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The new venture, SK Enmove Gabriel India, will see SK Enmove holding a 51 per cent stake and Gabriel India 49 per cent. Auto components maker Gabriel India on Thursday announced a joint venture with South Korea's SK Enmove to diversify its product portfolio into lubricants and engine oils. The move marks a strategic step in Gabriel India's evolution from a suspension-focused company to a broader automotive systems and components player. The new venture, SK Enmove Gabriel India, will see SK Enm ...Read More >
The fund is open for subscription under a New Fund Offer (NFO) till October 26, at ₹10 per unit.Axis Max Life Insurance has launched the Axis Max Life India Consumption Opportunities Fund, an actively managed equity fund aimed at tapping into India's growing domestic consumption economy. The fund is open for subscription under a New Fund Offer (NFO) till October 26, at ₹10 per unit. It will be available exclusively through select Axis Max Life unit-linked insurance plans, including the Flex ...Read More >
New Delhi [India], October 16: Axis Max Life Insurance Limited ("Axis Max Life" / "Company"), formerly known as Max Life Insurance Company Limited, has introduced the Axis Max Life India Consumption Opportunities Fund (ULIF03807/10/25INDIACONSU104)- an actively managed equity fund designed to allow policyholders to benefit from the growth of India's domestic consumption economy. The fund will be available for subscription during its New Fund Offer (NFO) period from October 14, 2025, to October 2 ...Read More >
The Andhra Pradesh government approved two Raymond Group investments totaling Rs 940 crore in aerospace and automotive manufacturing under Industrial Development Policy 4.0. JK Maini Global Aerospace will invest Rs 510 crore in Satya Sai district, creating 1,400 jobs, while JK Maini Precision Technology will invest Rs 430 crore in Gudipalli, generating 4,096 jobs. The Andhra Pradesh government said on Wednesday that it approved two investments by the Raymond Group worth Rs 940 crore, covering a ...Read More >
Garg, who currently serves as Whole-time Director at HMIL, is expected to lead the company's growth strategy amid changing market conditions in India. Hyundai Motor India Limited (HMIL) has announced Tarun Garg as its new Managing Director and Chief Executive Officer (CEO), effective January 1, 2026. He will replace Unsoo Kim, who is returning to Hyundai Motor on December 31. This strategic move was announced in the company's regulatory filings. Garg, who currently serves as Whole-time Directo ...Read More >
More than half of employers (56 per cent) in India intend to expand their workforce in the second half of the current financial year (H2 FY26), while 27 per cent plan to maintain stability and 17 per cent foresee rationalisation, a report said on Wednesday. New Delhi, More than half of employers (56 per cent) in India intend to expand their workforce in the second half of the current financial year (H2 FY26), while 27 per cent plan to maintain stability and 17 per cent foresee rationalisation, ...Read More >
South Korean auto major Hyundai Motor Co is making its most ambitious move yet in India, committing an investment of Rs 45,000 crore by FY2030 to turn the country into its second-largest market globally, next only to the US. The announcement, which was made at Hyundai Motor India's (HMIL) first-ever Investor Day in Mumbai on Wednesday, comes alongside another major decision, which is that for the first time since its India entry in the mid-1990s, the company will be led by an Indian managing dir ...Read More >
BHUBANESWAR: Vedanta chairman Anil Agarwal has approached Odisha Chief Minister Mohan Charan Majhi to seek support in fast-tracking clearances and accelerating the implementation of the company's ambitious USD 20-billion aluminium project. Vedanta has already committed Rs 1.27 lakh crore investment for a 3 million tonne per annum (MTPA) aluminium smelter in Dhenkanal district and Rs 1 lakh crore investment for a 6 MTPA refinery in Rayagada district. In a letter to the chief minister, Agarwal s ...Read More >
Global hospitality company Hilton has signed an agreement to open its namesake brand hotel in Chennai, Tamil Nadu, marking the group's expansion in the southern part of India. Hilton's new Chennai hotel will be located in Egmore and be developed in partnership with MKR Estate Developers, a part of MGM Healthcare Group. The company expects the hotel to begin operations in January 2029. This opening will add to Hilton's existing presence in the city, which already includes Hilton Chennai. Hilt ...Read More >
Pune: Hyundai Motor will invest Rs 45,000 crore to expand its manufacturing and research operations to make the world's third-largest car market at the heart of its growth strategy, its President & CEO Jose Munoz said on Wednesday. He told reporters that this investment will help South Korean automaker to increase its annual production by about a third to 1.1 million vehicles by 2030 in India, introduce 26 cars, including its first hybrid vehicle and launch its luxury car brand Genesis in the I ...Read More >
Tata Steel India reported a seven percent increase in crude steel production to 5.67 million tonnes in the second quarter of the current fiscal, driven by the normalization of operations post-blast furnace relining. Domestic sales also saw a rise to 5.56 MT, supported by improved production and stable demand across market segments. Steel major Tata Steel on Thursday said its crude steel production in India rose by seven per cent to 5.67 million tonnes in the second quarter of the current fiscal ...Read More >
NEW DELHI, Oct. 7, 2025 - Aon plc (NYSE: AON), a leading global professional services firm, projects that salaries in India will increase by nine percent in 2026 according to the firm's Annual Salary Increase and Turnover Survey 2025-26 India. The study, now in its 31st year, is one of the largest and most comprehensive rewards studies in India and analyses data from over 1,060 companies across 45 industries. The survey's nine percent projection for 2026 marks a slight increase from the actual ...Read More >
New Delhi: Mercedes-Benz India on Monday reported record retail sales in the July-September quarter, driven by the highest-ever monthly offtakes in September, including registration of over 2,500 units in the nine-day Navaratri period. The luxury carmaker retailed 5,119 units in the second quarter as compared with 5,117 units in the second quarter of the last fiscal. The company said it sold a record of over 2,500 units in the 9 days of the auspicious festive period, the highest ever for Merce ...Read More >
New Delhi: The government's Next Gen GST reforms are beginning to show a strong impact on the economy as the ongoing festive season has witnessed record-breaking sales, especially in the automobile sector, experts said on Sunday. Income tax expert Vinod Rawal said that the benefits of the new GST system are clearly visible on the ground. "You see, the festive season has already begun. In the very first days of Navratri, when 45 per cent of sales are usually made, this time the record of the la ...Read More >
Mumbai, Oct 3 (SocialNews.XYZ) Black Box, a leading provider of digital infrastructure solutions, on Friday announced a global strategic partnership with Wind River, an Aptiv company and global leader in intelligent edge software, to deliver next-generation edge and cloud solutions across industries worldwide. As part of this global partnership, Black Box has secured preferred status to deliver Wind River solutions in India and the Middle East. This strengthens Black Box's leadership in these ...Read More >
New Delhi, Oct 2 (PTI) Auto components major SKF India group, which has undergone demerger of its automotive and industrial businesses, plans to invest up to Rs 1,460 crore by 2030 across the two verticals, including capacity expansion and setting up of a new plant. The company expects the demerged industrial entity, SKF India (Industrial) Ltd , to be listed by November this year, subject to necessary approvals. The demerger of the industrial business has been completed effective October 1, 20 ...Read More >
The BSE Sensex and NSE Nifty have declined more than 3% each in the past seven sessions. (Image used for representational purposes) Foreign institutional investors (FIIs) have been selling aggressively this year, offloading over Rs 2 lakh crore in equities, including Rs 33,000 crore just in September. By September 26, their total sell-off in the cash market reached nearly Rs 2 lakh crore. Last week alone, FIIs sold shares worth Rs 19,550 crore and continued as net sellers on Monday with Rs 2,80 ...Read More >
Punjab delegation holds discussion with country's leading industrialists. (Image: X/ @AAPPunjab) Punjab Chief Minister Bhagwant Mann on Monday pitched Punjab as an "investor-first state" while leading the government's first domestic roadshow in Gurugram ahead of the Progressive Punjab Investors' Summit 2026. The roadshow was aimed at highlighting business opportunities in Punjab. Chief Minister Bhagwant Mann led the delegation and was joined by Industries and Commerce Minister Sanjeev Arora, C ...Read More >
Tube & Pipe Fair 2025, organized by Tulip 3P Media, is poised to become India's largest tube and pipe industry exhibition, welcoming global exhibitors and industry leaders to New Delhi from November 4-6. With significant international participation, the fair aims to foster growth through networking and innovation in a rapidly expanding sector. Tulip 3P Media Private Limited is gearing up to host the highly anticipated Tube & Pipe Fair 2025, set to run from November 4 to 6 at Pragati Maidan, New ...Read More >
Bhubaneswar: Jindal Steel has successfully commissioned its 250 MT Basic Oxygen Furnace (BOF) converter at the Angul integrated steel plant, adding 3 MTPA of crude steelmaking capacity. With the first heat now tapped, the company's total capacity at Angul has increased from 6 MTPA to 9 MTPA -- bringing the plant closer to its goal of achieving 12 MTPA within the current financial year. The synchronised commissioning of Blast Furnace 2 and the BOF converter marks a significant milestone in India ...Read More >
Gurugram, Sep 29 ( IANS) In a strategic move to attract domestic investments, the Government of Punjab hosted its inaugural roadshow in Gurugram on Monday, setting the stage for the Progressive Punjab Investors' Summit 2026. Spearheaded by Invest Punjab, the event showcased the state's evolving industrial landscape and its investor-friendly policies. Chief Minister Bhagwant Mann led a high-profile delegation comprising Minister for Industries and Commerce and Investment Promotion Sanjeev Arora ...Read More >
New Delhi, Sep 29 (PTI) Homegrown Premier Energies on Monday announced securing multiple solar contract worth USD 19.95 million (around Rs 177 crore) Republic of Benin, West Africa. These projects are part of a national initiative by the Government of Benin to expand access to reliable, sustainable clean energy, Premier Energies said in a statement. Implementation will be carried out by Premier Energies in collaboration with the General Directorate of Energy Planning and Rural Electrification, ...Read More >
Bengaluru - Indo MIM Limited, world's largest manufacturer of precision engineering components using metal injection molding (MIM) technology (as per a F&S report) has filed the draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise funds through an initial public offering (IPO). According to the DRHP, the proposed IPO of the Bengaluru-headquartered company combines a fresh issue of equity shares aggregating up to Rs. 1,000 crore with an offer for sale (OFS) of up to 1 ...Read More >
New Delhi: Maruti Suzuki India Ltd (MSIL), the country's largest passenger vehicle maker, has termed GST 2.0 as a positive tsunami for the auto industry. In an interview with ANI, Partho Banerjee, Senior Executive Officer, Marketing & Sales said that dealer partners are working day and night in showrooms to deliver cars to customers. "Our finance partners are busy sanctioning loans as soon as possible and giving delivery orders so that we can deliver cars to customers. The reason behind this ru ...Read More >
New Delhi [India], September 26 (ANI): Maruti Suzuki India Ltd (MSIL), the country's largest passenger vehicle maker, has termed GST 2.0 as a positive tsunami for the auto industry. Also Read | India vs Pakistan Final History: A Look at Past Results, H2H Record of IND vs PAK Grand Finale Matches Ahead of Asia Cup 2025 Summit Clash. In an interview with ANI, Partho Banerjee, Senior Executive Officer, Marketing & Sales said that dealer partners are working day and night in showrooms to deliver c ...Read More >
New Delhi: The Centre is closely monitoring whether companies are passing on the benefits of the recent Goods and Services Tax (GST) rate cuts to consumers, and enforcement measures will only be decided after field reports are analysed by the end of September. "We are awaiting inputs from field formations by the end of this month. We cannot have knee-jerk reactions to fresh reforms; they need time to settle," a government source said. Over 50 products from various categories are being examined ...Read More >
India's auto industry is suddenly having a blast. After months of lacklustre sales, the world's third-largest car market is experiencing a revival, thanks to the government's decision to reduce GST. To add to that, the cuts also came ahead of the festive season, which typically contributes to about 40 percent of the annual sales. "The GST cut has created a genuine affordability kicker just ahead of the festive window. Passenger cars, two-wheelers, and parts moving from 28 percent to 18 percent ...Read More >
BusinessWire India Bengaluru (Karnataka) [India], September 26: L&T Technology Services (BSE: 540115, NSE: LTTS), a global leader in AI, Digital & ER&D Consulting Services, announced an expanded partnership with Siemens Limited, a leading technology company focused on industry, infrastructure and mobility. This collaboration aims to advance Machine & Line Simulation and IIoT Technology, setting a new benchmark for innovation within LTTS' Sustainability segment, which encompasses Process Enginee ...Read More >
New Delhi, Sep 16 (SocialNews.XYZ) Tata-owned British luxury carmaker Jaguar Land Rover (JLR) on Tuesday said that it has extended its pause in production until September 24 after being hit by a cybersecurity incident earlier this month. The company said that its global operations remain disrupted as investigations into the breach continue. In a statement, JLR said it has informed its employees, suppliers, and partners about the decision to keep production suspended until Wednesday (September ...Read More >
The Society of Indian Automobile Manufacturers (SIAM) has released the vehicle data for August 2025. According to SIAM, the total production of Passenger Vehicles, Three Wheelers, Two Wheelers, and Quadricycle in August 2025 was 26,93,049 units. The Passenger Vehicles sales were 3,21,840 units in August 2025. The total three-wheeler sales were 75,759 units in August 2025 and two-wheeler sales were 18,33,921 units in August 2025. SIAM commented that the sales of Passenger Vehicles in August 20 ...Read More >
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