Mahindra & Mahindra experienced its first sales decline in over three years in August, attributed to moderated dealer dispatches pending a government decision on lower consumption tax. While SUV sales dipped last month, they remain up 15% for the fiscal…
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Hitachi Energy is investing Rs 300 crore to expand its Mysuru plant, doubling the production of high-quality pressboard and laminated board. This investment is part of a larger Rs 2,000 crore plan to meet rising global demand for transformer insulation…
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Ola Electric experienced a significant 31% drop in yearly sales in August 2025, selling 18,972 electric two-wheelers. Despite this, a 6.3% sequential recovery from July allowed Ola to regain the second spot in the E2W market, boosting investor confidence and…
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The rupee depreciated to a record low of 88.19 against the US dollar due to Indo-US trade uncertainties and importer demand. Concerns arose from potential US trade tariffs on India, contributing to foreign fund outflows. Despite the rupee’s fall, domestic…
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India is considering slashing consumption tax on approximately 175 products, including shampoos, hybrid cars, and consumer electronics. The proposed reductions, potentially decided by the GST council in early September, aim to boost sales, particularly for consumer goods and electronics ahead…
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London stock markets saw gains. Precious metal and defence companies performed well. Norway chose Britain for new frigates. BAE Systems and Rolls-Royce shares increased. Kainos showed positive results. Domino’s Pizza also saw a rise. British manufacturers faced order drops. A…
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