
In terms of volume, the market is projected to reach 8.5 million units by FY28
$2.5 billion investment in Maharashtra on track
Unfavourable economic conditions in Europe prompted the decision to relocate, the company said.
With this expansion, the company expects its production capacity to increase by 10X, Sridhar added.
M&M will continue to hold 60% of the paid-up capital of Classic Legends.
In FY23, the company clocked a revenue of Rs 11,236 crore.
“This saw participation from existing investors with almost 50% of the round being subscribed by BluSmart founders and the leadership…
Concessions to be linked to stringent performance criteria
The global average share of luxury cars stands at 2%, as per estimates.
Analysts, however, added that all is not lost with passenger cars, especially looking at the sales performance of premium hatchbacks…
The revised capex earmarked by the Delhi-based company for FY24 is around Rs 200-225 crore, down from Rs 350 crore…
In the past, there have been reports and shots of the CNG-powered motorcycle prototype being tested and related patent filings…
Subsidies to the company under FAME were halted following an investigation over violation of manufacturing guidelines.
For instance, one of the primary causes of vehicular collisions worldwide is faulty lane changing decisions.
Tata Technologies will support original equipment manufacturers (OEMs) by integrating diverse expertise to meet evolving industry demands swiftly and effectively.
The collaboration with ONDC will see Ola Cabs utilising its e-bike taxis as last-mile delivery agents across categories such as…
According to the document, the maximum number of cumulative buses that can be allotted to one bidder has been restricted…
Central government employees, bank officials and private sector employees with offices in four or more states/UTs are eligible.