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India's passenger vehicle sales log worst-ever drop in August

Manufacturing

09 September, 2019

India's passenger vehicle sales log worst-ever drop in August

India’s monthly passenger vehicle and car sales recorded their steepest fall ever in August, according to data released by an ......

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How True North's long bet on Meru is deep underwater as M&M takes the wheel

Finance

04 September, 2019

How True North's long bet on Meru is deep underwater as M&M takes the wheel

Private equity investor True North is staring at a potential haircut in one of its oldest remaining portfolio companies, Meru ......

Automakers demand tax cuts as sales plummet for 10th month

Manufacturing

03 September, 2019

Automakers demand tax cuts as sales plummet for 10th month

India’s passenger vehicles sales are set to fall for a tenth consecutive month in August, forcing analysts to slash their ......

Bosch's Indian unit begins restructuring as auto sector slowdown bites

Manufacturing

13 August, 2019

Bosch's Indian unit begins restructuring as auto sector slowdown bites

India-listed manufacturer Bosch Ltd said on Tuesday it had begun restructuring parts of its business in light of a deepening ......

Tata Motors, Mahindra plan production cuts as auto industry crisis deepens

Manufacturing

09 August, 2019

Tata Motors, Mahindra plan production cuts as auto industry crisis deepens

Indian automakers Tata Motors Ltd and Mahindra and Mahindra Ltd (M&M) said on Friday they would cut production at some ......

Tens of thousands losing jobs as India's auto crisis worsens

Manufacturing

07 August, 2019

Tens of thousands losing jobs as India's auto crisis worsens

Slumping sales of cars and motorcycles are triggering massive job cuts in India’s auto sector, with many companies forced to ......

Should Indian companies strike a big M&A or follow a string-of-pearls strategy?

General

23 July, 2019

Should Indian companies strike a big M&A or follow a string-of-pearls strategy?

As Indian companies grow big they face the question of whether to buy a large asset or strike a number ......

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Why the perceived slowdown in India's consumer demand is not as bad as it seems

Consumer

11 July, 2019

Why the perceived slowdown in India's consumer demand is not as bad as it seems

Slowing consumer demand has been dominating the narrative around the state of the Indian economy and some indicators, especially motorcycle ......

Weak consumer demand drag passenger vehicle sales down in June

Manufacturing

10 July, 2019

Weak consumer demand drag passenger vehicle sales down in June

India's passenger vehicles sales slumped 17.54% in June, an auto industry body said on Wednesday, resulting in an 18.4% fall ......

Canada's Manulife picks up 49% stake in Mahindra's asset management arm

Finance

21 June, 2019

Canada's Manulife picks up 49% stake in Mahindra's asset management arm

Canadian financial services group Manulife has agreed to take a 49% stake in the asset management arm of Mahindra & ......