TOP STORY

TVS Motor Co to issue preferential bonus shares worth Rs 1,900 crore

TVS Motor Co to issue preferential bonus shares worth Rs 1,900 crore

autherAutocar Professional Bureau     calendar21 Mar 2024

The automaker’s board approved a scheme of arrangement to issue four non-convertible redeemable preference shares as a bonus for one equity share held.

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JSW Group to produce locally manufactured battery cells in Odisha within 18-24 months
JSW Group to produce locally manufactured battery cells in Odisha within 18-24 months

By Ketan Thakkar and Prerna Lidhoo calendar20 Mar 2024

The Group is currently in talks with multiple potential partners and the cement to steel major is keen only on a techn...

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Indians now hold majority share in JSW MG Motor India, JV to invest Rs 5000 crore in first phase
Indians now hold majority share in JSW MG Motor India, JV to invest Rs 5000 crore in first phase

By Ketan Thakkar and Prerna Lidhoo calendar20 Mar 2024

JSW is taking a 35% stake in MG Motor India. IFI is taking an 8% stake, dealers are taking a 3% stake and 5% is being ...

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Transport Minister Gadkari proposes cutting GST on hybrid cars to 12%: Report
Transport Minister Gadkari proposes cutting GST on hybrid cars to 12%: Report

autherAutocar Professional Bureau calendar20 Mar 2024

India currently levies a goods and service tax (GST) of 28 percent on vehicles powered by internal combustion engines,...

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Himadri Specialty Chemicals acquires stake in lithium-ion battery material startup Invati 
Himadri Specialty Chemicals acquires stake in lithium-ion battery material startup Invati 

autherAutocar Professional Bureau calendar20 Mar 2024

This strategic investment grants Himadri two nominee directors on Invati's board, fostering close collaboration and sy...

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Ultraviolette forays into Turkey, marking European entry
Ultraviolette forays into Turkey, marking European entry

By Autocar Pro News Desk calendar20 Mar 2024

With this unveiling, Turkey becomes Ultraviolette’s entry point into Europe.

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TVS Motor Co inducts Vijay Sankar and Shailesh Haribhakti as independent directors
TVS Motor Co inducts Vijay Sankar and Shailesh Haribhakti as independent directors

autherAutocar Professional Bureau calendar20 Mar 2024

Vijay Sankar, chairman of the Chennai-based Sanmar Group, and Shailesh Haribhakti, chairman of Shailesh Haribhakti & A...

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India debut: MG Motor India takes wraps off the Cyberster
India debut: MG Motor India takes wraps off the Cyberster

By Rivan RS, Autocar India calendar20 Mar 2024

Top-spec Cyberster EV gets 77kWh battery with up to 580km range.

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Shah Rukh Khan onboarded as brand ambassador for Castrol India
Shah Rukh Khan onboarded as brand ambassador for Castrol India

autherAutocar Professional Bureau calendar20 Mar 2024

With Shah Rukh Khan as its brand ambassador, Castrol aims to reach a wider audience and maintain its status as a premi...

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Semiconductor manufacturing in Assam will put state on global map, says Ratan Tata: ANI
Semiconductor manufacturing in Assam will put state on global map, says Ratan Tata: ANI

autherAutocar Professional Bureau calendar20 Mar 2024

"Today, the state government of Assam in partnership with the Tata Group will make Assam a major player in sophisticat...

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

63.83%

No

 

36.17%

Total Votes : 716