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China’s SAIC Plans to Divest Another 10% Stake in Indian JV to Partner JSW: Reuters

China’s SAIC Plans to Divest Another 10% Stake in Indian JV to Partner JSW: Reuters

autherArunima Pal     calendar29 May 2026

SAIC Motor will sell an additional 10% stake in JSW MG Motor India to JSW Group, deepening localisation amid continued restrictions on Chinese investments in India’s auto sector.

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TVS Srichakra Approves Rs 220 Crore Capex for Capacity Expansion at Madurai Plants News
TVS Srichakra Approves Rs 220 Crore Capex for Capacity Expansion at Madurai Plants

autherDev Vadchhedia calendar29 May 2026

The tyre manufacturer will scale up production capacities for both its two wheeler and off highway tyre segments to ad...

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Omega Group Expands Nitin Khindria's Remit to Unify HR Across All Business Units News
Omega Group Expands Nitin Khindria's Remit to Unify HR Across All Business Units

autherShruti Shiraguppi calendar29 May 2026

The Group CHRO will now oversee Human Resources for Omega Bright Steel Pvt Ltd in addition to Omega Seiki Mobility and...

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Varroc Engineering Q4 PAT More Than Triples To ₹70.5 Crore  News
Varroc Engineering Q4 PAT More Than Triples To ₹70.5 Crore 

autherDarshan Nakhwa calendar29 May 2026

Revenue from operations rose 12.8% year-on-year to ₹2,368.1 crore in the quarter, which the company said was its highe...

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Cummins India Q4 PAT Rises 25% To ₹650 Crore On Strong Domestic Sales  News
Cummins India Q4 PAT Rises 25% To ₹650 Crore On Strong Domestic Sales 

autherDarshan Nakhwa calendar29 May 2026

The company said strong customer demand, cost discipline and operating efficiencies supported its earnings performance...

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Toyota Kirloskar Motor Sets Price for All-Electric Urban Cruiser Ebella at Rs. 23.60 Lakh News
Toyota Kirloskar Motor Sets Price for All-Electric Urban Cruiser Ebella at Rs. 23.60 Lakh

autherAngitha Suresh calendar29 May 2026

The single-variant BEV entry marks Toyota's first locally manufactured electric car in India as competition in the pre...

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Toyota Urban Cruiser Ebella E3 Priced At Rs 23.6 Lakh Ex-Showroom News
Toyota Urban Cruiser Ebella E3 Priced At Rs 23.6 Lakh Ex-Showroom

By Eshisha Java calendar29 May 2026

Toyota has announced pricing for the Urban Cruiser Ebella E3 electric SUV, featuring a 61kWh battery pack, ADAS featur...

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Hydrogen CVs Unlikely To Become Mainstream For Years: Hinduja News
Hydrogen CVs Unlikely To Become Mainstream For Years: Hinduja

autherDarshan Nakhwa calendar28 May 2026

The company said electric and alternate fuels are likely to dominate India’s CV transition in the near term as hydroge...

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Ashok Leyland Targets ASEAN As Next Export Growth Hub  News
Ashok Leyland Targets ASEAN As Next Export Growth Hub 

autherDarshan Nakhwa calendar28 May 2026

Management says ASEAN would become the company’s next “home market” after GCC, Africa and SAARC, supported by local pa...

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Ashok Leyland Board Approves Setting Up Wholly Owned Subsidiary in Indonesia News
Ashok Leyland Board Approves Setting Up Wholly Owned Subsidiary in Indonesia

autherDev Vadchhedia calendar28 May 2026

The commercial vehicle manufacturer plans to expand its international presence with a new corporate entity subject to ...

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POLL OF THE MONTH

Has the US-Iran war given a structural boost to EV adoption in India?

Has the US-Iran war given a structural boost to EV adoption in India?

Yes

 

77.01%

No

 

22.99%

Total Votes : 87