Anjali Singh

Dealers being asked to invest crores on short-term letters of intent, says FADA president Sai Giridhar

The group is betting on telematics, connected-vehicle platforms, government-service digitisation and road-safety solutions to drive growth

Rs 1,000-cr IPO opens September 16

The Jawa and Yezdi maker will raise capacity from 120,000 to over 200,000 motorcycles by year-end as it prepares for higher domestic sales and exports

The auto-component maker expects global growth to be led by instrument clusters, wiring harnesses, EV components and electronics as it increases four-wheeler penetration

While 64 per cent of healthcare leaders surveyed have piloted AI applications, only 11 per cent have moved them into production, with data quality the biggest hurdle

The company's board approved the transaction on Monday, following which Novartis India executed an asset purchase agreement and trademark assignment deeds with Pfizer Inc and Pfizer Products Inc

Maruti Suzuki's premium hatchback sales grew 28 per cent between April and August, compared with 17 per cent growth for the industry

Automaker plans dedicated sub-four-metre electric model; targets 50 per cent combined share for EVs, hybrids and CNG vehicles by 2030

Commerce minister says government will use company-wise import-export data and IEC numbers to assess genuine localisation and map automotive supply ecosystems

The road transport minister also urged automakers to offer discounts against scrappage certificates to accelerate fleet replacement and boost demand for new vehicles

Commerce minister asks industry to leverage trade agreements, build overseas manufacturing presence, move up the value chain and strengthen supply-chain resilience

ACMA and BCG said fast-growing sectors such as data centres and renewables are competing for common inputs and talent, even as vehicle demand remains robust

Dealers seek higher workshop revenue per vehicle and action on competition from multi-brand outlets as FADA prepares to take profitability concerns to manufacturers

The launch marks Aurobindo Pharma's entry into the US inhalation market and expands its complex generics portfolio beyond conventional oral solid formulations

The latest PLI sanction gives Ola Electric incremental liquidity as the company works to lower operating losses and reduce cash consumption

Automaker evaluates global portfolio as EV penetration is projected to reach 17-18 per cent by 2030

Production and dealer stocking rise ahead of festivals, but high base and inventory risks loom over H2 growth

Evaluates India-made electric SUV as it deepens localisation, expands its retail network beyond 200 locations and looks to widen its customer base in smaller markets

The company plans to expand its dealership network and leverage SML Mahindra as it targets higher market share in key heavy truck segments