Market News

Stay updated with the latest market trends, earnings, and economic indicators.

Showing news for:TNPLAutomobile and Auto Components
Clear all filters
ET Graphics: Odisha, Delhi, Tamil Nadu lead India's EV adoption surge amid fuel shift
positive
ET Markets - Industry 2d ago

ET Graphics: Odisha, Delhi, Tamil Nadu lead India's EV adoption surge amid fuel shift

Vehicles running on fuels other than petrol and diesel made up a record 40% of all passenger vehicles sold in June, FADA data released earlier this week showed.

ALLETECTMPVTNPLAutomobile and Auto ComponentsForest Materials
300 engineers get promotion in landmark move by Tamil Nadu Power Distribution Corporation
positive
ET Markets - Industry 34d ago

300 engineers get promotion in landmark move by Tamil Nadu Power Distribution Corporation

In a significant move, Tamil Nadu Power Distribution Corporation Ltd has promoted 300 assistant executive engineers simultaneously. This transparent process, based on eligibility and board rules, aims to address staffing needs and long-pending issues. The promotions are expected to boost morale, enhance operational efficiency, and improve public services.

ENGINERSINGVPILLANDMARKTNPLAutomobile and Auto ComponentsCapital Goods
Hyundai Motors, Tamil Nadu govt join hands to build EV manufacturing, skill hub
positive
ET Markets - Industry 37d ago

Hyundai Motors, Tamil Nadu govt join hands to build EV manufacturing, skill hub

Hyundai Motor India Limited is collaborating with the Tamil Nadu government to transform the region into India’s foremost electric vehicle center. This initiative will also introduce a skill development program aimed at enhancing job prospects for the state's young population.

HYUNDAITNPLAutomobile and Auto ComponentsForest Materials
Hyundai Motor India to roll out its first mass-market EV from Chennai facility this year
positive
ET Markets - Industry 37d ago

Hyundai Motor India to roll out its first mass-market EV from Chennai facility this year

This year, Hyundai Motor India will unveil two innovative vehicle models sourced from its Chennai plant, featuring the company’s first budget-friendly electric vehicle designed for the masses. Committed to turning Tamil Nadu into its electric vehicle headquarters in India, Hyundai is simultaneously expanding its network of charging stations.

COMMITTEDHYUNDAITNPLAutomobile and Auto ComponentsForest Materials
Hyundai Motor India To Roll Out Its First Mass-Market EV From Chennai Facility This Year
neutral
NDTV Profit 37d ago

Hyundai Motor India To Roll Out Its First Mass-Market EV From Chennai Facility This Year

The Tamil Nadu government and Hyundai Motor India Ltd (HMIL) also jointly announced a skill development collaboration to enhance the global employability of the state's youth.

GLOBALHYUNDAITNPLAutomobile and Auto ComponentsConsumer Services
NEWS
negative
Business Standard - Markets 40d ago

Hyundai reports fire incident at supplier's facility

Hyundai Motor India announced that a fire incident occurred at one of the manufacturing facilities of the company's supplier i.e. Mobis India (Mobis) at Irrungattukottai, Kancheepuram District of Tamil Nadu in the late afternoon of 31 May 2026. No fatality has been reported.

HYUNDAITNPLAutomobile and Auto ComponentsForest Materials
Hyundai Flags Temporary Production Disruption After Fire At Supplier Mobis' Tamil Nadu Plant
negative
NDTV Profit 40d ago

Hyundai Flags Temporary Production Disruption After Fire At Supplier Mobis' Tamil Nadu Plant

The affected facility supplies audio components and certain other automotive parts to Hyundai.

HYUNDAITALBROAUTOTNPLAutomobile and Auto ComponentsForest Materials
One Vote, One History: Anand Mahindra Wants This Tamil Nadu Election Math Shown In Every Classroom
neutral
NDTV Profit 66d ago

One Vote, One History: Anand Mahindra Wants This Tamil Nadu Election Math Shown In Every Classroom

TVK's Seenivasa Sethupathy polled 83,365 votes, narrowly surpassing DMK's KR Periyakaruppan's 83,364 in a dramatic finish.

M&MTNPLAutomobile and Auto ComponentsForest Materials
NEWS
negative
Business Standard - Markets 91d ago

Sundaram Brake Linings reports fire incident at its Plant I at Kariapatti, Tamil Nadu

Fire was controlled within time and fortunately, there were no casualty and injury to life. However, the affected operations will be temporarily shut. The extent of damage to assets and equipment is currently being evaluated, and a detailed estimate will be ascertained in due course.

SUNDARAMSUNDRMBRAKTNPLAutomobile and Auto ComponentsFast Moving Consumer Goods
Ola Electric plans Rs 2,000 cr fundraise for battery arm
positive
ET Markets - Industry 117d ago

Ola Electric plans Rs 2,000 cr fundraise for battery arm

Ola Electric is raising up to Rs 2,000 crore by selling a stake in its battery unit, Ola Cell Technologies. This move aims to strengthen its finances and restructure operations. The company's battery plant in Tamil Nadu is set to expand its capacity. This development is crucial for India's domestic EV supply chain and energy storage solutions.

BMETRICSENERGYENERGYDEVGKENERGYIREDAKPELOLAELECTNPLTVSSCSAutomobile and Auto ComponentsConstruction
MRF Ltd to invest Rs 5,300 crore in New Tamil Nadu tyre plant
neutral
ET Markets - Industry 129d ago

MRF Ltd to invest Rs 5,300 crore in New Tamil Nadu tyre plant

Tyre giant MRF Ltd has announced plans to pour in Rs 5,300 crore over the next 12 years to set up a cutting-edge manufacturing plant in the Sivaganga district. This investment is expected to generate around 1,000 new jobs, signaling a pivotal advancement in the region's industrial landscape.

BFINVESTIITLJKTYREMRFTNPLAutomobile and Auto ComponentsFinancial Services
MRF inks MoU with Tamil Nadu government to invest ₹5,300 crore to set up a new greenfield manufacturing unit
neutral
CNBC TV18 - Markets 129d ago

MRF inks MoU with Tamil Nadu government to invest ₹5,300 crore to set up a new greenfield manufacturing unit

The proposed plant, is to be located at SIPCOT Industrial Park in Sivaganga district, will manufacture automotive tyres and allied products, MRF said.

EVIETFEVINDIAGROWWEVMRFTNPLAutomobile and Auto ComponentsFinancial Services