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AUTOMOBILE INDUSTRY
Carnival Time! Auto cos on a roll as demand stays strongIndian auto sales experienced robust double-digit growth in May, with passenger vehicles up 27% and two-wheelers by 31%. This surge, driven...- What Maruti-Suzuki can teach India-JapanThe Maruti-Suzuki collaboration brought global manufacturing to India, democratising transportation and boosting the middle class. This par...
- India, Slovakia upgrade ties to comprehensive partnership; ink 11 pactsThe two leaders also agreed to work towards the "earliest" implementation of the India-European Union free trade agreement that is expected...
- India passenger vehicle sales rise 27.3% in May to 438,854 units: SIAMIn an exhilarating turn of events, the Indian automobile market experienced an extraordinary spike in sales last month, setting new records...
- HDFC Defence Fund adds Tata Motors, reduces exposure in MTAR Technologies and 1 other in MayHDFC Defence Fund added Tata Motors to its portfolio in May while trimming holdings in MTAR Technologies and Rishabh Instruments. The fund ...
- GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...
- EV demand surges in India as fuel prices rise; Maruti, Mercedes-Benz face delivery delaysElectric car demand is surging across India. Manufacturers are unable to meet this sudden rise, causing wait times of up to three months fo...
- Quote of the day by Henry Ford: 'Quality means doing it right when...' Life lessons on hard work, success and human nature by revolutionary American industrialistQuote of the Day by Henry Ford highlights the importance of responsibility, hard work, honesty, and personal standards. Henry Ford believed...
- Elon Musk's net worth crosses $980 billion as blockbuster SpaceX IPO price set at $135SpaceX's IPO has been priced at $135 per share, valuing the company at around $1.8 trillion and adding an estimated $188 billion to Elon Mu...
- India raises price cap on cancer drugs to tackle shortageIndia's drug price regulator has increased the ceiling prices of cancer drugs cisplatin and carboplatin by 50% to tackle shortages caused b...
- PM Modi-led govt's 12 years in power are 'transformational for industry': Maruti Suzuki chairmanMaruti Suzuki Chairman R C Bhargava lauded Prime Minister Narendra Modi's economic policies. He stated these policies have transformed Indi...
- Mahindra's SUV output dips up to 15% in June amid supply chain worker crunch; XUV 7XO, Thar production hitMahindra & Mahindra is experiencing a significant drop in SUV production. A shortage of contract workers is affecting key parts suppliers. ...
- Bringing back Tata top priority for Bengal's BJP govt, says Industry Minister Tapas RoyWest Bengal's new Industry Minister Tapas Roy has prioritized bringing back Tata Motors to the state, aiming to signal a pro-industry envir...
- Goldman Sachs buys CMR Green Technologies shares on listing day after strong debutGoldman Sachs India Equity Portfolio bought shares worth Rs 49.82 crore in CMR Green Technologies on its listing day, which saw a 43% premi...
- India-based entities among firms targeted in EU's proposed 21st Russia sanctions packageThe European Union is proposing new sanctions against Russia. These measures could affect companies in India and other nations. The EU aims...
- China's domestic car demand under pressure, association exec saysChina's car market faces a tough year. Domestic demand has fallen significantly. This trend is expected to continue until 2026. The automot...
- CMR Green shares make strong D-Street debut, list at 43% premium over IPO priceCMR Green Technologies made a strong debut on the stock market, with shares listing at a 43% premium on the BSE and 40% on the NSE. The com...
- Vehicle retail sales jump 10% in May to 2.53 million units on rural demandVehicle sales saw a 10% jump in May, fueled by robust rural demand for cars and trucks. Passenger vehicle registrations surged in rural are...
- India's EV penetration crosses 11% for first time as auto retail sales hit record in MayIndia's auto sales reached a record in May, growing 9.55 percent. Electric vehicle penetration surpassed 11 percent for the first time. Dea...
- Kiwi targets Rs 5,000 crore premium book with AI-led insurance modelA new general insurance company, Kiwi General Insurance, is set to launch in India. Backed by WestBridge Capital and Neelesh Garg, it plans...
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