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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…

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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…

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Global automakers scale back electric vehicles, turn towards hybrids

Global electrification, previously driven by strong electric vehicle sales, is now showing signs of…

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2 mins read

Auto stocks recover after Gadkari clarifies his '10% additional GST on diesel vehicles' comment

The auto index, Nifty Auto, recovered from its 400 point or approximately 2.5% fall after ​​Union M…

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3 mins read

JSW Group and SAIC Motor’s JV ‘JSW MG Motor India’ set to up production to 3 lakh vehicles a year with a new car every 3-6 months

Chinese auto giant SAIC Motor and Indian conglomerate JSW Group have partnered to launch a new join…

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4 mins read

Budget 2024: Three things the insurance sector want from FM Sitharaman this budget.

At present, individuals aged below 60 can claim an annual deduction of up to Rs 25,000 towards heal…

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2 mins read

General Motors is using Costco to help it sell more EVs

General Motors partners with Costco to sell EVs through its Auto Program, which offers members disc…

Tom Carter   


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3 mins read

Budget 2024 Expectations: FAME scheme, aid for vehicle scrapping and other expectations of the auto industry

The auto industry eagerly awaits Budget 2024 with expectations like FAME 3 scheme, incentives for h…

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2 mins read

New EV Policy: Elon Musk’s Tesla may soon enter India as import taxes slashed for electric vehicles

In what may come as a big boost to Tesla’s plans to enter India, the Indian government has announce…

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4 mins read

Tata Motors Q4 consolidated net profit jumps over 3-fold at ₹17,528.59 crore

Total consolidated revenue from operations stood at Rs 1,19,986.31 crore, as compared to Rs 1,0…

PTI   


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4 mins read

Electrifying auto market: Planning to buy an EV, compare their price with petrol, diesel and CNG variants

Electric Vehicles (EVs) are here to take over the auto market. In the US, this growing trend is clo…

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1 min read

Tata Motors total vehicle sales rise to 81,069 units in January

Domestic vehicle sales were up 10 per cent at 79,681 units in the previous month over 72,485 units …

PTI   


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3 mins read

After languishing since FY19, two-wheeler growth to outpace passenger vehicles in FY24-25

The future looks brighter for India’s two wheeler makers who have seen a volume decline of nearly 3…

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6 mins read

Tamil Nadu government is upset about losing money on luxury cars

The Tamil Nadu government recently released a white paper ⁠— and the state’s Finance Minister Palan…

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2 mins read

Confident of achieving 13,814-km highway construction target this fiscal: Road secy

The Ministry of Road Transport and Highways (MoRTH) is confident of achieving the highways construc…

PTI   


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Tata Motors acquires Ford’s manufacturing plant in Gujarat for ₹726 crore

Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors, on Monday announced …

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4 mins read

Maruti, Tata, Hyundai and others to give a big push to India’s electric vehicle boom with at least $5 billion in investment in the next six years

Companies like MG Motors, Tata Motors and many others have already laid out their plans to invest a…

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1 min read

TVS Motor Q1 net profit jumps 46% to ₹468 crore, revenue up 20%

TVS Motor Company on Monday posted a 46% jump in its first quarter net profit at ₹468 crore, compar…

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4 mins read

Tata Technologies IPO: The price is right say analysts

The initial public offer (IPO) of Tata Technologies is opening its subscription alongside four othe…

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4 mins read

Tata Technologies IPO to open on November 22, price band fixed at ₹475-500

Tata Technologies’ ₹3,042 crore initial public offer (IPO) will open for subscription on November 2…