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EXPANSION IN EV MARKET
Domestic car sales surge in June on tax cuts, lower interest rates & strong demandIndian car sales surged over 24% in June, marking a strong third consecutive month of double-digit growth. This boom, fueled by tax cuts an...
E2W sales climb 19% in June to 1.81 lakh unitsOverall, June EV sales grew 75.27% year-on-year (YoY) to around 1.86 lakh units from 1.06 lakh units in the same period last year. TVS Moto...
Hero MotoCorp to invest Rs 3,200 cr in 3-5 years in Andhra Pradesh on capacity expansion, new global parts centreHero MotoCorp is set to invest Rs 3,200 crore in Andhra Pradesh over the next three to five years, significantly expanding its operations. ...
CarTrade Tech shares rocket 6% as Nomura raises target price. Here are 3 reasons whyCarTrade Tech shares rose after Nomura reiterated its 'Buy' rating and raised its target price, citing stronger growth prospects for OLX. T...
KKR in talks with JSW to drive in MG Motors JV with $400 mn investmentA combination of primary infusion and secondary share sale is planned as valuation doubles to $3 billion in 3 years. Sajjan Jindal led grou...
MSC-Adani deal: Vizhinjam port can generate Rs 1,410 crore EBITDA, says Axis CapitalAxis Capital expects Vizhinjam port to become a major earnings driver for Adani Ports & SEZ, estimating it could generate around Rs 1,410 c...
HDFC Bank valuations attractive, banking sector ready for next growth phase: Sandip SabharwalMarket expert Sandip Sabharwal sees private banks entering a robust phase driven by accelerating credit growth and easing margin pressures....
Delhi EV Policy 2026: New measures get Cabinet nod, govt to invest Rs 15,000 crore to boost green mobility; here's all you should knowDelhi EV Policy 2026: Delhi's Cabinet has greenlit an electric vehicle policy, set to launch by July 1, with a substantial Rs 15,000 crore ...
India's electric car sales set to cross 3 lakh units for first time in 2026: ReportIndia's electric passenger vehicle market is poised for a significant leap, projected to surpass 3 lakh annual sales in 2026. This surge is...
Persistent Systems shares slide 10% after Nagarro deal; Elara retains 'Sell' on growth, margin worriesPersistent Systems' shares dropped significantly following its announcement to acquire German digital engineering firm Nagarro for approxim...
India Inc's green transition triggers hiring surgeAs organisations step up their sustainability efforts, demand is also growing for senior leadership talent, including business heads for re...
Auto ancillary sector revenue grew 12.5% in FY26 on volume gains and improved product mix: ReportIndian auto ancillaries witnessed robust revenue growth of 12.5% in FY26, driven by strong volumes and a better product mix. While EBITDA a...
Persistent's Nagarro deal could be a near-term pain for long-term gainPersistent Systems is acquiring Nagarro SE for $1.3 billion, aiming for European expansion and reduced US market reliance. While strategica...
Tata Motors shares jump 5% on strong growth guidance. What are Nomura, other brokerages saying?Tata Motors shares rose after outlining strong growth targets, including margin expansion and cash flow improvement. Brokerages remain divi...
Tata Motors to invest up to Rs 40,000 crore by FY31Tata Motors is set to invest up to Rs 40,000 crore over five years, aiming to nearly double its passenger vehicle capacity and introduce ne...
Tata Motors PV eyes over Rs 6 lakh crore revenue by FY31Tata Motors Passenger Vehicles is projecting a significant revenue surge, aiming to surpass Rs 6 lakh crore by fiscal year 2031 with a 10% ...
Maruti Suzuki, M&M & Tata Motors eye UK fast lane under trade pactIndian carmakers are set to boost their electric vehicle exports to the UK following a new trade agreement. This pact allows duty-free ship...