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JSW's Parth Jindal keeps door open on Škoda VW deal as auto ambitions widen

New Delhi, Aug. 26 -- Parth Jindal, scion of the JSW Group, Director on the Board and a Steering Committee Member of JSW MG Motor India, stopped short of ruling out a potential partnership with Škoda ... Read More


JSW MG invests Rs.3,500 crore to double capacity to 2.2 lakh units, targets record 1 lakh sales

New Delhi, Aug. 26 -- JSW MG Motor India is investing Rs.3,500 crore to double annual capacity to 2.2 lakh vehicles by January 2028 as it races towards record sales of 95,000-one lakh units in FY27, u... Read More


MG Hector Tomahawk EV launched at Rs.13.99 lakh, PHEV at Rs.21.79 lakh

New Delhi, Aug. 26 -- JSW MG Motor India has launched the Hector Tomahawk EV at Rs.13.99 lakh with Battery-as-a-Service (BaaS), against Rs.19.49 lakh for outright purchase, and the Tomahawk plug-in hy... Read More


HSRP number plates maker Rosmerta targets 33% FY27 growth, eyes Rs.3,000-crore by FY30

New Delhi, Aug. 25 -- Rosmerta Technologies, one of India's largest makers of high-security vehicle registration plates, plans to invest about Rs.300 crore through FY30 as it bets on automated vehicle... Read More


Sri Lankan Dilmah Tea changes India recipe with $1-million bet, speciality teas and tea bars

New Delhi, Aug. 24 -- Sri Lanka's Dilmah Ceylon Tea Company will invest more than $1 million initially and build close to 10 premium tea bars in India by FY30, using India-sourced speciality teas and ... Read More


India sanctioned 27,555 e-buses, but barely 2,500 are on road

New Delhi, Aug. 24 -- India has sanctioned 27,555 electric buses, nearly three-fourths of its target of 38,000, but barely 2,000-2,500 are said to be operating currently, according to industry experts... Read More


Bajaj Auto plans 2 new brands, 3 products in FY27 portfolio reset

New Delhi, Aug. 24 -- Pune, August 24 Bajaj Auto will introduce two new brands and three more products during FY27 after completing 12 launches so far, widening a portfolio overhaul aimed at recoveri... Read More


Feed cost surge tightens egg supply; Branded eggs may touch Rs.20-25 each

New Delhi, Aug. 24 -- A sharp rise in soybean meal prices and the diversion of maize towards ethanol production, the two key ingredients that supply protein and energy in poultry feed, are driving up ... Read More


Omega Seiki raises Rs.100 crore in back-to-back rounds in under a month as IPO plans take shape

New Delhi, Aug. 23 -- Faridabad-based electric commercial vehicle maker Omega Seiki Mobility has raised Rs.100 crore in two back-to-back funding rounds in less than a month, bringing in fresh external... Read More


Uniflow expands control-valve capacity 5-fold as India looks to cut critical imports

New Delhi, Aug. 22 -- Mumbai-based Uniflow Controls is investing Rs.50 crore ($5 million) to expand annual control-valve capacity more than five-fold, from 8,000 to 40,000-50,000 units, as refiners, p... Read More