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  1. Passenger vehicle wholesale sales slow in May due to high base effect and elections

    Passenger vehicle wholesale sales slow in May due to high base effect and elections

    New Delhi: Passenger vehicle wholesales in India witnessed marginal growth in May due to higher base effect and lower demand due to general elections.Total passenger vehicle dispatches from companies to dealers stood at 3,50,257 lakh units last month as against 3,35,436 units in the same month...
  2. Maruti Suzuki sales declined by 2 percent in May

    Maruti Suzuki sales declined by 2 percent in May

    India's largest automotive brand saw domestic passenger sales rise by 1,44,002 units last month. Last year in the same month it was 1,43,708 units.The company reported combined sales of Alto and S-Presso models at 9,902 units. In May last year, it stood at a combined 12,236 units.The...
  3. Car sales on growth path; Maruti Suzuki, M&M, Hyundai and Kia India reveal sales numbers for May

    Car sales on growth path; Maruti Suzuki, M&M, Hyundai and Kia India reveal sales numbers for May

    New Delhi [India], Amid a significant surge in passenger vehicle sales in India, four major automobile companies have released their car sales numbers for the three months of April-June 2024. Maruti Suzuki has sold a total of 174,551 units in May. Total sales in Mont include domestic sales of...
  4. Tata Motors sales increased 2 percent to 76,766 units in May

    Tata Motors sales increased 2 percent to 76,766 units in May

    New Delhi, Tata Motors on Saturday said total wholesale sales in May increased by 2 per cent to 76,766 units, compared to 74,973 units in the same month last year.Total domestic sales stood at 75,173 units last month as against 73,448 units in the year-ago period, a growth of 2 per cent, Tata...
  5. Maruti Suzuki sales declined 2 percent to 1,74,551 units in May

    Maruti Suzuki sales declined 2 percent to 1,74,551 units in May

    New Delhi, Maruti Suzuki India on Saturday reported a 2 per cent year-on-year decline in total wholesale sales in May 2024 at 1,74,551 units.Maruti Suzuki India (MSI) said in a statement that the company had shipped a total of 1,78,083 units to its dealers in the same month last year.Total...
  6. Kia India sales rise 4 percent to 19,500 units in May

    Kia India sales rise 4 percent to 19,500 units in May

    New Delhi, Kia India on Saturday said its total wholesale sales in May rose 4 per cent year-on-year to 19,500 units.The automaker shipped 18,766 units to dealers in May 2023.“So far this year, we have been aggressive in introducing new competitive variants of our models, which has...
  7. Kia India sales rise 3.9 percent to over 2.5 lakh in May
export milestone

    Kia India sales rise 3.9 percent to over 2.5 lakh in May export milestone

    The automaker said it shipped 2,304 units from India to overseas markets in the month, taking Kia's production figure to 21,804 units.With this, the company crossed the figure of 2.5 lakh exports to more than 10 countries, a statement said.The Seltos contributed the majority, with nearly 60...
  8. Mumbai city sees 12,000 property registrations in May, up 22 per cent year-on-year

    Mumbai city sees 12,000 property registrations in May, up 22 per cent year-on-year

    MUMBAI: Registrations of properties in the Mumbai Municipal Corporation increased 22 per cent to 12,000 units during May due to strong housing demand, according to real estate consultant Knight Frank.Mumbai city (which is under BMC jurisdiction) recorded nearly 12,000 property registrations...
  9. Hyundai sales increased 7 percent to 63,551 units in May

    Hyundai sales increased 7 percent to 63,551 units in May

    New Delhi, Hyundai Motor India Ltd (HMIL) on Saturday reported 7 per cent year-on-year growth in total sales in May at 63,551 units.HMIL said in a statement that the company sold a total of 59,601 units in May 2023.Domestic dispatch of vehicles to dealers rose 1 per cent to 49,151 units last...
  10. Mahindra sales increased by 17 percent to 71,682 units in May

    Mahindra sales increased by 17 percent to 71,682 units in May

    New Delhi, Mahindra & Mahindra on Saturday said its total wholesale sales in May increased 17 per cent year-on-year to 71,682 units.The company's total deliveries to dealers in May 2023 stood at 61,415 units.The Mumbai-based auto major's passenger vehicle sales in the domestic market rose 31...
  11. MG Motor sales declined 5 percent to 4,769 units in May

    MG Motor sales declined 5 percent to 4,769 units in May

    New Delhi, MG Motor India on Saturday reported a 5 per cent decline in wholesale sales at 4,769 units in May compared to the same month last year.The company had shipped 5,006 units to dealers in May 2023.The automaker said in a statement that it has received a positive response for its...
  12. Toyota sales rise 24 percent to 25,273 units in May

    Toyota sales rise 24 percent to 25,273 units in May

    New Delhi, Toyota Kirloskar Motor (TKM) on Saturday reported 24 per cent year-on-year growth in total wholesale sales in May to 25,273 units.Last month, domestic sales stood at 23,959 units while exports stood at 1,314 units.The automaker had shipped 20,410 units to its dealers in May 2023...
  13. Property registrations in Mumbai city rise 22 per cent to 12,000 units in May: Knight Frank

    Property registrations in Mumbai city rise 22 per cent to 12,000 units in May: Knight Frank

    New Delhi: Registrations of properties in the Mumbai municipal sector rose 2 per cent to 12,000 units in May due to high housing demand, according to Nigh Frank.Mumbai city (area under BMC jurisdiction) recorded property registrations of 12,000 units till 9.25 pm on May 31, compared to 9823 in...
  14. Goa struggles to give tourists the taste of real GI tagged cashew nuts

    Goa struggles to give tourists the taste of real GI tagged cashew nuts

    Tourists usually buy cashews labeled 'Goa cashews', which actually come from Odisha, Andhra Pradesh, Gujarat, Kerala and Maharashtra. Therefore, the buyer does not get the taste of Goan cashew nuts. It is mostly imported from Benin, Ivory Coast and Indonesia.Although the Food and Drug...
  15. Popular Vehicles & Services Q4 PAT rises 40 percent to Rs 20 crore

    Popular Vehicles & Services Q4 PAT rises 40 percent to Rs 20 crore

    Mumbai, Automotive dealership firm Popular Vehicles & Services Ltd on Wednesday reported a 40 per cent year-on-year rise in profit after tax (PAT) to Rs 20. crore for the March quarter.The Kochi-headquartered company had posted PAT of Rs 14.3 crore in Q4FY23, according to a statement.Total...
  16. Universal Vulcan Aviation to bring 30 Leonardo helicopters over the next 3 years

    Universal Vulcan Aviation to bring 30 Leonardo helicopters over the next 3 years

    New Delhi: Gearing up for expansion in the Indian market, Universal Vulcan Aviation on Wednesday said it will bring in 30 Leonard helicopters in the country over the next three years.Universal Vulcan Aviation Pte Ltd (UVA) is an Italy-based distributor of Leonardo Helicopters in India.The...
  17. Nifty likely to reach 26,500 in next 18 months: Report

    Nifty likely to reach 26,500 in next 18 months: Report

    MK Global expects Nifty to reach 24,500 by December 2024 and cross the 26,500 level by December 2025.According to the report, the market's focus will not be on the Lok Sabha election results in the near future. The expected return of NDA governance with a base scenario of 330 seats will result...
  18. SEBI allows issuance of privately placed InvITs to subordinate entities

    SEBI allows issuance of privately placed InvITs to subordinate entities

    New Delhi, Capital markets regulator Sebi on Tuesday notified a framework for issuance of subordinate units by privately held infrastructure investor trusts (InvITs).The purpose of issuing subordinate units is primarily to bridge the valuation gaps that may arise as a result of differences in...
  19. Amid surge in demand, new residential units decline by 19 per cent: Prop Equity

    Amid surge in demand, new residential units decline by 19 per cent: Prop Equity

    New Delhi [India], New supply of residential units in Tier 1 cities like Mumbai, Bengaluru, Thane, Delhi-NCR has declined by 19 per cent in the first quarter (January-March) of 2024, according to a report by Prop Equity. . A total of 1,05,134 residential units were launched in Q1, a decline of...
  20. AIADMK slams Tamil Nadu government for not restarting free laptop scheme for government school students

    AIADMK slams Tamil Nadu government for not restarting free laptop scheme for government school students

    In a statement, he said it is highly condemnable that the state government is not making any announcement regarding free laptops for government school students in the state when only a few days are left for the schools to reopen.Noting that the scheme of free laptops to government school...
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