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JSW Group doubles down on auto biz with $115mn fund infusion in Own Brand, eyes $300mn fundraise for MG JV

New Delhi, Aug. 20 -- Mumbai-based corporate behemoth JSW Group, known more for its large businesses across steel, energy, cement and infrastructure, is stepping up investments in its nascent mobility... Read More


Ashok Leyland avoids overseas deal rush, bets on India hub for global growth

New Delhi, Aug. 19 -- Bus and truck maker Ashok Leyland says it doesn't need overseas acquisitions to establish itself globally, as the Chennai-based company concentrates on building India as its manu... Read More


M&M bets on one tech platform for many fuels

Mumbai, Aug. 16 -- Mahindra & Mahindra will develop new petrol, diesel and electric models on a common technology platform to give it the flexibility to meet global emission norms and adjust its produ... Read More


M&M bets on multi-powertrain platform to beat rivals, meet emission norms

New Delhi, Aug. 15 -- Mumbai: Mahindra & Mahindra Ltd will develop new petrol, diesel and electric vehicle models on one common technology platform that will give it the flexibility to meet global emi... Read More


M&M bets on multi-powertrain platform to beat rivals, meet emission norms

Mumbai, Aug. 15 -- Mahindra & Mahindra Ltd will develop new petrol, diesel and electric vehicle models on one common technology platform that will give it the flexibility to meet global emission norms... Read More


Tesla rolls into India with junior crew and remote senior leadership

New Delhi, Aug. 13 -- American electric vehicle (EV) giant Tesla's long-awaited India entry is taking shape, but with some quirks. For one, there's no heavyweight local captain at the wheel yet. The f... Read More


Automakers raise alarm bells about demand despite healthy GDP, cooling inflation

New Delhi, Aug. 8 -- India's high economic growth and falling inflation have failed to accelerate sales of cars and 2-wheelers, with the country's largest automobile firms like Maruti Suzuki India Ltd... Read More


Bajaj Auto turns to light magnets as EV output slumps 50% in July

New Delhi, Aug. 6 -- Bajaj Auto Ltd is using light rare earth magnets as an alternative to get production of electric 2- and 3-wheelers back on track, as manufacturing suffered in June and July due to... Read More


In the driver's seat: Tata's trusted man Balaji has his task cut out at JLR

New Delhi, Aug. 6 -- Tata Group chairperson Natarajan Chandrasekaran is known to be someone who trusts his inner circle of leaders to accomplish the task he has assigned them. The announcement of gro... Read More


Bain-backed Japanese firm Proterial looks to India for rare earth magnet manufacturing

New Delhi, Aug. 6 -- Bain Capital-backed Japanese firm Proterial Ltd is looking to manufacture rare earth magnets in India at a time when the country is battling the restrictions imposed by China on t... Read More