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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…
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…
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…
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
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…
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…
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 …
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…
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 …
ED conducts raids against Hero Motors' Pawan Munjal
The Enforcement Directorate on Tuesday conducted raids against Hero Motocorp executive chairperson …
PTI
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…
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…
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…
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…
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…
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…
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…
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
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…
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…