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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
Kia India to raise vehicle prices by up to 2% from July 1
ANI · 2026-06-18 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Kia India on Thursday announced that it will increase prices across its vehicle portfolio by up to 2 per cent from July 1, 2026, citing rising input costs and higher operational expenses.

In a press note, the automaker said the price revision will be applicable across its model range and is aimed at addressing the impact of increasing costs. "Kia India... has announced a price revision of up to 2 per cent across its model range, effective 1st July 2026," the company said.

The company attributed the move to cost pressures being faced by the industry. "The revision is necessitated by rising input costs and an overall increase in operational expenditure," Kia India said.The automaker said it has tried to limit the burden on customers by absorbing a substantial portion of the increased costs.

"Kia India remains committed to offering its customers the best-in-class products and ownership experience and has endeavoured to keep the price increase to a minimum by absorbing a significant portion of the cost escalation internally," the company said.

According to the company, the increase will differ across products and variants. "The extent of the price increase will vary across models and variants, ensuring that the overall value proposition of each offering is maintained," the press note added.

The announcement comes at a time when several automakers are adjusting prices to offset rising production expenses. Earlier on Thursday, Tata Motors announced that it will increase prices across its commercial vehicle portfolio by up to 2.5 per cent with effect from July 1, 2026, citing rising commodity prices and higher input costs.

The parallel announcements by Kia India and Tata Motors indicate that automakers continue to face cost pressures from raw materials and operations, prompting companies to revise vehicle prices while attempting to absorb part of the increase internally.

Published on June 18, 2026