Bajaj Auto rises 2% on share buyback plan
Bajaj Auto in an exchange filing on Thursday said that its board will meet on June 14 to consider share buyback proposal.
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Bajaj Auto skids 4% on disappointing May sales
Bajaj Auto sold more than 2.75 lakh units in May 2022 as compared to 2.71 lakh in the corresponding month last year, registering a marginal increase of 1%.
Mahindra & Mahindra shares jump 6% to hit all-time high; here’s why
Mahindra & Mahindra shares rallied 5.6% to hit a fresh life-time high of ₹1,006.70 on the BSE as investors cheered its Q4 results.
This smallcap auto stock surges 45% in 7 sessions; do you own it?
Despite the recent rally, the multibagger stock traded 14.5% lower than its 52-week high of ₹842.8 touched on November 11, 2021.
Maruti, Hero, Tata, others invest ₹74,850 cr in PLI scheme for auto sector
95 companies have been chosen for the scheme – 75 for the components part, while the ministry had already approved 20 manufacturers for the vehicles part.
Absorb price hike to navigate new rules: experts advise auto sector
Absorbing the price hike will ensure consumers, especially first-time car buyers looking at offerings in the entry-level segment, will be spared the brunt of the move
The Conversation—Anish Shah
Anish Shah took charge of Mahindra & Mahindra (M&M) at a time the economy was under a lockdown. He says M&M will not hesitate to pull away from businesses that don’t make financial sense.
CarDekho becomes the 33rd unicorn; raises $250 mln
Fresh funding led by Leapfrog Investments values the firm at $1.2 billion.
Involute metal powders’ newest DRI process: smoke-free pollution-free sponge iron
There aren’t enough localised plants to meet the ever-growing demand of metal powders in India and their components so we import it from other counties.
Green way for luxury cars
Automakers bet on electric vehicles, find new playbook to target the country’s growing affluent millennial populace.
