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From axles to rare earth: India draws up list of 100 products it still can't make enough ofIndia is set to boost its manufacturing sector by identifying around 100 products for domestic production. This initiative aims to reduce r...
Trump-Tehran, EVangelist for Us – time to charge the battery techEven as conflict and chaos linger in West Asia, India is witnessing a happy confluence of choice, cause and cost. This is a once in a lifet...
No serious LPG supply shortage reported by auto component makers so far, says govtAddressing an inter-ministerial briefing here on the recent developments in West Asia, Additional Secretary in the Ministry of Heavy Indust...
Ola Electric’s market share halves in 2025 as legacy players tighten gripThe year 2025 marked a pivotal shift in India's electric two-wheeler market. After losing over half its market share, Ola Electric stepped ...
Parliament watch: AI push in steel, big PLI moves, loan sanctions, tariffs & moreParliament noted that steel PSUs are set to adopt more AI tools, Ola is expected to remain the main mover under the battery PLI scheme, the...
Ola Electric slips to fourth in September E2W sales as Bajaj reclaims second spotIndia's electric two-wheeler market saw a shift in September as Ola Electric dropped to fourth place, with Bajaj Auto rising to second. Ove...
Ola Electric shares rally 14% this week. Analysts see Rs 70 on the horizon despite risks. Should you buy now?Ola Electric’s shares surged 14% after securing Production Linked Incentive (PLI) certification for its Gen 3 scooters, boosting margins an...
Ola Electric shares rally 9% in 2 days after PLI nod sparks investor optimismOla Electric's share price has seen a sharp rally after the company received PLI certification for its Gen 3 scooter range. The approval is...
TVS tops electric 2W sales, Ather races past Ola Electric as Bajaj slips amid rare earth supply crunchLegacy player Hero MotoCorp landed in the fourth position, Bajaj slipped to the fifth spot in August electric two-wheeler rankings, as rare...
Rare earth magnet supply issues impact August e-scooter rankings: TVS on top, Ather switches gear to race past Ola ElectricRare earth magnet shortages have shaken up the electric two-wheeler market, impacting production and sales. TVS Motor remains the leader, b...
Bike taxis will start operating in Mumbai soon: Transport officialsBike taxis are coming soon to Mumbai. This will help Mumbaikars save time and money. The transport department has received applications fro...
Ola Electric secures PLI certification for Gen 3 range of scootersPer Ola Electric, the certification will help it move towards profitability from Q2FY26, as the incentives will strengthen its cost structu...
Hero MotoCorp, India's top two-wheeler maker, has a three-pronged strategy for the EV sectorHero MotoCorp, led by CEO Niranjan Gupta, aims to boost EV sales with strategic acquisitions. Gupta, with a 30% stake in Ather Energy, plan...
India to continue to attract eyes of foreign investors, though global uncertainties pose challengesSteps to promote ease of doing business, skilled manpower, presence of natural resources, liberal FDI policies, huge domestic market and pr...
FAME-II scheme: Govt to digitally monitor EV parts localisationMinistry of heavy industries secretary Arun Goel said the move would not only help establish an ecosystem for EV manufacturing in India but...
Centre extends PLI scheme application deadline for specialty steelIn 2021, the centre had approved the PLI scheme for specialty steel to be implemented over 2023-24 and 2029-30 with Budgetary provisions of...
Automated mechanism to capture domestic value addition data of approved PLI-Auto applicants: GovtThe government has launched the Automobile and Auto Component Industry in India (PLI-Auto) scheme with a budgetary outlay of Rs 25,938 cror...
India's imports from China increased 29% in 5 years: Centre in ParliamentOn whether the Government is taking measures to reduce dependence on imports from China, especially since the mid-2020 Galwan clash, MoS An...
From tax to sector specific initiatives, Budget wants to propel manufacturing growthThe concessional tax regime for new manufacturing companies mandated commencement of commercial production by March 31, 2023.
Unorganised players with cost edge lead the e-rickshaw raceAs per the Vaahan portal data, unorganised players sell 10,000 e-rickshaws a month costing as low as Rs 40,000 for an e-rickshaw against ab...