Hindustan Zinc Limited, India’s largest integrated zinc producer, reported a 33% year-on-year increase in net profit to ₹10,353 crore for the fiscal year ended March 31, 2025, according to a regulatory filing on Friday. The company’s revenue from operations also showed significant growth, rising to ₹34,083 crore for FY25, up from ₹28,932 crore in the… Continue reading Hindustan Zinc Reports Strong FY 2025 Results, Extends CEO’s Tenure
Category: US Motoring Press
Maruti Suzuki Q4 Profit Falls as Costs Rise
Maruti Suzuki India Limited, the country’s leading automobile manufacturer, reported mixed fourth-quarter results with record-breaking sales volume but a slight decline in profitability. The company announced its financial performance for the quarter and fiscal year ended March 31, 2025, leveraging strong export growth. Fourth Quarter: Volume Growth and Margin Pressure For the January-March 2025 quarter,… Continue reading Maruti Suzuki Q4 Profit Falls as Costs Rise
CONCOR and GAIL Sign MoU to Develop LNG Infrastructure Across India
Container Corporation of India Ltd (CONCOR) and GAIL (India) Ltd have signed a Memorandum of Understanding (MoU) to develop Liquefied Natural Gas (LNG) infrastructure across CONCOR’s terminals throughout India. The agreement was signed on April 23, 2025, in New Delhi. The primary objective of the collaboration is to ensure uninterrupted supply of LNG fuel for… Continue reading CONCOR and GAIL Sign MoU to Develop LNG Infrastructure Across India
Motherson to Wind Down Judenbach Plant Following Dr. Schneider Acquisition
Samvardhana Motherson International Limited (SAMIL) announced yesterday that its wholly owned subsidiary, Samvardhana Motherson Automotive Systems Group B.V. (SMRP B.V.), will wind down business operations at the Judenbach plant, one of the facilities acquired through its purchase of Dr. Schneider group in October 2023. According to the regulatory filing submitted to the BSE and National… Continue reading Motherson to Wind Down Judenbach Plant Following Dr. Schneider Acquisition
Stellantis Set to Launch Leapmotor Electric Vehicles in India
Stellantis N.V. announced plans to introduce Leapmotor’s electric vehicle lineup to the Indian market, according to a statement released from Pune on Friday. The move represents a significant expansion of the global automaker’s electric vehicle strategy in India. The company aims to strengthen its presence in India’s rapidly growing automotive sector, where it already operates… Continue reading Stellantis Set to Launch Leapmotor Electric Vehicles in India
Hindalco Delivers 10,000 Aluminium Battery Enclosures for Mahindra EVs
Hindalco Industries, the metals flagship of the Aditya Birla Group, has delivered 10,000 aluminium battery enclosures to Mahindra for its BE 6 and XEV 9e electric SUVs, the company announced on Friday. The delivery coincides with the unveiling of Hindalco’s new EV component manufacturing facility in Chakan, Pune. The ₹500 crore facility, spread across 5… Continue reading Hindalco Delivers 10,000 Aluminium Battery Enclosures for Mahindra EVs
Range Rover Electric Completes Second Arctic Test Phase
Range Rover Electric prototypes have completed their second winter testing season in the Arctic Circle, accumulating up to 45,000 miles across frozen lakes and land tracks in northern Europe, the company announced Friday. The testing phase in Arjeplog, Sweden focused on validating the vehicle’s thermal management system, branded ThermAssist, which reduces heating energy consumption by… Continue reading Range Rover Electric Completes Second Arctic Test Phase
Funding Restoration Expected to Revive Jal Jeevan Mission Projects After FY25 Slowdown
India Ratings and Research (Ind-Ra) reports that companies focused on Jal Jeevan Mission (JJM) projects experienced significant challenges in FY25, with slowed construction pace affecting revenue growth and elongating working capital cycles. However, prospects appear brighter for FY26-FY27, supported by enhanced central budget allocations, the program’s extension until 2028, and expected normalization of state government… Continue reading Funding Restoration Expected to Revive Jal Jeevan Mission Projects After FY25 Slowdown
Ashok Leyland Opens Fourth LCV Dealership in Telangana’s Nizamabad
Ashok Leyland, the Hinduja Group’s Indian flagship, inaugurated a new Light Commercial Vehicle (LCV) dealership in Nizamabad, Telangana on Friday, expanding its presence in the state with its fourth such facility. The new dealership, Khushi Trucks, is strategically located on Hyderabad Road opposite Maruti Arena in Nizamabad. It features seven dedicated quick-service bays and will… Continue reading Ashok Leyland Opens Fourth LCV Dealership in Telangana’s Nizamabad
Amazon-backed Slate reveals bare-bones £20k EV pick-up for US
New American EV manufacturer Slate, backed by Amazon founder Jeff Bezos, has revealed a back-to-basics compact pick-up truck set to cost the equivalent of just £20,000. The secretive start-up had not made any public announcements about its debut model, called simply Truck, in the run-up to its unveiling, but is now taking reservations and plans… Continue reading Amazon-backed Slate reveals bare-bones £20k EV pick-up for US