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OHM GLOBAL MOBILITY
Ashok Leyland sharpens global plans, announces big new movesAshok Leyland share price: With capacity constraints in the Middle East, a new entry into Indonesia, and sustained investments in EVs, Asho...- Hinduja said to seek $200 million for Ashok Leyland’s electric mobility services unitAshok Leyland is exploring a $200 million funding round for its electric mobility unit, OHM Global Mobility. The Hinduja family's conglomer...
- Karnataka flags safety issues with e-mobility scheme, calls for stringent contract termsKarnataka's Transport Minister has raised serious concerns about electric buses operated by private firms in Bengaluru. Frequent breakdowns...
- BMTC rolls out 148 non-AC e-buses with safety, eco-friendly upgradesBengaluru Metropolitan Transport Corporation added 148 electric buses. Tata Motors supplied these non-AC buses. The buses operate under a G...
- Ashok Leyland secures order for 500 electric buses from Chennai MTCAshok Leyland's OHM Global Mobility will provide 500 electric buses to Chennai's Metropolitan Transport Corporation. These include 400 non-...
- IIT-incubated startup SustLabs aims for $100 million ARR in next five yearsSustLabs, founded by Kaushik Bose and Soumya Bhattacharya in 2016, provides an AI stack which makes energy meters smart which can sense and...
- Stocks in news: ITC, Vodafone Idea, IndiGo, ZEE, InfosysITC reported a 18% growth in net profit at Rs 4,903 crore in Q1. Revenue from operations declined 8% to Rs 15,828 crore. The net profit was...
- Ashok Leyland to fully acquire OHM India, to infuse Rs 300 crThe acquisition is a part of the company's EV strategy to engage in the business of eMaaS (e-Mobility as a Service). This would likely resu...
- Ashok Leyland's arm Switch Mobility to invest Rs 1,000 crore in electric vehicle plantThe plan is to set up 30,000 units of E-LCV capacity and 10,000 units electric buses that will help Ashok Leyland to cater to rising demand...
- Switch Mobility commits £300 million in UK and India, to create 4000 jobsOn Thursday, UK and Indian businesses confirmed more than £1bn in new investments, with Switch confirming its plans to invest £300m across ...
- Ashok Leyland in discussions to raise funds for e-mobility service arm Ohm along with EV subsidiary SwitchWhile the company was non-committal on the quantum of fund raise for Ohm, ET learns the company may be looking at raising anywhere between ...
- Ad giants' grip loosens; Indian VCs bet big on Web3Alphabet and Meta's local units accounted for more than 85% of the equalisation levy collected by India in the financial year 2020.
- Indian VCs bet big on Web3; crypto crimes to be non-bailable, says reportDespite the uncertainty around crypto – and thus blockchain technology – in India, Web3 firms are attracting attention – and big cheques – ...
- Ashok Leyland to transfer EV business to step-down armAlso, the board at its meeting held on Friday has approved the transfer of its eMaaS (e-mobility as a service) business for Rs 65 crore to ...
- Ashok Leyland to carve out two new units to strengthen green transport solutionsThe first unit -- Switch Mobility Automotive Ltd -- is being formed to carry on the electric vehicle strategy in India and forms part of it...
- 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...
- Stocks in the news: Eveready Ind, Lux Ind, Biocon, Endurance Tech, HDFC and Lakshmi Vilas BankVedanta board has approved second interim dividend of Rs 1.85 per equity share for FY 19.
- Atul Sobti to step down as Ranbaxy CEO & MD?Arun Sawhney, president global pharmaceutical business is seen as a contendor to take over Sobti's position. Sobti was more of an interim C...
- MTC implements mass PIS in ChennaiChennai would soon be the first city to get a mass passenger information system, in its public transport systems, in the country.
- MTC implements mass PIS in ChennaiThe state run passenger transport buses in the metro are being fitted with GPS (global positioning systems) that will enable passengers to ...
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