The brothers have been accused by Sebi of siphoning off loan funds from Gensol for personal use, raising concerns over corporate governance and financial misconduct. Markets regulator Sebi on Wednesday upheld its interim order restraining Gensol Engineering and its former top executives Anmol Singh Jaggi and Puneet Singh Jaggi from the securities markets on concerns… Continue reading Sebi confirms ban on Gensol, Jaggi brothers in fund diversion case
Author: Economic Times of India Online News
With Tamil Nadu’s EV plant, VinFast dreams far and wide
After transforming a swamp in Haiphong into a factory, VinFast is now building its second major plant in southern India. VinFast, the Vietnamese EV maker, has done it again. First it was in the port city of Haiphong, turning a swamp into a state-of-the-art factory. Now, the company is attempting a similar feat in southern… Continue reading With Tamil Nadu’s EV plant, VinFast dreams far and wide
4,557 EV public charging stations installed on highways and expressways: Nitin Gadkari
The minister further stated that there is no scheme for providing incentives to the Charging Point Operators (CPOs). A total of 4,557 electric vehicle (EV) public charging stations (PCSs) have been installed across a length of 146,342 km on the state, National Highways, and Expressways in the country, the Parliament was informed on Wednesday. Uttar… Continue reading 4,557 EV public charging stations installed on highways and expressways: Nitin Gadkari
Thailand adjusts EV policy to ease production requirements, target exports
Thailand tweaks EV policy to aid carmakers with flexible production targets and boost exports amid weak demand and rising Chinese competition. Thailand adjusted an electric vehicle incentive policy on Wednesday to give carmakers more flexibility to meet production requirements and boost exports, amid tepid domestic demand and intense competition as Chinese brands flood the local… Continue reading Thailand adjusts EV policy to ease production requirements, target exports
IIT Madras incubated firm develops EV charging platform to link chargers with multiple networks
The platform breaks this limitation by introducing an intelligent middleware that enables multiple CMS connections for a single charger. An Indian Institute of Technology (IIT), Madras-incubated company, Plugzmart, has developed an indigenous EV charging platform that allows a charger to connect with multiple Charging Management Systems (CMS) networks, according to officials. The first-of-its-kind “Relay”, a… Continue reading IIT Madras incubated firm develops EV charging platform to link chargers with multiple networks
Meeting India’s EV needs: Prioritising practical range, price parity, and locally relevant features
Technology is also doing its bit behind the scenes. From more efficient motors to better battery cooling and regenerative braking, every innovation is helping you squeeze more kilometres out of every charge. India’s electric vehicle (EV) journey has progressed from what was once a vision of the future to a ground reality. It’s now a… Continue reading Meeting India’s EV needs: Prioritising practical range, price parity, and locally relevant features
Zero tax, full charge: Telangana’s EV policy sparks boom in sales
EV sales surge in Telangana with over 50,000 units sold in seven months, driven by 100% exemption on road tax and registration fees. Telangana has seen a sharp rise in the sales of electric vehicles thanks to the state govt offering a 100 per cent exemption on road tax and registration fees. Over 50,000 electric… Continue reading Zero tax, full charge: Telangana’s EV policy sparks boom in sales
Insurance firm told to pay for vehicle damage
Uttarakhand consumer panel orders insurer to compensate Dehradun man for 2017 crash after rejecting claim over unproven overloading charge. The state consumer commission directed a public sector insurance company to compensate a Dehradun resident for damages to his commercial vehicle, which crashed in 2017, killing three passengers. The insurer had denied the claim citing overloading,… Continue reading Insurance firm told to pay for vehicle damage
Stellantis warns of $1.7 billion US tariff impact in 2025
Stellantis in April withdrew its guidance for a moderate recovery this year after a profit drop in 2024, citing an evolving trade scenario and uncertain impact of US tariffs. Stellantis said on Tuesday it faced greater headwinds this year including a 1.5-billion-euro impact from US tariffs for 2025, with operating income in the second half… Continue reading Stellantis warns of $1.7 billion US tariff impact in 2025
Electric vehicle sales rise sharply in Telangana, cross 2 lakh mark
EV experts say that the rapid increase in EV adoption across Hyderabad is a testament to the impact of Telangana’s forward-looking EV policy. Telangana has seen a sharp rise in the sales of electric vehicles thanks to the state govt offering a 100 per cent exemption on road tax and registration fees. Over 50,000 electric… Continue reading Electric vehicle sales rise sharply in Telangana, cross 2 lakh mark