ICRA VP Srikumar Krishnamurthy discusses post-COVID PV segment recovery driven by pent-up demand, new SUV launches, and government support for hybrid/CNG vehicles. Despite an elevated base, higher inventory, and softened demand, utility vehicles remain preferred. Temporary discounting reflects a pre-festive marketing strategy, highlighting OEMs’ competitive intensity and M&M’s celebratory offers.
Reliance JIO IPO: 7 risk factors investors should know as firm gets Sebi nod for Rs 37,000-crore offer
Reliance Jio’s proposed Rs 37,700-crore IPO has received Sebi approval, bringing the much-awaited listing closer. While the offering could value Jio Platforms at nearly Rs
August 29, 2026