The Indian car market witnesses a shift in April 2025. Maruti Suzuki’s market share declined below 40 per cent. Mahindra & Mahindra became the second largest player due to strong SUV sales. Hyundai Motor India slipped to fourth position. Tata…
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Mahindra & Mahindra (M&M) announced a new platform capacity of 120,000 units per year at its Chakan facility in Maharashtra, along with a 3,000-unit increase for the XUV3XO and Thar Roxx in FY26. The company also plans to establish a…
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Marico, the Indian FMCG giant, has reappointed Saugata Gupta as Managing Director & CEO for another two years, effective from April 1, 2026, to March 31, 2028. The board also approved the continuation of Harsh Mariwala, Chairman and Founder, as…
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A State Bank of India report forecasts India’s retail inflation to remain below 3% until June 2025, driven by a significant drop in food prices. CPI inflation hit a 67-month low in March 2025. The bank anticipates an average CPI…
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Dhoot Transmission Group, a manufacturer of automotive components, today announced that it has appointed Nitin Kalani as its Group Chief Financial Officer (CFO). He will report to the Founder Chairman and Managing Director, Rahul Dhoot, the company said in a…
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Indian automobile retail sales saw a modest 2.95% increase in April, reaching 22,87,952 units, boosted by festive purchases. Two-wheeler and three-wheeler segments led the growth, while commercial vehicles experienced a slight decline. Dealers anticipate steady but muted passenger vehicle sales…
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