Hinduja Tech in Talks with PE Funds for Minority Stake SaleHinduja Tech (HTL), the digital technology arm of Hinduja Group's flagship company Ashok Leyland, is in early talks with private equity fun...
27 Nov, 2023, 11.28 PM IST
Automakers' drive to avoid China's EV rare earth dominance gathers speedAutomakers have mostly relied on motors with rare earth-based permanent magnets, which have been the most efficient at providing the torque...
14 Nov, 2023, 11.42 AM IST
Tata seeks partnerships for UK battery plant to supply Jaguar Land Rover EVs“If you look at the startups that are working in this space, they are at the forefront of technology,” Tata Motors Group Chief Financial Of...
21 Aug, 2023, 07.53 AM IST
A second life for EV batteries? Depends how long the first isThe increasingly common idea of "second-life" energy storage using old electric vehicle batteries is running up against headwinds as a lack...
26 Jun, 2023, 11.42 AM IST
European stocks slip again with tech under pressureThe pan-European STOXX 600 index slipped 0.4% by 0814 GMT, with Asian stocks also under pressure as investors braced for a hawkish update f...
24 Jan, 2022, 02.13 PM IST
Switch Mobility closing in on $200 million fund raise, says Dheeraj HindujaThe fundraise will meet the investment requirement of over $500 million in the next 3-5 years for Hinduja Group EV endeavours. The money wi...
24 Jan, 2022, 10.34 AM IST
Ford to invest around $300 million to build electric car parts at UK plant; set to produce 250,000 power units within a yearThe government is contributing to the investment through its Automotive Transformation Fund as brands intensify their electrification plans...
18 Oct, 2021, 11.50 AM IST
Ashok Leyland COO Nitin Seth resignsNitin Seth managed over 50% of the volumes of Ashok Leyland's business and all four businesses headed by him roughly accounted for 40% of t...
01 Sep, 2021, 01.19 PM IST
Nissan to make new electric cars, batteries in BritainNissan said Thursday it will build a new all-electric crossover sport utility vehicle at the company's plant in Sunderland, creating more t...
01 Jul, 2021, 07.11 PM IST
Ashok Leyland to sell small stake in EV arm for up to $300 millionFeelers have gone out to Middle East sovereign wealth funds such as Mubadala Investment Company, Qatar Investment Authority and Saudi Arabi...
15 Dec, 2020, 07.34 AM IST
Stocks in the news: Bharti Infratel, Ceat, ONGC, Oil India, Reliance Capital and Snowman LogisticsBharti Airtel has raised its stake in tower unit Bharti Infratel by 4.94 per cent via open market block deals, paying an average Rs 2,882.3...
03 Dec, 2020, 07.53 AM IST
Auto industry warns of 'seismic' no-deal Brexit shockThanks to the EU's single market, automakers have supply chains that criss-cross the Channel and Britain is the destination of around 10 pe...
23 Sep, 2019, 06.21 PM IST
How can Modi manage to make an upset Nissan happy? Here's the answerThe Japanese automaker has begun international arbitration against India to seek more than $770 million in a dispute over unpaid state ince...
02 Dec, 2017, 03.56 PM IST
UK government must support enterprise: Lord Swraj PaulLord Paul praised a "heartening" recovery in the economy but warned that the "growth will continue to struggle".
17 Jan, 2014, 01.06 PM IST
UK government must support enterprise: NRI industrialist Lord Swraj PaulLeading NRI industrialist and peer Lord Swraj Paul today called on the UK government to support enterprise to maintain the upturn in the ec...
17 Jan, 2014, 12.12 AM IST
- Tata Chemicals buys US firm for $1 bn
Tata Chemicals has entered into a definitive agreement to buy the soda ash business of US-based General Industrial Products for $1 billion....
01 Feb, 2008, 01.09 AM IST
- Ghosn aura fades as Renault loses ground to rivals
Renault shareholders are losing patience with chief executive officer Carlos Ghosn, who plans to revive profit at France’s second-biggest c...
10 Sep, 2007, 02.38 AM IST