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National Stock Exchange launches India’s first electric vehicle index

National Stock Exchange launches India’s first electric vehicle index

Kiran Murali     calendar30 May 2024

The new Nifty EV & New Age Automotive index will track the performance of companies that are part of the electric vehicle ecosystem, or involved in developing new-age automotive vehicles.

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Gabriel India to double sunroof capacity by FY25 end News
Gabriel India to double sunroof capacity by FY25 end

By Shahkar Abidi calendar30 May 2024

The company secured business from Hyundai and expects significant volume from Kia, prompting the expansion announced b...

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Menon Pistons Ltd appoints Sharanya and Devika Menon as Additional Directors News
Menon Pistons Ltd appoints Sharanya and Devika Menon as Additional Directors

By Shahkar Abidi calendar30 May 2024

They both are daughters of Sachin Menon, the chairman and managing director of the company.

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Cummins India standalone net profit up 47% to Rs 1661 crore in FY24 News
Cummins India standalone net profit up 47% to Rs 1661 crore in FY24

By Shahkar Abidi calendar30 May 2024

Key economic indicators like GDP growth rate of 7.6% and consistent PMI indicate optimism about continued growth.

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Antolin and Spanish university invite registrations for automotive electronics learning program News International
Antolin and Spanish university invite registrations for automotive electronics learning program

autherAutocar Professional Bureau calendar30 May 2024

The programme, starting in October 2024, includes academic teaching by both professors from the University of Burgos a...

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ZF unveils next-gen electric axle at Busworld Turkiye 2024 News International
ZF unveils next-gen electric axle at Busworld Turkiye 2024

autherAutocar Professional Bureau calendar30 May 2024

The AxTrax 2 LF has a continuous output of up to 360 kW and a peak torque of up to 37,300 Nm, giving it climbing abili...

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Munjal Showa reports 3.6% YoY decline in FY24 profit News
Munjal Showa reports 3.6% YoY decline in FY24 profit

By Kiran Murali calendar29 May 2024

The Gurugram-based auto component maker’s net profit for the year came in at Rs 30.8 crore, while its fourth-quarter n...

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Fiem Industries earmarks capex of Rs 250–300 crore for three years News
Fiem Industries earmarks capex of Rs 250–300 crore for three years

By Shahkar Abidi calendar29 May 2024

The company had a capex of Rs 85.86 crore in FY24.

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Samvardhana Motherson's FY24 profit jumps 82% YoY, Q4 profit up 110% News
Samvardhana Motherson's FY24 profit jumps 82% YoY, Q4 profit up 110%

By Kiran Murali calendar29 May 2024

The auto component maker reported a consolidated net profit of Rs 2,716 crore for FY24, while its fourth-quarter net p...

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Mitsubishi Electric and Aisin to set up JV for EV components News International
Mitsubishi Electric and Aisin to set up JV for EV components

autherAutocar Professional Bureau calendar29 May 2024

The JV will develop, produce and sell traction motors, power converters and their control software, which will be opti...

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POLL OF THE MONTH

Can Tesla's entry boost the Indian EV market?

Can Tesla's entry boost the Indian EV market?

Yes

 

33.01%

No

 

24.72%

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42.26%

Total Votes : 627