N Chandrasekaran In the first ever departure from the Tata Group‘s retirement policy, the Tata Trusts approved a third executive term for N Chandrasekaran, chairman of Tata Sons, said people aware of the matter. Chandrasekaran will be 65 when he ends his second term in February 2027. Under group rules, executives are expected to step… Continue reading N Chandrasekaran gets historic extension as Tata bets big on semiconductors, EVs, and Air India
Author: Economic Times of India Online News
BPCL and RBML partner to boost CNG sales and India’s gas-based economy
The partnership is part of BPCL’s Project Aspire initiative, which focuses on creating a sustainable energy framework for the country. Bharat Petroleum Corporation Limited (BPCL) has entered into a strategic partnership with Reliance BP Mobility Limited (RBML) to strengthen India’s City Gas Distribution (CGD) and Compressed Natural Gas (CNG) sectors. The agreement supports the government’s… Continue reading BPCL and RBML partner to boost CNG sales and India’s gas-based economy
Tata Motors demerger: Will it unlock value or more volatility for investors next week?
Under the arrangement, Tata Motors will be renamed Tata Motors Passenger Vehicles Ltd, while TMLCV will be renamed Tata Motors Ltd, continuing the CV business. Tata Motors shares logged a six-day losing streak on Friday, with investors bracing for next week’s key demerger record date. The stock had lost over 5 per cent in the… Continue reading Tata Motors demerger: Will it unlock value or more volatility for investors next week?
Supertech EV launches MAXX autos, expands Zapster scooter line; opens new Haryana plant
The company has announced these multiple strategic initiatives to strengthen its footprint in the country’s EV market. Supertech EV, one of India’s fastest-growing electric vehicle manufacturers, on Saturday said it has launched its new range of MAXX electric autos, expanded its Zapster high-speed scooter line, and inaugurated a new manufacturing facility at Bahadurgarh, Haryana. Marking… Continue reading Supertech EV launches MAXX autos, expands Zapster scooter line; opens new Haryana plant
Tata Industries GC Attreyi Mukherjee joins Mahindra & Mahindra as VP & head legal for EV business
Attreyi Mukherjee Mahindra & Mahindra has appointed Attreyi Mukherjee as vice president & head legal (EV Business), marking a significant addition to its legal team. Attreyi Mukherjee brings over two decades of legal experience, having most recently served as general counsel at Tata Industries. Before becoming GC, she held the position of legal counsel at… Continue reading Tata Industries GC Attreyi Mukherjee joins Mahindra & Mahindra as VP & head legal for EV business
Haryana eyes Japanese tie-up to propel automotive, tech sectors
Fukuoka is known for its strong base of automobile companies and its expertise in robotics and engineering. The Haryana govt is seeking to collaborate with Fukuoka province of Japan to strengthen cooperation in automotive manufacturing, robotics, and advanced technologies. Industries and commerce minister Rao Narbir Singh, during his ongoing visit to Japan, met the deputy… Continue reading Haryana eyes Japanese tie-up to propel automotive, tech sectors
EV dealers scale down central scheme subsidy
“We will inspect some EV showrooms across the state to verify how they are collecting registration charges and initiate necessary action against those violating the govt policy,” said a senior RTA official. Interestingly, another dealer in Begumpet in Hyderabad demanded a registration fee of ₹4,210, citing “TR, roadside assistance, and hypothecation” for the same model… Continue reading EV dealers scale down central scheme subsidy
Delhi’s new EV policy may offer higher subsidies, more tax concessions, cheaper loans, and scrappage benefits
Delhi is preparing its second Electric Vehicle policy for early next year. The government plans to boost incentives and improve charging infrastructure. The Government of Delhi is likely to roll out its second electric vehicle (EV) policy next year with higher subsidies, tax concessions and better charging infrastructure for two-wheeler EVs, according to the Times… Continue reading Delhi’s new EV policy may offer higher subsidies, more tax concessions, cheaper loans, and scrappage benefits
Stellantis shipments rebound as CEO Filosa’s strategy starts to deliver
Stellantis vehicle shipments have rebounded strongly in the third quarter. This recovery is driven by new model launches and robust demand in North America. Stellantis’ global vehicle shipments rebounded in the third quarter led by new models and North American demand, the carmaker said on Friday, recovering from a slump over the previous six quarters.… Continue reading Stellantis shipments rebound as CEO Filosa’s strategy starts to deliver
Car manufacturers face massive UK dieselgate lawsuit
Five major car manufacturers go on trial at London’s High Court on Monday in the latest chapter of the dieselgate emissions scandal. Five major car manufacturers go on trial at London’s High Court on Monday in the latest chapter of the dieselgate emissions scandal that has rocked the global car industry for a decade. The… Continue reading Car manufacturers face massive UK dieselgate lawsuit