Company News

CFO to CEO: What Balaji's rise signals for global leadership and India Inc's ascent

P B Balaji's ascent to the CEO office at Jaguar Land Rover is not merely a celebration of individual achievement—it is an affirmation of a new archetype of leadership. He is not a corporate warrior in the traditional sense, nor a visionary tech maverick.

26 days ago

VinFast doubles down on India with showroom and assembly plant in Tamil Nadu

VinFast has officially inaugurated its first electric vehicle assembly plant outside Vietnam in Tamil Nadu, just days after launching its largest showroom in India, marking a major leap in its expansion into the Indian EV market.

27 days ago

Hyundai Motor India to hike prices up to Rs 25,000 across models from Jan 1

Hyundai Motor India Limited (HMIL) on Thursday announced to increase prices across its model range effective from January 1, 2025, owing to an increase in input costs and other factors.

Dec 5, 2024

Maruti Suzuki India's sales down 3.9 pc in August, Kia India logs 17.1 pc growth

Maruti Suzuki India sold a total of 1.82 lakh units in August, down nearly 3.9 per cent (year-on-year) from 1.89 lakh units in the same month last year.

Sep 1, 2024

Ola Electric sold over 8K e-scooters to its parent firm till Dec 2023: Report

In a significant development in the Indian electric vehicle (EV) market, Ola Electric, under the leadership of Bhavish Aggarwal, has reportedly sold over 8,200 scooters to its parent company, ANI Technologies, by December 2023.

Jan 11, 2024

For EVs to contribute to India's net zero goals, integrated action called for

If electric vehicles (EV) have to contribute to India's goal of net zero emissions by 2070 then an integrated action is needed failing which there will be only shifting of emissions from tailpipes to power plant chimneys, said industry officials.

Oct 15, 2023

Tata Motors subsidiary to operate 921 electric buses in B'luru

Tata Motors, India's largest commercial vehicle manufacturer on Friday announced that Bengaluru Metropolitan Transport Corporation (BMTC) has signed a definitive agreement with its fully owned subsidiary, TML Smart City Mobility Solutions Ltd. for operation of 921 electric buses in the capital city of Karnataka

Dec 17, 2022

Who was Vikram Kirloskar; Toyota Kirloskar Motor Vice Chairman passes away [reactions]

In shocking news, Vice Chairman of Toyota Kirloskar Motor Vikram Kirloskar died Tuesday aged 64. He suffered a heart attack.

Nov 30, 2022

Ather Energy 450X Gen 3 to be available on Flipkart; no change in offline availability [details]

Flipkart and Ather have entered into a partnership to launch the all-new Ather Energy 450X Gen 3 e-bikes on the e-commerce platform.

Sep 29, 2022

First look at Ola's electric car design; CEO Bhavish Aggarwal gets netizens excited [details]

Ola Electric is riding on the success of its S1 and S1 Pro e-bikes and now wants to venture into electric cars. CEO Bhavish Aggarwal has a pleasant surprise for Indians.

Jan 25, 2022

Elon Musk fails to reason with Indian govt on Tesla launch; goes complaining on Twitter [details]

Elon Musk has always blamed the Indian government's policies for giving up on his India dreams and also criticised the FDI norms for the delay in the electric car maker's entry into the Indian market.

Jan 13, 2022

Jaguar will only have electric luxury cars by 2025; phase out diesel powertrain by 2026

Jaguar becomes the biggest legacy OEM to commit its future to fully-electric cars, following the footsteps of Rolls-Royce and Bentley.

Feb 15, 2021

Tesla doesn't want to deal with press at all; Musk sets dangerous precedent

Tesla has set a dangerous precedent by dissolving its global PR team, leaving journalists with no way of contacting the world's most valuable automobile brand except for tweeting to Elon Musk or sending a DM to Tesla Twitter.

Oct 13, 2020

Govt permits sale of EVs without batteries; reason behind puzzling decision

The aim is to boost EV adoption in the country by reducing the cost of ownership. The cost of the battery is about 30-40 percent the cost of the vehicle.

Aug 13, 2020

Tesla 3's India launch 'should be hopefully soon', Elon Musk says

The Indian EV market is is still niche, but come 5 years, it could become a manufacturing hub.

Jul 10, 2020