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MEIL to pump in Rs 40,000 crore capex in 3 years, eyes Rs 2 lakh crore topline in 5 yearsMegha Engineering & Infrastructures Limited (MEIL) Group is set to invest up to Rs 40,000 crore in capital expenditure over the next two to...
Auto companies stick to fast lane in pay hikes, tooExpect substantial salary increases in India's auto sector, with average hikes projected at 10.3% in 2026, surpassing the general corporate...
Maruti Suzuki's Kharkhoda facility inaugurated by PM Modi, Japanese PM Sanae TakaichiPrime Minister Narendra Modi and Japanese counterpart Sanae Takaichi virtually inaugurated Maruti Suzuki's advanced fourth manufacturing fa...
Cows, cars and courts: Indra Nooyi calls India 'chaotic' in comparison with China, but says it's like a drug, you get addictedFormer PepsiCo chief Indra Nooyi described India as a "chaotic country," contrasting its vibrant disorder with China's homogeneity. She exp...
Electric vehicle sales gain speed as costlier fuel and better infrastructure drive adoptionElectric vehicle sales are accelerating, with e-cars more than doubling registrations in June and the June quarter seeing an 89% surge. Thi...
Growth engine revving as GST, auto sales rise despite global roadblocksIndia's economy shows robust growth in Q1 FY27, with GST collections soaring 13.9% to Rs 1.95 lakh crore in June. Car sales surged 24%, and...
Volkswagen cuts are 'wake-up call' for European industry, BYD advisor saysVolkswagen's aggressive cost-cutting measures are a stark warning to Europe's auto sector, according to BYD's European advisor. Alfredo Alt...
Hyundai Motor India posts June sales of 51,335 units despite supplier fire disruptionHyundai Motor India achieved total sales of 51,335 units in June 2026, despite a significant production disruption. A fire at a supplier's ...
Japan plans sovereign AI model, 10 million AI robotsJapan plans to develop a homegrown artificial intelligence model and have 10 million AI-equipped robots operating in more than a dozen sect...
Chinese tech manufacturers rush to list in Hong Kong, seeking nearly $6 billionThe biggest of the five offerings is Shenzhen-listed Apple supplier Luxshare Precision Industry, looking to raise up to HK$24.27 billion ...
Used-car market enters new era: Why more Indians are choosing used cars despite rising incomesIndia's used car market is booming, projected to hit $70 billion by FY31 as buyers increasingly choose pre-owned vehicles for value and sma...
India's industrial output quickens to 5.1% in May from 4.9% in April as manufacturing, electricity drive growthIndia's industrial production surged by 5.1% in May 2026, largely propelled by strong manufacturing activity despite a decrease in mining o...
Of service to the State: Bengal should prioritise high-skill services, sidestep constraints that make manufacturing difficultWest Bengal's new budget prioritizes job creation, but the path through manufacturing faces significant hurdles like fragmented land and in...
In May, every 10th new car sold in Europe was ChineseChinese car brands have captured over 11% of the European new car market for the first time, driven by hybrid and plug-in hybrid models off...
J-K's popular Gulmarg Cable Car reopens after month-long shutdownJammu and Kashmir Chief Minister Omar Abdullah has reopened the popular Gulmarg Cable Car project after a month-long closure due to a techn...
Skoda Auto and its Mumbai dealer ordered to pay Rs 3.25 lakh compensation after 58 days repair delay on five-month-old carA Mumbai lawyer's brand-new Skoda Superb refused to start just five months after purchase. The car spent 58 days at the service centre whil...
Porsche CEO aims to finalise new cost-cutting package by JulyPorsche's CEO anticipates a swift resolution to cost-cutting talks, aiming for employee agreement before July holidays to provide clarity. ...