US has introduced new regulations requiring airlines to offer automatic refunds for flight changes. These rules standardize refund policies, aim to save travelers money, and ensure transparent communication of extra fees, protecting passengers' rights.

So, I think there are a multitude of global factors which are driving the up and down of the cell cost. So, it is very-very difficult to predict. In addition to that, you also have alternate technologies like sodium or hydrogen cells which are on the horizon when you take a period like five-six years, they would probably be getting commercialized in that time horizon.

The Nifty Auto index was trading 0.23 per cent up at 21963.75.

Senior government officials told ET eight automakers and parts suppliers--Mahindra & Mahindra, Tata Motors, Bajaj Auto, Ola Electric, Toyota Kirloskar Auto Parts, TVS Motor Company, Sona BLW Precision Forgings, Delphi TVS Technologies have invested and got approval under the PLI scheme.

The Mahindra Bolero Neo received a one-star rating for both child and adult safety in the Global NCAP tests, highlighting its performance in occupant safety. The SUV lacks key safety features, unlike other Mahindra models with higher safety ratings.

The Nifty Auto index closed 0.47 per cent up at 21914.3.

Clearly, there are a couple of sectors which are likely to exhibit better earnings growth compared to the market average earnings growth even going forward, that has been the case for financial year 2024.

Pavna Industries partnered with OLA Electric for auto components supply in the domestic EV sector, emphasizing entry into the two-wheeler electric vehicle segment. Shares of Pavna Group closed at Rs 561.40 on BSE.

The Nifty Auto index closed 0.94 per cent up at 21812.7.

The Nifty Auto index was trading 0.62 per cent up at 21743.7.

Strong volume growth in automobiles, premiumisation, export opportunities and operating leverage benefits will drive the performance of auto ancillary stocks.

Indian cricket legend Mahendra Singh Dhoni has been appointed as the brand ambassador for French carmaker Citroen in India, as per sources. The move aims to boost brand recognition for the Stellantis Group company in the competitive Indian market. Dhoni is set to represent the brand for two years, with an annual fee of Rs 7 crore, as revealed by the sources.

Tesla Inc. has reduced vehicle prices in China amidst stiff competition. Tesla had earlier introduced incentives in China to attract consumers, countering competition from BYD. Musk meanwhile deferred his India visit, which was aimed to tap into a new market amid declining sales and stock prices.

Software services exporter Infosys forecast annual revenue below expectations on Thursday as global macroeconomic uncertainty pressures client spending on discretionary projects. Revenue for Q4 grew just 1%, while profit was up 30%.

The Nifty Auto index closed 0.84 per cent down at 21520.75.

Bajaj Auto Q4 Results: The company had reported Rs 1,432.88 crore net profit in the year-ago period. The standalone revenue for the reported quarter stood at Rs 11,484.68 crore, up 30% from Rs 8,904.72 crore reported in the corresponding period of the last financial year.

Talbros Automotive Components announced securing a significant multi-year contract worth approximately Rs 1,000 crore from a European OEM for its joint venture firm, Marelli Talbros Chassis Systems (MTCS). The contract spans eight years, starting from the fourth quarter of this fiscal year. It involves supplying suspension arms for both traditional internal combustion engine vehicles and modern electric vehicle platforms.

Talbros Automotive Components' shares surged 5% after securing a multi-year contract worth around Rs 1,000 crore from a major European OEM through its joint venture.

Angel One's fourth-quarter profit rose 27% as trading activity helped more than make up for its higher spending amid heated competition for clients.

Carmakers in India are offering discounts and freebies to attract new buyers and clear record inventory levels. Dealership stock reached an all-time high of 310,000 vehicles at the start of the financial year, leading companies to push sales by expanding into smaller towns and cities. This could be the first price war since the easing of the pandemic.

Take-Two Interactive Software plans to cut 5% of its workforce, around 600 employees, and cancel projects to achieve $165 million in annual savings. The company's shares rose by 1%, aligning with industry trends.

Bajaj Auto anticipates a 29% YoY jump in PAT to Rs 1,606 crore for Q4FY24, driven by higher sales volume, richer product mix, and commodity tailwinds. Revenue expected to grow by 24% YoY.

Exide and Amara Raja stocks soared due to increasing EV demand. Analysts foresee bright prospects for Exide with Hyundai and KIA partnership, government aid, and EV market growth. The companies are set to capitalize on the rising trend.

The Nifty Auto index closed 0.78 per cent down at 21680.3.

The Nifty Auto index was trading 0.66 per cent down at 21707.85.

The Nifty Auto index closed 0.61 per cent down at 21851.3.

The Nifty Auto index was trading 0.01 per cent down at 21982.0.

Entering the new financial year, people might be more optimistic about equities as they had a good last year. For someone with a higher tolerance level, the ideal strategy would be to focus on multi-asset allocation funds.

Explore our comprehensive guide to the top 10 smart switches under 1000 rupees, offering convenience and efficiency for your home automation needs. From voice control compatibility to scheduling features, these budget-friendly options provide seamless integration into your smart home setup. Upgrade your home with affordable yet reliable smart switches without compromising on quality or functionality.

Q4 auto sector is poised for revenue growth of 15% with EBITDA expected to rise by 28%. Brokerages foresee flat margins for some OEMs. Positive 2W demand trends noted. Top picks include TVS and Tata Motors.

The Nifty Auto index closed 0.31 per cent down at 21999.35.

Five people have been booked after condoms, gutkas and stones were allegedly found in samosas supplied to a major automobile company based in Pimpari Chinchwad in Pune, police said on Monday.

Automatic EPF account transfer: Employees Provident Fund (EPF) members can now automatically transfer their provident fund accounts from their old employer to new employer. However, this facility is available to certain EPF members only satisfying certain conditions. Read on to know to whom automatic EPF account transfer facility is available and how it works.

The Nifty Auto index was trading 0.2 per cent down at 22023.7.

Handpicked by Tata Sons chairman N Chandrasekaran from their insurance arm, Tata AIA Life, Naveen Tahiliyani is fostering a collaborative spirit at Tata Digital and encouraging participation from other group companies, officials told ET. Meanwhile, Chandrasekaran is keeping a close eye on his progress.

Adopting Namma Yatri, Rapido model may help platforms bypass 5% GST on auto rides. Ola has released its subscription model over the last few weeks for its auto drivers in select markets. Uber has also launched the same in six markets.

Maruti Suzuki, Mahindra & Mahindra and Eicher Motor gained around 3% each, hitting new highs during the trading session. Battery maker Exide soared 16.8% to new record levels. TVS Motor rose 3.2%.

The Nifty Auto index closed 2.16 per cent up at 22067.95.

The Nifty Auto index was trading 1.45 per cent up at 21913.55.

Auto retail in March saw a 3.14% YoY growth, despite declines in passenger vehicles, commercial vehicles, and tractors. E-2W sales surged after FAME-II subsidy expiration, reaching 9.12% market share. Lok Sabha elections impacted PV, CV, and tractor sales. FY24 witnessed 10% growth with optimistic outlook for FY25, despite urban consumer sentiment decline.

Discover the best smart switches under 3000 rupees offering seamless home automation. Control lights, fans, and more with ease using these top-rated devices. Enjoy scheduling routines, enhancing security, and conserving energy effortlessly. With intuitive controls and compatibility with existing devices, these smart switches bring convenience and efficiency to your fingertips. Upgrade your home today with affordable solutions for a smarter living space.

The Nifty Auto index closed 0.24 per cent down at 21600.9.

The Nifty Auto index closed 0.45 per cent up at 21651.85.

Are you looking for a washing machine cover? If so, then continue reading this article where we have curated a list of the best top load automatic washing machine covers for 8 kg in India. All of these options are made from high quality fabric and are readily available on Amazon. Place your order using the buying links shared in this article.

LNG trucks are called long-haul vehicles, as they have a driving range of 600-1,000 km in a single fuel fill, giving them an edge over other fuels. By 2030, India could see 50,000 trucks serviced through 400 LNG retail stations, according to Emkay Research. India has around 4 million trucks operating, of which 1 to 1.5 million would be diesel-run trucks. Emkay Research says 3-5% of this can be converted to/replaced by LNG by CY30, which implies 50,000 trucks.

Governance, risk and compliance (GRC) platform Scrut Automation said it will use the funds to strengthen its platform capabilities, incorporate generative AI use cases to reduce the manual effort for risk and compliance teams, and for expansion to North American and European markets.