Entry-level hatchbacks increased their share to 3.3% in the first five months of FY27, while SUVs expanded their share to 58%.
IndiGo Leads Domestic Aviation Market
IndiGo retained a 65% share of India’s domestic aviation market in August, carrying 78.87 lakh passengers as overall domestic traffic declined 6.34% year-on-year
Jindal Stainless Partners Nasscom for Upskilling
Jindal Stainless has partnered with Nasscom to give employees access to emerging-technology training and industry-recognised certification pathways.
Maharishi Ayurveda Opens Europe Centre
Maharishi Ayurveda is investing €5 million in a European wellness, education and research expansion centred on a new facility in the Netherlands.
Pre-Budget Meetings Begin October 12
Finance Ministry pre-budget meetings for Union Budget 2027-28 will run from October 12 to November 13.
Avantel Wins ₹177 Crore Zetwerk Order
Avantel has received a ₹177.35-crore order from Zetwerk for satellite communication equipment to be executed by March 2027.
Adroit Industries IPO Subscribed 5.18 Times
Adroit Industries’ ₹151-crore IPO was subscribed 5.18 times on its first day, led by retail and non-institutional investors.
PM Cona Industries Files for IPO
PM Cona Industries has filed for an IPO comprising a fresh issue of up to ₹120 crore and an offer for sale of 45 lakh shares.
Amazon Pay India Loss Widens
Amazon Pay India’s FY26 net loss widened to ₹1,148.5 crore as total expenses increased faster than revenue.
Elevate Campuses IPO Subscribed 20%
Elevate Campuses’ ₹2,100-crore IPO received 20% subscription on its opening day after the company raised ₹945 crore from anchor investors.
