Pune Metro Line 3 speeds up project work, erects 300 piers

JLR Cuts FY26 EBIT Margin to 5–7% Amid US Tariff Pressure

Jaguar Land Rover (JLR), the UK‑based luxury carmaker owned by Tata Motors, has lowered its forecast for fiscal 2026 earnings before interest and taxes (EBIT) to 5–7 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‑built vehicles, shifts in product mix, and elevated capital expenditure.JLR also projects near‑zero free cash flow for FY26, signalling a tight financial outlook. The optimism for FY27, however, remains intact, with expectati..

CCI Clears Mahindra Acquisition of SML Isuzu

The Competition Commission of India (CCI) has approved the proposed acquisition of SML Isuzu Limited by Mahindra & Mahindra Limited. The decision gives the green light to Mahindra's expansion in the commercial vehicle sector through this merger.SML Isuzu manufactures and sells commercial vehicles, while Mahindra & Mahindra, a flagship company in the renowned Mahindra Group, operates across a diverse portfolio that includes automotive, farm equipment, financial services, IT, logistics, infrastructure and more. This approval allows Mahindra to integrate SML Isuzu’s operations into its ..

Dr Jitendra Singh Calls for Tech Push in Northeast

Dr Jitendra Singh, Union Minister of State for Science & Technology, convened a high-level meeting in Wokha district, Nagaland, bringing together northeastern science and technology institutes and key government departments. The aim was to review recent progress and chart future innovation strategies tailored to the region.Dr Singh emphasised that scientific advancement must extend beyond India’s central hubs and penetrate the Northeast, tapping into its untapped potential. He highlighted the area’s rich biodiversity and identified agriculture, allied sectors, tourism, and film pro..