JBM Auto Ltd.

JBM Auto''s Q1 profit after tax grew 16% to Rs 42.43 Cr. Net sales rose 15%. EV business revenue surged, securing a Rs 750 Cr investment. Debt reduced by Rs 500 Cr.

JBM Electric Vehicles signs pact to supply 500 advanced e-buses to Drivn, an e-commercial vehicle leasing platform, boosting India''s e-mobility transition.

India''s automotive sector saw $717M in deals in Q2 2026, its lowest volume in 3 years, per Grant Thornton Bharat. Investment focused on EVs, mobility tech, and M&A.

Motilal Oswal Alternates invests ₹750 crore in JBM Ecolife Mobility to deploy 2,000 electric buses, boosting India''s sustainable public transit infrastructure.

EV stocks surge after PM Modi advocates for increased EV use to conserve foreign exchange amid West Asia crisis. Ather Energy leads gains.

Maruti Suzuki predicts strong growth for the premium hatchback segment in India, with Baleno leading sales. Despite SUV dominance, hatchbacks will hold 35% market share.

Union Minister Piyush Goyal launched a new Skill Centre in North Mumbai, promising support for job-seekers and connecting youth with vital employment opportunities.

The NCLT has ordered a status quo on the sale of Byju's K3 Education assets, citing concerns over a significant valuation discrepancy and ownership claims.

Check the closing bullion rates for gold (22 Kt & 24 Kt) and silver in Bengaluru on Saturday, September 5. Get the latest prices here.

Adani Defence signs a 5-year pact with Indo-Russian Rifles to supply 7.62x39mm ammunition for indigenously produced AK-203 rifles, boosting India's self-reliance.

Maruti Suzuki predicts strong growth for the premium hatchback segment in India, with Baleno leading sales. Despite SUV dominance, hatchbacks will hold 35% market share.

Union Minister Piyush Goyal launched a new Skill Centre in North Mumbai, promising support for job-seekers and connecting youth with vital employment opportunities.

Cyrix Healthcare, backed by Somerset, acquires Blue Star E&E's Medtech Solutions to boost medical imaging capabilities and expand its total MedTech management platform.

Tata Motors-owned Jaguar Land Rover announces a voluntary redundancy program, potentially cutting 4,000 jobs to save £1.7bn amid global market shifts and revenue decline.

Punjab Cabinet greenlights three foodgrain policies for Kharif 2026-27, ensuring smooth procurement. Also approves new healthcare posts and amendments to service regulations.