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Auto wholesale growth to normalise at 3–6% in FY27 after strong H2 recovery: Report

Domestic passenger vehicle (PV) volumes are estimated to grow 4–6 per cent year-on-year in 2026–27, supported by sustained demand momentum.Srikumar Krishnamurthy, senior vice president & co-group head – corporate ratings at ICRA, said, “The current fiscal has unfolded as a tale of two halves for the Indian automotive industry, with the first half witnessing subdued…

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it sector selloff

‘Opportunity in disguise’: IT stocks meltdown on AI scare overdone? ‘Every time there’s been a tech shift…’

Indian IT sector stocks have been bleeding for the last few days, facing a massive selloff on increasing fears that artificial intelligence (AI) tools and models will hit the basic revenue model of the technology sector. The index tracking Indian IT sector stocks such as Tata Consultancy Services Ltd. and Infosys Ltd. has lost a…

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vande bharat chair car

Vande Bharat Fare: ‘Much lower than Japan, China’: Fares of Vande Bharat chair car Rs 2.19 per kilometre; global range at Rs 7-20 | Infrastructure News

Vande Bharat chair car is an all air-conditioned service that was first introduced in 2019. How do the fares of Vande Bharat chair car trains compare to similar trains around the world? According to Railway Minister Ashwini Vaishnaw, the ticket prices for the Vande Bharat chair car are much lower than such trains operating in…

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mg motors india et tamil

MG Motor charts Rs 4,000 crore India charge

CHENNAI: JSW MG Motor India, the joint venture between JSW Group and China’s SAIC Motor, is gearing up for a decisive expansion in India with a planned investment of Rs 3,000 to Rs 4,000 crore and an aggressive product offensive lined up for 2026. The country’s second-largest electric car maker by volume is sharpening its…

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nifty sensex open positive amid supportive global cues and fpi inflows psu banks pharma stocks lead

RIL, banks lift Sensex even as FPIs sell

MUMBAI: Strong buying in a host of bank stocks and Reliance Industries lifted the Sensex by 650 points on Monday to close at 83,277 points. However, nearly a Rs 1,000-crore net selling by foreign funds raised doubts about the sustainability of the rally. IT stocks had been under pressure over the past few sessions amid…

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