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Honda establishes unit to offer retail sales financing servicesHonda Motor Co. Ltd. is expanding its presence in India. The Japanese auto major has established Honda Finance India Pvt Ltd. This subsidia...- India's small towns turn boomtowns for auto financingCar ownership aspirations in India are driving a surge in auto loans, extending beyond metros to smaller cities. Major carmakers expect fin...
- Kolkata’s demand for pre-owned cars spike 93% amid changing automotive trends, CARS24 saysKolkata, India's city with the highest vehicular density, has recorded a 93% spike in used car sales during the first half of 2021, accordi...
- TPG exits Landmark Cars; sells 11.25% stake for Rs 293 crUS-based private equity major TPG Capital on Friday sold its entire 11.25 per cent stake in automobile dealership chain Landmark Cars for R...
- Three IPOs to hit primary market next week to raise Rs 1,858 crAnkit Yadav, Founder and Director of Market Maestroo, said all the three IPOs are coming at a time of interest rate hikes. Generally, there...
- Stock market update: Stocks that hit 52-week highs on NSEFaze Three Ltd, TCPL Packaging, Jeena Sikho Lifecare Ltd., Honda Siel Power and Bank of Maharashtra, hit their fresh 52-week highs at 11:15...
- Stock market update: Stocks that hit 52-week highs on NSE in today's tradeKhaitan(India), Refex Industries, Magnum Ventures, HLV Ltd. and Honda Siel Power, hit their fresh 52-week highs during the day.
- Stock market update: Stocks that hit 52-week highs on NSEKhaitan(India), Refex Industries, Tapi Fruit Processing Ltd., Magnum Ventures and Honda Siel Power, hit their fresh 52-week highs at 11:05A...
- Apollo Global set to invest $125 mn in Hero FinCorpApollo will end up owning a 9%-11% stake in the NBFC on a fully diluted basis and have a board seat. Other than flagship Hero MotoCorp that...
- Car sales dip most in two decades in 2019Sales of cars and SUVs went into a free fall in 2019, witnessing the biggest decline in over two decades.
- Banks aren’t out of the woods yet, but closer to the tail: Pralay Mondal, Axis BankThese cycles will differentiate the men from the boys lot more than it has ever done before.
- With India’s economy growing at about 7%, why the auto industry is hurting so badly?The sector that employs 37 mn people and contributes 7.5% to India's GDP stares at a multi-layered crisis.
- Top companies lose grand auto heft, analysts downgrade stocksNBFC financing in past five years helped drive sales of cars, tractors, & commercial vehicle.
- Not only demonetisation, GST to also hit unorganised players: Girish Pai, Nirmal BangGoing forward into FY18, the spending has to be lot larger than what is going to happen in FY17 because I think there is going to be a down...
- Hero FinCorp in talks with PE firms to raise Rs 800 crore via 10% stake saleHero FinCorp, which employs over 2,500 people, has a loan book of Rs 5,000 crore, racing towards a billion dollars or Rs 6,600 crore.
- Stocks Roundup: Hero Motocorp, Retail Stocks & Kwality DairyShares of twowheeler maker Hero Motocorp lost over 5% to end at Rs 1,735 after Japanese auto major Honda, its former joint venture partner,...
- Negative on markets; 14,700 is the target for Sensex: Nirmal Bang Institutional EquitiesThere will be an economic slowdown due to higher interest rates and it will extend into FY13, says Hemindra Hazari, Nirmal Bang Institution...
- Fullerton India gives pink slips to 3,000 employeesTemasek-backed non banking finance company(NBFC) Fullerton has given pink slips to 3,000 employees, around 20% of its workforce in India.
- Fullerton India lays off 3,000 employeesTemasek-backed NBFC Fullerton India has given pink slips to 3,000 employees, which is around 20% of its workforce in India.
- Videocon, Hero Honda, Adani vie for stake in UCO Bank armVideocon, Hero Honda, Adani and Sterling Biotech are in talks with UCO Bank for acquiring a 25% stake in the proposed financial services su...
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