Market News
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India's next telecom battle could be fought on highways, with connected cars
India's telecom battles have traditionally revolved around spectrum, towers and tariffs. But a new consultation paper by TRAI on Vehicle-to-Everything (V2X) communication suggests the next frontier could be India's highways. The proposal envisions vehicles, roads, traffic systems and cloud platforms communicating in real time through Cellular V2X technology built on existing 4G and 5G networks.
Government scraps licensing rule for vehicle safety technology
India has taken a bold step by deregulating key radio frequencies, paving the way for innovative advancements in self-driving and collision-avoidance technologies in vehicles. Car manufacturers are now empowered to integrate cutting-edge global safety technologies, significantly enhancing road safety. Additionally, a novel framework is on the horizon for vehicle communication, designed to optimize traffic management and smarter transportation systems.
PPAP Automotive stock zooms 16% on Hutchinson partnership news
PPAP Automotive has entered into a technology partnership agreement with Hutchinson to manufacture advanced body sealing systems in India for the passenger vehicle segment.
PPAP Automotive jumps after sealing technology partnership with Hutchinson
PPAP Automotive surged 10.73% to Rs 227.55 after the company announced a technology partnership with Hutchinson to manufacture advanced body sealing systems for the passenger vehicle segment in India.
Tata Motors' expansion to go on, Iveco acquisition to help it rank among top 4 global CV makers: N Chandrasekaran
Tata Motors is gearing up for an ambitious global journey, aiming to redefine its role in emerging commercial vehicle markets, chairman Chandrasekaran said. With the strategic acquisition of Iveco, the company is setting its sights on breaking into the elite tier of the world’s four largest commercial vehicle manufacturers, he added.
Clean rules put auto parts cos on a whole new growth path
India's auto component sector is set for a growth spurt. New rules for cleaner, safer, and fuel-efficient vehicles are boosting demand for advanced technologies. Companies are seeing increased business in emission control, sensors, and safety systems. Electrification is also a key driver. This regulatory wave promises significant opportunities for suppliers.
Jain Irrigation Systems commissions industrial-scale biochar facility in Jalgaon, Maharashtra
Jain Irrigation Systems (JISL) has commissioned a ~20,000 tonne/annum high-tech industrial-scale biochar facility along with its partners in Jalgaon, Maharashtra, advancing climate-smart agriculture, circular manufacturing, and engineered carbon removal at commercial scale. JISL has worked with global experts in the field to design and implement this pioneering project.
Maruti hits all-time monthly sales high; CNG bookings jump 40%, EV demand doubles
Maruti Suzuki achieved its highest-ever monthly sales in May, driven by strong performance across all segments, including a significant surge in small car and utility vehicle sales. Tata Motors also reported robust growth, setting a new record for EV sales. The two-wheeler and commercial vehicle sectors also witnessed steady demand and growth.
Tata Motors commercial vehicle sales soar 17% at 32,850 units in May
Tata Motors has announced strong sales figures for May. Total commercial vehicle sales saw a significant 17 percent increase. Domestic sales also climbed by 19 percent, showcasing robust performance. While international volumes experienced a slight dip, the overall trend indicates positive momentum for the company's commercial vehicle segment. This growth reflects a healthy market for Tata Motors' offerings.
Tata Motors CV sales rise 17% in May, but miss Street estimates
Total commercial vehicle sales, including domestic and international markets, stood at 32,850 units during May, compared with 28,147 units a year earlier. However, the number fell short of the CNBC-TV18 poll estimate of 34,900 units.
Commercial vehicle makers strengthen non-core business to ride out 'cyclical' bumps
India's commercial vehicle makers are diversifying beyond truck sales to stabilize revenue. Companies like Tata Motors, Ashok Leyland, and VECV are seeing significant growth in spare parts, financing, and fleet services. This strategic shift aims to create recurring income streams, mitigating the impact of the market's cyclical nature and economic fluctuations.
Ashok Leyland shares fall after Q4 results, near-term demand uncertainty
Management said FY26 commercial vehicle volumes touched an all-time high, surpassing the earlier peak, while export volumes also hit a record high with 18.5% year-on-year growth. However, exports disappointed during the quarter due to logistical disruptions linked to the West Asia conflict.