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GST CUT ON SMALL CARS
Why India’s largest carmaker’s chairman believes small cars still rule the road despite the SUV crazeMaruti Suzuki Chairman R C Bhargava highlighted the ongoing demand for small cars in India. He noted sales figures of 398,000 small cars an...- Hyundai Motor India's Q2 profit falls 24% as commodity costs blunt tax-cut boost to demandHyundai Motor India reported a profit drop of 24% in the second quarter due to increased raw material costs. Rising commodity prices for ma...
- Maruti Suzuki shares see target price cuts by Jefferies, Nomura, other brokerages after Q2 net profit drops 26% YoY. What’s ahead?Maruti Suzuki shares post marginal gains despite a 26% YoY decline in Q2 FY27 net profit. Jefferies, Nomura and Elara Capital lower their t...
- GST clarification on foreign investor brokerage offers sentiment boost, analysts sayThe Indian government has clarified that brokerage paid by overseas clients may qualify as an export service. This could help foreign inves...
- Maruti Q2 net misses street view despite record quarterly salesMaruti Suzuki's consolidated net profit fell by 26% in the fiscal second quarter to ₹2,466 crore. Revenue rose 26% to ₹53,355.5 crore, driv...
- JLR looks to narrow gap with BMW in India on local Defender assembly and price cuts of up to Rs 34 lakhJaguar Land Rover is focusing on local assembly of the Land Rover Defender to increase its market presence. The company has reduced prices ...
- GST registration gets easier as CBIC drops Udyam proof, sets seven-day limit for approvalsThe Central Board of Indirect Taxes and Customs has issued clarifications regarding GST registration requirements for businesses. Companies...
- Kia Sonnet diwali bonus to employees: Pharma company CEO gifts cars to workers for the fourth consecutive yearWhile layoffs and cost-cutting put jobs under pressure, a Chandigarh-based company has gifted four Kia Sonet SUVs to loyal employees. The i...
- Crude oil is the key to bringing FII money back to Dalal Street: Equirus AMC’s Ashutosh TiwariForeign investors may return to Indian equities only if crude oil prices cool, according to Ashutosh Tiwari, managing director and chief in...
- Volkswagen freezes India EV investment as JSW partnership talks continueVolkswagen has paused further investment in its India electric-vehicle programme pending greater clarity on a potential partnership with Sa...
- India to remain strict on quality: Industry minister Piyush GoyalIndia's Commerce Minister Piyush Goyal emphasised a strict stance on quality and environmental regulations. He noted that many companies ar...
- GST reforms from November 1 to simplify e-commerce seller registration, fast-track refundsStarting November 1, the government plans to simplify GST registration for small e-commerce sellers. These reforms intend to reduce complia...
- Finance Ministry to invite comments on amended GST return forms from Nov 1The Finance Ministry will invite comments from businesses on proposed changes to GST return forms. This feedback period will begin on Novem...
- Car registrations plunge 22% this Navratri despite strong deliveriesThe fall largely reflects a high base. Last year's Navratri coincided with the rollout of GST 2.0, after sales had come to a standstill for...
- A Los Angeles engineer started work on a $15,000 salary in 1979; by 2026, his net worth had reached about $8 millionA $15,000 annual salary in 1979 eventually turned into an $8 million fortune for a Los Angeles engineer. His secret was not a big business ...
- Navratri shoppers splurge on clothes, appliances as gadgets get pricierSales of apparel, footwear, and cosnumer durables increased over 20% during the recent Navratri-Dussehra festive period. Car retail sales s...
- GST 2.0: How next phase of reforms can simplify compliance and unlock growth for MSMEsThe success of next-generation GST reforms will ultimately be measured on the basis of their ability to lower compliance costs, enhance ref...
- Luxury car buyers lose most GST 2.0 benefits as Mercedes, BMW and Audi raise pricesLuxury carmakers such as Mercedes-Benz, BMW, and Audi have increased vehicle prices after a GST cut. The price hikes are a response to risi...
- Auto companies ride on a low base to deliver robust 22% sales in SeptemberCar sales in India saw a 22% increase in September due to dealers stocking up for festivals and strong demand. Two-wheelers and three-wheel...
- Toyota to add annual capacity of 100,000 units at Karnataka plant from early 2027Toyota Motor aims to enhance production capacity at its Bidadi facility to accommodate increasing demand for the Innova Hycross. The compan...
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