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Hyundai profit up 14% on increase in exports

The New Indian Express Hubballi

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October 31, 2025

SUPPORTED by strong exports and cost-reduction efforts, Hyundai Motor India (HMIL) on Thursday reported a 14.3% year-on-year rise in consolidated net profit to ₹1,572 crore for the Q2FY26. Revenue during the quarter grew 1.16% year-on-year to ₹17,460.82 crore.

- ARSHAD KHAN @ New Delhi

Hyundai profit up 14% on increase in exports

The Korean automaker's profit growth came despite domestic sales pressures, which fell 6.8% YoY to 139,521 units in Q2. Exports surged 21.5% to 51,400 units, helping offset the domestic slowdown. HMIL said export margins are higher than domestic sales, which contributed to sustai

MEER VERHALEN VAN The New Indian Express Hubballi

The New Indian Express Hubballi

MEIL buys 250-mw TN power unit

MEIL Energy, a wholly-owned subsidiary of Megha Engineering & Infrastructures, has acquired 100% stake in Taqa Neyveli Power Company from Abu Dhabi National Energy Company, for reported 387 million dirhams, or about ₹926 crore.

time to read

1 min

October 31, 2025

The New Indian Express Hubballi

Why should I get abuse alone, bemoans Gadkari

“WHY should I get the abuse alone” for the poor state of roads, Union Minister for Road Transport and Highways Nitin Gadkari asked on Thursday, stressing that the purpose of installing QR-coded signboards with the names and contact details of contractors, officials, and engineers on national highways is to let users know who is specifically responsible for their condition.

time to read

1 min

October 31, 2025

The New Indian Express Hubballi

ICAR rejects ‘motivated, baseless’ charges over genome-edited rice

THE Indian Council of Agricultural Research (ICAR) has dismissed allegations made by independent researchers that scientific evidence contradicts ICAR’s assertions about a major increase in rice production following the introduction of two gene-edited rice varieties earlier this year.

time to read

1 min

October 31, 2025

The New Indian Express Hubballi

ChatGPT's payment portal: The new e-commerce battleground?

A few weeks ago, OpenAI launched an inbuilt payment portal within ChatGPT that allows instant checkout. This means users can now make purchases straight from conversations. In addition to its upcoming partnership plans with Shopify, OpenAI has partnered with Stripe and Etsy.

time to read

3 mins

October 31, 2025

The New Indian Express Hubballi

Canada will release stamp to honour service of Sikh soldiers in armed forces

‘THE Canadian government will release a commemorative stamp on Sunday during the 18th Annual Sikh Remembrance Day to honour over 100 years of service by Sikh soldiers in the Canadian armed forces.

time to read

1 mins

October 31, 2025

The New Indian Express Hubballi

India's singles bid ends, holder Linda stunned

WITH Sahaja Yamalapalli and Shrivalli Bhamidipaty bowing out in the Round of 16, the Indian challenge in the singles category of the Chennai Open ended on Thursday.

time to read

1 mins

October 31, 2025

The New Indian Express Hubballi

Bihar won't forgive insult to 'Chhathi Maiyya', says Modi

A day after Congress leader Rahul Gandhi launched an all-out attack on Prime Ninister Narendra Modi, the latter lit into him and the Opposition’s chief ministerial face Tejashwi Yaday, in two back-to-back rallies in Bihar’s Chapra and Motipur on Thursday.

time to read

1 min

October 31, 2025

The New Indian Express Hubballi

Kotian, Suthar strikes help India A limit SA A

SOUTH Africa A resisted through a century-stand between Jordan Hermann and Zubayr Hamza, but India A spinners, led by Tanush Kotian, plucked wickets at regular intervals to keep the visitors to 299 for nine on the first day of the opening four-day match here on Thursday.

time to read

1 min

October 31, 2025

The New Indian Express Hubballi

Trump-Xi

TALKS SUCCESSFUL, 10% TARIFF DOWN. TIME FOR INDIA TO WRAP UP ITS PACT

time to read

1 min

October 31, 2025

The New Indian Express Hubballi

Swiggy losses swell, to raise ₹10k cr via QIP

FOODTECH firm Swiggy announced on Thursday that it will consider raising ₹10,000 crore in the board meeting of November 7 through a qualified institutional placement (QIP).

time to read

1 min

October 31, 2025

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