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Hyundai Motor India Q2 Net Profit Drops 24% as Material Costs Surge

autherDev Vadchhedia     calendar28 Oct 2026

The carmaker posts record quarterly consolidated revenue of Rs 20,696 crore, but rising raw material and input expenses weigh on operating margins.

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Ampstar Marks First Commercial Deployment with 100-Truck Order for JSW Cement News
Ampstar Marks First Commercial Deployment with 100-Truck Order for JSW Cement

autherDev Vadchhedia calendar28 Oct 2026

JSW Greentech's new E-CV brand Ampstar establishes a 330-km battery-swapping logistics corridor between Andhra Pradesh...

Component Makers Must Change Their Mindset on Scale, Says ZF India President News
Component Makers Must Change Their Mindset on Scale, Says ZF India President

autherAnurag Chaturvedi calendar28 Oct 2026

Akash Passey identifies power electronics, predictable volumes and early supplier involvement as key to scaling India'...

TVS Motor Plans Consumer Finance Demerger, TVS Motor Services Merger News
TVS Motor Plans Consumer Finance Demerger, TVS Motor Services Merger

autherEshisha Java calendar28 Oct 2026

The proposed scheme will transfer TVS Motor’s consumer finance and related business to Harita ARC, while amalgamating ...

Global Markets Seek Indian EV Technicians, but Domestic Skill Gap Remains a Hurdle, Says ASDC News
Global Markets Seek Indian EV Technicians, but Domestic Skill Gap Remains a Hurdle, Says ASDC

autherAnurag Chaturvedi calendar28 Oct 2026

Vinkesh Gulati says Germany and Australia are showing interest in Indian EV technicians, but skill shortages in the do...

Tier-2 A ‘Huge Question Mark’ as Western Buyers Look to Indian Suppliers, Says ACMA News
Tier-2 A ‘Huge Question Mark’ as Western Buyers Look to Indian Suppliers, Says ACMA

autherAnurag Chaturvedi calendar28 Oct 2026

ACMA director general Vinnie Mehta says Tier-1 suppliers are largely world-class, but questions whether Tier-2 supplie...

Bajaj Auto Plans Two New Motorcycle Brands Across 125-250cc Range in FY27 News
Bajaj Auto Plans Two New Motorcycle Brands Across 125-250cc Range in FY27

autherDarshan Nakhwa calendar28 Oct 2026

The new brands will complement Pulsar and target distinct customer segments in India and overseas markets as Bajaj Aut...

Isuzu Motors India Marks 10 Years Of Sri City Manufacturing, Targets Export Growth News
Isuzu Motors India Marks 10 Years Of Sri City Manufacturing, Targets Export Growth

autherEshisha Java calendar28 Oct 2026

Isuzu Motors India’s Sri City plant has produced one lakh vehicles since 2016, with the company reporting profitabilit...

Bajaj Auto Gets Rs 66.82 Crore Additional EV Incentive Funding From Maharashtra News
Bajaj Auto Gets Rs 66.82 Crore Additional EV Incentive Funding From Maharashtra

autherEshisha Java calendar28 Oct 2026

The Maharashtra government has approved additional funding of Rs 66.82 crore for Bajaj Auto under its 2021 electric ve...

Audi Appoints Thomas Fuhr As CEO Of Formula Racing Division News
Audi Appoints Thomas Fuhr As CEO Of Formula Racing Division

autherEshisha Java calendar28 Oct 2026

Thomas Fuhr will take charge of Audi Formula Racing from November 1, bringing more than 30 years of engineering and le...