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2 mins read
Hero Motors files draft papers for Rs 900-crore IPO, may consider pre-IPO fundraising
The company may consider a pre-IPO placement of Rs 100 crore. If this placement is completed, the f…
3 mins read
No festive cheer for auto cos in March: PV sales ‘flattish’, 2Ws to see a slight uptick
The Indian auto sector could be looking at mixed performance in March due to a combination of errat…
8 mins read
Passenger vehicle sales steady, commercial vehicles drive growth in March
The Indian auto industry’s March sales numbers were in line with analyst expectations. Commercial v…
2 mins read
Hero MotoCorp Q4 PAT up 16.7% at ₹943.46 crore
Consolidated revenue from operations during the quarter under review stood at Rs 9,616.68 crore …
PTI
3 mins read
EV sales expected to grow by over 65% in 2024, double its overall market share
Indian EV makers had a great year in 2023, nearly doubling their sales compared to 2022, despite th…
2 mins read
Passenger vehicles record 11.3% growth in February 2024, two-wheelers record 35% growth
The Indian auto companies continued to perform well in February 2024, starting the year on a positi…
3 mins read
TVS Motor’s Q4 net profit jumps 49% on year to ₹410 crore
TVS Motor’s standalone net profit jumped 49% to ₹410 crore in March quarter from ₹275 crore during …
4 mins read
Three out of five smartphones sold above ₹45,000 in India were iPhones between Jan-March: Counterpoint
India’s smartphone shipments have declined in Q1 2023, making it the third consecutive quarter to r…
4 mins read
Tata Motors rallies nearly 8% on strong JLR sales in March quarter; Analysts bullish with an eye on margins
Shares of Tata Motors rose on Monday after the automaker’s global wholesale vehicle sales recorded …
1 min read
ED conducts raids against Hero Motors' Pawan Munjal
The Enforcement Directorate on Tuesday conducted raids against Hero Motocorp executive chairperson …
PTI
2 mins read
Hero Electric tops two-wheeler EV sales charts in August, Ola Electric saw declined
Hero Electric once again led the Indian electric vehicle (EV) two-wheeler segment in August, sellin…
7 mins read
April Auto Sales: Maruti Suzuki flags decline in bookings in April, electric two-wheelers lose momentum due to FAME-II irregularities
India’s largest car maker Maruti Suzuki sounded a note of caution for the automobile sector stating…
5 mins read
Passenger vehicles to continue driving auto sales in February, EVs gain a stronghold
A robust demand for passenger vehicles (PVs) is expected to boost India’s auto sales numbers for th…
8 mins read
Tata Motors reports highest passenger vehicle sales in 9 years — Maruti, Ashok Leyland, outperform street expectations
Indian auto-manufacturers reported a mixed bag of sales in February as the slowing demand and suppl…
5 mins read
FY23 Scorecard: TVS Motor fares better than Bajaj Auto, Hero MotoCorp on profits and margins
All the automakers have delivered growth in profitability and sales. This is reflected in the ov…
4 mins read
Sensex, Nifty50 slip amid weak global cues: HDFC twins tumble over 5%
Both the indices were down by 0.60% – Sensex was hovering at 61,359 points, while Nifty50 was at 18…
3 mins read
Sensex, Nifty50 end flat amid volatility: Auto, realty stocks and PSU banks rise
India’s equity markets ended flat on Monday, the first trading day of FY24 after gaining during ini…
3 mins read
Apple hits record quarterly growth in India: Country at a tipping point, says Tim Cook
Apple CEO Tim Cook has said India is an "incredibly exciting market" and a "major focus" for the co…
PTI
4 mins read
Russia-Ukraine war, dipping auto sales dampen market mood – Maruti, ICICI Bank, HDFC Bank, Hero MotoCorp amongst top losers
Escalation of tensions in the ongoing Russia-Ukraine war has led the Sensex and Nifty plunge by ove…
1 min read
Honda to hike Amaze prices up to ₹12,000 from April to offset high input costs
Honda Cars India plans to raise prices of its entry-level compact sedan Amaze by up to ₹12,000 in o…