Larsen & Toubro (L&T) is investing Rs 5,000 crore over five years to enter the automotive components sector, focusing on electric vehicle (EV) motors, safety systems, and connected-vehicle technologies, aiming to become a Tier-I auto supplier.
The market capitalisation of these 41 companies ranged from Rs 30 crore to around Rs 1.26 trillion, as on August 7.
Glimpses from Beijing's grand Auto China exhibition reveal the rapid evolution of electric, autonomous and futuristic mobility.
'...as we believe with the adoption of AI, our IT services companies' revenue models will have to undergo a reset, which may in turn impact their potential for earnings growth.'
A speeding car rear-ended an auto-rickshaw in Delhi's Shakarpur area, causing an accident before the driver fled the scene. No injuries were reported.
Maruti Suzuki India's CFO, Arnab Roy, has urged the central government to introduce an amnesty scheme or an 'as-is' settlement option to resolve past indirect tax disputes, aiming to clear legacy litigation and foster growth in the automotive industry. Roy emphasised the need for a 'smarter way to address the past' to provide long-term certainty for businesses.
Delhi Police have dismantled an organised interstate auto-lifting syndicate involved in stealing high-end vehicles, tampering with chassis numbers, and fraudulently re-registering them using forged documents. Ten key members of the racket have been arrested, and 31 stolen luxury vehicles have been recovered.
A government adviser has called for India to reintroduce a petrol variant with a lower ethanol blend, such as E10, alongside the current E20 fuel. This move aims to protect millions of older vehicles, particularly two-wheelers, which may experience performance issues and damage from the higher 20 per cent ethanol blend.
With passenger vehicles (PVs), two-wheelers and three-wheelers registering double-digit growth, manufacturers raise production as the industry enters the festival season.
An Air India A320 flight from Phuket to Delhi experienced a sudden 300-foot altitude drop due to multiple technical glitches, including triple hydraulic failures and autopilot disconnection, injuring 17 people. An investigation by AAIB, with assistance from French agency BEA and Airbus, is underway, while the pilot-in-command is undergoing confirmatory psychoactive substance testing.
The Nifty and Sensex outperformed Asian peers in South Korea, Japan, Taiwan and China.
The Parliamentary Standing Committee said the proposed comprehensive statutory framework for regulating OTT content should include robust technology-enabled age-verification mechanisms, effective parental controls and suitable penalties for non-compliance.
N Chandrasekaran will step down as chairman of Tata Sons in February 2027, concluding a decade at the helm, following a prolonged standoff over his reappointment with Tata Trusts Chairman Noel Tata.
Natarajan Chandrasekaran, credited with stabilising Tata Sons after a boardroom coup and overseeing significant expansion, has announced his resignation as chairman, capping a nearly decade-long tenure marked by both successes and escalating tensions with the group's controlling charitable trusts.
Bajaj Auto is set to launch new Pulsar motorcycles in the 125cc and 150-250cc segments in Q2 FY27, aiming to capitalise on the upcoming festival season surge. This move follows strong growth in the 150cc-plus segment, where refreshed Pulsar models already account for over 50 per cent of Bajaj's sales.
A Parliamentary Standing Committee on Commerce has urged the Indian government to swiftly conclude the proposed India-US Bilateral Trade Agreement (BTA), while ensuring India's interests are protected, recommending complete exemption for key export products like generic medicines and smartphones from future US tariff increases.
Delhi Police busted a racket involved in manufacturing and supplying counterfeit automobile parts, arresting two men and seizing a large consignment of fake products.
Delhi Police have dismantled a fake auto parts racket operating in Karol Bagh, arresting two individuals and seizing counterfeit spare parts valued at Rs 25-30 lakh.
Indian equity benchmarks Sensex and Nifty surged nearly 1 per cent, driven by strong earnings reports from FMCG and auto sectors, alongside a rally in Asian markets and signs of de-escalation in geopolitical tensions.
India's electric two-wheeler (e2W) market is consolidating, with established manufacturers TVS Motor, Bajaj Auto, and Hero MotoCorp, alongside EV specialist Ather Energy, driving nearly 96% of incremental registrations in the first half of 2026, while former market leader Ola Electric experienced a significant decline in registrations.
The Reserve Bank of India (RBI) maintained its key policy rates for the fourth consecutive time, keeping the repo rate at 5.25 per cent, while the benchmark BSE Sensex closed 152 points higher in a volatile session, recovering from an intraday dip.
Mumbai police arrested an auto-rickshaw driver for allegedly filming a woman passenger without her consent and attempting to blackmail and sexually exploit her.
A 54-year-old woman was robbed and thrown from an auto-rickshaw in Gurugram. Police swiftly arrested the driver and recovered the stolen items.
'While his cricketing achievements are obvious, people should remember Ajinkya Rahane, the person. Because he has inspired youngsters in the dressing room by his powerful humane gestures.'
Bajaj Auto reported a significant increase in its consolidated Q4FY26 performance, with profit after tax more than doubling to approximately 3,662 crore, a 103 per cent year-on-year rise, primarily driven by record volumes, an improved product mix, and the strategic consolidation of Bajaj Auto International Holdings AG (BAIHAG).
India's total automobile retail sales recorded a significant 9.55 per cent year-on-year growth in May, reaching an all-time high of 25,31,067 units, driven by strong performances in three-wheelers, passenger vehicles, and tractors, despite prevailing heatwave conditions and fuel price pressures.
Automobile manufacturers are increasingly vocal about the mounting paperwork and delays associated with India's Production-Linked Incentive (PLI) scheme for the automotive sector, arguing that compliance requirements are becoming as challenging as meeting technical eligibility conditions. They are pushing for a simpler, faster, and more predictable certification and compliance framework.
Bajaj Auto, the sole player in India's CNG-powered motorcycle segment, has seen a dramatic drop in registrations for its Freedom 125 CNG bike, from a peak of 12,167 in November 2024 to just 1,211 in May this year, primarily due to reduced price arbitrage between petrol and CNG and growing availability challenges.
TVS Motor Company reported a significant 56.8 per cent year-on-year increase in net profit to 1,036 crore in Q1FY27, driven by record sales volumes, an improved product mix, and robust demand in both domestic and international markets, with management anticipating continued double-digit industry growth.
A special court in Thane acquitted an auto rickshaw driver accused of sexually assaulting a 14-year-old girl in 2020, as the victim and her mother could not be traced during the trial.
Maharashtra minister Pratap Sarnaik announced a special verification drive from May 1 to August 15 to enforce the decision making Marathi mandatory for auto-rickshaw and taxi drivers in the state, during which no punitive action will be taken.
Central tax authorities detected input tax credit (ITC) fraud worth Rs 74,781.56 crore across 30,162 cases in FY26, more than doubling the number of cases from the previous year, according to the Ministry of Finance.
What was it like to be at the 2026 Delhi and Mumbai protests? Harsh Patel, 29, shares his first-hand experience of the Jantar Mantar march, the NEET paper leak protests, police action and why the movement gave him hope.
Delhi Police have arrested three individuals involved in the manufacturing and distribution of counterfeit two-wheeler spare parts, seizing fake components and packaging material worth approximately Rs 10 lakh.
Indian benchmark indices, Sensex and Nifty, rebounded in early trade after two days of decline, driven by positive global market trends and strong buying in auto stocks. This recovery follows a robust performance in US markets and a rally in Asian markets, particularly Japan's Nikkei, fueled by AI-driven technology optimism. Track Sensex, Nifty on July 1.
India's passenger vehicle industry is poised for a record-breaking year in 2026, propelled by robust dispatches in the first half of the calendar year and strong demand for utility vehicles, despite facing several economic challenges.
About 181,750 units were sold in FY26 in Punjab, marking a 16.29 per cent year-on-year increase.
A 65-year-old woman died and two others were injured after a speeding car collided with an auto-rickshaw in Mumbai's Chembur area. The car driver has been arrested and charged with causing death by negligence.
As the Medical Counselling Committee (MCC) web site opens for NEET-UG registration, aspiring medical students are urged to avoid simple, yet costly, mistakes during the online counselling process, with experts advising thorough preparation and careful choice filling.
Indian stock markets this week will be primarily influenced by a series of corporate Q1 earnings, the evolving geopolitical situation in West Asia, and fluctuations in crude oil prices, according to market analysts.
