Improved consumer sentiment, driven by GST 2.0 reforms, discounts, Original Equipment Manufacturers (OEM) offerings, and financing schemes, led to decent sales by Indian auto makers in October. Maruti Suzuki India, reported a double-digit increase in domestic wholesales to 1,76,318 units in October, compared with 1,59,591 units in the corresponding month last year. Mahindra & Mahindra reported domestic wholesales of 71,624 units, a 31 per cent year-on-year increase from 54,504 units in the same month last year. Tata Motors reported a 27 per cent year-on-year growth to 61,134 units in the domestic market in October, as compared with 48,141 units in October 2024, owing to record electric vehicle wholesales. The company saw a 73 per cent year-on-year increase in electric vehicle wholesales at 9,286 units. Hyundai Motor India Ltd on Saturday reported a total sales at 69,894 units in October 2025. October 2025 sales included domestic sales of 53,792 units and exports of 16,102 units, Hyundai Motor India Ltd (HMIL) said in a statement. TVS Motor Company clocked total sales of 5.43 lakh units, beating estimates of 5.39 lakh. This represented an 11 per cent y-o-y increase from 4.89 lakh units. Farm and construction equipment firm Escorts Kubota Ltd on Saturday reported a 3.8 per cent rise in total tractor sales at 18,798 units in October 2025 as compared to the same month last year.
IndusInd International Holdings Ltd, the promoter of , and Invesco Ltd, have completed the formation of their asset management joint venture following IIHL’s acquisition of a 60% ownership stake in Invesco Asset Management India (“IAMI”) following all regulatory approvals and closing conditions. With Invesco retaining the balance 40% stake, both IIHL and Invesco will hold joint sponsor status under the regulatory framework.
has informed the exchanges that it has received a tax notice for ₹1,986.25 crore. The Indian arm of the UK-based company said the Income Tax Department had disputed the valuation of certain related-party transactions and raised questions about some of its depreciation claims for tax purposes. The company, which owns popular brands such as Rin, Surf Excel, Lux and Horlicks, has also indicated plans to appeal against the order which pertains to FY 2020-21.
In a major stride toward advancing India’s maritime and dredging capabilities, and ) have entered into a strategic collaboration through the signing of three Memoranda of Understanding (MoUs) worth approximately ₹350 crore during India Maritime Week 2025. The MoU is for supply of indigenous spares for DCIL dredgers, design and construction of five inland cutter suction dredgers and supply of cable dredgers, long-reach excavators, and customised dredging solutions aimed at supporting reservoir de-siltation and inland waterway development.
has announced the successful execution of the first phase of the Kaiga Generating Station Power Plant, one of India’s most prestigious and technically demanding infrastructure projects. The company’s Made-in-India waterproofing membranes, designed and manufactured in-house, have been successfully laid on the plant’s foundation and have surpassed all performance benchmarks under rigorous testing and validation by certified laboratories in India.
has received the Contract for Procurement of various equipment for the P75 Project from Material Organisation (Indian Navy) totalling to approx. Rs.10.95 crore (Including Tax).
(TRSL) has secured a Rs 2,481-crore contract from the Mumbai Metropolitan Region Development Authority (MMRDA) for the design, manufacture, supply and commissioning of 132 metro coaches and associated systems for Mumbai Metro Line 5. The contract also includes signalling for 24.9-km of track, telecommunication systems across 16 stations, platform screen doors, depot machinery and five years of comprehensive maintenance, a statement said.
has received a Letter of Acceptance from Rajasthan Council of School Education service amounting to ₹32,43,16,000 (Including Tax).
A Joint Development Agreement (JDA) was executed for development of the land belonging to the Menons and , being the Respondents and Claimant respectively, before the Supreme Court of India. The company duly completed the commercial building as Menon Eternity, whereby, as agreed in the JDA, 50 per cent of the built-up area of the entire building together with car parks devolved on Lancor represented by all the areas in 2nd floor, 3rd floor, 4th floor, 5th floor and 50 per cent area in the 10th Floor (Northern Wing) of the building. The remaining areas in the building being 6th floor, 7th floor, 8th floor and 9th floor and 50% of the 10th Floor (Southern Wing) devolved on the Respondents. Based on the company’s internal assessment and reference to prevailing market information, the indicative current market value of the said property is expected to be around ₹190 crore. This assessment is subject to market conditions and independent valuation, if undertaken.
(Zaggle) has entered into an agreement with Hitachi Cash Management Services. To provide Zaggle Propel to Hitachi Cash Management Services. The agreement is for the period of 3 years.
Rajeev Yadav, Deputy CEO of (AUSFB), has resigned to pursue other opportunities. His last working day will be October 31, 2025, the bank informed the exchanges. Yadav served in the position for 18 months.
launched its latest managed property, Lemon Tree Hotel, Motihari, Bihar, on October 31, 2025. This launch marks another step in the brand’s expansion across Eastern India and further reinforces its presence in Bihar, where it has one operational property.