Maruti to roll out first EV next fiscal, five more by FY30

Maruti will launch its first electric vehicle (EV) in the next financial year (FY24), and will roll out six EVs in the country by FY30, the automaker’s parent firm Suzuki said on Thursday.......

Steel recycle mandate for automakers on the anvil

The environment ministry is likely to soon issue regulations that will mandate automakers to recycle a specified percentage of steel from old vehicles, starting from the next financial year,......

Correction in steel stocks could be a buying opportunity

India’s steel market is out of step with global trends. Photograph: Wolfgang Rattay/Reuters Global demand is weak with China at a huge supply surplus to its domestic demand, pushing down......

Strong prospects, valuations to drive gains for hotel stocks

The hospitality industry has around 212,000 rooms, with an industry size of about Rs 82,000 crore. Photograph: Jason Lee/Reuters The industry could grow at an annual rate of 10.5 per cent for the......