Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Tata Motors charts $100 billion automotive ambition, commits Rs 40,000 crore to India business
Tata Motors aims for a USD 100 billion automotive business by FY31. The company plans substantial capital expenditure for domestic operations and JLR. Passenger vehicles will focus on aspirational products and market share growth. Jaguar Land Rover will contribute significantly to the projected sales figures. Digital technologies and AI are key investments for future operations.
Tata Motors PV targets 10x volume growth by FY30; Chairman N Chandrasekaran aims for 20% market share
Tata Motors Passenger Vehicles aims for ten-fold volume growth by FY30. The company targets over 1.2 million vehicle sales and 20 percent market share. Significant investments in digital technologies and AI are planned across the value chain. Collaboration with Jaguar Land Rover leverages complementary strengths in manufacturing and technology. The company is committed to electric vehicle transition and future mobility.
Top Gainers & Losers on 7 July: Trent, Kalyan Jewellers, Cochin Shipyard, Tejas Networks, BSE among top losers
The Indian stock market's bull run ended on July 7 as benchmark indices fell due to profit booking, particularly in auto and metal sectors, despite gains in IT stocks. The Nifty 50 settled 0.25% lower, while Sensex dropped 387 points, breaking their winning streak.
Dixon Tech, Coforge, 8 other stocks among Motilal’s non-Nifty ideas ahead of Q1 results
Motilal Oswal has identified ten non-Nifty stocks for investors ahead of quarterly earnings. The brokerage anticipates healthy revenue growth across various market capitalizations. TVS Motor and Dixon Technologies are among the top picks with significant upside potential. Radico Khaitan and Indian Hotels Company also show promising revenue growth prospects. Coforge and Kirloskar Oil Engines are also highlighted for their future performance.
Tata Motors to invest up to Rs 40,000 crore by FY31
Tata Motors is set to invest up to Rs 40,000 crore over five years, aiming to nearly double its passenger vehicle capacity and introduce new models. The company targets a 20% domestic market share by FY31, with electric and CNG vehicles driving significant growth. This ambitious plan includes expanding its EV lineup and enhancing battery technology to address adoption barriers, positioning Tata Motors for a multi-powertrain future.
Lucid layoffs: 1,500 jobs cut, COO Marc Winterhoff out — EV maker has now shed nearly 30% of its workforce in 4 months
Lucid Group is cutting roughly 1,500 jobs — its second major round of layoffs in four months — as COO Marc Winterhoff exits and the US EV market continues to cool. Here is what it means for the company's future
Reliance to turn crude into carbon fibre, green chemicals, other materials in major O2C overhaul
Reliance Industries is set to reinvent its oil-to-chemicals business. The company will convert crude oil into advanced materials and green chemicals. This strategy aims to create new revenue streams and reduce exposure to global energy market volatility. Reliance is committed to ensuring India's energy security by future-proofing its legacy business and building new growth engines.
Natural gas prices rebound as inventories tighten, LNG exports rise: Motilal Oswal
Natural gas prices are climbing back up. This recovery is driven by lower stored gas, increased power sector use, and more US liquefied natural gas exports. Future growth is expected as new export facilities come online. Data centers are also becoming a new source of demand. The market is seeing a significant shift.
Humanoid robots and self-driving cars could unlock SpaceX's $28.5 trillion market opportunity: Gwynne Shotwell
SpaceX is betting that the rapid adoption of autonomous machines and AI-powered systems will drive unprecedented demand for computing power and global connectivity, positioning Starlink at the centre of a future AI ecosystem.
Iran war effect: Leading EV two-wheeler makers accelerate expansion amid petrol price worries
Major electric scooter companies are rapidly increasing production capacity. This expansion aims to meet a surge in demand for eco-friendly vehicles. Combined monthly output is expected to nearly double by the end of the fiscal year. This signals a shift towards mass-market adoption. Companies are navigating challenges while betting on strong future growth.
Open to 4-5 acquisitions, but at sensible valuations: Ameera Shah, promoter and executive chairperson, Metropolis Healthcare
Metropolis Healthcare is set for its next growth phase. The diagnostic chain will focus on genomics and specialty diagnostics. Strategic acquisitions will also play a key role. The company aims to expand services beyond pathology. This strategy will drive future growth and strengthen its market position.
From oncology to obesity, Pfizer bets big on India for its next growth wave
Pfizer is focusing on India for future growth. The company plans to launch new medicines quickly and at affordable prices. India is seen as a crucial market for new treatments in cancer, obesity, and vaccines. Pfizer is also working on local clinical studies for future drug launches.