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PV makers to see cumulative earning loss of Rs 2,000 crore in FY22: Icra

 Passenger Vehicle makers are likely to see their cumulative earnings at an operating level erode by Rs 1,800-2,000 crore in the year ending March 2022 on account of the shortage of semiconductors,......

EVs to drive auto capex up by Rs 70,630 crore in 5 years

 Automobile manufacturers, new and old, as well as ancillary suppliers are set to spend a combined Rs 70,630 crore over the next five years on either entering the electric vehicle segment or......

After record sales in FY23, auto companies expect demand to mute

 'In FY23, PV sales are expected to end the year at a record 3.8 million units, up 26 per cent. In FY24, however, the industry is expecting 5-7 per cent volume growth' Kindly note the image has......

Passenger vehicle industry to grow at lower 8-11% in FY22

 Ratings agency ICRA on Wednesday revised downwards growth forecast for the domestic passenger vehicles industry to 8-11 per cent in the ongoing fiscal from the earlier estimate of 14-17 per cent on......

India Inc revenue growth hits six-quarter low in Q4: Report

 According to the Icra report, earnings before interest, tax, depreciation and amortisation margin of its sample declined by 44 basis points on a YoY basis and 23 basis points on a......

49 Indian athletes for Asian Championship

 The Athletics Federation of India will field a 49-member squad at the 16th Asian Athletics Championship to be held at Incheon, South Korea from September 1 to 4.The Indian team consisting of 27 men......

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