Jun 15, 2021 10:20 AM IST
As the pandemic eats into India Inc’s top & bottom line growth, the Met department’s prediction of a normal rainfall has provided the much-needed proverbial light at the end of the tunnel. A normal rainfall would mean a good harvest translating into a higher rural income which, in turn, would spike up the demand for consumer goods, two-wheelers and tractors and a host of other industries.
- Apr 16, 2021 10:19 PM IST
The demand for personal vehicles and two-wheeler segments shot through the roof post the unlocking as people tried to avoid public transport, the recovery in demand was quite exceptional. Tractor & commercial vehicles witnessed slow recovery post unlocking. But now they are catching up fast as sales start to witness growth from pre-COVID levels. Watch the video to know more
- Mar 19, 2021 09:37 AM IST
While plans have been made to increase e-two wheeler capacity, the cost of batteries continues to be a drag
- May 19, 2020 05:30 PM IST
The Gurugram-based firm is also pro-actively setting up its platform to enable purchase and sale of electrical vehicles (EVs), it added.
- Jan 30, 2018 01:56 PM IST
Powered by an upgraded 150cc single-cylinder engine borrowed from the older Xtreme the 200R gets a 200cc air cooled engine that makes peak power of 18.4 ps and can achieve a top-speed of 114km/hr as claimed by the company.
- Aug 16, 2017 05:00 PM IST
Exactly 10 years ago, Bajaj pursued Triumph for a buyout deal before shelving those plans to buy a stake in KTM instead.
- Aug 14, 2017 01:06 PM IST
The Rs 41.3 crore issue has been subscribed by DCB Bank and IFMR Capital
- Apr 03, 2017 11:39 AM IST
Hopefully, in April things should normalise except that there will be a slight dip in demand thanks to all the preponement of sales in last month, said Rajiv Bajaj, MD, Bajaj Auto.
- Mar 16, 2017 04:56 PM IST
In an interview to CNBC-TV18, Ajith Rai, Chairman and Managing Director of Suprajit Engineering, world’s largest two-wheeler cable maker said the company will outperform industry growth rate backed by robust automotive exports.
- Mar 02, 2017 10:42 AM IST
The demonetisation impact has not fully subsided and two-wheeler companies might continue to feel the pain for few more months, according to S Ravikumar, President - Business Development at Bajaj Auto.
- Feb 16, 2017 04:30 PM IST
"If the solution or the idea is right, it will go like a hot knife through butter...if the idea is not working, for example demonetisation, don't blame execution. I think your idea itself is wrong," Bajaj said at the annual Nasscom leadership forum.
- Jan 24, 2017 10:11 PM IST
The note ban pain is felt by the 800 workers of the country's top two-wheeler giants, who have been put on the bench as the companies wait for demand to get back to normal.
- Jan 19, 2017 11:59 AM IST
Muthoot Capital Services has been able to maintain disbursement growth rate despite demonetisation impact, according to Chief Executive R Manomohanan. The two-wheeler finance company reported a 6 percent growth (YoY) in net profit at Rs 6.44 crore in the quarter ended December 2016.
- Jan 05, 2017 01:58 PM IST
Industry estimates peg nearly 50 percent of bike sales coming from the rural market, largely driven by the entry level commenter segment bikes.
- Jan 04, 2017 08:56 PM IST
In spite of an over 24 percent fall in December sales due to the note-ban impact, the second largest two-wheeler-maker Honda Motorcycle & Scooter India (HMSI) has closed 2016 with best-ever numbers selling close to 5 million units.
- Jan 01, 2017 05:24 PM IST
Royal Enfield, the two-wheeler division of Eicher Motors, today reported a 42 per cent jump in total sales at 57,398 units in December 2016.
- Dec 01, 2016 09:12 PM IST
TVS Motor Company sales growth remained flat at 2,24,971 units in November compared with 2,25,401 units in the same month last year.
- Nov 29, 2016 12:42 PM IST
The demonetisation move is likely to hit Minda Industries' November sales by 13-14 percent says Group CFO Sudhir Jain. He is hopeful the pain will not last beyond the fourth quarter of this year.
- Nov 03, 2016 09:16 PM IST
The Nano has been in the news with ousted Tata Sons chairman Cyrus Mistry stating that it needed to be shut down if Tata Motors had to make a turnaround.
- Oct 18, 2016 08:44 PM IST
Two-wheeler major Honda Motorcycle & Scooter (HMSI) has not only toppled its estranged partner Hero MotorCorp in as many as 11 states, including Maharashtra and
two UTs, as of the June quarter but also increased its market share by 3 per cent from the entrenched leader to 27 per cent now.
- Aug 30, 2016 11:20 AM IST
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.
- Jul 06, 2016 06:14 PM IST
Homegrown auto major Mahindra &
Mahindra is restructuring its two-wheeler business after the
division failed to meet its expectations and has given
voluntary retirement scheme to 250 workers as part of the
- Jun 02, 2016 12:38 PM IST
It is expected that the company will foray into two new segments -- 125cc and 150cc engine capacity scooters, sources say.
- Jun 02, 2016 12:22 PM IST
Ambareesh Baliga, an Independent Market Expert, discussed market with CNBC-TV18's Latha Venkatesh & Sonia Shenoy and also shared his views on various stocks and sectors.
- May 08, 2016 05:56 PM IST
Two-wheeler major Honda Motorcycle and
Scooter India has set a target of over 20 per cent sales
growth this fiscal as it hopes to banish the long waiting
period for its flagship Activa scooter with the commissioning
of the second line at its Gujarat facility.