Uno Minda has acquired the remaining 49.9% stake in its joint venture firm UnoMinda EV Systems from partner FRIWO Geratebau GmbH for Rs 195 crore, strengthening its position in the Indian EV market.

Minda Corporation's net profit jumped 25% YoY to Rs 65 crore in Q3 FY25, driven by strong revenue growth. The company also declared an interim dividend.

Uno Minda's Q3 PAT jumped 21% to Rs 233 crore, driven by revenue growth and expansion plans. The auto component maker also announced a Rs 72 crore investment for its Hosur facility.

India's Finance Minister Nirmala Sitharaman has announced duty exemptions on capital goods used in lithium-ion battery production, aiming to boost domestic manufacturing of EV and mobile phone...

18 companies, including Voltas, Lumax, and UNO Minda, have been selected for the PLI scheme for white goods, with a committed investment of Rs 2,299 crore. The scheme aims to boost domestic...

India's Heavy Industries Ministry has ordered an investigation into Ola Electric's sales figures discrepancies and consumer complaints. ARAI will submit a report within 15 days.

Gold prices in India dropped Rs 300 on Thursday, ending a three-day rally, as global precious metal rates declined. Silver also fell significantly. Read more.

Malabar Gold & Diamonds will open 12 new showrooms across India in FY25, investing Rs 600 crore. The expansion will increase its showroom count to 391 across 13 countries.

New India Assurance received a Rs 124.98 crore demand notice from the Income Tax Department for disallowing payments made to auto dealers. The company plans to appeal the order.

Accenture reports USD 16.7 billion in revenue for Q2, a 5% increase year-on-year. The company narrows its full-year revenue growth outlook to 5-7%.

India's Heavy Industries Ministry has ordered an investigation into Ola Electric's sales figures discrepancies and consumer complaints. ARAI will submit a report within 15 days.

Gold prices in India dropped Rs 300 on Thursday, ending a three-day rally, as global precious metal rates declined. Silver also fell significantly. Read more.

Delhi Airport's Terminal 1 (T1) will be fully operational from April 15, while Terminal 2 (T2) will be temporarily shut for refurbishment. All flights from T2 will shift to T1.

Malabar Gold & Diamonds will open 12 new showrooms across India in FY25, investing Rs 600 crore. The expansion will increase its showroom count to 391 across 13 countries.

New India Assurance received a Rs 124.98 crore demand notice from the Income Tax Department for disallowing payments made to auto dealers. The company plans to appeal the order.