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

Mint Ahmedabad

|

October 02, 2025

keting head Partho Banerjee said.

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

NA

(NA)

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.

MÁS HISTORIAS DE Mint Ahmedabad

Mint Ahmedabad

BHP renews bid for Anglo American takeover

Mining company BHP Group has made a renewed takeover approach to rival Anglo American, a person familiar with the matter said on Sunday, just months after the London-listed miner agreed merger plans with Canada’s Teck Resources to create a global copper-focused heavyweight.

time to read

1 min

November 24, 2025

Mint Ahmedabad

'Lakshmi Mittal quits UK ahead of likely tax on super-rich'

Indian-origin steel magnate Lakshmi N Mittal, until now based in Britain and aregular on the country’s richest billionaires tally, has decided to quit the UK as the Labour Party-led government's feared tax shakeup for the super-rich nears, according to a UK media report on Sunday.

time to read

1 mins

November 24, 2025

Mint Ahmedabad

Filings allege Meta hid causal proof of social media harm

Meta shut down internal research into the mental health effects of Facebook and Instagram after finding causal evidence that its products harmed users' mental health, according to unredacted filings in a class action by U.S. school districts against Meta and other social media platforms.

time to read

1 mins

November 24, 2025

Mint Ahmedabad

Will realty keep the pre-sale pace?

Listed realty firms are banking on new launches to drive pre-sales in H2FY26.

time to read

2 mins

November 24, 2025

Mint Ahmedabad

INDIA’S TERROR THREAT SHIFTS CLOSER HOME

ife, once in a while, throws up events that brutalise your consciousness and traumatise you for the rest of your life. The terror attacks in Mumbai on 26 November 2008, and in Pahalgam and Delhi this year top such chilling incidents.

time to read

3 mins

November 24, 2025

Mint Ahmedabad

Mint Ahmedabad

Fluence Energy eyes global manufacturing base in India

The US-based firm is diversifying its supply chain amid geopolitical and pandemic-era risks

time to read

2 mins

November 24, 2025

Mint Ahmedabad

Mint Ahmedabad

US's GameChange looks to set up India manufacturing plant

GameChange Solar, a global solar tracker manufacturer, is looking to double its revenues from India over the next few years as strong order flow from Indian corporates boosts its pipeline, Andrew Worden, founder and CEO of the US-based firm, said in an interview with Mint.

time to read

1 mins

November 24, 2025

Mint Ahmedabad

Australia PM says formal deal reached for Turkey to host COP31

Australian Prime Minister Anthony Albanese said on Sunday a formal agreement had been reached for Turkey to host the COP31 climate summit in 2026, confirming a document released at the COP30 summit in Brazil.

time to read

1 min

November 24, 2025

Mint Ahmedabad

OYO Assets gets 125 cr fresh funds

OYO parent PRISM-backed OYO Assets has raised ₹125 crore in a fresh funding round from a clutch of institutional and private investors led by InCred, people aware of the development said.

time to read

1 min

November 24, 2025

Mint Ahmedabad

Mint Ahmedabad

Rupee may decline further as RBI has little elbow space

The local currency market is bracing for more weakness in the coming weeks, after the rupee sharply slid to a record low of 89.41 against the US dollar within the last hour of trade on Friday.

time to read

1 min

November 24, 2025

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