There is even talk that SML Isuzu, which Mahindra recently acquired, could become the hub for this business. Mahindra Group is evaluating the separation of its core businesses — tractors, passenger vehicles (including EVs), and trucks — into independent entities, in what could mark the conglomerate’s most significant restructuring in years, according to people familiar… Continue reading Mahindra Group weighs major restructuring; may spin off tractors, PVs, & trucks into separate entities
Author: Economic Times of India Online News
Tata Motors demerger effect: Shares slip 7% in 4 days
Tata Motors shares have dropped 6.8% in four sessions to ₹689.3 on the BSE, falling below ₹700 as investors await the record date for its demerger next week. Tata Motors’ shares have fallen 6.8 per cent over the past four sessions to hit a low of ₹689.3 on the BSE, slipping below the ₹700 mark… Continue reading Tata Motors demerger effect: Shares slip 7% in 4 days
Stellantis CEO revamps top team in bid to revive ailing automaker
Stellantis CEO Antonio Filosa is making significant leadership changes. New heads for Europe and global manufacturing have been appointed. Stellantis CEO Antonio Filosa carried out a shake-up of the automaker‘s top ranks on Wednesday, installing new chiefs for Europe and global manufacturing as he seeks to build a team capable of reviving the struggling company.… Continue reading Stellantis CEO revamps top team in bid to revive ailing automaker
India, UK eye trade and tech boost as PM Keir Starmer begins first official visit
Prime Minister Narendra Modi on Wednesday welcomed the Prime Minister of the United Kingdom (UK), Keir Starmer, on his first official visit to India. Starmer is accompanied by what is described as the largest trade delegation ever sent from the UK. The visit comes months after India and the UK signed a trade deal, which… Continue reading India, UK eye trade and tech boost as PM Keir Starmer begins first official visit
Display fares approved by RTA on apps, RTO tells companies in Pune
This once again throws the standardisation of cab fare into a disarray. In reaction, the Front has announced a statewide one-day strike of cabbies and auto rickshaw drivers on Oct 9. Confusion continues to prevail for commuters when it comes to cab fares for rides in the city. Just days ago, the Indian Gig Workers… Continue reading Display fares approved by RTA on apps, RTO tells companies in Pune
Trump administration mulls additional $12 billion clean energy funding cut
Transmission Plant in Kokomo to produce EV components. The US government is considering cancelling an additional $12 billion in clean energy funding, including awards for auto manufacturing and carbon capture, according to a list of targeted projects seen by Reuters. The projects on the list include two major direct air capture hubs that received billion-dollar… Continue reading Trump administration mulls additional $12 billion clean energy funding cut
Stellantis Italy production set to shrink by a third this year
Stellantis vehicle production in Italy has seen a significant drop. Production fell by 32% in the first nine months of 2025. Fiat-maker Stellantis‘ vehicle production in Italy fell by 32 per cent in the first nine months of 2025, pointing to a full-year contraction of around the same magnitude, the FIM Cisl union said on… Continue reading Stellantis Italy production set to shrink by a third this year
Bajaj Auto faces ₹3.5 crore tax demand from Assam authorities
Bajaj Auto noted that the order does not have any significant financial implications for the company. Its shares closed 1.25 per cent higher at ₹8,903.90 on the BSE. Bajaj Auto on Tuesday said it has received a tax demand of over ₹3.5 crore from Assam authorities for FY22. The demand relates to excess input tax… Continue reading Bajaj Auto faces ₹3.5 crore tax demand from Assam authorities
Steelbird targets ₹1,000-crore revenue, 1 crore+ helmet production in FY26
With these efforts, Steelbird aims to reinforce its leadership in the global two-wheeler safety gear industry and advance India’s road safety mission. Steelbird Hi-Tech India Ltd has announced ambitious growth plans for FY26, targeting production of over one crore helmets and ₹1,000 crore in revenue. The company has already produced 47.3 lakh helmets in the… Continue reading Steelbird targets ₹1,000-crore revenue, 1 crore+ helmet production in FY26
Thunderplus, Tata Motors to deploy 5,000 EV charging stations for commercial fleets
The initiative aligns with India’s push to reduce carbon emissions and accelerate electrification in the commercial transport sector. Thunderplus, a leading provider of electric vehicle (EV) charging solutions, on Tuesday said it plans to expand its charging infrastructure for electric small commercial vehicles (SCVs) in India. According to the official press release, the company has… Continue reading Thunderplus, Tata Motors to deploy 5,000 EV charging stations for commercial fleets