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Maruti Suzuki plans price hikes up to ₹30,000

Maruti Suzuki India will raise prices of its entire model lineup by up to ₹30,000 from August 2026 due to sustained increases in input costs and inflation, marking a second portfolio-wide hike after June. The company says it has tried cost-reduction measures but must pass on some costs to customers, with the exact amount varying by model.

9 sources

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TVS Motor Q1 Profit Surges 67%

TVS Motor posted a strong Q1 FY27 with net profit up around 51% to 67% year-on-year and revenue increasing about 33-38%, underpinned by robust demand in domestic and international markets and record quarterly sales across motorcycles, scooters, and EVs. The board also approved raising up to ₹10 billion through non-convertible debentures and commercial papers to fund growth, including capital expenditure and debt refinancing.

18 sources

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Frasers surpasses 30% Hugo Boss stake, triggers bid

Frasers Group has pushed its Hugo Boss stake above the 30% threshold, triggering a mandatory takeover bid for the remaining shares, and now holds about 30.28% of the stock. The €38-per-share offer remains open until 27 July, while Hugo Boss has urged investors not to accept, saying the price undervalues the business.

12 sources

Switch plans $10B IPO with Goldman Sachs, JPMorgan

Switch is lining up an IPO that could raise up to $10 billion and value the company at about $80 billion including debt, with Goldman Sachs and JPMorgan Chase as lead underwriters and a potential fourth-quarter listing. The move highlights robust demand for AI infrastructure and data-center capacity, as Switch serves major clients and expands its role in the AI compute ecosystem.

8 sources