Tag Archives: Bets

Truebil bets big on used-car market growth, looks to grow 5x this year

Mumbaikars do not like black cars, but those, especially burly SUVs, sell like hot cakes in Delhi. Likewise, cars from South Mumbai find few takers, thanks to multiple stories about rust eating into the vehicles because of the area’s close proximity to the sea. These are few of the crucial analytical tools used by online marketplace Truebil.com, which sells used ... Read More »

Tata Motors bets big on used car business

Used car business next big bet of Tata Motors Tata Motors is planning to scale up its used car business this year replicating the strategy of Maruti Suzuki and Mahindra & Mahindra’s pre-owned business, but will not have a separate chain for the segment. The company is running a pilot programme in several locations and is in the process of identifying markets where pre-owned cars ... Read More »

Jai Bala Bets On Sharp Rise of Rupee Against Euro

Jai Bala of 1857 Advisors is “very bullish” about rupee vs euro. The sharp movement of the rupee against the US dollar this year has kept many traders on tenterhooks. But here is something that could make foreign exchange traders even more jumpy: The rupee could rally to 61 against the euro from current level of around 74, says Jai ... Read More »