Euler Motors raises Rs 638 crore funding in round led by Hero MotoCorpEuler Motors has raised Rs 638 crore in Series D funding led by Hero MotoCorp, marking Hero’s entry into electric three- and four-wheelers....
Bajaj Auto shares up 1% as Rs 5,427 crore loan aids KTM bailout ahead of key deadlineBajaj Auto shares:Bajaj Auto International Holdings BV, a fully owned subsidiary of Bajaj Auto, has entered into loan agreements totaling €...
Hero MotoCorp to invest up to Rs 525 crore in Euler Motors for 32.5% stakeThe investment in the three-wheeled electric commercial vehicle maker will be made in one or more tranches. According to the company, the i...
Bajaj Auto inaugurates its first overseas manufacturing facility in BrazilBajaj Auto opened a new manufacturing plant in Brazil to produce Dominar models and expand its global presence with partners like KTM AG an...
Bajaj launching another Chetak electric scooter? Speculations rife after Co. files 'Vector' trademarkBajaj Auto, a prominent Indian two-wheeler manufacturer, has filed a trademark application for 'Vector' in India, fueling speculation about...
Motovolt acquires stakes worth 1 mn euros in German electric two-wheeler maker"The deal with eROCKIT is going to make a major impact on the Indian markets, and transform the two-wheeler segment. Our aim is to benefit ...
BMW sees robust demand for luxury vehicles in India. Here's whyBMW India reported record sales of 5,570 cars (including 379 units of MINI) in the country in the first half of the year. The company has p...
Minda surges 8% to 52-week high as firm inks manufacturing JV pact with FRIWO AG Germany“Based on our internal assessment based on which the board has approved the investment of Rs 390 crore we are looking at minimum of 3x-4x o...
Bajaj Auto, Pierer Mobility to strengthen e-mobility cooperationThe two companies have decided to jointly explore zero tailpipe emissions, low maintenance, and long-lasting benefits of light electric veh...
Bajaj Auto looking to swap stake in KTM for a share in its parentBajaj Auto and PMAG hold approximately 48 per cent and 51.7 per cent, respectively, in KTM AG Austria. Bajaj’s shareholding is through its ...
Transition to e-vehicles may take longer than 2030: TERI chiefBy 2030, the government aims to make India a 100-per cent electric-vehicle nation.
Continental opens electronic braking system manufacturing facility in ManesarContinental currently operates nine facilities in India – of these five are automotive and four are rubber plants. The Technical Centre has...
Forex traders facing a hard time as computers take overE-dealing, which accounted for 66 per cent of currency transactions in 2013, will increase to 76 per cent in 5 years
- RIL selects Foster Wheeler as contractor for Paraxylene project at Jamnagar in Gujarat
Reliance Industries today said it has selected Foster Wheeler as engineering and procurement service contractors for its Paraxylene project...
- TVS Motor rises 7% on tie-up buzz with BMW
TVS Motors Ltd rose over 7% in the opening trade following reports that the company is in talks with BMW Motorrad.
- HDFC ERGO General Insurance launches online home insurance product
HDFC ERGO General Insurance introduced HDFC ERGO Home Insurance Policy, a home insurance product on an online platform here today.
- Essar Projects eyes 3-fold rise in third-party contracts
Essar says its technology sourced from Foster Wheeler AG would allow coal-based generators to switch to different grades and categories of ...