Pidilite sees double-digit volume growth in FY27 despite volatile commodity prices: MD Sudhanshu Vats

Pidilite Industries expects double-digit volume growth in FY27 and stable earnings. The company implemented price increases to offset rising raw material costs. Demand remains robust across urban and rural markets, according to the managing director. Pidilite is diversifying its supply chain to mitigate geopolitical disruptions effectively. The company maintains its EBITDA margin guidance band of…

Auto industry total retail sales up 26 pc at 25,91,138 units in July, says FADA

Total automobile retail sales in India grew by over twenty-five percent year-on-year in July. Passenger vehicle sales increased nineteen percent, while two-wheeler sales saw a significant rise. Three-wheeler and commercial vehicle sales also posted healthy growth figures for the month. Alternative fuels are now nearing petrol’s share in the passenger vehicle market. Dealer confidence remains…

Coal India enters iron ore mining after Odisha block win

Coal India secured the Gadadharpur iron ore block in Odisha. This acquisition marks the state-run miner’s entry into iron ore mining. India’s iron ore production is projected to increase significantly by 2026-27. Odisha’s rising output will support planned steel capacity additions. This will also bolster infrastructure and construction demand across the nation.