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Tessolve Semiconductor Raises $75 Million from Vector Line Capital

Tessolve Semiconductor Raises $75 Million from Vector Line Capital

autherAngitha Suresh     calendar11 Oct 2026

The US-based semiconductor-focused investment firm marks its first India investment, joining existing backers TPG and Novo Tellus in the Bengaluru company.

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SJS Enterprises Subsidiary to Build New Manufacturing Facility in Pune
SJS Enterprises Subsidiary to Build New Manufacturing Facility in Pune

autherAngitha Suresh calendar11 Oct 2026

Walter Pack Automotive Products will consolidate three existing plants into a single facility at Koregaon Bhima, with ...

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Weekly News Wrap: Auto Growth Faces Rate Hike Test, E2W Sales Soar, Tata Sweetens Iveco Offer
Weekly News Wrap: Auto Growth Faces Rate Hike Test, E2W Sales Soar, Tata Sweetens Iveco Offer

By Darshan Nakhwa calendar11 Oct 2026

Higher borrowing costs and a tougher GST 2.0 base cloud the demand outlook, while EV sales accelerate and automakers a...

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MG Hector Tomahawk Named Official Car of ISL 2026-27
MG Hector Tomahawk Named Official Car of ISL 2026-27

autherShruti Shiraguppi calendar10 Oct 2026

The Player of the Tournament will receive a Hector Tomahawk, and each match’s standout performer will be named ‘MG Hec...

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McLaren to End 750S Production in 2027
McLaren to End 750S Production in 2027

autherShruti Shiraguppi calendar10 Oct 2026

McLaren is accepting final orders for the mid-engined V8 supercar, which is sold in India as a Coupe at Rs 4.94 crore ...

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Samvardhana Motherson Issues Rs 200 Cr Commercial Paper to Kotak Mahindra Bank
Samvardhana Motherson Issues Rs 200 Cr Commercial Paper to Kotak Mahindra Bank

autherShruti Shiraguppi calendar10 Oct 2026

The 83-day paper carries a 6.25% coupon and is listed on BSE, the company told the exchanges.

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Popular Vehicles Whole-time Director John K. Paul Resigns
Popular Vehicles Whole-time Director John K. Paul Resigns

autherShruti Shiraguppi calendar10 Oct 2026

Paul’s exit follows a family arrangement among the promoters, under which Francis K. Paul and Naveen Philip continue t...

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Federal-Mogul Goetze (India) Board Approves ₹335.1 crore Capacity Addition at Three Locations
Federal-Mogul Goetze (India) Board Approves ₹335.1 crore Capacity Addition at Three Locations

autherShruti Shiraguppi calendar10 Oct 2026

The company will add capacity at Bahadurgarh, Yelahanka and Bhiwadi within 18 months, funded through internal accruals...

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Mahindra Subsidiary to Sell 51% Stake in Novavayu Aerospace to Embraer
Mahindra Subsidiary to Sell 51% Stake in Novavayu Aerospace to Embraer

autherShruti Shiraguppi calendar10 Oct 2026

Embraer S.A. will acquire the stake under an Investment Agreement signed on October 9, and the transaction is expected...

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JM Frictech India Invests ₹50 Crore in Fourth Manufacturing Facility in Chandigarh
JM Frictech India Invests ₹50 Crore in Fourth Manufacturing Facility in Chandigarh

autherShruti Shiraguppi calendar10 Oct 2026

The facility is being commissioned in phases, starting with warehousing and logistics, and is expected to be fully ope...

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POLL OF THE MONTH

What will be the primary battery technology powering mainstream EVs five years from now?

What will be the primary battery technology powering mainstream EVs five years from now?

Lithium-ion

 

51.90%

Sodium-ion

 

17.09%

Solid-state

 

20.89%

None of the Above

 

2.85%

Not Invented Yet

 

7.28%

Total Votes : 316