Sandwiched between a Hero MotoCorp showroom and a shop that hires out cooking utensils is a small, dingy building that's been locked up. The non-descript two-room building is a manufacturing unit of Sresan Pharmaceuticals, the pharma company made its Coldriff cough syrup that has allegedly killed 25 children in Madhya Pradesh.
Multiple tailwinds for the automobile sector, including a cut in goods and services tax (GST) rates, are keeping analysts bullish on auto stocks from a long-term perspective, even as they see the rally running its course in the near term.
Festivals also contribute to the rise in overall automobile retail sales, says dealers association.
Aprilia did not say if Martin would be fit for the test in Thailand next week or the season-opening Grand Prix at Thailand's Chang International Circuit from Feb. 28.
MotoGP's Indian Grand Prix has been cancelled due to operational considerations, series organisers said on Wednesday.
Hero MotoCorp anticipates a big rebound in two-wheeler (2W) sales in rural India over the next four to eight quarters, driven by favourable factors such as a decent monsoon, rising crop prices, improved employment conditions, and increasing consumer confidence, its chief executive officer (CEO) Niranjan Gupta said on Wednesday. Amid tepid rural sales, he stated that there is a "strong case" for GST (goods and services tax) on entry-level two-wheelers, which are under 125 CC, to be moved down from 28 per cent to 18 per cent as they are used by "masses".
Hero MotoCorp and TVS Motor crossed Rs 1,000 crore in R&D spend for the first time, as legacy OEMs accelerate innovation to compete with new-age EV players.
Electric passenger vehicle (PV) retail sales jumped more than twofold in September with Tata Motors (TaMo) leading the pack having over 6,000 registrations and a 40 per cent market share.
With gains of over 28 per cent, Hero MotoCorp has emerged as the best-performing largecap automotive stock over the past three months. The rally has been driven by an improved outlook for the rural segment, higher demand during the ongoing festival season, and rising affordability following cuts in goods and services tax (GST) rates.
Marking its entry into the Indian laptop segment, Motorola has unveiled its debut notebook -- the Moto Book 60. Buyers will be able to get their hands on this device beginning April 23 via Flipkart and Motorola's official online store.
Marc's teammate Francesco Bagnaia could not capitalise on his first pole position of the season, losing the lead to Aprilia's Marco Bezzecchi after a slip towards the end of the first lap, before settling for fourth.
Equity markets this week will turn their focus on the RBI's interest rate decision, Q1 earnings from several blue-chip firms and tariff-related news for further cues, analysts said. Moreover, trading activity of foreign investors and trends in global equity markets will also drive investors' sentiment.
The Mahindra group has launched an internal investigation into the allegations against one of its employees for issuing rape threats to Sulata Deo, the Biju Janata Dal MP, in a Facebook post.
The Flipkart Republic Day sale offers a temporary price reduction for the Motorola Moto G85 smartphone. Here are the details.
BSE 200 companies together paid 5,819.75 crore as remuneration to their CEOs and directors in FY25, up from 5,352.8 crore a year earlier.
Given the stronger rural activity, and potential goods and services tax (GST) impact, investors are bullish on the two-wheeler (2W) segment. In August, dealers in the domestic market picked up 11 per cent more 2Ws year-on-year (Y-o-Y), despite only 2 per cent growth in retail registrations. This indicates inventory stocking ahead of the festival season. Export trends were good. TVS Motor and Royal Enfield may have gained domestic market share.
Among Sensex firms, Maruti zoomed the most by 8.94 per cent. Bajaj Finance rallied over 5 per cent, UltraTech Cement by 3.71 per cent, and Bajaj Finserv by 3.7 per cent. Mahindra & Mahindra, Hindustan Unilever and Trent were also among the gainers. However, ITC was the biggest loser, dropping by 1.26 per cent. Eternal, Tech Mahindra and Larsen & Toubro also declined.
The proposed reforms in goods and services tax (GST) announced by the government last week, coupled with the eighth pay commission dole-out, is likely to push consumption-driven stocks - such as air conditioners (ACs), select automobiles, fast-moving consumer goods (FMCG), retail, and counters of quick-service restaurants (QSRs) - into higher orbit over the next few months, believe analysts.
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.
Royal Challengers Bengaluru (RCB) moved the Delhi High Court on Thursday and accused an YouTube advertisement of disparaging its trademark.
Marc Marquez delivered a clinical masterclass at MotoGP's Cathedral of Speed on Sunday to claim victory at the Dutch Grand Prix
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.
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.
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.
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.
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.
'Unless we consistently show up with the right cars, at the right time, priced fairly, we risk becoming irrelevant very quickly.'
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.
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.
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.
Former MotoGP rider Capirossi pleased with BIC ahead of inaugural race
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.
Bike-taxi drivers are also left stranded as many depended on the service.
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 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.
Following a complaint by a police inspector, the case was registered at Cubbon Park station, they said.
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.
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