Larsen and Toubro wants to sell its stake in the Hyderabad Metro Rail project. The company has faced operational losses. They sent a letter to the Ministry of Housing. L&T seeks either state or central government to purchase its stake.…
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The Indian automobile industry witnessed mixed performance in August 2025 with passenger vehicle sales declining, while three-wheeler and two-wheeler segments registered growth, the Society of Indian Automobile Manufacturers (SIAM) said on Monday.
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Indian benchmark indices experienced volatile trading on Monday, initially gaining before turning flat due to profit-taking after last week’s rally. Investors are awaiting the US Federal Reserve’s policy meeting outcome. While some Sensex firms saw gains, others lagged, and Asian…
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While no investments have been announced yet, the alliance aims to address gaps in customer access, manufacturing, and talent. India’s strength lies in chip design, poised to benefit from growing domestic demand and government incentives.
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The company is focusing on its European operations. EY advised Statkraft, and Standard Chartered advised Serentica.
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Tata Technologies is expanding its capabilities in software-defined vehicles with the acquisition of Germany’s ESTEC for ₹750 crore, aiming to strengthen its position in Europe’s automotive hub. Despite earlier hesitations due to tariffs, the global auto industry is regaining confidence,…
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