Maruti Suzuki Q2 FY24 net PAT up 78% to INR 3764 cr

Country’s largest carmaker Maruti Suzuki India Limited on Friday reported a growth of 78.2% in its consolidated profit after tax (PAT) at INR 3764.3...

Cabinet approves MoC between India, Japan for semiconductor supply chain

The Union Cabinet of India, on 25 October, 2023, approved the memorandum of cooperation (MoC) between India and Japan on developing a semiconductor supply...

Honda CEO’s Speech Illuminates Future Mobility at JAPAN MOBILITY SHOW 2023

Toshihiro Mibe, the President of Honda Motor Co., Ltd., took center stage at the esteemed JAPAN MOBILITY SHOW 2023, delivering a keynote address that...

Renault Teams Up with Volvo and CMA CGM for Electric Van Project

Renault is teaming up with fellow carmaker Volvo and the shipping group CMA CGM to advance an electric van project aimed at strengthening its...

Tata Motors’ CSR initiatives benefit over 60 lakh lives in the past decade 

Tata Motors, India's leading automobile company, released its 9th Annual CSR Report, highlighting its extensive efforts towards addressing some of India’s most critical and...

Taiwan’s Semiconductor Industry Urges Government to Expedite Renewable Energy Transition

Hsinchu, Taiwan - The semiconductor industry in Taiwan is eager to partner with the government in realizing the country's 2050 net-zero emissions goal. However,...

Oil Prices Dip Over $2 Amid Reduced Middle East Concerns and Weaker U.S. Demand

Global oil prices experienced a significant drop of over $2 per barrel on Thursday, driven by diminishing fears of a wider Middle East conflict...

Renault Group’s EUR 3 Billion Investment for Global Expansion and Electric Vehicles

French automaker Renault has unveiled its "International Game Plan 2027" in Rio De Janeiro, Brazil, committing a substantial investment of EUR 3 billion to...

Sona Comstar Delivers Strong Q2 FY24 Results and Expands into Electric Vehicles

Sona BLW Precision Forgings Ltd. (Sona Comstar), a prominent mobility technology company specializing in systems and components for electrified and non-electrified powertrains, announced robust...

Ola Electric Raises INR 3,200 Crores for EV Business and Gigafactory

Ola Electric, India's leading electric vehicle (EV) company, has successfully concluded a funding round, raising INR 3,200 crores through equity and debt. The funding...