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Popular Articles

New looks in entry-level bikes
Beauty is in the eye of the beholder. Automobile manufacturers use this fact to lighten the beholder’s wallet. The application and exploitation of form over function is by no means a recent phenomenon, but using this principle to sell entry-level motorcycles in India has only been observed of late.

M&M domestic auto sales jump 67.4%
Homegrown auto maker Mahindra & Mahindra (M&M) today reported its highest ever domestic monthly auto sales with 67.4 per cent increase in January at 28,988 units against 17,320 units in the same month last year.

News of the day

LG India to invest Rs 200 cr in SMB biz
Consumer electronics major LG Electronics India today said it will invest Rs 200 crore over the next three years in IT business as it forays into the small and medium businesses (SMB) segment.
Small Business

Maruti Suzuki shrugs off Q3 numbers, ends flat

Maruti Suzuki has ended at Rs 1433, down Rs 6 or 0.4%, on the BSE. - ICICI Bank slumps on weak Q3 numbers - FII-TO-FII TRADES: PNB traded at 5% premium - Maruti Suzuki most online searched car brand: Google India - Auto sector to grow by 10-12% in 2010: Fitch - Maruti hikes car prices marginally - Maruti Suzuki hikes prices of most models The shares opened at Rs 1459 and touched a high of Rs 1487 and a low of Rs 1430 during the day. The counter saw trading volumes of 2.31 lakh shares as against the two-week average of 1.65 lakh shares. ----------------------------------------------------------------------------------------------(Updated at 0910am) Maruti Suzuki has shot up on the bourses after reporting an astounding set of numbers in the December quarter. The stock is trading at Rs 1474, stronger by Rs 34 or 2.3%, on the BSE. The shares had opened at Rs 1459 and have touched a high of Rs 1487 and a low of Rs 1451 thus far. The auto major reported a 222 per cent surge in Q3 net profit for the quarter ended December 2009 at Rs 687.53 crore as against Rs 213.57 crore in the corresponding quarter a year ago. The total income increased 58 per cent to Rs 7,594.10 crore from Rs 4,803.50 crore.


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