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Mumbai, Nov 14 (SocialNews.XYZ) Tata Motors Passenger Vehicles (TMPV) on Friday reported a multi-fold jump in its consolidated net profit to Rs 76,170 crore for the second quarter of the current financial year (Q2 FY26), driven by an Rs 82,616 crore one-time gain from the demerger of its commercial vehicles business. The Tata Group company had posted a net profit of Rs 3,446 crore in the corresponding quarter last year. Despite the exceptional gain, TMPV's revenue fell 14 per cent year-on-year ...Read More >
Mumbai, November 14: Tata Motors Passenger Vehicles (TMPV) on Friday reported a multi-fold jump in its consolidated net profit to Rs 76,170 crore for the second quarter of the current financial year (Q2 FY26), driven by an Rs 82,616 crore one-time gain from the demerger of its commercial vehicles business. The Tata Group company had posted a net profit of Rs 3,446 crore in the corresponding quarter last year. Despite the exceptional gain, TMPV's revenue fell 14 per cent year-on-year to Rs 72,34 ...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 >
As per the Memorandum of Understanding (MoU), the bank will provide competitive dealer finance options to the medium and heavy commercial vehicle company dealers, it said in a statement. Commercial vehicle maker Ashok Leyland on Monday said it has inked a pact with Punjab National Bank for dealer finance. As per the Memorandum of Understanding (MoU), the bank will provide competitive dealer finance options to the medium and heavy commercial vehicle company dealers, it said in a statement. The ...Read More >
Mumbai, Oct 31 (SocialNews.XYZ) Actress Deepika Padukone, who has been a strong advocate for mental health awareness, reacted to cricketer Jemimah Rodrigues' recent revelation about battling anxiety. The 'Om Shanti Om' actress, known for openly sharing her own struggles with depression in the past, praised Jemimah for her honesty and courage in speaking up, highlighting the importance of conversations around mental well-being in sports and beyond. Taking to her Instagram Stories, Deepika Paduko ...Read More >
VMPL Bengaluru (Karnataka) [India], October 31: Scania Commercial Vehicles India Pvt. Ltd. today announced the appointment of GMMCO Limited, part of the CKA Birla Group, as its new authorized dealer partner for Northern, Eastern and Central India. This partnership marks a key milestone in Scania's renewed India growth strategy, reinforcing its commitment to strengthen regional coverage, enhance customer experience, and drive expansion across all business segments. Under this arrangement, GMMCO ...Read More >
The restrictions will not apply to commercial vehicles registered in Delhi, BS-VI compliant diesel vehicles, or vehicles running on CNG, LNG, or electricity. Commercial goods vehicles (CGVs) registered outside Delhi that do not comply with BS-VI emission standards will be barred from entering the national capital starting November 1, 2025, authorities announced. The move follows directions from the Commission for Air Quality Management (CAQM) to curb vehicular pollution in the city, according ...Read More >
Mumbai, October 24: Tata Motors' name has been changed to Tata Motors Passenger Vehicles after the demerger. The Indian automobile giant will trade as TMPV on stock exchanges. It was effective after the company's stock adjusted to the demerger of its commercial vehicle business earlier this month. Soon, the shares of the demerged commercial vehicle business may be listed on stock exchanges, including BSE and NSE. TaMo (Tata Motors) has now officially become TMPV; however, the question arises ab ...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 >
Passenger car exports grew 20.5 per cent to 1,25,513 units in the second quarter as against 1,04,196 units in the September quarter of last fiscal. Automobile exports from India rose 26 per cent year-on-year in September quarter driven by highest-ever shipments of passenger vehicles, two-wheelers and three-wheelers during the period, as per the latest data released by industry body SIAM. Passenger vehicle exports grew 23 per cent to 2,41,554 units in September quarter as against 1,96,196 units ...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 >
Revenue from operations increased 12 per cent to ₹3,773 crore in the July-September quarter, compared to ₹3,304 crore in the corresponding period of the previous fiscal, the company said in a regulatory filing. Tyre maker Ceat Ltd on Friday reported a 54 per cent year-on-year rise in consolidated net profit to ₹186 crore for the quarter ended September 30, 2025, driven by strong domestic demand and revenue growth. The company had posted a net profit of ₹121 crore in the same period last ...Read More >
The order includes fully built buses and chassis for town, mofussil, and SETC operations, complying with the latest safety and performance norms. Ashok Leyland, among India's leading commercial vehicle manufacturers and the flagship of the Hinduja Group, on Thursday said that it has secured an order for 1,937 buses from the Tamil Nadu State Transport Undertakings (TNSTU). The company sees the order reinforcing its long-standing partnership with the state and its dominant position in the bus in ...Read More >
New Delhi, Oct 16 (PTI) Commercial vehicle major Ashok Leyland on Thursday said it has bagged an order for 1,937 buses from Tamil Nadu State Transport Undertakings. So far, the company has supplied 21,000 buses to Tamil Nadu State Transport Undertakings (TNSTU). The order includes a diverse mix of fully built and chassis configurations tailored for town, mofussil, and SETC applications, Ashok Leyland said in a statement. Each vehicle is built on the latest AIS 153-compliant chassis platform, ...Read More >
New Delhi : Ashok Leyland, the Indian flagship of the Hinduja Group and the country's leading commercial vehicle manufacturer, today announced that it has commenced the delivery of 24 units of AVTR 55T Electric trucks to M/s ASAT Logistics Pvt Ltd, a prominent player in cement and aggregate movement and the strategic logistics partner for Shree Cement. This milestone reinforces the strategic alliance between Ashok Leyland and ASAT Logistics while highlighting Ashok Leyland's commitment to advanc ...Read More >
New Delhi: Auto sales bounced back strongly in the latter part of September this year, posting a 5.22 per cent year-on-year growth, driven by improved consumer sentiment following the rollout of GST 2.0 and the onset of the Navratri festive season. The first three weeks of the month were largely subdued, but demand picked up sharply after September 22. According to data released by the Federation of Automobile Dealers Associations (FADA), two-wheelers and passenger vehicles were the standout pe ...Read More >
New Delhi, Oct 1 (PTI) Commercial vehicle maker Ashok Leyland on Wednesday reported a 9 per cent rise in total sales to 18,813 units in September compared to 17,233 units a year ago. Domestic sales grew 7 per cent to 17,209 units against 16,041 vehicles in September last year, Ashok Leyland said in a statement. Sales of medium and heavy commercial vehicles in the domestic market were at 10,499 units from 10,210 units in the year-ago period, a growth of 3 per cent, it added. Light commercial v ...Read More >
New Delhi, Oct 1 (PTI) Tata Motors on Wednesday reported its best-ever monthly passenger vehicle sales of 60,907 units in September, a year-on-year increase of 47 per cent, due to the GST rate cut and higher demand during the Navratri festival. The Mumbai-based auto major reported vehicle wholesales of 41,313 units in September 2024. In the domestic market, the company said, its dispatches to dealers rose 45 per cent to 59,667 units against 41,063 units in the year-ago period, Tata Motors said ...Read More >
New Delhi [India], Oct 1 (ANI): Bajaj Auto's overall sales, including both two-wheelers and commercial vehicles, stood at 5,10,504 units in September 2025, an increase of 9 per cent from 4,69,531 units in September 2024. Out of this, domestic sales grew to 3,25,252 units, up 4 per cent from 3,11,887 units, while exports climbed to 1,85,252 units, an 18 per cent rise over 1,57,644 units in the same month last year. The company sold a total of 4,30,853 two-wheelers, marking an 8 per cent increase ...Read More >
New Delhi: Tata Motors' biggest global bet since Jaguar Land Rover (JLR) will be steered by cost savings. Cutting spending on product development, components and research is central to its $4.4 billion acquisition of Italian commercial vehicle maker Iveco, alongside plans to expand into new markets and product segments, the company said, maintaining that the move could unlock a bigger value than even JLR. At a meeting with analysts of India's top brokerage houses on Monday, the management of Ta ...Read More >
New Delhi [India], September 29 (ANI): India's industrial output, measured by the Index of Industrial Production (IIP), recorded a year-on-year growth of four per cent in August 2025, according to data released by the Ministry of Statistics and Programme Implementation on Monday. The growth in August came after the index had risen 3.5 per cent in July 2025. The Quick Estimates of IIP stood at 151.7 in August 2025, higher than 145.8 recorded in the same month last year. Also Read | TCS Layoffs: ...Read More >
New Delhi [India], September 29 (ANI): India industrial output, measured by the Index of Industrial Production (IIP), recorded a year-on-year growth of four per cent in August 2025, according to data released by the Ministry of Statistics and Programme Implementation on Monday. The growth in August came after the index had risen 3.5 per cent in July 2025. The Quick Estimates of IIP stood at 151.7 in August 2025, higher than 145.8 recorded in the same month last year. The index is compiled with ...Read More >
New Delhi, Sep 29 (PTI) Tata Power EV Charging Solutions and VE Commercial Vehicles (VECV) on Monday announced their partnership to accelerate the adoption of electric commercial vehicles in India. The companies will collaborate on multiple fronts to support truck and bus operators looking to introduce electric vehicles in their operations, Tata Power said in a statement. Tata Power EV Charging Solutions Limited is a step down subsidiary of Tata Power Company. While Tata Power will leverage i ...Read More >
New Delhi, Sep 27 (SocialNews.XYZ) Tata Motors Limited has announced that its demerger into separate commercial vehicle and passenger vehicle businesses will take effect on October 1. The move comes after receiving approvals from its board, regulators, and the National Company Law Tribunal. As part of the demerger, shareholders will receive one share in the new commercial vehicle company for each fully paid Tata Motors share held on the record date, the company said in a filing to the exchange ...Read More >
Wheels India Ltd. (currently trading at ₹870) is a leading manufacturer of steel wheels, suspension systems, and air suspension products for commercial vehicles, tractors, and off-road equipment. A part of the TVS Group, the company operates manufacturing facilities in Tamil Nadu and Uttar Pradesh, with exports to over 25 countries. Its product portfolio spans forged wheels, aluminum wheels, bogie suspensions, and fabricated components for railways and wind energy. Wheels India is a critical sup ...Read More >
Mumbai: The Economic Offences Wing of Mumbai police has recorded the statement of Shilpa Shetty's husband Raj Kundra in a Rs. 60 crore alleged fraud case. Mumbai Police shared an update in the case and stated: "Investigations are going on against actress Shilpa Shetty and her husband Raj Kundra in an alleged fraud case of Rs. 60 crore. A summon was issued by the Economic Offences Wing of Mumbai Police to Raj Kundra. He was asked to appear before police for the investigation." They further stat ...Read More >
New Delhi : Tata Motors, India's largest commercial vehicle manufacturer, today announced a significant milestone in advancing zero-emission mobility: over 25,000 public charging stations are now installed and accessible to customers of electric small commercial vehicles (SCV). Strategically located across more than 150 cities including Delhi-NCR, Bengaluru, Mumbai, Chennai, and Hyderabad, these chargers span key logistics hubs, empowering last-mile delivery operators with enhanced range confide ...Read More >
Mumbai: TataMotors on Monday announced that more than 25,000 public charging stations are now available for its electric small commercial vehicle (SCV) customers. Spread across over 150 cities, including major hubs like Delhi-NCR, Bengaluru, Mumbai, Chennai, and Hyderabad, these charging stations are aimed at boosting range confidence and efficiency for last-mile delivery operators. To speed up the expansion of charging infrastructure, Tata Motors has also signed MoUs with 13 leading Charging P ...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 >
New Delhi: There have been a lot of conversations surrounding the ageing cars being run on the road and the emissions being caused by them. With the introduction of the scrappage policy in 2021, the government has created an avenue for owners to scrap end-of-life vehicles through incentives. Union Transport Minister Nitin Gadkari has noted the big potential of India's vehicle scrappage policy, stressing economic and environmental benefits. During the ACMA Annual Session 2025, he noted that scra ...Read More >
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