Tractor
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Auto components industry seeks uniform 18% GST on all products, says low taxation will lead to better compliance
•Currently, 60 percent of the auto components attract 18 percent GST rate, while the rest 40 percent, the majority of which are two-wheelers, and tractor components attract 28 percent
Mahindra and Mahindra plans to launch a driverless tractor in India by 2019
Ians •The technology was developed at Mahindra Research Valley near New Delhi-the group's technology hub.
Ahead of rollout, GST Council reduces tax rate on fertilisers to 5 percent
•Just a couple of hours before the Goods and Services Tax (GST) roll out, the all-powerful GST Council on Friday reduced the tax rate on fertiliser to 5 percent from previously decided 12 percent.
Favourable monsoon may give boost to CV loans, recovery in microfinance: Moody's & ICRA
•Moody's expects the performance of commercial vehicle loans in Indian auto ABS transactions to continue to recover following a deterioration post-demonetisation
Agri stocks rebound up to 48% as good rains revive hopes of better demand
Prasannad •In past nine sessions (between June 11-24) when the benchmark Sensex gained 5.1 percent, several agriculture-related stocks surged up to 48 percent
M&M Q4 net falls 38.61 percent on subdued demand for vehicles, farm equipments
Fp Archives •Fourth quarter net profit falls to Rs 550.56 crore from Rs 896.88 crore a year ago quarter
Cloud over monsoon: Agro, chemicals, tractor stocks on a slippery slope
Prasannad •Shares of most of these companies are trading nearly 1 to 16 percent lower
How good monsoon will boost FMCG, tractor makers
Fp Staff •Wheels India eyes export segment, likely to invest Rs 70 crore
Fp Archives •Wheels India Managing Director, Srivats Ram, told PTI that a significant part of the investment would be for expansion of its presence in the exports market.
M&M to halt tractor production for 4 days in October
Fp Archives •Earlier in August, the company had stopped production for up to four days across its automotive plants in the wake of weak demand.<br />