Latest Updates Around The World
Mumbai: Mahindra Group on Thursday said it would invest Rs 15,000 crore in Nagpur, Maharashtra over the next decade to build its first integrated car and tractor factory in the country.Mahindra currently operates six factories for car manufacturing and another nine for tractors and agricultural machinery in various states.The new factory is expected to open […]
For decades, India’s passenger car hierarchy followed a predictable script. Maruti Suzuki dominated the mass market with scale and reliability. Hyundai safely took second place, balancing design flair with efficiency. Homegrown brands – especially Mahindra & Mahindra and Tata Motors – operated on the margins, strong in commercial vehicle and entry-level segments, but rarely played […]
Indian benchmark indices gave up early morning gains to end lower on Monday even as IT stocks had a good run on expectations of the Federal Reserve’s December rate cut. The 30-share Sensex fell 331 points or 0.39%, while the broader Nifty index fell 0.4% to settle below 26,000. Analysts said Nifty is seeing repeated […]
New Delhi: Spanish auto parts maker Grupo Antolin is looking to sell its Indian operations for €150 million and has roped in advisers for the sale, according to people familiar with the matter.The €4 billion family business serves the who’s who of global passenger car makers such as Alpha Romeo, Ferrari, Aston Martin, Skoda Volkswagen […]
A Muhurat-to-Muhurat analysis of the stock market performance of India’s top 10 business houses by market capitalization shows that the Bharti Airtel group posted the highest gain of 24.8 in market capitalization during the Samvat 2081, helped by a strong recovery in profitability of the group’s flagship telecom company Bharti Airtel. The Bajaj group led […]
