Business
Birth Of Supercars; New-Age Tech Upgrading Auto Sector

The constant upgradation of AI and IoT have taken every industry by storm. Well, the auto sector seems to have gotten a different glowup with the incorporation of new-age tech. From the Aston Martin Valhalla’s incorporated F1 technology to Lamborghini Revuelto’s triple electric motor, tech is ruling the auto sector!
To be specific, the use of new age tech has given birth to supercars. Supercars are adding systems that dynamically adjust aerodynamic elements like diffusers, and air intakes in real-time to optimize drag and downforce as per driving conditions. For example the ALA (Aerodinamica Lamborghini Attiva) system in the Lamborghini Huracán Performante. In a candid discussion with Free Press Journal, Jatin Ahuja, MD and founder, BBT and Kunal Maini, CEO,CCI on how IoT, AI and automation has made supercars people’s favourite.
How do you think new age tech (IoT, AI) has enhanced supercars
The new-age tech like AI and IoT has significantly elevated the supercar experience. From enhancing performance to providing cutting-edge features, Supercars are now equipped with AI-powered systems that optimise everything from suspension settings to powertrain management which gives the driver an unparalleled experience. IoT integration allows for real-time diagnostics and performance analysis ensuring that every drive is as efficient and thrilling as possible.
At our BBT showroom, we also aim to bring these high-tech vehicles to ensure that our customers have access to the latest tech in luxury cars through an intuitive online platform.
How has tech upgraded the auto sector?
From electric vehicles to AI-powered systems, the role of technology is transformative. For example, connected cars now have the ability to self-diagnose issues, optimise driving patterns and offer real-time data to the driver. The rise of AI and IoT in the automotive ecosystem has made the buying process more personalised, allowing us to curate a more tailored experience for customers.
We see stronger focus on sustainability with electric and hybrid vehicles becoming more prominent. At CCI, we aim to simplify the buying process by incorporating advanced online tech, ensuring that the entire experience from browsing to buying is as seamless as possible.
AI and Automation are creating a craze among users. How do you think this has impacted their buying pattern?
Today’s customers are seeking a seamless, efficient and highly personalised buying experience. Whether they’re visiting our expansive showrooms or browsing through our online platform at CCI, we strive to offer a smooth journey.
For instance, CCI was designed with the customer in mind, catering to those who prefer an entirely digital experience with transparent pricing, no hidden charges and quick transactions. This shift toward more tech-enabled car buying empowers our customers to make well-informed decisions and the growing demand for digital platforms underscores the need for a smooth and automated process in the auto industry.
AI is revolutionizing India’s fast-growing shared mobility sector. What are your views on this?
While Big Boy Toyz and Cars.co.in focus on luxury vehicles, the broader automotive landscape, including shared mobility, is being shaped by these advancements. In fact, AI is enabling companies to forecast demand, optimise fleets and ensure that customers get a high-quality experience every time. As the shared mobility industry grows in India, we anticipate that luxury car rental platforms will also expand here just like in other countries and AI will allow these platforms to offer more convenience, customisation and efficiency.
What is the future of supercars?
The integration of advanced technologies like AI, IoT and autonomous driving will enhance the supercar experience, allowing for smarter and more dynamic driving experiences. The vehicles of tomorrow will likely feature fully autonomous capabilities. There are challenges to that idea but advanced real-time data analysis and even more efficient and high-performing powertrains will make a thumping difference.
Supercar manufacturers are also pushing the envelope on design and innovation and we as the front runners of the pre-owned car segment will continue to provide our customers with access to the best and most advanced supercars. These cars will remain a symbol of status and cutting-edge technology, but they’ll evolve to align with the growing demand for sustainability and connectedness.
Business
Sensex – Nifty Open Lower Amid Weak FII Sentiment, Midcap & Smallcap Stocks Lend Market Support

Key Highlights:
– Sensex fell 171 pts, Nifty down 35 pts; midcaps, smallcaps held strong.
– FIIs sold Rs 3,694 crore worth of stocks; DIIs bought Rs 2,820 crore.
– Nifty’s bearish engulfing pattern suggests continued caution; 25,000 key support.
Mumbai: Indian equity benchmarks Sensex and Nifty began Friday’s session in the red, weighed down by selling pressure in large-cap stocks. At 9:25 am, the Sensex declined by 171 points or 0.21 percent to trade at 82,087, while the Nifty dropped 35 points or 0.14 percent to 25,075.
Heavyweights Drag, Broader Market Holds
Major drag on the indices came from key constituents such as Axis Bank, Bharti Airtel, Kotak Mahindra Bank, and HDFC Bank. Financial stocks, FMCG, and private banking segments were under pressure. However, midcap and smallcap segments outperformed, providing resilience to the overall market.
Gainers on the Sensex included M&M, Tata Steel, Power Grid, L&T, Infosys, and Maruti Suzuki, reflecting strength in sectors like auto, metals, and infra.
Sectoral Picture Mixed
On the sectoral front, gains were recorded in auto, IT, PSU banks, metals, realty, energy, media, infrastructure, and commodities. Meanwhile, financial services, FMCG, and private banking faced losses.
Technical indicators showed bearish signals, with Nifty completing a bearish engulfing candle on Thursday. Analysts highlight 25,000 as a key support and 25,340 as a vital resistance level.
FIIs Remain Net Sellers
Foreign institutional investors (FIIs) continued their selling trend, offloading equities worth Rs 3,694 crore on July 17 — marking the second consecutive session of net selling. Domestic institutional investors (DIIs), however, remained net buyers, purchasing Rs 2,820 crore worth of shares for the ninth straight session.
According to Dr. VK Vijayakumar of Geojit Financial Services, FIIs have shown a clear pattern of selling in July after buying in the previous three months. Without positive triggers, the downtrend could persist.
Global Cues Offer Some Relief
Asian markets traded mostly higher on Friday, with Shanghai, Hong Kong, Bangkok, and Jakarta in the green, although Tokyo and Seoul lagged. The US markets ended positively on Thursday, driven by upbeat investor sentiment.
Business
Indian Equity Indices Open Flat As Markets Await Fresh Triggers To Break Out Of Consolidation Phase

Mumbai: The Indian equity indices opened flat on Thursday, as markets looked for new triggers to break out of the consolidation range.
At 9.2 am, c was down 15 points at 82,619 and Nifty was down 2 points at 25,210. Buying was seen in the midcap and smallcap stocks. Nifty midcap 100 index was up 123 points or 0.18 per cent at 59,741 and Nifty smallcap 100 index was up 70 points or 0.37 per cent at 19,210.
On the sectoral front, auto, pharma, FMCG, metal, realty, energy, infra and PSE were major gainers, while IT, PSU bank, financial services and media were major losers.
In the Sensex pack, Sun Pharma, M&M, Trent, Kotak Mahindra, Tata Motors, NTPC, BEL, Titan and Power Grid were major gainers. Tech Mahindra, ICICI Bank, Eternal, Axis Bank, Infosys and HUL were major losers.
According to analysts, an India-US interim trade deal has been discounted by the market, leaving no scope for a sharp rally decisively breaking the range.
“One positive and surprise factor that can trigger a rally is a tariff rate much below 20 per cent, say 15 per cent, which the market has not discounted. So, watch out for developments on the trade and tariff front,” said Dr VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited.
Most Asian stocks traded in a flat-to-low range. Tokyo, Shanghai, Bangkok and Jakarta were trading in the green while Hong Kong and Seoul were in the red.
The US market closed in the green on Wednesday due to positive market sentiment.
On the institutional front, foreign institutional investors (FIIs) continued to reduce exposure in India, selling equities worth Rs 1,858 crore on July 16. In contrast, domestic institutional investors (DIIs) remained consistent buyers for the 8th straight session, infusing Rs 1,223 crore, lending crucial support to the market amid global uncertainties.
The broader trend remains optimistic as long as key support levels are respected, said analysts.
Business
Tesla Mumbai Showroom Now Open, Bookings For Model Y Begin

Elon Musk’s Tesla has flagged off its India operations with its first showroom in Mumbai now open. The showroom is located in Mumbai’s premium Bandra Kurla Complex area. It will be showcasing the popular Model Y and Model 3 cars at the venue. Maharashtra CM Devendra Fadnavis arrived at the first Tesla showroom in India, to commemorate the occasion.
The new Mumbai showroom opening marks the entry of Tesla in India, one of the world’s fastest-growing automobile markets. The showroom, at Maker Maxity in BKC, is around 4,000 sq ft large and is said to cost Rs. 35 lakh per month. While customers will be able to book their cars starting today, delivery is said to commence sometime in August. Delivery and registration are only limited to Delhi, Gurugram and Mumbai for now.
The experience centre is located near the Apple flagship store in BKC. Tesla is said to open a showroom isn Delhi as well. While this is a soft launch, the company is expected to do a grand inauguration as well. To book the Model Y or the Model 3, consumers will need to head to the Mumbai experience store.
Musk’s company has imported all the cars fully assembled from China, paying heavy taxes (approximately 70 percent) on the same. The cars are said to be priced starting at around Rs. 40 lakhs in India.
The spotlight will be on the Model Y, which is the most popular variant of Tesla across the world. The SUV is available globally in two variants, Long Range RWD and Long Range AWD (Dual Motor). It claims to offer up to 574 km and goes from 0 to 100 kmph in just 4.6 seconds.
The Model 3, Tesla’s most affordable offering in the Indian market, will also be showcased but is expected to go on sale later in 2025. The top variant of the Model 3 clocks 0 to 100 kmph in 3.1 seconds, has a range of 507 km, and a top speed of 162 kmph.
Tesla India has reportedly leased a 24,500-square-foot space in Mumbai’s Kurla West to set up a service centre, located close to its upcoming showroom in BKC.
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