Page 7 - Sohini Das

India-UK trade deal: Smooth road ahead as luxury cars set to get cheaper

Under the FTA, tariffs on automotive imports will come down by 50 per cent over 10 years (out of quota)

India-UK trade deal: Med device firms cautious about country of origin

The UK-India Free Trade Agreement is expected to boost trade in pharmaceuticals and medical devices, though industry players remain cautious about the impact of country of origin rules

Maruti Fronx tops SUV exports in FY25, clocks 100,000 units in 25 months

Fronx drives Maruti Suzuki's record FY25 exports with 69,000 units shipped globally, becoming the fastest SUV to cross 100,000 units in overseas sales

Renault eyes full capacity at Chennai plant, no new partner planned

In a major product launch from Renault in five years, the company on Wednesday launched a next-generation Triber priced attractively between ₹6.2 lakh and ₹8.4 lakh

Results preview: Pharma firms stare at muted earnings growth for Q1

Hospitals have a steady quarter with occupancies rising 100 bps

EV giant Tesla's India entry may have more symbolic than strategic value

Many see Tesla's India entry as an attempt to address the capacity glut at its global plants, from where excess inventory might be brought to India

Tesla rolls out Model Y in India, costlier than US, China and Germany

Tesla opens bookings for Model Y in India at up to ₹67.89 lakh due to high import duties, with first deliveries expected later in 2025 from Shanghai plant

Q1 results preview: Low volumes, discounts may have dented auto margins

Downside risks from rare-earth magnets an overhang for the sector

Valuation of Manipal Hospitals hits $13 billion; firm eyes IPO in 2026

Bengaluru-based Manipal Hospitals cements top spot with major expansion, aims IPO

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

No immediate production impact due to rare-earth crunch: JSW MG Motor

Company says parts pipeline remains steady for now as orders placed in April are arriving; rare-earth supply disruption remains under close watch for future impact

India's pharma exports to US surged in March amid tariff concerns

India's pharma exports saw a significant rise in March, driven by fears of impending US tariffs. Industry experts anticipate impact of potential reciprocal tariffs on India's future export strategy

Apollo AyurVAID aims for 1,000 beds by 2028, eyes ₹500 crore turnover

Apollo AyurVAID, one of India's largest Ayurvedic hospital chains, targets 1,000 beds and Rs 500 crore turnover by 2028, as demand for Ayurvedic treatments rises

Car price inflation may moderate 4.5% over 5 years as tech improves

While average selling prices rose 7.6% between 2019 and 2024 due to premiumisation and regulation costs, they are expected to rise more moderately at 4.5% CAGR till 2029

Luxury cars' share in EV sales up as uber rich shift to clean fuel

India's ultra-rich are embracing EVs, with the luxury electric segment growing 66% in 2025; Mercedes, BMW, Audi lead, aided by new launches and better charging infra

Torrent Pharma to acquire JB Pharma from KKR at ₹25,689 cr valuation

Torrent Pharma will acquire KKR's 46.39% stake in JB Pharma followed by open offer and merger, strengthening chronic segment and CDMO footprint in India and abroad

Torrent Pharma in advanced talks to acquire JB Chemicals from KKR

Torrent Pharma is negotiating to acquire JB Chemicals from KKR in a deal that may trigger an open offer, strengthening its position in the domestic pharma market

Mercedes-Benz India unfazed by China rare-earth magnets supply curbs

Company is 'comfortably placed' this year in sourcing critical supply, says automaker

Strong EV lineup pushes hybrids to the back seat; penetration hits 4.4%

EVs are taxed at 5% while hybrid vehicles attract an overall tax rate of 43%

Tata Motors plans new Ace diesel variant without DEF, targets SCV recovery

Tata Motors plans to reintroduce its Ace diesel mini-truck without SCR tech to reduce total cost of ownership, while expanding rural presence with Intra range