Versuchen GOLD - Frei

Festive demand, tax cut power India's auto sales in September

Mint Hyderabad

|

October 02, 2025

keting head Partho Banerjee said.

Festive demand, tax cut power India's auto sales in September

Tata Motors MD and CEO Shailesh Chandrasaid the GST cut and festive season together helped the carmaker beat both Hyundai and Mahindra to rise to become the second largest carmaker this year. All three have been locked in an intense competition for the second position.

“Across our portfolio, customer interest remained exceptionally strong with new bookings doubling in the latter half of September following the lowering of GST rates,” Chandra said on the sales performance of the company, which saw sales grow by 45% to 59,667 units.

Mahindra and Mahindra also sawa 10% surge in sales to 56,233 units during September. However, it flagged the logistics issue as a key concern.

WEITERE GESCHICHTEN VON Mint Hyderabad

Mint Hyderabad

Quality fears to spur premium dairy boom in cities

March, while Akshayakalpa is said to be in talks to raise ₹350 crore from Temasek's ABC Impact and others.

time to read

1 mins

December 18, 2025

Mint Hyderabad

Coverage challenge

Can India's insurance sector help mobilize more long-term capital? How much of a differ- ence will the Centre's proposal of raising its foreign direct investment (FDI) cap to 100% from 74% make?

time to read

1 min

December 18, 2025

Mint Hyderabad

Mint Hyderabad

TCS lifts curtain to peg yearly revenue from Al at $1.5 bn

In a first for homegrown IT services companies, Tata Consultancy Services Ltd (TCS) has said it earns $11 billion from disruptive technologies, including $1.5 billion from AI.

time to read

1 min

December 18, 2025

Mint Hyderabad

India summons B'desh envoy over security concerns in Dhaka

India on Wednesday summoned Bangladesh envoy Riaz Hamidullah and lodged its protest over plans by certain extremist elements to create a security situation around the Indian mission in Dhaka.

time to read

1 min

December 18, 2025

Mint Hyderabad

Mint Hyderabad

'Rising MF firepower softens impact of FII outflows'

There was a time when heavy foreign investor selling could rattle Indian equity markets.

time to read

2 mins

December 18, 2025

Mint Hyderabad

Should you invest yourself or let professionals do the job for you?

Ask whether your performance as a fund manager is superior on the basis of an objective assessment

time to read

4 mins

December 18, 2025

Mint Hyderabad

IOB OFS opens for subscription

The Indian Overseas Bank's (IOB's) Offer-for-Sale (OFS) opened on Wednesday for non-retail investors at a floor price of ₹34 per share.

time to read

1 min

December 18, 2025

Mint Hyderabad

Let ‘digital collateral’ for loans drive credit inclusion

India's economy grew at a faster-than-expected 8.2% in the last quarter, driven by manufacturing and services as well as a recovery in private consumption.

time to read

3 mins

December 18, 2025

Mint Hyderabad

NCLT permits rejig at Flipkart

NCLT has approved merger of eight Flipkart entities, taking it closer to an IPO.

time to read

1 min

December 18, 2025

Mint Hyderabad

Mint Hyderabad

Mizuho buys majority stake in Avendus for $523 million

Japanese bank to pick up 61.6-78.3% of Avendus shares, making it a consolidated subsidiary

time to read

2 mins

December 18, 2025

Listen

Translate

Share

-
+

Change font size