Rane (Madras) Limited has signed an agreement to acquire the friction materials business of Hindustan Composites Limited for an enterprise value of ₹370 crore, in a slump sale that will be executed as a going concern. The transaction has been structured as a Business Transfer Agreement and remains subject to regulatory approvals and other customary closing […]
Tata Motors has launched the all-electric Sierra.ev, reviving an iconic nameplate with a 500-plus kilometre real-world range, a 5.8-second sprint to 100 km/h, and an interior built more like a living room than a car. Bookings open, with prices starting at ₹18.79 lakh. Tata Motors has brought back one of its most beloved names — […]
Automobili Lamborghini India has announced the first delivery of the all-new Lamborghini Temerario in South India, marking a significant milestone for the brand in one of its most important markets. The delivery follows the arrival of the first Temerario in India earlier this month, underlining strong demand for Lamborghini’s newest High Performance Electrified Vehicle (HPEV) […]
Olectra Greentech Limited has reported its best-ever annual performance in FY26, delivering 1,280 electric vehicles — the highest since inception. Revenue grew 28% year on year to ₹2,312.17 crore, EBITDA rose 27% to ₹352.28 crore, and profit after tax increased 29% to ₹179.53 crore. Cumulative deliveries stood at 3,998 units as of March 31, 2026, […]
BMW Group India has launched the new X6 M60i xDrive in India, priced at ₹1,77,90,000 (ex-showroom). The performance Sports Activity Coupé (SAC) will be available as a Completely Built-Up Unit (CBU) and marks the arrival of one of BMW’s most powerful and visually commanding SUV-coupés in the Indian market. Mr. Hardeep Singh Brar, President and […]
Tata Motors Passenger Vehicles Ltd. (TMPV) and Tata Passenger Electric Mobility Ltd. (TPEM) have announced a strategic partnership with UCO Bank to provide customised inventory funding solutions for their authorised dealers. The MoU was signed in the presence of senior leadership from both organisations. The partnership aims to help dealers manage their working capital requirements […]
JRG Automotive Industries India Pvt. Ltd. and BOS GmbH & Co. KG of Germany have announced the formation of BOS-JRG Automotive Systems Pvt. Ltd., a joint venture combining German engineering with Indian manufacturing to serve the growing Indian automotive market. The venture will produce advanced automotive shading and cargo management systems, starting with Side Window […]
As governments prioritise food security and emerging economies ramp up investment in cold storage infrastructure, the cold chain industry is poised for a new era of growth. The global cold chain market is on a strong growth trajectory, valued at $276.5 billion in 2026 and projected to reach $455 billion by 2031, growing at a […]
Citroën India has launched the limited-run Aircross Comfort Edition, a value-enriched variant of its popular Aircross that brings premium leatherette interiors as standard across all trims — a segment-first move designed to democratise premium comfort for a wider set of Indian buyers. Introduced as part of Citroën’s 108th year celebration month, the Comfort Edition is […]
SWITCH Mobility, a global manufacturer of electric buses and light commercial vehicles and part of the Hinduja Group, has showcased a specially configured international variant of its flagship SWITCH EiV12 at an expo organised by the Global Organization of People of Indian Origin in Mauritius, held from June 17 to 21, 2026. The participation carries […]
Tsuyo Manufacturing Private Limited has announced the appointment of Mr. Prashant Ranjan as Director In-Charge — Sales and Service. The strategic appointment comes as the company continues to scale operations and strengthen its domestic presence to meet the rapidly growing demand for advanced electric mobility solutions across India. In his new role, Mr. Ranjan will […]
Chartered Speed Limited, one of India’s leading passenger mobility companies, has commenced electric bus operations in Shillong, Jaipur, and Bhilwara under the Pradhan Mantri e-Bus Sewa Scheme, marking a significant step in the company’s broader rollout of nearly 3,000 electric buses across 18 cities under the PM e-Bus Sewa and e-Drive Scheme. Once fully operational, […]
Ultraviolette has announced the launch of its new UV Space Station in Aizawl, marking the company’s entry into Northeast India and a significant milestone in its expanding national retail and service network. The new experience centre, established in partnership with dealer M/s. MSS Motors, will give customers across the region access to Ultraviolette’s performance electric […]
What began in 2015 with just 36 schools in Krishnagiri District, Tamil Nadu, has grown steadily into a programme that today reaches over 6,26,000 students across 4,585 government schools in more than 4,500 villages, spread across 25 districts in nine States. Ashok Leyland Foundation’s Road to School and Road to Livelihood programmes are on course […]
Maruti Suzuki India Limited has signed a Memorandum of Understanding with the Directorate of Employment and Training, Government of Gujarat, to set up Advanced Manufacturing Labs at Industrial Training Institutes in Palanpur, Bhavnagar, Surendranagar, Godhra, and Dahod. The initiative, developed under Maruti Suzuki’s CSR programme and aligned with the Government of India’s Skill India mission, […]