India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
Hyderabad: The Indian automotive market was busy with numerous car launches in March 2026. It includes the introduction of popular mid-size SUVs such as the Skoda Kushaq facelift, the all-new Renault Duster, and facelifts of Hyundai Exter and Verna. Along with these, variants of the Kia Sonet and Tata Harrier EV were also rearranged. While in the luxury category, Lexus launched its first electric vehicle (EV), the ES 500e, in India. The month of April 2026 is expected to continue the string of exciting launches with the MG Majestor and Volkswagen Taigun facelift being introduced for sale, while the German automaker, Mercedes Benz set to launch its entry-level luxury EV, CLA EV, and Toyota's first all-electric offering, Urban Cruiser Ebella, in India. Volkswagen is expected to debut the updated Taigun on April 9, 2026, following the mid-cycle refresh of its platform-sharing sibling, the Skoda Kushaq. Built on the same MQB-A0-IN architecture, the facelifted Taigun will gain a new 8-speed torque converter automatic gearbox paired with the 1.0-litre turbo-petrol engine, while other powertrain options remain unchanged. Exterior changes are expected to include a Tiguan-inspired connected LED headlight strip, illuminated VW logos and revised LED taillights. Inside, an upgraded 10.25-inch driver's display and a panoramic sunroof are anticipated. Whether the Kushaq's segment-exclusive rear massaging seats will carry over to the Taigun remains to be seen.
India's Ministry of Corporate Affairs (MCA) has announced an ongoing investigation into three electric vehicle (EV) manufacturers for allegedly availing government subsidies fraudulently. The total sum in question amounts to approximately Rs2.97bn (about $35m). The firms under scrutiny, Hero Electric Vehicles, Benling India Energy and Technology, and Okinawa Autotech; they are accused of violating guidelines tied to FAME II. FAME II was launched in 2019 by India's Ministry of Heavy Industries (MHI), that aimed to promote local EV manufacturing and drive electrification in India. It is mainl ...Read More >
Mumbai : Honda Cars India Ltd. (HCIL), a leading premium car manufacturer in India today launched two exclusive editions of its popular SUV - Honda Elevate Black Edition and Honda Elevate Signature Black Edition. These exclusive editions have been introduced in new Crystal Black Pearl colour. Introduced in response to a popular demand received from the market, these premium black editions will cater to customers who are seeking a bold, sophisticated and distinctive designed SUV experience from Honda. Speaking about the new Black Editions of the Honda Elevate, Mr. Takuya Tsumura, President and ...Read More >
Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside Law College. According to the police, the accused named in the FIR will be produced before the A.C.J. ...Read More >
New Delhi: India's electric vehicle market witnessed mixed trends in June 2025, with electric cars, two-wheelers, and buses registering growth while sales of passenger and cargo electric three-wheelers declined month-on-month, according to a report by JMK Research & Analytics. Sales of high-speed electric two-wheelers (E2Ws) rose 5 per cent month-on-month to 1,05,282 units in June. The top three players continued to dominate the segment, accounting for about 65 per cent of the total registrations. Passenger electric three-wheeler (E3W) sales stood at 51,698 units in June, showing a 7 per cen ...Read More >
The BE 6e, just as its name sounds, stands out as a futuristic, power-packed, and sporty electric Mahindra SUV on Indian roads. The highly anticipated Mahindra BE 6e, an all-electric compact SUV, has been finally launched at an introductory price of Rs 18.9 lakh (ex-showroom). Globally revealed alongside its sibling, the XEV 9e, this born-electric offering from Mahindra seems to be good enough (on-paper) to position itself as India's answer to luxury compact SUVs from global brands. With its futuristic design, a wealth of modern features, and an impressive power output - the highest in its fa ...Read More >
CHENNAI: Hyundai Motor Group has partnered with three Indian Institutes of Technology (IITs) to establish a collaborative research system in the fields of batteries and electrification. The three institutes are IIT Madras, IIT Delhi and IIT Bombay. The Hyundai Centre of Excellence (CoE), which will be set up on IIT Delhi campus, will operate through sponsorships from Hyundai Motor Group. The primary objective of the Hyundai CoE is to take the lead in driving advancements in batteries and electrification, specifically designed to meet the unique requirements of the Indian market. Hyundai Mo ...Read More >
New Delhi, Jun 30 (PTI) VinFast Auto India on Monday said it has tied up with myTVS for after-sales support as the electric car maker prepares to launch its first vehicle in the country. VinFast aims to establish 120 extended service workshops by partnering with potential service providers to boost its after-sales operations across India. Under the strategic collaboration, myTVS will ensure VinFast customers receive comprehensive service coverage across the nation, the electric vehicle maker said in a statement. The collaboration is also aimed at strengthening VinFast's charging network acr ...Read More >
In an interaction with PTI here, Stellantis India CEO and MD Shailesh Hazela said that any investor who comes to India would like to see a little longer horizon in terms of policies. "So our wishlist for the government is that whatever they decide to put across, it should be for a longer period," Hazela stated when asked about government actions which could propel growth of Indian auto industry. It would be great if there could be uniformity in policies across the country in terms of EVs (elect ...Read More >
Mumbai, July 1 (SocialNews.XYZ) Tata Motors on Tuesday reported an 8.47 per cent decline in total sales as the carmaker sold 2,10,415 units in the April-June quarter of FY26, compared to 2,29,891 units sold during the same period previous year (Q1 FY25). Both commercial and passenger vehicle segments saw a drop in numbers. Commercial vehicle sales stood at 85,606 units, down 6 per cent year-on-year (YoY), while passenger vehicle sales dropped 10 per cent to 1,24,809 units. Domestic sales for Tata Motors in June 2025 also fell 12 per cent compared to June 2024. However, the company saw some ...Read More >
New Delhi: Perhaps you do not know, because Mahindra has once again prepared to make a big bang in the auto market. This time the company is ready to create a big stir on the occasion of Independence Day. The company has prepared to unveil many new concept vehicles and a new platform during its special program Freedom NU in Mumbai. The model that is being discussed the most among these cars is Mahindra Vision T. It can be liked a lot among the customers in the market, which will create a stir among everyone. It can get a good response among the customers. You can know the important updates re ...Read More >
New Delhi, Jan 2 (PTI) Stakeholders from the electric vehicle (EV) sector will hold a meeting with Commerce and Industry Minister Piyush Goyal here on January 3 on issues, including infrastructure related to charging and battery swapping, sources said. They said that officials from the Department of Heavy Industries are expected to attend the meeting. Also Read | SOF NSO Results 2024-25 Out at sofworld.org: National Science Olympiad Exam Result Released, Get Direct Link and Know Steps To Download. Representatives from Tata, Mahindra, Mercedes-Benz India, Hero MotoCorp, and other companies h ...Read More >
New Delhi: JSW MG Motor India on Friday announced their foray into the 'accessible luxury' electric car segment with the unveiling of two new models - MG Cyberster, India's first all-electric Roadster and the MG M9, the first electric three-row limousine, slated to be launched this year. Accessible luxury is usually referred to high-quality products that are priced lower than traditional luxury goods. The two models were unveiled at the Bharat Mobility Global Expo 2025 and the debut was under its new luxury brand channel, MG Select. "Today, EV penetration in India is still very, very low. It ...Read More >
New Delhi, Jun 2 (PTI) Global automobile makers including Mercedes Benz, Skoda-Volkswagen, Hyundai and Kia have shown interest in manufacturing electric cars in India, Union Heavy Industries Minister H D Kumaraswamy said on Monday. The said companies have expressed interest during the stakeholder discussions between the government and the industry regarding the 'Scheme to Promote Manufacturing of Electric Passenger Cars in India', the detailed guidelines for which were unveiled by the minister. While the scheme was notified on March 15 last year, its guidelines were issued on Monday. Offici ...Read More >
The Hyundai Tucson has received 5-star rating on the Bharat NCAP crash test and has become the first Hyundai SUV to do so. The most premium SUV offered by the South Korean manufacturer joins the Mahindra and Tata SUVs in the list of 5 star SUVs offered in India. The Hyundai Tucson scores 30.84 out of 32 in the adult occupant protection. It has scored 41 out of 49 in the child occupant protection. It received OK in the side pole impact test. The model of Hyundai Tucson that was tested by the Bharat NCAP was the top-spec 2.0-litre petrol-AT Signature variant. The particular variant gets six air ...Read More >
Mahindra's total sales volumes stood at 79,083 in November 2024 with the company's SUV lineup making up a major share of 46,222 units Mahindra has released its sales data for November 2024. Sales of the company's passenger vehicles have improved to 46,222 units which was a 15.16% YoY growth from 39,981 units sold in Nov 2023. This related to a 6,241 unit volume growth. MoM sales however fell by 15.20% when compared to 54,504 units sold in Oct 2024 relating to a decline by 8,282 units. The company has just released two Electric Origin SUVs called the BE6e and XEV9e. Both these models are buil ...Read More >
New Delhi: Rare earth magnets, essential for EV motors, have become the latest flashpoint in India's growing electric mobility ambitions. These magnets power the core of Brushless DC (BLDC) and Permanent Magnet Synchronous Motors (PMSM), which drive most electric vehicles today, particularly two-wheelers. With China tightening export controls, Indian automakers now face serious supply-side disruptions. If the situation continues, industry experts warn that EV prices could rise, production could slow and expansion plans may take a hit. In April this year, China imposed an export curb on rare- ...Read More >
Sample of Earth Minerals. (Representative) Quick Read Summary is AI generated, newsroom reviewed. India is negotiating with companies to create long-term rare earth magnet stockpiles. The initiative aims to reduce dependence on China, which controls 90% of magnet processing globally. The government is considering fiscal incentives to boost domestic production of rare earth magnets. New Delhi: India is holding talks with companies to establish long-term stockpiles of rare earth magnets by offering fiscal incentives for domestic production, people familiar with the matter said. Building ...Read More >
Mumbai, July 1 (SocialNews.XYZ) German luxury car manufacturer Audi on Tuesday announced the sale of 2,128 units in India in the January-June period this year. According to the automaker, 'Audi Approved: plus', the pre-owned car business, showed resilience with steady performance and grew by 10 per cent in the January-June period (H1 2025). The brand currently has 26 pre-owned car facilities and will be adding more facilities this year. "While H1 2025 presented unique market challenges, we have used this period to strengthen our foundation for sustainable growth. By prioritising a luxury-fi ...Read More >
Mumbai (Maharashtra) [India], July 7 (ANI): Skoda Auto Volkswagen India on Monday announced the addition of Bentley, the legendary British brand, as the sixth marque under the Group's umbrella. From July 1, 2025, Skoda Auto Volkswagen India has been exclusively importing, distributing and servicing Bentley vehicles across the country, deepening the Group's commitment to India's rapidly expanding luxury car arena. Also Read | Ahmedabad Shocker: 21-Year-Old Woman Dies by Suicide After Ex Refuses To Delete Intimate Video in Chandkheda; 1 Arrested, Probe Launched. All marketing, sales, and afte ...Read More >
The XEV 9e is fast and even in the lower range mode feels smooth along with lots of performance.Source : Somnath Chatterjee Electric cars are different and Mahindra has thrown everything at their new range of EVs in terms of a new electric architecture along with specifications normally seen on luxury cars. The XEV 9e based on the Inglo platform is the bigger and more premium EV which starts at Rs 21.9 lakh while coming with two battery pack options- 59 and 79kwh. The 79 kwh battery pack means 656 km range and 284 bhp which means 0-100 km/h is just 6.8 seconds. The big XEV has lots of road p ...Read More >
Hyderabad: Honda Cars India Limited (HCIL) has launched the most awaited facelift of the Amaze today at an introductory price of Rs 7,99,990 (ex-showroom, Delhi). With new styling along with segment-first ADAS suite, Honda Connect, and features packed in, the third-generation Amaze will directly rival the recently launched Maruti Suzuki Dzire in the Indian market. 2025 Honda Amaze: Design The most noticeable feature of the sedan is its updated design. The front grille has a honeycomb design and a set of Bi Projector LED headlights and fog lamps at the bottom, similar to Honda Elevate. Coming ...Read More >
Jeep India has reintroduced the Meridian Limited (O) AT 4×4 variant, priced at Rs 36.79 lakh. This variant was part of the initial launch but was discontinued with the minor facelift last year. Now, the bookings for the Meridian Limited (O) AT 4×4 are open at Jeep dealerships across India. The Limited (O) 4×4 variant is priced Rs 2.3 lakh more than the 4×2 AT variant (Rs 34.49 lakh) and Rs 1.7 lakh less than the premium Overland 4×4 (Rs 38.49 lakh). It includes 4×4 tech such as terrain modes and hill-descent assist, closely mirroring the Overland trim, but without the Level 2 ADAS suite and l ...Read More >
Pune: Maruti Suzuki, India's biggest car maker, on Friday said it aims to be the largest producer of electric vehicles in the country and make India the export hub over the next one year. The Japanese giant will take on EV market leader Tata Motors, Mahindra and MG Motor in the electric car game in the country. To realize its goals Maruti Suzuki, which unveiled its first electric SUV e-Vitara at the Bharat Mobility Global Expo 2025 in New Delhi on Friday, will introduce a range of six electric vehicle models by 2030. Suzuki Motor Corporation representative Director and President Toshihiro S ...Read More >
Delhi : Reinforcing its commitment to Carbon Neutrality and clean energy innovation, Toyota Kirloskar Motor (TKM) today exchanged a Memorandum of Understanding (MoU) with Bengaluru-based Ohmium International, a leading PEM hydrogen technology provider, to co-develop Green Hydrogen-based integrated power solutions in India. This strategic undertaking highlights Toyota's pivotal role in fuel cell technology and advancing Green Hydrogen as the clean fuel of the future. It highlights the company's relentless efforts to foster a robust Hydrogen economy across mobility and stationary applications. ...Read More >
Pune, January 27, 2022: In tune with their "Sportification of India" theme, Tata Motors, India's leading multinational automobile manufacturer will continue to proactively support the Tata Open Maharashtra tennis tournament, for the fourth consecutive year, from January 31 to February 6, 2022, at the Balewadi stadium here. This year, India's safest hatchbacks, Tata Altroz on its second anniversary, will be the lead car from Tata Motors Passenger Vehicles. The Tata Open Maharashtra, South Asia's only ATP (Association of Tennis Professionals) tournament and the country's oldest sporting interna ...Read More >
Mumbai, Jul 3 (PTI) German premium car maker BMW group on Thursday reported a 10 per cent jump in total sales in India at 7,774 units in the January-June period of 2025 over the same period year-ago, The Group had sold 7,081 units of BMW and Mini brands of cars in India in the first of CY 2024. Besides, the company also retailed 2,569 Motorrad brand of motorcycles during the period under review. The company also said it continued its leadership position in the luxury electric vehicle sales in India with a massive 234 per cent year-on-year growth in volumes at 1,322 units of BMW and MINI EVs ...Read More >
Gurgaon/Noida: "In the pink of health," Pradeep Pachauri insists of his Nissan Sunny, which he has kept parked in the garage of his Gurgaon house in Sector 37D, of late, fearing the car will be seized if he takes it to Delhi. "My car is parked in the garage, and I have been taking cabs to go to Delhi. Imagine," says Pachauri, whose diesel-powered sedan has run less than 1 lakh km in 10 years. "The car is in good running condition. I have an up-to-date Pollution Under Control (PUC) certificate for it. When I bought the car in 2015, I also paid a one-time road tax for 15 years. Despite adhering ...Read More >
Syros will be the 7th car from Kia in India after Sonet, Carens, Seltos, Carnival, EV6 and EV9 Kia has officially announced that the global debut of its highly anticipated compact SUV, Syros, will take place on December 19. After multiple teasers, this announcement adds to the excitement around Kia's latest offering, which is set to bridge the gap between the popular Sonet and Seltos in the brand's lineup. Designed to cater to the evolving needs of Indian customers, Syros aims to be a game-changer in the fiercely competitive compact SUV segment. The Syros is already drawing attention with it ...Read More >
New Delhi, Dec 3 (PTI) Mahindra & Mahindra on Tuesday said it is in discussions with InterGlobe Aviation, which owns IndiGo airlines, to find an amicable solution regarding a trademark issue over the use of "6e" in its all-new electric model. The automaker, which introduced two electric brands -- BE 6e and XEV 9e -- earlier this month, said its trademark 'BE 6e' differs from IndiGo's '6E', eliminating any risk of confusion. IndiGo uses 6E as the airline designator code. "We have taken on board the concerns that InterGlobe Aviation Ltd have to infringement of their goodwill, which was not ou ...Read More >
New Delhi, Jan 2 (PTI) Stakeholders from the electric vehicle (EV) sector will hold a meeting with Commerce and Industry Minister Piyush Goyal here on January 3 on issues, including infrastructure related to charging and battery swapping, sources said. They said that officials from the Department of Heavy Industries are expected to attend the meeting. Representatives from Tata, Mahindra, Mercedes-Benz India, Hero MotoCorp, and other companies have been invited to the deliberations, they added. Earlier in March last year, the government rolled out an electric-vehicle policy, under which duty ...Read More >