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AUTOMOTIVE INDUSTRY CONSOLIDATION
China's car glut has long flooded the world. Now comes the cleanupChina's auto industry faces a major reset as production exceeds domestic demand significantly. Toyota's planned joint venture consolidation...- Volkswagen overhaul puts Seat’s future at risk as Chinese rivals reshape global auto industryVolkswagen's strategic overhaul may lead to the discontinuation of its Seat brand. This move signals significant industry consolidation ami...
- China may have found a way to tackle glut in car marketTwo state-owned cos, which make Toyota models, plan to combine ops in a sign that car sector is headed for consolidation.
- Paint makers expect healthy FY27 demand amid price hikes; competition intensity remains highLeading paint firms foresee sustained double-digit growth through the festive season. Companies are implementing price increases to manage ...
- ET Prime Special Series: Multibagger or IBC - Part 73: The customer pays slowly. The machines depreciate slowly tooThe title of this series sounds binary. The businesses rarely are. Between a multibagger and bankruptcy lies a large middle ground where co...
- Vedanta Aluminium at earnings inflection point? Here's why Motilal Oswal sees 21% upsideMotilal Oswal has reiterated its Buy rating on Vedanta Aluminium Metal with a target price of Rs 540, implying 21% upside. The brokerage ex...
- ET Prime Special Series: Multibagger or IBC - Part 72: Its profit finally came from the factory. The question is about durabilityThe largest single liability on this automobile supplier's balance sheet is not a bank loan. It is a lease, tied to an entity controlled by...
- Blue Dart sets sights on bigger e-commerce slice with cross-border delivery pushBlue Dart Express plans a new international cross-border ecommerce delivery product. This initiative aims to capture a larger share of Indi...
- Jindal Stainless investing Rs 900 crore to increase cold rolling capacity to 2.67 MT by FY28: MDJindal Stainless plans a Rs 900 crore investment to expand its cold rolling capacity. This expansion will support rising demand from key in...
- New-age firms' listing gains fade fast; IT deal renewal in focusHappy Thursday! Some of the best-received new-age IPOs are now trading below their issue price, ET analysis shows. This and more in today’s...
- JSW Dulux’s profit from retained business doubles on year in June quarterJSW Dulux's retained business profit more than doubled year-on-year in the June quarter. Volume growth of twenty-five percent significantly...
- Lumax Auto Technologies shares rally 19% after Q1 earningsLumax Auto Technologies shares surged after Q1 profit jumped 83% YoY to Rs 99 crore, while revenue grew 33% to Rs 1,364 crore. EBITDA rose ...
- Ola Electric Q1 Results: Loss narrows to Rs 336 crore; revenue falls 45% YoYOla Electric reported a narrower Q1 loss of Rs 336 crore as deliveries nearly doubled sequentially and revenue rebounded 72% from Q4. Impro...
- Samvardhana Motherson shares rally over 7% after Q1 earnings; Motilal Oswal, Nomura weigh inSamvardhana Motherson International shares surged after the company posted record Q1 FY27 revenue of ₹35,244 crore (up 17% YoY) and a 70.1%...
- Berger Q1 net profit jumps 29% as decorative paints drive growthIn the June quarter, Berger Paints India experienced a remarkable increase in profits, with its decorative paints segment marking its best ...
- India Inc goes on a global shopping spree with a new wishlistIndian companies are increasingly pursuing strategic overseas acquisitions. They now focus on acquiring capabilities and technology rather ...
- Dividend alert! Last day to buy Vedanta Aluminium, Hyundai Motor among 25 stocks for dividend payout worth Rs 430As per Sebi's T+1 settlement cycle, investors must buy a company's shares at least one trading day before the record date to ensure the sha...
- Kansai Nerolac Q1 profit rises 5%; approves Rs 601 crore capacity expansionPaintmaker cites healthy demand despite geopolitical disruptions; expects festive season to support growth.
- AI now bringing us customers we would never have won otherwise: M&M's Anish ShahMahindra & Mahindra is now acquiring new customers and generating revenue through artificial intelligence. AI helps compress engineering ti...
- Syrma SGS plans JV with Kaga Electronics; Q1 net profit doublesThe two companies formed the joint venture in June to set up an advanced EMS manufacturing facility at Syrma's existing plant in Haryana, M...
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