Mahindra & Mahindra has divested its entire 3.5% stake in RBL Bank for 6.78 billion rupees, achieving a 62.5% return on its investment. India’s Mahindra & Mahindra sold its entire 3.5 per cent stake in RBL Bank for 6.78 billion rupees ($77.1 million), the automaker said on Thursday, marking a 62.5 per cent return on… Continue reading India’s Mahindra & Mahindra exits RBL Bank with $77 million stake sale
Author: Economic Times of India Online News
Vehicle testing agencies set to get tech upgrades
The official said the idea is not just to crunch the time taken, but also to make the testing process more intensive in view of electronics and tech used in vehicles these days. New Delhi: India is planning to ramp up its vehicle testing agencies, upgrading them for new-age technologies and ushering speedier turnaround time… Continue reading Vehicle testing agencies set to get tech upgrades
German auto sector sentiment markedly improves in October, finds survey
Carmakers have been facing a supply crunch since the Chinese-owned but Netherlands-based Nexperia, which makes billions of simple but ubiquitous chips for cars, was seized by the Dutch government in late September. Sentiment in Germany’s beleaguered automotive sector improved considerably in October, although it remained clearly in negative territory, a survey showed on Wednesday. The… Continue reading German auto sector sentiment markedly improves in October, finds survey
Delhivery launches Freight Index One to bring transparency to India’s trucking market
The platform is built on nearly a decade of Delhiverys market intelligence and internal data, factoring in supply fluctuations, seasonality, route viability, and economic indicators such as fuel prices, toll rates, and taxes. Logistics firm Delhivery on Wednesday launched Freight Index One, a platform offering historical, current, and forward-looking full truckload pricing estimates. According to… Continue reading Delhivery launches Freight Index One to bring transparency to India’s trucking market
US motor vehicle sales drop in October as EV subsidies expire
A survey from the Conference Board last month showed consumers perceptions of the labor market remained downbeat in October. Sales of US light vehicles fell in October as the expiration of federal government subsidies undercut demand for battery-powered electric cars, and an easing labor market and looming higher prices from tariffs could limit any rebound… Continue reading US motor vehicle sales drop in October as EV subsidies expire
Over 20,000 challans issued in Delhi under GRAP-2 to curb vehicular pollution
In its statement, the CAQM said that the decision was aimed at addressing one of the major contributors to Delhi’s worsening winter air quality — vehicular emissions. More than 20,000 challans have been issued in Delhi since the implementation of Graded Response Action Plan (GRAP) Stage 2 on October 19, 2025, as part of efforts… Continue reading Over 20,000 challans issued in Delhi under GRAP-2 to curb vehicular pollution
Automakers urge US to extend North America free trade deal
Last month, President Donald Trump approved tariff relief for imported parts used for US auto and engine production. Major automakers including Tesla, Toyota and Ford, urged the Trump administration on Tuesday to extend a North American free trade deal they call crucial to American auto production. The automakers, which also included General Motors, Honda, Hyundai,… Continue reading Automakers urge US to extend North America free trade deal
Ultraviolette partners with Cardo Systems to advance connected riding solutions
UV Crossfade Ultraviolette, the Bengaluru-based electric motorcycle manufacturer, unveiled its full product line-up at EICMA 2025 in Milan, alongside announcing a strategic partnership with Cardo Systems, a global leader in motorcycle communication technology. The collaboration aims to advance connected riding solutions, beginning with the launch of ‘UV Crossfade’, a carbon fibre smart helmet that integrates… Continue reading Ultraviolette partners with Cardo Systems to advance connected riding solutions
Indian producers concerned about met coke import curbs: JSW Steel CEO
The world’s second-largest crude steel producer imposed the import curbs in January to support the domestic metallurgical coke industry. India’s import curbs on metallurgical coke, a key steelmaking fuel, have become a concern for many producers, Jayant Acharya, Indian steelmaker JSW Steel‘s chief executive, said on Tuesday. The country’s largest steelmaker is now sourcing coking… Continue reading Indian producers concerned about met coke import curbs: JSW Steel CEO
China cranks up pressure over Nexperia chips, European carmaker slams ‘zero autonomy’
A spokesperson for Wingtech was not available for comment. The company has said that only by restoring full control of Nexperia to its parent can the situation be resolved. The Chinese government slammed the Netherlands on Tuesday over its seizure of chipmaker Nexperia, blaming it for jamming up a resolution to a dispute that has… Continue reading China cranks up pressure over Nexperia chips, European carmaker slams ‘zero autonomy’