Tata Steel, one of the ten largest steel companies in the world, has reported lower than expected consolidated net profit of Rs 433.5 crore for the Jan-March quarter of financial year 2011-12, a sharp fall of 89.62%, Year-on-Year.
While Renault-Nissan has not given the thumbs up to Bajaj's four-wheeler, the RE 60, it is still working on its plans for a smaller car than its Micra, reports CNBC-TV18's Swati Khandelwal.
Maruti Suzuki's production at its main plant in Gurgaon dropped further due to component supply constraints because of the 6-day long strike at its Manesar plant, and it rolled out just about 20 per cent of the normal daily output today.
CNBC-TV18’s Swati Khandelwal reports that Hero MotoCorp's ride into the export market may not be that smooth because of capacity constraints and rising competition.
SIAM held its annual conference in Delhi. The auto sector is witnessing slowdown in certain segments, especially small passenger car space and even medium and heavy commercial vehicles. But the two wheeler and luxury cars are on a roll, reports Swati Khandelwal.
With passenger cars consuming about 15% of the diesel, the Government today indicated that it might do away with the subsidy enjoyed by such vehicle owners.
The premium hatchback segment is driving growth for most car makers. With as many as 13 cars vying for the customers’ attention in this space,
Sebi might have approved BSE's proposal to launch an SME exchange. CNBC-TV18’s Tanvi Shukla and Swati Khandelwal report on why launching the platform is easier said than done for the BSE.
Air India is going all out to get equity infusion from the government. Sources say the airline company has asked for an immediate release of the promised Rs 1,200 crore into the airline as it has pending fuel dues worth Rs 2,400 crore, reports CNBC-TV18's Swati Khandelwal.
After pan India presence for Nano, its time for Tata Motors to take this product to the export markets. They are looking at the right hand markets like Indonesia and South Africa and would set up local assembly as well.
Larsen & Toubro (L&T) has announced its results for the quarter ended December 2010. It has reported a net profit at Rs 840.6 crore in Q3FY11 as against Rs 768.8 in same period of previous year, a growth of 9.34%. The company earned one time gain of Rs 35 crore.
Re-energise. That's a word L&T is taking very seriously, both literally and figuratively. L&T is looking to invest Rs 60,000 crore to take its power generation business to the next level but that does not mean its other businesses will take a back seat, reports Swati Khandelwal of CNBC-TV18.