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Sensex up 130 points; Adani Ports spurts over 3%

2018-01-19 thehindubusinessline
The S&P BSE Sensex rose about 131 points in early trade, extending gains for the third session on continued foreign fund inflows amid encouraging quarterly results. Besides, a firm trend in other Asian bourses boosted the trading sentiment. (18-0)

Spread too thin? Fewer businesses might make M&M a better conglomerate

2018-01-18 business-standard
When Mahindra & Mahindra (M&M) took the call in 2008 to acquire a two-wheeler business being sold by Kinetic Motor for Rs 1.4 billion, the consensus was that the company, known for its tractors and rugged sports utility vehicles (SUVs), could leverage distribution and brand equity to crack a booming motorcycle market. (4-0)

Sensex hits another peak of 35,476.70; Nifty at 10,887.10

2018-01-18 freepressjournal.in
Mumbai: The BSE Sensex continued its record-setting spree for a second day, scaling a new high of35,476.70 in opening trade today as banking stocks led rally on sustained foreign fund inflows. Also, the broader NSE Nifty zoomed to a new high of10,887.10. The 30-share index rallied by 394.88 points, or 1.12 percent, to hit the peak of 35,476.70, breaching its previous intra-day high of 35,118.61 hit yesterday. (22-0)

Hero MotoCorp Limited - Results

2018-01-17 nseindia
(1-0)

Believe it or not! Rural India’s bad roads are giving 100cc bikes a smooth ride

2018-01-16 moneycontrol
Pothole-ridden, back-breaking roads are a nuisance for riders, commuters and civic bodies alike. The nightmare, however, has become a lifeline for and is sprucing up sales if 100cc geared motorcycles — a segment the auto industry had written off owing to dipping sales. (4-0)

Auto firms seen reporting strong revenue in Q3 but margins may remain under pressure

2018-01-15 livemint
Mumbai/New Delhi: Automobile manufacturers are expected to report strong revenue and profit growth in the third quarter of the current fiscal year, boosted partly by the favourable effect of a low base in the year earlier quarter when demonetization was announced. (10-0)

Closing Bell: Sensex ends over 251 pts higher, Nifty just below 10,750; HDFC up 6%

2018-01-15 moneycontrol
3:30 pm Market at Close: The market ended the day on a good note, but off the day’s high points. The Nifty closed below 10,750-mark. (27-0)

Market Live: Sensex trims gains, Nifty around 10,750; midcaps give up gains

2018-01-15 moneycontrol
1:05 pm Market Check: Equities are now steadying after witnessing a strong rally through the morning. The Sensex is up over 290 points, while the Nifty is trading around 10,750-mark. About 1567 shares have advanced, 1179 shares declined, and 273 shares are unchanged. (24-0)

Market Live: Nifty trades strong, Sensex up over 300 pts; WPI at 3.58%

2018-01-15 moneycontrol
1:05 pm Market Check: Equities are now steadying after witnessing a strong rally through the morning. The Sensex is up over 290 points, while the Nifty is trading around 10,750-mark. About 1567 shares have advanced, 1179 shares declined, and 273 shares are unchanged. (24-0)

In Q3, auto sector to report robust topline growth but low margins: Report

2018-01-14 business-standard
Though auto companies are set for better revenue growth in the December quarter, primarily boosted by pick-up in rural demand and low-base effect due to the note ban impact, higher input costs and year-end offers would crimp their margins, says a report. Most auto companies and ancillaries are likely to report double-digit revenue growth of 14-51 per cent during the third quarter, says a weekend report by HDFC Securities. (8-0)

Auto sector set for robust topline growth in Q3

2018-01-14 thehindubusinessline
Though auto companies are set for better revenue growth in the December quarter, primarily boosted by pick-up in rural demand and low-base effect due to the note ban impact, higher input costs and year-end offers would crimp their margins, says a report. (8-0)

Passenger vehicle sales zoom past record 30 lakh mark in 2017

2018-01-11 moneycontrol
Passenger vehicle sales in India crossed 30 lakh mark for the first time in 2017, growing at a five-year high of 8.85 percent on the back of robust demand for utility vehicles. (4-0)

Bajaj Auto is confident of 8% jump in market share in 2 months

2018-01-10 moneycontrol
With less than three months to go for the financial year to end, Bajaj Auto has not changed its target market share and is confident of closing the year with a share of 24 percent in the motorcycle segment. (4-0)

Mumbai Dena Bank fraud case: ED attaches assets worth Rs 13.19 crore

2018-01-10 freepressjournal.in
Mumbai: The Enforcement Directorate (ED) attaches assets worth Rs 13.19 crore under Prevention of money Laundering Act (PMLA) following investigation into Rs 220 crore fraud in Dena Bank, Malabar Hill Branch, Mumbai. (1-0)

Japanese two-wheeler companies snatch market share from India counterparts

2018-01-10 moneycontrol
Japanese bike and scooter makers appear to have judged India’s two-wheeler buyer better than their Indian counterparts, leading to a gradual shift in market share to these foreign brands. (6-0)

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