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Bajaj Auto shares dropped nearly 3% intraday on June 28, 2026, as the company's buyback record date arrived, with the stock opening at ₹9,838 against a prior close of ₹10,025. The decline reflects the standard unwinding of buyback premium once the eligibility cutoff passes.
Toyota plans to build a new car factory in India capable of producing 100,000 units per year. The greenfield plant signals a major long-term bet on Indian demand and positions Toyota to expand its export capacity from the country.
Bajaj Auto announced a Rs 5,633-crore share buyback, its largest ever, offering to repurchase up to 46.94 lakh shares at Rs 12,000 each, a 16% premium to the last closing price. The buyback covers 1.68% of paid-up equity capital and signals strong cash reserves.
Trump announced a 25% tariff on EU automobiles but gave no details on legal authority or implementation, following the Supreme Court's earlier rejection of his reciprocal tariff powers. The move puts U.S.-EU trade talks at risk and could significantly raise costs for European automakers exporting to the U.S.
President Trump announced a 25 percent US tariff on EU cars and trucks, set to take effect next week, citing EU non-compliance with a prior trade deal. The move threatens margin pressure on major European automakers and raises the risk of EU retaliation targeting US exports.
Maruti Suzuki India's Q4 standalone net profit fell 7% year-on-year to Rs 3,591 crore, even as revenue from operations surged 28% to Rs 52,449 crore. The gap signals meaningful margin pressure, with rising costs likely offsetting the gains from higher sales.
President Trump announced a 25% tariff on EU cars and trucks, exceeding the 15% ceiling agreed under a recent transatlantic trade deal. The move threatens major European automakers with higher export costs and could prompt EU retaliation against US goods.
India's auto sector posted record sales in FY26, with passenger vehicles up 8% and exports jumping 24%, per SIAM. Tax cuts, revised income tax slabs, and lower interest rates combined to lift both affordability and financing conditions. Geopolitical risks and input cost pressures remain the primary variables industry l
Tag
Bajaj Auto shares dropped nearly 3% intraday on June 28, 2026, as the company's buyback record date arrived, with the stock opening at ₹9,838 against a prior close of ₹10,025. The decline reflects the standard unwinding of buyback premium once the eligibility cutoff passes.
2d ago · 3 min · Markets
Toyota plans to build a new car factory in India capable of producing 100,000 units per year. The greenfield plant signals a major long-term bet on Indian demand and positions Toyota to expand its export capacity from the country.
1mo ago · 2 min · Business
Bajaj Auto announced a Rs 5,633-crore share buyback, its largest ever, offering to repurchase up to 46.94 lakh shares at Rs 12,000 each, a 16% premium to the last closing price. The buyback covers 1.68% of paid-up equity capital and signals strong cash reserves.
1mo ago · 2 min · Markets
Trump announced a 25% tariff on EU automobiles but gave no details on legal authority or implementation, following the Supreme Court's earlier rejection of his reciprocal tariff powers. The move puts U.S.-EU trade talks at risk and could significantly raise costs for European automakers exporting to the U.S.
1mo ago · 2 min · Global Affairs
President Trump announced a 25 percent US tariff on EU cars and trucks, set to take effect next week, citing EU non-compliance with a prior trade deal. The move threatens margin pressure on major European automakers and raises the risk of EU retaliation targeting US exports.
1mo ago · 2 min · Global Affairs
Maruti Suzuki India's Q4 standalone net profit fell 7% year-on-year to Rs 3,591 crore, even as revenue from operations surged 28% to Rs 52,449 crore. The gap signals meaningful margin pressure, with rising costs likely offsetting the gains from higher sales.
2mo ago · 2 min · Markets
President Trump announced a 25% tariff on EU cars and trucks, exceeding the 15% ceiling agreed under a recent transatlantic trade deal. The move threatens major European automakers with higher export costs and could prompt EU retaliation against US goods.
2mo ago · 2 min · Global Affairs
India's auto sector posted record sales in FY26, with passenger vehicles up 8% and exports jumping 24%, per SIAM. Tax cuts, revised income tax slabs, and lower interest rates combined to lift both affordability and financing conditions. Geopolitical risks and input cost pressures remain the primary variables industry l
2mo ago · 1 min · Business
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