Retail sales of electric passenger vehicles (ePVs) nearly doubled in July 2025, surging 93 per cent year-on-year (Y-o-Y) to 15,528 units, even as overall passenger vehicle (PV) retail volumes declined marginally. In contrast, electric two-wheeler (e2W) sales dropped by 4.3 per cent to 102,973 units, according to the Federation of Automobile Dealers Associations (Fada) data.
Marc Marquez delivered a clinical masterclass at MotoGP's Cathedral of Speed on Sunday to claim victory at the Dutch Grand Prix
The Flipkart Republic Day sale offers a temporary price reduction for the Motorola Moto G85 smartphone. Here are the details.
Royal Challengers Bengaluru (RCB) moved the Delhi High Court on Thursday and accused an YouTube advertisement of disparaging its trademark.
'Unless we consistently show up with the right cars, at the right time, priced fairly, we risk becoming irrelevant very quickly.'
Earlier, describing the video advertisement, RCB's counsel said the cricketer could be seen running towards Bengaluru cricket stadium with an aim to vandalise the signage of "Bengaluru Vs Hyderabad", takes a spray paint and writes "Royally Challenged" before Bengaluru making it "Royally Challenged Bengaluru" which disparages RCB's mark.
Marc Marquez wins Italian Grand Prix to delight Ducati fans on home soil
Hero MotoCorp is expecting its electric vehicle (EV) business to break even once it reaches monthly sales volumes of 25,000 to 30,000 units, which is a couple of years away, Chief Financial Officer (CFO) Vivek Anand said on Tuesday. "This year, in 2024-25 (FY25), if I really look at my EV performance, our volumes have grown by 200 per cent," Anand told analysts during the company's post-results conference call.
Bike-taxi drivers are also left stranded as many depended on the service.
Ducati's Marc Marquez maintained his perfect start to the 2025 MotoGP season when the polesitter won the Americas Grand Prix sprint on Saturday to remain undefeated and extend his lead in the championship.
Kubica won the race in his fifth attempt, his first three in the second tier LMP2 category, to become Poland's first overall winner since Le Mans was first staged in 1923.
Ducati's Marc Marquez won his fourth straight sprint of the season at the Qatar Grand Prix to retake the lead in the MotoGP riders' championship while his younger brother Alex of Gresini Racing took second place yet again on Saturday.
The Race website reported that NASCAR's Trackhouse Racing team -- co-owned by rapper Pitbull -- was expected to take over the grid spots for next year using Aprilia's bikes and personnel.
Following a complaint by a police inspector, the case was registered at Cubbon Park station, they said.
The Indian promoters of the event, Fairstreet Sports, presented the UP CM, who has been instrumental in paving the way for MotoGP's smooth ride to make its maiden entry into the country, with the first ticket of the historic race.
Maruti Suzuki India (MSIL) said on Thursday its operations are unaffected by the global rare earth magnet shortage, but added that the situation is "uncertain and evolving". The firm said it is exploring multiple solutions to maintain continuity in operations and will notify stakeholders in case of material impact.
The domestic stock market this week would monitor the geopolitical developments after India and Pakistan reached an understanding to stop military actions, analysts said. Moreover, macroeconomic data announcements, Q4 earnings, trading activity of foreign investors and global market trends are also likely to influence sentiments, traders said.
India are hosting a motorsport event of this magnitude for the first time since the 2013 Formula 1 Indian Grand Prix, which was dropped from the calendar due to financial, taxation and bureaucratic issues.
Speaking to reporters after a cabinet meeting, the chief minister also announced a one-man judicial probe, headed by Justice Michael D'Cunha, a retired high court judge of Karnataka, into the tragic incident.
Maruti Suzuki and Hyundai Motor India on Monday reported a dip in passenger vehicle dispatches to dealers in the domestic market last month as the companies tried to adjust vehicle inventory amid slowing demand. Maruti Suzuki India said it "calibrated supplies" to the dealers, aligning with the industry's retail sales projections amid India-Pakistan conflict and a dip in sales of entry-level cars.
Justice Swarana Kanta Sharma said the stay on the operation of the FIR as well as the trial court order will remain in force till December 6, the next date of hearing. The trial court had directed registration of an FIR against them on a complaint alleging that Hero MotoCorp manufactured fake bills worth Rs 5.9 crore and obtained tax credit of over Rs 55 lakh. The company, its chairman and officials approached the high court challenging the trial court's order.
Ducati's red-hot Marc Marquez won the Argentina Grand Prix on Sunday after trailing his brother Alex of Gresini Racing for much of the race as the pair finished in the top two yet again, while VR46 Racing's Franco Morbidelli was third.
Hero MotoCorp (HMCL) saw strong volume performance in the first quarter of the current financial year (Q1FY25), but margins disappointed due to weak spare part sales and negative electric vehicle (EV) margins. The company hopes for a strong festive season due to better rural sentiment. Revenue grew 16 per cent year-on-year (Y-o-Y) to Rs 10,140 crore, operating profit was up 21 per cent to Rs 1,460 crore, and adjusted net profit grew 19 per cent Y-o-Y to Rs 1,120 crore.
Former MotoGP rider Capirossi pleased with BIC ahead of inaugural race
The sprint race later on Saturday, as well as Sunday's main race, has been shortened due to the conditions at the circuit on the outskirts of New Delhi, organisers said.
Bezzecchi came out with flying colours registering the best time to grab his third pole of the season.
Ducati's Marc Marquez returned to the top step of the podium with victory at the Qatar Grand Prix on Sunday despite suffering damage to his bike in a collision with his brother Alex on the first lap.
Ducati's Francesco Bagnaia won the season-ending Valencia Grand Prix on Sunday to claim a second straight MotoGP World Championship after closest contender Jorge Martin crashed out following a collision with Marc Marquez.
However, while Splendor's annual sales surged 31.7 per cent to 3.638 million units between 2019 and 2024, Hero's other models suffered sharp drops.
Long standing number two passenger vehicle maker in India, Hyundai Motor India, has slipped to fourth position in the domestic market in terms of retail sales last month behind Maruti Suzuki India, Mahindra & Mahindra and Tata Motors, as per the latest data shared by dealer's body FADA. Hyundai Motor India clocked retail sales of 38,156 units last month, a dip of 20 per cent as compared with 47,540 units in February last year.
The Congress demanded that the government and the Election Commission come clean on the EVM issue and urged the Supreme Court to take suo motu cognisance of the matter.
From the passion of MotoGP champions to the intensity of football pitches and the elegance of synchronised swimming, this collection of images captures unforgettable moments in sports and beyond.
With a new chief executive officer (CEO) at the helm, the country's largest two-wheeler maker Hero MotoCorp is now looking to cut flab and move towards a leaner organisation. It has launched a voluntary retirement scheme (VRS) for its staff as it aims to make the organisation 'agile and future-ready'. Recently, the company's erstwhile chief financial officer (CFO) Niranjan Gupta was elevated as CEO.
Hero MotoCorp, a major player in the two-wheeler market, has seen a 9 per cent rise in its stock since the beginning of the month. This increase, driven by the largest motorcycle company by volume, is attributed to expectations of a revival in rural sales due to normal monsoons, government measures to boost consumption, recent market share gains, and a large valuation discount compared to peers. In the near term, the company's volume performance and growth trajectory, particularly in rural markets and entry-level segments, are expected to be key drivers.
The Enforcement Directorate on Tuesday conducted raids against Hero Motocorp executive chairperson Pawan Munjal and others as part of a money laundering investigation, official sources said. The searches were carried out at premises located in Delhi and neighbouring Gurugram in accordance with provisions of the Prevention of Money Laundering Act (PMLA).
Hero MotoCorp, India's largest two-wheeler maker, has seen a decline in its market share in rural areas since 2018, losing ground to major competitors such as TVS Motor Company, Bajaj Auto, and Honda Motorcycle & Scooter India (HMSI), according to data from JATO Dynamics reviewed by Business Standard. Hero's share of rural two-wheeler sales in India has dropped from 40.4 per cent in 2018 to 33.3 per cent in 2023. In contrast, Bajaj's share increased from 12.7 per cent in 2018 to 13.9 per cent, HMSI's from 21.8 per cent to 22.2 per cent, and TVS' from 15.5 per cent to 17.8 per cent. Suzuki Motorcycle India has also seen its share rise from 1.7 per cent to 2.5 per cent.
The Enforcement Directorate on Friday alleged that Hero MotoCorp executive chairperson Pawan Kant Munjal used foreign currency issued in the name of others for his personal expenditure abroad to "override" RBI rules and attached his assets worth Rs 24.95 crore as part of a money laundering investigation. Three immovable properties (in the form of lands) of Munjal located in Delhi have been provisionally attached under the provisions of the Prevention of Money Laundering Act (PMLA), the central agency said in a statement.
Top officials from MotoGP's commercial rights holder Dorna had visited India earlier this month to sign a seven-year MoU
Tatas, Ambanis, Adanis, Birlas contributed an average of Rs 800 crore to Rs 1,000 crore per family group.
'If it is not reversed, it will set a dangerous precedent.'
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