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Nandan Nilekani backed Divgi TorqTransfer floats IPO to raise funds amidst bruises from Russia and China exports

autherAutocar Professional Bureau     calendar27 Feb 2023

The company is looking at a capex of around Rs 150 crore, out of which about Rs 36 crore is expected to be spent in FY2024 while the remaining Rs 114 crore is likely to be spent in FY2025 which will be used for machinery purchases, and othe...

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Shriram Automall's 120-city SAMIL utsav generated over Rs 185 crore

autherAutocar Professional Bureau calendar27 Feb 2023

In a statement, the company claimed that footfalls surpassed 25,000 on its 12th business anniversary, which was held i...

Yulu plans to invest $500 million in three years, eyes 10X growth in revenues

By Ketan Thakkar calendar27 Feb 2023

With its 3rd gen products ready, Yulu aims to quickly ramp up its fleet to 1 lakh and diversify business models by add...

BMW rolls out iX5 Hydrogen pilot fleet

autherAutocar Professional Bureau calendar27 Feb 2023

The fleet of under 100 vehicles to be employed globally for demonstration and trial purposes, paving the way for poten...

Gadkari to engage with stakeholders to resolve financing challenges for Bus EVs

By Amit Vijay M calendar27 Feb 2023

The Minister for Road Transport and Highways is planning to engage with all the stakeholders– the power ministry offic...

Citroen launches eC3 EV at Rs 11.50 lakh; bookings open

By Pradyumna Kalagi, Autocar India calendar27 Feb 2023

Similar to the Citroen C3, the eC3 EV is available in two variants - Live and Feel.

Yulu and Bajaj Auto introduce 3rd-gen EVs Miracle GR and DeX GR for personal and commercial usage

autherAutocar Professional Bureau calendar27 Feb 2023

These new generation low-speed electric vehicles are developed on a purpose-built platform for electric 2-wheelers tha...

SaveLife Foundation conducts eighth tactical urbanism trial in New Delhi

autherAutocar Professional Bureau calendar27 Feb 2023

Between 2017 to 2021, the Sarita Vihar intersection, which sees 14,000 pedestrians and 212,000 vehicles every day, saw...

Escorts Kubota carves out earthmoving as separate vertical

By Shruti Mishra calendar27 Feb 2023

The new vertical will be operational in the early part of the financial year 2023-2024 and will initially have two maj...

Nissan expands electrification strategy to 27 models by 2030

autherAutocar Professional Bureau calendar27 Feb 2023

Previously announced ‘Ambition 2030’ strategy’s 23 electrified vehicles including 15 EVs now stands expanded to 27 new...