Page 3615 - Company News

Mahindra to bid for second stage of EESL tender for electric vehicles

The order for the second phase will be issued after the completion of deliveries of 500 EVs in the first phase by November 30

Automakers' EV drive could be turning into a loss-making affair. Here's why

In the two biggest tenders for e-cars and e-buses that have been finalised in recent months, price quoted by some companies has left industry peers surprised

SmartE plans to set up EV charging infrastructure around metro stations

Treasure Vase was launched by Srivastava, a former communication and marketing manager for United Technologies, India and Asia Pacific

Indian battery maker SAR Group plans to manufacture electric vehicles

The group had already developed prototypes of city commercial and passenger vehicles and is currently in the process of fine tuning the specs of a battery powered two-wheeler

BHEL to set up electric vehicle charging points on Delhi-Chandigarh highway

India is pushing for greater use of electric vehicles to reduce vehicular pollution and cut dependence on oil imports

EVI plans investment of Rs 100 crore to set up 20,000 EV charging stations

EVI Technologies, which started in June 2017, offers its charging stations on lease for private users

Kerala govt okays e-vehicle policy; to procure 6,000 buses by 2025

The govt has also started discussion with a Swiss company to manufacture electric buses, as a joint venture

Honda sees hybrid, not electric, as a future to green strategy

The government has announced sops only for pure electric vehicle

India's EV industry likely to see higher interest from PE, VC investors

In 2019 till date, PE, VC investment in the sector has been Rs 2.1 crore, in one deal

NITI Aayog gives scooter, bike makers 2 weeks to draw up EV plan: Report

NITI Aayog officials met with executives from companies including Bajaj Auto, Hero MotoCorp and TVS late on Friday

Hero Electric looks to raise Rs 700 cr in 3 years to accelerate expansion

Currently, Alpha Capital is the investor in Hero Electric outside of the Munjal family

Nissan, BMW, VW in talks to help South Africa switch to electric vehicles

South Africa has long been a hub for global automaking, attracting plants operated by seven carmakers from Toyota Motor Corp to Isuzu Motors Ltd

India's rural mobile phone base slips further, shows Trai report

There are around 931 million active subscribers now (for the top three players) compared to 933 million in June 2018 and 915 million in May 2018.

Announced in 2016, HAL's Goa helicopter MRO project to get MoD push

Former Defence Minister Manohar Parrikar had announced this project in October 2016

Hero MotoCorp shuts plants from Aug 15-18, says market situation to blame

Company says while the closure of plants has been partly due to holidays for Independence Day and Raksha Bandhan, it also reflects the prevailing market demand scenario

Cognizant plans another round of layoffs to slash costs, says report

Cognizant is also exercising tighter control over expenses through a number of measures, including a slower pace of hiring and reduced travel expenses

ShareChat raises $100 million in Series D funding led by Twitter

ShareChat is India's largest regional social network that claims 60 million monthly active users

Safe bet in slowdown season: Software exporters, FMCG bring investors cheer

Combined revenues of these firms was up 10.3% YoY, double the growth of India Inc

Paytm to invest Rs 750 cr to get 250 mn monthly active users by March

Paytm currently has a monthly active user base of around 140 million

South India beats north in the real estate game: Here're the details

For the past 15 years, first the booming IT sector and then the burgeoning ecommerce industry in the south helped in generating a steady stream of end-users