Page 22 - Anjali Singh

Curtains rise today on Tesla's India foray; Model Y tipped as flagbearer

Real estate analysts watching Tesla's impact on rentals closely

Temasek's India exposure hits $50 bn, eyes $3-4 bn annual investments

Temasek Holdings increases its India exposure to $50 billion by March 2025, with plans to invest $3-4 billion annually, focusing on sectors like financial services, healthcare, and sustainability

UK company AEM set to bring rare-earth-free technology to India

The firm has partnered with Sterling Tools Limited's EV arm, Sterling Gtake Electro Mobility (SGEM), to localise production and assembly of its traction motors at SGEM's Faridabad facility

Used-car sales to expand 8-10% in FY26, outpace new vehicles: Crisil

The used-to-new car sales ratio has increased to 1.4 from less than 1 five years ago. The market value of these used cars is estimated to be around Rs 4 trillion, nearly matching that of new car sales

Glenmark arm inks $700 million licensing deal with US-based AbbVie

IGI Therapeutics, a wholly owned subsidiary of Glenmark, has licensed its cancer and autoimmune drug ISB 2001 to AbbVie for an upfront payment of $700 million

Daimler Truck targets over 60,000 units to scale up operations by 2030

India to become a strategic base for Daimler Truck's global operations in manufacturing, R&D and exports under its Unlock Full Potential transformation plan

Anthem Biosciences expands manufacturing capacity ahead of ₹3,395-cr IPO

CRDMO firm Anthem Biosciences expands peptide and API production, with Unit 4 under development, as it prepares for a Rs 3,395-crore IPO opening on July 14

India's electric vehicle sales surged in June; slow start for e2Ws: Fada

India's EV market continued to expand in June 2025, with a notable rise in passenger vehicle sales. However, the two-wheeler segment saw a dip in H1 performance due to a weak start to the year

Tata Motors' global wholesales fall 9% in Q1, led by JLR and PV segments

Tata Motors Group's global wholesales fell 9% YoY in Q1 FY26, reaching 2,99,664 units, with declines in both commercial and passenger vehicles, including Jaguar Land Rover (JLR).

JLR reports Q1 sales decline due to Jaguar phase-out and US tariffs

Jaguar Land Rover (JLR) reports a 10.7% drop in Q1 FY26 wholesale volumes and 15.1% decline in retail sales, citing the Jaguar phase-out and US import tariffs as major factors.

OLX India launches Elite Buyer plan to improve second-hand deals

The subscription-based Elite Buyer Program gives users category-specific tags and verified leads to speed up responses and boost trust in second-hand transactions

Skoda Auto Volkswagen India to manage Bentley operations from July 2025

SAVWIPL becomes Bentley's exclusive importer and distributor in India from July 2025, establishing Bentley India and expanding its luxury portfolio in the country

Steep car discounts mark H1, two-wheeler sales hold firm in rural India

Passenger vehicle makers are offering deep discounts to clear unsold 2024 stock, while two-wheeler companies stay cautious amid steady demand and manageable inventories

Price pressures to intensify for drugmakers, says Sun Pharmaceutical

Sun Pharma expects global pricing strain due to policy shifts, as FY25 US sales rise 5.8% despite compliance challenges; specialty business lifts overall growth

Mahindra BE 6, XEV 9e Pack Two EV deliveries to start by July-end

BE 6 and XEV 9e Pack Two models to feature a new 79 kWh battery option with a 500 km range, Level 2 ADAS, fast charging and expanded connected car features

Pharma industry rebuts Siddaramaiah's claims on Covid vax, heart attacks

The chief minister said the government was probing if Covid vaccines -- which were "hastily approved" during the pandemic -- could be among the reasons behind these incidents

Hyundai Creta tops June sales, trails Wagon R in H1 2025 rankings

Creta records 15,786 units in June 2025, just ahead of Dzire, and ranks second in H1 sales as SUV demand remains strong amid competition from Maruti's broad lineup

PVs experience bumpy H1 ride; wholesales decline 6.4% in June to 320K units

In June, overall industry volumes dipped. According to industry estimates, wholesales fell 6.4 per cent to 320,000 units

Indian commercial vehicle industry to see 3-5% growth in FY26: Icra

ICRA projects modest 3-5 per cent growth for CV sector in FY26 on infrastructure revival, with buses outpacing other segments at 8-10 per cent growth

Mahindra group's top executives witness up to 98% jump in salaries

Anish Shah and Rajesh Jejurikar received pay hikes of up to 98 per cent in FY25 as Mahindra Group delivered strong growth in its automobile and farm sectors