Page 21 - Auto Sector News Today

TVS Motor, a leading Indian two-wheeler maker, is gearing up for a major push into the electric vehicle (EV) space. More details inside.

Company declares final cash dividend of Rs29 per share

Company remained non-operational through much of the period, as it faced inventory shortages

Company remained non-operational through much of the period, as it faced inventory shortages

Carmakers are focusing on electrification, but new climate legislation will make procurement of low-carbon steel a point of competition. Traditional carmakers should lay out ambitious steel decarbonisation targets now, along with their electrification road maps, or risk losing out once again.

Indus Motor Company, the assembler of Toyota automobiles in Pakistan, has decided to shut production from August 25,...

Even if inflation stays elevated, it is prudent to stay invested in an asset class rather than holding cash and risking an inflation-impacted purchasing power, Amar Ambani of Yes Securities advised.

The market is speculating on long-term growth prospects because the multiple that we apply is on the short term, the next year or the year after that the multiple comes up on that number.

"I cannot talk about specific names but companies where we have seen management changes or we have seen results being below expectations, these are places where markets have been quite brutal and when they are trading at low teens or low double digit numbers, these are places where there is an interesting hunt zone."

On certain drone—related equipment, like engines, lasers and anti—drone systems. the new restrictions will kick in next month. the controls could affect some consumers. china is home to a big drone manufacturing industry that exports to multiple countries like the us. beijing said the new move will safeguard national security interests, after criticism that its drones were used in the ukraine war. meanwhile, beijing has unveiled new measures to boost consumption in the worlds second largest ...