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Midday market: Nifty tests support as metals shine, auto and IT lag
Business

Midday market: Nifty tests support as metals shine, auto and IT lag

Equity benchmarks extended their morning losses during midday trading on Friday, with the BSE Sensex falling 320.84 points or 0.42 per cent to 75,415.12 at

Broker’s call: Lumax Auto Tech (Buy)
Business

Broker’s call: Lumax Auto Tech (Buy)

Target: ₹857 CMP: ₹556.95 Lumax Auto Technologies’ (LATL) consolidated revenue/EBITDA/PAT grew 24/11/25 per cent y-o-y to ₹906 crore/₹118 crore/₹45 crore respectively in Q3-FY25. Revenue growth

Uber introduces zero-commission model for auto drivers
Business

Uber introduces zero-commission model for auto drivers

Ride-hailing platform Uber has rolled out a subscription-based model for auto drivers. This comes after its peers Namma Yatri and Rapido have also moved to

Pritika Auto reports 14% revenue growth in Q3, announces rights issue 
Business

Pritika Auto reports 14% revenue growth in Q3, announces rights issue 

Pritika Auto Industries Ltd, a major tractor components manufacturer, reported a 13.86 per cent year-on-year increase in net revenue to ₹80.65 crore for the third

Auto Sector Q3 Results Review: Growth slows, profits hit; PVs lead, 2Ws struggle; Maruti, M&M, Hyundai top picks
Stock Market

Auto Sector Q3 Results Review: Growth slows, profits hit; PVs lead, 2Ws struggle; Maruti, M&M, Hyundai top picks

The Indian auto sector witnessed a mixed performance in Q3FY25, with domestic volumes growing at a modest 3% year-on-year (YoY), excluding tractors. While festive season

IIT Madras incubated ePlane and ICATT sign MoU for 788 air-ambulances valued at over  billion
Business

IIT Madras incubated ePlane and ICATT sign MoU for 788 air-ambulances valued at over $1 billion

International Critical-care Air Transfer Team (ICATT), which provides air ambulance services in India, will procure 788 air ambulances from ePlane, which was incubated in IIT

Setco Auto posts 9.6% revenue growth in first nine months of FY25 
Business

Setco Auto posts 9.6% revenue growth in first nine months of FY25 

Setco Automotive Limited, one of India’s largest manufacturers of MHCV clutches, reported consolidated revenue of ₹499.8 crore for the nine months ended December 31, 2024,