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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
Tata Motors secures No.2 position in April passenger vehi...
2026-05-01 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Tata Motors Passenger Vehicles has secured the number two position in monthly sales with domestic wholesales (dispatches to dealers) of 59,000 units in April, up 30.5 per cent year-on-year (YoY) as compared with 45,199 units in April 2025.

In the overall domestic wholesales, Mahindra & Mahindra (M&M) was crowned number two position for financial year 2025-26 (FY26).

In April sales, M&M reported domestic wholesales of 56,331 units, a growth of 8 per cent YoY as compared with 52,330 units in the same month last year.

“The year 2027 has begun on a positive note in April by achieving SUV sales of 56,331 units, a growth of 8 per cent and total vehicle sales of 94,627 (including commercial vehicles and three-wheelers) units, a 14 per cent growth over the same month last year,” Nalinikanth Gollagunta, Chief Executive Officer, Automotive Division, M&M, said.

Meanwhile, Hyundai Motor India Limited (HMIL) said it has achieved monthly domestic wholesales of 51,902 units last month, the highest-ever for any April, and a healthy YoY growth of 17 per cent as compared with 44,374 units in April 2025.

“We have opened the new financial year on a strong note, carrying forward the momentum built in recent months into April 2026. With monthly domestic sales of 51,902 units, Hyundai Motor India has achieved its highest-ever April domestic sales, registering a robust 17 per cent year-on-year growth,” Tarun Garg, Managing Director and Chief Executive Officer, HMIL, said.

Similarly, Kia India also announced its highest-ever sales for the month of April since inception, with wholesale volumes of 27,286 units, marking a 16 per cent YoY growth over 23,623 units sold in April 2025.

“Our highest-ever April performance builds on the steady growth we have seen over the past several months. This momentum is being led by the new Kia Seltos, with Sonet and Carens along with Clavis continuing to strengthen our presence across key segments through ongoing enhancements. The expansion of our service network further reflects our focus on improving accessibility and delivering seamless ownership experience to customers,” Atul Sood, Senior Vice-President, Sales & Marketing, Kia India, said.

Toyota Kirloskar Motor (TKM) reported a YoY growth of 21 per cent YoY in its domestic wholesales to 30,159 units during the month as against 24,833 units in the corresponding month last year.

JSW MG Motor India reported a YoY growth of 3.2 per cent YoY to 6,018 units in April as compared with 5,829 units in the same month last year.

‘Triber’ maker, Renault India said it has registered YoY growth of 108 per cent in April 2026 with domestic wholesales of 5,413 units, against 2,602 units sold in April 2025.

Published on May 1, 2026