The Centre has approved national highway projects worth ₹13,000 crore in Odisha during the ongoing 2025-26 fiscal, a state minister said on Thursday. Out of those projects, the Odisha government has set a target to complete road construction work to the tune of ₹2,000 crore by September, Works Minister Prithviraj Harichandan said here. ‘We have… Continue reading Centre approves national highway projects worth ₹13,000 cr in Odisha in FY26
Author: Economic Times of India Online News
Gensol Engineering shares hit 5% upper circuit for 3rd day. Here’s why
SEBI’s order alleged that the Jaggi brothers diverted company funds for personal luxury purchases and failed to meet loan obligations, including those linked to BluSmart’s EV fleet. Gensol Engineering shares hit the 5per cent upper circuit for the third consecutive session on Thursday, following the resignations of Managing Director Anmol Singh Jaggi and Whole-time Director… Continue reading Gensol Engineering shares hit 5% upper circuit for 3rd day. Here’s why
EV charging stations set-up on Char Dham Yatra route for a ‘green journey’
Universal chargers of 60 kW capacity have been installed at each station, which include two charging guns of 30 kW each. Chief Minister Pushkar Singh Dhami, on Thursday, stressed the target to organise this year’s Char Dham Yatra as an environment-friendly journey. Following the same, the chief minister added that EV stations have been established… Continue reading EV charging stations set-up on Char Dham Yatra route for a ‘green journey’
2W segment slips, while PV maintains steady growth in April 2025: SIAM
The three-wheeler segment reported a muted decline of 0.7 per cent as its total sales accounted for 49,441 units last month, when compared to 49,774 units in the same month of 2024. The Indian automobile industry showed a mixed performance in April 2025, with domestic sales of passenger vehicles (PV) registering a modest growth, the… Continue reading 2W segment slips, while PV maintains steady growth in April 2025: SIAM
ED shares Gensol probe findings with Delhi Police
Updated On May 15, 2025 at 07:46 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals According to people quoted above, the ED will register an ECIR under relevant provisions of Prevention of Money Laundering Act (PMLA) on the basis of an FIR, if registered by the EOW. New Delhi: The Enforcement… Continue reading ED shares Gensol probe findings with Delhi Police
Magma General Insurance partners with Toyota Tsusho to enhance passenger car insurance
Magma General Insurance Limited and Toyota Tsusho Insurance Broker India (TTIBI) have partnered to expand Magma’s reach in the commercial and passenger vehicle car insurance market. Specifically, TTIBI will distribute Magma’s vehicle insurance products through its network of 150 dealers to improve accessibility and efficiency for customers seeking coverage for accidents, theft, natural disasters, and… Continue reading Magma General Insurance partners with Toyota Tsusho to enhance passenger car insurance
Zelio E Mobility introduces 2-year warranty for EVs
The new warranty policy from Zelio E Mobility applies to both its two-wheeler and three-wheeler (e-rickshaw) product lines. Zelio E Mobility, an Indian electric vehicle (EV) manufacturer, has announced a comprehensive two-year warranty on all its electric vehicle models, effective from April 1, 2025. The warranty covers key components like the motor, controller, and chassis… Continue reading Zelio E Mobility introduces 2-year warranty for EVs
EV sales to continue growing despite trade uncertainty: IEA
With first quarter EV sales jumping 35 percent globally, the IEA expects more than 20 million should be sold this year. Uncertainty about trade and industrial policy triggered by US tariffs won’t derail growth in sales of electric vehicles, which should account for one in four cars sold this year, the IEA said Wednesday. In… Continue reading EV sales to continue growing despite trade uncertainty: IEA
Global EV sales rise in April despite trade disruptions, research finds
His deals this month with Britain and China only affect EV sales marginally, but are positive signs for the industry ahead of his potential talks with Korea, Japan and the EU, Lester said. Global sales of electric and plug-in hybrid vehicles rose 29per cent year-on-year in April, with stable growth in China and Europe despite… Continue reading Global EV sales rise in April despite trade disruptions, research finds
Tata Motors shares crack 3% after Q4 profit drops 51% YoY
Overall, free cash flow (automotive) for the year stood at ₹22,400 crore as compared to ₹26,900 crore in FY24, owing to cash profits and favourable working capital. Tata Motors shares fell 3per cent to the day’s low of ₹686 on BSE on Wednesday after the company reported a 51per cent year-on-year (YoY) decline in consolidated… Continue reading Tata Motors shares crack 3% after Q4 profit drops 51% YoY