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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 >
New Delhi [India] November 14 (ANI): The Centre has begun a nationwide exploration campaign to identify critical mineral deposits to ramp up domestic supplies and stem dependency on imports, Union Mines Minister G Kishan Reddy told ANI today in an interview. He also mentioned that the government has brought all major exploration bodies together to begin work across the country. "All the organisations related to exploration have come together and we have started exploration across the entire cou ...Read More >
New Delhi: The Indian auto industry has clocked its highest-ever wholesales for any October, with all major segments, passenger vehicles, two-wheelers, and three-wheelers registering record despatches. This sharp uptick was driven by festive demand during Navratri and Diwali, along with the impact of reduced Goods and Services Tax (GST) rates that kicked in late September. As per the latest data from the Society of Indian Automobile Manufacturers (SIAM), strong dealer push across urban and rura ...Read More >
New Delhi [India] November 13 (ANI): The Union Cabinet's decision to amend royalty rates for key critical minerals may help attract more bidders in upcoming auctions, but the move will not deliver strategic gains unless India simultaneously builds domestic processing capacity, the Global Trade Research Initiative (GTRI) has cautioned. According to the think tank, the shift to a low 1-4 per cent ad-valorem royalty structure for minerals such as graphite, zirconium, rubidium and caesium is a welc ...Read More >
New Delhi [India], November 10 (ANI): Minister for Road Transport and Highways Nitin Gadkari unveiled Hero MotoCorp's new electric scooter variant, the VIDA Evooter VX2 Go 3.4 kWh, another step of the company's to expand its electric mobility range. The launch highlights the government's continued focus on promoting electric transportation across India, according to a press release from Hero MotoCorp. According to Hero MotoCorp, the new model is priced at Rs 1,02,000 (ex-showroom, Delhi), while ...Read More >
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 >
Gurugram : JSW MG Motor India, a key contributor to India's 4W-EV growth story, today announced a landmark achievement of surpassing the 100,000 EV sales milestone in India. The auto-tech company has remained at the forefront of designing clean and intelligent mobility solutions for a sustainable future, offering not only smart products but also intuitive ecosystem-based solutions. This milestone is driven by the robust performance of the company's wide EV portfolio, which caters to varied cust ...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 >
NEW DELHI: According to industry estimates, India could need to recycle over 1.2 million EV batteries annually by 2030. This number is anticipated to exceed 14 million by 2040. The country braces for a significant rise in battery waste, spurred by the rapid adoption of electric vehicles (EVs), stationary energy storage for grid and renewable integration, telecom infrastructure, data centers, and consumer electronics. Kolkata-based NavPrakriti has started the operation of lithium-ion battery recy ...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 >
Bengaluru: TVS Motor Company posts highest ever operating revenue of Rs. 11,905 Crores registering a growth of 29% for the quarter ended September 2025 as against Rs. 9,228 Crores reported in the quarter ended September 2024. The Company posted its highest ever Operating EBITDA of Rs. 1,509 Crores registering a growth of 40% for the quarter ended September 2025 as against EBITDA of Rs. 1,080 Crores in second quarter of 2024-25. Company's operating EBITDA margin improved by 100bps at 12.7% as ag ...Read More >
CHENNAI: Sundram Fasteners reported Rs 140.27 cr net profit for the quarter ended September 30, 2025, its highest-ever, compared to Rs 130.64 crores during the previous year. The Chennai-based company has incurred Rs 149.67 crore as capital expenditure for the half-year ended September 30, 2025, in line with its planned capital expenditure for the financial year 2025-26. "These investments will help us scale in non-auto, EV, hybrid and adjacent spaces," a release said. The revenue from operati ...Read More >
Management attributes growth to expansion in the company's electric-vehicle traction-motor and railway businesses. Auto component maker Sona BLW Precision Forgings Ltd (Sona Comstar) on Monday reported its highest-ever quarterly performance in Q2 FY26. The company's revenue from operations stood at ₹1,144 crore, up 24 per cent from ₹922 crore a year earlier. EBITDA rose 13 per cent to ₹289 crore from ₹256 crore in the same quarter last year, with a margin of 25.3 per cent, Net profit af ...Read More >
State-owned Convergence Energy Services (CESL) is set to open a mega tender next month to procure 10,900 electric buses for cities including Hyderabad, Surat, Ahmedabad, Delhi and Bengaluru, marking a significant step in India's transition to zero-emission public transport. As per PTI, the tender is scheduled to open on 6 November 2025, comes under the National Electric Bus Programme and will cover multiple bus categories, including Standard Floor, Low Floor, and BRT models, both AC and non-AC. ...Read More >
New Delhi [India], October 28 (ANI): In a move to curb rising air pollution in the national capital, the Commission for Air Quality Management (CAQM) on Tuesday announced that all commercial goods vehicles registered outside Delhi and not compliant with BS-VI emission standards will be prohibited from entering the city from November 1. The official notification issued by CAQM states, "The Commission with a view to abate air pollution caused by high volume of transport/commercial goods vehicles ...Read More >
Karnataka's Transport Minister has raised serious concerns about electric buses operated by private firms in Bengaluru. Frequent breakdowns, driver strikes, and a rise in accidents are impacting services. The minister is urging for stricter clauses in future tenders to ensure better driver training and operational standards. Karnataka's transport minister Ramalinga Reddy has written to Heavy Industries Minister HD Kumaraswamy calling for rigorous clauses in tenders for private operators of elec ...Read More >
Mumbai: Chief Minister Devendra Fadnavis expressed confidence that Maharashtra will lead the country in the fields of maritime trade and industry through the Memorandums of Understanding (MoUs) signed today. A total of 15 MoUs were signed in the presence of the Chief Minister during India Maritime Week 2025, held at NESCO, Goregaon. Also present were Fisheries and Ports Minister Nitesh Rane, Additional Chief Secretary (Ports) Sanjay Sethi, CEO of Maharashtra Maritime Board P. Pradeep, and repre ...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 >
(Reuters) -The Indian government has approved the first batch of seven projects worth over 55 billion rupees ($625.75 million) to boost domestic manufacturing of electronics components. The approval includes four projects by Kaynes Circuits India, covering multi-layer and high-density printed circuit boards (PCBs), camera modules and laminates, along with projects by SRF, Syrma Strategic Electronics, and Ascent Circuits, the electronics and IT ministry said on Monday. India has been stepping u ...Read More >
The Himachal Pradesh Cabinet on Saturday (October 25, 2025) decided to extend the terms of Mayors and Deputy Mayors of municipal corporations from two-and-a-half years to five years. The decision will benefit the Mayor and Deputy Mayor of Shimla Municipal Corporation, whose two-and-a-half-year term is expiring in November 2025. Briefing media persons in Shimla, Industries Minister Harshwardhan Chauhan said a two-and-a-half-year term was raising apprehensions of horse-trading and pointed out th ...Read More >
New Delhi [India], May 24 : App-based ride services provider Uber on Wednesday announced a slew of partnerships to ... New Delhi [India], May 24 : App-based ride services provider Uber on Wednesday announced a slew of partnerships to electrify its services in India for transition to sustainable mobility. It will deploy 25,000 electric vehicles across Uber's top seven cities with support from its fleet partners. As part of the sustainability push, the mobility major announced the rollout of Ube ...Read More >
VIJAYAWADA: India's electric mobility revolution is shifting into top gear. In a decisive step towards achieving the Union Government's ambitious Net Zero Emissions target by 2070, the National Movement for PM e-Drive and PM e-Bus Sewa has gathered strong nationwide momentum. The Convergence Energy Services Limited (CESL) - a Government of India enterprise under the Ministry of Power - has received an overwhelming response to its mega tender for 10,900 electric buses under the Prime Minister's ...Read More >
NEW DELHI, Oct 26: Gold prices are likely to consolidate in the coming week as investors brace for major global events, including the US Federal Reserve's policy meeting, the Trump-Xi summit in South Korea, and the European Central Bank's policy review, analysts said. After a 10-week rally, gold turned negative, falling 2.8 per cent on the MCX due to profit-booking, weaker physical demand in India and China, and a stronger US dollar. On Comex, gold futures slipped 1.8 per cent, with a sharp 6 ...Read More >
VIJAYAWADA: Andhra Pradesh is poised to lead India's electric mobility revolution as Convergence Energy Services Limited (CESL) launches an exclusive action plan for swift e-mobility implementation across the state. CESL officials said the initiative forms part of the Union government's PM e-Drive and PM e-Bus Sewa programmes aimed at achieving Net Zero Emissions by 2070. CESL, a Government of India enterprise under the Ministry of Power, has received an exceptional response to its mega tender ...Read More >
While India continues to attract record levels of foreign investment and corporate expansion, Pakistan has witnessed a steady retreat of global firms... While India continues to attract record levels of foreign investment and corporate expansion, Pakistan has witnessed a steady retreat of global firms across sectors. This contrast reflects not only macroeconomic trends but also the underlying business culture, regulatory frameworks, and institutional capacity that shape investor confidence and ...Read More >
Principal Secretary (Energy) Navin Mittal said for the upcoming 2026 Rabi/Summer seasons, the State's power demand is projected to exceed 19,000 MW, and instructed Chief Engineers and Superintending Engineers to complete all planned line repairs, installation of new transformers and other developmental works by December. At a review meeting with senior officials at the Southern Power Distribution Company (TGSPDCL), he stated that despite the maximum power demand reaching 17,162 MW this year, th ...Read More >
Hyderabad: With the state's peak power demand projected to touch 19,000 MW by next year, the state energy department has begun preparations to ensure uninterrupted supply during the 2026 rabi and summer seasons.Officials said the upcoming Yadadri thermal power station will be fully operational in the next few months, while Singareni Collieries Company Ltd (SCCL) will also ramp up coal production to support enhanced power generation.At a review meeting held on Saturday, principal secretary (energ ...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 >
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