Balachandar Gangadharan

Record revenue show by auto parts sector

Shradha Suri Marwah, President of ACMA and CMD of Subros, stated that the Indian auto component sector remained a key pillar of the country’s...

Jindal Mobilitric awaits nod for E2W

The company has already submitted the EV model for homologation and is currently awaiting government approval. Once the approval is granted, the company plans...

₹300-cr NCD issue from Edelweiss Fin

The NCDs, each with a face value of ₹1,000, offer effective annual yields ranging from 9.00% to 10.49%. The instruments will be issued in...

Hardeep Singh Brar is the new CEO of BMW Group India

Brar succeeds Vikram Pawah, who will assume the role of CEO for BMW Group Australia and New Zealand. Brar brings over three decades of experience...

CV industry seen to rebound in FY26

The Light Commercial Vehicle (LCV) segment is projected to register growth of 2–4%, while the Medium and Heavy Commercial Vehicle (MHCV) segment is anticipated...

Auto retails up 4.85% in Q1; June sales down sequentially

While quarterly performance remained robust across categories, June witnessed a 9.44% month-on-month (MoM) decline due to seasonal factors, liquidity concerns, and erratic weather patterns. In...

ABS rule may hit entry 2W recovery

The draft amendments to the Central Motor Vehicle Rules (1989), released by the Ministry of Road Transport and Highways (MoRTH) on June 27, 2025,...

GMM Pfaudler to buy SEMCO for $18.5 m

The deal is expected to close in the second quarter of FY26. The transaction will be financed through internal accruals and debt, the company...

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