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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…
Electric two-wheeler sales declined in August 2024, but year-on-year growth continues
After months of subdued sales, the Indian electric two-wheeler market bounced back in July 2024, cr…
Ola Electric continues to lose market share as Bajaj Auto and TVS Motor gain
The Indian electric two-wheeler market has reported subdued sales in September 2024, with 88,156 el…
Why has Bernstein called India’s EV sector 'irrelevant'?
Even with hefty incentives, incumbent OEMs are still unprofitable, the report stated.
India’s auto sales to ride on two wheels in 2024
Two wheeler sales are expected to see double digit growth for the next two years, outpacing passeng…
Electric two-wheeler sales cross the 1 lakh mark after four months, Ola Electric leads the market
The Indian electric two-wheeler market is finally recovering after months of subdued sales after th…
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 …
Time to buy your new hot wheels? Automakers set to increase prices of vehicles to meet stricter emission norms
Starting from Tata Motors, Maruti Suzuki and Honda to Hero MotoCorp, several automakers have inc…
ED conducts raids against Hero Motors' Pawan Munjal
The Enforcement Directorate on Tuesday conducted raids against Hero Motocorp executive chairperson …
PTI
TVS Motor becomes more valuable than its peer Hero MotoCorp
Chennai-based automaker TVS Motor Company has achieved a milestone by becoming more valuable than i…
Nifty, Sensex bounce back on Friday but experts see resistance at higher levels
Indian benchmark indices bounced back on Friday as the global economic outlook improved. The United…
Tata Motors, Hero MotoCorp stocks slip after April sales disappoint; Maruti Suzuki, TVS Motor, Eicher Motors rise
Shares of automobile companies remained in focus on Tuesday after the April sales data of Tata Moto…
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…
Smooth ride for M&M in June but Bajaj and Hero Motocorp stutter
Toyota experienced a 19% surge in sales in June, while Kia India saw a 19% decline in sales volumes…
HDFC, HDFC Bank, auto firms among stocks to watch out on July 4
Indian markets may open slightly negative as SGX Nifty, an early indicator of the market, was down …
Bhakti Makwana
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…
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…
ASK Automotive files draft papers with SEBI to mop up funds via IPO
ASK Automotive has filed preliminary papers with capital markets regulator Sebi to raise funds thro…
PTI
TVS, Ather, Ola hike prices of electric two-wheelers as new subsidy norms kick in
Electric two-wheeler makers TVS Motor Company, Ather Energy and Ola Electric have increased prices …
PTI
Market resilience prevails: Sensex-Nifty rally to close higher despite initial slump
The BSE Sensex surged by 305.09 points, closing at 73,095.22, while the Nifty50 climbed 76.30 point…