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AUTOMOBILE INDUSTRY
India’s passenger vehicle sales grow 12.4% to record 5.19 lakh units in October: SIAMIn October 2026, the domestic vehicle market witnessed unprecedented growth, with passenger vehicle sales hitting 5,19,060 units, a record-...- India's PLI schemes meet 76% investment target but create just 28% of promised jobsDespite significant investments under the production-linked incentive scheme, India is falling short of its job creation ambitions. With 76...
- S Naren-managed ICICI Prudential Contra Fund unveils first portfolio since NFO; 34 stocks held, HDFC Bank top betICICI Prudential Mutual Fund has unveiled the initial portfolio for its contrarian investment strategy fund, directed by S Naren. The ICICI...
- Hindalco bets on value-added products for earnings growth, stock re-ratingHindalco reported record revenue and profit in the latest quarter amid increasing metal prices and improved Novelis performance. The compan...
- ET Prime Special Series: Multibagger or IBC – Part 84: Can rising demand for decorative features drive this auto ancillary's growth?A car can change its engine and still look almost the same. It can also keep the same engine and look so different that buyers happily pay ...
- India well on track to achieve $1 trillion exports target for FY27: Piyush GoyalCommerce Minister Piyush Goyal said India is on track to achieve its $1 trillion goods and services export target in FY27, having already r...
- PHD Chamber seeks capital gains tax rationalisation, doing away with BCD on feedstockThe PHD Chamber of Commerce and Industry has urged the government to abolish long-term capital gains tax on equity investments, cut short-t...
- Jefferies sees largecaps benefiting from FPI revival; Reliance, HDFC Bank, Axis Bank among potential beneficiariesJefferies expects largecap stocks to benefit more directly from a potential revival in foreign portfolio investor (FPI) flows into Indian e...
- DPIIT seeks Fillip for local mfg of 100 goods in budgetDPIIT has examined 500 heavily imported products to identify opportunities for boosting domestic manufacturing. The department plans to sha...
- Piyush Goyal meets Skoda Auto Volkswagen India CEO; talks focus on EV push, exportsCommerce Minister Piyush Goyal met a delegation led by Škoda Auto Volkswagen India CEO Piyush Arora to discuss expanding automobile exports...
- M&M bets on SUV growth, EV expansion and global aerospace orders to drive earningsMahindra & Mahindra has unveiled impressive revenue and profit figures, driven largely by the rising popularity of SUVs and electric vehicl...
- OP Mobility plans five new plants in India over next five years, commits ₹3,180 crore investmentFrench auto parts maker OP Mobility aims to open one manufacturing plant in India annually for five years. The company currently operates s...
- Piyush Goyal to visit Egypt with big business delegation; India eyes trade, investment partnershipsCommerce Minister Piyush Goyal will visit Egypt next week with a large business delegation to explore investment and collaboration in secto...
- Vehicle registrations fall 24% in October on high baseRegistrations of vehicles in October experienced a significant decline compared to the previous year's records. This drop was largely due t...
- Nitin Gadkari says new Toyota Innova to be launched on November 26, running cost to be just Rs 25 per literUnion Minister Nitin Gadkari has announced that Toyota will launch a new bioethanol-powered Innova in India on November 26. The vehicle wil...
- Auto sales to maintain momentum, driven by GST relief, EVs : SIAMThe Indian automotive industry is expected to sustain growth momentum in the second half of the fiscal year. Key factors include improved a...
- Jai Balaji Group plans Rs 6000 crore investment in West Bengal for steel and renewable energy sectorsJai Balaji Group has announced an investment proposal of around Rs 6,000 crore in West Bengal. This investment focuses on specialized steel...
- Auto sales growth to cool post-festive season, says Monarch; bets on Minda Corp, RK Forgings and Sundram FastenersAuto sales growth is expected to moderate in the second half of FY27 after strong festive demand, while tractor sales may remain weak. Mona...
- Time to pick the right business, hold it longer: 5 stocks from the auto ancillary space with upside potential of up to 20%In times of uncertainty in the market, investors should look for sectors where there is some underlying transformation taking place that is...
- Karnataka risks losing auto, EV testing centres as Mandya politics stalls projectKarnataka risks losing proposed automobile and electric vehicle testing centres in Mandya due to political tensions. HD Kumaraswamy advocat...
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