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India's chemicals industry to reach $255 billion by 2030: Report
India's chemicals sector is poised for significant growth, reaching $230-255 billion by 2030. Emerging sectors like semiconductors and electric vehicles will drive this expansion. The industry presents substantial import substitution opportunities, particularly in inorganics and polymers.
Tata Motors targets mass EV adoption with low-priced, fast-charging Punch
Tata Motors is launching its new low-priced Punch EV. This move aims to capture India's large budget car market for electric vehicles. The company believes cracking this segment is key to mainstreaming EVs. The Punch EV offers competitive pricing and features like fast charging and a battery warranty.
Hero MotoCorp shares jump 5% today as Jefferies upgrades stock on demand stabilisation, EV progress
Hero MotoCorp shares jumped 5 percent after a rating upgrade by Jefferies, which cited stabilising demand trends, recovery in market share and improving medium-term prospects from both electric vehicles and the core internal combustion engine (ICE) business.
MSTC shares surge 7% on scrappage incentives in new Delhi EV policy 2026, extend one-month rally to 57%
Under the new policy, owners replacing BS-IV or older two-wheelers with electric vehicles will be eligible for an additional scrappage incentive of Rs 10,000.