The auto segment achieved record volumes in Q2, with total vehicle sales reaching 231,000 units, up 9% year-on-year Mahindra & Mahindra Ltd. (M&M) reported a substantial 35% rise in consolidated Profit After Tax (PAT) for Q2 FY25, reaching INR 3,171 crore, compared to INR 2,348 crore in the same quarter last year. The company’s consolidated… Continue reading M&M Q2 PAT up 35% to INR 3,171 cr, driven by auto and farm sector growth
Author: Economic Times of India Online News
Automakers brace for new tariffs, EV changes under Trump presidency
Tesla shares closed nearly 15% higher on Wednesday as investors bet it stood to benefit from its CEO Elon Musk’s close ties with Trump. Automakers are bracing for President-elect Donald Trump to impose new tariffs on vehicles from Mexico and potentially from other countries and to reverse many existing pro-electric vehicle policies, industry associations and… Continue reading Automakers brace for new tariffs, EV changes under Trump presidency
Vehicular emissions top contributor: Report
These data points are based on the CSE’s analysis from different bodies, including the IITM, TERI-ARAI, CPCB’s real-time air quality data and traffic data from Google map, among others. New Delhi: Vehicular emission is the top contributor to Delhi’s pollution during winter season–more than stubble burning, road dust or bursting of fire crackers — with… Continue reading Vehicular emissions top contributor: Report
Debunking Myths: The game changing benefits of EVs
EVs are a smart, forward-thinking investment because they are cost-effective over their entire lifecycle. India’s air quality crisis has reached alarming levels, with the post Diwali pollution spike in Delhi and Mumbai recording new lows. The situation is equally grim in smaller towns and cities with places in Meghalaya, Bihar and Rajasthan reporting hazardous levels.… Continue reading Debunking Myths: The game changing benefits of EVs
Trump win-fuelled rally in dollar, US rates to keep rupee under strain
“It’s fairly obvious that the risks (on dollar/rupee) will be on the upside for the time being. When you think of levels, plainly the next one is 84.50,” a currency trader at a bank said. The Indian rupee is likely to open near its lifetime low on Thursday and possibly decline further through the session,… Continue reading Trump win-fuelled rally in dollar, US rates to keep rupee under strain
Telangana partners with DENSO to revolutionise automotive industry
Through T-Hub’s T-Connect platform, DENSO will collaborate with a curated network of India’s most innovative automotive startups. DENSO, a global leader in automotive technology from Japan, and T-Hub, India’s leading startup incubator, have announced a new partnership. A Memorandum of Understanding (MoU) for the collaboration was signed in the presence of key representatives from both… Continue reading Telangana partners with DENSO to revolutionise automotive industry
NTPC, ONGC joint venture poised for big push to green energy projects
The government is also keen to help achieve India’s target of reducing carbon emissions in the fight against climate change. Maharatna public sector companies NTPC and ONGC have collaborated to form a Joint Venture Company (JVC) through their green energy subsidiaries – NTPC Green Energy Ltd. and ONGC Green Energy Ltd, to give a push… Continue reading NTPC, ONGC joint venture poised for big push to green energy projects
Vehicle sales hit top gear in festive season
The registrations in October stood at 6,496, while in September the figure stood at 3,025. The festival season has filled the coffers of the Chandigarh administration as city registered bumper sale of vehicles during this period. While the administration earned revenue more than double in October than September 2024, vehicle registrations too more than doubled… Continue reading Vehicle sales hit top gear in festive season
CIL should prioritise augmenting coal production, supplies to reduce import: Minister
Coal will remain a central component of the country’s energy landscape for the coming decades State-owned CIL’s priorities should be to ramp up production of coal and scale up supplies to reduce imports, Union Minister G Kishan Reddy has said. Coal India Ltd (CIL) accounts for over 80 per cent of domestic coal output. Speaking… Continue reading CIL should prioritise augmenting coal production, supplies to reduce import: Minister
India aims for top spot in global auto industry, says Nitin Gadkari
Nitin Gadkari New Delhi: Union Minister for Road Transport and Highways, Nitin Gadkari, laid out a vision to transform India into the world’s top automobile hub within the next decade, at the Spain-India Business Summit held in Mumbai. Citing India’s competitive advantages in production costs and labour, Gadkari expressed confidence in the country’s capacity to… Continue reading India aims for top spot in global auto industry, says Nitin Gadkari