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New Delhi [India], July 4 (ANI): The domestic automobile industry is expected to continue witnessing strong export growth across two-wheelers (2W), commercial vehicles (CV), and passenger vehicles (PV), while domestic sales are likely to remain show a mixed bag, according to a report by Axis Securities. In June 2025, the report stated that the overall domestic two-wheeler (2W) industry recorded a marginal 2 per cent uptick in wholesale volumes. Also Read | 'The Traitors India Season 1' Winners ...Read More >
BHUBANESWAR: Prime Minister Narendra Modi gifted a handcrafted silver filigree purse from Cuttack to First Lady of Ghana Lordina Mahama during his visit to the country. Meticulously handcrafted by skilled artisans, it features delicate floral and vine motifs formed from fine silver wires, combining airy lightness with durability and elegance. Traditionally used in jewellery, Cuttack's filigree now adorns modern accessories like this purse, blending heritage with contemporary style. PM Modi arr ...Read More >
New Delhi: India's electric vehicle market witnessed mixed trends in June 2025, with electric cars, two-wheelers, and buses registering growth while sales of passenger and cargo electric three-wheelers declined month-on-month, according to a report by JMK Research & Analytics. Sales of high-speed electric two-wheelers (E2Ws) rose 5 per cent month-on-month to 1,05,282 units in June. The top three players continued to dominate the segment, accounting for about 65 per cent of the total registratio ...Read More >
Mumbai: Equity benchmark indices Sensex and Nifty climbed in initial trade on Thursday, mirroring a positive trend in Asian markets, amid optimism over the India-US trade deal. The US-Vietnam trade deal also had a positive effect on the domestic equities, analysts said. The 30-share BSE Sensex climbed 242.83 points to 83,652.52 in early trade. The 50-share NSE Nifty went up by 83.65 points to 25,537.05. "US President Trump announced a trade deal reducing Vietnam's tariff to 20 per cent from 4 ...Read More >
Mumbai, Jul 3 (PTI) Equity benchmark indices Sensex and Nifty climbed in initial trade on Thursday, mirroring a positive trend in Asian markets, amid optimism over India-US trade deal. The US-Vietnam trade deal also had a positive effect on the domestic equities, analysts said. The 30-share BSE Sensex climbed 242.83 points to 83,652.52 in early trade. The 50-share NSE Nifty went up by 83.65 points to 25,537.05. "US President Trump announced a trade deal reducing Vietnam's tariff to 20 per cen ...Read More >
EV Market: India's electric vehicle market is undergoing a dramatic shift. Previously in Tata Motors' control, the segment is now experiencing intense competition following the tie-up of Mahindra and MG to corner a massive 53% share. Fresh sales figures from June 2025 reveal how competitors are reconfiguring the electric vehicle battle, forcing Tata to reevaluate its steps. 13,033 electric vehicles were registered in June 2025 in India. This is a whopping 78% rise over June 2024, though EVs sti ...Read More >
New Delhi: Retail registrations in the Indian automobile market outpaced wholesale dispatches across key segments in June 2025, a new report said on Wednesday. While two-wheeler (2W) retail demand continued at a slow pace, commercial vehicles (CVs) and passenger vehicles (PVs) saw a jump in retail sales -- mainly driven by deep discounts, according to HSBC Global Research. The report also highlighted strong tractor sales, supported by early and widespread monsoons, and noted a rising adoption o ...Read More >
New Delhi: The mood at Hyundai Motor India Ltd's office in Gurugram isn't exactly upbeat today. Passenger vehicle sales data for June were released on 1 July. And for the South Korean carmaker, once the No. 2 in India by some distance, it once again made for dismal reading. The company has finished behind Mahindra and Mahindra four out of six months this calendar year. Indeed, it has trailed the Indian company every month this fiscal year. And that is bad news for José Munoz. In January, Munoz ...Read More >
New Delhi: Mahindra, one of the largest auto companies in India, may soon introduce the electric version of Thar in the market. It is likely to get a good response among the people, which will create a stir among the customers. The company will have a concept electric SUV Vision T in its special event Freedom_NU on 15 August 2025. It can leave its shine in front of the world. The features of this vehicle are also likely to be very tremendous, which can leave a different craze from villages to c ...Read More >
New Delhi: The April-June 2025 quarter saw severe pressure on the domestic car market, with challenges in generating fresh demand as growing geopolitical tensions and concerns over the economy depressed consumer sentiments.Maruti Suzuki, the country's biggest carmaker, reported a 6% decline in first-quarter wholesale numbers as the company dispatched around 3.9 lakh units to dealerships compared to 4.2 lakh units in the same quarter of the previous fiscal.Hyundai experienced a decline of 12%, wh ...Read More >
New Delhi: Perhaps you do not know, because Mahindra has once again prepared to make a big bang in the auto market. This time the company is ready to create a big stir on the occasion of Independence Day. The company has prepared to unveil many new concept vehicles and a new platform during its special program Freedom NU in Mumbai. The model that is being discussed the most among these cars is Mahindra Vision T. It can be liked a lot among the customers in the market, which will create a stir a ...Read More >
Mumbai, July 1 (SocialNews.XYZ) Tata Motors on Tuesday reported an 8.47 per cent decline in total sales as the carmaker sold 2,10,415 units in the April-June quarter of FY26, compared to 2,29,891 units sold during the same period previous year (Q1 FY25). Both commercial and passenger vehicle segments saw a drop in numbers. Commercial vehicle sales stood at 85,606 units, down 6 per cent year-on-year (YoY), while passenger vehicle sales dropped 10 per cent to 1,24,809 units. Domestic sales for T ...Read More >
NEW DELHI: The Nifty Auto index traded positive around 10:09AM(IST)on Tuesday in an upbeat market. Mahindra & Mahindra Ltd.(up 1.07 per cent), MRF Ltd.(up 0.52 per cent), Balkrishna Industries Ltd.(up 0.49 per cent), TVS Motor Company Ltd.(up 0.43 per cent) and Eicher Motors Ltd.(up 0.4 per cent) were among the top gainers. Bosch Ltd.(down 0.53 per cent), Ashok Leyland Ltd.(down 0.37 per cent), Bharat Forge Ltd.(down 0.3 per cent) and Samvardhana Motherson International Ltd.(down 0.18 per cent ...Read More >
New Delhi, Jun 30 (PTI) India stands uniquely poised to emerge as a global manufacturing powerhouse amid the challenging geopolitical environment, according to Mahindra & Mahindra Group CEO and Managing Director Anish Shah. Addressing shareholders in the group's Annual Report for 2024-25, Shah noted that with its growing infrastructure, young workforce, and favourable policies, India's opportunity to lead the world in manufacturing has never been greater. "The current geopolitical and economic ...Read More >
Mumbai: The USA's shift toward de-globalisation may ironically lead to a new avatar of globalisation that is multi-polar, regional, and driven by domestic imperatives for which India is well-positioned to emerge as one of the new centres of gravity, industrialist Anand Mahindra has said. In his address to shareholders in the Mahindra & Mahindra (M&M) Annual Report for 2024-25, Anand Mahindra, said globalisation is evolving and the US market centrality and China-centric supply chains are ...Read More >
Mumbai: Equity benchmark indices Sensex and Nifty declined in early trade on Monday after a four-day rally amid the emergence of profit-taking, mainly in bank stocks. The 30-share BSE Sensex slipped 182.77 points to 83,876.13 in early trade. The 50-share NSE Nifty dropped 46.25 points to 25,591.55. From the Sensex firms, Mahindra & Mahindra, Bharti Airtel, NTPC, HDFC Bank, Kotak Mahindra Bank and Axis Bank were among the laggards. However, Larsen & Toubro, Trent, State Bank of India and Eternal ...Read More >
Mumbai, Jun 30 (PTI) Equity benchmark indices Sensex and Nifty declined in early trade on Monday after a four-day rally amid emergence of profit-taking, mainly in bank stocks. The 30-share BSE Sensex slipped 182.77 points to 83,876.13 in early trade. The 50-share NSE Nifty dropped 46.25 points to 25,591.55. From the Sensex firms, Mahindra & Mahindra, Bharti Airtel, NTPC, HDFC Bank, Kotak Mahindra Bank and Axis Bank were among the laggards. However, Larsen & Toubro, Trent, State Bank of India ...Read More >
Sunday, 29 June 2025 () Mahindra Group Chairman Anand Mahindra envisions India as a pivotal force in a reshaped global landscape, or "Globalisation 2.0." Addressing shareholders, he acknowledged challenges from shifting alliances and trade dependencies. Mahindra emphasized India's strengths -- stable democracy, reliability, and a strong military -- while urging strategic action to minimize risks and seize growth opportunities. ...Read More >
New Delhi, Jun 29 (PTI) A growing wave of protectionism is challenging decades of liberal trade order, dramatically highlighted by the Trump's tariffs, but economic nationalism does not spell the death of globalisation rather it heralds its rebirth, presenting an opportunity for India to emerge as a vital player, according to M&M Ltd Chairman Anand Mahindra. In his address to shareholders in Mahindra & Mahindra (M&M) Annual Report for 2024-25, Mahindra, said "India, too, will face challenges" d ...Read More >
New Delhi, Jun 29 (PTI) A growing wave of protectionism is challenging decades of liberal trade order, dramatically highlighted by the Trump's tariffs, but economic nationalism does not spell the death of globalisation rather it heralds its rebirth, presenting an opportunity for India to emerge as a vital player, according to M&M Ltd Chairman Anand Mahindra. In his address to shareholders in Mahindra & Mahindra (M&M) Annual Report for 2024-25, Mahindra, said "India, too, will face challenges" d ...Read More >
New Delhi, Jun 29 (PTI) Indian IT majors are aggressively repositioning themselves as AI-native firms, focusing on high-margin applications and integration over high-risk, capital-intensive foundational research. A deep dive into the FY25 annual reports from the industry behemoths --- TCS, Infosys, Wipro, and Tech Mahindra -- indicates that in the global AI race, India's tech titans are not competing to invent foundational AI, they are positioning themselves to become premier integrators of it. ...Read More >
New Delhi: Passenger electric vehicle (EV) sales in India are expected to grow by around 40 per cent in 2025 to reach 1,38,606 units, up from 99,004 units in 2024, according to estimates released by market research and consulting firm Frost & Sullivan. Battery electric vehicles (BEVs) are expected to continue dominating the Indian EV market in 2025, while plug-in hybrid electric vehicles (PHEVs) are projected to account for only 0.1 per cent of sales. The report indicates that fuel cell electri ...Read More >
New Delhi, Jun 27 (PTI) Gujarat-based Rayzon Solar has filed a draft paper with capital markets regulator Sebi to raise Rs 1,500 crore through an initial public offering (IPO). The IPO is entirely a fresh issue of up to Rs 1,500 crore with no offer for sale component. The offer also includes a subscription reservation with a discount to eligible persons in the employee reservation portion, according to the draft red herring prospectus (DRHP) filed on Wednesday. Also, the company is looking to ...Read More >
Bhopal, June 27 (UNI) In a bizarre incident, 19 vehicles of Madhya Pradesh Chief Minister Dr Mohan Yadav's convoy broke down together after diesel allegedly mixed with water was filled in their tanks at a fuel station in the Ratlam district of the state late Thursday night. Authorities carried out an inspection of the fuel station, and subsequently it was sealed. The stalled vehicles, mostly Toyota Innovas, had to be towed away and a replacement fleet was summoned hurriedly from Indore, to be ...Read More >
New Delhi, June 27: Mahindra Scorpio N with ADAS is launched in India with tech upgrade for the vehicle. The new update introduces Level 2 Advanced Driver Assistance Systems (ADAS) suite, which is now available on the Z8L trim and a newly added Z8T variant. Mahindra Auto aims to boost safety and convenience for its passengers through this upgrade. The ADAS features in the Mahindra Scorpio N will be available in manual and automatic variants. Mahindra has also introduced a new Z8T trim, priced a ...Read More >
NEW DELHI: Road transport and highways minister Nitin Gadkari on Thursday urged vehicle manufacturers and logistics companies to opt for trucks that run on alternative fuels rather than diesel-fuelled ones to cut down pollution, reduce logistics costs, and decrease India's dependence on imported fossil fuel."My appeal to you all is - don't go for diesel trucks, think about alternative fuel and biofuel. It's economically viable," Gadkari said, while addressing industry leaders. He added that govt ...Read More >
Mumbai : The quarterly changes in key equity indices on the NSE are set to be implemented on June 27. Strategic indices -- Nifty 200 Momentum 30, Nifty Midcap 150 Momentum 50, and Nifty 500 Momentum 50 -- are set to undergo reshuffles on June 27, while broader benchmarks like Nifty 50, Nifty Next 50, Nifty Midcap 150, and Smallcap 250 will see weight adjustments, according to a report by Nuvama Alternative and Quantitative Research. These changes would lead to passive inflows and outflows acros ...Read More >
India's fastest EVs: Once upon a time, it was all fantasy to reach 0 to 100 km/h in less than 7 seconds by anything other than a luxury sedan or top-end SUV. Those days are gone. Three of the quickest electric SUVs are now available in India, all of which are domestically produced and firmly within the budgets of regular customers. The Tata Harrier EV, Mahindra BE 6, and Mahindra XUV 9e are creating history with their speed and affordability. Launched on 3rd June 2025, Tata Harrier EV has emerg ...Read More >
With the electric 2- and 3-wheeler, passenger and commercial vehicle segments registering robust sales and high double-digit YoY growth, highest-ever retail sales in May improve upon April 2025's 169,003 units and set the foundation for a fiscal which promises to achieve the 2-million milestone for the first time. But a spoiler looms ahead in the form of disrupted supplies of rare earth magnets from China, which could hamper production and impact sales later this year. In a significant developm ...Read More >
Srinagar, Jun 7 (PTI) Authorities on Saturday barred Eid prayers from taking place at the Eidgah ground and the Jama Masjid in the old city here, while Hurriyat Conference chairman Mirwaiz Umar Farooq claimed that he was put under house arrest. "Anjuman Auqaf Jama Masjid Srinagar deeply regrets to inform that the authorities have once again disallowed Eid-ul-Adha prayers at the Eidgah as well as at the historic Jama Masjid in Srinagar by closing the gates of the mosque and deploying police pers ...Read More >
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