Sales of cars and two-wheelers – counted as factory shipments – rose at a rapid pace for most manufacturers in February from a year earlier. It was the fifth consecutive month of sales growth after the government reduced the Goods and Services Tax (GST), making cars more affordable across segments.Growth in February was led by […]
Bengaluru | Mumbai: Ola Electric plans to further reduce the number of physical stores to around 550 by March end, amid a sharp decline in market share and mounting operational challenges, according to people aware of the development.The move marks a deeper setback for the Bengaluru-based electric vehicle (EV) maker, just a year after it […]
New Delhi: Hero MotoCorp is looking to strengthen its presence in segments such as scooters, premium bikes and electric vehicles, where it remains currently underrepresented, company CEO Harshvardhan Chitale said.The country’s largest two-wheeler manufacturer also expects to expand its presence in international markets and parts and accessories sector.“While as a team we are proud of […]
Indian equity benchmarks continued to trade within a narrow range while the Nifty struggled to maintain momentum around the 26,000-point mark, pressured by weakness in the IT sector and spells of profit booking. Market participants are increasingly focusing on key technical levels as the index attempts to consolidate after recent gains.Speaking to ET Now, Rajesh […]
New Delhi: Fully built imported Harley-Davidson motorcycles will become significantly cheaper as the Indian government decides to remove import duties on these premium American motorcycles in the interim trade deal with the US.However, the removal of tariffs on high-end motorcycles – with engine capacities above 800cc – a long-standing demand of US President Donald Trump […]
New Delhi: India will grant US motorcycle makers zero-duty access for motorcycles with engine capacities of 800-1,600 cc and above under the interim trade deal, a move that would benefit iconic American brand Harley-Davidson, an official said on Saturday. Last year, the government had reduced import duty on motorcycles with an engine capacity of up […]
Hero MotoCorp’s shares will be in focus after the two-wheeler major reported a 14% year-on-year increase in consolidated profit in Q3’26 to Rs 1,268 crore, driven by strong volumes and better realizations. Revenue rose 22% to Rs 12,487 crore. The board also announced an interim dividend of Rs 110 per share and approved an investment […]
Hero MotoCorp, the country’s largest two-wheeler maker, on Thursday reported 12% growth in standalone net profit at Rs 1,349 crore for the third quarter ended December 31, 2025. Last quarter’s net profit was impacted by a one-time charge of Rs 119 crore due to the implementation of the New Labor Act, which came into effect […]
Two-wheeler giant Hero MotoCorp reported a 14% increase in its consolidated net profit in the December quarter at Rs 1,268 crore, compared to Rs 1,108 crore reported in the previous year period. The profit after tax (PAT) is attributable to the owners of the company. The company’s revenue from operations stood at Rs 12,487 crore […]
The December quarter earnings season continues on Thursday, with no fewer than 198 companies set to announce their third quarter results. Key results to look out for include Airtel, Tata Motors PV, LIC, Nykaa, Hero MotoCorp, and several others.What to expect from Airtel Q3 results Telecom giant Bharti Airtel is expected to report a steady […]