Kinetic Engineering to raise Rs 54 cr to fund expansion and invest in EV...

Kinetic Engineering Limited, in its recently concluded board meeting, has approved the raising of over Rs 54 crore from various available sources including from...

Sanjay Kaul appointed to rejig SMEV and to tide over current crisis

Industry body Society of Manufacturers of Electric Vehicles on last week said it is temporarily suspending its present constitution while appointing Sanjay Kaul as...

Maruti Suzuki to double its turnover by 2031

Maruti Suzuki, the country's largest automobile manufacturer, is looking to double its turnover by 2031 and, to achieve this, will invest heavily in new...

DGGI seeks higher GST from auto parts makers

Goods and services tax authorities have raised higher tax demands to several automotive component manufacturers, citing a Supreme Court judgement regarding a company owned...

Maruti Suzuki begins export of Fronx

Maruti Suzuki has initiated exports of its newly launched sporty compact SUV, Fronx. The first batch of 556 vehicles was shipped from Mundra, Mumbai...

AMF1 Team and Valvoline Global Operations announce Strategic Partnership

Aston Martin Aramco Cognizant Formula One Team (AMF1 Team) and Valvoline announced a long-term technical and brand partnership. Valvoline Global becomes AMF1 Team's Official Lubricant...

India Inc puts pay hikes in top gear as profits surge

As sales at Maruti Suzuki, Tata Motors, Hyundai Motor India and Hero MotoCorp rise, these companies are rewarding their employees with salary increases averaging...

Toyota announces ‘Monsoon Magic” Campaign in the Western Region

Toyota Kirloskar Motor (TKM) has announced its ‘Monsoon Magic with Toyota’ to offer a wide range of exclusive discounts and benefits to ensure a...

Tata Motors to increase prices across PV range by about 0.6% from July 17,...

Tata Motors, India’s leading vehicle manufacturer, has announced that it will increase prices of its passenger vehicles (ICE and EVs), effective July 17, 2023,...

Government plans rating of cars from October

The road transport ministry has finalised India's own regime of star rating of cars on safety parameters, BNCAP, and has proposed to start it...