Earthquake hits Tibet again: Magnitude 5.3 this time at a depth of 35 km; Nepal feels tremor
A magnitude 5.3 earthquake struck Tibet on 8 September at a depth of 35 km (21.75 miles), according to the European-Mediterranean Seismological Centre (EMSC). Reuters reported the development. The development…
FORVIA to invest ₹2,000 crore in India, targets €1-billion business by 2030
Global automotive technology supplier FORVIA, which generated €26.15 billion in revenue in 2025, plans to invest around €200 million (about ₹2,000 crore) in India through 2030 as it seeks to…
Sona Comstar unveils 2.0 vision with ₹600 crore investment push
Sona Comstar will invest ₹500–600 crore this financial year to expand manufacturing capacity and develop new products after building a ₹24,000-crore net order book, equivalent to 5.4 times FY26 revenue,…
Leadership Q&A. Why global automotive suppliers can no longer manage India from Europe
FORVIA Chief Executive Officer Martin Fischer speaks to businessline about the shift from centralised decision-making to local product ownership, why “local for local” is redefining automotive supply chains, how software…
Maruti Suzuki eyes 9 lakh units of CNG vehicle sales this fiscal
Car maker leader Maruti Suzuki India is aiming to sell around 9 lakh CNG vehicles, a nearly 30 per cent increase in the ongoing fiscal, with demand for such automobiles…
Costa Coffee store count shrinks by 22 to 198 in India in FY26, revenue up 7%
British coffee chain brand Costa Coffee's store count in India shrunk to 198 outlets in FY26 from 220 a year ago, marking a first decline in over five years in…
Prudent Corporate Advisory Services net profit up 44% on higher inflows
Prudent Corporate Advisory Services, an independent retail wealth management services group and leading distributor of financial products, has reported that its net profit in the June quarter was up 44…
PhonePe FY26 revenue rises 11% to ₹7,920 crore; net loss widens 62% ahead of IPO
IPO-bound PhonePe consolidated net loss widened 62 per cent to ₹2,792 crore in FY26 from ₹1,727 crore in the previous year even as consolidated revenue rose by 11 per cent…
Government has to work on right regulations for V2X technology: Carmakers
Carmakers such as Mercedes-Benz India and JSW MG Motor India have said that the government has to work on the right regulations for technologies like vehicle-to-anything (V2X) to enable original…
The Bear House targets ₹500 crore revenue in FY27, doubles down on offline expansion
Menswear brand The Bear House is targeting nearly ₹500 crore in revenue in FY27, up from ₹270 crore in the previous fiscal, as it accelerates the expansion of its exclusive…
