India’s flights may stay expensive even as fuel gets cheaper: S&P

Asia-Pacific airlines may maintain higher airfares as passenger demand remains strong. This strategy allows carriers to recover elevated operating costs and bolster financial buffers. Jet fuel prices surged earlier but have since eased, though volatility persists. Airlines expect margins to improve from the fourth quarter with seasonal demand increases. Growing middle classes and economic growth…

Bikaji Foods sells 30% stake in baked foods subsidiary to Bakemart founder

Bikaji Foods International announced selling a thirty percent stake in its subsidiary. This significant stake was acquired by industry veteran Thayekunni Khaleel. Bikaji Bakes Private Limited is no longer a wholly owned subsidiary of Bikaji Foods. Bikaji Foods International retains the remaining seventy percent ownership of the subsidiary. The company’s shares saw a notable increase…

South India region outperforms the north across all auto segments in 1QFY27: Report

South India showed stronger automotive demand across all segments in Q1FY27. Passenger vehicle volumes grew twenty-five percent year-on-year, with southern regions leading. Two-wheeler sales also expanded twenty percent, boosted by GST reductions and electrification. Commercial vehicle segments experienced fourteen to twenty-one percent volume growth. The scooter mix within two-wheelers continued its accelerated structural shift.

JSW MG Motor launches Hector Tomahawk EV, PHEV: Check price, range, features

JSW MG Motor India has launched the Hector Tomahawk in electric and plug-in hybrid versions. These new models are available under a Battery-as-a-Service pricing structure. The electric variant offers a substantial range and supports fast charging capabilities. The plug-in hybrid combines petrol power with significant electric-only driving range. Deliveries for the electric model will commence…

L&T partners with French firm to market specialised road construction equipment in India

Larsen & Toubro has joined forces with FAYAT Road Equipment to promote BOMAG machinery within India. This partnership not only expands the product offerings for road construction but also includes essential after-sales services and spare part provisions. The infusion of BOMAG’s cutting-edge technology is set to align seamlessly with L&T’s overarching goal of boosting infrastructure…