Shine Jacob

E20 effect: Petrol car market share dips, CNG leads alternative fuel charge

Petrol car penetration fell to a record low of 41.68% in July as E20 concerns pushed buyers towards CNG, hybrids and EVs, according to FADA

TVK's first Budget mixes poll promises with fiscal prudence in Tamil Nadu

The Vijay-led Tamilaga Vettri Kazhagam government unveiled a welfare-focused maiden Budget with allocations for poll promises, an AI city and farm loan waivers, while retaining fiscal discipline.

Sundram Fasteners posts 14% Q1 profit growth; earmarks ₹400 crore capex

Auto components maker reports 20 per cent revenue growth in Q1FY27 and plans fresh investments to expand capacity across automotive, aerospace, wind energy and defence

TVS Raider gets Doctor Doom-inspired Super Squad Edition at ₹95,320

The new Spectral Green variant features a colour-shifting finish, more than 85 connected features, iGO Assist and dual disc brakes with single-channel ABS

Water disputes back in spotlight amid El Niño and political shifts

Change of guard in some states and evolving El Niño dynamics are triggering fresh actions on raging water-sharing disputes in several states, Hemant Kumar Rout and Shine Jacob report

PM Modi lays foundation stone for ₹2,500 cr ASIP chip facility in Vizag

The Visakhapatnam OSAT facility, being developed with South Korea's APACT, will produce 96 million chips annually and create about 2,600 direct and indirect jobs

UPI clocks record monthly volume as July transactions rise 4.1% to 23.66 bn

Transaction volume rose 4.1 per cent from June and 22 per cent year-on-year as everyday digital payments and growing adoption beyond metropolitan markets supported growth

Skyroot's next mission: One launch a month; Vikram-2 liftoff by 2027-end

Skyroot Aerospace aims for monthly rocket launches by end-2027 as it prepares Vikram-2 and converts rising global interest into commercial contracts

Kerala in a tough position, but will keep promises, says CM V D Satheesan

Kerala plans to tackle its fiscal crisis through investments, blue economy, land reforms, diaspora funding and a silver economy, says CM V D Satheesan

Tata Power begins work on Rs 5,750-crore Andhra renewable project

TPREL's 800 MW project combines solar, wind and battery storage under Andhra Pradesh's clean energy policy, with completion expected to boost renewable capacity

TakeMe2Space's PowerBank-50 becomes first India-made satellite battery

The made-in-India satellite battery-powered an experimental payload at an altitude of 450 km, validating its performance through launch and harsh orbital conditions

Olectra becomes first to deploy 4,000 electric buses on Indian roads

Electric bus maker says its fleet has covered over 730 million km, avoiding 6.5 lakh tonnes of carbon dioxide emissions while serving multiple states

Tamil Nadu bags Chubb, Nordex GCC projects, first foreign university campus

Tamil Nadu signed agreements with Chubb, Nordex, UWA and MotiveLink for projects spanning GCCs, research, higher education and manufacturing, creating 2,920 jobs

Eicher Motors Q1 profit up 21%; Royal Enfield logs record quarterly sales

Board approves Rs 1,225-crore Phase-I investment for Andhra Pradesh plant as Royal Enfield and VECV post record first-quarter sales

Urea prices to remain around $500 a tonne: Coromandel International CEO

Coromandel International MD S Sankarasubramanian discusses fertilizer supply, subsidy outlook, urea prices, and the impact of the West Asia conflict on India

1991 was the turning point for auto sector: Maruti Suzuki's R C Bhargava

R C Bhargava talks about the rise of the Indian passenger vehicle market after the 1991 reforms and the industry's continuing transformation

TN govt taps Montek Singh Ahluwalia to chart roadmap for boosting revenue

Six-member panel will recommend measures to improve tax and non-tax revenues, enhance compliance and fiscal self-reliance amid the state's rising debt burden

TMB posts record Q1 net profit of ₹412 cr on improved asset quality, income

Private sector lender reports record quarterly earnings on improved asset quality, higher income and business growth, while targeting higher FCNR(B) deposits

Skyroot's Vikram-1 success puts India's private space sector in orbit

Experts say breakthrough paves the way for launch vehicles, manufacturing, and commercial space services

West Asia war a blow to Kerala's remittance-backed economy: CM Satheesan

Satheesan speaks about the impact of the West Asia war, a proposed high-speed rail project in the state and the Adani group's stake sale plan in the Vizhinjam port project