Search result for 'automobile'

Toyota to Build New EV Plant in Maharashtra

October 7, 2024 14:41

Toyota Kirloskar Motor has been allotted 827 acres in Maharashtra to build a new manufacturing facility for electric and hybrid cars. The plant will create thousands of jobs and is expected to...

India Auto Sales Dip 9% in Sept: FADA Urges OEMs to Act

October 7, 2024 11:50

India's auto retail sales fell 9% in Sept due to high inventory. FADA calls on OEMs to take corrective action as passenger vehicle inventory reaches record levels.

Exicom Acquires Tritium for Rs 310 Cr: EV Charging Boost

October 6, 2024 18:25

Exicom, an Indian EV charging solutions firm, has acquired US-based Tritium for USD 37 million, expanding its global reach and EV charging capabilities. The acquisition includes Tritium's workforce...

Kia India to Launch Mass Market EV in 2024

October 3, 2024 16:20

Kia India plans to introduce its first mass market electric vehicle in 2024, aiming for 4 lakh annual sales by 2030. The company also introduced the EV9 electric SUV priced at Rs 1.3 crore.

Pritika Auto Secures Rs 30 Cr Tractor Parts Order

October 3, 2024 16:15

Pritika Auto Industries, a leading tractor components maker, has secured an order worth Rs 30 crore per annum from prominent tractor manufacturers in India. The order involves the supply of new...

NMDC Raises Iron Ore Prices by Rs 400/tonne

October 1, 2024 18:19

India's largest iron ore miner, NMDC, has increased lump ore and fines prices by Rs 400 per tonne, effective immediately. The price hike aligns with rising global iron ore prices following China's...

India Launches Dumping Probe on Chinese Imports

October 1, 2024 17:16

India initiates anti-dumping investigation on six products from China, including chemicals, steel, and toner cartridges, due to alleged injury to domestic industries.

Reliance Gas Price Hiked to $10.16, CNG Rates Unchanged

September 30, 2024 19:10

India's government raised the price of natural gas produced by Reliance Industries to $10.16 per mmBtu, but CNG and piped cooking gas prices remain unchanged due to a price cap. Learn more about...

TASL Signs Deal for Wheeled Armored Platform in Morocco

September 30, 2024 17:31

Tata Advanced Systems Limited (TASL) partners with Morocco's Royal Armed Forces to produce wheeled armored platforms in Casablanca, marking a significant step in the country's defense industry...

British Deputy High Commissioner Meets MP CM, Discusses Trade

September 30, 2024 16:29

British Deputy High Commissioner Harjinder Kang met MP CM Mohan Yadav to discuss boosting exports and investment between Madhya Pradesh and Britain. Kang was invited to the Invest Madhya Pradesh...

India-Uzbekistan Bilateral Investment Treaty Signed

September 27, 2024 16:13

India and Uzbekistan have signed a Bilateral Investment Treaty (BIT) in Tashkent, aimed at boosting investor confidence and enhancing economic cooperation between the two nations.

Govt to Launch New PLI Scheme for Speciality Steel

September 27, 2024 12:05

India's government plans to introduce a new PLI scheme for speciality steel after the initial scheme fell short of expectations. The initiative aims to boost domestic production and cater to...

India's GDP to Grow 6.5-7% in FY25: FinMin Report

September 26, 2024 18:15

India's economy is projected to achieve a 6.5-7% GDP growth in FY25, driven by strong macroeconomic indicators, according to a Finance Ministry report.

Rubber Price Surge Impacts Tyre Makers: CRISIL

September 26, 2024 14:53

CRISIL warns of profit impact for tyre manufacturers due to inflated natural rubber prices, driven by supply constraints and rising demand. Prices are expected to stay high beyond 2025.

Alt Mobility Appoints Chief Growth Officer: Pankaj Gupta Joins EV Firm

September 26, 2024 14:13

Alt Mobility appoints Pankaj Gupta as Chief Growth Officer, focusing on retail leasing, passenger transport, and battery-as-a-service. Gupta brings extensive EV experience.

India's FDI to Reach $100 Billion Annually: DPIIT

September 25, 2024 16:23

India's FDI is expected to reach $100 billion per year, with the government streamlining approvals and promoting investment in key sectors. Learn more about the factors driving this growth.

Corporate Travel Market in India to Reach USD 20.8 Billion by FY30

September 24, 2024 18:11

India's corporate travel sector is projected to grow at a CAGR of 10.1% to USD 20.8 billion by FY30, driven by tech-enabled solutions, personalized experiences, and sustainability. Deloitte's...

India, EU Resume Trade Pact Talks: Focus on Sustainability

September 22, 2024 17:23

India and the EU will restart negotiations for a free trade agreement this week, focusing on sustainability concerns and trade barriers. The agreement aims to boost bilateral trade and investment.

Gas Market Reforms: Panel to End Monopolies

September 22, 2024 12:41

A committee led by former Sebi chief Ajay Tyagi will recommend measures to end monopolies in gas transmission and marketing, promoting competition in India's gas sector.

Rajasthan Investment Potential: CM Sharma's Promise to Investors

September 21, 2024 22:03

Rajasthan Chief Minister Bhajanlal Sharma highlights state's investment potential, promising support for investors. Focus on solar, wind, tourism, agriculture, and automobiles.

LIC Mutual Fund Launches New Manufacturing Fund, Targets Rs 60,000 Crore AUM

September 20, 2024 18:59

LIC Mutual Fund has launched a new Manufacturing Fund, an open-ended equity scheme, with a target AUM of Rs 60,000 crore by fiscal-end. The NFO is open till October 4 and the scheme aims to provide...

LIC Mutual Fund Launches New Manufacturing Fund

September 20, 2024 15:20

LIC Mutual Fund has launched a new open-ended equity scheme focused on the manufacturing sector, aiming to benefit from India's robust growth and the 'Make in India' initiative. The scheme will...

India Not 'Abuser' of Tariffs, Trump's Claims Unfair: GTRI

September 20, 2024 11:20

GTRI refutes former US President Donald Trump's claims that India is an 'abuser' of import tariffs, citing WTO data showing high US tariffs on various products. The think tank argues that Trump's...

India's Logistics Cost to Reach Single-Digit in 5 Years: Gadkari

September 19, 2024 13:41

Union Minister Nitin Gadkari predicts India's logistics cost will decline to single-digit within the next 5 years, citing infrastructure development. Read more.

Goodluck India Starts Hydraulic Tube Production in UP

September 19, 2024 12:39

Goodluck India has begun trial production of hydraulic tubes at its Sikandrabad facility in Uttar Pradesh, aiming to replace imports and cater to the construction, automotive, and industrial sectors.

Lumax Acquires Majority Stake in Greenfuel Energy Solutions

September 14, 2024 19:31

Lumax Auto Technologies acquires majority stake in Greenfuel Energy Solutions, entering the green and alternate fuels market. The acquisition aims to leverage the growth of CNG vehicles and drive...

India Extends Incentives for E-commerce Exports

September 13, 2024 20:13

India extends export incentives to e-commerce shipments via courier and postal routes. This move aims to boost e-commerce exports, which are expected to reach USD 200-300 billion by 2030.

Passenger Vehicle Sales Dip in August: SIAM Data

September 13, 2024 14:28

Passenger vehicle wholesales in India fell by 2% in August due to reduced dispatches by OEMs to manage inventory. Two-wheeler sales, however, saw a 9% rise.

GST ITC on Demo Cars: CBIC Clarifies Dealers Can Claim Credit

September 12, 2024 16:39

The CBIC has clarified that automobile dealers can claim input tax credit (ITC) on demo cars used for promoting sales, but not if used for personal purposes. Learn more about the latest GST rule.

EV Promotion Schemes: SIAM Welcomes Rs 14,335 Crore Govt Push

September 11, 2024 21:58

SIAM welcomes the government's Rs 14,335 crore EV promotion schemes, saying they will make clean and green transportation more accessible. The move is seen as a progressive step towards...

FADA Demands Safeguards for Auto Dealers, Calls for OEM Exit Prevention

September 11, 2024 17:09

FADA, representing 90% of India's auto retail, calls for legislation to prevent abrupt OEM exits, citing layoffs and customer harm. They also seek CMVR implementation and workshop reclassification.

Nitin Gadkari: Auto Industry Needs Focus on Customer Service, After-sales

September 11, 2024 15:51

Union Minister Nitin Gadkari stresses the importance of customer service, after-sales and quality assurance for the Indian auto industry, highlighting the sector's role in 'Make in India' and a...

Green Hydrogen: PM Modi Urges Action on Climate Change

September 11, 2024 13:26

Prime Minister Modi emphasizes the urgency of addressing climate change and highlights Green Hydrogen as a key solution. India's National Green Hydrogen Mission aims to make the country a global...

C S Vigneshwar Appointed FADA President for 2024-26

September 11, 2024 13:13

C S Vigneshwar, Managing Director of Anaamalais Toyota, has been appointed as the President of the Federation of Automobile Dealers Associations (FADA) for the 2024-26 period.

Auto Manufacturers Must Invest in R&D: CEA

September 10, 2024 19:41

CEA urges auto manufacturers to invest in R&D for a world-class industry, focus on global NCAP ratings and enhance public mobility.

India Insists on Strict 'Rules of Origin' in Auto Sector for UK Trade Deal

September 10, 2024 19:15

India is pushing for stringent 'Rules of Origin' in the auto sector as part of its free trade agreement (FTA) negotiations with the UK, ensuring a level playing field and protecting the domestic...

Tata Motors''s Shailesh Chandra Elected SIAM President

September 10, 2024 19:05

Tata Motors Passenger Vehicles Managing Director Shailesh Chandra has been elected as the new President of the Society of Indian Automobile Manufacturers (SIAM) for the 2024-25 term.

Vehicle Scrappage Policy Based on Pollution, Not Age: Govt Official

September 10, 2024 18:01

India's government is developing a vehicle scrappage policy focused on pollution levels rather than age, aiming for a trustworthy pollution testing system. The policy will consider scrapping...

Skoda Auto Plans Electric Vehicles in India: CEO Zellmer

September 10, 2024 15:30

Skoda Auto outlines its electrification plans for India, including mild hybrids, EVs, and models like the Enyaq and Elroq. The company aims to cater to customer preferences for different mobility...

India's EV Market to Reach 1 Crore Units by 2030: Gadkari

September 10, 2024 14:16

India's EV market is projected to reach 1 crore units in annual sales by 2030, creating 5 crore jobs, according to Union Minister Nitin Gadkari. He also highlighted the potential of the EV...

PM Modi Calls for Global Best Practices in Indian Auto Industry

September 10, 2024 11:44

PM Modi urged the Indian auto industry to adopt global best practices and focus on clean mobility, emphasizing the need for sustainable growth and a 'Viksit Bharat' by 2047.

Elon Musk First Trillionaire by 2027: Report

September 9, 2024 17:17

Report predicts Elon Musk will be the world's first trillionaire by 2027, followed by Gautam Adani in 2028 and Mukesh Ambani in 2033.

EVs Can Maintain Cost Without Subsidies: Gadkari

September 9, 2024 13:46

Nitin Gadkari says EVs can be cost-competitive without subsidies due to falling battery prices, but won't oppose incentives. He's confident India can become the world's top auto manufacturer.

Indian Auto Industry Crosses Rs 20 Lakh Cr, Contributes 14-15% GST

September 9, 2024 11:46

India's auto industry surpassed Rs 20 lakh crore in FY24, contributing 14-15% to total GST. SIAM President highlights industry's growth and future plans.

Hyundai EXTER Gets Two New Variants: S(O)+ & S+

September 6, 2024 17:24

Hyundai Motor India adds two new variants to its EXTER SUV lineup: S(O)+ with manual transmission and S+ with AMT. Features include a sunroof, digital cluster, and infotainment system.

India to Produce Carbon Fibre by 2025-26: Giriraj Singh

September 6, 2024 16:07

India's Union Textiles Minister Giriraj Singh says the country will produce carbon fibre by 2025-26, ending its reliance on imports. This strategic move is driven by the EU's Carbon Border...

PV Sales Dip 5% in August: FADA Raises Alarm on Inventory

September 5, 2024 10:15

Passenger vehicle sales in India fell 5% in August, with FADA warning of high inventory levels and urging OEMs to adjust supply strategies to avoid a crisis.

FAME 3 Scheme Finalization in 1-2 Months: Govt

September 4, 2024 13:03

India's FAME 3 electric mobility scheme is expected to be finalized within 1-2 months, with the government addressing concerns from the first two phases. The scheme will replace the current EMPS...

New Jawa 42 FJ Motorcycle Launched at Rs 1.99 Lakh

September 3, 2024 19:58

Classic Legends launches the new Jawa 42 FJ motorcycle, priced at Rs 1.99 lakh. The bike competes with Royal Enfield's Classic 350 and Hunter, and aims to strengthen Jawa's position in the premium...

Customer Experience Index: Kia, Audi Top FADA Study

September 3, 2024 18:51

Kia and Audi lead customer experience in mass market and luxury segments, respectively, according to a new FADA and Frost & Sullivan study.

Kaynes Semiconductor Unit Approved: Rs 3,307 Cr Investment in Sanand

September 2, 2024 16:03

India's government approves Kaynes' Rs 3,307 crore semiconductor unit in Sanand, Gujarat, with a capacity of 6.3 million chips per day. The plant will cater to power, automotive, and home appliance...

DriveX Mobility Expands Retail Footprint in Chennai

August 31, 2024 19:18

DriveX Mobility, backed by Narain Karthikeyan, opens its 8th store in Chennai, strengthening its presence in the 'Automobile Capital of India'.

GAIL to Import LNG from 2026, Adds New Ship

August 28, 2024 17:32

GAIL secures new LNG contracts starting in 2026, adding to its fleet and solidifying its position as a key player in India's energy sector.

Sebi Warns of SME Share Price Manipulation - Investor Caution Urged

August 28, 2024 17:25

SEBI cautions investors against investing in SME companies suspected of share price manipulation, urging them to be vigilant and rely on verified information. Promoters of some SME companies have...

L&T Finance Sees Uptick in Auto Demand, Microfinance Improvement in H2 FY25

August 28, 2024 13:54

L&T Finance expects a rise in automobile demand during the festive season due to good monsoon and an improvement in microfinance in the second half of FY25.

Resourceful Automobile IPO Oversubscribed 419 Times

August 27, 2024 16:30

Resourceful Automobile's Rs 12-cr IPO was oversubscribed 419 times, attracting bids worth Rs 4,800 cr. Experts warn of market frenzy and risks associated with SME IPOs.

Vehicle Scrappage Discounts: Auto Majors Offer Incentives

August 27, 2024 15:03

Leading auto manufacturers are offering discounts on new vehicle purchases against scrappage certificates, promoting a cleaner and safer transportation sector in India.

Cathay Cargo Eyes India Expansion, Seeks Freighter Plane Flexibility

August 26, 2024 13:17

Cathay Cargo seeks to expand its operations in India, aiming for greater flexibility in its freighter flights to cater to the country's growing export market. The company believes in India's...

Cathay Cargo Aims to Expand in India, Seeks 'Co-termination' Rights

August 26, 2024 10:28

Cathay Cargo seeks 'co-termination' rights for its freighter planes in India to expand its operations and capitalize on the country's growing economy and export potential.

ONGC Boosts Oil Production with New Well in KG Field

August 25, 2024 13:09

ONGC opens a new well in the KG-D5 block, increasing oil and natural gas production, aiming to reach peak output by 2025.

India-Africa Trade: Auto, Agri, Pharma, Logistics Hold Potential

August 22, 2024 14:52

India and Africa aim to double trade to USD 200 billion by 2030, with focus on auto, agriculture, pharma, and logistics sectors. Opportunities for investment, technology transfer, and capacity...

Indian Cos Capex: USD 45-50 Billion Over 2 Years, RIL Leads - Moody's

August 20, 2024 16:37

Moody's forecasts Indian companies to spend USD 45-50 billion annually on capex over the next 1-2 years, led by Reliance Industries. The report highlights the oil and gas sector's significant role...

BPCL to Invest Rs 1.7 Lakh Cr in Expansion, Green Energy

August 18, 2024 10:52

BPCL plans to invest Rs 1.7 lakh crore over the next five years to expand its core business and foray into new areas like petrochemicals and green energy. The company aims to achieve net-zero...

India's Reforms Attract Global Investment: PM Modi

August 15, 2024 15:07

PM Modi emphasizes India's commitment to reforms, highlighting its attractiveness to global investors. He outlines key reforms in banking, manufacturing, and technology, aiming to make India a...

India Passenger Vehicle Sales Dip in July 2024: SIAM

August 14, 2024 11:10

Passenger vehicle wholesales in India declined 2.3% in July 2024 to 3,41,510 units, while two-wheeler sales grew 12.5%, according to SIAM.

Krishna Group Partners with Magna International for Automotive Solutions

August 13, 2024 18:57

Krishna Group's SKH metals division forms a strategic alliance with Magna International to drive innovation in body and chassis operations in India

Maruti Suzuki Exports Fronx SUV to Japan, Boosts 'Brand India' - Goyal

August 13, 2024 16:17

Maruti Suzuki's export of its Fronx SUV to Japan marks a significant milestone for 'Brand India', showcasing Indian manufacturing prowess. The first consignment of over 1,600 vehicles left for...

Maruti Suzuki Exports Fronx SUV to Japan

August 13, 2024 11:37

Maruti Suzuki commences export of its Fronx SUV to Japan, marking its second model after Baleno. The first consignment of over 1,600 vehicles left for Japan from Gujarat.

ONGC Gets 20% Premium for Gas from New Wells: Govt Approval

August 12, 2024 16:55

The Indian government has approved a 20% premium for natural gas produced from new wells by ONGC, boosting the company's investment capacity and gas production.

Zetwerk Appoints Vinod Dasari to Board of Directors

August 12, 2024 11:26

Zetwerk, a contract manufacturing marketplace, has appointed auto and engineering industry veteran Vinod Dasari to its board of directors. Dasari brings extensive experience in manufacturing...

Tata Motors: Global Demand Muted, Domestic Market Expected to Improve

August 11, 2024 12:11

Tata Motors expects sluggish global demand but anticipates a gradual recovery in the Indian market, driven by new launches and the festive season. The company also highlights inventory challenges...

GeM Portal Reaches Rs 10 Lakh Cr in 8 Years: Public Procurement

August 9, 2024 20:48

India's GeM portal has facilitated nearly Rs 10 lakh crore in public procurement over the past eight years, empowering MSMEs, startups, and women entrepreneurs. Learn more about its impact.

India Aims for USD 1 Trillion Exports by 2030: Report Highlights Key Factors

August 9, 2024 19:05

A new report outlines strategies to achieve India's USD 1 trillion export target by 2030, emphasizing robust ecosystem development, value addition, market diversification, and trade policy...

GeM Portal Crosses Rs 9.82 Lakh Crore in Procurement: Prasada

August 9, 2024 16:24

India's government e-marketplace, GeM, has surpassed Rs 9.82 lakh crore in public procurement since its inception, with over 62 lakh sellers and service providers registered. Learn more about the...

China Auto Sales Dip in July, Exports Surge 20%

August 9, 2024 15:07

China's auto sales declined in July, but exports jumped 20% as EV makers expand globally. Domestic sales fell 10%, while EV sales rose 30%.

Kerala & TN to Attract Investments: Minister

August 8, 2024 22:30

Kerala's Industries Minister P Rajeev suggests collaboration with Tamil Nadu to attract investments and industrial development, highlighting Kerala's potential beyond tourism.

Radisson Hotel Group Opens Park Inn in Chennai

August 8, 2024 19:31

Radisson Hotel Group announces the opening of a 100-room Park Inn by Radisson Chennai ECR, expanding its presence in South Asia and catering to the region's growing tourism potential.

Tata Motors Confident on EV Future, Launches Curvv EV

August 7, 2024 19:04

Tata Motors remains optimistic about the long-term EV market despite recent sales dips. The company launched the Curvv EV, aiming for 1 lakh EV sales this year.

New Portal for Chinese Technicians in India's PLI Sector

August 7, 2024 14:21

India launches a new portal to streamline visa processes for Chinese technicians working in the PLI sector, addressing concerns over delays in obtaining visas.

Rubber Board to Mitigate EU Deforestation Regulation Impact

August 6, 2024 19:56

The Rubber Board is taking steps to ensure the EU's Deforestation Regulation does not harm rubber exports from India. The regulation, which takes effect in 2024, bans rubber products from forests...

Electric Vehicle Sales Surge 55.2% in July: FADA

August 6, 2024 16:45

Electric vehicle sales in India soared 55.2% in July, driven by strong growth in e-two-wheelers. FADA reports a total of 1,79,038 units sold, highlighting the increasing adoption of EVs.

No PLI Scheme for Shipping Container Manufacturing: Prasada

August 6, 2024 16:14

India's Minister of State for Commerce, Jitin Prasada, confirms no proposal for a Production Linked Incentive (PLI) scheme for shipping container manufacturing in the country. Read more about the...

Global Firms Lease 53mn sq ft Office Space for GCCs in India: Report

August 5, 2024 12:26

Global companies are leasing office space in India to set up Global Capability Centres (GCCs), with Bengaluru leading the way. Learn about the trend and its impact.

India PV Sales Rise 10% in July: FADA

August 5, 2024 11:33

Passenger vehicle sales in India jumped 10% in July, driven by new launches and discounts, says FADA. However, high inventory levels pose a risk to dealer sustainability.

India Economy to Grow 7-7.2% in FY25: Deloitte

August 5, 2024 11:08

Deloitte forecasts India's economy to grow at 7-7.2% in FY25, driven by robust fundamentals and policy reforms. The report highlights key factors like increased rural spending and shifts in...

India Seeks Duty Concessions in FTA with Sri Lanka

August 4, 2024 13:18

India is seeking duty concessions on cars, commercial vehicles, machinery from Sri Lanka under a comprehensive free trade agreement (FTA). Talks for the FTA are currently underway.

Rs 3 Lakh Crore Road Projects in 3 Months: Gadkari

August 1, 2024 20:51

India's Road Transport Minister Nitin Gadkari announced plans to award Rs 3 lakh crore worth of road contracts in the next three months, aiming to reach Rs 5 lakh crore by March 2025.

Sensex Hits New High, Nifty Crosses 25,000 on Fed Rate Cut Hopes

August 1, 2024 17:24

Indian benchmark indices Sensex and Nifty surged to record highs on Thursday, fueled by hopes of a US Fed rate cut by September. Banking and oil shares led the gains.

Maruti Suzuki Stock Hits 52-Week High on Strong Q1 Results

August 1, 2024 11:18

Maruti Suzuki India's shares surged over 2% after the automaker reported a 47% jump in net profit for the June quarter, driven by cost reductions and favorable market conditions.

Toyota to Build Electric Car Plant in Maharashtra: Shinde

July 31, 2024 14:32

Toyota Kirloskar Motor will invest Rs 20,000 crore to manufacture electric and hybrid cars in Maharashtra, creating 8,000 jobs. The project is expected to revolutionize the state's automobile sector.

L&T Wins Contract to Build Auto Plant Near Bengaluru

July 31, 2024 14:02

Larsen & Toubro (L&T) has secured an order to construct an automobile plant near Bengaluru, adding to its portfolio of EPC projects. The project will adhere to Indian Green Building Council norms.

Exide Q1 Profit Rises 16% to Rs 280 cr | Exide Industries

July 30, 2024 16:32

Exide Industries's profit after tax surged 16% to Rs 280 crore in Q1 FY24, driven by growth in both automobile and industrial verticals. Learn more.

Adani Total Gas Q1 Profit Up 20% on CNG Sales

July 29, 2024 15:22

Adani Total Gas reported a 20% rise in Q1 net profit driven by higher CNG and piped cooking gas sales. Revenue grew 9% to Rs 1,237 crore. CNG sales were up 20% at 153 mmscm.

Cholamandalam Investment Appoints Ravindra Kumar Kundu MD

July 27, 2024 15:58

Cholamandalam Investment and Finance Company has appointed Ravindra Kumar Kundu as its Managing Director for a five-year term starting October 7. Kundu has been with the company for 24 years and...

Regional Print Media Revenue Growth 9% in FY25: Report

July 25, 2024 15:52

Regional print media is expected to see an 8-9% revenue growth in FY25, driven by higher ad revenues, according to a Crisil report. The decline in newsprint prices will further boost operating...

Sensex, Nifty Close Lower After Budget: 4th Day Fall

July 24, 2024 17:25

Indian stock markets, Sensex and Nifty, fell for the fourth day after profit booking in banks following the budget's hike in securities transaction tax and short-term capital gains tax.

UK Foreign Secretary Lammy Visits India: FTA, Khalistan Issues on Agenda

July 23, 2024 22:35

British Foreign Secretary David Lammy visits India for a 2-day visit, focusing on the India-UK free trade agreement, pro-Khalistan concerns, and global challenges.

Customs Duty Exemption on Lithium, Cobalt to Boost EV Sector

July 23, 2024 16:52

India's Union Budget 2024-25 proposes customs duty exemption on lithium, cobalt, and other minerals, aiming to lower EV battery production costs and make electric vehicles more affordable.

India Budget 2024: Fiscal Consolidation, Common Man Focus

July 23, 2024 15:45

India's Budget 2024 focuses on fiscal consolidation and common man's interests, with mixed reactions from industry.

India's Export Growth: Services &' Diversification &' | Economic Survey

July 22, 2024 14:36

India&'s export destinations are diversifying, with services exports expanding significantly. Learn about the key trends and growth drivers in India&'s export sector.

PLI Scheme for Auto Sector Attracts Rs 67,690 Cr Investment: Eco Survey

July 22, 2024 13:05

India's Production Linked Incentive (PLI) scheme for the auto sector has attracted investment proposals worth Rs 67,690 crore, as per the Economic Survey 2023-24. The scheme aims to boost domestic...

Gadkari: Flexible Economic Policies Key to Growth & Jobs

July 20, 2024 23:24

Road Transport Minister Nitin Gadkari advocates for flexible economic policies to boost growth and job creation in India, drawing lessons from China's economic challenges. He emphasizes the need...

Sebi's New Asset Class for High-Risk Investors: Expert Opinions

July 17, 2024 14:17

Sebi proposes a new asset class for high-risk investors, offering access to strategies like long-short equity funds and inverse ETFs. Experts believe this will bridge the gap between mutual funds...

IMF Upgrades China, India Outlook, Global Growth Tepid

July 16, 2024 19:20

The IMF is upgrading its economic outlook for China and India, but expects tepid global growth due to persistent inflation. Read more about the IMF's latest World Economic Outlook.

Two-Wheeler Sales to Peak in Q1 FY26: Bajaj Auto

July 16, 2024 18:33

Bajaj Auto expects domestic two-wheeler sales to grow 6-8% this fiscal and reach peak levels of FY19 by Q1 FY26, driven by rising retail financing and positive market sentiment.

Cummins India Launches IT Global Competency Centre in Pune

July 16, 2024 15:39

Cummins India has launched its first IT Global Competency Centre (GCC) in Pune, India. The centre will drive innovation across global operations through specialised talent and technical...

India Needs 2 Lakh EV Skilled Workers by 2030: SIAM

July 16, 2024 14:33

India's auto industry needs 2 lakh skilled workers by 2030 to meet the government's 30% EV adoption target, SIAM says, highlighting the need for talent investment in battery technology, powered...

FAME III Electric Mobility Scheme: Implementation Soon - HD Kumaraswamy

July 16, 2024 13:24

Union Minister HD Kumaraswamy confirms the government is working on the FAME III scheme for electric mobility. Learn about the anticipated implementation timeline and other key details.

India-EU Trade Talks: Next Round in September

July 15, 2024 17:20

India and the EU are set to hold the next round of talks for a proposed free trade agreement in September, aiming to boost commerce and investments.

Auto Retail Sales Up 9% in Q1 FY25: FADA

July 15, 2024 17:18

India's automobile retail sales grew 9% in the June quarter, with all segments except tractors showing positive growth, according to FADA.

IndianOil Launches High-Octane Racing Fuel STORM-X

July 14, 2024 10:51

IndianOil launches STORM-X, a high-octane racing fuel produced in India for the first time. The fuel meets FIA specifications and will be used in national and international racing events.

India Auto Exports Surge 15.5% in Q1: SIAM Data

July 14, 2024 10:25

India's automobile exports rose 15.5% year-on-year in the June quarter, led by passenger vehicles and two-wheelers, according to SIAM data. Read more about the export performance and key players.

SIAM Seeks EV Support, Scrapping Incentives in Budget

July 12, 2024 16:17

SIAM urges government to offer incentives for electric vehicles (EVs) and vehicle scrapping in the upcoming Budget, aiming for a growth-oriented fiscal plan. The industry body also expects...

Vehicle Depreciation Tax Benefit: FADA Urges Govt

July 12, 2024 14:30

FADA urges the government to introduce vehicle depreciation benefits for individual taxpayers, aiming to expand the taxpayer base and boost automobile demand.

China Exports Surge 8.6% in June, Defying Trade Tensions

July 12, 2024 12:46

China's exports beat forecasts in June, despite rising trade tensions with the U.S. and Europe. Exports grew 8.6%, while imports fell 2.3%.

India Passenger Vehicle Wholesales Up 3% in June: SIAM

July 12, 2024 11:50

India's passenger vehicle wholesales rose 3% to 3,37,757 units in June, according to SIAM. Two-wheeler sales also increased significantly. Read more.

GeM Portal to Include Work Contracts: CEO P K Singh

July 11, 2024 17:16

India's public procurement portal, GeM, is exploring adding work contracts to its platform, potentially making it a national procurement portal for all government purchases.

GeM Procurement Crosses Rs 1.24 Lakh Cr in Q1: To Become World's Largest

July 11, 2024 15:20

Government e-Marketplace (GeM) procurement surpasses Rs 1.24 lakh crore in Q1 FY24-25, propelling it to become the world's largest platform by year-end. The platform boasts over 1.5 lakh government...

Karnataka Secures ₹6,450 Crore Investment from Japan & South Korea

July 10, 2024 16:43

Karnataka secured ₹6,450 crore investment commitment from Japan & South Korea with potential for over 1,000 jobs. The investment was secured during Minister M B Patil's recent visit.

India-Russia Trade Target: USD 100 Billion by 2030

July 9, 2024 21:38

India and Russia aim to boost bilateral trade to over USD 100 billion by 2030, with focus on energy, agriculture, and infrastructure. The two countries agreed to explore a free trade area and...

ONGC to Invest Rs 2 Lakh Cr for Net Zero by 2038

July 9, 2024 16:52

ONGC plans to invest Rs 2 lakh crore in renewable energy and green hydrogen to achieve net-zero emissions by 2038, including 5 GW of solar and offshore wind.

Temasek Sees Strong India Growth, Driven by Infrastructure & Consumption

July 9, 2024 16:22

Singapore investor Temasek expects India's growth to remain firm over the next two years, driven by infrastructure spending and a recovery in private consumption.

Godrej Electricals Commissions 12.5 MWp Rooftop Solar Project in MP

July 8, 2024 18:54

Godrej Electricals has commissioned a 12.5 MWp rooftop solar project for a textile facility in Madhya Pradesh, one of the largest such projects in India. The project will enable the facility to...

CNG & Piped Gas Prices Hike in Mumbai: MGL Raises Rates

July 8, 2024 18:35

Mahanagar Gas Ltd (MGL) has hiked CNG and piped cooking gas prices in Mumbai by Rs 1.50/kg and Re 1/scm, respectively, due to rising input costs and increased demand. The new prices are effective...

Maruti Suzuki to Transport 35% Vehicles by Rail in 7-8 Years

July 8, 2024 12:56

Maruti Suzuki plans to increase vehicle dispatches via railways to 35% in the next 7-8 years, aiming for sustainable logistics and CO2 emission reduction.

Right to Repair Portal: Govt Meets Auto Industry

July 6, 2024 20:43

India's Department of Consumer Affairs met with automakers to encourage participation in the Right to Repair Portal, aimed at empowering consumers with easier access to product repair information.

Bajaj Auto Urges GST Review for Clean Fuel Vehicles

July 5, 2024 19:06

Bajaj Auto's MD calls for a review of GST rates on clean fuel vehicles, expressing concerns about unsustainable subsidies for electric vehicles. The company launches the world's first CNG-run bike,...

India Passenger Vehicle Sales Dip 7% in June: Heatwave Impacts

July 5, 2024 11:12

Passenger vehicle retail sales in India declined by 7% in June due to a heatwave that reduced showroom visits. FADA reports subdued market sentiment and high inventory levels.

Suzuki Launches Rs 340 Crore Fund 'Next Bharat' for Social Impact Startups

July 4, 2024 12:02

Suzuki Motor has launched a Rs 340 crore fund, 'Next Bharat Ventures', to support social impact startups in Tier-II and below geographies, focusing on agriculture, financial inclusion, and rural...

Gujarat Explores Olympic Expertise with France: 2036 Bid Focus

July 2, 2024 21:57

Gujarat CM Bhupendra Patel met with French envoy to discuss leveraging France's Olympic expertise for India's 2036 bid. Discussions also focused on renewable energy, ports, and education...

Indian Wedding Industry: Rs 10 Lakh Cr Market, 2x Spending Than Education

June 30, 2024 12:09

India's wedding industry, valued at Rs 10 lakh crore, is the second largest consumption category after food & grocery. Learn about the booming market and its impact on various sectors.

Karnataka Seeks GIFT City Model, Fast-Track Approvals

June 28, 2024 20:06

Karnataka seeks central support for a GIFT City-like business district, urging fast-tracked approvals for key projects. The state aims to boost economic growth and attract foreign investment.

Copper Demand to Rise with Clean Energy Shift: HCL CMD

June 27, 2024 17:34

Hindustan Copper CMD Ghanshyam Sharma predicts significant copper demand growth as the world transitions to cleaner energy sources, driving electric vehicles and renewable energy technologies.

Indian E-Two Wheelers Lead Global Market: Ather Energy

June 22, 2024 22:10

Ather Energy co-founder claims Indian electric two-wheelers are superior to global counterparts, highlighting India's potential to lead in EV technology and design.

JLR Licenses Freelander for Chinese EV JV

June 19, 2024 13:57

Jaguar Land Rover licenses the Freelander brand to its Chinese JV partner, Chery, for the development and production of electric vehicles in China.

Indian Auto Industry Booms: 19% Growth in FY24

June 19, 2024 13:56

India's auto industry surged 19% to Rs 10.22 lakh crore in FY24, driven by SUV 'utility vehicle' growth. Read about the segment-wise performance and industry trends.

Ministries started accepting quarterly applications for PLI incentive claims: Official

June 18, 2024 18:13

India's Production Linked Incentive (PLI) scheme is now accepting quarterly applications for incentive claims. This move aims to expedite the disbursement of incentives to beneficiaries across 14...

China keeps lending rate unchanged as data show housing market is still struggling

June 17, 2024 15:12

China's central bank held its key lending rate steady despite weak economic data, including a slump in the housing market. The decision reflects Beijing's focus on high-tech industries.

Visa Facilitation for Chinese Technicians in India: SOP in Final Stages

June 16, 2024 15:15

India is finalizing a standard operating procedure (SOP) to streamline visa approvals for Chinese technicians needed in manufacturing units, addressing concerns about delays. The SOP aims to...

Mahindra Group to Partner for Cell Production in India

June 16, 2024 11:20

Mahindra Group plans to partner with global players for battery cell production in India to meet growing EV demand. The company also discussed plans for its electric vehicle arm, MEAL.

FADA Raises Concerns Over High Auto Inventory, Plans SIAM Talks

June 14, 2024 22:10

FADA, the apex body for auto retailers, expresses concern over high inventory levels and plans to discuss the issue with SIAM. The organization also seeks continuity in FAME-3 policy and...

AAP MP Urges PLI Scheme Extension for Bicycle, Toy, Leather Industries

June 14, 2024 18:38

AAP MP Vikramjit Singh Sahney has urged PM Modi to extend the PLI scheme to the bicycle, toy, and leather industries, citing the need for support to enhance quality and compete globally.

India's Growth Challenges: CEA on Global Factors & China

June 14, 2024 17:55

India faces slowing globalization, divisive politics, and climate change, unlike China during its growth phase, says CEA V Anantha Nageswaran. He urges auto industry to reduce reliance on China.

Private Company Sales Up 6.9% in Q4 FY24: RBI Data

June 13, 2024 22:00

Private non-financial companies saw sales growth of 6.9% in Q4 FY24, driven by strong performance in automobiles, petroleum, electrical machinery, and pharmaceuticals. Read more about the RBI's...

Mahindra Group Focuses on Scale for Growth

June 12, 2024 16:12

Mahindra Group aims to scale its businesses, covering 70% of India's growth over the next decade. The group is also focused on increasing the valuation of its 'growth gems' fivefold in the next...

EPACK Prefab Order Book Surges 48% in FY24

June 12, 2024 16:03

EPACK Prefab, a pre-engineered building maker, saw its order book surge 48% to Rs 1,233 crore in FY24. The company is targeting 35% growth in FY25.

PLI Scheme to Attract Rs 3-4 Lakh Cr Investments: Icra

June 12, 2024 15:47

Icra predicts Rs 3-4 lakh crore investment in PLI scheme over next 4 years, with focus on semiconductors, solar modules and pharmaceuticals. Government's capex expected to remain steady.

ONGC Seeks Tech Help for Mumbai High, No Stake Sale

June 11, 2024 16:21

ONGC will not sell a stake in Mumbai High, but is seeking technical help from global giants like BP to boost declining oil and gas production from the field.

Steel Demand to Grow 9-12% in FY25: Ind-Ra

June 11, 2024 16:16

India Ratings and Research forecasts a 9-12% growth in steel demand for FY25, driven by robust end-user industries like automobiles and infrastructure.

India Passenger Vehicle Sales Rise 4% in May: SIAM

June 11, 2024 11:31

Passenger vehicle wholesales in India increased 4% year-on-year in May to 3,47,492 units, according to SIAM. Two-wheeler sales rose 10% and three-wheeler dispatches increased 15%.

Passenger vehicle retail sales dip 1 pc in May as excessive heat, elections impact demand: FADA

June 10, 2024 10:28

Passenger vehicle retail sales in India declined by 1% in May 2023 compared to May 2022, impacted by extreme heat and elections, according to the Federation of Automobile Dealers Associations (FADA).

China Exports Surge 7.6% in May Despite Trade Tensions

June 7, 2024 19:51

China's exports grew at their fastest pace in over a year in May, driven by a lower base and strong demand, despite escalating trade tensions with the US and Europe.

Hero MotoCorp Increases Ather Stake for Rs 124 Cr

June 6, 2024 20:50

Hero MotoCorp is acquiring an additional 2.2% stake in Ather Energy for Rs 124 crore, bringing its total stake to 41.9%. The investment aims to strengthen the partnership and support Ather's growth...

India FDI: Singapore Tops, Mauritius Second in 2023-24

June 2, 2024 11:05

Singapore was the top source of FDI for India in 2023-24, followed by Mauritius, as overall FDI inflows declined slightly due to global economic uncertainties.

Moody's: High Capital Needs for Indian Corporates

May 30, 2024 15:59

Moody's expects Indian corporates to require significant capital for growth, driven by capacity expansion, inorganic spending, and refinancing. While domestic liquidity and internal cash flows...

FDI Inflows Fall 3% to $44 Billion in FY24

May 30, 2024 13:41

India's foreign direct investment (FDI) equity inflows declined by 3.49% to $44.42 billion in FY24, primarily due to lower investments in services, software, and telecom sectors. However, inflows...

US Opens Banking to Cuban Businesses: Boosting Private Sector

May 29, 2024 03:05

The US has eased financial restrictions on Cuba, allowing private businesses to open US bank accounts and access online services. The move aims to support the island's private sector amid economic...

NMDC Raises Iron Ore Prices by Rs 250/tonne

May 28, 2024 12:16

NMDC, India's largest iron ore miner, has increased the price of lump ore by Rs 250/tonne and fines by Rs 350/tonne, effective immediately. The price hike is expected to impact steel prices.

JK Tyre Q4 Profit Surges 54% to Rs 172 cr

May 21, 2024 19:05

JK Tyre's net profit for Q4 FY24 jumped 54% to Rs 172 crore, driven by higher sales. The company also reported a three-fold increase in full-year profit.

India's New EV Policy: Stakeholders Meeting & Tesla's Interest

May 20, 2024 19:39

India's Ministry of Heavy Industries will hold a second stakeholders meeting to finalize guidelines for the new EV policy, which aims to attract global automakers like Tesla. The policy...

Mutual Funds Pump Rs 1.3 Lakh Cr into Indian Equities in 2024

May 19, 2024 12:28

Mutual funds invested Rs 1.3 lakh crore in Indian equities in 2024, driven by strong market performance and retail investor interest. Foreign portfolio investors, however, withdrew money.

FDI Norms Eased in India: Space Sector, More Liberalization Expected

May 18, 2024 14:49

India's DPIIT Secretary highlights relaxed FDI norms in the space sector and potential for further liberalization under the new government, emphasizing the country's commitment to attracting...

India's EV Policy Attracts Global Companies: DPIIT Secy

May 18, 2024 13:47

India expects strong response from global automakers on its EV policy, offering tariff incentives for manufacturing. The policy aims to attract major players like Tesla and boost domestic production.

Gujarat CM Meets German Consul General: Discussing Investment & Cooperation

May 17, 2024 18:53

Gujarat Chief Minister Bhupendra Patel met with the German Consul General, discussing potential investment in the state and collaborations in various sectors like renewable energy, engineering, and...

Chabahar Port Deal: Landmark for India-Iran Economic Ties

May 17, 2024 16:55

India signs a 10-year contract to operate Chabahar Port, a strategic Iranian port offering investment opportunities in various sectors like petrochemicals, mining, and infrastructure.

Chabahar Port Deal: Landmark for India-Iran Economic Ties

May 17, 2024 16:53

India signs a 10-year contract to operate Chabahar Port, opening doors for trade with Central Asia and offering investment opportunities in various sectors.

Diesel Sales Slide, Petrol Flat Despite Elections

May 16, 2024 13:13

Despite peak electioneering, diesel sales in India continue to decline while petrol consumption remains nearly flat, according to preliminary data. Learn more about the fuel consumption trends.

Moody's Forecasts 6.6% GDP Growth for India in FY25

May 14, 2024 20:11

Moody's projects India's FY25 GDP growth at 6.6%, driven by strong credit demand. The agency also expects robust loan growth for NBFCs, despite rising funding costs.

India Passenger Vehicle Sales Up 1.3% in April: SIAM

May 14, 2024 12:04

Passenger vehicle wholesales in India rose 1.3% year-on-year to 3,35,629 units in April, according to SIAM. Two-wheeler sales also saw a significant increase.

India Passenger Vehicle Sales Rise 1.3% in April: SIAM

May 14, 2024 11:17

Passenger vehicle wholesales in India increased by 1.3% year-on-year to 3,35,629 units in April, according to SIAM data. Two-wheeler sales also saw a significant rise.

Mahindra & Mahindra Partners with MSDE for Drone Didi Scheme

May 10, 2024 18:28

Mahindra & Mahindra signs agreement with Skill Development Ministry to conduct pilot programs for Drone Didi Yojana, training 500 women in drone operation for agriculture.

Maruti Suzuki Re-energizes Small Car Segment with New Swift

May 9, 2024 13:54

Maruti Suzuki aims to revive the small car segment with the launch of the 4th generation Swift, targeting a 40 lakh unit sales target by 2030-31.

DP World's Integrated Chennai Business Park Opens

May 8, 2024 16:11

DP World's new Integrated Chennai Business Park offers end-to-end supply chain solutions, serving as a one-stop shop for businesses. The park features electric vehicle charging points and solar...

Jupiter Wagons Q4 Profit Surges to Rs 104 Crore

May 8, 2024 14:32

Jupiter Wagons' net profit more than doubled in Q4 FY23, reaching Rs 104.22 crore on higher revenue. The company also secured a Rs 100 crore order for double-decker wagons.

India Auto Sales Surge 27% in April: FADA

May 8, 2024 10:14

India's automobile retail sales soared 27% in April, driven by growth across segments, including passenger vehicles and two-wheelers, according to FADA. Passenger vehicle sales increased 16% while...

Car Dealers Can Claim ITC on Demo Cars: AAR Ruling

May 6, 2024 20:43

The West Bengal GST Authority for Advance Ruling (AAR) has ruled that authorized car dealers can claim input tax credit (ITC) on demo cars. Learn more about the AAR's ruling on ITC for demo cars...

FADA & Frost & Sullivan Study: Customer Journey in India's PV Segment

May 6, 2024 16:30

FADA and Frost & Sullivan collaborate on a study to analyze customer experience in India's passenger vehicle industry, encompassing sales, after-sales, and product quality. The study will cover...

Mahindra & Tata Motors: Record Patent Approvals in FY24

May 5, 2024 11:46

Mahindra & Mahindra and Tata Motors received a record number of patent approvals in FY24, highlighting their commitment to innovation in automotive technology. Read more about their key...

Volkswagen Expands in Tamil Nadu with New Store

May 4, 2024 16:44

Volkswagen strengthens its presence in Tamil Nadu with a new store in Chennai, adding to its growing network of sales and service facilities in India.

L&T Tech Partners with Forvia for Clean Mobility Solutions - 45 Million Euro Deal

May 2, 2024 15:09

L&T Technology Services (LTTS) signs a 45 million euro deal with Forvia for engineering services in clean mobility. The partnership will see 300 engineers from Forvia's Augsburg and Bengaluru sites...

Adani Total Gas Q4 Net Profit Up 59% | CNG Sales Surge

April 30, 2024 18:37

Adani Total Gas Ltd reported a 59% rise in Q4 net profit driven by strong CNG sales growth. Revenue also increased, with CNG sales up 20% and PNG sales up 15%.

India Inc Revenue Growth Slows: Crisil Report

April 29, 2024 14:52

India Inc's revenue growth is expected to be weakest since September 2021, according to a Crisil report. The report analyzes 350 companies and highlights sectors like consumer discretionary...

Elon Musk Visits China to Discuss Tesla Restrictions

April 28, 2024 21:53

Elon Musk visited Beijing to discuss lifting restrictions on Tesla cars in China, including concerns over data security. He met with Chinese Premier Li Qiang and other officials.

Elon Musk Visits Beijing, Meets Premier Li Qiang

April 28, 2024 19:50

Elon Musk visited Beijing and met with Chinese Premier Li Qiang, discussing Tesla's future expansion plans. The visit comes amid speculation of Tesla's autonomous driving technology launch in China.

Elon Musk Visits China: Tesla Expansion, Meeting with Premier Li

April 28, 2024 18:07

Elon Musk makes surprise visit to Beijing, meeting with Chinese Premier Li Qiang to discuss Tesla's future expansion plans in China's burgeoning EV market.

China's Share in India's Industrial Imports Jumps to 30%: GTRI

April 28, 2024 11:30

China's share in India's industrial goods imports has surged to 30% from 21% in the past 15 years, raising concerns about India's dependence on Chinese goods.

Lohia Global Enters Real Estate: Rs 1,000 Cr Investment

April 25, 2024 16:01

Lohia Global, known for handicrafts and automotive, enters the real estate market. The company will invest Rs 1,000 crore over the next 5 years to develop housing projects across Delhi-NCR and UP.

EPFO Adds 15.48 Lakh Members in February 2024

April 20, 2024 20:09

EPFO added 15.48 lakh members in February 2024, with a significant increase in the 18-25 age group. The data highlights the dominance of youth in the workforce and the growing trend of job switching.

IndiGo Launches Chennai to Durgapur Flights

April 19, 2024 21:07

IndiGo announces direct flights between Chennai and Durgapur, boosting connectivity. Flights start May 16, with three weekly services. This adds to IndiGo's growing network.

India's Economy to Grow at 8-8.3% in FY24: PHDCCI

April 17, 2024 19:05

PHDCCI predicts India's economy to grow at 8-8.3% in the current fiscal year, reaching USD 34.7 trillion by 2047. The report suggests key enablers for India's economic growth.

GCCs Drive Office Demand in India: Knight Frank Report

April 17, 2024 15:04

Global Capability Centres and 3rd-party IT service providers are driving office demand in India, contributing 46% to total leasing in 2023, according to Knight Frank.

FADA Dealer Satisfaction Study: Focus on Finance & Insurance

April 15, 2024 16:28

FADA launches a dealer satisfaction study focusing on finance and insurance firms, aiming to improve relationships and develop better products and services.

Adani to Set Up EV Charging Stations at MG Dealerships

April 8, 2024 12:53

Adani TotalEnergies E-Mobility Limited will set up EV charging stations at new MG dealerships in India, strengthening the charging network and enhancing customer accessibility.

India Auto Sales Surge in FY24: FADA Reports Double-Digit Growth

April 8, 2024 10:42

India's automobile retail sales witnessed double-digit growth in FY24, driven by strong demand for passenger vehicles, three-wheelers, and tractors, according to FADA.

Honda Cars India Appoints New Director of Marketing & Sales

April 4, 2024 14:04

Honda Cars India has appointed Ryuto Shimizu as its new Director of Marketing & Sales, replacing Yuichi Murata who has moved to Honda Mexico. Shimizu has over 25 years of experience with Honda...

Suzuki India Production Hits 3 Crore Units, Fastest Milestone

April 3, 2024 15:30

Suzuki Motor Corporation reaches 3 crore cumulative production milestone in India, marking the second country to achieve this feat, even faster than Japan.

IndoEdge Acquires 8% Stake in MG Motor India: CCI Approval

April 2, 2024 22:20

The Competition Commission of India (CCI) has cleared IndoEdge's proposed acquisition of an 8% stake in MG Motor India. The deal involves IndoEdge India Fund - LVF Scheme, a large value fund for...

GM, Magna & Wipro Launch Automotive Software Marketplace SDVerse

March 5, 2024 17:14

General Motors, Magna, and Wipro have teamed up to develop SDVerse, a B2B automotive software marketplace aimed at revolutionizing software sourcing and procurement.

Rs 41,000 cr Investment in City Gas Projects in N-E, J''K: Puri

March 4, 2024 19:16

India to see Rs 41,000 crore investment in city gas projects across North-East, Jammu & Kashmir and Ladakh, covering 103 districts. Oil Minister Hardeep Singh Puri announced the investment, aimed...

Auto PLI Scheme: Panel to Review Incentive Payouts, Component Inclusion

March 4, 2024 18:09

A government panel will examine automakers' requests for quarterly PLI incentives and the inclusion of more components under the scheme.

Company Name
Price
Volume

Vodafone Idea L
9.48 (+ 3.38)
26690897

GTL Infrastructure
2.24 (+ 1.36)
22912849

Spicejet Ltd.
62.40 (+ 8.41)
15276284

Suzlon Energy Ltd.
72.93 (+ 2.75)
12246334

Jaiprakash Power Ven
19.10 (+ 3.41)
11267338

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