India’s automobile market showed signs of recovery in September 2025 as festive demand lifted passenger vehicle and two-wheeler sales, according to Citi Research, reported by ANI. Recent GST reductions and increased consumer confidence helped boost sales after a slow August in anticipation of the holiday season, which started on September 22. Although wholesale dispatches were…
Shares of Indian automotive companies surged on September 23 as robust demand for two- and four-wheelers boosted the sector, cushioning broader market weakness. The Nifty Auto index rose nearly 1.5 per cent, led by Maruti Suzuki, Eicher Motors, Tata Motors, M&M, and Hero MotoCorp, alongside consumer finance NBFC Bajaj Finance. Top Gainers: Maruti, Tata Motors,…
Hero MotoCorp on Monday named Harshavardhan Chitale as its next Chief Executive Officer, effective January 5, 2026. The appointment was approved by the company’s board and announced in a stock exchange filing. Chitale will succeed Vikram Kasbekar, who has been serving as acting CEO since the resignation of Niranjan Gupta earlier this year. Kasbekar will…
According to market expert Anil Singhvi, the government’s recent GST reforms amount to a mini budget, delivering one of the biggest tax relief packages since the 2019 corporate tax cuts. These sweeping GST rate reductions cover almost all sectors where relief was expected and promise to stimulate consumption, business growth, and market confidence. “This is…
Ola electric shares today: Ola Electric saw its shares rise as much as 5 per cent on Monday, touching an intraday high of Rs 49.40, after reports emerged that Niti Aayog is stepping up efforts to accelerate the shift toward electric motorcycles in India. According to Hindu Businessline, the government’s policy think tank has called a…
Stock Market Closing:Â Indian equity benchmarks extended their winning streak for the fourth straight session, buoyed by strong gains in Reliance Industries and select auto stocks. The Sensex closed 371 points higher at 81,644.39 (+0.46 per cent), while the Nifty 50 ended just below the 25,000 mark at 24,981, up 104 points (+0.42 per cent). The…