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New Delhi: Domestic passenger vehicle sales rose by 16% in March, elevating annual volumes to a record 4.7 million vehicles in the just-ended fiscal year, largely fuelled by enhanced affordability after tax cuts last September and introduction of several new models. Sales of cars, sedans, and utility vehicles rose 8.3% to 4.7 million units in FY26, from 4.34 million units the year before. The Centre cut the goods and services tax (GST) on passenger vehicles with effect from September 22. Compan ...Read More >
Bhopal, Apr 1 (PTI) Combine harvesters used for agricultural purposes will now be exempted from toll payment at plazas operated by Madhya Pradesh Road Development Corp (MPRDC) as part of the state's commitment towards farmer welfare, Chief Minister Mohan Yadav said on Wednesday. Numerous decisions are being taken in the interest of agriculturists to realise the vision of "Prosperous Farmers, Prosperous State" in the Farmer Welfare Year 2026. As part of pro-farmer initiatives, combine harvesters ...Read More >
New Delhi, Apr 1 (PTI) Auto components maker Kay Jay Forgings Ltd has filed draft papers with markets regulator Sebi to raise Rs 360 crore through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares aggregating to Rs 300 crore and an offer for sale (OFS) of shares worth Rs 60 crore by promoters, taking the total issue size to Rs 360 crore, according to the draft red herring prospectus (DRHP). The company may also consider a pre-IPO placement of up to Rs ...Read More >
Haryana Chief Minister Sh. Nayab Singh Saini said the state government has today released Rs. 380 crore for Bajra-producing farmers under the Bhavantar Bharpai Yojana. He said prosperity in the state is not possible without the prosperity of farmers, and therefore, farmers' welfare remains the top priority of the government. Farmers are provided subsidies on agricultural machinery from sowing to harvesting. In case crops are damaged due to natural calamities, provisions for compensation and cro ...Read More >
Mahindra & Mahindra on Monday said its total sales increased 19 per cent year-on-year to 92,670 units in November. In the passenger vehicle segment, the company sold 56,336 vehicles in the domestic market, a growth of 22 per cent over 46,222 units in the year-ago period, Mahindra & Mahindra (M&M) said in a statement. The domestic sales for commercial vehicles stood at 24,843, a growth of 17 per cent year-on-year, it added. Mahindra & Mahindra's Farm Equipment Business reported sales of 42,273 t ...Read More >
Haryana: Govt subsidy on agri equipments contained stubble burning to great deal, say farmers Karnal: While the Delhi-NCR region braces for stubble-burning and subsequent air pollution every year, Haryana's farming community has thrown up a 'national model' for sustainable crop residue management, as it has recorded a remarkable 95 per cent reduction in paddy stubble-burning incidents during the 2025 harvest season. According to data sourced from the Indian Council of Agricultural Research (IC ...Read More >
Gorakhpur (Uttar Pradesh) [India], October 18 (ANI): Union Minister for Agriculture & Farmers' Welfare, and Rural Development, Shivraj Singh Chouhan, today interacted with our rural brothers and sisters during a 'Gram Chaupal' organised at Dumri Khurd village in Gorakhpur in Uttar Pradesh. A large number of locals, farmers, Self Help Group (SHG) members, and Panchayat representatives participated on the occasion, according to the release of Ministry of Agriculture & Farmers Welfare. Also Read ...Read More >
VIJAYAWADA: In a bid to ensure the benefits of GST 2.0 reach every household, the Andhra Pradesh government has launched a comprehensive awareness campaign titled 'Super GST - Super Savings'. The initiative aims to educate citizens about the benefits of GST reforms through a series of awareness programmes across the State. During a video conference at his camp office on Monday, Chief Minister Nara Chandrababu Naidu reviewed the GST 2.0 campaign's progress with the Cabinet Sub-Committee, direct ...Read More >
Chennai: Mahindra and Mahindra (M&M) has entered into a share purchase agreement (SPA) with Turkish company Tera Yatirim Teknoloji Holding Anonim Sirketi (TERA). As part of the SPA, M&M has agreed to sell its entire stake in its wholly-owned Finnish subsidiary Sampo Rosenlew Oy to TERA for around Rs 52 crore or euro 5 million. "Consequent to completion of the aforesaid transaction, Sampo would cease to be a wholly owned subsidiary of the company," said M&M in an official statement. "This divesti ...Read More >
Vijayawada: A major awareness campaign on the benefits of GST 2.0 reforms will be held in Andhra Pradesh on September 30 and October 1, with a special focus on farmers and allied sectors. District, mandal and RSK-level seminars, tractor rallies, and farm machinery exhibitions are being organised to explain the extensive tax relief measures. Director of agriculture Dilli Rao said on Sunday that under the new GST policy, effective from September 22, the tax rate on fertilisers, pesticides, micron ...Read More >
New Delhi, Sep 16 (PTI) Mother Dairy on Tuesday said it will pass on 100 per cent GST reduction benefits to consumers and most of its products including value-added dairy products and processed foods (under Safal brand) will become cheaper with effect from September 22. Mother Dairy, a wholly-owned subsidiary of National Dairy Development Board (NDDB), said that prices of paneer (200 gms) will come down from Rs 95 to Rs 92, Ghee Carton Pack (1 litre) from Rs 675 to Rs 645, and butter 100 gm fro ...Read More >
Mumbai: Tata International has finalised a joint venture with Mercuria that would entail the Swiss energy and commodity trading firm acquiring a 51% stake in the Tata trading arm, said people familiar with the matter. The alliance reflects several geopolitical headwinds weighing on Tata International's global operations. It is expected to give Mercuria a greater role in steering the Noel Tata-led company's trading business, the people told ET. They did not disclose the value of the stake Mercur ...Read More >
CNH is preparing to add a fourth manufacturing facility in India, a move that underlines the company's intent to scale up production capacity and achieve a double digit tractor market share in the medium term. The new unit, which will become CNH's second tractor plant in the country, is under evaluation with land acquisition talks in progress. The site will be larger than the company's existing Greater Noida factory and designed to scale in phases. Gerrit Marx, Chief Executive Officer, confirme ...Read More >
India and New Zealand have resumed negotiations after a decade for a free trade agreement. The talks face challenges due to tariff disparities and demands in sectors like dairy from New Zealand. Trade and services between the two nations include varied goods and sectors such as IT and education. India and New Zealand have commenced their second round of negotiations for a much-anticipated free trade agreement, aimed at enhancing bilateral commerce and investments. The ongoing discussions, expec ...Read More >
Chennai : TAFE, one of the world's largest manufacturers of tractors and farm equipment, announced today that a comprehensive settlement and resolution has been reached with AGCO on all matters relating to brand, commercial issues and shareholding. The settlement encompasses the following key features: · Ownership of Massey Ferguson brand will rest with TAFE as the sole and exclusive owner for India, Nepal and Bhutan including all rights, title and interest in "Massey Ferguson" and related tra ...Read More >
BusinessWire India Chennai (Tamil Nadu) [India], July 1: TAFE, one of the world's largest manufacturers of tractors and farm equipment, announced today that a comprehensive settlement and resolution has been reached with AGCO on all matters relating to brand, commercial issues and shareholding. The settlement encompasses the following key features: * Ownership of Massey Ferguson brand will rest with TAFE as the sole and exclusive owner for India, Nepal and Bhutan including all rights, title a ...Read More >
New Delhi [India], July 1 (ANI): Escorts Kubota Limited reported a 2.2 per cent rise in total tractor sales for June 2025, selling 11,498 tractors compared to 11,245 units in June 2024. According to Escorts Kubota Limited, the company's Agri Machinery Business showed strong export growth, even as domestic sales remained steady. Domestic tractor sales stood at 10,997 units in June 2025, slightly lower than 11,011 units in the same month last year. However, export sales more than doubled, reachi ...Read More >
New Delhi [India], July 1 (ANI): Escorts Kubota Limited reported a 2.2 per cent rise in total tractor sales for June 2025, selling 11,498 tractors compared to 11,245 units in June 2024. According to Escorts Kubota Limited, the company's Agri Machinery Business showed strong export growth, even as domestic sales remained steady. Domestic tractor sales stood at 10,997 units in June 2025, slightly lower than 11,011 units in the same month last year. Also Read | 'Bade Achhe Lagte Hain 4': New Twis ...Read More >
NEW DELHI, June 29: Farm machinery and construction equipment major Escorts Kubota Ltd is gunning for the number two spot in the Indian tractor market by combining the Indian firm's cost competitiveness with the Japanese partner's technology and quality strengths as part of its future plans, according to its top officials. The company, formed after Japan's Kubota Corporation acquired a majority stake in Escorts Ltd in a multi-structured merger deal announced in 2021, is working to finalise a mid ...Read More >
Mumbai, Dec 17 (PTI) Agri-solutions provider Coromandel International and Mahindra and Mahindra's farm equipment sector business vertical, Krish-e, on Tuesday announced a partnership to extend Coromandel's drone spraying services, Gromor Drive. Currently operational in seven key states of Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Maharashtra, Madhya Pradesh and Uttar Pradesh, Gromor Drive's operations are supported by RPTO-trained pilots, according to a joint statement. Coromandel's dr ...Read More >
Chennai, Dec 17 (PTI) Agri-solutions provider Coromandel International Ltd has signed a strategic partnership with Krish-e, the farm equipment business vertical of Mahindra and Mahindra Ltd, to offer its drone spraying service 'Gromor Drive' to the farming community, a top company official said on Tuesday. The service is currently available in Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Maharashtra, Madhya Pradesh, and Uttar Pradesh. Gromor Drive operations are supported by pilots trained ...Read More >
Hyderabad, Dec 11 (UNI) The International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) has said it was granted its first industrial design in India for a Solar-Powered Water Hyacinth Harvester developed by a team of scientists. The harvester is simple, affordable, and can be efficiently managed by semi-skilled or unskilled personnel, the Institute said in a release here. The solar-powered equipment, designed and fabricated in-house, is an affordable solution priced at under Rs ...Read More >
New Delhi [India], December 3 (ANI): The automobile company Mahindra Electric Automobile Limited (MEAL) on Tuesday clarified its position on the lawsuit filed by IndiGo Airlines regarding the use of "6E" for its recently unveiled electric vehicle in the SUV segment. A spokesperson for the company stated that Mahindra does not see a conflict, as its mark is "BE 6e," not the standalone "6E," which IndiGo uses as its registered call sign under airline services. According to an Economic Times repo ...Read More >
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