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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…

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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…

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2 mins read

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…

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3 mins read

Why has Bernstein called India’s EV sector 'irrelevant'?

Even with hefty incentives, incumbent OEMs are still unprofitable, the report stated.

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3 mins read

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…

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2 mins read

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…

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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 …

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2 mins read

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…

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1 min read

ED conducts raids against Hero Motors' Pawan Munjal

The Enforcement Directorate on Tuesday conducted raids against Hero Motocorp executive chairperson …

PTI   


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4 mins read

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…

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3 mins read

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…

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3 mins read

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…

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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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5 mins read

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…

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1 min read

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   


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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…

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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…

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1 min read

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   


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2 mins read

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   


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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…

ANI