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CARMAKERS ABSORB COMMODITY COSTS
Carmakers partly absorb commodity shocks to keep production on trackIndian carmakers are absorbing rising commodity costs to sustain production levels. Demand for vehicles remains robust, driving sales growt...- Career warning for Gen Z: How IT industry's AI obsession will create a purchasing power crisis, Zoho's Sridhar Vembu explainsZoho co-founder and Chief Scientist Sridhar Vembu has warned that the IT industry's growing focus on AI is reducing new hiring, as companie...
- Indian companies build inventories amid rising commodity prices, supply chain risks: ReportIndian companies are accelerating inventory build-up to meet strong domestic demand. This strategy also prepares them for potential commodi...
- Maruti Suzuki Q1 profit drops 11% to Rs 3,352 crore amid rising input costsMaruti Suzuki reported an eleven percent profit decline in the June quarter. Rising input costs, aggravated by West Asia hostilities, impac...
- Maruti Suzuki bets big on alternative fuel with Rs 561 crore CBG push; sees margin recovery aheadMaruti Suzuki India is investing ₹561 crore in four compressed biogas manufacturing projects. Higher raw material costs, aggravated by glob...
- Maruti Suzuki Q1 profit drops 11% YoY to Rs 3,352 crore on higher input costsMaruti Suzuki reported an 11% year-on-year decline in Q1 consolidated net profit to Rs 3,352 crore, missing estimates as higher input costs...
- Mahindra Q1 net profit rises 34%, standalone earnings beat estimatesMahindra & Mahindra announced a thirty-four percent profit increase for the fiscal first quarter. Robust demand for sport utility vehicles ...
- Can chalk replace air conditioning? France is putting the idea to the testFrance is experiencing a surge in demand for crushed chalk as a cooling solution. This traditional cleaning powder is applied to windows, r...
- IndiGo's Rahul Bhatia urges govt to cut taxes, airport charges to lower airfaresIndiGo's managing director seeks tax and airport charge rationalization for lower airfares. He argues that reduced costs will unlock massiv...
- Ambuja Cements Q1 net profit down 37% as sales volume slipsAmbuja Cements reported a profit drop, impacted by lower sales volume and higher costs. The company will now prioritize value over sales vo...
- Maruti Q1 Results Preview: What could lead to a profit decline for India's largest carmaker?Maruti Suzuki is expected to post strong Q1FY27 revenue growth of 31% YoY, driven by robust volumes and better realisations. However, the a...
- India's energy security at risk from Hormuz-Red Sea double squeeze, says CareEdge RatingsIndia faces significant energy security risks from chokepoint disruptions. A dual closure could push Brent crude prices to $130-135 per bar...
- BMW aims to cut 8,000 jobs by end 2027, source saysBMW plans voluntary redundancy for nearly half its German workforce. This move aims to reduce approximately eight thousand jobs by the end ...
- Tea, TVs, cars and apparel to get costlier in August as West Asia conflict fuels fresh price hikesConsumer goods makers will raise prices in August for the third time this year. Volatile raw material prices and higher freight rates are d...
- Hindustan Unilever signals more price hikes as commodity inflation bites, shares tumble 7%Hindustan Unilever plans further price increases to combat persistent commodity inflation. The company reported a profit decline while reve...
- Samsung bets on new wearable form factors, says it will absorb rising costs to keep premium devices accessibleSamsung is exploring new wearable devices like smart glasses and rings. The company is absorbing rising component costs instead of passing ...
- Samsung foldables now account for over 20% of flagship sales in India, says Southwest Asia CEOSamsung's foldable phones now represent over twenty percent of flagship sales in India. The company anticipates further growth as consumers...
- Porsche to cut another 5,000 jobsPorsche will eliminate another five thousand jobs by the year 2035. This decision follows previous job cuts and is part of restructuring me...
- Premium car buyers drive EV, hybrid shift as high-margin segment goes electricElectrified vehicles are now nearly half of new premium car registrations. This significant shift reflects changing buyer preferences in In...
- Rs 30,000 hike: Why Maruti Suzuki had to make cars costlier for youMaruti Suzuki said it was forced to raise car prices by up to ₹30,000 after the West Asia crisis pushed up input costs, despite delaying in...
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