The high-stakes legal battle, heard on August 7th, 8th, and 11th, 2025, involved intricate interpretations of India’s Insolvency and Bankruptcy Code. India’s Supreme Court concluded hearings this week in a contentious case over JSW Steel’s $2.3 billion bid to acquire Bhushan Power & Steel Ltd (BPSL) through India’s bankruptcy mechanism, with the judgment now reserved.… Continue reading Supreme Court reserves judgement on JSW’s $2.3 Bn Bhushan Steel bid
Author: Economic Times of India Online News
Tata Motors sets October 1 as effective date for business demerger; everything we know so far
The record date to determine eligible shareholders will be announced closer to the completion of the process through stock exchange notifications. Tata Motors has set October 1, 2025, as the effective date for the demerger of its commercial vehicle (CV) and passenger vehicle (PV) businesses, marking the final leg of its long-planned business split, Financial… Continue reading Tata Motors sets October 1 as effective date for business demerger; everything we know so far
Tripura to install 45 EV charging stations before Durga Puja
This comprehensive approach underscores Tripura’s dedication to a sustainable future, leveraging both government initiatives and local participation to drive the green energy agenda forward. Tripura govt is set to install 45 electric vehicle (EV) charging stations across the state before the upcoming Durga Puja festival. This initiative, announced by state power minister Ratan Lal Nath,… Continue reading Tripura to install 45 EV charging stations before Durga Puja
Electric vehicle sales growth eases to 21% in July
Chinese sales reached around one million vehicles. European sales surged 48 per cent to about 390,000 units, while North American sales climbed 10 per cent to more than 170,000. Global electric vehicle sales grew 21 per cent year-on-year in July, the slowest rate since January and down from 25 per cent in June, as momentum… Continue reading Electric vehicle sales growth eases to 21% in July
Ather Energy installs over 430 fast charging points in TN to promote EV adoption
Ather Energy has set up 430+ fast chargers and 50 LECCS stations across Tamil Nadu to boost EV adoption. Electric two-wheeler manufacturer Ather Energy has achieved a milestone by establishing over 430 fast charging points in Tamil Nadu, aimed at promoting EV adoption through convenient charging access to customers. The company has set up the… Continue reading Ather Energy installs over 430 fast charging points in TN to promote EV adoption
Supreme Court halts action against older vehicles in Delhi-NCR
Supreme Court bars coercive action against owners of End-of-Life Vehicles in Delhi-NCR. The Supreme Court on Tuesday issued an interim order directing that no coercive action be taken against owners of End-of-Life Vehicles (ELVs) — diesel vehicles over 10 years old and petrol vehicles over 15 years old — operating in Delhi-NCR. A Bench comprising… Continue reading Supreme Court halts action against older vehicles in Delhi-NCR
ChargeZone partners with SBI to boost EV charging infra through financing support
The move aims to address the financing gap in EV infrastructure, which has grown fivefold in three years to over 26,000 public charging stations by early 2025. ChargeZone, an EV charging company, has signed an MoU with the State Bank of India (SBI) under the EV Mitra scheme to accelerate the deployment of charging infrastructure… Continue reading ChargeZone partners with SBI to boost EV charging infra through financing support
Jitendra EV, MET’s Institute of Engineering ink pact to boost EV innovation
IOE will also offer consultancy to address in-house and field challenges and help enhance productivity. Nashik-based electric two-wheeler maker Jitendra New EV Tech (Jitendra EV) on Tuesday said it has signed a Memorandum of Understanding with MET’s Institute of Engineering (IOE), Bhujbal Knowledge City, to bridge classroom learning with real-world electric mobility applications. “This MoU… Continue reading Jitendra EV, MET’s Institute of Engineering ink pact to boost EV innovation
Ford’s new line of affordable vehicles to start at about $30,000
The Ford Louisville Assembly Plant is pictured, Monday, Aug. 11, 2025, in Louisville, Ky. (AP Photo/Darron Cummings) Ford plans to start rolling out its new family of affordable electric vehicles in 2027, including a midsize pickup truck with a target starting price of $30,000, the company said on Monday, as it aspires to the cost… Continue reading Ford’s new line of affordable vehicles to start at about $30,000
Tesla’s North American director of service leaves EV maker
Musk had said that US government cuts in support for EV makers could lead to a “few rough quarters” for Tesla, before a wave of revenue from self-driving software and services begins late next year. Tesla‘s director of service for the North American market has left the EV maker after nearly nine years, joining an… Continue reading Tesla’s North American director of service leaves EV maker