AUTO
India Can Become World’s Largest Auto Industry, Says Nitin Gadkari
India has the potential to become the largest automobile industry in the world by leveraging quality, innovation, research and competitive pricing, Union Minister for Road Transport & Highways Nitin Gadkari said. Speaking as the chief guest at the 66th Annual Convention of the Society of Indian Automobile Manufacturers (SIAM), Gadkari said the automobile sector would […]
CW Bureau
·
Sep 3, 2026
AUTO
K M Balaji Elevated To Ashok Leyland Board As New Whole-Time Director
The board of directors of commercial vehicle major Ashok Leyland has appointed K M Balaji as Whole-Time Director for a period of two years with effect from May 28, 2026. Balaji currently serves as the President, Finance & Chief Financial Officer of the company and brings with him more than three decades of experience within […]
CW Bureau
·
May 28, 2026
AUTO
MRF Q4 Profit Rises 38%; Crosses Rs 30,000-Cr Sales Milestone In FY26
MRF reported a strong performance for the March quarter of FY26, with consolidated net profit rising 37.6% year-on-year to ₹702 crore compared with ₹510 crore in the corresponding period last year. The tyre major’s consolidated total income for the quarter stood at ₹8,183 crore as against ₹7,190 crore a year ago, registering a growth of […]
CW Bureau
·
May 7, 2026
AUTO
Renault India Moves NCLT To Split Powertrain and Vehicle Businesses
Renault Group has approached the National Company Law Tribunal (NCLT) seeking approval for a proposed structural realignment of its India operations, signalling a calibrated shift towards sharper operational clarity and long-term scalability. Clearer operating architectureThe proposed restructuring aims to create distinct, focused business verticals. Under the plan, powertrain manufacturing will be housed within a dedicated […]
CW Bureau
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Apr 30, 2026