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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 ......

Sensex ends lower as Tata Motors, Maruti Suzuki skid

Markets

29 July, 2019

Sensex ends lower as Tata Motors, Maruti Suzuki skid

Indian shares ended lower on Monday, led by losses among auto stocks, as investor caution in the wake of weak ......

Nifty, Sensex erase gains to close lower for sixth day

Markets

25 July, 2019

Nifty, Sensex erase gains to close lower for sixth day

Indian shares failed to hold early gains and ended lower for a sixth straight session on Thursday, pressured by losses ......

Sensex, Nifty post second weekly loss, end at worst levels since mid-May

Markets

19 July, 2019

Sensex, Nifty post second weekly loss, end at worst levels since mid-May

Indian shares fell sharply on Friday afternoon to close at their worst levels since mid-May, as investors fretted over weak ......

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In charts: The big Indian business houses that have virtually crumbled

Finance

18 July, 2019

In charts: The big Indian business houses that have virtually crumbled

For the past several months, Dewan Housing Finance Corp Ltd has been struggling to survive. The Kapil Wadhawan-led company reported ......

Sensex, Nifty close higher as Tata Motors, Yes Bank surge

Markets

16 July, 2019

Sensex, Nifty close higher as Tata Motors, Yes Bank surge

Indian shares ended higher on Tuesday, led by strong gains in Yes Bank Ltd ahead of its quarterly results, while ......

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 ......

Sensex ends lower as Bajaj Finance, Indiabulls Housing drag

Markets

10 July, 2019

Sensex ends lower as Bajaj Finance, Indiabulls Housing drag

Indian shares closed lower on Wednesday amid a slew of disappointing news, with Bajaj Finance Ltd and Indiabulls Housing Finance ......