Tata Motors reported a 51 per cent drop in its consolidated net profit, amounting to ₹8,470 crore, for the quarter ending March 2025, while revenue remained flat at ₹1.19 lakh crore. Its luxury segment, Jaguar Land Rover, reported a slight decrease in revenue, but profitability increased, driven by higher volumes and reduced depreciation. Its commercial… Continue reading Tata Motors’ Q4 FY25 net profit shrinks 51% to ₹8,470 crore
Author: Economic Times of India Online News
Auto leasing group Leasys aims to double its fleet of low-emission vehicles by 2026
In the first quarter of 2025, European registrations rose 28per cent for EVs and almost 6per cent for plug-in hybrids, in a broadly stalling market, data from car lobby ACEA show. Auto leasing group Leasys aims to nearly double the share of low-emission vehicles — electric and hybrid — in its fleet by next year,… Continue reading Auto leasing group Leasys aims to double its fleet of low-emission vehicles by 2026
India proposes retaliatory duties against US on steel, aluminium duties at WTO
Without prejudice to the effective exercise of its right to suspend substantially equivalent obligations, India reserves its right to suspend concessions after the expiration of thirty days from the date of this notification, New Delhi said. New Delhi: India on Monday proposed to impose retaliatory duties on certain American products under the World Trade Organisation… Continue reading India proposes retaliatory duties against US on steel, aluminium duties at WTO
EV charging stations consumed 742 MU electricity in Apr-Feb FY25; Delhi leads with 40% share
New Delhi: India’s electric vehicle public charging stations consumed a total of 763.98 million units (MU) of electricity between April 2024 and February 2025, as per the latest report from the Central Electricity Authority (CEA). This includes 659.34 MU by regular EV charging stations and 104.64 MU by heavy-duty public charging stations. Monthly electricity consumption… Continue reading EV charging stations consumed 742 MU electricity in Apr-Feb FY25; Delhi leads with 40% share
Audio Interview: Deep sea mining: Closing the gaps in global critical minerals supply
Ron Hesse speaks with Dr. Wolfgang Bernhart In the 17-minute Audio Interview, Dr. Bernhart discusses these questions: Why is deep-sea mining a topic of interest? Can you explain what deep-sea mining is, and where it’s happening, or better: will it happen? What have been the roadblocks so far, why is it not happening already? If… Continue reading Audio Interview: Deep sea mining: Closing the gaps in global critical minerals supply
Maharashtra to pay ₹500 crore to private firm for closure of 22 RTO checkposts
In September 2021, the Ministry of Road Transport and Highways wrote a letter to Maharashtra and other states, saying there was no need anymore for regular check posts at the state borders after introduction of GST in July 2017. Maharashtra government would first have to pay ₹504 crore as compensation to a private company before… Continue reading Maharashtra to pay ₹500 crore to private firm for closure of 22 RTO checkposts
Vedanta exploring critical mineral assets in Maharashtra, Rajasthan, other states
Vedanta Chairman Anil Agarwal New Delhi, Anil-Agarwal-led Vedanta has said it is exploring critical mineral assets in states like Maharashtra, Rajasthan, Bihar, Arunachal Pradesh, Karnataka and Chhattisgarh. Critical minerals are essential for many rapidly growing energy-efficient technologies ranging from wind turbines and electricity networks to electric vehicles. Demand for these materials is growing quickly as… Continue reading Vedanta exploring critical mineral assets in Maharashtra, Rajasthan, other states
Credifin introduces startup loans to boost EV entrepreneurship
The company will also provide trade advances to dealerships to facilitate the acquisition of vehicles for sale. Credifin Limited, a Jalandhar-based NBFC listed on the Metropolitan Stock Exchange of India, has launched a new EV startup loans product to promote entrepreneurship in the electric vehicle sector across India. The company aims to support individuals and… Continue reading Credifin introduces startup loans to boost EV entrepreneurship
Tata Motors Q4 Preview: PAT may fall 36% YoY on higher costs; revenue to stay flat
Updated On May 12, 2025 at 01:41 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Jaguar Land Rover (JLR) is expected to post strong volume growth, supported by a strong order book and improving semiconductor supplies. Tata Motors is expected to report a mixed performance for the fourth quarter of FY25,… Continue reading Tata Motors Q4 Preview: PAT may fall 36% YoY on higher costs; revenue to stay flat
Improve facilities for vehicles, drivers in transport area: Punjab government
The CTA representatives informed Kataria about various issues related to transport such as high parking fees for heavy vehicles in the area, need for renovation of roads, and sought proper food, lodging and shed facilities for drivers. Punjab governor and UT administrator Gulab Chand Kataria inspected the Chandigarh Transport Area in Sector 26 here Sunday.… Continue reading Improve facilities for vehicles, drivers in transport area: Punjab government