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Housing sales across India's top eight cities saw a slight increase in the July-September quarter. New housing unit launches also grew compared to the previous year. Demand in premium segments remains strong. However, affordable housing faces challenges due to price rallies. Developers are encouraged to boost supply in this vital segment to improve affordability for end-users. Sales of residential properties across the top eight cities rose slightly to 96,827 units in July-September on strong d ...Read More >
The GST 2.0 impetus coupled with the festive sentiment gave a fillip to automotive retail in October to record highs, though dealers now expect momentum to moderate as the post-festive phase sets in. October 2025 will go down as the month that redefined records for India's automobile retail industry. The Federation of Automobile Dealers Associations (FADA) on Friday reported that total vehicle registrations surged a whopping 40.5 per cent year on year to 40.24 lakh units, marking the highest-ev ...Read More >
New Delhi : Jindal (India) Limited, part of the prestigious B.C. Jindal Group and one of the leading downstream steel products manufacturers in India, has announced that it has secured orders worth Rs 110 Crore for Metal Beam Crash Barriers (MBCB), so far, in FY26. Additionally, orders worth Rs 120 crore are in the pipeline for the current financial year. The B.C. Jindal Group, promoted by Shyam Jindal, has bagged these contracts for MBCB production from Indian Railways and the National Highways ...Read More >
The investment will be channelled into reviving the automaker's Maraimalai Nagar facility near Chennai in Tamil Nadu, which will be retooled to produce over 200,000 engines annually. Ford Motor Co. plans to invest about ₹32.5 billion ($370 million) in India to manufacture high-end engines for export markets, marking a significant return to local production four years after shutting down operations in the country, according to a person familiar with the matter told Bloomberg. The investment wi ...Read More >
CHENNAI: US automaker Ford Motor Company said it will restart manufacturing in Chennai and commission production of new engines by 2029, backed by a new investment of Rs 3,250 crore.The announcement follows a memorandum of understanding (MoU) signed between Ford and the Tamil Nadu government on Friday.The Chennai plant is expected to have a planned capacity of 235,000 engines annually, with production expected to start in 2029. The project is expected to create over 600 direct jobs."We are pleas ...Read More >
New Delhi: After a gap of about three years, Russia is back among India's top five sources of steel, as Western sanctions force Moscow to reroute exports to Asia. The discounted shipments underscore the stress on Russian exports and India's rising demand for electrical steel used in transformers and electric motors. India imported the highest quantum of electrical sheets -- a kind of speciality steel -- from China, followed by Russia, for the six months ended September, steel ministry data show ...Read More >
The latest investment brings the company's cumulative spending at the site to ₹554 crore since its establishment in 2014. Automotive technologies major Harman, a subsidiary of Samsung Electronics, on Monday announced an investment of ₹345 crore to expand its automotive electronics manufacturing facility in Chakan, Pune. The latest investment brings the company's cumulative spending at the site to ₹554 crore since its establishment in 2014. The expansion includes an immediate outlay of ₹ ...Read More >
He will oversee marketing strategy, strengthen brand positioning, and drive business growth through integrated initiatives across markets Amara Raja Energy and Mobility (ARE&M), the makers of Amaron, Powerzone, and Quanta batteries, on Monday announced the appointment of Chandrasekar Radhakrishnan as its Chief Business Officer - Automotive for India and the SAARC region. In his new role, Radhakrishnan will oversee marketing strategy, strengthen brand positioning, and drive business growth throu ...Read More >
Hyderabad, Oct 27 (UNI) Amara Raja Energy and Mobility Limited (ARE&M), a comprehensive solutions provider in the energy & mobility space and the makers of Amaron, Powerzone, and Quanta batteries, today announced the appointment of Chandrasekar Radhakrishnan as Chief Business Officer (CBO) - Automotive, for India and SAARC region. He will be responsible for driving the Company's marketing strategy in the region, strengthening brand positioning, and enabling business growth through integrated ma ...Read More >
India's electronics manufacturing ecosystem is set for a boost. The government has approved seven key projects under its Electronics Component Manufacturing Scheme. These initiatives will focus on producing essential items like printed circuit boards, camera modules, and copper laminates. This move aims to significantly reduce the country's reliance on imports for critical electronic components. The government has approved the first seven proposals under the Electronics Component Manufacturing ...Read More >
ChipSync acquires Mobimark Labs to enhance its capabilities in connected car technology and automotive infotainment systems. The acquisition aims to integrate Mobimark's expertise in audio testing, boosting ChipSync's position as a leader in infotainment technology and enabling automakers to launch certified systems faster. ChipSync, a leader in connected car technology, has expanded its innovative edge by acquiring Meridian America LLC, known as Mobimark Labs. This Los Angeles-based entity spe ...Read More >
New Delhi [India], October 27: Air Liquide announces today that it has entered into an agreement to acquire the India operations of NovaAir, a leading industrial gas producer and supplier, from PAG, an Asia-focused private equity firm. This acquisition represents another investment for the Group in the country and a strategic milestone in its Indian growth story. Also Read | Nothing OS 4.0 Beta Rolls Out for Phone 3a Pro and Phone 3a Models; Check Details on Visual Upgrades, Lock Glimpse Featur ...Read More >
More than 300 companies are set to announce their results for the second quarter of FY 2025-26 next week. The financial metrics will provide critical insights into the company's performance in the July-September quarter. The upcoming Q2FY26 results will also help to predict their future trajectory. As the companies span across major sectors, the results will also help investors and analysts gauge the broader trends in various industries. Prominent companies scheduled to announce results include ...Read More >
India is embracing sustainable mobility. A new report highlights a strong shift towards electric, hybrid, and alternative fuel vehicles. Government policies and industry investments are driving this change. Several states are leading in electric vehicle adoption. India is following a multi-fuel approach to reduce emissions. New government norms will reward automakers for producing cleaner vehicles. India is rapidly moving toward sustainable mobility through a mix of electric, hybrid, and altern ...Read More >
Over the past six months, shares of Stallion India Fluorochemicals, a maker of refrigerants and industrial gases, have soared an astonishing 465%, turning the once-obscure company into one of India's most-watched midcaps. The rally reflects not just investor enthusiasm, but also a deeper shift underway in India's industrial gases and fluorochemicals sector -- one that's becoming critical to modern infrastructure, from data centres to electric vehicles. Much like technology, gases, too, are in t ...Read More >
Finance Minister Nirmala Sitharaman on Wednesday said that the GST 2.0 reforms, which came into effect from September 22, have given a significant push to the domestic automotive industry, with car sales more than doubling to over half a million units. New Delhi, Finance Minister Nirmala Sitharaman on Wednesday said that the GST 2.0 reforms, which came into effect from September 22, have given a significant push to the domestic automotive industry, with car sales more than doubling to over half ...Read More >
While overall deal volumes remained stable compared to the previous quarter, values spiked sharply due to large-ticket strategic acquisitions. New Delhi: India's automotive sector recorded its strongest quarter in over a year, with 30 transactions valued at $4.6 billion in Q3 2025, according to the Grant Thornton Bharat Q3 2025 Automotive Dealtracker. The surge in deal value was largely driven by Tata Motors' $3.8 billion acquisition of Iveco S.P.A., marking one of the largest outbound automoti ...Read More >
New Delhi [India], October 24 (ANI): Union Minister of Commerce and Industry, Piyush Goyal, held a series of meetings with top business leaders in Germany to strengthen trade and business cooperation between the two countries. The Minister is currently on an official visit to Berlin from October 23, aimed at deepening India's economic engagement with Germany. In a social media post, Goyal said he met the CEO of Schaeffler AG, Klaus Rosenfeld, in Berlin. The two discussed ways to deepen collabo ...Read More >
New Delhi, October 23: In a landmark achievement, the Jimny 5-door SUV has surpassed a cumulative export of 1 lakh units from India, Maruti Suzuki India Limited said on Thursday. Jimny 5-door export journey began in 2023, shortly after the SUV made its debut in India. The SUV, manufactured exclusively in India, has been shipped across more than 100 countries, including Japan, Mexico, and Australia. "Jimny 5-door's entry in Japan in January 2025, under the name 'Jimny Nomade', sparked off an ove ...Read More >
Oct 23 (Reuters) - Tata Technologies (TATE.NS), opens new tab will recruit more local nationals in the United States, its top boss said, as the Indian engineering services provider reacts to U.S. President Donald Trump's wide-ranging immigration crackdown. The United States plans to charge businesses a steep fee for H1-B visas, used by tech majors including Amazon.com (AMZN.O), opens new tab and Meta Platforms (META.O), opens new tab, in a move the Trump administration said would shield America ...Read More >
New Delhi: Demand at India's top carmakers saw a sharp spike after cuts in goods and services tax (GST) rates late in September coincided with the Navratri to Diwali festive season sales when companies recorded double-digit growth. The good news for the industry now is that there are early signs that the momentum will likely remain strong in the months and quarters ahead, top carmakers and industry veterans said. Tata Motors Passenger Vehicles Ltd expects 7-8% growth in the industry's sales be ...Read More >
New Delhi, Oct 22 (SocialNews.XYZ) A major cyberattack on Jaguar Land Rover, the British car manufacturer owned by India's Tata Motors, has cost the UK economy an estimated $2.55 billion (£1.9 billion), according to a report released on Wednesday by the Cyber Monitoring Centre (CMC). The attack forced a six-week shutdown of JLR's production, impacting thousands of suppliers and dealerships nationwide, marking it as the most expensive cyber event ever recorded in the UK. More than 5,000 compani ...Read More >
India's Diwali sales hit a record high of Rs 5.40 lakh crore in goods and Rs 65,000 crore in services. This represents a 25 percent increase over last year. GST reforms and strong consumer demand fueled this growth. Brick-and-mortar stores saw a significant revival. Rural and semi-urban areas contributed substantially to the sales surge. Buoyed by GST reforms and strong consumer demand, India saw Diwali sales reach Rs 5.40 lakh crore in goods and about Rs 65,000 crore in services across the cou ...Read More >
New Delhi, Oct 19: India's auto industry is witnessing a significant surge in festive sales this Dhanteras, with major automakers like Maruti Suzuki, Tata Motors, and Hyundai Motor India reporting robust customer demand, bolstered by positive market sentiment and the impact of GST 2.0 reforms. With the auspicious Dhanteras period spread over two days this year -- starting from 12:18 PM on Saturday and extending until 1:51 PM on Sunday -- automakers are capitalising on the extended delivery wind ...Read More >
New Delhi [India], October 19 (ANI): India's auto industry is witnessing a significant surge in festive sales this Dhanteras, with major automakers like Maruti Suzuki, Tata Motors, and Hyundai Motor India reporting robust customer demand, bolstered by positive market sentiment and the impact of GST 2.0 reforms. With the auspicious Dhanteras period spread over two days this year -- starting from 12:18 PM on Saturday and extending until 1:51 PM on Sunday -- automakers are capitalising on the exte ...Read More >
The real boost in vehicle sales this festive season has come from India's hinterland, with good rainfall replenishing incomes and the GST rate cut making small cars (often the first four wheeler for a family) attractive to this segment of buyers once again. Shailesh Chandra, president of the Society of Indian Automobile Manufacturers (SIAM), said today that rural pockets are showing signs of strong growth due to a bountiful monsoon and the impending marriage season. As per SIAM data, passenger ...Read More >
New Delhi, Oct 18: The recent GST rate cuts have sparked a nationwide shopping surge, making Navratri sales one of the largest consumption waves in years in automobiles, consumer electronics and e-commerce, according to industry estimates. Analysts projected festive and wedding season turnover to exceed ₹7 lakh crore. Digital payments jumped tenfold overnight, from ₹1.18 lakh crore on September 21 to ₹11.31 lakh crore on September 22, as shoppers rushed to take advantage of GST savings, accordi ...Read More >
This surge is linked to increased vehicle sales and consumer spending during the festive season. However, ASSOCHAM President Nirmal K. Minda cautions that this buying momentum may not continue after the festivities. The recent GST rate cut has led to a surge in orders for auto component manufacturers, driven by increased vehicle sales and consumer purchasing power. Speaking to reporters, Nirmal K. Minda, the newly elected President of ASSOCHAM, stated that the tax reduction has boosted demand ...Read More >
Union Minister Nitin Gadkari announced India's logistics costs will drop to single digits by December, thanks to expressway expansion. He also revealed plans to make India the world's top automobile producer within five years and highlighted the economic and environmental benefits of promoting biofuels and utilizing waste in road construction. Logistics cost in India will come down to single digit by December this year, helped by rapid expansion of expressways and economic corridors, Union Mini ...Read More >
New Delhi: Logistics cost in India will fall to 9% by December, helped by rapid expansion of expressways and economic corridors, road transport and highways minister Nitin Gadkari said on Friday. Addressing the annual conference of the Associated Chambers of Commerce and Industry of India, he said that a recent report prepared by IIT Chennai, IIT Kanpur and IIM Bangalore revealed that India's construction of expressways and economic corridors had helped reduce the country's logistics cost to 10 ...Read More >
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