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Tag: Automobile
Mercedes Claims That The ‘Brutal’ EV Industry Would Put Pressure On Automobile Sales Margins-thumnail

Mercedes Claims That The ‘Brutal’ EV Industry Would Put Pressure On Automobile Sales Margins

As third-quarter profits slipped, Mercedes-Benz said a “brutal” electric vehicle market with substantial price cuts and supply chain challenges meant it would likely meet the lower half of its 12-14%

Automotive

Oct 26, 2023

Indian Automobile Retail Sales Surge by 9% in H1 2023-24: A Comprehensive Analysis-thumnail

Indian Automobile Retail Sales Surge by 9% in H1 2023-24: A Comprehensive Analysis

Introduction In the first half (H1) of the fiscal year 2023-24, spanning from April to September, the Indian automobile retail sector experienced a noteworthy year-on-year growth of 9%. This significant

Automotive

Oct 12, 2023

CarDekho, automobile marketplace plans to invest in $100 Mn in fintech subsidiary Rupyy-thumnail

CarDekho, automobile marketplace plans to invest in $100 Mn in fintech subsidiary Rupyy

The Delhi NCR-based startup turned unicorn in October last year after raising $200 Mn in a Series E funding round led by Leapfrog Investments. Automobile marketplace CarDekho plans to invest

Automotive

Nov 8, 2022

Tata Motors will increase their cost from November 7-thumnail

Tata Motors will increase their cost from November 7

Tata Motors has proposed to increase their cost price on Saturday which will take effect from November 7. As per the statement, The weighted average increase will be 0.9% depending

Automotive

Nov 5, 2022

Mukesh Ambani’s Reliance will rely on its $200 billion balance sheet and take advantage of its low cost of capital – here’s how-thumnail

Mukesh Ambani’s Reliance will rely on its $200 billion balance sheet and take advantage of its low cost of capital – here’s how

The digital footprints of consumers could aid Mukesh Ambani’s financial services ambitions and unlock shareholder value. Five exabytes of storage would be sufficient to record every word ever spoken by

Advertising

Oct 25, 2022

Automakers aim to increase spending on electric vehicles and batteries to $1.2 trillion by 2030-thumnail

Automakers aim to increase spending on electric vehicles and batteries to $1.2 trillion by 2030

Sales of electric vehicles are increasing due to a combination of political support, improved battery technology, improved charging infrastructure, and new attractive models from automakers. Automakers are focused on building

Automotive

Oct 21, 2022

Ed-tech startup Supernova raises $1.1 million in pre-seed funding-thumnail

Ed-tech startup Supernova raises $1.1 million in pre-seed funding

Supernova was started by Anirudh, Nawin, and Maharishi in 2021. Targeted towards kids aged 4-12, the edtech firm aims to redefine the current passive forms of learning by making learning

Industry

Oct 15, 2022

<strong>Zoom car inks merger pact with Innovative International Acquisition Corp worth $456 Mn</strong>-thumnail

Zoom car inks merger pact with Innovative International Acquisition Corp worth $456 Mn

The move comes a year after the decade-old startup first floated an IPO plan in June 2021 via a special purpose acquisition company (SPAC). Founded in 2013 by Greg Moran

Industry

Oct 15, 2022

Singapore Airlines in talks with Tata Sons for Vistara-Air India merger-thumnail

Singapore Airlines in talks with Tata Sons for Vistara-Air India merger

Similarly, the Tatas and SIA have initiated a due diligence and valuation exercise as they explore the merger of Vistara with Air India. A decision on the stakes both sides

Automation

Oct 14, 2022

<strong>MG Motor India to now bolster India’s EV startup ecosystem</strong>-thumnail

MG Motor India to now bolster India’s EV startup ecosystem

For the fourth iteration of its Developer Programme and Grant (MGDP), the firm and its consortium partners announced an initiative to foster, mentor, and advance forward-thinking Indian companies in the

Automotive

Oct 11, 2022

Ola, Uber, and Rapido automobiles are now banned in Bengaluru, and their services will be discontinued in three days.-thumnail

Ola, Uber, and Rapido automobiles are now banned in Bengaluru, and their services will be discontinued in three days.

After commuters complained about overcharging, the state transportation department declared the services unlawful. Commuters have complained that Ola and Uber charge a minimum of Rs 100 for distances of less

Automotive

Oct 8, 2022

Government issues Draft to mandate the installation of an alert system for rear seat belts by manufacturers-thumnail

Government issues Draft to mandate the installation of an alert system for rear seat belts by manufacturers

The government has been considering enforcing the use of rear seatbelts after Cyrus Mistry, the former chairman of Indian conglomerate Tata Sons, died in a car crash recently. The Ministry

Automotive

Sep 21, 2022


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