Tata Group companies tripled in market value and profit rose more than fivefold in six years as the country’s biggest conglomerate funded India’s biggest private-sector bets in aviation, semiconductors, batteries and digital commerce – businesses that together still lose nearly Rs 30,000 crore annually. Group holding company Tata Sons reported a 22% increase in FY26 … Read more
SIAM said the total production of passenger vehicles, three-wheelers, two-wheelers, and quadricycles in April 2026 was 29,22,427 units. File The first month of FY2027 posted high double-digit growth in passenger vehicles, three-wheelers, and two- wheelers according to wholesales data released by the Society of Indian Automobile Manufacturers (SIAM) on Thursday (May 14, 2026). This is … Read more
Road transport minister Nitin Gadkari said India must develop world-class infrastructure to achieve its target of becoming a $5 trillion economy and the third largest in the world, as the prime minister envisions. To meet this goal, priority is being given to four key sectors including water, power, transport and communication, Gadkari said in his … Read more
Tata Motors (TML) has offered to acquire 100% of Iveco Group N.V. Iveco officially came into existence on January 1, 2022, after splitting from CNH Industrial. Although it is incorporated as a Dutch company with its legal seat in Amsterdam, its core operations are based in Turin, Italy, where its headquarters are situated. Iveco Group’s … Read more
Mahindra & Mahindra (M&M) informed that it’s board has approved acquiring a significant stake in SML Isuzu. M&M is acquiring 59% from the promoter group entire 43.96% of Sumitomo Corporation; and entire 15% of Isuzu Motors Quite surprising the above 59% stake is being acquired @ Rs 650/ share totalling Rs 555 cr. This price … Read more
This was being expected for long but couldn’t happen before as individual businesses were not stabilised and needed to support each other. Finally, given Tata Motors’ (TML) significant turnaround across businesses in the last 2-3 years, it is separating the Commercial Vehicles (CV) and Passenger Vehicles (PV) businesses. all the CV business and its related … Read more
EV-ready highways in India! The Indian government is planning to construct electric vehicle-ready highways on the Golden Quadrilateral, a network of highways connecting major cities, in order to reduce fuel consumption and vehicular emissions through the use of electric intercity public transport. The government aims to develop 6,000 km of these highways over the next … Read more
Mahindra & Mahindra (M&M) is currently undergoing an extensive reorganisation exercise. It recently, Separated out the Passenger EV business Sold stake in the renewable business Partnered Actis to develop warehousing Now it has announced separating out the Last Mile Mobility Business and is also raising external funding in it from IFC. Last mile mobility business … Read more