Page 2 - Sohini Das

Mercedes clocks best ever Navaratri with retail sales of 2,500 cars

After a sluggish July-August, Mercedes-Benz India posts record Navratri sales on GST cut boost; entry-level models lag but GLA under Rs 50 lakh may revive demand

Analysts expect Indian drugmakers to strike US deals to avoid tariff blow

If Sun Pharma is able to strike a Pfizer-like deal, it may avoid US tariff in near term, say experts

Tata Motors stock may face near-term volatility post demerger: Analysts

Analysts expect Tata Motors' stock to face near-term volatility after the PV-CV demerger, with JLR's production resumption and festive demand outlook key monitorables

TaMo invests ₹120 cr in Freight Tiger, raises total commitment to ₹270 cr

Tata Motors raised its Freight Tiger investment to Rs 270 crore with a fresh Rs 120 crore infusion, lifting its stake to 42-46 per cent to back AI-led logistics solutions

M&M to sell Finnish subsidiary Sampo Rosenlew to TERA for ₹52 crore

Mahindra & Mahindra will divest its Finnish arm Sampo Rosenlew Oy, maker of combine harvesters and forestry machines, to TERA for Rs 52 crore under a share purchase agreement

Tariff uncertainties may spur rise in third-party pharma manufacturing

Analysts say Indian drugmakers may lean on CDMOs, US plants and diversification to safeguard high-value products as Trump's 100% tariff threat looms over patented drugs

Indian pharma firms likely to dodge immediate impact of Trump's tariff

Trump's 100% tariffs on branded drugs will spare Indian generics, though analysts see exposure for Sun Pharma, Biocon and Aurobindo, with Jubilant Pharmova set to benefit

Skoda brings back Octavia in India; only 100 units up for sale in 2025

Skoda Auto India will reintroduce its high-end Octavia RS as a fully built import next month, with limited units and pre-bookings starting October 6 alongside network expansion

JLR India operations remain unaffected by UK plant shutdown, cyber-attack

Jaguar Land Rover's India operations are not impacted by UK plant shutdowns after cyber-attacks, with sufficient inventory supporting demand for cars and spare parts

TVS Motor to acquire Engines Engineering as it sets up global design centre

TVS has come a long way from being just a strong domestic manufacturer. The company's two-wheeler exports grew significantly by 22.8 per cent in FY25, reaching 1.09 million units

Car dealers take ₹2.5K cr cess blow, turn to original equipment makers

Industry estimates impact for every dealer at ₹3-5 crore

GST reforms: Tax cut and 'Navaratri' bring cheer to car showrooms

Maruti Suzuki got 80,000 enquiries and delivered over 25,000 cars

Small cars drive India's PV export growth amid fall in domestic sales

Maruti's top five models for exports in FY26 are Fronx, Jimny, Swift, Baleno and Dzire with the top five markets being Japan, West Asia, Africa, and Latin America

GST reforms: New regime, but old problems persist for car dealers

With new GST rates kicking in, auto dealers face uncertainty on recovering compensation cess from unsold stock, even as OEMs cut prices to spur festive demand

Auto firms tap digital universe, coaching staff to steer leads to showrooms

OEMs, too, are investing in dealer training and working to filter digital leads, besides using artificial intelligence (AI) tools to ensure better conversions

Blue Energy Motors raises $30 million from Nikhil Kamath, Omnitex

Blue Energy Motors raised $30 mn from Nikhil Kamath and Omnitex to expand LNG and EV truck output, boosting capacity to 10,000 units with Essar and FPT as backers

More speed, accuracy: AI a booster shot for hospitals, diagnostic companies

Hospital chains like Apollo and Aster lead the way as AI boosts accuracy, cuts costs, and transforms patient outcomes

Simple Energy develops India's first heavy rare earth-free EV motor

This shields the e2W maker from dependence on elusive Chinese imports of critical minerals

PV production fell 4.1% in August as OEMs cut dispatches to dealers

Passenger vehicle production and dispatches fell in August as demand weakened after GST 2.0, while two- and three-wheeler sales recorded strong growth, led by scooters and SUVs

India's auto-component industry to touch $200 bn by 2030: McKinsey

Domestic autocomp sales are projected to grow 7-8 % per annum until financial year 2030