In a key development signaling an easing of supply chain bottlenecks from China, some Indian companies have received permits to import rare earth magnets from the world’s dominant producer of these critical materials. “Some Indian companies have received licenses for importing rare earth magnets from China,” External Affairs Ministry spokesperson Randhir Jaiswal told reporters on… Continue reading China grants license to Indian companies to import rare earth magnets
Author: Autocar_Professional India Online News
Toyota lines up Mahindra, Hyundai rivaling SUVs for India
Toyota has lined-up a major product expansion for India in the coming years. With record profits under its belt and rapid economic growth fuelling demand, the Japanese heavyweight is now targeting a 10 percent market share in India by the end of the decade, up from around 8 percent currently, according to Reuters. The brand… Continue reading Toyota lines up Mahindra, Hyundai rivaling SUVs for India
Tata Motors Demerger Takes Effect: Commercial and Passenger Vehicle Businesses Split Into Separate Listed Companies
Tata Motors’ long-awaited demerger is now officially in effect, marking a major restructuring in the Indian auto giant’s corporate journey. The move separates its Commercial Vehicle (CV) and Passenger Vehicle (PV) divisions into two distinct, publicly listed entities. The development became legally binding on October 1, 2025, following approvals from the National Company Law Tribunal… Continue reading Tata Motors Demerger Takes Effect: Commercial and Passenger Vehicle Businesses Split Into Separate Listed Companies
Tata Motors Demerger Takes Effect: Commercial and Passenger Vehicle Businesses Split Into Separate Listed Companies
Tata Motors’ long-awaited demerger is now officially in effect, marking a major restructuring in the Indian auto giant’s corporate journey. The move separates its Commercial Vehicle (CV) and Passenger Vehicle (PV) divisions into two distinct, publicly listed entities. The development became legally binding on October 1, 2025, following approvals from the National Company Law Tribunal… Continue reading Tata Motors Demerger Takes Effect: Commercial and Passenger Vehicle Businesses Split Into Separate Listed Companies
Exide Industries Postpones Board Meeting Amid Income Tax Survey
Exide Industries Limited has postponed its board meeting that was scheduled for today, citing an ongoing Income Tax department survey at the company’s premises across India. The survey, which commenced on October 29, 2025, is being conducted at Exide’s offices and manufacturing units throughout the country. The company has informed stock exchanges that the proceedings… Continue reading Exide Industries Postpones Board Meeting Amid Income Tax Survey
Hyundai Motor India’s Rural Sales Hit Record 23.6% in Q2 FY26, SUVs Drive Surge
Hyundai Motor India Ltd has achieved its highest-ever rural contribution, with rural markets accounting for 23.6% of total sales in Q2 FY26, continuing a steady climb driven by deeper network expansion, targeted marketing, and SUV-led demand. “Our focused efforts in terms of channel expansion and deeper market penetration along with targeted marketing initiatives are yielding… Continue reading Hyundai Motor India’s Rural Sales Hit Record 23.6% in Q2 FY26, SUVs Drive Surge
TCS Partners with Tata Motors on Sustainability Platform
Tata Consultancy Services has entered into a five-year partnership with Tata Motors to advance the automaker’s sustainability initiatives through digital transformation of environmental, social, and governance data management. The collaboration centers on Tata Motors’ Prakriti platform, which utilizes TCS Intelligent Urban Exchange (IUX) to digitize ESG data collection and reporting. The AI-powered system will enable… Continue reading TCS Partners with Tata Motors on Sustainability Platform
REI Expo 2025 and Battery Show India Launch in Greater Noida
Informa Markets in India launched the 18th edition of Renewable Energy India (REI) Expo alongside the 3rd edition of The Battery Show India (TBSI) at India Expo Mart, Greater Noida. The three-day event, running through November 1, represents South Asia’s largest gathering of clean energy stakeholders under the theme “Decoding Pathways to Achieve Net Zero.”… Continue reading REI Expo 2025 and Battery Show India Launch in Greater Noida
ACMA Mobility Foundation Addresses Taxation and ESG Challenges in Auto Sector
The ACMA Mobility Foundation (AMF), in collaboration with KPMG, organized a conference titled “Decoding Taxation & ESG: Preparing Businesses for India’s Evolving Regulatory Environment” in the capital today. The forum addressed critical issues surrounding emerging regulatory frameworks, tax reforms, and the incorporation of Environmental, Social, and Governance (ESG) principles within the automotive industry. Dr. Hanif… Continue reading ACMA Mobility Foundation Addresses Taxation and ESG Challenges in Auto Sector
ASK Automotive Q2 Net Profit Rises 18.6% YoY to ₹80 Crore, Highest-Ever Quarterly Performance
ASK Automotive Ltd, India’s largest manufacturer of brake shoes and advanced braking systems for two-wheelers, reported an 18.6% year-on-year rise in consolidated net profit to ₹80 crore for the second quarter of FY26 — its highest-ever quarterly profit. Revenue rose 8.5% YoY to ₹1,059 crore, driven by strong growth in its advanced braking systems and… Continue reading ASK Automotive Q2 Net Profit Rises 18.6% YoY to ₹80 Crore, Highest-Ever Quarterly Performance