Shares of Hero MotoCorp gained 3% to their day’s high of Rs 4,980 on the BSE on Thursday after the company unveiled its first flex-fuel motorcycles, marking its entry into a segment aimed at supporting India’s transition towards cleaner and more sustainable mobility solutions.

The country’s largest two-wheeler manufacturer launched flex-fuel versions of its flagship Splendor+ and HF Deluxe motorcycles, making them India’s first flex-fuel motorcycles in the 100cc category. The motorcycles are compatible with ethanol-blended fuels ranging from E20 to E85 and are designed for everyday commuting without compromising on performance or affordability.

Hero MotoCorp said the new range is aimed at reducing the carbon footprint of daily transportation while aligning with India’s goal of lowering economic carbon intensity by 45% by 2030.

The motorcycles were unveiled in New Delhi ahead of World Environment Day in the presence of Union Minister for Road Transport and Highways Nitin Gadkari, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri and Hero MotoCorp Chief Executive Officer Harshavardhan Chitale.

Speaking at the event, Gadkari said the introduction of flex-fuel motorcycles in the mass-market segment would support ethanol adoption, help reduce crude oil imports, strengthen farmers’ incomes and contribute to the government’s vision of Atmanirbhar Bharat and Viksit Bharat.

Puri said the launch represents another milestone in India’s efforts to build a mobility ecosystem powered by cleaner and domestically produced fuels. He added that wider adoption of such vehicles could improve energy security, lower carbon emissions and reduce dependence on imported crude oil while strengthening the country’s biofuels ecosystem.
Chitale said the flex-fuel-ready Splendor+ and HF Deluxe were developed at the company’s Centre for Innovation & Technology in Jaipur and reflect Hero MotoCorp’s focus on future-ready and locally relevant technologies. He added that the motorcycles have minimal-to-no import content and reinforce India’s manufacturing capabilities.Hero MotoCorp said the flex-fuel portfolio will be introduced in Delhi and select regions of Maharashtra in July 2026, followed by a nationwide rollout. The HF Deluxe Flex Fuel has been priced at Rs 72,792 (ex-showroom Delhi), while the Splendor+ Flex Fuel will be available at Rs 82,710 (ex-showroom Delhi).

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

GitLab GTLB -2.80%decrease; red down pointing triangle is cutting 350 full-time employees, about 14% of its total workforce, as part of a restructuring it floated last month.

The maker of software-development tools said weeks ago that layoffs were coming as it looked to remove layers of management from certain parts of its business and rework its research-and-development teams.

Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Market veteran Ajay Srivastava from Dimensions Corporate believes that the narrative around the global economy, particularly the United States, is often misunderstood by Indian investors. Speaking to ET Now, he argued that while many perceive the U.S. to be facing economic challenges, the reality is quite different.

According to him, the American economy continues to perform exceptionally well, with stock markets at record highs, unemployment near historic lows, and some of the world’s largest companies continuing to create enormous wealth. He said that every country would aspire to be in the position that the U.S. currently occupies and stressed that India should focus less on judging global economies and more on addressing its own economic challenges.

Srivastava noted that despite geopolitical tensions, including the ongoing conflict in West Asia, the global economy remains resilient. He pointed out that developed nations have successfully diversified across industries such as semiconductors, technology, and advanced manufacturing, reducing their dependence on any single sector. India, he said, still has significant work to do in building similar capabilities and strengthening its economic competitiveness. He also emphasized the importance of keeping economic discussions separate from political considerations, arguing that a pragmatic approach is essential for long-term growth.

On artificial intelligence, Srivastava maintained that investors cannot afford to ignore the theme despite concerns around lofty valuations. He believes the leading AI companies enjoy strong competitive advantages and are likely to remain important wealth creators over time. While India may not be leading the development of foundational AI technologies, he sees a substantial opportunity for the country as a large-scale adopter and implementer of AI solutions. In his view, Indian businesses across sectors will increasingly rely on AI to improve productivity and efficiency, creating a significant opportunity for domestic companies involved in deployment and integration.

He also challenged the notion that the U.S. market’s strength is entirely dependent on AI-related stocks. While technology companies have undoubtedly been major contributors to market gains, he highlighted that several industrial, consumer, and defence-related businesses have also delivered strong performance. This, he argued, reflects the broader strength of the American economy rather than a narrow AI-driven rally.

Among Indian sectors, Srivastava believes banking stands to gain the most from AI adoption. He expects artificial intelligence to transform operational efficiency, reduce costs, and significantly improve profitability. From branch operations to customer service and call centres, AI has the potential to automate labour-intensive processes and enhance customer experience. As a result, he believes banks that successfully integrate AI into their business models could witness margin expansion that has not been seen in years.
While optimistic about the long-term opportunity, Srivastava remains selective on the banking sector. He reiterated concerns about large traditional lenders, arguing that some of them have struggled to deliver shareholder returns despite their dominant market positions. He also questioned the effectiveness of recent interest rate reductions in improving the sector’s outlook, noting that structural reforms and technological adoption are likely to have a greater impact on profitability than monetary policy alone. According to him, the key differentiator going forward will be how effectively banks leverage technology to reduce costs and improve efficiency.Discussing public-sector banks, Srivastava admitted that their low valuations continue to puzzle him. Although he expects certain private sector banks with strong institutional ownership to outperform, he does not believe investors should dismiss PSU banks outright. At current valuations, he suggested that downside risks appear limited, even if return potential may not be as attractive as some private-sector peers.

On the issue of expected credit loss (ECL) norms, Srivastava downplayed concerns about a significant impact on bank valuations. He believes any implementation is likely to be gradual, allowing banks sufficient time to adapt. More importantly, he argued that investors should focus on broader factors such as interest rates, economic growth, operating efficiency, and competitive dynamics rather than regulatory changes alone.

Perhaps his strongest message was directed at Indian investors’ portfolio allocation strategies. Srivastava pointed out that most Indian investors remain overwhelmingly concentrated in domestic assets and have limited exposure to global opportunities. He criticized restrictions on overseas investments by mutual funds, arguing that these constraints prevented Indian investors from participating meaningfully in the global AI boom. According to him, access to international markets is essential for long-term wealth creation, especially as many of the world’s most innovative companies continue to emerge outside India.

He believes investors should think beyond short-term market movements and focus on building diversified portfolios that include exposure to global growth themes. With new technology leaders and disruptive businesses continuing to emerge around the world, Srivastava argues that limiting investments to a market that represents only a small share of global market capitalization may not be the most effective strategy for future wealth creation. His message is clear: global markets remain strong, AI represents a transformational opportunity, and Indian investors must embrace both technological change and global diversification to fully participate in the next phase of economic growth.

This article was written by

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.