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ICRA projects modest growth of 2-4 percent for Indian CV Industry in FY24 amidst shifting outlook

By Shahkar Abidi 03 Oct 2023

This updated projection represents a significant departure from earlier estimates made in April, which had anticipated...

Tata Hitachi MD optimistic on construction industry as PLI inches closer

By Shahkar Abidi 03 Oct 2023

India's construction equipment industry believes that the PLI scheme if granted, may attract nearly US $4 billion of d...

Bharat Benz maker Daimler India Commercial Vehicles reports net profit for first time ever in FY23

By Ketan Thakkar and Shahkar Abidi 27 Sep 2023

Company registers a net profit of Rs 304 crore for FY23, with annual revenues crossing Rs 10,000 crore mark for the fi...

Skoda Auto Volkswagen India posts record turnover of US$ 2.2 billion in FY23, profits rise over 48 percent

By Ketan Thakkar and Shahkar Abidi 27 Sep 2023

Incremental volumes from India 2.0 cars and growth in premium brands helped Europe’s largest automaker to post healthy...

Hero MotoCorp backed Ather Energy faces Rs 864.50 crore net loss

By Shahkar Abidi 23 Sep 2023

Operating revenues surge by 336.62% in FY23.

Hyundai Motor India breaches Rs 60,000 crore turnover mark in FY23, profits jump 63% to Rs 4,653 crore

By Ketan Thakkar and Shahkar Abidi 20 Sep 2023

The South Korean car maker is in the process of reaching 8.5 lakh units in production capacity and the company is also...

Road project tenders worth Rs 2 lakh crore near finalisation, says Sany India's Sanjay Saxena

By Shahkar Abidi 20 Sep 2023

The development will help India achieve its aim of becoming the third largest construction equipment maker in the worl...

Fiat India's JV with Tata Motors sees impressive 20.48% net profit surge, reaching Rs 759 crore in FY 2022-23

By Shahkar Abidi 19 Sep 2023

This notable increase was driven by the company's steady revenue growth, which reached Rs 21,592 crore, representing a...

Road project awards decline 35% YoY, construction sees 10% increase in FY24 Year-to-Date: Nuvama Research

By Shahkar Abidi 18 Sep 2023

The National Highways Authority of India (NHAI) and the Ministry of Road Transport and Highways (MoRTH) awarded a tota...

Sona Comstar raises capex to Rs 1,200 crore for EV biz

By Shahkar Abidi 18 Sep 2023

With a brimming orderbook worth Rs 22,000 crore, the India-based global manufacturer and supplier of auto components l...

ICRA projects modest growth of 2-4 percent for Indian CV Industry in FY24 amidst shifting outlook

Tata Hitachi MD optimistic on construction industry as PLI inches closer

Bharat Benz maker Daimler India Commercial Vehicles reports net profit for first time ever in FY23

Skoda Auto Volkswagen India posts record turnover of US$ 2.2 billion in FY23, profits rise over 48 percent

Hero MotoCorp backed Ather Energy faces Rs 864.50 crore net loss

Hyundai Motor India breaches Rs 60,000 crore turnover mark in FY23, profits jump 63% to Rs 4,653 crore

Road project tenders worth Rs 2 lakh crore near finalisation, says Sany India's Sanjay Saxena

Fiat India's JV with Tata Motors sees impressive 20.48% net profit surge, reaching Rs 759 crore in FY 2022-23

Road project awards decline 35% YoY, construction sees 10% increase in FY24 Year-to-Date: Nuvama Research

Sona Comstar raises capex to Rs 1,200 crore for EV biz

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