Company Overview and News


Add SCOOTER
to your dashboard

Headline News

Deals Buzz: Govt readies 5 strategic stake sales

2017-10-03 livemint
Mumbai: Mint brings to you your daily dose of top deals reported by newsrooms across the country. (8-1)

Honda records fastest network expansion, crosses 5,500 outlets

2017-09-26 business-standard
Honda, in a neck-and-neck race, to become no. 1 player in the over 17-million units a year domestic two-wheeler market, is increasing its focus to the hinterland for network expansion, which has crossed 5,500 now. In the current financial year alone Honda Motorcycle & Scooters India (HMSI) has added 300 dealerships opened and will be opening 200 more through the rest of the year.

70% of 5,500 outlets are semiurban: Honda

2017-09-26 moneycontrol
Honda, in a neck-and-neck race to become the top player in the over 17-million units a year domestic two-wheeler market, is increasing its focus to the hinterland for network expansion, which has crossed 5,500 now.

Scooters India to launch electric three-wheelers

2017-09-16 business-standard
T E Narasimhan & Gireesh Babu  |  Chennai  Last Updated at September 17, 2017 02:08 IST

Scooters India rallies on strategic stake sale by government

2017-08-16 indiainfoline
The government is in advanced stage to appoint advisor for proposed strategic stake sales in Scooters India .

This week in Auto: Harley enters race to buy Ducati, Honda launches its cheapest scooter

2017-06-24 moneycontrol
Italian bike brand Ducati saw new suitors lining up for a potential buy-out while closer home Japanese bike giant Honda launched the most affordable scooter to further strengthen its presence in that segment. Here is a full list of such developments that you will need to know about the automotive world.

2-wheeler sales to surge on monsoon cheer, waning currency ban effects

2017-05-24 thehindubusinessline
With forecast of a normal South-west monsoon and recovering bike sales after the effects of demonetisation, two-wheeler makers are lining up strong capex plans and a slew of new product launches to drive growth this fiscal.

Munjal Showa

2017-05-23 indiainfoline
Established in 1985, in technical and financial collaboration with Showa Corporation of Japan, Munjal Showa is among the pioneering global leaders in the manufacture of shock absorbers.

Government seeks to sell Scooters India stake, invites interest for advisers

2017-05-09 livemint
The government will opt for the strategic disinvestment route to sell of the stake in Scooters India

BS 3 ban effect: Honda, HeroMoto offering discounts of over Rs 9000 on two-wheelers

2017-03-31 moneycontrol
Even as the Supreme Court verdict on Wednesday banning sale of polluting BS-III vehicles was delivered, it has predictably led to a mad scramble among dealers to sell their old stock before April 1 deadline.

#39;NITI preparing cabinet note for closure of 7 more sick CPSEs#39;

2017-03-28 moneycontrol
Government think-tank NITI Aayog is preparing a fresh cabinet note recommending closure of 7 more sick CPSEs as part of an exercise to tackle mounting losses incurred by these entities.

Three macro triggers to watch out for on Thursday

2017-03-23 indiainfoline
Niti Aayog is recommending immediate stake sales in 12 central public sector enterprises (CPSEs). Hindustan Antibiotics, Scooters India, National Textile Corporation, Fertilisers and Chemicals Travancore and Hindustan Fluorocarbons have been identified in the second round.

Thousands of jobs at risk as Modi plans company sell-offs

2017-01-06 theedgemarkets
(Jan 6): India’s plans to sell the government’s stake in several poorly performing companies have prompted trade union threats of a nationwide strike, laying out a test for Prime Minister Narendra Modi in the lead up to crucial state elections.

Jobs at stake as Modi contemplates strategic sales across India

2017-01-05 themalaymailonline
Indian Prime Minister Narendra Modi faces a big test in the coming crucial state elections with plans to sell government stakes in a number of poorly performing companies. — Reuters picNEW DELHI, Jan 6 — India’s plans to sell the government’s stake in several poorly performing companies have prompted trade union threats of a nationwide strike, laying out a test for Prime Minister Narendra Modi in the lead up to crucial state elections.

No woman director in 15 PSUs: Govt

2016-12-17 freepressjournal.in
New Delhi :  As many as 15 public sector firms including ONGC and Indian Oil Corporation have failed to comply with regulator Sebi’s norms to appoint at least one woman director on their respective boards till December 13, Parliament was informed on Friday.

No woman director at 15 PSUs: Govt

2016-12-16 moneycontrol
All listed firms were required to have at least one woman director on their boards from April 1, 2015 , as per a new Sebi directive, as also under the Companies Act, 2013.

Board of Scooters India approves withdrawal of CFO

2016-11-14 indiainfoline
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

Cabinet gives in-principle nod for strategic sale of PSUs

2016-10-28 freepressjournal.in
New Delhi : The Union Cabinet today gave in- principle approval to Niti Aayog’s proposal for strategic sale in over a dozen public sector undertakings (PSUs) including those that are making profits.

Govt said to plan sale of 26% in BEML to meet deficit goal

2016-10-26 livemint
Govt plans to sell a 26% stake in wagon maker BEML as well as auction holdings in a clutch of other companies to help meet a record asset-sale target

Strategic sale of stake in PSUs to be revived

2016-10-22 freepressjournal.in
New Delhi: After a 12-year hiatus, the government is set to revive strategic sale of state-owned companies with the Cabinet likely to consider shortly the outright sale of stake in over a dozen PSUs including the profit making ones. “The strategic sale will come up before the Cabinet very shortly,” a top source said. NITI Aayog has prepared a list of public sector units where the government can sell its majority stake to private companies in order to bring in greater efficiency and professionalism in functioning, reports PTI.

Two-wheeler sales may vroom on good monsoon, new launches

2016-10-13 thehindubusinessline
The two-wheeler industry is likely to record double-digit growth this fiscal thanks to a good monsoon, benefits of the Seventh Pay Commission and new launches.

New CMD for Scooters India appointed

2016-09-29 thehindubusinessline
R Sreenivasulu, currently working as the Deputy General Manager/in-charge (construction)/structural mills of rolling mills at Visakhapatnam steel plant, has been selected as the Chairman and Managing Director of Scooters India under the Ministry of Heavy Industries. He will take charge of the new assignment on October 6, according to a press release.

Scooters India may be put on the block

2016-09-17 freepressjournal.in
New Delhi : Heavy Industries Ministry is likely to seek Cabinet approval for “strategic disinvestment” of loss making automaker Scooters India, a top official said on Friday.

Sensex gains 186 pts, Nifty ends above 8750; ICICI, HDFC fall

2016-09-16 moneycontrol
Equity benchmarks closed higher for third consecutive session but were off day's high due to some profit booking in afternoon trade.

Scooters India may be put on the block

2016-09-16 freepressjournal.in
New Delhi, Heavy Industries Ministry is likely to seek Cabinet approval for “strategic disinvestment” of loss making automaker Scooters India, a top official said today.