Kia begins Sorento production at Anantapur ahead of September launch
Kia Sorento production begins preparing for 4 September launch entering premium SUV segment, hybrid model with all-wheel drive.
Bizmudra Desk
Euler Motors opens ₹100-crore four-wheeler EV line at Palwal
The electric commercial vehicle maker has commissioned a dedicated four-wheeler plant across 40 acres in Haryana. Euler did not disclose what the line is currently producing against its 24,000-unit capacity.
Global Fintech Fest returns to Mumbai in September with RBI, SEBI and BIS on the agenda
Global Fintech Festival 2026 to be held in Mumbai from 8-11 September.
Škoda doubles down on sedans with new Slavia, Octavia RS and Superb return
The company is refreshing the Slavia and bringing back the Octavia RS and Superb, betting on sedans as SUVs take share. Prices were not announced; pre-bookings open.
ICICI Prudential Life adds momentum-value index fund to ULIP range
ICICI Prudential Life adds a new fund option within existing ULIPs, tracking a customised BSE 500 momentum-value index of 50 stocks, rebalanced quarterly.
Hisense targets 50% India revenue growth to USD 150 million this year
Hisense India is targeting growth from USD 100 million to USD 150 million by CY26, offline channels are expected to contribute nearly 70% of business this year, and its first Indian plant at Sri City, Andhra Pradesh, opened February 2026 and is making washing machines and air conditioners.
Jubilant Ingrevia pays INR 189 crore for 40% of electronics maker Zettaone
The specialty chemicals company is buying into electronics manufacturing, valuing Zettaone at about INR 473 crore on the stake purchased. Neither side disclosed Zettaone's revenue, so the multiple paid is unknown.