Ferrari's first all-electric car sells for record $40 million at auctionFerrari's first all-electric vehicle sold for forty million dollars at auction. This sale established a new record for the most expensive n...
17 Aug, 2026, 01.24 AM IST
AI’s volatile power demand is damaging its own data centersAI data centres’ volatile power demand is damaging batteries, turbines and other equipment, raising downtime costs, delaying projects and c...
10 Aug, 2026, 08.50 AM IST
Explained: Why aluminium is emerging as manufacturers' preferred alternative to copperRecord copper prices are accelerating manufacturers' shift toward aluminium, driven by lower costs and lighter weight. Automakers are expan...
04 Jul, 2026, 12.13 PM IST
Ferrari's Luce leads bold leap into uncertain electric eraFerrari is launching its first all-electric car, the Luce. This move comes as other sports car makers hesitate on EVs. The Luce, priced ove...
25 May, 2026, 12.35 PM IST
Royal Enfield plans to set up manufacturing facility in AndhraRoyal Enfield is investing Rs 2,500 crore to build a new manufacturing plant in Andhra Pradesh. This expansion will boost production capaci...
18 May, 2026, 08.18 PM IST
Ferrari eyes faster India expansion on back of EU-India FTA boostFerrari anticipates accelerated growth in India, driven by a significant reduction in import duties following the EU FTA. The company is en...
29 Apr, 2026, 12.16 AM IST
EV bike maker Ultraviolette raises $45 million from Zoho, Ferrari-owner Exor’s LingottoUltraviolette has raised $45 million from Zoho and Italy’s Lingotto to scale its F77 and X-47 electric motorcycles and develop new models, ...
04 Dec, 2025, 01.20 PM IST
Bengaluru gets a new Ferrari showroom: Netizens mock, 'Where are the roads to drive this?'Bengaluru's first Ferrari showroom has opened, sparking online reactions. Residents question the practicality of supercars in a city with p...
02 Apr, 2025, 03.31 PM IST
In India, young revving up demand for Lamborghini: Stephan WinkelmannLamborghini is experiencing strong sales growth in India, with young, aspiring Indians driving demand for its supercars. The company's CEO,...
22 Feb, 2024, 01.26 AM IST
Big opportunity in EV charging space in India: Shell mobility chief"One of the things you can do is to go into areas with EV charging where you are not there with fuel stations because in fuel stations, as ...
24 Sep, 2023, 11.59 PM IST
Ferrari backer, Qualcomm invests $24 mn in EV bike maker UltravioletteThe funds from Lingrotto and from Qualcomm will be deployed towards ramping up the company’s presence in India, subsequent expansion in int...
22 Nov, 2022, 10.50 PM IST
Ultraviolette Automotive raises undisclosed amount in fundingThe investment from Exor will be utilised in expanding the company's footprint pan-India, ramping up sales of the electric bike in the dome...
25 Aug, 2022, 02.23 PM IST
Pre-owned luxury car dealership Boys and Machines plans expansionBoys and Machines plans to underpin its ambitious growth goals by expanding its presence aggressively across India and plans to start opera...
25 Oct, 2021, 10.54 PM IST
Suits & Sayings: 150 CEOs hit Maldives, 1 tests Covid positive; biz tycoon’s 'Daddy issues' continue to haunt himThe guessing game has begun over the corporates that could potentially get the green light for bank licence applications in the new year.
28 Dec, 2020, 09.24 AM IST
Infor CEO Charles Phillips outlines growth strategy for India market“The company will be expanding the capacity of its Center of Excellence in Hyderabad to 3000 and open a new office by November", Infor CEO ...
28 Mar, 2019, 11.14 AM IST
Maruti Suzuki India now most expensive stock among global car companiesMaruti's current price multiple is at nearly 57% premium to its 10-year average fuelled by expectations of high volume growth and margin ex...
25 Oct, 2016, 10.22 AM IST
- Italian watch brand eyes India
The Indian market strategy is however to look at direct sales to dealers with a niche marketing strategy for the consumer.
20 Feb, 2007, 09.50 PM IST