AdametNext

12/30/2022

Ending our year, with Movie, Laughter, Fun and Love ✨

06/01/2022

Happy to introduce Richa Vijayvargiya, who recently joined us as an Assistant Manager - Strategic CI. We wish you much success in your new role.

05/09/2022

We at AdametNext conducted appreciation awards for Q1 2022.

Congratulations to our whole team at AdametNext for their achievement.

05/02/2022

We have recently hired a few students from NIPER Mohali and also connected with management students to help them in career planning.

04/21/2022

We are delighted to share the achievement of Dr. Tushar Date, who has recently published a research article “Understanding the Role of Axial Ligands in Modulating the Biopharmaceutical Outcomes of Cisplatin (IV) Derivatives” in a prestigious journal called “Molecular Pharmaceutics with IF 4.939.”

01/26/2022

01/26/2022

Happy Republic Day

08/20/2019

The magnitude of slowdown in automobiles sales is worrying. Never since the turn of the millennium have things gone awry to this extent for the industry, though there have been sustained periods of lull before (Chart 1). Contraction of 19 per cent in auto sales in July 2019 was the worst since April 2001.

While the gloom in passenger vehicles started early, commercial vehicles sales, an important indicator of economic activity have now followed (Chart 2). Overall recovery is not in sight if we look at vehicle registration at the user end. But two and three-wheelers seem to be doing better of late, as growth in their registrations in June was better than that in the April-June quarter (Chart 3).

Corporates sales data is also reflecting the problem. However, auto ancillaries are still in a better shape, courtesy a bigger share of exports in their sales matrix (Chart 4). However, the same cannot be said for profits.

Goenka said job losses could be more in the suppliers and dealer fraternity. “I am more concerned over suppliers and dealers, and less about OEMs and that is only because OEMs have an ability to withstand a slowdown longer than the suppliers,” he said.

08/02/2019