| Date | Title | Description |
| 01.11.2024 | Green mobility gets a festival boost in October as total EV registrations soar past the 2-lakh mark | The festival month of October delivered a significant boost to green mobility, setting a new milestone in electric vehicle (EV) sales. The total monthly EV registrations (including all categories) surpassed a record-breaking 200,000 units. ... |
| 31.10.2024 | Two-Wheeler EV Sales Pick Up Pace In October; Ola Electric Regains Some Lost Market Share | SUMMARY
Electric two-wheeler registrations crossed 1.2 Lakh units in October this year from 90,350 units last month
After a steady decline in its registration in the last two months, Ola Electric’s volume jumped 49% to 36,865 units in Octob... |
| 27.10.2024 | Electric 2W sales surge past 1 lakh mark ahead of Diwali | The festive season is illuminating electric two-wheeler sales, with registrations already surging past the one lakh milestone just days before Diwali. This robust surge signals that October is on track to become the highest-selling month of... |
| 26.10.2024 | PTC's Bold Move: Investing $100 Million Annually in India | In the bustling landscape of global technology, PTC Inc. is making waves. The Nasdaq-listed software giant is set to invest $100 million annually in India. This decision marks a significant commitment to a country that has become a vital hu... |
| 24.10.2024 | TVS Motor Company: Riding the Wave of Growth and Innovation | TVS Motor Company is revving up for a promising future. With its roots deep in India, this two and three-wheeler manufacturer is eyeing growth in rural markets. The company is banking on the upcoming quarter to boost its performance, fueled... |
| 24.10.2024 | Morning Bid: Big Tech tanks, yen slide accelerates | Asian MarketsMorning Bid: Big Tech tanks, yen slide accelerates
By Jamie McGeeverOctober 23, 20249:46 PM UTCUpdated ago
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| 24.10.2024 | Nasdaq-listed PTC to Invest $100 Million Annually to Ramp Up Business in India PTC has a significant presence in India and expanding further. It currently has about 2,500 employees in India out of its... | Nasdaq-listed software major PTC Inc. will be investing US$ 100 million annually in India to ramp up operations in the country. PTC has been one of the earliest global tech companies to set up its office in India some three decades ago. PTC... |
| 23.10.2024 | TVS Motor expects ‘Bharat’ to drive industry growth in Q3 | TVS Motor Company, leading manufacturer of two and three-wheelers, expects to see continued improvements in two-wheeler demand in rural markets. The company projects high single-digit growth for the industry in the third quarter of this fis... |
| 22.10.2024 | TVS MOTOR COMPANY LAUNCHES THE ALL NEW TVS APACHE RTR 310 AT NATIONAL BIKERS WEEKEND IN SINGAPORE | Showcases the TVS Apache product portfolio –TVS Apache RTR 200 4V, TVS Apache RR 310 and TVS Apache RTR 310 motorcycles to the audience at National Bikers Weekend
SINGAPORE, Oct. 22, 2024 /PRNewswire/ -- TVS Motor Company (TVSM), a leading ... |
| 17.10.2024 | The Road Ahead: India’s Shift to Flex Fuel Vehicles and Bajaj Auto’s Financial Struggles | India is at a crossroads. The nation is shifting gears towards flex fuel vehicles, a move that promises to reshape its automotive landscape. Meanwhile, Bajaj Auto, a giant in the two-wheeler market, faces financial turbulence. These two nar... |
| 15.10.2024 | Nitin Gadkari meets automakers to review preparedness for launch of flex fuel vehicles | The Minister for Road Transport & Highways Nitin Gadkari on Tuesday met the Society of Indian Automobile Manufacturers (SIAM) to review the industry’s readiness for flex fuel vehicles.
The dialogue delved into how the industry is readyi... |
| 29.09.2024 | Auto component maker Bosch not yet eligible for PLI scheme: Government official | Auto components manufacturer Bosch has not met the minimum 50 per cent domestic value addition (DVA) requirement for the auto production linked incentive (PLI) scheme yet, disbursal for which will start from October.
“Companies who have ach... |
| 27.09.2024 | We plan to grow supply chain finance book, enter education loan market this fiscal: Shriram Finance CEO | Non-banking finance company (NBFC) major Shriram Finance aims to build up to ₹10,000 crore of supply chain finance loan book over the next 4-5 years and enter education loans market in the current fiscal, MD and CEO Y S Chakravarti tells bu... |
| 27.09.2024 | September Auto Sales: Will OEMs overcome pre-festive slowdown? | Jefferies expects a 10-13 percent on-year growth from Bajaj Auto and TVS.
Indian auto OEMs are gearing up to report their September sales volumes early next week. This time, September registrations will see an impact from the earlier festiv... |
| 23.09.2024 | myTVS Teams Up With MoEVing To Enter EV Mobility Service Market | SUMMARY
myTVS is launching mobility-as-a-service (MaaS) in partnership with EV startup MoEVing to cater to last-mile EV operators
myTVS plans to add 10,000 EV two-wheelers to its fleet by March next year, its managing director Srinivasa Rag... |
| 19.09.2024 | Export of electric bikes from India has lot of potential: Gadkari
India, US to promote sustainable aviation fuel and hydrogen in buses
Tuticorin Airport upgradation set for December completion
Airfare... | ECONOMY & POLICY Export of electric bikes from India has lot of potential: Gadkari
19 Sep 2024 2 Min Read CW Team
Union Minister Nitin Gadkari stated that exports of electric two-wheelers from India hold significant potential, particula... |
| 16.09.2024 | TVS Motor launches new TVS Apache RR 310 at starting price of Rs 2.75 lakh | TVS Apache RR 310 (File Image)
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The TVS Motor Company on September 16 launched the all new TVS Apache RR 310 – its flagship offering in the super premium... |
| 16.09.2024 | Premium bike segment rides high, poised for continued double-digit growth | , The premium motorcycle segment, encompassing bikes above 150cc, is expected to sustain its robust double-digit growth trajectory in the two-wheeler market over the next 2-3 years. This momentum will be fueled by a blend of factors, each c... |
| 14.09.2024 | Bhavani Srinivasaiah's Contributions to Engineering in Automotive and Healthcare Learn more about Srinivasaiah's career, the impacts she's made in both sectors and her potential to drive progress on a... | Although the healthcare and automotive sectors seem worlds apart, they are united by the common drive to innovate to meet society's evolving needs and overcome modern challenges.
While it's uncommon for any one person to make a marked impac... |
| 10.09.2024 | Innovation & Sustainable Practices To Drive India's Automobile Industry India's automotive future is bright, with innovative clean energy technologies and bio-fuels, reducing dependency on imports... | As we aim to transform India into a developed country by 2047, substantial effort is required across various sectors. The automobile industry is keeping pace and setting the standards: Contributing 6.8 per cent to the GDP and witnessing an ... |
| 09.09.2024 | New entrant Galaxy Health Insurance appoints former New India head as its MD & CEO | Galaxy Health Insurance Company Ltd, a standalone health insurer that received its IRDAI license in March 2024, has appointed G Srinivasan, former Managing Director of New India Assurance, as its MD and CEO.
The company was co-promoted by V... |
| 05.09.2024 | Rapido bags $200 mn in Series E funding, enters unicorn club | Ride-hailing platform Rapido on Thursday said it has raised $200 million in fresh funding as a part of its Series E round that valued it about $1.1 billion.
Its existing investor WestBridge Capital, which has also invested in several homegr... |
| 03.09.2024 | Urban Infrastructure and Economic Growth: A Comprehensive Overview of Recent Developments in India | In the ever-evolving landscape of urban infrastructure and economic growth, recent developments in India highlight a significant shift towards sustainability and modernization. The recent surge in investments, innovative projects, and strat... |
| 02.09.2024 | TVS Motor sales surge 13% to 3.91 lakh units in August
Ultratech secures $500 million sustainability-linked loan
GPT Infraprojects emerges lowest bidder for South Eastern rail project
Godrej Propertie... | ECONOMY & POLICY TVS Motor sales surge 13% to 3.91 lakh units in August
02 Sep 2024 1 Min Read CW Team
TVS Motor Company achieved a 13% increase in sales for August 2024, reaching a total of 3.91 lakh units. This growth highlights the c... |
| 02.09.2024 | Two-Wheeler EV Registrations Slip 18% MoM In Aug, Ola Electric Loses Market Share | SUMMARY
Total EV two-wheeler registrations fell to 88,473 units last month from over 1.07 Lakh units in July
Recently listed Ola Electric’s total escooter registrations slumped 34% MoM to 27,517 units in August
While TVS Motor’s registratio... |
| 01.09.2024 | TVS Motor sales up 13% in August at 3,91,588 units | TVS Motor Company on Sunday said its total sales increased 13 per cent year-on-year to 3,91,588 units in August as compared with the same month last year.
The company had dispatched 3,45,848 units to its dealers in the same month last year,... |
| 30.08.2024 | Narain Karthikeyan’s DriveX plans to more than double network & pre-owned 2W sales | Formula 1 racing driver Narain Karthikeyan-promoted DriveX Mobility Pvt Ltd, engaged in the procurement, refurbishment, and retailing of pre-owned multi-brand two-wheelers, is now entering its next growth phase. The start-up plans to more t... |
| 29.08.2024 | Electric Dreams and Financial Streams: India’s Economic Landscape Shifts | India is on the cusp of a transformation. The electric vehicle (EV) sector is buzzing with activity, and financial services are consolidating like never before. The government’s recent approvals for the productivity-linked incentive (PLI) s... |
| 27.08.2024 | Centre Energizes EV Sector with PLI Approvals
hBits Seeks SEBI License for Small and Medium REITs
JSW Neo Energy Wins 200 MW Wind-Solar Hybrid Project
Chatterjee Group Seeks Partnership with Indian Oi... | ECONOMY & POLICY Centre Energizes EV Sector with PLI Approvals
27 Aug 2024 2 Min Read CW Team
The government has approved 50 out of the 74 applications it received from automakers for its productivity-linked incentive (PLI) scheme aimed... |
| 23.08.2024 | The TVS Jupiter 110: A Bold Step into the Future of Commuting | The streets are buzzing with excitement. TVS Motor Company has unveiled the all-new Jupiter 110, a scooter that promises to redefine urban commuting. With a starting price of ₹73,700 (ex-showroom, New Delhi), this scooter is not just a vehi... |
| 23.08.2024 | The Electric Rollercoaster: Ola Electric's Market Struggles Amid Subsidy Uncertainty | The electric vehicle (EV) market in India is a thrilling ride, full of ups and downs. Ola Electric, once the undisputed champion of electric scooters, is now facing a steep decline. In just two months, its market share plummeted from 39% in... |
| 23.08.2024 | Ice Cream and Fintech: A Sweet Investment Landscape | In the world of investments, two stories recently emerged that showcase the diverse landscape of Indian startups. One is a scoop of creamy delight, while the other is a slice of digital innovation. Hangyo Ice Creams and TransBnk are making ... |
| 22.08.2024 | Hangyo Ice Creams raises Rs 211 crore from Faering Capital | ETtechPradeep Pai, MD, Hangyo
Mangaluru-based Hangyo Ice Creams has raised around Rs 211 crore from private equity firm Faering Capital.
Read More News on
hangyo ice creamsfaering capitalinvestmentgrowthexpansionprivate equity firmmanufactu... |
| 22.08.2024 | A New Era of Commuting Excellence: The All New TVS Jupiter 110 - Unparalleled Design, Performance, Comfort and Convenience | Bengaluru, Karnataka, India
A reimagined design exemplified by the infinity light bar, premium piano black contrast panels and a modern chiselled profile
Next-gen light weight, compact, futuristic engine - equipped with iGO Assist - offerin... |
| 22.08.2024 | TVS Motor launches an all-new Jupiter 110 to regain market share in the scooter market | TVS Motor Company, a leading two- and three-wheeler maker, has introduced an all-new version of its largest-selling automatic scooter – Jupiter 110 – at a starting price of ₹73,700 (ex-showroom, New Delhi) as the company seeks to reclaim it... |
| 21.08.2024 | Titan Capital closes Rs 200-crore fund to double down on existing portfolio startups | ETtechKunal Bahl (left) and Rohit Bansal
Seed-stage investor Titan Capital, founded by Snapdeal cofounders Kunal Bahl and Rohit Bansal, has raised Rs 200 crore for its new fund through which the firm will double down on its existing portfol... |
| 20.08.2024 | With no headwind on FAME-III, EV manufacturers concerned on festive sales post EMPS expiry on September 30 | With Electric Mobility Promotion Scheme (EMPS) expiring on September 30, electric two/three-wheeler manufacturers are concerned with no progress or announcement of the Faster Adoption and Manufacturing of Electric Vehicles (FAME-III) scheme... |
| 17.08.2024 | Ola Electric: Riding the Wave of E-Motorcycle Innovation | Ola Electric is making waves in the bustling Indian two-wheeler market. With a recent surge in valuation to nearly $7 billion, the company is positioning itself as a formidable player in the electric vehicle (EV) landscape. The launch of it... |
| 16.08.2024 | Ola Electric valuation soars to $7 bn on e-motorcycle launch, battery plan | Bhavish Aggarwal, CEO of Ola Cabs and founder of Ola Electric | Credit: Reuters/Francis Mascarenhas
India's top e-scooter maker Ola Electric Mobility surged 20% on Friday to reach a valuation of 586.64 billion rupees ($6.99 billion), after ... |
| 16.08.2024 | India's Ola Electric soars to $7 billion valuation on e-motorcycle launch, battery plan | BENGALURU : India's top e-scooter maker Ola Electric Mobility surged 20 per cent on Friday to reach a valuation of 586.64 billion rupees ($6.99 billion), after it launched a new line of motorcycles and on bets it will lower costs by using i... |
| 16.08.2024 | Fresh Bus Secures INR 87.5 Cr in Series A Round to Expand Electric Bus Network Fresh Bus will use its new funding to expand its route network with 15 additional routes and launch 150 electric buses. T... | Bengaluru-based intercity bus startup Fresh Bus has raised INR 87.5 crore (USD 10.5 million) in its Series A round led by international early-stage transportation-focused VC fund Maniv, with participation from Shell Ventures, Alteria Capita... |
| 14.08.2024 | Ather Energy: A New Unicorn in the Electric Revolution | Ather Energy has officially joined the unicorn club, a coveted status that signifies a valuation of over $1 billion. The Bengaluru-based electric scooter manufacturer secured $71 million from the National Investment and Infrastructure Fund ... |
| 14.08.2024 | TVS Credit Registers a Growth of 20% in AUM in Q1 FY25 Versus Q1 FY24 and has Served Over 1.5 Crore Customers Till Date | Bengaluru, Karnataka, India
TVS Credit Services Limited, one of India’s leading NBFCs, published its unaudited financial results for the quarter ended June 30, 2024. The Company reported Assets Under Management (AUM) of Rs. 26,351 Crore as ... |
| 14.08.2024 | ixigo-backed all-electric intercity bus startup Fresh Bus raised $10.5 M Series A funding | The international early-stage transportation-focused venture capital fund Maniv led a Series A funding round of Rs 87.5 crore ($10.5 million) for the all-electric intercity bus startup Fresh Bus. Other investors in the round included Riverw... |
| 13.08.2024 | The Electric Surge: Kazam and Ola Electric Lead India's E-Mobility Revolution | India is on the brink of an electric revolution. The streets are buzzing with electric vehicles (EVs). Two players are at the forefront: Kazam and Ola Electric. Both are redefining the landscape of e-mobility in the country. Their recent mo... |
| 13.08.2024 | Ather enters unicorn club with fresh funding from NIIF | Ather electric scooters are seen outside the showroom in Mumbai, India | Credit: Reuters
Electric scooter maker Ather Energy has made its entry into the unicorn club, securing $71 million (Rs 596 crore) in fresh capital from India's quasi-s... |
| 13.08.2024 | Fresh Bus raises Rs 87.5 Cr in Series A round led by VC fund Maniv
Recommended Stories For You | Bengaluru-based intercity bus startup Fresh Bus has raised Rs 87.5 crore ($10.5 million) through its Series A funding round. The round was led by international early-stage transportation-focused VC fund Maniv, with participation from Shell ... |
| 12.08.2024 | Kazam Secures USD 8 Mn in Series A3 Round Led by Vertex Ventures Southeast Asia and India for E-Mobility Expansion The Bengaluru-based startup aims to deploy the raised funds to bolster its technology... | E-mobility startup Kazam has announced the raising of USD 8 million in a Series A3 round led by Vertex Ventures Southeast Asia and India. The round also saw participation from Avaana Capital, Alteria Capital, and several other notable inves... |
| 12.08.2024 | Ultraviolette's F77 MACH 2 Makes Waves as a Masterpiece in the World's Deepest Pool | Bangalore, Karnataka, India
In a proud moment for the Indian automotive industry, the Ultraviolette F77 Mach 2 has become the first electric motorcycle in the World, to be bestowed the honour of a showcase in the World’s Deepest Pool - in D... |
| 09.08.2024 | SoftBank-backed Ola Electric jumps 20% after flat debut | Bhavish Aggarwal, CEO of Ola Cabs and founder of Ola Electric | Credit: Reuters/Francis Mascarenhas
Ola Electric Mobility's shares surged 20% on their Mumbai trading debut on Friday, valuing the company at $4.8 billion, as investors bet on ... |
| 08.08.2024 | TVS Motor Company: Riding the Wave of Innovation and Growth | TVS Motor Company is revving up its engines, steering through a landscape of innovation and financial success. The company, a titan in the two and three-wheeler segments, is not just keeping pace; it’s setting the rhythm. With the recent la... |
| 08.08.2024 | TVS Motor Company Introduces New Colours to TVS NTORQ Lineup | Bangalore, Karnataka, India
TVS Motor Company (TVSM), a leading global automaker that operates in the two and three-wheeler segments, today announced the launch of new colour variants to the TVS NTORQ 125 and the Race XP series. The new opt... |
| 07.08.2024 | Indian auto companies will produce 100% ethanol-run cars
Akasa targets place among op 30 airlines by 2030: CEO Dube
Kavach to run on Delhi-Mumbai and Delhi-Howrah Lines by March 2025
Rapid Metro Gurga... | ROADS & HIGHWAYS Indian auto companies will produce 100% ethanol-run cars
07 Aug 2024 2 Min Read CW Team
The Union Minister of Road Transport and Highways, Nitin Gadkari, said that many Indian companies are setting up plants to produce ... |
| 06.08.2024 | TVS Motor Continues Strong Growth Momentum; Records Highest Revenue, EBITDA and PBT in Q1 | Bengaluru, Karnataka, India
TVS Motor Company’s Revenue from Operations in the quarter ended June 2024 is higher at Rs. 8,376 Crores, grew by 16% as against Rs. 7,218 Crores in the quarter ended June 2023. The Company posted its highest eve... |
| 05.08.2024 | Indian e-scooter maker Ola Electric's $734 million IPO fully subscribed | BENGALURU :Ola Electric's $734 million initial public offering (IPO) was fully subscribed on the second day of bidding, reaching the target amid a sharp sell-off in global equity markets.
The SoftBank-backed company's IPO, the first by an e... |
| 01.08.2024 | TVS Motor Company's Sales Grow by 9% in July 2024 | Bengaluru, Karnataka, India
TVS Motor Company recorded monthly sales of 354,140 units in July 2024 with a growth of 9% as against 325,977 units in the month of July 2023.
Two-Wheeler
Total two-wheelers registered a growth of 9% with sales i... |
| 01.08.2024 | Maruti, Hyundai, Tata domestic sales decline in July on yearly basis | The domestic passenger vehicle (PV) wholesale (dispatches to dealers) in July saw major companies including Maruti Suzuki India (MSIL), Hyundai Motor India (HMIL) and Tata Motors reporting negative sales as compared to the same month last y... |
| 30.07.2024 | TVS SCS reports consolidated Q1FY25 PAT at ₹7.50 crore | TVS Supply Chain Solutions Ltd, the Chennai-based global supply chain solutions provider reported a consolidated net profit of ₹7.50 crore for the first quarter ended June 30, 2024, compared to a loss of ₹65.26 crore, including ₹14.10 crore... |
| 30.07.2024 | Ola Electric’s IPO to be launched on August 2 | The electric mobility company Ola Electric revealed that the issue will open to the public on August 2 and close on August 6, with the anchor book for the offering scheduled to launch on August 1.
Ola Electric filed the DRHP to raise Rs 5,5... |
| 27.07.2024 | Ola Electric IPO to open for public on August 2 | EV maker Ola Electric’s initial public offering (IPO) will open for retail subscription on August 2 and the public offering will value the company between $4.2 billion to $4.4 billion.
The IPO will close for retail subscriptions on August 6... |
| 26.07.2024 | Global Obstacle Course Race, 'SPARTAN Race' Arrives in India as TVS Apache Spartan: Sign Up Now | Mumbai, Maharashtra, India
Spartan Race, the world leader in obstacle course racing, offering the ultimate test of endurance, strength, and determination, makes its grand entry in India with registrations now open. The inaugural season titl... |
| 26.07.2024 | Understanding Customer Needs Key To Sustainable Business: EV Experts MediaTek and JioThings have jointly launched an indigenously made Internet of Things (IoT) platform for the electric two-wheeler ma... | The electric vehicle start-ups have to understand the customer needs to make a mark in this ever evolving industry. One has to understand that rolling out only 200 or 500 vehicle will not make a profitable sustainable business, Uday Narang,... |
| 25.07.2024 | AI Integration and New-age In-Vehicle Technologies the Next Gamechanger in the Automotive Sector | New Delhi, Delhi, India
Emerging technologies such as ADAS, AI, cybersecurity for software-defined vehicles, electric vehicles, in-vehicle connectivity, and connected vehicles are at the forefront of the automotive industry, according to in... |
| 18.07.2024 | TVS Motor Company to Invest in Norton: British Classic Set for New Markets Chennai-based motorcycle manufacturer TVS Motor Company is investing USD 260 Million (£200 million) in the iconic British mot... | Chennai-based motorcycle manufacturer TVS Motor Company is investing USD 260 Million (£200 million) in the iconic British motorcycle brand Norton Motorcycles.
The funds raised by the Solihull-based Norton will be used for new product develo... |
| 15.07.2024 | India’s eco-manufacturing shift: From trend to necessity with no shortcuts | - |
| 13.07.2024 | EV Companies Should Invest Into Supply Chain: Bhavish Aggarwal His comments came after Zerodha co-founder Nikhil Kamath took a light-hearted dig at Ather Energy's marketing strategy. Kamath appreciate... | Ola CEO Bhavish Aggarwal said that electric vehicle manufacturers should save money and invest it into the supply chain that will boost the sales.
He took to microblogging site 'X' on Friday to give advice to EV companies that invest heavil... |
| 01.07.2024 | TVS Motor Company's Sales Grow By 5% in June 2024 | Bengaluru, Karnataka, India
TVS Motor Company recorded monthly sales of 333,646 units in June 2024 with a growth of 5% as against 316,411 units in the month of June 2023.
Two-Wheeler
Total two-wheelers registered a growth of 6% with sales i... |
| 26.06.2024 | Ather Energy To Set Up Third Manufacturing Facility In Maharashtra As EV Sales Rise | SUMMARY
Ather said that the new plant will allow it to get closer to more markets in the country, thereby reducing logistics cost and decreasing delivery times
The IPO-bound startup currently has two manufacturing facilities in Tamil Nadu f... |
| 25.06.2024 | IPO-bound Ather converts itself into public entity | Electric scooter manufacturer Ather Energy has converted itself into a public company. This marks the company’s concrete step towards a definitive initial public offering (IPO) plan.
The board at Ather has approved the resolution to change ... |
| 24.06.2024 | bl interview: Castrol India sees value segments pushing topline growth | Premium lubricants maker Castrol India has made a foray into the more affordable lubes segments as it seeks to increase its top line growth, while keeping margins stable, a top official said.
“One of the shifts we’re making is to cater to a... |
| 22.06.2024 | TVS Motor Company to Partner With CSC Grameen eStores for its Commercial Vehicle Range | Bengaluru, Karnataka, India
TVS Motor Company (TVSM), a leading global manufacturer in the two and three-wheeler sector, today signed an agreement with CSC Grameen eStores for its commercial vehicle range (3-Wheelers). The partnership will ... |
| 21.06.2024 | TVS Motor inks pact with CSC Grameen eStores for sale of its 3Ws | TVS Motor Company has signed an agreement with CSC Grameen eStores for its three-wheelers. The partnership will enable CSC Village Level Entrepreneurs (VLEs) to serve as a touchpoint for the company’s three-wheelers.
VLEs will facilitate th... |
| 19.06.2024 | Top Four Electric Scooters in India in 2024 | Share
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The Indian transportation landscape is undergoing a thrilling shift towards electric vehicles. Electric scooters, in particular, are gaining immense popularity due to their affordability, environmental benefits... |
| 18.06.2024 | Growth in two-wheeler sales signifies revival of rural India: FADA President | Growth in two-wheeler sales signifies the revival of rural India and it is also important to note that since last festivities, the industry is seeing a consistent growth in the two-wheeler market, even though the sales have declined on a mo... |
| 14.06.2024 | Prior to its IPO, Ola Electric raised Rs 100 Cr in debt | Alteria Capital has provided debt totalling Rs 100 crore, or roughly $12 million, to Ola Electric, which is preparing for an IPO. This is the company’s second round of debt funding for 2024; it is based in Bengaluru.
According to regulatory... |
| 08.06.2024 | Sachin Bansal Exits Ather, Sells Stake To Hero MotoCorp & Nikhil Kamath | SUMMARY
Bansal exited Ather by selling his remaining 7.5% shareholding in Ather, which was lapped up by Hero MotoCorp (2.2%) and Zerodha cofounder Nikhil Kamath (5.3%)
Sachin Bansal was one of the first investors in Ather and had invested n... |
| 07.06.2024 | After 4X growth in FY23, Ather Energy’s revenue declines in FY24 | Following over four-fold growth during the financial year ending March 2023, electric scooter manufacturer Ather Energy saw a modest 1.5% decline in scale during the previous fiscal year (FY24).
Ather’s revenue from operations decreased to ... |
| 07.06.2024 | Hero MotoCorp invests ₹124 cr to pick up 2.2% additional stake in Ather Energy | Two-wheeler major Hero MotoCorp has invested ₹124 crore in electric scooter maker Ather Energy to pick up a further 2.2 per cent stake.
With the funding, Hero MotoCorp, which was the largest shareholder in Ather Energy, now holds nearly 39 ... |
| 07.06.2024 | Ather’s FY24 Turnover Sees Marginal YoY Decline Despite Rise In EV Sales | SUMMARY
Ather Energy’s turnover stood at INR 1,753.8 in the year ended March 31, 2024, a decline of 1.5% from INR 1,780.9 Cr in FY23
The disclosure was made in Hero MotoCorp’s exchange filing, in which it informed about buying an additional... |
| 07.06.2024 | Hero MotoCorp invests Rs 124 Cr in Ather Energy, now controls nearly 42% stake | Hero MotoCorp has approved the purchase of an additional 2.2% stake in the electric scooter maker Ather Energy for about Rs 124 crore (approximately $15 million). This is the third investment from Hero MotoCorp in the Bengaluru-based compan... |
| 05.06.2024 | Auto shares rally up to 9%; Bajaj, Hero MotoCorp, M&M, TVS hit record highs | - |
| 05.06.2024 | TVS Motor Company announces sponsorship agreement with Angkor Tiger FC | overB Co., Ltd.
TVS Motor Company announces sponsorship agreement with Angkor Tiger FC ……
Wednesday, June 5, 2024: TVS Motor (TVSM) announced a partnership with Angkor Tiger FC, a member of the Cambodian Premier League and based in Siem Rea... |
| 05.06.2024 | TVS Motor announces pact with Angkor Tiger Football Club | TVS Motor Company, a leading two and three-wheeler maker has announced a partnership with Angkor Tiger Football Club, a team in the Cambodian Premier League (CPL) based in Siem Reap, renowned globally for the UNESCO World Heritage site, Ang... |
| 05.06.2024 | TVS Motor Company announces sponsorship agreement with Angkor Tiger FC | - |
| 03.06.2024 | India's May factory growth slips to 3-month low, but remains sturdy: PMI | - |
| 03.06.2024 | Maruti Suzuki, M&M, NMDC, TVS Motor among 10 stocks to watch on June 3 | - |
| 01.06.2024 | Ather Energy's Electric Ride to Funding Success | Ather Energy, the electric scooter manufacturer, recently secured a hefty $34.5 million in debt and equity funding. This funding round marks a significant milestone for the Bengaluru-based company, as it gears up for potential unicorn statu... |
| 01.06.2024 | Maruti, Hyundai, Tata see marginal growth in May sales | Maruti Suzuki India (MSIL), the country’s largest passenger vehicles maker, on Saturday reported total domestic wholesales (dispatches to dealers) of 1,44,002 units in May, a year-on-year (Y-o-Y) marginal growth as compared with 1,43,708 un... |
| 01.06.2024 | TVS Motor Company's May 2024 Sales Registers Growth of 12% | Bengaluru, Karnataka, India
Exports grew by 27%
Domestic sales up by 7%
TVS Motor Company registered a sales growth of 12% increasing from 330,609 units in May 2023 to 369,914 units in May 2024.
Two-Wheeler
Total two-wheelers registered a g... |
| 01.06.2024 | Planview CEO Razat Gaurav plans to double or triple India business in 3-5 years citing biggest opportunity in BFSI | Planview, a Texas-headquartered global enterprise SaaS company, is looking to grow its presence in India and has outlined an investment of $125 million over the next 5 years, with the belief that the country will be a great growth driver fo... |
| 31.05.2024 | India's First Electric Vehicle Index Launched The new index is expected to act as a benchmark for asset managers and be a reference index tracked by passive funds in the form of Exchange Traded Funds ... | - |
| 31.05.2024 | Scorching heat may be blighting India's road to becoming a developed nation | - |
| 31.05.2024 | NSE launches India's first EV index: Check details on firms, ranking | - |
| 31.05.2024 | Ather Energy raises Rs 286 crore from founders and Stride Ventures | AgenciesTarun Mehta, cofounder and CEO, Ather Energy
Electric scooter maker Ather Energy has raised Rs 286 crore ($34 million) from its founders and Stride Ventures in a mix of debt and equity funding.
Elevate Your Tech Prowess with High-Va... |
| 31.05.2024 | May sees electric two-wheeler sales revving up, led by Ola Electric | - |
| 30.05.2024 | Nifty Auto, Energy indicate bearish trend on charts: key levels here | - |
| 29.05.2024 | EV incentive scheme FAME 3 to roll out with Rs 10,000 crore outlay | - |
| 22.05.2024 | Affordable mass electric vehicles key to unlocking demand in Indian market | - |
| 17.05.2024 | IEX reports 13.7% spike in annual volume; 110.1 billion units in FY24
IEX Q4 Net Profit Grows 9.5%
IEX Records Surge in April Trading, PRICES Plummet
IEX trades up 285% YoY
TVS Motor Unveils Electric ... | ECONOMY & POLICY IEX reports 13.7% spike in annual volume; 110.1 billion units in FY24
17 May 2024 2 Min Read CW Team
The Indian Energy Exchange (IEX) disclosed a notable 13.7% uptick in total volumes, reaching 110.1 billion units (BU) ... |
| 17.05.2024 | Thiruvananthapuram's First Cycle Track Nearing Completion
SCTL hastens multi-level car park projects
Kerala's Capital to Witness Metro Revolution
Thiruvananthapuram Station: Airport-like RVNL Renovati... | ECONOMY & POLICY Thiruvananthapuram's First Cycle Track Nearing Completion
17 May 2024 2 Min Read CW Team
Thiruvananthapuram, the capital city of Kerala, is set to unveil its maiden cycle track, scheduled to be completed by next month. ... |
