Latest Updates Around The World
New Delhi, The two-wheeler industry has the potential to grow at 8-9 percent CAGR in the long term, riding on the momentum of the GST rate cut, government spending on infrastructure and overall growth of the economy, said KN Radhakrishnan, CEO of TVS Motor Company.The first half of next year is also expected to be […]
TVS Motor Company’s operating revenues grew 37% at Rs. 12,476 Crores for the quarter ended December 2025 as against Rs. 9,097 Crores reported in the quarter ended December 2024. The company’s operating EBITDA grew by 51% to Rs.1,634 Crores for the third quarter of 2025-26, against an EBITDA of Rs. 1,081 Crores in the third […]
Chennai-based two and three-wheeler manufacturer TVS Motor Company has launched the 2026 season of the PETRONAS TVS India One Make Championship Training and Selection Program, which will commence from January 17.The 2026 season takes on significance as ‘TVS Apache’ marks 20 years of race-related performance engineering. Since 1994, the TVS India One Make Championship has […]
Shares of TVS Motor Company are likely to be in focus on Friday after the carmaker announced the sale of its stake in bike taxi aggregator Rapido for Rs 287.93 crore, marking a strategic exit from the venture it first partnered with in 2022.In an exchange filing on Thursday, the two-wheeler and three-wheeler maker said […]
TVS Motor Company has decided to pass on the full benefit of GST rate rate to its customers, after the recent reforms implemented by the GST Council. The 56th GST Council reduced the rate of goods and service tax (GST) on ice vehicles from 28% to 18%. The best -selling motorcycle models from the company […]
Auto shares gathered more than 7% on Monday and continued their winning momentum of the last month, with Bharat Forge (7%) led the profit. It was followed by Ashok Leyland, who hit his 52 weeks. Sectorally, the Nifty Auto Index surpassed all its peers who rise more than 3% on an intraday basis. Auto OEMs […]
Car shares collected no less than 6% on Monday prior to the all important two-day GST Council meeting that starts on Wednesday 3 September. Sectorally beat his colleagues with the Nifty Auto Index that ended the day with a 2.8% increase. All 15 shares settled in the Green. The positive sentiments helped to sail shares, […]
The sale of domestic passenger vehicles rose by around 1%in July, which marked a slight recovery after two consecutive months of decline, in the midst of continuing slow consumer demand. Companies are cautiously optimistic that sales will continue to accelerate during the coming festive season, starting with Onam in August. No fewer than 348,000 cars, […]
