Passenger vehicle sales hit speed-break in June

Passenger vehicle wholesales saw a marginal growth of 4 per cent in June on account of high base effect and muted demand due to severe heatwave conditions in several parts of the country.......

Unlisted Shares Market Is Buzzing

The dealers operating in the space have jumped nearly three times over the past two years. Illustration: Dominic Xavier/Rediff.com   On May 10, after a typical workday, three young colleagues......

Tax poser in the way of Hyundai local arm listing

South Korean auto giant Hyundai Motor Company is considering tax implications of listing its Indian unit before taking a final call, according to sources privy to the development. Hyundai Motor is......

Maruti Makes More Money Per Car Than Others

Maruti recorded a 13.12% year-on-year surge in average revenue earned per car in 2023 compared to M&M's 7.56%, Hyundai's 6.76% and Tata Motors' 1.88%. IMAGE: Maruti Suzuki India Managing Director......