Jio Platforms Ltd.’s stock market debut was an emotional moment for Mukesh Ambani, 69, as four generations of one of India’s wealthiest business dynasties came together to ring the opening bell.
Maruti Suzuki India Ltd. is looking at another round of price hikes to protect its margins after India’s largest carmaker reported a lower-than-expected quarterly profit weighed down by rising input costs.
Elon Musk stepped up his criticism of Indian rivals with a direct swipe at billionaire Mukesh Ambani, as SpaceX’s Starlink satellite broadband network continues to await regulatory approval for a rollout in the country.
India has finalized sweeping new fuel-efficiency rules that will require automakers to cut emissions across their fleets from 2027, while giving them flexibility to use electric vehicles, hybrids and more efficient gasoline-powered cars to get there.
India and China share a complicated relationship. The world’s two most populous nations are outright regional rivals who fought a border war in the 1960s. Relations were severely tested more recently by border clashes in 2020 that left soldiers dead on both sides.
JSW Group’s talks with Volkswagen Group on a potential India partnership now center on reducing costs, gaining export-market access and how much control the German automaker would retain, according to people familiar with the matter.
Larsen & Toubro Ltd. plans to manufacture rare-earth magnets in India, said people familiar with the matter, as the engineering giant rides a government push to reduce a reliance on imports and loosen China’s stranglehold over the critical industrial component.
Maruti Suzuki India Ltd.’s profit again missed analysts’ estimates as rising commodity costs offset a robust revenue growth and healthy jump in exports.
Tata Electronics Pvt. is preparing to make India’s first semiconductor wafers on far older technology than it originally expected, underscoring the challenges the country faces in trying to build a domestic chip industry from scratch.
Tata Group is targeting about $100 billion in automotive revenue by the year ended March 2031, Chairman Natarajan Chandrasekaran said, outlining growth plans across its four automotive businesses following the demerger of Tata Motors’ passenger and commercial vehicle operations.
Natarajan Chandrasekaran, chairman of Tata Sons Ltd.
India’s capital New Delhi will ban new petrol- and natural gas-fueled two-wheelers and small trucks from its roads over the next two years in one of the most aggressive moves yet by an Indian state to curb air pollution.
India has launched a new high-ethanol fuel blend in the market, its latest effort to diversify supplies and reduce the country’s reliance on imported oil.
Fuel pumps at a gas station in Noida, Uttar Pradesh, India. Photographer: Anindito Mukherjee/Bloomberg
India is set to introduce a program to spur compressed biogas production through higher guaranteed purchase prices and subsidies for new plants, a bid by Prime Minister Narendra Modi’s government to lower carbon emissions and cope with soaring fossil fuel costs.
Construction of a compressed biogas production facility in Barsana, India. Photographer: PUNIT PARANJPE/AFP
The global energy crisis is threatening to slow spending among India’s vast middle class, undermining a fragile recovery in consumption and adding to the woes of an economy already grappling with a markets and currency slump.
Commuters walk pass the Brihanmumbai Municipal Corporation (BMC) headquarters in Mumbai. Photographer: Abeer Khan/Bloomberg
Billionaire Sajjan Jindal’s automotive business has secured about 80 billion rupees ($826 million) funding line from India’s largest lender, keeping its plans for a new energy vehicle venture on track.
Signage at the State Bank of India (SBI) headquarters in Mumbai, India, on Tuesday, Nov. 11, 2025. SBI is supportive of another wave of mergers among state-backed lenders as policymakers explore ways to build scale and finance growth in the world’s fastest-growing major economy. Photographer: Abeer Khan/Bloomberg
India is considering incentives exceeding $1 billion to spur private-sector adoption of electric buses and trucks, in an attempt to cut fossil-fuel use in the segment amid a deepening energy crisis, according to people familiar with the matter.
Commuters board an electric public bus in New Delhi on May 15. Photographer: Ritesh Shukla/Getty Images
Two Indian conglomerates are looking to spend nearly $1 billion to build domestic capabilities in electric-vehicle and battery technologies, people familiar with the matter said, reflecting a growing urgency on the part of the country’s biggest companies to reduce their reliance on Chinese technology.
The grill of a Tata Motors Ltd. Harrier EV, front, and Sierra EV displayed during the Auto Expo 2023 in Noida, Uttar Pradesh, India, on Friday, Jan. 13, 2023. Tata Motors Ltd. expects electric vehicles to account for a quarter of its India passenger vehicle sales in five years, and that’ll likely become 50% by 2030, Shailesh Chandra, managing director of Tata Motors Passenger Vehicles Ltd., said.
Maruti Suzuki India Ltd. reported fourth-quarter profit that missed expectations, as the nation’s largest carmaker grappled with rising costs exacerbated by the Iran war.
The Maruti Suzuki India Ltd. e-Vitara electric vehicle in New Delhi.