Archive for May 17th, 2007
Tyre production in India during March this year grew by 9 per cent at 65,96,117 tyres, compared to 60,66,452 tyres produced in India during the same month last year.
Tyre exports in India also grew by six per cent at 5,02,444 tyres as against 4,73,332 in the same month of 2006, as per the data released […]
Bajaj Auto shares on Thursday plunged over 10 per cent on the bourses after the announcement of demerger of the country’s second-biggest two-wheeler maker.
The scrip lost over Rs 282 to touch an intra-day low of Rs 2,398 at the Bombay Stock Exchange after the company’s board approved a demerger scheme, splitting the group into three […]
German automotive systems supplier Continental AG on Thursday said it has begun formal operations in India by setting up a liaison office in Gurgaon and a technical centre in Bangalore. More
Courtesy:economictimes.indiatimes.com
Thursday’s board meeting of Bajaj Auto is being held in the backdrop of a sharp slowdown in the company’s domestic sales. In April 2007, domestic two-wheeler sales slumped by a record 31% year-on year. It came on top of a 7% YoY decline in January-March this year. A similar trend is visible in its three-wheeler […]