Tata Motors is moving quickly to capitalize on a sharp upturn in the Indian commercial vehicle market, fueled by the recent rationalization of GST 2.0 rates. Riding this momentum, the country’s largest commercial vehicle maker is rolling out an extensive range of trucks, comprising electric and combustion engine models, in a bid to strengthen its […]
Ahead of Budget 2026, Santosh Iyer, Managing Director and CEO of Mercedes-Benz India, has called for rationalization of customs duties on imported luxury cars. He said this could boost demand in the premium segment and ultimately increase government tax revenues.Speaking to PTI, Iyer highlighted the challenges faced by luxury car makers due to rising input […]
Among private banks, South Indian Bank’s total advances and deposits rose by 11 per cent and 12 per cent, respectively, to ₹ 96,765 crore and ₹ 1.18 lakh crore at the end of December. | Photo credit: REUTERS/AJAY VERMA Bank lending continued to grow faster than deposits in the third quarter of FY26, according to […]
LIC’s market share based on first-year premium income for the first half of FY26 was lower, at 59.41%, at end-September 2025, compared to 61.07% at end-September 2024. | Photo credit: REUTERS After a 21 percent year-on-year decline in the number of policies sold in the first half (H1FY26), the Life Insurance Corporation of India (LIC) […]
Auto retail sales in the domestic market witnessed a 21 per cent year-on-year increase during the 42-day festive period, led by record registrations of passenger cars and two-wheelers, helped by a GST adjustment that enabled a price reduction across segments, dealer body FADA said on Friday. Total retail sales increased to 52,38,401 units during the […]
Umesh Revankar, Executive Vice Chairman, Shriram Finance Shriram Finance, a major auto loan company, is aiming to expand its gold loan portfolio and launch gold-specific branches in a bid to diversify its asset base, Executive Vice Chairman Umesh Revankar said. business line. “While we will not be launching any new products, we will look to […]
Satyanarayana Raju, Managing Director and CEO, Canara Bank Canara Bank is focused on quality growth and profitability as it continues its strategic shift into the retail, agriculture and MSME (RAM) segments. Satyanarayana Raju, managing director and CEO of Canara Bank, said the public sector lender will resist the ongoing ‘rate war’ in corporate lending, and […]
Satyanarayana Raju, Managing Director and CEO, Canara Bank Canara Bank is focused on quality growth and profitability as it continues its strategic shift into the retail, agriculture and MSME (RAM) segments. Satyanarayana Raju, managing director and CEO of Canara Bank, said the public sector lender will resist the ongoing ‘rate war’ in corporate lending, and […]
Maruti Suzuki has had one of the strongest versions of the company this festive season in the past decade, with bookings that reach 2.5 Lakh and grow exports by 50 percent. Partho Banerjee, Senior Executive Officer, Marketing & Sales, Maruti Suzuki, said that the question was unprecedented this year. “During this Navratri period, the company […]
A showroom in the car that announces the benefits of the GST reduction in Chennai. | Photocredit: Bijoy Ghosh Auto dealers have witnessed unprecedented walk-ins, a peak in questions and registration deliveries in most segments in the first two days of GST 2.0 and Navratri. Maruti Suzuki India (MSIL), Hyundai Motor India (HMIL) and Tata […]