Page 9 - Anjali Singh

Bajaj Auto restarts Chetak deliveries; secures supply of rare earth magnets

Bajaj Auto resumes deliveries of its Chetak electric scooter after overcoming global supply disruptions, securing sufficient rare earth magnets for the upcoming festive season

Tyre makers expect H2 FY26 rebound on festive demand, rural recovery

Apollo, Ceat and JK Tyre expect demand to pick up in H2 FY26 on festive buying, rural recovery and steady replacement demand, though uneven rainfall weighs on tractor sales

EVs set to dominate 2025 festive launches, rare-earth crunch a concern

India may see its busiest EV festive season in 2025 with SUVs, luxury cars and scooters set to launch, but rare-earth supply bottlenecks risk delaying rollouts

Ola Electric targets global market with ₹5 lakh Diamondhead EV motorcycle

Ola Electric unveils the Diamondhead EV motorcycle with a Rs 500,000 price tag, aiming for global market expansion, while integrating a homegrown 4680 battery into key scooter and motorcycle models

Glenmark Q1 profit tanks 86% on US settlement hit; revenue stays flat

The sharp profit fall was due to a provision of $37.75 million made by Glenmark to settle US antitrust and consumer protection lawsuit with a putative direct purchaser class, subject to court approval

Mixed Q1 results for top drug firms amid price erosion, tariff threat

Fresh launches boosted growth for players like Lupin, Torrent

Jawa-Yezdi motorcycles maker rides through Trump tariff headwinds

5,000 bikes stuck at US Customs as company hopes duty rates stay in the 0-10% range

Festive discounts remain high as carmakers rush to clear inventory

With Rakshabandhan and Ganesh Chaturthi falling during the month, the discounts are almost at a similar level as compared to last year

Electric two-wheeler manufacturing loses charge amid rare earth shortage

Industry racing to fast-track magnet-free designs, diversifying sourcing

EV car sales nearly double in July; two-wheeler demand slips: FADA data

Passenger EV sales surged 93% YoY in July 2025, even as electric two-wheeler volumes fell 4.3% due to production cuts and soft demand, FADA data showed

JK Tyre Q1 net profit drops 21%; eyes margin lift on cost stability

JK Tyre Q1 net falls to ₹165 crore despite revenue rise to ₹3,868 crore; sees margin upside ahead with stable raw material prices and premium portfolio push

US tariffs raise concerns across India's automotive and component sectors

Tariff hike to 50% may hit Indian exports of tyres and auto components to the US; industry explores nearshoring, diversification, and cost efficiency measures

Build competitiveness, diversify export markets amid US tariff scare: ACMA

ACMA says US tariffs on select Indian imports, including auto parts, present short-term challenges but highlight the need for improved competitiveness and export diversity

Hyundai sees automotive demand recovery amid favourable govt policies

For the financial year 2025-26, HMIL projects its domestic growth to align with industry estimates of a low-single digit increase

Bajaj Auto Q1 profit up 14% as exports, EVs and premium bikes drive growth

Bajaj Auto posts Rs 2,210 crore net profit in Q1FY26, up 14% Y-o-Y, with revenue rising 10% to Rs 13,133 crore, fuelled by strong exports, premium motorcycles, and EV sales

Gland Pharma Q1 profit jumps 50% on core growth, Cenexi turnaround

Sequentially, the company's net profit rose by 15 per cent, and revenue increased by 6 per cent

Oben Rorr EZ Sigma launched at ₹1.27 lakh with smart features, fast charge

The 4.4 kWh variant is priced at ₹1.37 lakh. These prices are valid for a limited period, after which they will rise to ₹1.47 lakh and ₹1.55 lakh respectively

Alembic Pharma Q1 net profit rises 14% to ₹154 crore, revenue up 10%

Alembic reports ₹154 crore net profit in Q1FY26, driven by growth in US generics, RoW markets and new launches, despite sequential dip in revenue and profit

JLR appoints PB Balaji as CEO; Adrian Mardell to retire in December

Jaguar Land Rover appoints P.B. Balaji as CEO, effective November 17, 2025, following Adrian Mardell's retirement after 35 years at the company, including three years as CEO

Ather Energy's Q1 loss narrows to ₹178 crore, revenue soars by 79%

Ather Energy's Q1FY26 results show a significant 79% revenue surge, driven by a shift to premium products and expanded retail and charging networks, helping the company narrow losses