Deepak Patel

Automaker retains FY27 growth and margin guidance as it expects production to normalise after supplier disruption and export weakness caused by the West Asia conflict

Heavy Industries Ministry extends bid deadline to August 12 under the Rs 7,280-crore scheme to encourage domestic rare earth permanent magnet manufacturing

Board approves Rs 525 crore acquisition of Mahindra Truck and Bus Division, bringing all commercial vehicle operations above 3.5 tonnes under one listed entity

Final tranche under the ₹18,100-crore PLI scheme is reserved for grid-scale energy storage systems to support renewable energy integration

IndiGo says it has strengthened operations after last year's disruption as Rahul Bhatia outlines plans for global expansion and making India a major aviation hub

CEO says company recalibrating its strategy around evolving customer expectations and market realities

ARAI's forex proposal exposed wider industry concerns over the auto PLI scheme, with automakers seeking a simpler, faster certification and compliance process

Battery makers urge the Centre to exempt self-recycled batteries from mandatory certificate purchases, warning the proposed trading platform could discourage recycling investments

Tarun Kapoor says Delhi's move to allow only electric two-wheelers from 2028 sends the right signal; Centre may consider more support for e-trucks if PM E-Drive gains momentum

Delhi's EV Policy 2.0 proposes future electric car sales mandates and measures to discourage polluting vehicles, prompting concerns among automakers over production and technology choices

Passenger vehicle sales touched about 400,000 units in June, supported by tax relief, lower interest rates and robust rural demand, though higher crude oil prices remain a concern

ARAI has dropped its two-rate forex proposal for FY27 DVA calculations under the auto PLI scheme after automakers flagged audit, compliance and paperwork concerns

Fresh registrations to stop over the next 2 years under new EV policy

The startups will work on end-of-life lithium-ion battery recycling, procurement automation, multilingual customer engagement, brand visibility and software development

Battery recycling targets start after 8 years, but LFP batteries last longer

ICRA has raised its FY27 airline loss estimate to Rs 36,000-38,000 crore and cut traffic growth forecasts, citing higher ATF prices, a weaker rupee and lease costs

Wilson was referring to the network rationalisation Air India undertook because of the West Asia conflict, which started on February 28 when Israel and the US attacked Iran

Even before India's air taxi rules are finalised, hospitals and air ambulance operators are partnering with eVTOL startups to transform emergency care

The airline also aims to expand its passenger-handling capacity by more than 30 per cent year-on-year (Y-o-Y) in financial year 2027 (FY27)

Seeks use of average forex rate for DVA calculations