Shares of OEMs had a stellar run on the stock exchanges on Monday following the government’s decision to review of current Goods and Services Tax (GST) rates. Maruti Suzuki, Ashok Leyland, TVS Motor, Bajaj Auto and Hero MotoCorp were among the performers on the NIFTY Auto Index as investors were optimistic about a potential cut… Continue reading Auto stocks rally on GST cut hopes; Maruti, TVS, Hero, Bajaj among top gainers
Author: Autocar_Professional India Online News
Auto stocks rally on GST cut hopes; Maruti, TVS, Hero, Bajaj among top gainers
Shares of OEMs had a stellar run on the stock exchanges on Monday following the government’s decision to review of current Goods and Services Tax (GST) rates. Maruti Suzuki, Ashok Leyland, TVS Motor, Bajaj Auto and Hero MotoCorp were among the performers on the NIFTY Auto Index as investors were optimistic about a potential cut… Continue reading Auto stocks rally on GST cut hopes; Maruti, TVS, Hero, Bajaj among top gainers
Auto stocks rally on GST cut hopes; Maruti, TVS, Hero, Bajaj among top gainers
Shares of OEMs had a stellar run on the stock exchanges on Monday following the government’s decision to review of current Goods and Services Tax (GST) rates. Maruti Suzuki, Ashok Leyland, TVS Motor, Bajaj Auto and Hero MotoCorp were among the performers on the NIFTY Auto Index as investors were optimistic about a potential cut… Continue reading Auto stocks rally on GST cut hopes; Maruti, TVS, Hero, Bajaj among top gainers
India Proposes Slashing Taxes on Small Cars and Insurance Premiums in Major GST Overhaul: Reuters
In a sweeping tax reform move, the Indian government is proposing significant cuts to the Goods and Services Tax (GST) on small cars and insurance premiums, a development that has sparked a rally in financial markets and drawn widespread attention from industry leaders and analysts alike, according to a report by Reuters. As part of… Continue reading India Proposes Slashing Taxes on Small Cars and Insurance Premiums in Major GST Overhaul: Reuters
Amara Raja to Invest Rs 1,200 Crore More for 1 GWh Lithium Cell Manufacturing
India’s largest lead-acid battery maker Amara Raja Energy and Mobility Ltd will invest an additional Rs 1,200 crore by the financial year 2027 for its lithium-ion cell manufacturing project. This would bring the total investment in the cell manufacturing project for 1 GWh capacity to Rs 2,400 crore. “So far, we have invested Rs 1,200… Continue reading Amara Raja to Invest Rs 1,200 Crore More for 1 GWh Lithium Cell Manufacturing
FASTag Annual Pass Sees Strong Adoption with Over 5 Lakh Users in First Four Days
The FASTag Annual Pass, launched on August 15, 2025, has registered over 500,000 users within the first four days of its introduction, according to official data. The initiative, aimed at simplifying toll payments for highway users, allows non-commercial vehicle owners to opt for a one-time annual pass valid for 200 toll plaza crossings or one… Continue reading FASTag Annual Pass Sees Strong Adoption with Over 5 Lakh Users in First Four Days
Aptiv Expands India Footprint with AS/UX Tech Centre in Chennai
Global Tier-1 giant Aptiv, which undertook the expansion of its Chennai plant to support SDV and ADAS products for the Indian market, has today commissioned a new technical centre to focus on the development of future SDV solutions for the domestic market, with key OEMs such as Mahindra & Mahindra (M&M) in its sight. The… Continue reading Aptiv Expands India Footprint with AS/UX Tech Centre in Chennai
Aptiv Expands India Footprint with AS/UX Tech Centre in Chennai
Global Tier-1 giant Aptiv, which undertook the expansion of its Chennai plant to support SDV and ADAS products for the Indian market, has today commissioned a new technical centre to focus on the development of future SDV solutions for the domestic market, with key OEMs such as Mahindra & Mahindra (M&M) in its sight. The… Continue reading Aptiv Expands India Footprint with AS/UX Tech Centre in Chennai
JSW Steel and POSCO Explore Joint 6 MTPA Integrated Steel Plant in India
JSW Steel, India’s largest steel producer, and South Korea’s POSCO Group have signed a non-binding Heads of Agreement (HoA) to evaluate the possibility of establishing a 6 million tonnes per annum (MTPA) integrated steel plant in India. The proposed facility would be developed through a 50:50 joint venture, subject to further feasibility assessments and regulatory… Continue reading JSW Steel and POSCO Explore Joint 6 MTPA Integrated Steel Plant in India
Ather Energy launches 2025 450X electric scooter in Sri Lanka
Ather Energy Limited launched the 2025 Ather 450X electric scooter in Sri Lanka on August 18, 2025, marking the Indian manufacturer’s continued international expansion in its second overseas market after Nepal. The launch makes the updated model available across 19 Experience Centres operated by national distributor Evolution Auto Pvt. Ltd. The company first entered Sri… Continue reading Ather Energy launches 2025 450X electric scooter in Sri Lanka