Rising household incomes are also supporting demand across small cars, first-time buyers and higher-end SUVs. He said the company continues to absorb a significant portion of higher commodity costs and is stepping up efforts to reduce costs.
Corporate
GST Cuts Leave 5-6% Affordability Headroom For Car Buyers, Says Tata Motors' Shailesh Chandra
'Cheaper Does Not Mean Cheap': India Still Trades At Premium, Says Dheeraj GaurThe Nifty now trades at about 17.5 times one-year forward earnings, below its 15-year average of around 19.6 times. India's premium over other emerging markets has also narrowed to a 10-year low. So, the market is certainly cheaper than it was.
'One Plus One Needs To Become More Than Two': eClerx's Kapil Jain On M&A, Growth StrategyJain said eClerx is seeing healthy demand among existing clients and within its existing industry verticals, while also seeing opportunities to cross-sell its capabilities.
HDFC Bank To Issue ESOP Of 19 Lakh Shares To 'Employees' — Key Details InsideThe bank's board will meet on October 17 to consider and approve the standalone and consolidated financial results for the quarter and half-year ended September 30, 2026.
Oberoi, Lodha, DLF, GPL: Strong H2 Ahead For Property Stocks; Jefferies Flags Sales, Launch MomentumJefferies analysts Abhinav Sinha and Anadi Aggarwal expect their coverage companies to deliver 10-15% pre-sales growth in the September quarter, reversing a 30% decline in the previous quarter.
Fadnavis Exclusive: Maharashtra Taps SEBI, NSE, BSE Expertise For Blockchain Land Act DELTAThe proposed legislation is aimed at creating a legal and regulatory architecture under which immovable assets can be digitised and represented through tokens based on the underlying value of the property.
ICICI Lombard Fined Rs 1 Crore By IRDAI Over Outsourcing NormsThe company said it received the order dated September 7, 2026, following an onsite inspection conducted by IRDAI in September 2019.
Building Bharat: How PhonePe PulsePro Is Decoding India's Economic PulsePhonePe PulsePro uses aggregated digital transaction data from 700 million consumers and 50 million merchants to offer granular market intelligence across 99% of India's postal codes.
'Correction Is Over, Downside Looks Very Protected': Geojit's Gaurang Shah On What's Next For Indian EquitiesIf the conflict further escalates, if it prolongs for a long period of time and there is a meaningful disruption in the global supply pipeline, there could be a possibility of crude oil moving to higher levels.
Fairfax May Exit IIFL Finance Ahead of Likely IDBI Bank DealFairfax, founded by Indian-born Canadian billionaire Prem Watsa, is holding talks with global private equity firms for a potential sale, the people said, asking not to be named discussing private matters.
Maruti Suzuki To Hike Prices By Up To Rs 20,000 From September 2026The company said it has been making continuous efforts over the past few months to mitigate the impact of higher costs through cost-reduction measures.
LTM, Wipro, Info Edge: Goldman Sachs Charts 3 Very Different Roads As AI Reshapes Tech SpendingGoldman Sachs maintains its 'Sell' rating on Wipro with a target price of Rs 172, pointing to subdued near-term growth and persistent client-specific challenges.