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Relux Electric Revenue Rises 110% in FY26; Targets ₹50 Crore in FY27

autherArunima Pal     calendar08 Apr 2026

It is targeting revenue of ₹50 crore in FY27, implying a projected growth of about 122% over FY26.

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Varroc Engineering Appoints Avijit Roy as Group Chief Human Resources Officer News
Varroc Engineering Appoints Avijit Roy as Group Chief Human Resources Officer

autherSarthak Mahajan calendar08 Apr 2026

Varroc Engineering names a senior HR leader with over 27 years of automotive and manufacturing experience to head its ...

Kia India Crosses One Lakh Paid Renewals for Connected Car Subscription Service News
Kia India Crosses One Lakh Paid Renewals for Connected Car Subscription Service

autherSarthak Mahajan calendar08 Apr 2026

Retention rate surpasses 30% as Kia Connect transitions from a complimentary offering to a paid subscription model, si...

₹2.2 Cr Payment to be Made by Motherson Subsidiary under Mediation Agreement in South Korea News
₹2.2 Cr Payment to be Made by Motherson Subsidiary under Mediation Agreement in South Korea

autherShruti Shiraguppi calendar08 Apr 2026

SMR Hyosang Automotive to pay South Korean won 360 million to a sub-contractor by April 27 following mediation.

Crude Falls Below $100 After Ceasefire; One of Steepest One-day Drops in Years News
Crude Falls Below $100 After Ceasefire; One of Steepest One-day Drops in Years

autherMukul Yudhveer Singh calendar08 Apr 2026

After a sharp war-driven rally, oil prices correct as US–Iran ceasefire eases supply concerns, with the fall comparabl...

Ola Electric Says LFP Battery Cell Ready, Product Integration from Next Quarter News
Ola Electric Says LFP Battery Cell Ready, Product Integration from Next Quarter

autherSarthak Mahajan calendar07 Apr 2026

Ola Electric's Chairman reveals the company's homegrown LFP battery cell is production-ready, with thousands of vehicl...

Escorts Kubota Limited Announces Price Hike on Kubota Brand Tractors Effective April 15, 2026 News
Escorts Kubota Limited Announces Price Hike on Kubota Brand Tractors Effective April 15, 2026

autherSarthak Mahajan calendar07 Apr 2026

The Faridabad-based engineering conglomerate notifies stock exchanges of an upcoming price revision for its Kubota bra...

Numeros Motors Names Arun Srivastava as New CEO News
Numeros Motors Names Arun Srivastava as New CEO

autherSarthak Mahajan calendar07 Apr 2026

The Bengaluru-based electric two-wheeler manufacturer has appointed a veteran auto industry leader to drive its next p...

India Launches ₹7,280 Crore Scheme to Build Domestic Rare Earth Magnet Manufacturing Capacity News
India Launches ₹7,280 Crore Scheme to Build Domestic Rare Earth Magnet Manufacturing Capacity

autherSarthak Mahajan calendar07 Apr 2026

The Ministry of Heavy Industries held a pre-bid conference on April 7 attracting at least 25 companies, with bids due ...

India's Electric Passenger Vehicle Market Nearly Doubles in FY2026 News
India's Electric Passenger Vehicle Market Nearly Doubles in FY2026

autherSarthak Mahajan calendar07 Apr 2026

Total electric PV retails surged 83.63% to touch 1,99,923 units in FY2026, with Mahindra, MG, and Tesla marking the se...