In numbers: How cab aggregators are electrifying their fleetsWhile EV sales have been dominated by the personal use segment so far, can shared mobility platforms take volumes to the mass level? Lijee ...
12 Mar, 2023, 07.26 AM IST
Indian businesses seek government support to meet 2030 EV targetThis is the first collective push by companies in India to switch to clean mobility and comes weeks ahead of an United Nations' climate cha...
14 Oct, 2021, 02.11 PM IST
PumPumPum in talks to raise $10 million in Series A fundsThe company had raised Rs 5.5 crore from Inflection Point Ventures earlier this month in pre-series funding
21 Apr, 2021, 10.41 PM IST
Piaggio partners with financing startup for vehicle leasing plansThe facility, currently available for customers in Pune and Bangalore, allows leasing of Vespa or Aprilia scooters for low down payment and...
08 Sep, 2020, 06.07 PM IST
Equity rout derails IPOs from Spain to IndiaLodha has postponed an IPO, in which it had anticipated raising about Rs 5,500 crore.
15 Oct, 2018, 08.24 PM IST
Mahindra Electric ties up with Zoomcar to offer 100 EVs in DelhiMahindra Electric, the electric mobility portfolio of Mahindra & Mahindra (M&M), said the tie up is aimed at promoting shared and cleaner m...
10 Apr, 2018, 06.44 PM IST
Leasing firms want cess dropped on cars on-roadAll cars sold from July 1, including the smaller ones, will face a cess in addition to 28% GST. The cess will vary depending on size, engin...
30 Jun, 2017, 11.32 AM IST
Corporate executives rush to foreclose car leases before GSTCab aggregators such as Uber and Ola that have about 30,000 leased cars also face this threat. Lease rentals could rise by 25-30% in the GS...
26 Jun, 2017, 01.27 AM IST
Self-drive car rental startup Revv raises $9 million in equity and debt financingFounded in 2015 by Agarwal and Karan Jain, both formerly with McKinsey, Revv is currently present in four cities across the country – Delhi...
07 Dec, 2016, 03.24 PM IST
Cognizant to buy Dutch digital marketing and customer experience firmCognizant did not disclose the terms of the transaction. Mirabeau works with brands such as KLM, ING, Air France, Maxeda, MoneYou, LeasePla...
29 Nov, 2016, 04.52 PM IST
Ola inks pact with Nissan to lease cars to driver partnersOla today said it has signed an agreement with Nissan Motor India to procure cars for lending them to new drivers.
03 Nov, 2015, 06.22 PM IST
Ola to invest Rs 5,000 crore in cab leasing businessDrivers can lease a car for a deposit of Rs 35,000 and monthly lease payments (of about Rs 15,000) with option to own vehicle after 3 years.
14 Sep, 2015, 03.45 PM IST
Demand for car leasing market robust at 15-20%: Suvajit Karmakar, ALD AutomotiveALD Automotive manages a fleet in excess of 8500 vehicles catering to more than 650 corporate customers in over 250 locations across India.
23 Oct, 2013, 07.45 PM IST
- No takers for Air India's dry-lease plan
There seem to be no takers for the five Boeing 777s which the cash-strapped Air India is trying to dry-lease for 6-10 year period, apparent...
10 Sep, 2012, 06.23 AM IST
- BNP Paribas' sub Arval India to invest Rs 560 cr over 2 years
So far, the company that debuted in India in 2008, has invested close to Rs 150 crore and leased out 2,500 vehicles to Indian corporates.
12 Dec, 2010, 03.58 PM IST
- Jharkhand submits new ore lease plan on Arcelor project to govt
About 15 months after the Centre returned the proposal for prospecting licence of Karampada mines to ArcelorMittal, the Jharkhand governmen...
17 Feb, 2010, 01.26 AM IST
- Leased cars help in retaining staff
As corporate India outdoes each other on retaining employees, car leasing companies are cashing in on the trend.
07 Dec, 2007, 01.34 AM IST