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PMI inks MoU with REC for Rs 480 crore

PMI inks MoU with REC for Rs 480 crore

autherAutocar Professional Bureau     calendar24 Jul 2023

As part of the MoU, PMI will have the ability to avail Rs 480 Crores of financial assistance in the form of debt from REC Limited for funding requirements.

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Range Rover Velar facelift launched at Rs 93 lakh News
Range Rover Velar facelift launched at Rs 93 lakh

By Satvik Khare, Autocar India calendar24 Jul 2023

Range Rover Velar facelift gets a petrol and diesel engine.

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Tesla to discuss factory plan for new US $24,000 car with India’s Commerce Minister: Report News
Tesla to discuss factory plan for new US $24,000 car with India’s Commerce Minister: Report

autherAutocar Professional Bureau calendar24 Jul 2023

The meeting with the commerce minister would be the highest level discussion between Tesla and the Indian government s...

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Mahindra Logistics posts Rs 8.30 crore net loss on 97% YoY decline in supply-chain-management segmental profit News
Mahindra Logistics posts Rs 8.30 crore net loss on 97% YoY decline in supply-chain-management segmental profit

autherAutocar Professional Bureau calendar24 Jul 2023

Mahindra Logistics' top leadership had earlier claimed that it had taken some of the impact of the slowdown in last-mi...

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GreenCell Mobility secures Rs 3,000 crore debt funding from REC, for sustainable transportation services News
GreenCell Mobility secures Rs 3,000 crore debt funding from REC, for sustainable transportation services

autherAutocar Professional Bureau calendar24 Jul 2023

As part of the agreement, GreenCell Mobility along with its subsidiaries, or ventures that work in the business of ele...

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Several EV makers may be forced to file for bankruptcy post imposition of FAME II penalties News
Several EV makers may be forced to file for bankruptcy post imposition of FAME II penalties

By Amit Vijay M calendar24 Jul 2023

In a letter to the PMO and MHI, which has been seen by Autocar Professional, they have said that fair reasoning shoul...

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Valtech expands India operations, introduces Valtech Mobility News
Valtech expands India operations, introduces Valtech Mobility

autherAutocar Professional Bureau calendar24 Jul 2023

The decision to bring Valtech Mobility into the fold, aligns with the company's global expansion strategy.

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Bajaj Finance Limited Auto Finance wheels in faster, easier lending journeys with Salesforce News
Bajaj Finance Limited Auto Finance wheels in faster, easier lending journeys with Salesforce

autherAutocar Professional Bureau calendar24 Jul 2023

Through smart automation and seamless API integrations, Bajaj Finance Limited Auto Finance is making it simpler and fa...

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Posco to invest US $92 billion to expand into EV battery production and hydrogen: Report News
Posco to invest US $92 billion to expand into EV battery production and hydrogen: Report

autherAutocar Professional Bureau calendar24 Jul 2023

The company intends on investing US $92 billion through 2030, to take its business beyond its mainstay steel operation...

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Motherson to acquire Dr Schneider Group for an enterprise value of Euro 118.3 million News
Motherson to acquire Dr Schneider Group for an enterprise value of Euro 118.3 million

autherAutocar Professional Bureau calendar24 Jul 2023

The deal is expected to be closed by Q3 of FY23-24, subject to customary closing conditions and receipt of required re...

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MOST READ

POLL OF THE MONTH

Will Legacy Players Be Able to Squeeze Out Startups from India's Electric 2-Wheeler Market?

Will Legacy Players Be Able to Squeeze Out Startups from India's Electric 2-Wheeler Market?

Yes

 

39.50%

No

 

60.50%

Total Votes : 481