‘Honda Cars will focus more on premium segment’
DNMUM383659 | 2/22/2017 | Author : Shahkar Abidi
Country’s fourth largest car maker Honda Cars India last week launched the new City, a model which has been its mainstay since it was launched. The company’s sales have been on decline since the past few quarters. Yoichiro Ueno, president and CEO, spoke to Shahkar Abidi about fal...
Nifty may move past 8900 on liquidity, rising margins
DNMUM383552 | 2/20/2017 | Author : Dharmesh Kant
Equity as an asset class continued to outperform in the week gone by. US equities are trading in uncharted territory making fresh all-time highs regularly. Back home, Nifty was up 0.32% on week-on-week basis. The top gaining sectors were energy (+1.59%), financ...
Tata Motors plugs into Microsoft
DNMUM383387 | 2/17/2017 | Author : DNA correspondent
Mumbai: Tata Motors has tied up with global software giant Microsoft Corp to develop connected vehicle technologies using artificial intelligence (AI), advanced machine learning, and the Internet of Things (IoT). The auto major has plans to monetise the technology later.
Bajaj fumes over BS-IV deadline extension talk
DNMUM383329 | 2/16/2017 | Author : Shahkar Abidi
Mumbai: Rajiv Bajaj is livid that he is among the few auto players ready to roll out vehicles compliant with stringent BS-IV emission norms by the scheduled deadline of April 1.On Wednesday, the managing director of Bajaj Auto called a media interaction to vent his ire on r...
Led by digital, ad spends to grow 10% this year: GroupM
DNDEL2395 | 2/15/2017 | Author : DNA Correspondent
Mumbai: GroupM, in its bi-annual report on the future of advertising expenditure, ‘This Year Next Year’ (TYNY) 2017, estimates that ad spends in India will grow by 10% this year. The media agency forecasts advertising investment in India to reach Rs 61,204 crore in 2017....
St snaps winning streak on slipping earnings, Fed cues
DNMUM383253 | 2/15/2017 | Author : DNA Correspondent
Mumbai: Markets ended Tuesday’s session flat on the back of sell-off in auto and pharma stocks amid muted global cues. The BSE Sensex snapped its three-day winning run slipping 12.31 points, or 0.04%, to close at 28339. On the other hand, Nifty dropped 12.75 points, or 0.14%, clo...