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Mahindra readies next mass-market EV push with NU_IQ platform

New Delhi, Aug. 17 -- Mahindra & Mahindra is preparing to deepen its presence in India's mass-market electric SUV segment through its NU_IQ architecture after deliberately beginning its new-genera... Read More


GST cut, stable interest rates keep auto demand resilient, M&M's Jejurikar

New Delhi, Aug. 16 -- Mahindra & Mahindra is doubling down on both internal combustion engine (ICE) vehicles and electric vehicles (EVs), betting that a rare combination of improved affordability,... Read More


Mahindra bets on SML acquisition; eyes 10-12% CV market share by FY31

New Delhi, Aug. 16 -- Mahindra & Mahindra is betting that its acquisition of SML Isuzu will provide the scale, portfolio breadth and service reach needed to accelerate growth in India's above-3.5-... Read More


Mahindra targets doubling of lifestyle pick-up market with sub-Rs.20-lakh Scorpio Lifestyler

New Delhi, Aug. 15 -- Mahindra is targeting a more than doubling of India's lifestyle pick-up market to close to 10,000 units annually over the next few years from roughly 4,000-4,500 units now, as it... Read More


Belrise Industries eyes expansion after Rs.1,700-crore QIP, Hyva deal; Q1 PAT rises 9%

New Delhi, Aug. 15 -- Pune-based Belrise Industries is shifting its focus from balance-sheet deleveraging to expansion, using fresh capital to pursue acquisitions, build manufacturing capabilities and... Read More


Modi Naturals targets Rs.900-950 crore FY27 revenue

New Delhi, Aug. 14 -- NSE Listed Modi Naturals Ltd, maker of premium edible-oil brand Oleev and a growing grain-based ethanol producer, is targeting 25-32 per cent revenue growth in FY27 to Rs.900-950... Read More


JLR sees Q1 as FY27 low; new Range Rovers, Jaguar Type 01 to drive growth

New Delhi, Aug. 14 -- Jaguar Land Rover expects the June quarter to mark the low point for sales and cash generation in FY27, with production normalisation and a richer product mix driving the immedia... Read More


India lifestyle pick-up market eyes 10,000 units as Mahindra joins Toyota, Isuzu

New Delhi, Aug. 13 -- India's lifestyle pick-up market could more than double to around 10,000 units annually over the next few years from roughly 4,000-4,500 units currently, as Mahindra & Mahind... Read More


Tata Motors EV demand triples; Punch EV waiting period tops 8 months

New Delhi, Aug. 13 -- Tata Motors Passenger Vehicles is accelerating electric vehicle production after demand surged to roughly three times January-February levels, but supply is struggling to keep pa... Read More


Tata Motors PV Q1 profit plunges 80% as JLR, commodity costs bite

New Delhi, Aug. 13 -- Tata Motors Passenger Vehicles Ltd reported an 80.3 per cent year-on-year fall in its consolidated net profit in the June quarter to Rs.775 crore. The company had reported a bott... Read More