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Tata Motors PV bets on SUV, EV demand to drive ‘industry-beating’ growth in FY27 despite geopolitical risks
Tata Motors Passenger Vehicles anticipates significant growth in FY27. Strong demand for SUVs, CNG, and electric vehicles will drive production increases. The company aims for industry-beating performance. Potential challenges from global events and commodity prices are being monitored. This follows a record sales year in FY26, with the company securing the second position in the passenger vehicle market.
Siemens Global Parent Reports 21% Revenue Growth in India, Surpassing Market Estimates of 6-7% - scanx.trade
Siemens Global Parent Reports 21% Revenue Growth in India, Surpassing Market Estimates of 6-7%scanx.trade
I-Beauty! After J, K and C, now it's India's turn in the big beautiful market
India's beauty industry is emerging as a global force, blending Ayurvedic heritage with modern science to create "I-beauty." With rising exports and significant acquisitions by major companies, Indian brands are poised to capture international attention, offering affordable luxury and innovative dermocosmetics. However, a crowded global market and established K-beauty presence present challenges.
Siemens eyes exit from cancer care chain American Oncology Institute
Siemens Healthineers is exiting its Indian cancer care chain, American Oncology Institute. The deal is valued between ₹1,500-2,000 crore. Private equity funds and Healthcare Global Enterprises are potential bidders. AOI operates 16 hospitals in India and one in Sri Lanka. This move aligns with Siemens Healthineers' broader strategic reviews. The Indian cancer care market is experiencing significant growth and investment.
$1 Trillion Export Goal: Piyush Goyal Bets On FTAs To Power India's Trade Push
Goyal said at least five FTAs are expected to come into effect within the next 12 months, providing a major boost to India's global trade ambitions.
Texmaco Rail & Engineering shares zoom 13% on strong Q4 show, order win worth Rs 4,045 crore
Texmaco Rail & Engineering shares rose sharply after reporting a 45% rise in Q4 net profit. Despite lower revenue, margins improved, while a Rs 4,045 crore South Africa order win and defence foray plans boosted sentiment. The stock hit an intraday high amid strong growth and a global expansion outlook.
Stocks in news: Airtel, Tata Motors, Dr Reddy's, NTPC, Dixon Technologies
Markets faced selling pressure on Tuesday due to weak global cues and macroeconomic concerns, with the Nifty approaching support at 23,150. Several companies like Airtel, Tata Motors, and Dr Reddy's are in focus due to earnings reports and other news developments.
Texmaco Rail secures mega South Africa rail order worth over ₹4,045 crore
Texmaco said this marks one of its largest international rolling stock opportunities and represents a key milestone in its global expansion plans. Shares of Texmaco Rail & Engineering Ltd ended at ₹105.55, down by ₹6.25, or 5.59%, on the BSE today, May 12.
India will need to see how long fuel retailers can bear losses, oil minister says
India's oil minister highlighted the need to address state-run fuel retailers' mounting losses from selling petrol and diesel below market rates. Despite global price surges, pump prices remain unchanged, impacting companies significantly. Officials deem compensation fiscally unsustainable, suggesting a substantial but inflation-conscious price adjustment may be necessary soon.
Adani Ports bets Rs 13,000 crore by FY31 for Europe subsea expansion
Adani Ports is expanding its marine services into Europe. Its platform Astro Offshore has partnered with Oceaneering International. This move targets specialized subsea and offshore services. The company plans significant capital expenditure to build a large global marine fleet. This expansion aims to create a major integrated marine platform.
Chanel for Chandigarh, Mango for Mangaluru: India’s luxury map shifts beyond metros
India's retail landscape is shifting as smaller Tier-2 cities are now attracting global brands and premium malls, outperforming larger metros. A new study reveals a parallel retail economy emerging, driven by strong consumption power and modern infrastructure in these rapidly developing urban centers.
Hong Kong’s Crown Worldwide plans to double India investments in two years
Crown Worldwide Group is set to invest an additional $30 million in India over the next two years. This expansion includes a new integrated storage and information management facility in Coimbatore. The company aims to double its capacity in one of its fastest-growing global markets. This move will support rising demand for secure storage and digitisation solutions in India.