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New Delhi [India], April 9 (ANI): India's Basmati rice export sector has remained resilient despite tensions in the West Asia region, with exporters saying the impact of the conflict has been far less severe than initially feared due to alternative supply routes and timely policy support from the government. According to Dev Garg, Vice President of the Indian Rice Exporters Federation (IREF), the sector faced initial disruptions after the conflict began, but has since stabilised and is currentl ...Read More >
Kolkata, Apr 9 (PTI) Air-conditioning and commercial refrigeration major Blue Star Limited expects around 20 per cent growth in volumes and about 25 per cent revenue growth this year, its managing director B Thiagarajan said on Thursday. He said the air-conditioning industry is currently facing a total cost impact of around 13 per cent, comprising 5 per cent from revised energy labelling norms and about 8 per cent due to higher raw material prices. "Out of this, the industry has already passed ...Read More >
New Delhi [India], April 9 (ANI): India's Basmati rice export sector has remained resilient despite tensions in the West Asia region, with exporters saying the impact of the conflict has been far less severe than initially feared due to alternative supply routes and timely policy support from the government. According to Dev Garg, Vice President of the Indian Rice Exporters Federation (IREF), the sector faced initial disruptions after the conflict began, but has since stabilised and is currentl ...Read More >
Pune: BMW, India's second biggest German luxury car maker Wednesday said it clocked the highest-ever Q1 car sales, registering consistently high double-digit growth in an otherwise moderate luxury car segment performance. The maker of popular BMW M2 CS and BMW X3 30 models, sold 4,567 cars in the first quarter of calendar year 2026, achieving year-on-year high growth of 17 per cent. The company said each month in the January-March period recorded its best-ever sales, indicating sustained deman ...Read More >
Gurugram (Haryana) [India], April 8 (ANI): After tensions in West Asia rattled global oil markets, India's luxury carmakers are seeing an unexpected beneficiary, electric vehicles. Also Read | Sanju Samson Gifts New Smartphone Worth INR 40,000 to Fan After Noticing Broken Screen on His Old Mobile. BMW Group India says the ongoing geopolitical turmoil is driving a measurable shift in buyer sentiment towards EVs, and the numbers are backing it up. BMW Group India posted its highest-ever first-q ...Read More >
New Delhi: BMW Group India posted its highest-ever Q1 car sales with 17 per cent growth selling 4,567 cars during the quarter, driven by strong demand for luxury electric vehicles, long wheelbase models and sports activity vehicles, the German luxury car-maker said on Wednesday. The electric lead continued in Q1 with 1,185 BMW and MINI EVs sold, achieving 83 per cent growth year-on-year. Every fourth car BMW Group India sells today is an EV. The company commands the largest market share of over ...Read More >
New Delhi, Apr 8 (PTI) BMW Group India posted its highest-ever Q1 car sales with 17 per cent growth selling 4,567 cars during the quarter, driven by strong demand for luxury electric vehicles, long wheelbase models and sports activity vehicles, the German luxury car-maker said on Wednesday. The electric lead continued in Q1 with 1,185 BMW and MINI EVs sold, achieving 83 per cent growth year-on-year. Every fourth car BMW Group India sells today is an EV. The company commands the largest market s ...Read More >
New Delhi [India], April 7 (ANI): India's electric vehicle transition gathered pace in FY26, with total EV retail sales across two-wheelers, three-wheelers, passenger vehicles and commercial vehicles rising about 24.6 per cent year-on-year to around 24.52 lakh units, according to retail data shared by the Federation of Automobile Dealers Associations (FADA). The sharp rise in EV adoption comes at a time when crude prices are hovering around USD 100/barrel due to West Asia crisis. India remains ...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 >
New Delhi: The TV industry, which already faces soaring prices of memory chips (RAM), is bracing for a decline in sales, weighed down by rising cost of plastics to ocean freight on account of ongoing geopolitical tensions in West Asia. Some manufacturers are also flagging concerns over a potential downtrading trend as buyers shift towards smaller screen sizes amid rising prices. Moreover, rupee depreciation has pushed up overall production costs, leading to higher television retail prices. Als ...Read More >
New Delhi: The TV industry, which already faces soaring prices of memory chips (RAM), is bracing for a decline in sales, weighed down by rising cost of plastics to ocean freight on account of ongoing geopolitical tensions in West Asia. Some manufacturers are also flagging concerns over a potential downtrading trend as buyers shift towards smaller screen sizes amid rising prices. Moreover, rupee depreciation has pushed up overall production costs, leading to higher television retail prices. Als ...Read More >
New Delhi, April 4 (SocialNews.XYZ) Union Minister Dr Jitendra Singh met with International Diabetes Federation President-elect Dr Niti Pall, and the latter highlighted that Asian and African countries "are increasingly looking to India for affordable diabetes care solutions," due to leadership in supplying cost-effective vaccines, an official statement said on Saturday. Dr Singh and Dr Pall discussed indigenous biosimilar insulin production and diabetes related indigenous biomanufacturing pros ...Read More >
NEW DELHI, Apr 4 : "International Diabetes Federation" (IDF) President-elect, Dr Niti Pall, currently on India visit, called on Union Minister Dr Jitendra Singh, who is also a noted Professor of Medicine & Diabetes, and discussed, among other things, indigenous biosimilar Insulin production as well as Diabetes related indigenous biomanufacturing prospects. The meeting underscored the importance of strengthening India's capabilities in insulin manufacturing, particularly biosimilar insulins and ...Read More >
Dehradun, Apr 3 (PTI) Uttarakhand's quota for commercial LPG cylinders has been increased by 26 per cent to 66 per cent and based on that, 6,310 units will now be distributed daily, officials said on Friday. The State Secretary for Food and Civil Supplies, Anand Swarup, stated that a new Standard Operating Procedure (SOP) has been issued in this regard. He noted that the objective of the new SOP is to ensure a balanced, priority-based, and transparent distribution among various consumer catego ...Read More >
New Delhi, Apr 3 (PTI) Home-grown FMCG major Dabur expects its consolidated revenues to grow in mid-single digits in the March quarter of FY26, led by a sequential recovery in the domestic market and double-digit growth from the international market. Besides, the company expects its operating profit to grow ahead of the topline, said Dabur in an update for the quarter ended March 31, 2026. The March quarter witnessed "steady momentum" in the domestic India business, underpinned by a stable mac ...Read More >
New Delhi: Network equipment maker TP-Link said its India unit is part of its US entity, which split from China in 2024, refuting claims of being Chinese and thus banned from selling its CCTV cameras in India. TP-Link India CEO Sanjay Sehgal told ET that the Indian entity, TP-Link India is part of TP-Link Systems, and not China-based TP-Link Technologies, with a Singapore-based holding company owning 99.9% stake in the Indian entity. To be sure, the Irvine, California-based TP-Link Systems is ...Read More >
New Delhi : HDFC Securities, a leading stockbroking company and a subsidiary of HDFC Bank, today announced a comprehensive organizational restructuring aimed at strengthening its market position and accelerating growth. These changes, effective April 1, 2026, reflect the company's commitment to innovation, operational excellence, and customer-centricity, as it continues to redefine the future of investing in India. As part of this strategic reorganization, HDFC Securities is pleased to announce ...Read More >
Pune, 1 April 2026: Force Motors Limited, India's largest van maker and a leading automotive manufacturer, reported total domestic wholesales of 36,536 units in FY 2025-26, registering a 20% growth compared to 30,531 units in FY 2024-25. The year witnessed growth across the portfolio, owing to strong demand in both urban and rural passenger mobility segments and continued strength in institutional and defence businesses. The company's flagship, Force Traveller, maintains its leadership in the l ...Read More >
New Delhi, Apr 2 (PTI) Ola Electric on Thursday announced a price reduction of Rs 60,000 on its flagship electric motorcycle, Roadster X+ 9.1 kWh powered by its 4680 Bharat Cell. The move has been enabled by rapid economies of scale at its Gigafactory and deep vertical integration of its indigenously developed 4680 Bharat Cell, Ola Electric said in a statement. As cell production has ramped up, cost efficiencies have improved materially, allowing Ola Electric to pass on these benefits directly ...Read More >
New Delhi, April 2 (SocialNews.XYZ) The government's calibrated 8.5 per cent hike in aviation turbine fuel (ATF) prices for domestic airlines may offer short-term relief to oil marketing companies (OMCs), according to analysts. Analysts at global brokerage firm Nomura have estimated that state-owned fuel retailers continue to lose heavily on ATF sales amid a war-driven surge in global oil prices. At current prices, the brokerage has estimated that OMCs are losing around Rs 64 per litre on dome ...Read More >
Mumbai: Mahindra & Mahindra has surpassed JSW MG Motor to become the second-largest electric carmaker in terms of monthly sales, according to March vehicle registration data. The manufacturer of BE 6 and XEV 9e sold 5,217 units of EVs the past month, narrowly ahead of JSW MG Motor's 5,113 units. For the financial year ended March 31, JSW MG Motor stayed at the second spot, show data from the government's Vahan portal. Long-time leader Tata Motors sold 8,224 electric vehicles in March, up 65% f ...Read More >
New Delhi: In one of the biggest upsets in the Indian car industry, homegrown Mahindra & Mahindra and Tata Motors pipped Korean Hyundai to emerge as the second- and third-largest passenger vehicle makers in the country, behind only Maruti Suzuki. The growth for M&M as well as Tata Motors is nothing short of remarkable as the two companies rode the love of Indians for SUVs to gain market share and volumes. Also, the strong focus on vehicle safety as well as connected cars also helped them grow st ...Read More >
New Delhi, Apr 1 (PTI) Auto components maker Kay Jay Forgings Ltd has filed draft papers with markets regulator Sebi to raise Rs 360 crore through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares aggregating to Rs 300 crore and an offer for sale (OFS) of shares worth Rs 60 crore by promoters, taking the total issue size to Rs 360 crore, according to the draft red herring prospectus (DRHP). The company may also consider a pre-IPO placement of up to Rs ...Read More >
New Delhi, Apr 1 (PTI) Ola Electric on Wednesday announced a strong comeback in business performance with daily orders crossing 1,000 units in the last week of March 2026 and registrations rising to 10,117 units during the month (as per VAHAN), up from 3,973 units in February, translating to over 150 per cent month-on-month growth signaling a sharp resurgence in demand momentum. Market share also witnessed a V-shaped M-o-M recovery, with the company continuing to gain share through the month, O ...Read More >
India's Unified Payments Interface (UPI) processed 218.6 billion transactions in the fiscal year ending March 2026, with a cumulative value of Rs 284.7 lakh crore, according to data from the National Payments Corporation of India (NPCI). Transaction volumes remained consistently elevated, crossing the 20-billion mark in several months, even as growth showed signs of tempering in the latter part of the year. January recorded the highest volume with 21.7 billion transactions, followed by Decembe ...Read More >
Apple's India journey is accelerating. The company is now a top smartphone player, with record revenues and shipments. Manufacturing in India has surged, making it a key production hub. Apple is expanding its retail footprint with new stores and investing in local operations. This growth signals a strategic long-term commitment, positioning India as a vital market for Apple's future. In the mid-1970s, long before he co-founded Apple, a young Steve Jobs travelled to India in search of spiritual ...Read More >
NEW DELHI (Reuters) -- Indian low-cost carrier IndiGo named Willie Walsh, the current director general of the International Air Transport Association, as its new chief executive on Tuesday. Walsh's tenure as head of the global airline industry body comes to a close on July 31, and he is expected to ... ...Read More >
NEW DELHI, March 31 (Reuters) - Indian low-cost carrier IndiGo (INGL.NS), opens new tab named Willie Walsh, the current director general of the International Air Transport Association, as its new chief executive on Tuesday. Walsh's tenure as head of the global airline industry body comes to a close on July 31, and he is expected to join IndiGo no later than August 3, the airline said in a statement. Walsh's appointment comes weeks after Pieter Elbers abruptly stepped down as IndiGo's CEO foll ...Read More >
Mumbai, March 31: Jubilant FoodWorks Limited (JFL) has announced its decision not to renew its master franchise agreement for the Dunkin' brand in India, marking the end of a 15-year partnership. In a regulatory filing, the company stated that the Multiple Unit Development Franchise Agreement (MUDFA), originally signed in February 2011, will officially expire on December 31, 2026. The move signals a strategic shift for India's largest food service company as it moves to restructure its diverse b ...Read More >
New Delhi [India], March 31 (ANI): Bharti Airtel announced a USD 1 billion investment in its data centre subsidiary Nxtra Data Limited, with participation from global investors including Alpha Wave Global, Carlyle and Anchorage Capital. According to Bharti Airtel's press release, the investment round will see Alpha Wave Global infuse USD 435 million, Carlyle USD 240 million and Anchorage Capital USD 35 million, while Airtel will contribute the remaining amount. Airtel will continue to retain a ...Read More >
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