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C-suite Jobs: Auto Industry ramps up C-suite hiring amid post-pandemic sales surge, ET Auto

C-suite Jobs: The Indian automobile industry is experiencing a surge in hiring for C-suite executives from diverse consumer-facing sectors to address a talent shortage at the top level amid a post-pandemic sales rebound. Over the past 12-18 months, senior executives from FMCG, consumer durables, and retail backgrounds have transitioned to carmakers like Maruti Suzuki, Bajaj Auto, and TVS Motor Company, traditionally known for hiring engineers and technology experts.

Sri-lanka , India , Vinod-aggarwal , Pradeep-lamba , Le-creuset , Ankur-damani , Saurab-kapoor , Arnab-roy , Rachna-kumar , Maruti-suzuki , Neelesh-gupta , Ashutosh-khanna

Stock recommendations by analyst for April 26: Hero MotoCorp, GMR Infra and REC

For Friday, an analyst from a domestic brokerage has assigned 'Buy' calls for Hero MotoCorp, GMR Infra and REC shares. Check details.

Shiju-koothupalakkal , Hero-motocorp-ltd , Technical-research-analyst , Prabhudas-lilladher , Stocks-to-buy , Ero-motocorp , Tock-to-buy-today , Tocks-to-buy-or-sell-today , Ero-motocorp-shares , Ec-shares , Mr-infra , Mr-infra-shares

Stocks to Watch: RIL, Paytm, Tata Elxsi, Adani Ent, HDFC Bank, Hero MotoCorp, and Others

Stocks to watch: Shares of firms like RIL, Paytm, Tata Elxsi, Adani Ent, HDFC Bank, Hero MotoCorp, and others will be in focus on Tuesday's trade.

Japan , Sebi , Kagoshima , India , Arun-jaura , Tata-elxsi , Wipro , Adani-enterprises , Financial-group , Reliance-industries , Kp-energy , Mukesh-reliance-industries

Ather Energy: Ather eyes new round, Nikhil Kamath buys big part of Sachin Bansal's holding, ET Auto

Ather Energy is also finalising plans to raise USD 75-90 million (about INR 750 crore) in primary funding from existing investors, according to the people. This underscores increasing investor interest in the company and the mobility segment, they said. New investors are also being approached.

India , Nikhil-kamath , Sachin-bansal , Ather-energy , Infrastructure-fund , National-investment , Binny-bansal , Hero-motocorp , Tiger-global , Ola-electric , Namma-yatri , Uber-india

Arun Jaura, CTO, Hero MotoCorp, steps down; Vikram Kasbekar to head R&D function, ET Auto

Hero MotoCorp: Jaura joined the company two and a half years ago in 2022 and has played an active role in expanding the company’s portfolio.

Arun-jaura , Arjun-jaura , Vikram-kasbekar , Motocorp-arun-jaura , Hero-motocorp , Hero-motocorpnew-delhi , Chief-technology-officer , Global-product-planning , Executive-director , Run-jaura , Ero-motocorp

Ahead of IPO, Hero FinCorp writes off bad loans worth around Rs 1,200 crore

Hero FinCorp recorded a 25 percent rise in AUM in the first nine months of FY24, which grew to Rs 49,127 crore, while disbursals rose 26 percent to Rs 24,979 crore

India , Abhimanyu-munjal , Value-fund , Credit-suisse , Hero-honda-finlease-ltd , Hero-fincorp-group , Hero-fincorp , Abhimanyu-munjal-led-hero-fincorp , Hero-motocorp , Bofa-securities , Apollo-global-management , Global-management

Auto stocks lead the rally on expectations of strong quarter numbers

Most OEMs are expected to report a sequential EBITDA margin expansion led by improving product mix and operating leverage

Maruti-suzuki , Anand-rathi , Prabhudas-lilladher , Manish-raj , Eicher-motors , Federation-of-automobile-dealers-associations , Nifty-auto , Automobile-dealers-associations , Institutional-equities , Eicher-motor , Bajaj-auto , Hero-motocorp

Ather E2W Sales: Small towns make it big for Ather's E2W sales, ET Auto

Ather E2W Sales: Started in 2013, Ather Energy, the fourth largest electric two-wheeler maker, has sold 2.3 lakh units cumulatively. The company sold more e-scooters in Tier 2 and 3 cities than in the metros and Tier 1 cities put together.

Madhya-pradesh , India , Tarun-mehta , Ravneet-phokela , Swapnil-jain , Ather-energy , Honda-activa , Hero-motocorp , Ather-e2w-sales , Ther-energy , Arun-mehta , Arun-mehta-ather

Hero Moto Tax Notice: Hero MotoCorp gets tax and interest notice from I-T Dept totalling INR 605 cr for six AYs, ET Auto

Hero Moto Tax Notice: Hero MotoCorp faces a tax demand notice of INR 308.65 crore plus interest from the Income Tax Department for six assessment years. The company plans to appeal against the orders, stating the demand is unsustainable. Despite this, its total sales rose 5.5% in FY24, with motorcycle and scooter sales showing growth.

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Domestic car sales in last financial year grew by nearly 9% to a record 4.23 mn units, ET Auto

Domestic Car Sales: Car sales in India soared by 9% to 4.23 million units last fiscal, driven by SUV demand. Maruti Suzuki, Hyundai Motor India, Tata Motors, Mahindra & Mahindra, Toyota Kirloskar Motor, and MG Motor India all reported significant sales growth across various segments. Around 370,000 cars, sedans and utility vehicles were sold last month, compared to 336,000 units in the year-ago period, making it the 15th consecutive month that PV sales have breached previous monthly records.

India , Japan , Japanese , Girish-wagh , Mahindra , Tarun-garg , Shailesh-chandra , Maruti-suzuki , Shashank-srivastava , Sabari-manohar , Tata-motors , Ashok-leyland