Bharat Global Developers Completes Rs 3 Bn FCC Project
Air India Ends Full-Service Flights at Imphal Airport
Air India officially ceased its full-service operations at Imphal International Airport on 16 June 2025, marking the end of an era that spanned decades. The decision follows a strategic shift in route optimisation across the airline鈥檚 network. While the national carrier departs, its low-cost subsidiary, Air India Express, will gradually assume operations on routes previously served by the full-service airline, subject to market demand.Officials clarified that this move is unrelated to recent security incidents or technical faults affecting airlines. Instead, it forms part of a broader restru..
Auto Sales Show Steady Growth in May 2025
India鈥檚 automobile sector demonstrated steady growth in May 2025, with total production and domestic sales showing modest gains across key segments.Overall vehicle production鈥攊ncluding passenger, three鈥憌heelers, two鈥憌heelers, and quadricycles鈥攔eached 2.58 million units, marking a year鈥憃n鈥憏ear rise of 5.2 per cent. Domestic sales across these categories totalled around 2.01 million units, up 1.8 per cent compared to May 2024.Passenger Vehicles (PVs)Passenger vehicle dispatches to dealers remained nearly flat at 344,656 units, reflecting a marginal decline of 0.8 per cent from the ..
JLR Cuts FY26 EBIT Margin to 5鈥�7% Amid US Tariff Pressure
Jaguar Land Rover (JLR), the UK鈥慴ased luxury carmaker owned by Tata Motors, has lowered its forecast for fiscal 2026 earnings before interest and taxes (EBIT) to 5鈥�7 per cent, down from a target of 10 per cent, and compared with 8.5 per cent delivered in FY25. The revision is attributed to multiple pressures including anticipated increases in US tariffs on foreign鈥慴uilt vehicles, shifts in product mix, and elevated capital expenditure.JLR also projects near鈥憐ero free cash flow for FY26, signalling a tight financial outlook. The optimism for FY27, however, remains intact, with expectati..
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