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Apollo Tyres raises $ 229 million (Rs 1,500 crore)

Apollo Tyres raises $ 229 million (Rs 1,500 crore)

Autocar Pro News Desk     calendar12 Oct 2017

The Committee of Directors (Funds Raising) of Apollo Tyres declared the company allotted 63,025,210 equity shares to QIBs at Rs 238 per equity share for raising the fund. The QIP was managed by JM Financial, Kotak and UBS.

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Hanon approves JV with Chinese company for supplying solutions to Changan Automobile News International
Hanon approves JV with Chinese company for supplying solutions to Changan Automobile

By Autocar Pro News Desk calendar12 Oct 2017

Changan Automobile is one of the top automotive groups in China that operates a number of vehicle brands and auto part...

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SALES ANALYSIS: September 2017 | India Auto Inc in festive mood as all segments drive onto growth road Analysis Sales
SALES ANALYSIS: September 2017 | India Auto Inc in festive mood as all segments drive onto growth road

By Autocar Pro News Desk calendar12 Oct 2017

With passenger vehicle sales notching a record high in September, commercial vehicles steering into sustained growth a...

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BMW looks to Great Wall to expand Chinese production News International
BMW looks to Great Wall to expand Chinese production

By Jimi Beckwith, Autocar UK calendar12 Oct 2017

In an attempt to increase production volume in the world’s biggest market, BMW is partnering Great Wall.

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Autoliv and MIT AgeLab to jointly develop semi-autonomous vehicle prototype News International
Autoliv and MIT AgeLab to jointly develop semi-autonomous vehicle prototype

By Autocar Pro News Desk calendar11 Oct 2017

As per the company announcement, learnings from the research collaboration will likely be used in the development of s...

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Bajaj Auto launches Platina ComforTec at Rs 46,656 News National
Bajaj Auto launches Platina ComforTec at Rs 46,656

By Autocar Pro News Desk calendar11 Oct 2017

The Bajaj Platina is the first motorcycle in the 100-150cc segment to offer an LED DRL.

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Dhoot Transmission, Carling Technologies set up JV to make electronic switches News National
Dhoot Transmission, Carling Technologies set up JV to make electronic switches

By Amit Panday calendar11 Oct 2017

The JV will cater to demand from the two-wheeler, three-wheeler, commercial vehicle, agriculture and construction equi...

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GST Council recommends rates for fuels in India News National
GST Council recommends rates for fuels in India

By Autocar Pro News Desk calendar11 Oct 2017

Petrol and diesel may get cheaper as GST Council suggests doing away with the cascading taxes on petrol and diesel.

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37% global EV miles penetration by 2040 requires Rs 17,055,900 crore investment: Morgan Stanley News International
37% global EV miles penetration by 2040 requires Rs 17,055,900 crore investment: Morgan Stanley

By Autocar Pro News Desk calendar11 Oct 2017

The research study warns that any company or government targeting electric mobility without a concrete plan for creati...

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37% global EV miles penetration by 2040 requires Rs 17,055,900 crore investment: Morgan Stanley News International
37% global EV miles penetration by 2040 requires Rs 17,055,900 crore investment: Morgan Stanley

By Autocar Pro News Desk calendar11 Oct 2017

The research study warns that any company or government targeting electric mobility without a concrete plan for creati...

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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

 

100%

No

 

0%

Total Votes : 2