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Vedanta Aluminium share price gains for the first time since listing; Kotak, Citi initiate buy calls
Vedanta Aluminium shares rose 3% on June 18 after two brokerages initiated coverage with Buy ratings, signaling positive growth prospects driven by capacity expansions and cost efficiency. The stock debuted at ₹522, a significant premium over its initial price.
BMW rolls out MINI Countryman C locally with introductory price of Rs 47.5 lakh
BMW Group India has launched the locally assembled petrol-powered MINI Countryman C at an introductory price of Rs 47.50 lakh. This move to local manufacturing makes the premium crossover more competitive. The new variant features a 1.5-litre turbocharged petrol engine and is built on the UKL2 platform.
M-Cap of Vedanta's split cos jumps 67% to Rs 3.5 lakh crore
Vedanta's demerger has boosted shareholder value. The combined market capitalization of the parent and four new entities surged significantly. Investors are showing a premium for pure-play exposure to sectors like aluminium and oil and gas. Vedanta Aluminium is the dominant value driver. The residual Vedanta entity also holds substantial valuation. Smaller verticals are yet to see a rerating.
BMW Group India to hike prices by up to 2 pc across BMW, MINI vehicle portfolios from July 1
BMW Group India announced a price increase for its BMW and MINI vehicles. Prices will go up by up to 2 percent starting this July 1. This change affects both locally produced and imported models. The company cited macroeconomic factors like rupee depreciation and rising logistics costs for the adjustment. This move aims to maintain premium standards.
The AI play no one is talking about: Why BofA is snapping up power & metals instead of IT
BofA Securities India's Amish Shah advises shifting from IT to infrastructure, citing a 'dangerous gap' in consensus earnings forecasts. He highlights that commodity-driven earnings won't command premium valuations, and warns of potential downside from current market levels. Shah's strategy favors value in financials, growth in data center-linked infrastructure and metals, and policy plays in energy security and shipbuilding.
NMDC Plans India's First Branded Iron Ore Product, Targets Premium Pricing
State-run miner NDTV approves Rs 3,000 crore Vizag blending facility as it looks to move beyond volume growth.
Hindalco targets ₹1,000 crore from premium aluminium windows and doors business
The company has opened a new Delhi experience centre and expanded manufacturing capacity near Gurugram, aiming to serve growing demand across North India.
Hindalco launches its flagship Eternia experience centre in Delhi
To showcase its premium aluminium windows and doors portfolio
Tesla repositions Model Y in India to take on BMW, Mercedes EVs
Tesla has aggressively cut prices on its Model Y in India, aiming to compete with luxury rivals despite import duties. This strategic move follows a slow market entry, with rising fuel costs now potentially boosting EV adoption. The new Model Y Premium RWD is priced significantly lower, broadening Tesla's appeal to a wider range of premium car buyers.
Stock Crash: Recent listing extends two-day drop to 33% after Q4 results
Jain Resources Recycling had made their stock market debut back in October 2025, listing at a 14% premium to its issue price of ₹232 apiece. The stock is extending its losses after it reported its Q4 results on Monday.
New steel policy in works as India shifts focus to premium and green steel
India is developing an innovative steel policy aimed at redefining the industry landscape by 2035 and 2047. This initiative will establish aggressive targets for green, specialty, and stainless steel production, emphasizing high-quality products while striving to minimize import dependence.
Schaeffler India opens computational research infrastructure at FSID, IISC
Schaeffler India has announced the opening of a computational research infrastructure at the Foundation for Science Innovation and Development (FSID), Bengaluru. Part of Schaeffler India's purposeful engagement with IISC, premium research academia, this supported facility strengthens research capabilities by enabling HPC (High- Performance Computing) large-scale simulations, data-intensive modelling and advanced analytics across materials, energy systems, and sustainable mobility. Additionally, these improvements will foster stronger industry collaborations, improved research quality and efficiency, and increased relevance of research in industry projects.