crore in April-December: Mansukh Mandaviya

In a written reply to a query, Union Minister of Chemicals and Fertilisers Mansukh Mandaviya laid a statement on the table of the Upper House stating no separate data is, however, maintained regarding consumption of generic medicines in the country.

Indian gold prices hit record high, curtail demand: Dealers

Domestic gold futures rose to 57,099 rupees ($699.19) per 10 grams, up nearly 4% so far in 2023.

Indian dealers offer steeper discounts to lure price-wary buyers

Gold discounts in India were at their highest in a month, with dealers offering a discount of up to $25 an ounce over official domestic prices, inclusive of the 15% import and 3% sales levies, up from the last week's discount of $20.

Automobile dealers to clock their fastest revenue growth in three fiscals: Report

This will be aided by increasing preference for personal mobility, higher economic activity, easing supply-side constraints, shift in product mix towards higher priced vehicles, and price hikes of 5-7 per cent, Crisil Ratings said in its report.

Alleged frontrunning case at Axis Mutual Fund | What we Know so Far

Last week, Axis Mutual Fund announced the suspension of two fund managers - Viresh Joshi and Deepak Agarwal - with Viresh also acting as the chief dealer. According to sources, the allegations against the two include front running and price rigging of stocks. Sumaira Abidi explains the timeline of the ongoing probe in this video.

Reporter's Take | Volkswagen to go compact for easy access in India

Volkswagen’s (VW) dealer partners will open dozens of small stores called ‘pop-up stores’ that would be one-tenth the size of a regular showroom.

In consultation with all stake holders on MDR issue: Pradhan

il Ministry is meeting with OMCs, the Finance Ministry, dealers, bankers to resolve MDR issue, said Dharmendra Pradhan, Oil Minister.

Oil prices up in Asian trade

US benchmark West Texas Intermediate for October delivery gained 86 cents to USD 39.46 while Brent crude for October rose USD 1.07 to USD 44.21 in late-morning trade.

Oil prices up in Asian trade

Oil prices rose in Asia on Thursday after a mixed US energy report showed a healthy decline in crude stockpiles but a rise in output that could aggravate the global supply glut

Bond yields edge higher; state loan sale on Tuesday

A recent RBI report on pricing benchmarks has recommended that in the absence of required trading volume in state development loans (SDLs), the spread discovered in the last two SDL auctions, subject to appropriate qualifying criteria, may be used in place of existing fixed 25bps spread.

Rupee weaker; still headed for best month in a year

Despite a fall on Monday, the rupee is on course for its best month in a year.

European funds selling Indian banks - dealers

European funds are selling shares of Indian private banks such as ICICI Bank Ltd and Axis Bank Ltd , according to three institutional dealers who service buyside investors.

RBI likely intervened as rupee neared record low: Dealers

RBI likely sold dollars from 61.17 levels, they said. The rupee was last at 61.12/13, not far from the life low of 61.21 seen on July 8.

Tata Motors tries to woo dealers by doubling margins to 5%

In an attempt to stop its dealers from exiting the dealership, Tata Motors doubled the margins to 5 percent. Sources say, that it could be the highest margin in the passenger vehicle industry.

Strong demand from foreign investors for debt limit quotas

India attracted complete demand from foreign investors for debt limit quotas. This comes as the pricing for those are likely to be low, according to traders.

Escorts to provide farm equipment to small farmers

Escorts India is setting up a nation-wide dealers network to provide expensive farm machinery at affordable rates to small and marginal farmers on rental basis, a top company official said on Friday.

Dealer cheating causes havoc at Volvo's China unit

Swedish auto maker Volvo has uncovered widespread cheating by its car dealers in China, where retailers inflated sales to win cash rebates from the company for hitting volume targets.

Race for top spot: Which team will win NSE Done Deal?

As part of a team building exercise the National Stock Exchange (NSE) organised a pan India dealers quiz contest to appreciate and promote the contribution of dealers and stock brokers towards developing Indian Capital markets.

NSE Done Deal: 2 finalists battle to represent their region

CNBC-TV18 and National Stock Exchange (NSE) organized an all India dealers quiz contest as a team spirit initiative to appreciate the contribution of dealers and stock brokers towards developing Indian capital market.

US auto dealers sue M&M, allege fraud and conspiracy

Automobile dealers from across the United States have filed a lawsuit against utility vehicle maker Mahindra & Mahindra and its U.S. arm, accusing it of fraud, misrepresentation, and conspiracy.

RBI likely sold dollars starting 54.27/dollar: Dealers

The RBI likely sold dollars via state-run banks starting at around 54.27 rupee levels, four dealers said.

Bumpy ride for auto sector: Infra hurdles for dealers

Even as automakers try and combat the ongoing slowdown in sales, their dealers—the most crucial aspect of the chain — are facing their own set of problems. That threatens their long-term viability. CNBC-TV18’s Anshu Sharma and Elan Dutta report.

HC bench dismisses pleas

Madras High Court Bench here has dismissed petitions filed by fertilizer dealers, challenging cancellation of their licences by the Agriculture Department for allegedly diverting subsidised fertilizers to other states and for non-farm use.