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Ola Electric board approves Rs 1,000 crore fundraise via rights issueThe issue will be offered to eligible shareholders as of a record date, which will be announced later, the filing said. The board is yet to...
Midwest Energy to set up Rs 250-crore rare earth magnet plant in HyderabadMidwest Energy is setting up India’s first sintered NdFeB magnet plant in Hyderabad, with commercial production expected to begin by mid-Oc...
US fuel economy standards: Trump admin set to roll out new regime for cars, light trucksThe Trump administration is set to announce relaxed fuel economy standards affecting gasoline cars and light trucks. These changes aim to l...
Sleeper bus fire safety concerns grow after 9 die in Delhi-Mahoba bus blaze: What retrofitting and overloading can changeSleeper buses traveling along highways are facing heightened scrutiny following a tragic fire incident that resulted in nine fatalities. Ex...
No valid PUC certificate? Delhi vehicles to face Rs 10,000 fine from October 1Starting October 1, vehicles in Delhi without valid Pollution Under Control certificates will face penalties and fines. Chief Minister Rekh...
Tata Motors PV eyes 15% market share soon, targets 20% by FY31, says MD Shailesh ChandraTata Motors Passenger Vehicles is approaching a 15% domestic market share and aims to reach 20% by FY31. The company plans to achieve subst...
Nitin Gadkari says, 'I travel in a hydrogen vehicle': Minister reveals hydrogen buses to be introduced on 10 routesNitin Gadkari said he travels in a hydrogen-powered Toyota Mirai as he highlighted the government's push for clean fuels, electric mobility...
Suzuki to cut vehicle development time by half by 2030; India capacity target at 4 millionSuzuki Motor Corporation plans to halve vehicle development times by 2030 as it overhauls manufacturing and engineering processes, targetin...
Ethanol can help raise farmers' income and reduce fuel imports: Nitin GadkariUnion minister Nitin Gadkari on Friday said greater ethanol use could boost farmers’ incomes and reduce India’s dependence on petroleum imp...
Ola Electric shares up 88% from record low: What’s behind the gains?Shares of Ola Electric surged by 2.5% after a streak of five days of increases, yet they remain below previous peaks. The company has earne...
Ola Electric to consider rights issue as it looks to raise fresh capitalThe proposed fundraise, which will be subject to regulatory and statutory approvals, comes weeks after the company’s board okayed plans to ...
- Hero Motors shares list at 2% discount on IPO price
The Rs 1,000 crore Hero Motors IPO was a book-built issue comprising a fresh issue of 7.14 crore shares aggregating to Rs 600 crore and an ...
Govt set to consider auto PLI applications with Chinese investment after FDI nodThe Indian government is likely to consider production-linked incentive applications from auto companies with Chinese investments. This dec...
JSW Greentech targets top three CV spot, 100,000 units by 2030Electric truck sales in the N3 category (12 to 55 tonne) rose from about 850 units in FY26 to around 1,300 in the first five months of FY27...
Tata Aeris launch on September 25: Tata's new sedan expected with CNG option, rivaling Maruti Suzuki Dzire, Hyundai Aura; may replace TigorTata Aeris (Google Trends): Tata Motors may introduce the updated Tigor compact sedan under the new Tata Aeris name on September 25. The se...
Hero Motors IPO allotment likely today; Check GMP and other key details — Here’s how to check status onlineHero Motors IPO investors await allotment after the Rs 1,000 crore issue was subscribed 6.6 times. Retail, NII and QIB participation stood ...
Hero Motors IPO Day 3 GMP: Issue subscribed over 6x, GMP at 7%. Check detailsHero Motors IPO GMP Today: Hero Motors IPO saw strong investor demand, oversubscribing 6.66 times by the final day. The issue is currently ...
Hero Motors IPO Day 2: GMP signals 16% listing gain. Should you subscribe?Hero Motors’ Rs 1,000 crore IPO received healthy investor interest, reaching 1.39-times subscription on its first day, led by retail invest...
Industry divided over lifting 60 kg cap for low-speed electric two-wheelersThe proposed rule change, which raises the motor power threshold from 250W to 600W while retaining the 25 kmph speed ceiling, has also trig...
Prashant Jain’s 3P India among anchors as Hero Motors raises Rs 300 crore ahead of IPOHero Motors secured Rs 300 crore from anchor investors before its upcoming IPO. The company plans to raise Rs 1,000 crore through a mix of ...