Under PM Modi, we have a Bharat-first foreign policy: EAM Jaishankar

NEW DELHI: ‘We have history that we cannot...

Relative safety of Rae Bareli made Rahul choose seat

NEW DELHI: Congress leader Rahul Gandhi’s decision...

Bengal poised for interesting battles in third phase of elections

KOLKATA: Voting for four Lok Sabha seats...

Nivedita Mukherjee

Tata Power acquires Bikaner, Neemrana transmission project

NEW DELHI Tata Power on Saturday said it has acquired Bikaner-Neemrana Transmission Project through a bidding process. Bikaner-III Neemrana-II Transmission Ltd is a special purpose...

Honda, Toyota, and M&M witness SUV sales surge

NEW DELHI India’s 31-day festive season went well for the automobile industry with SUVs offering growth acceleration. Honda Cars India registered 24 per cent year-on-year...

Consumer demand drives up November 2023 sales of TVS Motor 31%, Hero MotoCorp 26%

NEW DELHI India’s two-wheeler manufacturers have made impressive gains in the November wholesale rally, on the back of favourable economic indicators, including the ongoing marriage...

Govt official refuses Tesla’s demand to give company specific incentives

NEW DELHI India will never provide company or enterprise-specific incentives in the electric vehicle sector, a top government official said on Friday, amid a push...

Private consumption expenditure strongest driver of India’s growth, no signs of easing soon

New Delhi As an outlier in becoming the fastest-growing major economy in the world, a term often used in the case of India, private final...

Global headwinds slow down PE/VC flows by 25% in 2023, conflicts may hit cross-border deals

New Delhi Even as India’s growth dynamics propel the world’s 5 largest economy to the radar screen of global investors, it’s a different story on...

Auto dealers to clock 8-10% revenue growth

New Delhi Keeping the spirits flying high in India’s automobile industry, a forecast on the retail performance of the sector expects revenue of auto dealers to...

SIAM, experts root for EVs, electronics to build resilient supply chains

New Delhi Building a resilient supply chain has emerged as one of the key challenges for the India’s automobile industry as it looks to formulate...

Tata Motors, Inchcape collaborate for CV sales, service in Thailand

New Delhi Tata Motors is expanding the presence of its commercial vehicles in the Thai market in collaboration with its authorised distributor, Inchcape – a...

Eicher launches new range of heavy-duty trucks

New Delhi Eicher Trucks and buses, a business unit of VE Commercial Vehicles have launched the Eicher Non-Stop Series, a new range of heavy-duty trucks...

ACMA’s iAutoConnectgets in 140 +suppliers,150 plus countries

New Delhi The Automotive Component Manufacturers Association of India (ACMA), is tapping reverse buyers and sellers meet like iAutoConnect’, among other such platforms to promote...

India’s Electronics Manufacturing Set for Major Investment Boost

New Delhi The Government approved INR 30 billion (USD 360 million) collective investments by 27 major electronics manufacturers to encourage more domestic IT hardware production,...

Isuzu Motors India opens dealership in Trichy to increase sales

New Delhi Chennai based Isuzu Motors India, a subsidiary of Isuzu Motors, Japan, has inauguration of new a 3S (Sales, Service & Spares) dealership, Kaveri...

CARS24 launches vehicle scrapping initiative to monetise certificate of deposit

New Delhi In a move towards a more sustainable automobile landscape, autotech company CARS24 has launched a vehicle scrapping initiative which is set to transform...

India signs IPEF supply chain agreement with partner nations

NEW DELHI India has called for redoubling efforts to ensure expeditious implementation of all the action-oriented collaborative elements comprising the Indo-Pacific Economic Framework for Prosperity...

The open offer is in the best interest of Religare: Burman

NEW DELHI Days after advisory firm InGovern Research flagged “vested interest” of the Chairman of Religare Enterprises Rashmi Saluja, owing to excessive remuneration, and regulatory...

Auto sector using more than 74% of capacity

NEW DELHI Signalling a strong recovery, India’s automotive sector is utilizing, on average, more than 74 per cent of its capacity, which is higher than...

CarWale abSure opens 100th outlet on rising demand

NEW DELHI The festive season has benefitted the used car market with platforms like CarWale abSure, on an expansion spree buoyed by the pent-up demand...

Hero Motocorp posts highest-ever sales with 19% growth

NEW DELHI Hero MotoCorp recorded its highest-ever festive sales, clocking more than 14 lakh (1.4 million) units in retail sales during the 32-day festive period...

CHARGE+ZONE launches India’s first EV supercharging network

NEW DELHI Electric charging company CHARGE+ZONE has launched India’s first-ever supercharging network for high-speed EV charging. This network places superchargers on major highways and within...

EV motorcycle startup Raptee raises $3 mn from Bluehill Capital

NEW DELHI Premium EV Motorcycle Startup, Raptee to use USD 3 million raised in a Pre-Series A round led by deep-tech VC fund Bluehill Capital....

Online new car purchases in CarLelo up at 150 units on Dhanteras

NEW DELHI Online new car-buying platform CarLelo experienced a surge in sales of 150 new cars during the auspicious occasion of Dhanteras and witnessed a...

Nissan offers intro price on bookings of Nissan Magnite EZ-Shift

NEW DELHI Nissan Motor India (NMIPL) has announced the introductory price offer for all bookings made till 30 November 2023 of the all-new Nissan Magnite...

Proposal on delisting regulations to be presented at SEBI meet

NEW DELHI With India’s advancements in the financial sector and its role as a pioneer in setting global standards, the nation is increasingly being looked...

Piyush Goyal to attend IPEF, Key trade talks with U.S. Commerce officials

NEW DELHI Even as the jury is still out on the prospects and viability of India joining the Indo-Pacific Economic Framework (IPEF) trade talks for...

Indian industry still out of crosshairs, diamond, crude oil trade a lingering worry

NEW DELHI The ongoing conflict in the Middle East, confined mainly to the Gaza region now, has caused only negligible disruption in India’s trade so...

PVs, 3 wheelers in top gear with highest ever sales in October

NEW DELHI A sustained high festive sentiment in India drove India’s automobile wholesales in October 2023 to 23,62,534 units, with passenger vehicles and three-wheelers recording...

Revolt Motors to supply e-bikes for Adani Green Energy

NEW DELHI Electric motorcycle major Revolt Motors has bagged an order from Adani Green Energy Limited (AGEL) for environment-friendly electric motorcycles which will be supplied...

Volkswagen expands regional presence in Ajmer

NEW DELHI Volkswagen India has inaugurated a new touchpoint in Ajmer, Rajasthan as part of its strategy to expand its network to meet the surging...

Hero MotoCorp to enter European market with ICE products

NEW DELHI Hero MotoCorp is planning a slew of strategic initiatives, including expansion of its footprint in electric mobility, enter new ICE vehicle categories and...

Auto sector adopts digitisation and AI for online sales

NEW DELHI Digitisation and AI-enabled vehicle financing platforms are rapidly changing the experience of buying cars, the constituency of buyers, and ushering in seamless and...

Motherson to set up 10 new facilities in India

NEW DELHI Samvardhana Motherson International (SAMIL) is investing and setting up 10 new facilities in India to support customers’ growth in auto and non-auto business....

India offers to work with Lanka on debt restructuring, economic recovery

NEW DELHI India will work closely with Sri Lanka on discussions regarding debt restructuring as well as on the path of its economic recovery, with...

Demand for premium goods may lift consumer durables industry revenue by 8-10%

NEW DELHI The consumer durables sector is set for 8-10 per cent revenue growth in FY24, supported by premiumisation and steady growth in urban demand. This...

India’s services sector sees decline in growth

NEW DELHI After a robust and steady expansion in the post Covid scenario, India’s service economy in October witnessed a deceleration in growth and pick-up...

States MAKE A SHIFT TOWARDS e-mobility

NEW DELHI India’s states are aggressively pursuing the country’s strategic shift towards electric mobility and playing a key role in reducing its dependence on import...

Joy e-bike, Revolt Motors lead charge with strong network expansion

NEW DELHI A focus on delivering fine customer experiences and streamlining supply chain has led to Wardwizard Innovations & Mobility a leading manufacturer of electric...

Mercedes launches GLE SUV, AMG sedan

NEW DELHI Luxury car maker Mercedes-Benz India has launched the new GLE luxury SUV and the AMG C 43 4MATIC performance sedan, further strengthening Mercedes-Benz’s...

Srinagar takes green route with Tata Motors E-buses

NEW DELHI Tata Motors has supplied the first batch of state-of-the art ultra EV air-conditioned electric buses to Srinagar Smart City via TML Smart City...

PPS Motors to deliver 298 BharatBenz buses to Odisha Govt

NEW DELHI Automotive dealer PPS Motors is delivering nearly 300 BharatBenz buses to the Odisha Government as part of the ‘location accessible multimodal initiative’ (LAccMI)....

M&M, Hyundai record rise in sales

NEW DELHI Hyundai Motor India registered total sales of 68 728 units in October 2023, which was 18.48 per cent higher yoy. Total sales for...

Hero Motocorp PATgrows 47% yoy in Oct’23

NEW DELHI Hero MotoCorp reported profit after tax for Q2FY24 at Rs 1,054 crore, reflecting a growth of 47 per cent year-on-year over Rs 716...

India, G7 will discuss supply chain resilience at Osaka trade ministers’ meet

Against the backdrop of a successful G20 summit under its presidency, which has put India’s role as a trusted partner in building an efficient...

7.41 crore ITRs filed for AY 2023-24, including 53 lakh first-time filers

The Income Tax Department’s focus on various measures to ensure ease in compliance of taxpayers and transparent tax administration is reaping a rich dividend...

India Inc revenues estimated to have risen by 8-10% in Q2 of FY24

Revenue of Indian corporates is estimated to have grown 8-10 per cent in the September quarter (Q2FY24), as revenue growth picked up after four-quarter...

India’s concerns validated as US withdraws support for some WTO e-commerce proposals

In what may be seen as a strong validation of India’s long-standing concern related to potential challenges with unregulated digital trade, the United States...

Israel-Hamas war: India’s $12b trade at stake

New Delhi It is not business as usual for Indian industry and trade amidst an escalating Israel-Hamas conflict as businesses and markets gear up for...

Israel-Hamas conflict hits economic corridor plans

New Delhi Escalating tensions between Tel Aviv and Gaza have cast a shadow on the fate of the ambitious transcontinental infrastructure project, the India-Middle East-Europe...

Global headwinds bring down India’s September export growth by 2.5%

New Delhi Sluggish global economic growth and demand specially in major economies like EU, UK and China dragged down India’s exports by 2.5 per cent...

RBI holds rate at 6.50% amid inflation concerns, eyes growth

With economic activity holding up well and expected to be boosted by an expected boost in festive demand conditions, an uptick in investment intentions,...

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