Mumbai: Analyst downgrades in earnings estimates of Indian companies for FY24 outnumbered that of upgrades in the past four weeks after the June quarterly results. Out of the Nifty 100 …
MUMBAI: About a third of the 95 automotive and auto component companies qualifying for the sectoral production-linked incentives (PLI) scheme did not make the requisite investments in the first year …
Sales of passenger vehicles continued their strong run in the local market in July, driven by sport utility vehicles like the Maruti Suzuki Brezza and Hyundai Creta, even as demand …
China’s BYD has told its India joint-venture partner it would shelve plans for a new $1-billion investment to build electric cars after its investment proposal faced scrutiny from New Delhi, …
PB Balaji, CFO, Tata Motors, says “we are significantly better than where we were before. We are getting much more visibility into talking in terms of visibility into the end …
Dipan Mehta, Director, Elixir Equities, says: “This is as good a bull market as it gets and managements also recognise that this is the right time to take these kind …
In 2008, Tata Motor issued stock with a differential voting right which had one-tenth of the voting right and 5% higher dividend. Synopsis The company has decided to cancel its …
Tata Motors’ wholly-owned subsidiary, Jaguar Land Rover (JLR) Plc, UK on Thursday announced the appointment of Adrian Mardell as Chief Executive Officer (CEO) extending up to a term of three …
Brokerage firm Nuvama upgraded Bajaj Consumer to a buy rating, Jefferies has a buy rating on Newgen Software, Morgan Stanley retained an equal-weight on Can Fin Homes as well as …
After remaining range-bound over the past 18 months, Indian markets finally broke the shackles and surpassed the earlier highs in June 2023. A combination of strong macros, stable micros, and …