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Vehicle Scrappage Policy I Own vehicles older than 15 years? You may have to scrap it soon; here's why

Updated Jan 16, 2021 | 10:13 IST Union Road Transport & MSME Minister Nitin Gadkari on Friday said the proposal for vehicle scrappage policy has been submitted and approval is awaited which might come soon Own vehicles older than 15 years? You may have to scrap it soon; heres why&nbsp | &nbspPhoto Credit:&nbspANI Key Highlights Under the policy all vehicles older than 15 years will have to be recycled Final decision on the matter will be taken by the Prime Minister’s O...
New Delhi Nirmala Sitharaman Vehicle Fleet Modernisation Programme Small Medium Enterprises Union Min Nitin Gadkari Union Budget

Auto stocks: Stock market update: Nifty Auto index gains over 1%; M&M rallies 7%

Explore Now NEW DELHI: Nifty Auto stocks were trading on a positive note at 01:11PM (IST) on Wednesday. Shares of Mahindra & Mahindra (up 6.86 per cent), Bosch (up 3.07 per cent), Tata Motors (up 2.54 per cent), Bharat Forge (up 0.78 per cent) and Amara Raja Batteries (up 0.77 per cent) were among the top gainers. While Exide Industries (down 0.93 per cent), Bajaj Auto (down 0.69 per cent), TVS Motor Company (down 0.6 per cent), Eicher Motors (down 0.57 per cent) and Motherson Sumi Systems ...
Tata Elxsi Manav Infra Projects Ltd While Exide Industries Tata Motors Bajaj Auto Jump Networks Ltd

Tata Motors climbs 4%, hits 52-week high on improved earnings outlook

Shares of Tata Motors hit a 52-week high of Rs 205.20, up 4 per cent, on the BSE in Mondays session, surpassing its previous high of Rs 201.80, touched on January 15, 2020. The stock of the Tata group commercial vehicles company outperformed the market on the expectation of improved earnings. In the past three months, Tata Motors stock has rallied 47 per cent as against a 21 per cent rise in the S&P BSE Sensex, while in the last six months, it has added 89 per cent as compared to a 34 per cent ...
Tata Motors Business Standard Tata Safari Land Rover Tata Motors Share Price Tata Motors Stock

Retail sales in December end on positive for two-wheelers, car, and tractors

Updated Jan 11, 2021 | 16:15 IST Its Been An Year Of Two Halves For The Auto Industry, Where One Half Has Been Impacted Badly Due To Covid. The Other Half Saw A Rebound In Sales. December Retail Data Shows Car Industry To Be Up By 23%. Representational Image&nbsp | &nbspPhoto Credit:&nbspIANS Key Highlights Festive spill over huge in the month of December 2020 For Motown Two Wheeler sales up by 11.88% at 14,24,620 units, Passenger Vehicles sales up by 23.99% at 2,71,249 ...
Vinkesh Gulati Tata Motors Photo Credit Passenger Vehicles Auto Industry Passenger Vehicle

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M&M hits 52-week high on price hike of personal, commercial vehicles

Shares of Mahindra & Mahindra (M&M) hit a 52-week high of Rs 768.75, up 3 per cent, on the BSE in intra-day trade on Friday after the company announced price increase for its personal & commercial range of vehicles from today, January 8, 2021, due to rise in input costs. The stock surpassed its previous high of Rs 764.10, touched on December 8, 2020. The price will increase by around 1.9 per cent, resulting in an increase of Rs 4,500 - Rs 40,000, depending on the model and variant, M&M said...
Automotive Division Veejay Nakra Mahindra Amp Share Price M Amp Commercial Vehicle M Ampm Thar

Corporate Buzz Podcast | Bharat Biotech Vs Serum Institute War Not Over; Mahindra Lags In The Auto Race; Will India's Vaccine Drive Be Efficient?

Corporate Buzz podcast | Bharat Biotech vs Serum Institute war not over; Mahindra lags in the auto race; Will Indias vaccine drive be efficient? Moneycontrols Keerthana Tiwari and Prince Thomas talk about the top news from India Inc. January 08, 2021 / 07:08 PM IST In this episode of the Corporate buzz podcast, host Keerthana Tiwari and Moneycontrols Corporate Bureau Chief Prince Thomas talk about the top news from India Inc. Thomas talks about how prepared India is to distribute the vaccin...
Keerthana Tiwari Moneycontrol Corporate Bureau Serum Institute India Inc Corporate Bureau Chief Prince Thomas Bharat Biotech

Mahindra Auto Sector sells 35,187 vehicles in December 2020

Mahindra Auto Sector sells 35,187 vehicles in December 2020 Posted On: 2020-12-31 23:05:38 (Time Zone: Arizona, USA) Mahindra & Mahindra Ltd. (M&M Ltd.), a part of the USD 19.4 billion Mahindra Group, today announced that its overall auto sales (passenger vehicles+ commercial vehicles+ exports) for the month of December 2020 stood at 35,187 vehicles, compared to 39,230 in December 2019. In the Utility Vehicles segment, Mahindra sold 16,050 vehicles in December 2020, compared to 15,225 vehi...
United States Mm Ltd Mm Ltd Mahindra Group Mahindra Ltd Automotive Division

Rajan Wadhera Appointed Joint CEO Of Classic Legends

Rajan Wadhera Appointed Joint CEO Of Classic Legends Rajan Wadhera Appointed Joint CEO Of Classic Legends Indian auto industry veteran Rajan Wadhera has been appointed as the joint CEO of Classic Legends Private Limited, the parent company of Jawa Motorcycles. He will be reporting to Anupam Thareja, who is the lead director of Classic Legends. 0  Views View Photos Rajan Wadhera is appointed as Joint CEO, Classic Legends Pvt Ltd, with effect from Dece...
Ashish Joshi Deven Kataria Rajan Wadhera Anupam Thareja Pawan Goenka Society Of Indian Automobile Manufacturers

Rajan Wadhera returns to Mahindra as joint CEO of Classic Legends

0 Comments Mahindra & Mahindra is looking to further strengthen Jawa Motorcycles. It has roped in auto industry veteran Rajan Wadhera as the joint CEO of the bike brand. Wadhera will closely work with Ashish Joshi, CEO, and report to Anupam Thareja, lead director of Classic Legends. Classic Legends appoints Rajan Wadhera as joint CEO Wadhera will work alongside Ashish Joshi, CEO, Classic Legends Wadhera, who retired and stepped down from his exe...
Ashish Joshi Deven Kataria Rajan Wadhera Anupam Thareja Society Of Indian Automobile Manufacturers Auto Sector

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