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Sona Comstar, IIT Delhi launch Innovation program to drive safe and green mobility

autherAutocar Professional Bureau     calendar14 Aug 2020

Under the initiative two startups will get financial support up to Rs 80 lakh to complete proof of concept and develop prototypes.

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Minda Corp reports loss of Rs 35.4 crore in Covid-19 impacted Q1 FY2021 News National
Minda Corp reports loss of Rs 35.4 crore in Covid-19 impacted Q1 FY2021

autherAutocar Professional Bureau calendar13 Aug 2020

The company says it has taken various decisions in Q1 FY2021 to reduce the breakeven level and allocate capital effici...

Greaves Cotton CEO Nagesh Basavanhalli resigns News National
Greaves Cotton CEO Nagesh Basavanhalli resigns

autherAutocar Professional Bureau calendar13 Aug 2020

While the CEO has relinquishes his executive responsibilities, he will continue to be a member of the Board and has be...

Greaves Cotton reports loss of Rs 31 crore in Q1 FY2021 News National
Greaves Cotton reports loss of Rs 31 crore in Q1 FY2021

autherAutocar Professional Bureau calendar13 Aug 2020

The company says in the last couple of years it has successfully diversified its business from just an automotive play...

Continental bags Zinnov Confluence awards for its India Technical Center News International
Continental bags Zinnov Confluence awards for its India Technical Center

autherAutocar Professional Bureau calendar13 Aug 2020

The annual award is prestigious in the Global Center of Excellence (GCoE) ecosystem in India and recognises the impact...

Steelbird launches face shield with speaker and mic News National
Steelbird launches face shield with speaker and mic

autherAutocar Professional Bureau calendar13 Aug 2020

The company says the face shield has inbuilt hands free functions that allows the user to make and receive calls witho...

Bharat Forge posts loss of Rs 56 crore in Q1 FY2021 News National
Bharat Forge posts loss of Rs 56 crore in Q1 FY2021

autherAutocar Professional Bureau calendar12 Aug 2020

The company expects domestic revenues to be flat and exports to be lower than last year compared to Q2 FY2020.

Vitesco’s drive control unit powers Volkswagen ID.3 electric car News International
Vitesco’s drive control unit powers Volkswagen ID.3 electric car

autherAutocar Professional Bureau calendar12 Aug 2020

The component will go into series production in further electric vehicles from the carmaker’s other Group brands using...

Motherson Sumi Systems reports loss of Rs 810 crore for Q1 FY2021 News National
Motherson Sumi Systems reports loss of Rs 810 crore for Q1 FY2021

autherAutocar Professional Bureau calendar11 Aug 2020

The company says just like the overall industry, its Q1 FY2021 results was severely impacted by Covid-19 pandemic, and...

Yokohama India begins second phase of commercial production at Bahadurgah plant News National
Yokohama India begins second phase of commercial production at Bahadurgah plant

autherAutocar Professional Bureau calendar10 Aug 2020

The Japanese tyre maker has increased its manufacturing capacity to 1.6 million tyres per year in India.