Business

The automaker also announced an average hike of 1.6% across its portfolio. The new rates will come into effect from April 6.

Founded in January 2025 by Goyal and Surobhi Das, LAT Aerospace develops next-generation ultra-short takeoff and landing aircrafts.

Reliance owns and operates two refineries at Jamnagar in Gujarat - a 33 million tonnes per year unit catering to the domestic market and a 35.2 million tonnes only-for-exports SEZ unit.

A bench of Justices J K Maheshwari and A S Chandurkar told the SEBI's counsel that its order of November last year was very clear that all proceedings against the Sandesara brothers will be quashed if they deposit Rs 5,100 crore in the apex court registry.

With EV volumes already crossing a record high and adoption broadening across segments, any sustained increase in fuel prices or supply constraints could significantly accelerate the transition.

He said that layoffs are sometimes used as a way to restore efficiency.

Honda Motorcycle & Scooter India saw its two-wheeler market share rise by 350 basis points during the April-October period, reaching 20%.

Astra Rafael Comsys Pvt., a joint venture company of aerospace and defense firm Astra Microwave Products Ltd., on Thursday announced a new order worth Rs 250 crore from Hindustan Aeronautics Ltd.

Defence Minister Rajnath Singh reported a record 62% growth in annual exports. India is rapidly transforming into a trusted global weapons supplier.

Vodafone Idea's addition in February follows a decline in subscriber losses in preceding months, according to the regulator's data.

The Reserve Bank on India on Thursday approved the proposed acquisition of majority shareholding in RBL Bank Ltd. by Emirates NBD Bank.

Motilal Oswal is overweight on auto, PSU banks, diversified financials, technology, consumer discretionary, and capital goods and EMS, which are its key preferred investment themes.

The state-run defence giant faces execution hurdles due to GE engine delays. Analysts trimmed the target price to Rs 5,175 while staying highly bullish.

Morgan Stanley and Citi back M&M and TVS Motor after stellar March sales. However, analysts warn that geopolitical tensions could pressure future margins.

Kaynes is emerging as a front-runner OSAT player in India, with a scalable capacity of up to 2.3b units by Q1 FY28.

Following the recent correction, Ashok Leyland now appears attractively valued at 21.0x FY27E and at 17.6x FY28E.

Vora warned that the longer the Strait of Hormuz remains shut, the more severe the impact would be, particularly for Asia and India.

While recent LPG shortages have led to some menu restrictions on Zomato, the brokerage notes that the impact on volumes remains minimal so far.

Q4 reflects a demand-driven upcycle constrained by supply-chain inefficiencies and cost inflation with the industry navigating a delicate balance between growth and profitability, says Nirmal Bang.

The growth was driven by sustained demand across both domestic and international markets, supported by a strong and diverse motorcycle portfolio and a growing ecosystem of allied businesses.