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Setco Automotive Subsidiary Faces Credit Rating Downgrade to 'D' Grade

Setco Automotive Subsidiary Faces Credit Rating Downgrade to 'D' Grade

autherSarthak Mahajan     calendar04 Sep 2025

ICRA Limited downgrades Setco Auto Systems Private Limited's credit rating from B-(Stable) to D across all debt instruments worth Rs 585 crores, indicating substantial credit risk concerns.

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Government Reduces GST on Tyres, Industry Welcomes Move News
Government Reduces GST on Tyres, Industry Welcomes Move

autherSarthak Mahajan calendar04 Sep 2025

The decision to lower tax rates on tyres is expected to reduce vehicle operating costs and encourage timely replacemen...

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Apollo Tyres Chennai and Limda Plants Receive 5-Star Safety Rating from British Safety Council News
Apollo Tyres Chennai and Limda Plants Receive 5-Star Safety Rating from British Safety Council

autherSarthak Mahajan calendar04 Sep 2025

 The tire manufacturer's facilities in Tamil Nadu and Gujarat earned top recognition following comprehensive occupatio...

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STMicroelectronics Appoints Anand Kumar as Managing Director for India Operations News
STMicroelectronics Appoints Anand Kumar as Managing Director for India Operations

autherSarthak Mahajan calendar04 Sep 2025

Semiconductor giant names veteran executive to lead India business following retirement of 34-year company veteran Viv...

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Data Patterns Selects Siemens Software for Product Lifecycle Management News
Data Patterns Selects Siemens Software for Product Lifecycle Management

autherShruti Shiraguppi calendar04 Sep 2025

Defense electronics firm adopts Teamcenter and Polarion ALM to standardize processes across manufacturing facilities.

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TVS Motor Company Launches Ntorq 150 at ₹119,000 News
TVS Motor Company Launches Ntorq 150 at ₹119,000

autherSarthak Mahajan calendar04 Sep 2025

The 149.7cc scooter accelerates 0-60 km/h in 6.3 seconds, features ABS, traction control, TFT display with Alexa integ...

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Explainer: How India’s New GST Slabs Reshape Road Freight Economics Analysis
Explainer: How India’s New GST Slabs Reshape Road Freight Economics

autherShahkar Abidi calendar04 Sep 2025

GST overhaul brings relief for exporters and small fleet operators, but large logistics firms brace for short-term cas...

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Auto Stocks Surge as GST Council Overhauls Tax Structure News
Auto Stocks Surge as GST Council Overhauls Tax Structure

autherDarshan Nakhwa calendar04 Sep 2025

GST cuts on mass-market vehicles and parts promise demand surge; premium bikes, big cars see levy hike.

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Major GST Overhaul to Benefit Auto Sector; Two-Wheeler Makers Set to Gain Most, Says Equirus Securities News
Major GST Overhaul to Benefit Auto Sector; Two-Wheeler Makers Set to Gain Most, Says Equirus Securities

autherAngitha Suresh calendar04 Sep 2025

Simplified tax structure to take effect September 22, with rates dropping for most vehicle categories

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3M bets big on aftermarket car care in India News
3M bets big on aftermarket car care in India

autherMayank Dhingra calendar04 Sep 2025

The chemical treatments and coatings major is confident of the long-term opportunity in the Indian passenger vehicle m...

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

64.62%

No

 

35.38%

Total Votes : 831