Latest Updates Around The World
BSE Index Services, a wholly owned subsidiary of BSE, today announced the launch of the BSE SmallCap 500 Index and four new factor indices based on the BSE SmallCap 500 Index universe. The BSE SmallCap 500 Universe Factor Indices are reconstituted quarterly, have a base value of 1,000 and the first value date is September […]
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 […]
Amid increased volatility and sharp stock-specific reactions to gains, Daljeet Kohli advocates a disciplined bottom-up investment strategy, arguing that broad sectoral or thematic investments may not work in the current environment.Speaking to ETNow, Kohli noted that market diversification has increased significantly, with companies being rewarded or punished purely on quarterly performance. Stocks that disappointed in […]
Tata Motors Passenger Vehicles (TMPV) fell to a consolidated net loss in the December quarter from a year earlier profit, hit by the ongoing fallout from a cyber attack on British luxury car company Jaguar Land Rover and a challenging global demand environment.The Mumbai-based carmaker posted a net loss of ₹3,486 crore in the three […]
Jaguar Land Rover will begin assembling the Range Rover Evoque at a new factory in southern India on February 9, accelerating a shift to shift production and tap rising domestic demand for luxury cars.The first vehicle will roll out of Tata Motors Passenger Vehicles Ltd.’s 90 billion rupees ($994 million) Panapakkam plant in Tamil Nadu, […]
Passenger car sales got off to a strong start in the new year, with carmakers across the board reporting healthy demand growth in January.Sales at domestic automakers Tata Motors and Mahindra & Mahindra (M&M) rose 46% and 25% respectively compared to the same period last year.Nalinikanth Gollagunta, CEO, Automotive Division, M&M, said, “Building on the […]
Tata Motors Limited (TMCV) reported a 48% decline in consolidated net profit in the December quarter at Rs 705 crore, compared to Rs 1,355 crore reported in the year-ago period. Operating income from operations stood at Rs 21,847 crore in Q3FY26, up 16% from Rs 18,819 crore in the corresponding period last fiscal. The company […]
Benchmark indices Nifty and Sensex ended the first session of the holiday-shortened week on a strong note on Tuesday after the trade deal between India and the European Union lifted sentiments.Sensex ended Tuesday’s session 319.78 points or 0.39% higher at 81,857.48, while the Nifty50 rose 126.75 points or 0.51% to 25,175.40. Prime Minister Narendra Modi […]
New Delhi: Maruti Suzuki, Tata Motors and Mahindra & Mahindra (M&M) are among India’s top automakers as they prepare to launch more than 30 vehicles by 2026, the highest in the last five years. The wave of launches is expected to provide further impetus in the market as there is a demand spurt following last […]
Small-cap car retailer Landmark Cars saw an exit by Goldman Sachs and a share sale by Polar Capital Funds Plc on Thursday in separate bulk deals. Goldman Sachs sold nearly 13.75 lakh shares for around Rs 50 crore, while Polar Capital Funds sold 2.51 lakh shares valued at around Rs 9.3 crore. The sale of […]
