Indian Oil Corporation to invest Rs. 1,660 cr in JV with NPTC
Indian Oil Corporation will invest INR 1,660.15 crore as equity in a newly set up joint venture with energy major NTPC Ltd for setting...
Union Minister Piyush Goyal Encourages Industry to Accelerate Production
In a pivotal gathering of industry leaders, Union Minister Piyush Goyal passionately called for an upsurge in production activity, aiming to propel India into...
BMW Group India records best-ever year to date performance for all brands
After posting the best-ever half-year in 2023, BMW Group India continues the success story by posting the best-ever year to date sales (January –...
Indian govt panel requires car ratings tied to improved connectivity
A government panel has recommended that automakers who step up connectivity features in cars to communicate with other vehicles and external systems should win...
Indian road logistics sector on a smooth ride in FY2024: ICRA
ICRA anticipates a favourable demand scenario for the road logistics sector in FY2024, aided by stable domestic consumption and investment demand. The industry revenue...
Tata Motors sells 9.9% stake in Tata Technologies Ltd at INR 16,300 Crore
Tata Motors Limited (TML) has entered into share purchase agreements to sell 9.9% stake in Tata Technologies Ltd (TTL) for an aggregate consideration of...
EV maker VinFast to acquire its battery maker sibling VinES
Electric-vehicle maker VinFast Auto announced that it would acquire a 99.8% stake in battery maker VinES from its founder Pham Nhat Vuong as it...
JLR India reports best-ever H1 performance
JLR India reported its best ever H1 performance with record sales of 2,356 units and a YoY growth of 105% during the April –...
Honda to introduce Prototype Electric Autonomous Work Mower at Equip Exposition 2023
Honda announced it will display the all-electric prototype Honda Autonomous Work Mower (AWM), the company’s first battery-powered electric zero-turn riding (ZTR) mower, aimed at...
Hyundai, HMSI and VECV retain top spots in FADA Dealer Satisfaction Study 2023
The Federation of Automobile Dealers Associations (FADA), India's premier organization for automobile retail, recently unveiled the results of its comprehensive Dealer Satisfaction Study 2023....