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Govt support in GST cut to aid entire passenger vehicle industry: Tata Motors

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Any kind of support from the government in terms of GST reduction would help the passenger vehicle segment immensely as it would negate some of the price increase in vehicle prices due to the shift to stricter BS-VI emission norms, according to a top Tata Motors executive. In an interview with PTI, Tata Motors President, Passenger Vehicles Business Unit, Shailesh Chandra said the reduction in vehicle prices would even help end customers who have been facing various pressures owing to the current state of the economy.

Govt support in GST cut to aid entire passenger vehicle industry: Tata Motors

Market Movers

CompanyPriceChange%Gain
Maruti Suzuki7,432.70 167.30 2.30
Titan Company1,782.55 25.55 1.45
Bajaj Finserv12,282.25 150.60 1.24
ONGC123.35 1.30 1.07
M&M781.95 6.75 0.87
CompanyPriceChange%Gain
Maruti Suzuki7,432.95 169.20 2.33
Titan Company1,783.00 26.20 1.49
Bajaj Finserv12,280.80 147.75 1.22
M&M781.90 6.50 0.84
UltraTechCement6,903.70 47.20 0.69
CompanyPriceChange%Gain
Maruti Suzuki7,432.70 167.30
Titan Company1,782.55 25.55
Bajaj Finserv12,282.25 150.60
ONGC123.35 1.30
M&M781.95 6.75
CompanyPriceChange%Gain
Maruti Suzuki7,432.95 169.20
Titan Company1,783.00 26.20
Bajaj Finserv12,280.80 147.75
M&M781.90 6.50
UltraTechCement6,903.70 47.20

Currency

CompanyPriceChng%Chng
Dollar-Rupee74.2700-0.0950-0.13
Euro-Rupee88.5440-0.1910-0.22
Pound-Rupee103.5270-0.1410-0.14
Rupee-100 Yen0.6700-0.0020-0.29