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Bhubaneswar: CM Mohan Charan Majhi on Wednesday unveiled 36 industrial projects -- inaugurated 11 and laid foundation stones of 25 -- with a total investment of Rs 40,811 crore, which are expected to generate 59,050 jobs.The projects -- spread across multiple districts -- span sectors such as green energy equipment, metals and downstream industries, textiles and apparel, plastics, tourism, agriculture and food processing, defence manufacturing, IT and ITES, automobile and cement.The bulk of the ...Read More >
Mumbai, Apr 8 (PTI) Bosch Group's flagship firm Bosch Limited on Wednesday said it intends to acquire 100 per cent of its vehicle motion business, Bosch Chassis Systems India, through a cash deal and issuance of equity shares on a preferential basis. The move positions Bosch with a more comprehensive mobility portfolio, enabling it to better cater to the evolving demands of the domestic automotive sector, the company said. Bosch Chassis Systems India Private Limited represents the business of ...Read More >
BHUBANESWAR: The Adani Group on Wednesday announced three major projects worth over Rs 33,000 crore across digital infrastructure, power and cement manufacturing sectors in Odisha, reiterating the corporate behemoth's expanding commitments in the state. The announcement came as Chief Minister Mohan Charan Majhi unveiled 36 industrial projects worth over Rs 40,811 crore at a function in Bhuinpur of Khurda district. The projects - 11 completed and 25 new investments - are in the sectors of green ...Read More >
New Delhi: The bullion markets across the country have once again witnessed volatility in gold rates, leading to a rise in prices. On Thursday -- the fourth day of the trading week -- a hike of ₹3,650 was recorded in the price of 22-carat gold, while the rate for 24-carat gold saw an increase of ₹3,830 per 10 grams. If you are planning to purchase gold, do not delay. If you are currently working on plans to buy gold, act promptly. You can check city-wise gold rates here; this will help complete ...Read More >
Bhubaneswar, Apr 8 (PTI) Odisha Chief Minister Mohan Charan Majhi on Wednesday launched 36 industrial projects worth Rs 40,811 crore, which are expected to generate 59,000 jobs, officials said. Of the 36 projects, Majhi inaugurated 11 industrial units and laid foundation stones for 25 others at separate locations like Bhuinpur in Khurda district and Ramdaspur Industrial Area in Cuttack in the presence of senior officials and industry leaders. The projects span sectors including green energy eq ...Read More >
Mumbai, Apr 8: Bosch Group's flagship firm Bosch Limited on Wednesday said it intends to acquire 100 per cent of its vehicle motion business, Bosch Chassis Systems India, through a cash deal and issuance of equity shares on a preferential basis. Strategic move to strengthen mobility portfolio The move positions Bosch with a more comprehensive mobility portfolio, enabling it to better cater to the evolving demands of the domestic automotive sector, the company said. Bosch Chassis Systems India ...Read More >
Gurugram (Haryana) [India], 8 April (ANI): The ongoing West Asia conflict has cast a shadow over India's premium and luxury automobile segment even as the broader car market continues to grow, Hardeep Singh Brar, President and CEO, BMW Group India, told ANI on Wednesday. But with a ceasefire now in sight, Brar said the industry could be poised for a swift and strong rebound. Also Read | Nancy Guthrie Missing Case: Tipster Claims Missing Mother of Savannah Guthrie Is in Mexico's Sonora. While I ...Read More >
Gurugram (Haryana) [India], 8 April (ANI): The ongoing West Asia conflict has cast a shadow over India's premium and luxury automobile segment even as the broader car market continues to grow, Hardeep Singh Brar, President and CEO, BMW Group India, told ANI on Wednesday. But with a ceasefire now in sight, Brar said the industry could be poised for a swift and strong rebound. While India's total automobile market has grown by around 17 per cent in the January-March Quarter, the luxury car segmen ...Read More >
Mumbai, April 8: Indian stock markets extended their rally for the fifth straight session, with both the Nifty and the Sensex posting strong gains. The positive momentum came amid easing global tensions and steady domestic policy signals. The Nifty closed 3.78 per cent higher, gaining 873.70 points to end at 23,997.35. Meanwhile, the Sensex surged 3.95 per cent, rising 2,946.32 points to settle at 77,562.90. Commenting on Nifty technical outlook, experts said that from a technical standpoint, t ...Read More >
Mumbai: Indian stock markets extended their rally for the fifth straight session, with both the Nifty and the Sensex posting strong gains. The positive momentum came amid easing global tensions and steady domestic policy signals. The Nifty closed 3.78 per cent higher, gaining 873.70 points to end at 23,997.35. Meanwhile, the Sensex surged 3.95 per cent, rising 2,946.32 points to settle at 77,562.90. Commenting on Nifty technical outlook, experts said that from a technical standpoint, the 23,7 ...Read More >
New Delhi, April 8 (SocialNews.XYZ) Leading automobile manufacturer Hyundai Motor India Ltd. (HMIL) on Wednesday announced a price increase of 1 per cent across its portfolio, effective from May. The company cited various cost escalations as the reason behind price hike adding that the quantum of increase will vary based on the variants and models, according to an exchange filing. "The company's endeavour is always to absorb rising costs to safeguard our customer from price fluctuations. Howev ...Read More >
New Delhi: US President Donald Trump had threatened to completely obliterate Iran's civilisation; however, a piece of news offering relief to the entire world has now emerged. Amidst the heightened tensions, a mutual consensus has been reached between the United States and Iran. This agreement has been formally established for a period of two weeks. For the next two weeks, the United States, Israel, and Iran will refrain from launching attacks against one another. President Donald Trump has exp ...Read More >
Gandhinagar: The state govt said that despite the ongoing crisis in West Asia that is hampering fuel supply, the state's industrial sector continues to remain largely functional, although at a reduced capacity. Govt asserted that gas was "fully available in the state".Speaking to the media on Tuesday, additional industries commissioner K C Sampat and Gujarat State Petroleum Corporation senior vice-president (commercial and marketing) Dipen Chauhan said the state govt was closely monitoring the s ...Read More >
Mumbai: A swelling supply glut of ethanol is forcing policymakers and industry to look beyond car and two-wheelers to spur consumption of the renewable fuel. This includes ethanol-powered cooking stoves and diesel blends to generators and flex-fuel vehicles. Pilot projects are already starting to unfold. Ethanol-based cooking stoves are being tested as a cleaner household alternative, while blending the biofuel with diesel and using it in backup generators is under discussion. Early trials are ...Read More >
New Delhi, April 7 (SocialNews.XYZ) Under Delhi Chief Minister Rekha Gupta's instruction, the government has enhanced commercial LPG availability, doubling allocation for migrant labourers and students from 180 to 360 cylinders daily (19 kg equivalent), an official said. This follows the revised order allocating a total of 6,480 cylinders (19kg equivalent) across sectors, with essential services like health establishments, PSU/Govt institutions, hotels/restaurants/dhabas/food processing, and ot ...Read More >
New Delhi, Apr 7 (PTI) The Delhi government has doubled the LPG supply for migrant workers, with 1,368 cylinders of 5 kg each now available daily, Food and Supplies Minister Manjinder Singh Sirsa said on Tuesday. The quota for commercial LPG for migrant workers has been increased from 180 to 360 cylinders per day, with priority being given to the needy, the minister said. The move comes under a revised total daily cap of 6,480 cylinders (19-kg equivalent), under which essential services are be ...Read More >
Mumbai: Megha Engineering and Infrastructures Ltd (MEIL), MMRDA appointed contractor has today marked a major milestone with the successful launch of the Tunnel Boring Machine (TBM) 'Nayak' for the prestigious Thane-Borivali Twin Tunnel Project, in the presence of the Chief Minister of Maharashtra, Devendra Fadnavis, Deputy CM Eknath Shinde and Deputy CM Sunetra Pawar along with senior dignitaries and officials. The launch ceremony was attended by MEIL Managing Director Krishna Reddy, Director M ...Read More >
New Delhi, April 6 (IANS) The Indian auto retail industry delivered an all-time high of 2,96,71,064 units in FY26 with a broad-based 13.30 per cent growth (year-on-year), that saw five of six vehicle categories set new annual records, data released by the Federation of Automobile Dealers Associations (FADA) said on Monday. This represents the domestic auto industry approaching the 3-crore mark in a financial year, a milestone that would have seemed distant just two years ago. "What makes this ...Read More >
New Delhi [India], April 7 (ANI): Sona BLW Precision Forgings Ltd., known as Sona Comstar, reached a production milestone of 500 million differential gears and 10 million differential assemblies since its inception. According to a regulatory filing by Sona Comstar on Tuesday, the firm increased its global market share in differential gears to an estimated 8.7 per cent in CY25, a rise from the 4.5 per cent share recorded in 2019. Also Read | 'McDonald's Burger' Netizens React After Finding Out ...Read More >
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He takes over from Shreyas Shibulal and focuses on driving market momentum and delivering real customer value for Numeros' E2Ws Numeros Motors has named Arun Srivastava as its new Chief Executive Officer, effective 2 April 2026. He takes over from Shreyas Shibulal, who will continue to serve as Founder and Member of the Board. Srivastava comes with over 20 years of experience in strategy and leadership roles across the automobile and industrial sectors. Speaking about his new role, Srivastava ...Read More >
Bengaluru : Numeros Motors is entering its next phase of growth with a new Chief Executive Officer at the helm. The Bengaluru-based EV manufacturer has appointed Arun Srivastava as CEO, effective 2nd April 2026. He succeeds Shreyas Shibulal, who will continue as Founder and Member of the Board, working closely with Mr. Srivastava on strategy and expansion. Mr. Srivastava brings over two decades of strategy and leadership experience in the automobile and industrial sectors. An alumnus of the Ind ...Read More >
New Delhi: Retail automobile sales in India surged to an all-time high of 29.67 million units in the just-ended fiscal year, growing 13%, with five of six vehicle categories setting new annual records. Passenger vehicle sales grew by 13% at 4.7 million units while two-wheeler sales clocked a 13% rise at 21.4 million units, per data collated by Federation of Automobile Dealers Associations (Fada) from the government's Vahan portal. Commercial vehicle sales grew by 12% at 1.06 million units, tra ...Read More >
Pune: The Indian automobile retail sales posted an all-time high of 2,96,71,064 units in FY26 with a broad-based 13.30 per cent growth year-on-year, which also clocked five of six vehicle categories new annual records. This represents the auto industry, the world's third biggest, nearing the 3-crore mark in a financial year, a milestone that would have seemed distant just two years ago, the Federation of Automobile Dealers Associations (FADA) said on Monday. "What makes this year particularly ...Read More >
MUMBAI: India's auto retail machine roared into record territory in FY2025-26, selling 2,96,71,064 vehicles -- nearly three crore units -- a 13.30 per cent surge year-on-year that left five of six vehicle categories standing at all-time highs. The country is knocking on the door of the three-crore milestone, a figure that would have seemed fanciful just 24 months ago. Then came March 2026: a scorching 26,92,449 units, the highest single month ever recorded, up 25.28 per cent on the year. The Ind ...Read More >
After a specular performance in FY26 including that of March 2026, automobile dealers now remain "constructively cautious" about the future as the war in West Asia is threatening growth. "The broader operating environment is clouded by the West Asia situation. Our survey reveals that 53.2% of dealers have experienced some form of supply or dispatch disruption linked to the ongoing conflict, with 17.1% reporting significant delays of three or more weeks," Federation of Automobile Dealers Associa ...Read More >
NEW DELHI - India's car dealers on April 6 warned of possible supply or dispatch disruptions in the near term as the Middle East conflict drove up raw material costs, even as the fiscal year's total sales hit a record high. The broader operating environment is clouded by the conflict, the Federation of Automobile Dealers Associations (FADA) said in a statement. The war has pushed up oil and gas prices, raising fuel and logistics costs across the auto supply chain, while also driving up prices ...Read More >
New Delhi [India], April 6 (ANI): Indian automobile retail reached a historic milestone in the financial year ending March 2026, recording total sales of 2,96,71,064 units. Data released by the Federation of Automobile Dealers Associations (FADA) showed a 13.30 per cent year-on-year growth, bringing the industry to the brink of the 3-crore mark. This performance was driven by record-breaking sales across nearly all vehicle categories and a significant surge in demand during the latter half of th ...Read More >
New Delhi (PTI): Retail sales of vehicles across categories in India in 2025-26 grew by 13.3 per cent at a record 2,96,71,064 units as compared to 2,61,87,255 units in the previous fiscal, with GST 2.0 helping overcome a subdued start to the year, Federation of Automobile Dealers Associations said on Monday. Passenger vehicle (PV) retail sales rose to 47,05,056 units in FY26, up 13 per cent from 41,63,927 units in FY25, the Federation of Automobile Dealers Associations (FADA) said in a statemen ...Read More >
New Delhi, April 6 (SocialNews.XYZ) The Indian auto retail industry delivered an all-time high of 2,96,71,064 units in FY26 with a broad-based 13.30 per cent growth (year-on-year), that saw five of six vehicle categories set new annual records, data released by the Federation of Automobile Dealers Associations (FADA) said on Monday. This represents the domestic auto industry approaching the 3-crore mark in a financial year, a milestone that would have seemed distant just two years ago. "What m ...Read More >
"We have decided to set up a Centre of Excellence in GBU, and this will be discussed and finalised in the board meeting next week. The aim of this facility will be to impart quality education," said Krishna Karunesh, chief executive officer of the Noida authority,told HT. According to officials, the project will further encourage the research ecosystem at the university and help position Noida as a hub for high-end scientific development. Notably, semiconductors are used to manufacture compone ...Read More >
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