Auto majors' offer: Scrap old cars, get 3% discount on new

Ahead of the festive season, several passenger and commercial vehicle manufacturers have agreed to offer discounts of 1.5-3 per cent on new vehicle purchase against scrapped old vehicles after a......

Eicher Motors shareholders refuse to re-appoint Siddhartha Lal as MD

Eicher Motors' shareholders in its recently held annual general meeting (AGM) have rejected a proposal for re-appointment of Siddhartha Lal as the company's managing director for a period of five......

Eicher Motors, Bajaj Auto rev up for battle royal

Royal Enfield’s sales are equivalent to the global sales of Harley-Davidson, KTM, BMW, Triumph, and Ducati combined, but Bajaj's MD has a counterview. Image: Eicher Motors chief executive......

Weight of FMCG cos in Nifty50 lowest in a decade

Analysts attribute the poor showing by FMCG and auto stocks to a combination of demand slowdown and rising input costs. Krishna Kant reports. Photograph: Amit Dave/Reuters Consumer stocks remain......