IAC INTERNATIONAL AUTOMOTIVE INDIA

Osamu Suzuki, former head of Suzuki Motor, passed away at 94. He was instrumental in transforming India into a significant auto market with the Maruti project and led Suzuki Motor for over four decades. His remarkable thriftiness and strategic colla...

Amara Raja Energy & Mobility's shares surged after Hyundai Motors India (HMIL) announced a partnership to use AMARON's India-made AGM batteries in its domestic lineup. HMIL aims to integrate these batteries by Q4 FY2024-25, becoming the first Indian...

ARAI, India's automotive testing authority, is adapting to the electric vehicle revolution. They are enhancing testing for EV safety, battery performance, and range, while still addressing ICE vehicle homologation with alternative fuels like CNG, et...

India's automotive component industry saw 11% growth in the first half of FY24, reaching Rs 3.32 lakh crore. Strong domestic vehicle sales and exports contributed, despite geopolitical challenges impacting freight costs. The industry invested in tec...

Union Minister Nitin Gadkari projects India's logistics cost to fall to 9% in two years. This reduction aims to enhance global competitiveness. Current logistics costs are 14-16%, compared to 8% in China and 12% in the US and Europe. The automobile ...

Shriram Pistons & Rings Ltd (SPRL) is set to acquire TGPEL Precision Engineering for Rs 220 crore. This acquisition expands SPRL's manufacturing capabilities in high-precision injection molded components and diversifies its product portfolio beyond ...

The second quarter of FY25 saw mixed financial results for Nifty 50 companies. While Pharma and Realty thrived, Energy and Infrastructure struggled. Factors like uneven rainfall and inflation impacted sectors like FMCG and Auto. Despite challenges, ...

India's two-wheeler market, especially scooters, witnessed impressive growth this year, surpassing motorcycles. Scooters surged by 18.4%, while motorcycles saw a 13% rise. This contrasts with the sluggish 0.6% growth in the passenger vehicle segment...

Crizac and Belrise Industries have filed DRHPs for their IPOs. Crizac, a student recruitment solutions provider, aims to raise Rs 841 crore through an OFS. Belrise Industries, an automotive component manufacturer, plans to raise Rs 2,150 crore throu...

Belrise Industries, an Indian automotive component manufacturer, has initiated the process for an IPO to raise Rs 2,150 crore. The company plans to use the funds for debt repayment and submitted its draft prospectus to Sebi on Tuesday. Belrise Indus...

All equity mutual fund categories experienced negative returns in the past month, with losses ranging from 0.82% to 12.42%. Factors like global economic uncertainties and foreign outflows contributed to the downturn. Despite the negative returns, ex...

Several companies, including Cochin Shipyard, ONGC, and Info Edge, are approaching their dividend ex-date on November 19th. This means investors have until the end of today to purchase shares and be eligible for upcoming dividend payouts.

India's manufacturing sector, particularly automotive, is experiencing significant growth, driven by government initiatives, a favorable business environment, and strong domestic demand. The author, MD & CEO of Mercedes-Benz India, highlights the po...

Mahindra & Mahindra Ltd. exceeded profit forecasts, reporting a 13% rise in standalone net profit, fueled by robust sales of SUVs, pickups, and commercial vehicles. The company also revised its full-year tractor market guidance upward, citing positi...

The market focus, naturally, has been on FII selling this month. In the process, the street seems to have forgotten another reason for the current bearishness: The deadline for implementing the measures market regulator SEBI ordered to curb rising s...

?The proposed combination involves acquisition of 100 per cent of the issued and paid-up share capital of Home Credit India Finance Pvt Ltd (Home Credit) by TVSH, STPL, K Gopala Desikan, Anuraag Agarwal, V Ganesh, and GWC Family Fund Investments Pte...

Indoor Amusement Centers (IACs) are driving footfall and consumer engagement in India’s retail sector. A JLL India study projects a 67% increase in IAC stock, reaching 11 million sq ft by 2028. Currently, over 90 malls host multiple IACs across 83 c...

The 3rd edition of the International Autoshow in Bengaluru, organized by Triune Exhibitors Pvt Ltd and TYGA events, will take place from September 13-16. The event features over 100 companies, showcasing both vintage and futuristic vehicles. Highlig...

The market for navigation maps and connected car solutions in India is currently valued at about Rs 180-200 crore and is projected to reach Rs 500-600 crore in the next 3-4 years. Genesys International aims to capture a significant market share in t...