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Here are the goodies for auto sector from this years Budget

Feb 17, 2014

Here are the goodies for auto sector from this years Budget

There is something for everyone; from two wheelers to cars to commercial vehicles. Who will be the key beneficiaries? Maruti Suzuki, Mahindra & Mahindra, Tata Motors, Ashok Leyland for sure. Small cars sales as a segment has not been performing very well compared to the growth in sub 4 meter sedans and compact sports utility vehicles. #Maruti #Mahindra and Mahindra #auto #auto sector #Budget2014
Vote on account: Auto industry still hoping for a surprise from FM

Feb 17, 2014

Vote on account: Auto industry still hoping for a surprise from FM

Expectations are running high that despite limitations, Finance Minister P Chidambaram would make one last ditch attempt to revive the manufacturing sector when he presents the vote on account on Monday. #auto sector #excise duty #Vote on account #Budget2014
'Will meet bankers soon on lowering interest rates': Chidambaram

Oct 03, 2013

'Will meet bankers soon on lowering interest rates': Chidambaram

Finance Minister P Chidambaram will soon meet heads of public sector banks to impress upon them the need to lower interest rates in select sectors, including auto, to boost demand and promote sagging growth #P. Chidambaram #RBI #Interest rates #Raghuram Rajan #public sector banks #PSU banks #auto sector #Arvind Mayaram #Demand #growth rates
M&M's Pawan Goenka promoted as Executive Director

Sep 23, 2013

M&M's Pawan Goenka promoted as Executive Director

Goenka has been responsible for the development of several new products including the Scorpio SUV, Mahindra and Mahindra said. #Anand Mahindra #M&M #Mahindra and Mahindra #Pawan Goenka #auto sector #Scorpio
Cost cutting, new launches: How Maruti attained record profits in Q4

Apr 26, 2013

Cost cutting, new launches: How Maruti attained record profits in Q4

By relentless focus on driving down costs, making further inroads into rural markets and by hedging currencies to lessen the impact of yen movement on its bottomline, Maruti managed to post record profits. #Business #CorporateStrategy #EarningsShow #Maruti Suzuki #auto sector #Q4Results

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Cost cutting, new launches: How Maruti attained record profits in Q4

Jun 20, 2014

Stocks drifting higher in afternoon trading

Stocks held on to slight gains in afternoon trading Friday, moving closer to finishing in positive territory for the week. On a light day for economic data, investors focused on individual stocks in the news. CarMax shares vaulted after the auto deal... #Iraq #Wall Street #Oracle #AutoNation, Inc. #Dow Jones #Amgen Inc. #Alexion Pharmaceuticals, Inc. #RadioShack
Cost cutting, new launches: How Maruti attained record profits in Q4

Jun 16, 2014

Factory output rises in May after slow first quarter

U.S. manufacturing output rose in May at a solid pace, boosting hopes that the economy is expanding briskly after a dismal first three months of the year. Americans, buoyed by steady job gains, are buying more cars, while businesses are ordering more... #Federal Reserve #Institute for Supply Management
Cost cutting, new launches: How Maruti attained record profits in Q4

Jun 12, 2014

U.S. retail sales rise slightly in May

U.S. retail sales rose for a fourth straight month in May, adding to evidence that consumer spending will contribute to stronger economic growth. Consumer spending rose 0.3 percent in May, helped by a surge in demand for autos, the Commerce Departmen... #Wal-Mart #Commerce Department