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<strong>Electric mobility startup Yulu raises $82 million in fresh funding</strong>-thumnail

Electric mobility startup Yulu raises $82 million in fresh funding

The startup will use the funds to scale its mobility & battery-swapping businesses. Yulu said it will also use the funding to increase its two-wheeler electric vehicle (EV) fleet to

Automotive

Sep 12, 2022

Tata group to resettle Air India, Air India Express, and AirAsia India to a standard office in gurugram-thumnail

Tata group to resettle Air India, Air India Express, and AirAsia India to a standard office in gurugram

The Tata Group is planning to relocate its three out of four airlines to one common office in Gurugram by March 2023 The Tata Group has begun executing its strategy

Automotive

Sep 10, 2022

Tata group in talks with Wistron Inc. and Apple Inc. to establish a manufacturing unit in India-thumnail

Tata group in talks with Wistron Inc. and Apple Inc. to establish a manufacturing unit in India

The structure of the deal and details such as shareholdings are yet to be finalized, and talks are ongoing, the people said. The plan could entail Tata buying equity in

Automotive

Sep 9, 2022

<strong>Uber and Nuro collaborate to push for automated shopping and meal delivery</strong>-thumnail

Uber and Nuro collaborate to push for automated shopping and meal delivery

By 2030, Uber wants all of the vehicles on its platform in the US, Canada, and Europe to be electric. Uber Technologies Inc. announced on Thursday that it has teamed

Automotive

Sep 9, 2022

Adani Group to launch its open offer for acquiring an additional 26% stake in media firm NDTV from October 17-thumnail

Adani Group to launch its open offer for acquiring an additional 26% stake in media firm NDTV from October 17

The Adani Group, on August 23, unveiled a plan to acquire a majority stake in the news network, through the acquisition of VCPL, which holds a 99.99 percent stake in

Advertising

Sep 8, 2022

<strong>IndiGo’s new CEO is Elbers</strong>-thumnail

IndiGo’s new CEO is Elbers

Tuesday saw Pieter Elbers become the leader of IndiGo, the largest airline in India. The Dutch national has more than 30 years of aviation experience at KLM in the Netherlands.

Automotive

Sep 7, 2022

<strong>Reliance power to raise USD $150 million in debt from Varde Partners</strong>-thumnail

Reliance power to raise USD $150 million in debt from Varde Partners

Varde Partners is a leading global alternative investment firm specializing in credit and credit-related assets. Varde currently manages over USD 13 billion in assets with teams in North America, Europe,

Automotive

Sep 5, 2022

<strong>Two-wheeler financing firm Bike Bazaar raises Rs. 170 crore in equity funding.</strong>-thumnail

Two-wheeler financing firm Bike Bazaar raises Rs. 170 crore in equity funding.

Pune-based Bike Bazaar caters to the commuter/utility two-wheeler segment in the domestic market, offering a range of solutions along the two-wheeler lifecycle, including financing for new and pre-owned two-wheelers as

Automotive

Sep 1, 2022

In August, Maruti Suzuki’s overall sales increased by 26% to 1,65,173 vehicles-thumnail

In August, Maruti Suzuki’s overall sales increased by 26% to 1,65,173 vehicles

Maruti Suzuki India Ltd (MSIL) said in a statement that the business sold a total of 1,30,699 vehicles in the same month last year. Maruti Suzuki India Ltd reported a

Automotive

Sep 1, 2022

Removal of AirFree Caps by Government-thumnail

Removal of AirFree Caps by Government

The upper and lowercase on airfare are introduced as a method to protect passengers from paying for overpriced tickets and weaker airlines from losing out of the competition The removal

Automotive

Sep 1, 2022

Toyota will invest $5.3 billion to increase battery production in the US and Japan.-thumnail

Toyota will invest $5.3 billion to increase battery production in the US and Japan.

The Japanese company established a two trillion dollar budget in December for the research and development of automobile batteries, which includes a portion of the funds. Toyota announced on Wednesday

Automotive

Aug 31, 2022

Suzuki Motor Corporation to setup a Suzuki R&D center in India; foundation laid for EV plant-thumnail

Suzuki Motor Corporation to setup a Suzuki R&D center in India; foundation laid for EV plant

The vehicle manufacturing facility in Kharkhoda, Haryana, will have the potential to make one million passenger vehicles per year. This would make the unit one of the largest passenger vehicle

Automotive

Aug 29, 2022


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