Sundaram Finance Posts Nine Month Results With AUM Growth
Iran Conflict Risks Slowing India’s Auto Production
India’s automobile industry is facing the risk of production disruptions as the Iran conflict tightens gas supplies, affecting manufacturers and component makers across key industrial regions. Several suppliers serving Maruti Suzuki, Tata Motors and Mahindra have reported gas shortages, raising concerns over forging, casting and paint-shop operations that depend on steady fuel availability. The pressure comes as vehicle demand remains strong, with passenger vehicle sales expected to exceed 4.5 million units in the financial year ending 31 March. With limited buffer inventory, companies are ..
Honda to Invest Rs 15 Billion in Tapukara Plant Expansion
Honda Motorcycle & Scooter India (HMSI) has announced an investment of around Rs 15 billion to set up a third production line at its Tapukara manufacturing plant in Rajasthan. The new line is expected to commence operations in 2028 and will add an annual production capacity of 670,000 units, taking the factory’s total capacity to 2.01 million units per year. The expansion is also expected to create more than 2,000 jobs in the region. The company said the new line will be highly flexible and capable of producing commuter segment scooters and motorcycles, helping it respond more effective..
BMC Plans LAPs Around Metro 3 Stations
The Brihanmumbai Municipal Corporation (BMC) has proposed preparing Local Area Plans (LAPs) for areas around Mumbai Metro Line 3 stations to enhance land use, traffic flow, and infrastructure planning. The initiative is part of efforts to align urban development with the city’s expanding metro network. In the first phase, four stations will be covered at an estimated cost of Rs 1.37 crore, with further phases planned to include all 27 stations along the corridor. The overall project cost is expected to rise as coverage expands. The LAPs will be developed through detailed assessments, inclu..

