TT Srinivasaraghavan, MD, Sundaram Finance, says the overhang of the slowdown would stay longer for the passenger vehicles segment due to the NBFC crisis. He spoke to ETMarkets.com on the sidelines of an FIDC event.
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Watch This NBFC says auto slowdown cyclical, mostly exaggerated With HD Quality.
TT Srinivasaraghavan, MD, Sundaram Finance, says the overhang of the slowdown would stay longer for the passenger vehicles segment due to the NBFC crisis. He spoke to ETMarkets.com on the sidelines of an FIDC event.
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Watch This NBFC says auto slowdown cyclical, mostly exaggerated With HD Quality
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Transport Minister Nitin Gadkari in conversation with ET NOW discussing the road map for the transition to EVs, growth for MSMEs and slowdown in the Auto sector on 'The Market'.
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Nitin Gadkari says that unfortunately, whatever the Finance Minister N Sitharaman said about the millennial mindset of using Olacabs & Uber was misinterpreted by the public
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While social media buzz among investors is focused on what style of investing will work now, most experts maintain that, in the long-term, it does not matter. However, if investing in turbulent times is tough, staying invested in a falling market is tougher. Industry experts discuss strategies and options for investors to protect and grow their investments in these turbulent times. listen In!
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The financial sector broadly can do very well as we get lower real interest rates, said Jonathan Garner, MD, Morgan Stanley, in an interview with India.
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India's biggest automaker, Maruti Suzuki India Ltd, has cut the number of workers it employs on temporary contracts following a plunge in vehicle sales. The auto industry, which accounts for nearly half of India's manufacturing output, is going through one of its worst slowdowns in nearly a decade, with vehicle sales falling rapidly and little sign of a revival anytime soon.
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The ongoing consumption slowdown that has gripped the Indian economy dragged down the automobile industry's August sales to the lowest level since 1997-98, leading to the sector seeking even a 'bigger stimulus package' to revive growth.
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