The US is currently pushing to strengthen its domestic semiconductor ecosystem and maintain leadership in artificial intelligence amid increasing global competition, particularly from China. OpenAI CEO Sam Altman said on Thursday that the artificial intelligence company has no plans to seek government guarantees for its data centres, even as it undertakes a massive global infrastructure… Continue reading Sam Altman says OpenAI doesn’t need a safety net as revenue hits $20 billion
Author: Economic Times of India Online News
2,774 new vehicles hit roads daily in Oct on GST-festive push; transport dept revenue up ₹230cr in Bengaluru
The revised tax rates came into effect on Sept 22. Hence, many buyers planned their purchase around or after that date to avail GST benefits, he added. At least 2,774 new vehicles, including 1,900 two-wheelers and 514 cars, hit Bengaluru roads every day in October on average, powered by GST reset and festive sales of… Continue reading 2,774 new vehicles hit roads daily in Oct on GST-festive push; transport dept revenue up ₹230cr in Bengaluru
GST 2.0 lifts PV sales to record 5.57 lakh units; 2W retail up 52% in October: FADA
Passenger vehicles rose 11.4 per cent to a record 5.57 lakh units, and two-wheelers surged 51.8 per cent year on year to 31.5 lakh units. October 2025 will go down as the month that redefined records for India’s automobile retail industry. The Federation of Automobile Dealers Associations (FADA) on Friday reported that total vehicle registrations… Continue reading GST 2.0 lifts PV sales to record 5.57 lakh units; 2W retail up 52% in October: FADA
Mahindra group targets 10-20% growth in exports in key markets: CEO & MD Anish Shah
Anish Shah Mahindra Group CEO and Managing Director Anish Shah said on Friday that the company is targeting 10-20 per cent growth in exports in key overseas markets on the back of its product portfolio. Participating in a CEO panel discussion on ‘Leadership in uncertain and disruptive times – Roadmap for India Inc’ at the… Continue reading Mahindra group targets 10-20% growth in exports in key markets: CEO & MD Anish Shah
Bajaj Auto unit to acquire 24,000 shares in Pierer Bajaj AG for 24.32 mn euro
In May this year, Bajaj said it plans to acquire the management control of PBAG and thereby of PMAG and KTM, through its wholly-owned subsidiary–BAIH BV. Bajaj Auto on Thursday said it has made a request through its wholly-owned subsidiary to acquire 24,000 shares of Pierer Bajaj AG for 24.32 million Euro (around ₹248 crore).… Continue reading Bajaj Auto unit to acquire 24,000 shares in Pierer Bajaj AG for 24.32 mn euro
Greaves Cotton unveils ‘GREAVES.NEXT’ strategy to drive next phase of growth
Greaves Cotton will focus on fuel-agnostic powertrain systems, the automotive aftermarket and component supply, while deepening partnerships with OEMs. Greaves Cotton Limited has announced a new business strategy titled ‘GREAVES.NEXT’. Under the new framework, Greaves Cotton will pursue growth across three focus areas — Energy Solutions, Mobility Solutions, and Industrial Solutions — to capture emerging… Continue reading Greaves Cotton unveils ‘GREAVES.NEXT’ strategy to drive next phase of growth
Why EV Summits Are Crucial for Accelerating India’s Electric Mobility Revolution
EV Events & Conferences India’s electric vehicle (EV) industry is at a pivotal juncture. With the government’s continued policy push, automakers’ expanding EV portfolios, and growing consumer acceptance, the country’s mobility landscape is rapidly transforming. However, collaboration, innovation, and policy alignment remain vital for sustained progress, and this is precisely where EV conferences and summits… Continue reading Why EV Summits Are Crucial for Accelerating India’s Electric Mobility Revolution
JSW MG Motor India, Axis Bank launch dual loan scheme to boost EV adoption
The company said that this structure reduces the upfront cost of ownership while offering up to 100 per cent on-road funding and flexible loan tenures of up to eight years for the battery. JSW MG Motor India, in partnership with Axis Bank, on Thursday said it has launched an innovative dual loan financing programme aimed… Continue reading JSW MG Motor India, Axis Bank launch dual loan scheme to boost EV adoption
Himachal CM Sukhu prioritises quality technical education, innovation, and EV-Tech course for employable youth
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu focuses on quality technical education and EV-Tech course for youth. (ANI Photo) Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu has said that providing quality technical education to the students within the State was the focus of the present state government so as to equip them with market-relevant skills… Continue reading Himachal CM Sukhu prioritises quality technical education, innovation, and EV-Tech course for employable youth
47k vehicles ticketed for running without valid PUC certs
The Commission for Air Quality Management (CAQM) clamped Stage 2, which includes stricter measures, five days later after the air quality turned very poor. New Delhi: Traffic police have intensified enforcement of Graded Response Action Plan (GRAP), issuing challans, checking vehicles, sending back polluting heavy vehicles from city borders and monitoring restricted zones. Between Oct… Continue reading 47k vehicles ticketed for running without valid PUC certs