Tata Motors on Thursday said it has decided to withdraw a non-convertible debenture (NCD) issue to raise up to Rs 1,000 crore, because of “tight market conditions” — an indication that many com...

Memes about the statement have taken over WhatsApp too....

The finance ministry fears a shortfall of Rs 50,000 crore in GST collections this fiscal, given a lower than expected mop-up so far, even as the automobile sector raises its pitch for a rate cut after...

The Centre is expected to push for a lower rate on automobiles at the GST Council meeting scheduled on September 20 but may face stiff opposition from some states as this would impact their revenues.�...

The coronavirus-induced lockdown has greatly impacted the automobile sector with industry giants Maruti and Mahindra announcing sale of zero units in the domestic market in April.The country's largest...

Shares of major automobile companies fell on Monday on the back of a poor show in November sales data.Maruti Suzuki India stock fell 1.18 per cent to Rs 7,164.20 on the BSE and 1.31 per cent to Rs 7,1...

The automotive industry is going through a slowdown, according to the received wisdom. However, the WhatsApp-Twitter-Facebook University is telling me that there is no slowdown. The drop in sales is j...

In a relief to automobile dealers, the Supreme Court on Friday allowed the sale of BS-IV compliant vehicles for 10 days, except in Delhi-NCR, after the ongoing countrywide lockdown over the coronaviru...

Toyota Kirloskar Motor, Kia Motors and BMW on Monday announced temporary suspension of production activities at their respective manufacturing facilities in the wake of the coronavirus outbreak in the...

Toyota Kirloskar Motor (TKM) is banking on its multiple sourcing strategy to avoid any hit on its supply chain because of the Covid-19 pandemic.“We have to derisk ourselves by opting for multiple su...