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3 mins read

Stock markets end on positive note despite early setbacks

The BSE Sensex ended the day with an uptick of 131.18 points closing at 77,341.08. Meanwhile, the b…

ANI   


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2 mins read

Market Morning: Except for FMCG, consumer durables, sectoral indices open in red

During early morning trade, IndusInd Bank, Cipla, Tata Steel, Adani Ports and and SBI lost signific…

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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…

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4 mins read

PV sales to shift gears courtesy festive season but 2-wheelers’ struggles to continue

The auto sector has been recovering, albeit slowly, after the pandemic. The second quarter of the c…

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2 mins read

With monsoon worries gone, auto sector bets on stellar festive revival

As the festive season is upon us, there is a sense of eager anticipation and excitement that is swe…

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1 min read

India's automobile, pharma, tourism sectors expected to grow at rapid pace: PM Modi

Prime Minister Narendra Modi on Monday while addressing the Rozgar Mela where he distributed over 5…

PTI   


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6 mins read

Three wheelers see record sales as auto sector posts 9% growth between April-September

Three wheeler sales in the first half of the current financial year (FY24) have hit a record and be…

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1 min read

Indian auto sector can become export-led $1 trillion industry by 2035: Arthur D Little

The Indian automobile sector has the potential to become an export-led USD 1 trillion industry by 2…

PTI   


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3 mins read

Auto and BFSI seen driving India Inc’s earnings growth this financial year

India’s top listed companies’ March-quarter earnings largely met analyst expectations, driven by st…

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4 mins read

India auto sales seen rising 7-9% in FY24: Passenger & commercial vehicles to drive demand

The Indian auto industry is expected to register a sales volume growth between 7-9% in FY24, buildi…

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3 mins read

Auto and finance stocks can bounce back even if the market crashes in July

While the auto sector has struggled and underperformed the benchmark Nifty 50 index, analysts belie…

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2 mins read

Tesla stock could soar 50% and is the top pick in an auto sector that's seeing an EV 'shake-out,' Morgan Stanley's Adam Jonas says

"Tesla's recent price cuts are just the latest sign the EV market may be entering the 'shake-out' p…

Brian Evans   


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2 mins read

Automobile marketplace Droom is raising $200 million in a pre-IPO round at unicorn valuation

Online automobile marketplace Droom has got the wheels rolling for its initial public offering (IPO…

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E-commerce and digitisation to accelerate India's auto sector growth, says report

Strong acceptance of e-commerce and digitisation is expected to accelerate the growth of India's au…

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5 mins read

India’s auto stocks cheer after Parliamentary Panel agrees that they need more stimulus and the dealers need loans with less collateral

Indian benchmark indices remained in the grip of bulls, recording fresh highs during the trade toda…

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2 mins read

With 32 million jobs at stake in India’s auto sector, the Modi government may ease tax burden on cars

Currently, the automobile sector attracts 28% GST along with personal-use aircrafts, lotteries…

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1 min read

Parliamentary panel suggests lower GST rate for auto sector

The committee noted that some of the factors that contributed to slowdown are non-availability of …

PTI   


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Uday Kotak says Kotak Mahindra Bank 'needs to be clear on lending' as profits dip by 10% in Q4

Kotak Mahindra Bank reported a 10% decline in consolidated net profit at ₹1,951.82 crore for the fo…

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3 mins read

RBI announces incentive for lending to MSME, home, auto sectors

"As a part of this, it has now been decided that scheduled commercial banks will be allowed to ded…

PTI