Core Insights - Hero MotoCorp reported an 8% year-on-year decline in domestic wholesales, totaling 604,829 units in October, compared to 657,403 units in the same month last year, but achieved retail sales of 994,690 units during the festival period [1] - The company experienced positive performance due to sustained festive momentum, renewed customer confidence, and favorable market conditions, including GST benefits, while successfully entering European markets with Euro5+ compliant models [2] - Competitors such as Honda Motorcycle & Scooter India, Bajaj Auto, TVS Motor Company, and Royal Enfield reported varying growth rates in their domestic wholesales, with Royal Enfield achieving a notable 15% growth [3][4][5] Company Performance - Hero MotoCorp's domestic wholesales decreased by 8% year-on-year to 604,829 units in October, while retail sales reached 994,690 units [1] - Honda Motorcycle & Scooter India reported an 8.2% growth in wholesales to 598,952 units [3] - Bajaj Auto experienced a 4% year-on-year growth in wholesales, totaling 266,470 units [4] - TVS Motor Company reported an 8% growth in domestic two-wheeler dispatches, reaching 421,631 units [4] - Royal Enfield achieved a 15% year-on-year growth in domestic wholesales, totaling 116,844 units [4][5] - Suzuki Motorcycle India reported a decline of over 1.14% in domestic wholesales to 103,454 units [6] Market Trends - The festive period contributed to strong retail sales across the industry, with Royal Enfield noting its best-ever festive performance with over 249,000 motorcycles sold [5] - The entry into European markets by Hero MotoCorp with compliant models indicates a strategic expansion and adaptation to global standards [2] - The overall competitive landscape shows varied performance among major players, highlighting differing consumer demand and market strategies [3][4][5]

Group 1: Cipla and Eli Lilly Agreement - Cipla and Eli Lilly announced an agreement to distribute and promote Tirzepatide, a type-2 diabetes and chronic weight management drug, under the brand name Yurpeak in India [1] - Tirzepatide was initially launched in India by Lilly in March 2025 under the brand name Mounjaro [1] Group 2: IndusInd International Holdings Ltd - NCLAT has requested IndusInd International Holdings Ltd to provide a timeline for discontinuing the use of the Reliance trademark for Reliance Capital [2] - The counsel for IIHL indicated that the name change process has begun and is expected to be completed in eight weeks [2][3] Group 3: Wonderland Foods Funding - Wonderland Foods announced it will raise ₹140 crore in its first round of funding to expand its presence in India's branded dry fruits and nuts market [4] - The funding round was led by Asha Ventures and British International Investments, aimed at setting up a green processing facility and creating over 1,000 formal jobs primarily for women [4] Group 4: Hero MotoCorp UK Launch - Hero MotoCorp announced its entry into the UK market in partnership with MotoGB, introducing its Euro 5+ range including Hunk 440 [5] - This marks Hero MotoCorp's 51st international market, enhancing its presence in Europe [5] Group 5: Premier Energies Acquisition - Premier Energies has acquired a 51% stake in Transcon Industries for ₹500.3 crore, marking its entry into transformer manufacturing [6] - This acquisition is part of Premier Energies' strategy to become a fully-integrated clean energy solutions provider [6] Group 6: Welspun Enterprises GST Order - Welspun Enterprises received a GST order from the Tamil Nadu State GST Authority for FY 2018-19, totaling ₹18 crore, which includes ₹9 crore in tax demand and ₹9 crore in penalty [7] - The company plans to appeal the order, deeming the demand unjustifiable, and does not foresee any material impact on its activities [7] Group 7: Coal India SECL Projects - SECL's 12 coal mining projects are behind schedule due to delays in green clearances and land possession [8] - These delays occur despite the government's focus on boosting domestic coal production to reduce imports [8] Group 8: NTPC Green Energy Wind Power - NTPC Green Energy announced that 9.9 MW of wind power capacity has been declared commercially operational as of October 25 [9] - This capacity is part of a total installed 92.4 MW wind project located in Bhuj, Gujarat, developed by Ayana Renewable Power Four Private Ltd [9]