India’s plug-in hybrid vehicle (PHEV) market is finally taking shape, but its evolution is being driven as much by tax policy as by consumer demand. On June 9, BYD showcased…
Category: Companies
Hyundai expects Chennai Plant 1 production to normalise by June 15 after Mobis fire
Production at Chennai Plant 1 in Sriperumbudur, which was affected by a fire at key supplier Mobis India Ltd on May 31, is expected to regain pace by June 15,…
Starlink responds as report claims India launch has been put on hold: ‘We have heard nothing but…’
Starlink has now responsed to recent reports about the Indian government freezing approval for its commercial operations in the country due to security concerns inked to the Iran conflict.. Lauren…
Reliance Industries and Meta join hands to develop AI-enabled data centre in Gujarat
(RIL) and Meta Platforms, Inc. (Meta) have partnered to set up a data centre in Jamnagar, Gujarat with 168 MW capacity to be delivered within two years and an option…
Ambani-backed robot start-up seeks $100 million to take on China
Addverb Technologies Ltd is seeking to raise more than $100 million, trying to cement its role as the country’s top maker of robots. Addverb, whose robots handle sorting, material movement…
Hyundai’s Creta production disrupted after fire hits component supplier’s plant in Chennai
The production of Hyundai Motor India Ltd’s bestselling SUV Creta has been disrupted after a fire at supplier and group company Hyundai Mobis curbed the availability of key components, according…
Mehli Mistry says he was unlawfully ousted from Tata Trusts
Former Tata Trusts trustee Mehli Mistry has filed objections before the Maharashtra Charity Commissioner challenging a change report filed by the Sir Ratan Tata Trust (SRTT), alleging governance failures, conflicts…
Bombay HC refuses asset freeze plea in ₹19,500-crore EuroChem-Tecnimont dispute
The Bombay High Court has dismissed an application by Russia-based EuroChem North-West-2 seeking an interim injunction to restrain Italian engineering company Tecnimont from dealing with its assets in India in…
Zepto co-founders Palicha & Vohra questioned by ED in FEMA case
Zepto co-founders Aadit Palicha and Kaivalya Vohra have been questioned by Enforcement Directorate (ED) in April in a Foreign Exchange Management Act (FEMA) case, with investigators examining their overseas investments,…
THINK Gas completes 500 km of Natural Gas pipeline network across Kanchipuram and Chengalpattu
THINK Gas, a leading City Gas Distribution (CGD) company, has expanded its natural gas infrastructure across the Kanchipuram and Chengalpattu Geographical Areas (GAs). It has completed over 500 km of…