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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.
Tyre exports at record high of Rs 27,312 cr in FY26 despite supply chain disruptions
Indian tyre exports reached a record Rs 27,312 crore in FY2025-26. The United States remained the top destination. Despite global supply chain issues, the industry saw significant growth. Recent US tariff adjustments provided relief to Indian exporters. Germany, Italy, Brazil, and France were also key markets. The tyre sector's resilience is evident with substantial investments in manufacturing.
Varroc Engineering forms strategic partnership with Suzhou Tolyy Optronics
The collaboration combines Tolyy's display engineering and technology expertise with Varroc's manufacturing capabilities and OEM relationships, enabling localization of advanced display solutions, strengthening the Company's digital cockpit product portfolio, enhancing competitiveness in domestic and global markets and supporting future growth opportunities across passenger and commercial vehicle segments.
BofA sees FY27 earnings growth slowing to 8.5%; capex outlook stays strong
Amish Shah, Head of India Research at Bank of America Global Research, said higher commodity prices, the West Asia conflict and rising inflation could put pressure on growth and earnings in the first half of FY27. However, he believes the government is unlikely to reduce capital expenditure despite fiscal concerns. Shah also highlighted long-term opportunities in sectors linked to energy security, electric vehicles, defence, AI investments and data centres.
Varroc Engineering partners with TOLYY to localise next-generation digital cockpit solutions
Varroc Engineering said that it has entered into a strategic cooperation agreement with China-based TOLYY OPTRONICS to localise and supply next-generation digital cockpit display solutions for global passenger and commercial vehicle platforms.
Kotak’s Nilesh Shah calls for easier access to India for global investors through GIFT City
Nilesh Shah, Managing Director of Kotak Mahindra AMC, said India should enable omnibus investment structures through GIFT City to make investing easier for global investors and NRIs. Speaking alongside industry leaders including Navneet Munot, MD & CEO of HDFC AMC, Shah argued that requiring individual PAN registration creates friction for overseas investors. Participants also called for simpler onboarding, digital KYC processes and stronger promotion of India as a destination for long-term capital.
Unilever says co won't miss India's premium boom like it did in China
Unilever CEO Fernando Fernandez stated the company will not repeat past mistakes in China by being late to India's premium market. He emphasized accelerating the introduction of global prestige home and personal care brands, identifying India as a key priority market for future growth and acquisitions in the beauty and personal care segment.
Hero MotoCorp sales rise 12 pc in May at 5.7 lakh units
Hero MotoCorp saw a 12 percent increase in vehicle dispatches in May 2026. The company sent out 5,70,068 units compared to 5,07,701 units in the previous year. Domestic sales remained strong with over 4.96 lakh registrations. Global business also grew significantly, with 33,284 units dispatched, marking a 78 percent rise.
BofA says India’s EV market may be entering a stronger growth phase
Gunjan Prithyani, Senior Analyst-Automobiles & Auto Components at BofA Global Research warns of near-term pressure on auto sector margins from higher steel and metal prices, while affordability risks could impact entry-level vehicle demand.
Stocks in news: Ola Electric, Eicher Motors, Axis Bank, Anant Raj, Wipro
Markets faced pressure on Monday, with key indices declining over half a percent due to weak global cues. Ola Electric approved its QIP issue, Eicher Motors reported a 15% sales rise, and Axis Bank increased its stake in Axis Max Life Insurance.
May Auto Sales: Hero MotoCorp dispatches 5.70 lakh units; global business jumps 78%
Shares of Hero Motocorp Ltd ended at ₹4,821.00, down by ₹77.40, or 1.58%, on the BSE.
Car sales sail smooth despite war woes; Auto cos log double-digit growth on Maruti, TaMo surge; two-wheeler & CVs also in fast lane
Indian car sales surged significantly in May. Maruti Suzuki and Tata Motors reported robust growth. Two-wheeler sales also saw double-digit increases. Despite global challenges, consumer demand remained strong. This positive trend extended to utility vehicles and electric vehicles. Farm equipment sales also performed well. The automotive sector shows resilience and continued momentum.