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3 mins read
Auto Industry sales to surge on the back of improved monsoon, festive season demands: Report
The domestic passenger vehicle industry volumes declined by low single digit in August 2024 as comp…
ANI
2 mins read
Passenger vehicle retail sales dip 5% in August 2024; FADA raises alarm over rising inventory level
Passenger vehicle retail sales in India witnessed a 5 per cent on-year decline in August on account…
PTI
2 mins read
Consumption loan portfolio expands 15% to Rs 90 lakh crore in FY24, notes CRIF report
The home loans portfolio saw growth slowing down to 7.9 % YoY in FY24, from the 23 % expansion seen…
PTI
2 mins read
In FY24, 272 companies went public as compared to 164 in FY23: SEBI
India's Initial Public Offering (IPO) market witnessed a resurgence in 2024, with a total of 272 co…
ANI
1 min read
Bajaj Auto Q1FY25 results: Net profit, EBITDA, exports see a major jump, leadership change imminent
The company's sales also saw a 7% YoY jump from 11,02,056 units in the June quarter, compared to 10…
2 mins read
Manufacturing sentiments, domestic demand up in Q1 FY25, notes FICCI survey
Manufacturing sentiments in India have shown an improvement in the first quarter of the financial y…
ANI
1 min read
Coal India E-auction revenue falls 7% to Rs 5,589cr in Q1FY25 amid higher sales
The decline in revenue occurred despite a nearly 37 per cent increase in e-auction volume to 23.18 …
PTI
1 min read
Auto sector poised for robust growth in July 2024 with double-digit surge in two-wheeler sales: Anand Rathi report
The surge is attributed to solid retail demand, estimated at approximately 15 per cent y/y, strateg…
ANI
2 mins read
Indian auto component industry turnover grows 9.8% in 2023-24; outlook positive: ACMA review
The turnover stood at Rs 6.14 lakh crore (USD 74.1 billion) during the year, said the ACMA, the bod…
ANI
3 mins read
Ambuja Cements Q1FY25 profit at Rs 789.63 crore; revenue at Rs 8,311.48 crore
The consolidated results of Ambuja Cements include the financial performance of its step-down firm …
PTI
3 mins read
India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report
This fiscal boost comes as India reaches a historic financial milestone. The total market capitaliz…
ANI
2 mins read
Festive season to drive over 15% growth in Indian Automobile Market, says report
The Indian automobile market will experience a significant surge of over 15 per cent growth during …
2 mins read
Two entities upgraded for every downgrade in FY24, hospitality sector records 23 upgrades: ICRA
The fiscal year of FY24 continued the ‘upgrade momentum’ that was set into motion in FY22, said the…
2 mins read
Asian Paints Q1FY25 results: Net profit dips by 25%, revenue also misses market estimates
The company's international sales also took a hit, down to Rs 679.1 crore from Rs 695.1 crore, ma…
2 mins read
Tata Motors shares slump 4% on poor sales data
On the BSE, scrip of Tata Motors dropped 3.69 per cent to trade at Rs 1,102.40 per piece. …
PTI
2 mins read
Voltas net profit declines 22% YoY to ₹110.64 crore in Q4 FY24
Air conditioning and engineering services provider Voltas Ltd on Tuesday reported a 22.75 per cent…
PTI
3 mins read
Electric two-wheeler sales crater in April 2024 as prices increase amid reduced subsidies
The sales of electric two-wheelers have come crashing down just a month after recording the best-ev…
3 mins read
Retail auto sales grow by 13% in February, but elevated inventory levels a concern
The Indian auto industry reported a 13% growth in sales in February 2024, with all the segments rep…
2 mins read
Passenger vehicles record 11.3% growth in February 2024, two-wheelers record 35% growth
The Indian auto companies continued to perform well in February 2024, starting the year on a positi…
7 mins read
After 21% growth in FY23, auto sales to hit slow lane in FY24: FADA
After March clocked in a 14% year-on-year growth in overall vehicle sales, auto sales for FY23 regi…