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Carmakers shift into overdrive with extended festival season deals

An industry source added that the sector fears lower sales in November and December

Hyundai Motor sets sight on domestic sales of 600,000 units in CY2023

HMIL also reiterated its plans to invest around Rs 20,000 crore strategically towards building an electric vehicle (EV) ecosystem in India

Tech tango: Slow robot deployment, not accidents, worries Indian industry

Robotics experts insist accidents such as these are usually a result of human error. Working with robots, they say, demands strict adherence to safety protocols

We will grow above 28% this fiscal: Shriram Life MD Casparus J H Kromhout

The rural population in India is around 65-70 percent. It is much more difficult to reach rural customers, said Kromhout

State govts falling back on thermal power as electricity demand surges

High demand pushes states towards coal

Telangana's three-act political drama, starring BRS, Congress, and BJP

As curtains rise on Telangana's drama, the spotlight intensifies as parties weave a dramatic narrative, blending welfare schemes, strategic moves, and the looming spectre of a triangular showdown

Full charge ahead: Kerala becomes the new electric two-wheeler hub

Reasons include customer awareness and government incentives

Ashok Leyland's Q2 net profit zooms over two-fold to Rs 569 crore

The company's revenue also surged by 19 per cent to Rs 11,429 crore

Automobile dealers flag 'distress' if Diwali sales fail to dazzle

The country's largest passenger car maker Maruti Suzuki India (MSIL) agreed that inventory levels are inching up in some models

Oct auto retail sales dip 8% due to Shraddh period; Navratri sales up 18%

Navratri of 2023 marked a milestone, with retail sales soaring by 18 per cent year-over-year, surpassing the figures of Navratri 2017

India-Russia new sea trade route plan in final stages of clearances

The Indian authorities have identified coking coal, crude, liquefied natural gas (LNG) and fertilisers as major commodities that will be traded in the route

Scheme to tackle pollution by processing units in sectors on the cards

With an eye on FTAs, govt is considering incentivising industry to invest in solutions

Jaguar Land Rover, CVs take Tata Motors net profit to Rs 3,764 crore

Reports suggest this was lower than expected because supply-chain constraints continued to affect vehicle production

Three-wheelers dominate Indian roads, sales exceed 100K mark in Sept, Oct

After nearly 64 years, three-wheelers not only populate Indian roads but are seeing renewed interest, with sales exceeding the 100,000 mark for the first time in September

119 Indians donated Rs 5 cr-plus in FY23, Shiv Nadar gave Rs 5.6 cr a day

Philanthropy report card: Indian billionaires donated 59% more

India's UPI transactions scale new high in Oct; clock Rs 17.2 trn in value

According to data shared by the NPCI, this is 56 per cent higher in volume terms compared to 7.30 billion in October 2022 and 42 per cent higher in value terms compared to Rs 12.12 trillion last year

Dhanlaxmi Bank starts hunt for new CEO, Shivan's term to be over in January

The search-cum-selection committee, constituted by the board at its meeting held on Wednesday, will identify and evaluate suitable candidates for the position

TVS Motor posts marginal rise in Q2 consolidated net profit to Rs 386 crore

During the quarter under review, the company's revenue from operations increased by 16 per cent to Rs 9,932.82 crore as against Rs 8,560.76 crore in the July to September quarter of FY23

AUM to see 18-20% growth during second half: Shriram Finance's Revankar

Executive vice chairman of Shriram Finance, believes that the company's assets under management (AUM) may see healthy growth during the rest of the year as well

Space-tech company Skyroot raises $27.5 mn in funding round led by Temasek

Skyroot plans to utilise the newly acquired capital to drive its next growth phase