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How Mahindra Group built an electric unicorn ahead of 2027 IPO

New Delhi, Aug. 12 -- Mahindra & Mahindra Ltd and external investors have put more than Rs.2,200 crore into building Mahindra Last Mile Mobility (MLMM), helping it rapidly scale electric three-wheeler... Read More


TVS's Norton sees top-level exit ahead of expansion drive

New Delhi, Aug. 11 -- Less than two years after TVS Motor Co. Ltd created a dual-executive structure to steer the turnaround of its British premium motorcycle brand Norton, one of the two executives, ... Read More


Auditor red-flags Ola Electric's results over PLI fine reversal move

New Delhi, Aug. 10 -- Ola Electric Mobility Ltd's auditor has flagged its decision to reverse a Rs.57 crore penalty provision for missed battery scheme deadlines before a formal waiver, a move that he... Read More


Ola Electric's revenue decline enters 7th quarter; company moves to settle Sebi probe

New Delhi, Aug. 7 -- Ola Electric Mobility Ltd saw its revenue decline for the seventh consecutive quarter in April-June as sales continued to lag the year-ago period despite heavy discounts to boost ... Read More


Hero MotoCorp eyes electric motorcycle debut in 2027

New Delhi, Aug. 7 -- The country's largest two-wheeler maker, Hero MotoCorp Ltd plans to launch its first set of electric motorcycles from 2027, becoming the second legacy mass-market two-wheeler make... Read More


India's two-wheeler makers restructure, gear up for EV and premium shift

New Delhi, Aug. 6 -- India's legacy two-wheeler makers, including Hero MotoCorp Ltd, Bajaj Auto Ltd and TVS Motor Company Ltd, are revamping their organisations and retail strategies to drive growth i... Read More


Hyundai admits slower car launches hurt sales as market share slips

New Delhi, Aug. 4 -- Hyundai Motor India Ltd (HMIL) has admitted that a slower pace of new model launches, facelifts and upgrades than its rivals hurt its domestic performance, in a rare acknowledgeme... Read More


Ather becomes first new-age EV two-wheeler maker to achieve Ebitda breakeven

New Delhi, Aug. 3 -- Ather Energy Ltd has become the first pure-play new-age electric scooter maker to report an operating profit before depreciation, finance and amortization costs. The Bengaluru-ba... Read More


Mint Explainer | What China's sodium-ion battery breakthrough means for India

New Delhi, Aug. 2 -- China's biggest battery makers are racing ahead with sodium-ion batteries, a technology long seen as a cheaper alternative to lithium-ion cells. Companies such as CATL plan to com... Read More


Skoda drives Volkswagen India's profit revival, backed by parent support

New Delhi, Aug. 2 -- Volkswagen Group's India unit returned to profit growth in financial year 2026 (FY26) after two consecutive years of decline, driven by a surge in Skoda sales, and more than a dou... Read More