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Ola Electric files papers for IPO; Looks to raise Rs 5,500 crore via fresh issue

autherAutocar Professional Bureau     calendar22 Dec 2023

Ola Electric files papers for IPO; Looks to raise Rs 5,500 crore via fresh issue The company plans to issue fresh shares worth Rs 5,500 crore, while its existing investors, including founder Bhavish Aggarwal and SoftBank, will offload some ...

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Parliamentary committee bats for extending FAME-II scheme by 3 years 

By Amit Vijay M  calendar22 Dec 2023

The recommendation comes amid speculations about the fate of the FAME-II scheme, which expires on March 31.

Schwing Stetter India reports Rs 5,000 crore+ revenue in 2023

autherAutocar Professional Bureau calendar22 Dec 2023

The company recently announced new product line-ups at Excon 2023 to address the pain points of the CE subsegments.

Jeep India introduces Jeep Expert ChatGPT-based AI chatbot

autherAutocar Professional Bureau calendar22 Dec 2023

The company says the smart AI chatbot will enable customers to navigate manuals and brochures, as well as get answers ...

Taabi Mobility introduces Control Tower fleet optimisation IoT solution

autherAutocar Professional Bureau calendar22 Dec 2023

Part of the leading Indian conglomerate RPG Group, the Control Tower is a new addition to the suite of IoT, ADAS, and ...

Talbros Automotive Components to divest entire 40% stake in Nippon Leakless Talbros

autherAutocar Professional Bureau calendar22 Dec 2023

Talbros to generate Rs 81.8 crore from its divestment in Nippon Leakless Talbros, which manufactures gaskets for major...

Maruti Suzuki to set up its 4th Japan-India Institute for Manufacturing (JIM) in Haryana

autherAutocar Professional Bureau calendar22 Dec 2023

JIM Kansala will offer extensive career opportunities to the students trained at the ITI.

Parliamentary committee bats for extending FAME-II scheme by three years

By Amit Vijay M and Kiran Murali calendar22 Dec 2023

The recommendation comes amid speculations about the fate of the FAME-II scheme, which expires on March 31.

Toyota Safety Education Programme, Hackathon set to pave way for road safety

autherAutocar Professional Bureau calendar22 Dec 2023

The two initiatives aim to instil a sense of responsibility and empower youth, targeting school children from fifth to...

SIDBI grants Rs 12.45 crore to deploy 300 Electric 3-wheelers in Delhi and Hyderabad

autherAutocar Professional Bureau calendar22 Dec 2023

As part of the funding, ETO Motors will deploy three hundred Electric 3-Wheelers, in the cities of Delhi and Hyderabad...