BS-III ban to shave Rs 600 cr off two-wheeler makers margins

April 03, 2017 16:41

The two-wheeler industry would have lost Rs 600 crore due to the discount sales and incentives offered to meet the apex court ban on selling BS- III models from the new financial year, says a report.

The impact is comparatively low as many of the companies like Bajaj Auto, Yamaha and Eicher had already upgraded to BS-IV from January 2017, while market leader Hero MotoCorp, and the No 2 Honda and also TVS Motors have upgraded most of their model before the ban set in, says a Crisil report on the impact on the Supreme Court ban.

« Back to LIVE

TOP STORIES

Above-normal monsoon likely to ease food prices: FinMin

With the prediction of an above normal monsoon in 2024, the government is expecting food prices to come down, the finance ministry's monthly economic report for March has said. The report, released on Thursday, said robust foreign...

RCB Vs SRH: Who Took The Best Catch? Vote!

Karn Sharma took a sharp catch off his own bowling to send back Abdul Samad.

Shehnaaz Gill's Surefire Dieting Tip

She guarantees that it will help keep food cravings in check as you focus on your dieting goal.

Deloitte pegs India's FY25 GDP growth at 6.6%

Deloitte India on Friday said it estimates India's GDP growth at 6.6 per cent in the current fiscal helped by consumption expenditure, exports rebound and capital flows. In its India's economic outlook report, Deloitte said the rapid...

No Place For Kohli In This 2024 Side!

No Shubhman Gill or Hardik Pandya either in Sanjay Manjrekar's T20 World Cup team.