Major lenders have reported a clear pick-up in vehicle loan disbursals since the tax change. The momentum was most visible in retail segments—cars, two-wheelers, and tractors—while the commercial vehicle (CV) category continues to face sluggish demand amid economic headwinds and…
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The company is expected to post around 22% AUM CAGR and maintain steady returns on equity (RoE) of 12–13% over FY26–FY27, valuing the stock at 4x FY27 estimated price-to-book
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With the approval, SMG — the Gujarat-based subsidiary of Suzuki Motor Corporation, Japan — will stand dissolved without undergoing a winding-up process once the tribunal’s order is filed with the Registrar of Companies.
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Gift Nifty futures were trading at 25,614.5 points as of 7:59 a.m. IST, indicating that the Nifty 50 will open above Friday’s close of 25,492.3
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The US private equity group, now the sole contender in the fray, is in advanced negotiations with the company’s Michigan-based parent Whirlpool Corp to pick up a 31% stake in the Indian arm that’s up for sale.
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Ganesan, currently VP–Business Finance at Flipkart, to take charge on December 1; development confirmed to ETCFO by Myntra.
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