New Delhi, May 12 (IANS) The newly constituted National Council of the Confederation of Indian Industry (CII) at a meeting on Tuesday elected its new office bearers for the year 2026-27, with Tata Chemicals Ltd Managing Director & CEO R. Mukundan assuming office as the President for 2026-27, replacing Rajiv Memani at the helm. Mukundan has over 30 years of experience at the Tata Group, having held various responsibilities across the chemical, automotive, and hospitality sectors of the Tata G…
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New Delhi, Feb 25 (IANS) The long-term profit outlook for many Chinese electric vehicle makers is coming under pressure as weak consumer demand and rising costs begin to bite, a report has said.Investors are increasingly questioning whether the rapid growth seen over the past few years can be sustained in a market that now looks crowded and more expensive to operate in.Sales figures toward the end of 2025 highlighted the problem. Overall EV sales failed to break out of a prolonged slowdown in Ch…