Fitch Ratings on Tuesday reduced the rating headroom for India’s two steel giants, JSW Steel Limited and Tata Steel Limited, amid the ongoing challenges posed by cheap steel imports from China and the potential impact of aggressive tariff policies from various economies including the US. The agency, in its latest report, has said that domestic… Continue reading Fitch cuts rating headroom for Tata Steel, JSW Steel amid import pressures
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Porsche Opens New Showroom in Bengaluru, Showcasing All-Electric Macan EV
Bengaluru-based VST Supercars Pvt. Ltd., the official dealer for Porsche in Karnataka, has opened a new showroom in Whitefield. The 3S facility (Sales, Service, and Spare Parts) aims to enhance customer accessibility, offer world-class service, and provide a personalized ownership experience. The showroom features the all-new Macan EV, Porsche’s latest all-electric SUV. The facility was… Continue reading Porsche Opens New Showroom in Bengaluru, Showcasing All-Electric Macan EV
Tata Motors Announces Price Hike for CVs as Costs Continue to Rise
Tata Motors, India’s largest commercial vehicle manufacturer, today announced a price increase of up to 2% across its commercial vehicle range, effective April 1, 2025. The company cited rising input costs as the primary reason for the price adjustment, which will vary by individual model and variant. This follows an earlier increase of up to… Continue reading Tata Motors Announces Price Hike for CVs as Costs Continue to Rise
Dark Edition SUVs: Striking Aesthetic or Problematic Messaging?
“The dark side of daddy.” “Dark rules.” “Black storm.” These are not one-liners from a Batman movie or the Armageddon sequel. These are actual advertising lines for automobiles in India. They could have easily been mouthed by Hannibal Lecter or the Joker. But no, they have been thought out by advertising agencies against specific campaign… Continue reading Dark Edition SUVs: Striking Aesthetic or Problematic Messaging?
RKFL to Raise Steel Casting Capacity to 120,000 tonne
Kolkata headquartered Ram Krishna Forgings Limited (RKFL) has become India’s second largest forging company supplying parts and machined components. It supplies parts to sectors from automobiles to railways, farm equipment to oil and gas and power, among others. It is a family run business that was founded in 1981. Third-generation entrepreneur, 27-year-old Chaitanya Jalan, is… Continue reading RKFL to Raise Steel Casting Capacity to 120,000 tonne
Poonawalla Fincorp Expands into Commercial Vehicle Loan Segment
Poonawalla Fincorp Limited (PFL), a non-banking finance company promoted by the Cyrus Poonawalla Group, announced on Monday the launch of its Commercial Vehicle (CV) Secured Loan Business, expanding its product portfolio into the transportation financing sector. The new offering will provide loans for Small, Light, and Intermediate & Heavy Commercial Vehicles from all major manufacturers,… Continue reading Poonawalla Fincorp Expands into Commercial Vehicle Loan Segment
Tata Motors appoints Guenter Butschek as independent director
Updated On Mar 17, 2025 at 12:27 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Guenter Butschek Tata Motors has reappointed Guenter Butschek, its former managing director and chief executive officer (CEO), as an independent director. His five-year term begins May 1, 2025, coinciding with the company’s strategic demerger of its… Continue reading Tata Motors appoints Guenter Butschek as independent director
Maruti XL6 is third Nexa utility vehicle to clock 200,000 sales
The Maruti XL6, the heavily modified premium avatar of the Maruti Ertiga, has clocked 200,000 sales in the domestic market, 66 months or five-and-a-half years after its launch in August 2019. From launch through to end-February 2025, a total of 202,602 XL6s have been dispatched to Maruti dealers across India. As the six-fiscal data table… Continue reading Maruti XL6 is third Nexa utility vehicle to clock 200,000 sales
Maruti XL6 is third Nexa utility vehicle to clock 200,000 sales
The Maruti XL6, the heavily modified premium avatar of the Maruti Ertiga, has clocked 200,000 sales in the domestic market, 66 months or five-and-a-half years after its launch in August 2019. From launch through to end-February 2025, a total of 202,602 XL6s have been dispatched to Maruti dealers across India. As the six-fiscal data table… Continue reading Maruti XL6 is third Nexa utility vehicle to clock 200,000 sales
Andhra Pradesh eyes 3,000 tonnes green hydrogen exports by 2030: Energy minister Gottipati Ravikumar
A green hydrogen hub project is being set up in 1,200 acres in Pudimadaka in Anakapalle district with an investment of Rs 1.85 lakh crore in partnership with NTPC and Nredcap. Energy minister Gottipati Ravikumar has set a target to export about 3,000 tonnes of green hydrogen by 2030 and added that Andhra Pradesh will… Continue reading Andhra Pradesh eyes 3,000 tonnes green hydrogen exports by 2030: Energy minister Gottipati Ravikumar