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KOLKATA : PromotEdge, a Kolkata-based integrated marketing and branding agency, has been in business for 11 years. This represents ten years of consistent development, increased global reach, and ongoing investments in creating a full-spectrum marketing ecosystem. Since its founding in 2015, PromotEdge has grown from a local creative firm to a full-service marketing partner that works with companies in India and other countries, such as the US, Canada, Australia, and the Middle East. With opera ...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: 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 >
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], 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, 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 >
Korba (Chattisgarh) [India], April 4 (ANI): Coal India Limited (CIL) Chairman and MD B Sairam on Saturday assured that the company is fully prepared to meet energy demands and bridge supply gaps for power plants amidst the ongoing West Asia crisis. Speaking to ANI, Sairam said that while gas-based power generation is impacted, CIL holds sufficient coal stocks to support the power sector and industries like steel, confirming no disruptions in production. "The recent crisis has mainly affected g ...Read More >
Bengaluru, April 2: Karnataka government has decided to withdraw the tax exemption extended to electric vehicles, which was introduced to promote cleaner mobility. New tax structure for EV four-wheelers While the two wheelers continue to enjoy the facility, the four wheelers tax structure will range from 5% to 8% of the vehicle costs, depending on the price of the vehicle. Cars priced up to ₹ 10 lakh will pay a lifetime tax of 5%, while the cars priced between ₹ 10 lakh and ₹ 25 lakh will pay ...Read More >
While global geopolitical tensions could lead to near-term supply chain uncertainty, Escorts Kubota said domestic infrastructure activity and overall sentiment remained intact Escorts Kubota on Wednesday reported total tractor sales of 12,119 units in March 2026, up 6.6 per cent from 11,374 units sold in March 2025. Domestic tractor sales stood at 11,582 units, up 7.5 per cent from 10,775 units in the year-ago period. Export tractor sales declined to 537 units in March 2026, compared to 599 u ...Read More >
Kolkata: Several policemen were injured, including an OC, when miscreants hurled stones at them in West Bengal's Birhum district, an officer said on Thursday. Officer-in-Charge (OC) of Suri police station, Shailendra Upadhyay, was among those injured after miscreants hurled stones and bricks at the police team at Kukhudihi village. According to police, the trouble began after an earthmover machine engaged in construction work near a graveyard accidentally dug into soil covering a grave, trigge ...Read More >
Officer-in-Charge (OC) of Suri police station, Shailendra Upadhyay, was among those injured after miscreants hurled stones and bricks at the police team at Kukhudihi village. According to police, the trouble began after an earthmover machine engaged in construction work near a graveyard accidentally dug into soil covering a grave, triggering tension. The earthmover operator was subsequently detained by a section of locals, leading to a confrontation between two groups belonging to same communi ...Read More >
Kolkata: Several policemen were injured, including an OC, when miscreants hurled stones at them in West Bengal's Birhum district, an officer said on Thursday. Officer-in-Charge (OC) of Suri police station, Shailendra Upadhyay, was among those injured after miscreants hurled stones and bricks at the police team at Kukhudihi village. According to police, the trouble began after an earthmover machine engaged in construction work near a graveyard accidentally dug into soil covering a grave, trigge ...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 >
CHENNAI: Auto components maker Wheels India Ltd on Monday said it has signed a significant technical agreement with South Korea's SHPAC, a hydraulics cylinder manufacturer, for technology transfer in manufacturing. Srivats Ram, MD, Wheels India said, "It has been our stated intent to focus and grow the hydraulics cylinder business significantly over the next few years. We believe this business segment has potential to be an important growth driver for Wheels India globally. Wheels India has bee ...Read More >
Wheels India rose 4.30% to Rs 900.70 after the company said it entered into a technical agreement with SHPAC, a South Korean hydraulic cylinder manufacturer, for technology transfer in manufacturing.The company said hydraulic cylinders have been identified as a strategic growth area, and the agreement is expected to support expansion in this segment. Wheels India plans to leverage the partnership to access new global opportunities in the hydraulic cylinder industry. Managing director Srivats Ra ...Read More >
New Delhi [India], September 24 (ANI): After meeting the target of 20 per cent ethanol blending in Petrol, the time has arrived when India should gear up for exporting ethanol given its surplus production in the country, Minister of Road Transport and Highways, Nitin Gadkari, said on Wednesday. "It is the time for India's futuristic development. We need to reduce our imports and increase our exports. As far as the surplus of ethanol, it is now the requirement of the country that we need to expo ...Read More >
'Heavy vehicles moving at low speeds, and parked on the road, coupled with poor visibility lead to smaller vehicles crashing into them at night time' Hyderabad To improve road safety, the Telangana government, on Friday, issued guidelines to enhance the visibility of vehicles at night, and made standard reflective tapes and rear marking plates a mandatory safety feature for vehicles. The move comes days after the Supreme Court Committee on Road Safety met with officials of the Telangana gover ...Read More >
CNH is preparing to add a fourth manufacturing facility in India, a move that underlines the company's intent to scale up production capacity and achieve a double digit tractor market share in the medium term. The new unit, which will become CNH's second tractor plant in the country, is under evaluation with land acquisition talks in progress. The site will be larger than the company's existing Greater Noida factory and designed to scale in phases. Gerrit Marx, Chief Executive Officer, confirme ...Read More >
Hyderabad: In a move to enhance road safety, the state govt has issued fresh guidelines making quality and govt approved reflective tapes and rear marking plates mandatory on a wide range of vehicles. The decision comes amid concerns that night-time accidents are often caused by poor visibility of heavy vehicles parked or moving slowly on highways.The order, issued by the transport, roads & buildings department, covers two-wheelers, auto-rickshaws, goods carriers, passenger buses, tractors, trai ...Read More >
In a recent June report, Motley Fool researchers identified Caterpillar (NYSE: CAT) as one of the three largest (specifically, the third largest) industrial stocks by market capitalization in the U.S. Valued at $162 billion last month, the stock now costs more than $192 billion. Caterpillar generates more than $63 billion in sales annually, and turns $22.5 billion of this into gross profit. On the bottom line, Caterpillar earned net profit of $9.9 billion over the last 12 months, and the compan ...Read More >
The long-term outlook remains positive, supported by strong export potential and a government-led infrastructure push. Source : Freepik Following a subdued start to FY2026, Rating agency ICRA projects a turnaround in the Indian mining and construction equipment (MCE) industry in the latter half of the year, driven primarily by renewed government-led capital expenditure. "Given the observed weakness in domestic demand during Q1 FY2026--which is expected to persist into Q2 as monsoon conditions ...Read More >
Mumbai: US-based Jane Street said the Indian capital market regulator's order accusing the trading firm of manipulative trading in equity derivatives reflects a 'misunderstanding of standard hedging practices and the interrelationships between derivative and underlying markets'. The firm, in an internal communication that ET has accessed, said the Securities and Exchange Board of India's claim that the firm's activity is "prima facie manipulative", disregards the role of liquidity providers and ...Read More >
Nagpur: Surjagarh Iron Ore Mines of Lloyds Metals and Energy Ltd (LMEL) have brought laurels to Gadchiroli district by bagging 5-star rating from the Indian Bureau of Mines (IBM) under the Union Ministry of Mines. Union minister of coal & mines G Kishan Reddy presented the 5-Star Rating memento and certificate to senior officials of LMEL in a ceremony held at Rajasthan International Centre, Jaipur, on July 7. Surjagarh mines have won this national recognition for its stellar performance in opera ...Read More >
New Delhi: Total automobile retail sales across segments in India grew 4.84 per cent year-on-year in June to cross 20.03 lakh units, driven by festival and marriage-season demand, Federation of Automotive Dealers Associations (FADA) said on Monday. "Segment-wise, every category closed in the green with two-wheelers at 4.73 per cent, three-wheelers at 6.68 per cent, passenger vehicles at 2.45 per cent, commercial vehicles at 6.6 per cent, tractors at 8.68 per cent and construction equipment at 5 ...Read More >
PRNewswire Chennai (Tamil Nadu) [India], July 4: India's mining and construction equipment sector is poised for significant growth, projected to expand from $16 billion to $45 billion by 2030*. To support this surge, Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, today launched the all-new BharatBenz Construction and Mining range comprising of their HX and Torqshift series models. This heavy-duty truck series directly addresses the critical need for rel ...Read More >
Chennai (Tamil Nadu) [India], July 4: India's mining and construction equipment sector is poised for significant growth, projected to expand from $16 billion to $45 billion by 2030*. To support this surge, Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, today launched the all-new BharatBenz Construction and Mining range comprising of their HX and Torqshift series models. This heavy-duty truck series directly addresses the critical need for reliable, high- ...Read More >
Mumbai: High-end cars, CNG/LNG vehicles and goods carriers in Maharashtra are set to become more expensive from Tuesday due to the revised one-time tax structure of the state government, officials said. The cap for one-time tax will now be Rs 30 lakh, against the existing Rs 20 lakh, which means cars with an ex-showroom price of more than Rs 20 lakh will get costlier by at least Rs 10 lakh, they said. High-end diesel and petrol cars registered under an individual's name, with prices around Rs 1 ...Read More >
The Maharashtra Motor Vehicle Tax (Amendment) Act, 2025, came into effect on July 1, 2025. This new law has increased the one-time tax rates for new vehicle registrations across the state. The revised tax rates will impact buyers of new petrol, diesel, CNG, and LNG vehicles, as well as commercial and construction vehicles. These are the new changes under the new structure: 1. Petrol cars registered in an individual's name will be taxed at 11% for vehicles under INR 10 lakh, 12% for those price ...Read More >
New Delhi [India], July 1 (ANI): Escorts Kubota Limited reported a 2.2 per cent rise in total tractor sales for June 2025, selling 11,498 tractors compared to 11,245 units in June 2024. According to Escorts Kubota Limited, the company's Agri Machinery Business showed strong export growth, even as domestic sales remained steady. Domestic tractor sales stood at 10,997 units in June 2025, slightly lower than 11,011 units in the same month last year. However, export sales more than doubled, reachi ...Read More >
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