VECV records highest Q1 sales, revenue rises 17 pc
New Delhi: VE Commercial Vehicles (VECV), the joint venture between the Volvo Group and Eicher Motors, on Wednesday reported its highest-ever first quarter sales, supported by robust growth in revenue…
Apollo Tyres Chairman bets on sustainable growth amid global uncertainty
New Delhi: Apollo Tyres Chairman Onkar S. Kanwar has said the company remains focused on disciplined execution, responsible growth and long-term value creation despite global geopolitical tensions, shifting trade dynamics…
Mahindra to transfer truck and bus business to SML Mahindra in Rs 525 crore deal
Mumbai: Mahindra & Mahindra Ltd (M&M) on Wednesday approved the transfer of its Truck and Bus Division (MTBD) to its listed subsidiary SML Mahindra Ltd for ₹525 crore on a…
NRB Bearings FY26 PAT jumps 77% on margin gains
Mumbai: NRB Bearings Ltd on Wednesday reported a 77 per cent jump in consolidated profit after tax (PAT) to ₹146 crore for FY26, driven by improved operational efficiency, higher margins…
Wheels India Q1 Profit Jumps 40% on strong demand
Chennai: Wheels India Ltd reported a 40 per cent rise in standalone net profit to ₹37.04 crore for the first quarter ended June 30, 2026, aided by robust demand in…
FORVIA to set up first complete seat assembly plant in India
New Delhi: Global automotive technology company FORVIA has announced a major expansion of its operations in India with plans to establish its 10th manufacturing facility in the country and its…
Avore Electric Launches first Electric Motorcycle EX at Rs 1.25 Lakh
Ahmedabad: Avore Electric, India's homegrown technology-first electric motorcycle manufacturer from the house of Samarth E-Mobility, on Tuesday announced the launch of the Avore Electric EX (Avore Electric Elevated Experience), its…
Toyota Motor Joins Volvo and Daimler Truck’s Fuel Cell Technology JV
New Delhi: Toyota Motor Corporation, Volvo Group and Daimler Truck have signed a binding agreement under which Toyota will join fuel cell company cellcentric as an equal shareholder, marking a…
Omega Seiki Mobility raises Rs 50 crore to fuel EV expansion
New Delhi: Electric vehicle manufacturer Omega Seiki Mobility (OSM) has raised Rs 50 crore in a funding round led by Securocorp Securities India, along with investments from Sangeeta Pareekh, the…
Energy In Motion, HPCL join hands to build EV charging network for heavy trucks
Staff WriterMumbai: Energy In Motion Ltd (EIM) has signed an agreement with Hindustan Petroleum Corporation Ltd (HPCL) to set up fast-charging and battery-swapping infrastructure for heavy commercial electric vehicles at…