Auto sector shifts gears to premium models as high segment 2Ws, PVs take over
The Business Guardian|March 27, 2024
The Indian automobile sector is riding high on premiumisation as trends show in two-wheelers and passenger vehicles. A study of model-wise data for twowheelers (2Ws) and PVs for FY24 (year-to-date) shows that the growth in domestic motorcycles has been driven largely by the 125cc and above segments with the 125cc segment up 15 per cent yoy, 150-250cc segment up 22per cent YoY and the 250cc plus segment up 19 per cent YoY. On the other hand, the 100cc segment continues to underperform the industry and is up about 9 per cent.
NIVEDITA MUKHERJEE

For Maruti Suzuki, the Fronx and Grand Vitara models continue to drive UV growth, while for Mahindra and Mahindra's (MM) biggest growth driver in UVs in FY24 has been Scorpio and for Hyundai, the launch of Exter has helped boost volumes in the compact SUV segment without materially cannibalising Venue sales, a report by Motilal Oswal Financial Service showed on Tuesday.

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Delhi High Court Overturns Case Transfer, Issues Guidelines For Judges
The Business Guardian

Delhi High Court Overturns Case Transfer, Issues Guidelines For Judges

The The Delhi High Court has set aside a case transfer order that was sought on grounds of bias, directing that no case should be transferred without first inviting and considering comments from the concerned judge.

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1 min  |
May 30, 2024
Delhi HC Petition Targets Sunita Kejriwal, Others For Alleged Video Conferencing Rule Breach
The Business Guardian

Delhi HC Petition Targets Sunita Kejriwal, Others For Alleged Video Conferencing Rule Breach

Ap petition has been filed Lin the Delhi High Court against Sunita Kejriwal, wife of Chief Minister Arvind Kejriwal, and others, accusing them of violating the court's video conferencing regulations.

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1 min  |
May 30, 2024
Recovery operations underway after Palghar train derailment disrupts services
The Business Guardian

Recovery operations underway after Palghar train derailment disrupts services

Officials from the Western Railway have reported major disruptions to train services in Maharashtra following the derailment of a goods train at Palghar railway station. Restoration efforts are currently ongoing, a day after the incident occurred.

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1 min  |
May 30, 2024
Congress prepares for Legislative Council Elections in Maharashtra
The Business Guardian

Congress prepares for Legislative Council Elections in Maharashtra

The Congress party is gearing up to contest elections for two of the four Legislative Council constituencies designated for graduates and teachers in Maharashtra, announced state unit president Nana Patole on Wednesday.

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1 min  |
May 30, 2024
MALABAR GOLD AND DIAMONDS SOUTH EXTENSION, DEL STORE LAUNCHES HUNGER-FREE WORLD’ PROG
The Business Guardian

MALABAR GOLD AND DIAMONDS SOUTH EXTENSION, DEL STORE LAUNCHES HUNGER-FREE WORLD’ PROG

Malabar Gold and Diamonds organized the 'Hunger-Free World' program at their South Extension-2 store. The event was graced by Chief Guest, Honorable Mr. Madan Lal (MLA South Delhi), and Honorable Mrs.

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2 dak  |
May 30, 2024
The Business Guardian

AFTER R BASANT'S REFUSAL T0 ACCEPT REMUNERATION AS AMICUS, PARTIES DONATE RS 45 LAKHS T0 TRUST IN HIS SENIOR'S NAME

The Senior Advocate R Basant of the Supreme Court recently turned down the honorarium for acting as an amicus curiae for facilitating the resolution of a longdrawn family dispute.

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2 dak  |
May 30, 2024
SUPREME COURT: MAGISTRATE DOES NOT TAKE COGNIZANCE OF OFFENCE WILE DIRECTING POLICE INVESTIGATION AS PER SEC. 156(3) CRPC
The Business Guardian

SUPREME COURT: MAGISTRATE DOES NOT TAKE COGNIZANCE OF OFFENCE WILE DIRECTING POLICE INVESTIGATION AS PER SEC. 156(3) CRPC

The Supreme Court in the case M/S Sas Infratech Pvt. Ltd. Versus The State Of Telangana And Anr observed and has reiterated that a Judicial Magistrate cannot be said to have taken cognizance of an offence by directing an investigation by the police under Section 156 (3) of the Code of Criminal Procedure, CrPC.

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2 dak  |
May 30, 2024
Delhi High Court Seeks ED's Response On Satyendar Jain's Default Bail Plea In Money Laundering Case
The Business Guardian

Delhi High Court Seeks ED's Response On Satyendar Jain's Default Bail Plea In Money Laundering Case

The Delhi High Court in the case Satyendar Jain v. ED observed and has issued notice on the plea filed by Aam Aadmi Party, AAP leader Satyendar Jain wherein seeking default bail in the money laundering case.

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2 dak  |
May 30, 2024
SUPREME COURT: TENANT CONTINUING IN POSSESSION AFTER EXPIRY OF TENANCY LIABLE TO COMPENSATE LANDLORD BY PAYING 'MESNE PROFITS'
The Business Guardian

SUPREME COURT: TENANT CONTINUING IN POSSESSION AFTER EXPIRY OF TENANCY LIABLE TO COMPENSATE LANDLORD BY PAYING 'MESNE PROFITS'

The Supreme Court in the case Bijay Kumar Manish Kumar Huf Versus Ashwin Bhanulal Desai observed and has held that if the tenant continues to remain in the rented premises even after the tenancy rights are being extinguished, then the landlord would be entitled to receive compensation in the form of 'mesne profit' from the tenant.

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2 dak  |
May 30, 2024
Chinese vessels near Senkaku Islands for record 158 days
The Business Guardian

Chinese vessels near Senkaku Islands for record 158 days

Nhina's Coast Guard ships have been in the waters surrounding Japanese-controlled islands in the East China Sea for a record 158 days, breaking the previous record established in 2021, reported CNN citing Tokyo's most recent count.

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2 dak  |
May 30, 2024