Reliance Industries Ltd. has started work on an initial draft prospectus for a listing of Jio Platforms Ltd., people familiar with the matter said, in what is expected to be India’s largest-ever initial public offering.The company is speaking informally with the banks to prepare a prospectus to file with the regulator as soon as possible, […]
Maruti Suzuki India Ltd reported its highest-ever monthly sales in November, with total shipments rising 26% year-on-year to 2,29,021 units, the company said on Monday. This compares to the 1,81,531 units sold in November last year.Domestic passenger car sales grew 21% to 1,70,971 units, driven by strong demand for entry-level, compact and SUV models. Sales […]
Shares of Hyundai Motor India (HMIL) rose as much as 4% to the day’s high of Rs 2,417 in afternoon trade on Monday, December 1, after the company reported strong sales figures for November 2025.The automotive group recorded total sales of 66,840 units, an increase of 9.1% year on year. Domestic sales stood at 50,340 […]
Mumbai: Automakers in India are reshaping their product development plans and increasingly targeting the growing segment of SUV buyers amid escalating competition. With more than three dozen new SUV models and refreshes set to hit the market over the next five years, companies are focused on creating sharper differentiation through narrower pricing and positioning margins […]
SUVs are driving the growth of the domestic passenger car segment, with customers looking to upgrade to bigger cars instead of downgrading to smaller ones due to lower prices after the GST rate cut, a top Hyundai Motor India executive said.The company, which on Tuesday introduced an all-new version of its Venue compact SUV, said […]
Car sales in India hit a monthly record in October, early data from automakers showed, as festive seasonal offers and VAT cuts drew buyers to car showrooms. Initial industry estimates showed that Indians bought as many as 470,000 cars, sedans and SUVs last month – 17% more than in October 2024. The previous sales record […]
Automaker Hyundai Motor India on Thursday reported a 14.3% year-on-year (year-on-year) increase in consolidated net profit to Rs 1,572 crore for the quarter ended September 2025, compared to Rs 1,375 crore in the same period last year. Operating revenue rose 1.2% year-on-year to Rs 17,461 crore, compared to Rs 17,260 crore in the second quarter […]
Hyundai Motor India has unveiled the next-generation Venue, confirming its India debut on November 4, 2025. The company recently released the first official teaser of the SUV, which gives a glimpse of its updated design and upgraded cabin. Bookings are now available across all Hyundai dealerships for an initial amount of ₹25,000. Hyundai Venue Facelift: […]
As consumers finish their last festive shopping on Sunday, companies selling clothing to smartphones, white goods and cars estimate up to 50% more sales between Navratri and Diwali this year than last year. For auto and electronics manufacturers, growth this season is the fastest in more than a decade. Industry executives attributed this increase in […]
Auto exports from India rose 26 percent year-on-year in the September quarter, driven by the highest ever deliveries of passenger cars, two-wheelers and three-wheelers during the period, according to the latest data released by industry body SIAM. Passenger car exports grew 23 percent to 2,41,554 units in the September quarter, compared to 1,96,196 units in […]