Escorts Kubota to raise tractor prices from 15 April'26

Escorts Kubota to raise tractor prices from 15 April'26


Escorts Kubota has announced that it will increase prices of its tractors under the Agri Machinery Business Division, excluding the Kubota brand, with effect from 15 April 2026.

The company stated that the price revision will vary across different models, variants, and geographies.

Escorts Kubota is primarily engaged in the business of manufacturing agricultural tractors, engines for agricultural tractors, construction, earthmoving, and material handling equipment; round and flat tubes; heating elements; and double-acting hydraulics

The companys consolidated net profit increased 11.8% to Rs 358.32 crore on an 11.3% jump in net sales to Rs 3,280.49 crore in Q3 FY26 over Q3 FY25.

 

The counter rose 0.59% to end at Rs 2845.50 on the BSE.

Disclaimer: No Business Standard Journalist was involved in creation of this content

First Published: Apr 03 2026 | 1:16 PM IST



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Escorts Kubota to raise tractor prices from 15 April'26

Ola Electric receives PLI certification for its Roadster X+ 4.5 kWh


Ola Electric Mobility today announced that it has received the Certification for Compliance with the eligibility assessment requirements under the Production Linked Incentive (PLI) Scheme for its Roadster X+ 11 kW 4.5 kWh from the Global Automotive Research Centre (GARC) under the Production Linked Incentive Scheme for Automobile and Auto Components (PLI-Auto Scheme).

With this, Roadster X+ 4.5 kWh becomes the first motorcycle in the Roadster portfolio to receive PLI certification, marking a significant milestone in the company’s expansion into the electric motorcycle segment. T

he certification confirms a minimum Domestic Value Addition (DVA) compliance for Roadster X+ 4.5 kWh. The model is eligible for incentives under the PLI-Auto Scheme for all Roadster X+ 4.5 kWh units.

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

First Published: Apr 03 2026 | 1:16 PM IST



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Escorts Kubota to raise tractor prices from 15 April'26

Union Bank of India's domestic advances rise 10% YoY in Q4


Union Bank of India reported a 10.06% increase in domestic advances to Rs 10,41,122 crore as of 31 March 2026, compared with Rs 9,45,975 crore as of 31 March 2025.

Domestic deposits grew 2.72% YoY to Rs 13,06,297 crore, while rising 6.88% QoQ as of 31 March 2026. Domestic CASA deposits stood at Rs 4,59,988 crore, increasing 7.90% YoY and 10.82% QoQ.

The banks total global business stood at Rs 23,85,679 crore as of 31 March 2026, up 5.79% YoY and 6.52% QoQ.

Global advances rose 9.76% YoY and 6.09% QoQ to Rs 10,78,779 crore, while global deposits increased 2.72% YoY and 6.87% QoQ to Rs 13,06,900 crore as of 31 March 2026.

 

Union Bank of India is engaged in the business of treasury operations, corporate and wholesale banking, retail banking operations, and other banking operations.

The bank reported an 8.97% rise in net profit to Rs 5,017 crore on a 1.55% increase in operating income to Rs 13,869 crore in Q3 FY26 as compared with Q3 FY25.

Shares of Union Bank of India rose 0.23% to settle at Rs 172.20 on 2 April 2026.



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Escorts Kubota to raise tractor prices from 15 April'26

Bank of Baroda's global advances rise 16% YoY in Q4


Bank of Baroda reported a 16.23% increase in global advances to Rs 14,30,204 crore as of 31 March 2026, compared with Rs 12,30,461 crore as of 31 March 2025.

The banks global business stood at Rs 30,78,854 crore, registering a growth of 13.93% YoY compared to Rs 27,02,496 crore as of 31 March 2025. Global deposits increased 12.00% YoY to Rs 16,48,650 crore as of 31 March 2026, up from Rs 14,72,035 crore in the same period last year.

Domestic advances increased 14.56% YoY to Rs 11,69,804 crore, while domestic deposits grew 12.83% YoY to Rs 14,01,497 crore as of 31 March 2026.

 

Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services, and treasury services.

Bank of Baroda reported an 8.2% decline in standalone net profit to Rs 4,809.39 crore on a 1.2% decline in total income to Rs 35,025.76 crore in Q2 FY26 over Q2 FY25.

Shares of Bank of Baroda fell 1.57% to settle at Rs 8,759.55 on 2 April 2026.



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Escorts Kubota to raise tractor prices from 15 April'26

Bajaj Auto's total sales rise 20% YoY to 4.45 lakh units in Mar'26


Bajaj Auto reported a 20% increase in total auto sales to 4.45 lakh units in March 2026, compared with 3.69 lakh units sold in March 2025.

Domestic sales rose 20% YoY to 2.66 lakh units, while exports grew 21% YoY to 1.79 lakh units.

Two-wheeler sales increased 21% to 3.80 lakh units, while commercial vehicle sales rose 20% to 64,904 units in March 2026 over March 2025.

On a year-to-date basis, the company reported a 10% rise in total sales to 51.18 lakh units in FY26, compared with 46.51 lakh units in FY25.

Bajaj Auto is engaged in the business of development, manufacturing, and distribution of automobiles such as motorcycles, commercial vehicles, electric two-wheelers, etc., and parts thereof.

 

The companys standalone net profit increased 18.68% to Rs 2,502.81 crore on an 18.84% jump in revenue from operations to Rs 15,220.33 crore in Q3 FY26 over Q3 FY25.

Shares of Bajaj Auto fell 1.57% to settle at Rs 8,759.55 on 2 April 2026.



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Escorts Kubota to raise tractor prices from 15 April'26

Petroleum Secretary says States/UTs must actively manage and prioritize LPG distribution


Secretary (Petroleum) chaired a meeting with Additional Chief Secretaries and Principal Secretaries (Food & Civil Supplies) of all States and Union Territories yesterday to review the fuel supply situation across the country. He briefed the states/UTs on steps taken by the Government to ease the supply of essential petroleum fuels and also appreciated respective states/UTs to work alongside the central Government to deal with the evolving situation.

Secretary (Petroleum) stressed that States/UTs must actively manage and prioritize LPG distribution to ensure uninterrupted supply for domestic consumers and essential sectors. States were also advised to maintain strict vigilance against hoarding, diversion, and the spread of misinformation that could trigger unnecessary panic.

 

States such as Uttar Pradesh, Gujarat, Haryana, Delhi, Maharashtra and Andhra Pradesh were commended for proactive enforcement actions, including raids to curb irregularities. Other States were urged to further strengthen monitoring and enforcement and take exemplary action on offenders. States were also requested to actively thwart attempts to mislead and spread false rumours with regard to supplies.

On reports concerning FTL LPG supplies to migrant workers, States clarified that there is no disruption in LPG supply affecting migrants and that supplies remain stable. Secretary informed that states may consider managing targeted distribution of 5 kg FTL LPG cylinders, based on local requirements alongwith OMCs. On LPG for autos it was clarified that efforts are ongoing to meet this demand, and autos that can run both on LPG and petrol should be encouraged to use the later.

Disclaimer: No Business Standard Journalist was involved in creation of this content

First Published: Apr 03 2026 | 11:50 AM IST



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