Morning Daily - 2016-08-10

Wednesday, August 10, 2016
Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Investing in Tata Motors is not for fainthearted, says Chairman Cyrus Mistry
• Andhra Pradesh may get Hyundai arm Kia's plant
• Arvind Mathew to quit as Mahindra Reva CEO
• Hero MotoCorp announces top level management changes
• How Kwid put Renault back in the game Business Standard
• Mistry asks Tata Motors shareholders to be patient for higher dividends HT Mint
• Tata Motors moves NGT over ban on registration of diesel vehicles
• NGT to hear auto industry body SIAM's plea on diesel ban
• Automotive inventors killed by their own inventions
• Viral Feed: Top 5 Social Media Favourites Around Automobiles Last week
• Ford India cuts prices of Aspire, Figo
• Enfield taps techies for Himalayan journey Business Standard
• RBI keeps repo rate unchanged at 6.50%; CRR at 4%: 4 key takeaways
• Maruti Suzuki to ship cars on Ganga from Varanasi to Kolkata
• Royal Enfield seeks different positioning in global markets
• Apollo Tyres investing Rs 3k cr to double truck, bus tyre capacity
• TVS Srichakra enters bike radial tyre segment with Protorq The Hindu Business Line
• Motherson raises $100 mn from overseas bond sale
• Helmets mandatory for children above 4 years: Motor Vehicles Act
• VE Commercial Vehicles set to ride the school-bus segment to boost sales The Hindu Business Line
• How black and yellow cabs in Delhi and Mumbai are trying to beat Uber and Ola at their own game Scroll.in
• 10 Odd Job Interview Questions Forbes
• 6 Easy Tricks That Will Make You Way More Productive ETAuto
Policy
• Delhi may be first state to ratify GST Bill, calls assembly session from Aug 22
• Timely GST roll out challenge; inflation impact limited: RBI
Industry
• Indore plans new multi-level parking lots by 2021
• SIAM seeks rupee based payment system with Africa
• Battery-operated cars can now be booked via mobile app
• Fuji Heavy to buy back 13.7 mn ordinary shares from Suzuki Motor
• Automobile sales to gain momentum from Rs 45k cr Pay Panel bonanza: Study
• Electric car charging station companies issue warning over VW settlement
• Tesla Motors talks delayed closing project financing for SolarCity
Passenger Vehicle
• Datsun delivers 500 redi-GOs in Haryana
• Tata Motors global sales up by 20% to 88,159 units in July
• Volkswagen halts production in German Plant due to shortage of seat cover
Two Wheelers
• Bajaj Auto launches Avenger Street variants in 2 new colours
Aftermarket
• Droom plans Rs 100 cr for advertising, promotions activities
Auto Components
• JBM Auto Q1 PAT up 6% to Rs 18.10 cr
• Sundram Fasteners Q1 net profit jumps 96%
Tyres
• Apollo Tyres declares 200% dividend
• JK Tyre reports Q1 PAT at Rs 100 crore
• Apollo Tyres net profit up 11% in Q1 FY17 to Rs 315 cr
Raw Material
• India imposes anti-dumping duty on HR steel products from 6 nations
Oil & Lubes
• Oil major BP seeks buyers for 50% stake in Chinese JV SECCO
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