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Euler Motors raises Rs 120 Cr in Series-C extension round for pan-India expansion
The company said it has also onboarded Green Frontier Capital, India's first investment firm focused on growth companies as part of this fundraising round along with existing investors, it said.Read more
Siemens seeks 15% discount on Siemens shares from Siemens Energy
Siemens Energy is contemplating selling a significant portion of its 24% stake in Siemens Ltd to enhance liquidity, a move that has the preliminary approval of both companies.Read more
UK-India FTA talks centered on mid-range Electric Vehicles market access
The British government is determined to gain access to India’s mid-priced EV market, particularly in the $40,000-$60,000 (Rs 33.30-49.9 lakh) range.Read more
Spark Minda, HCMF forge innovative partnership for Sunroof Solutions in India
Under this collaboration, the two companies intend to leverage advanced technology and cutting-edge manufacturing processes to produce sunroof and closure technology products for passenger cars in India.Read more
MG Partners with Shoonya for sustainable EV Future in India
Companies’ Zero Pollution Mobility campaign led by NITI Aayog, alongside prominent leaders from the electric mobility sector in India.Read more
Continental ramps up manufacturing in India for connected vehicle technologies
Germany’s Continental expands local production capacities for connectivity and body electronics in tune with growing demand in the country, paving the way for future growth. It is also incorporating smart manufacturing practices to achieve superior production standards while leveraging its skilled workforce.Read more
GAIL inks Rs 63,000 cr deal with BPCL for Propane Supply in Maharashtra
Currently, the unit has a capacity of 1 million metric tonnes per annum (MMTPA) and is expanding to handle 3 MMTPA of propane and butane imports.Read more
Honeywell Pioneers Safety Solutions for Growing EV Market in India
Company's lithium-ion battery safety sensors are instrumental in detecting potential battery fires, providing crucial protection for drivers.Read more
Raymond expands engineering portfolio with MPPL stake acquisition for Rs 682 cr
MPPL operates in high-growth sectors such as Aerospace, Electric Vehicles (EV), and Defense. The acquisition will be executed through Ring Plus Aqua Limited (RPAL).Read more
L&T ventures into fabless semiconductor design
L&T will concentrate on the design aspect, avoiding manufacturing due to intense competition from global players, particularly in China.Read more