Over 1.73 lakh killed and 4.47 lakh injured in 2023 road accidents; two-wheeler riders account for nearly half, says NCRB. New Delhi, Sept 30 More than 1.73 lakh people were killed and 4,47,969 others were injured in road accidents across the country in 2023 with 45.8 per cent of the victims riding two wheelers, while… Continue reading Over 1.73 lakh killed in road accidents in 2023; over-speeding major cause: NCRB
Author: Economic Times of India Online News
GST 2.0 comes as booster shot for Andhra’s auto, pharma, fisheries & dairy sectors
Lower tax rates will bring down prices for consumers, ease working capital for MSMEs, and expand market competitiveness for exporters. New Delhi, The GST rate cuts, that kicked in on September 22 will give a big push to economic growth in Andhra Pradesh across sectors ranging from the fishing harbours of Visakhapatnam to the auto… Continue reading GST 2.0 comes as booster shot for Andhra’s auto, pharma, fisheries & dairy sectors
Tata Motors subsidiary incorporates holding company in Netherlands
Tata Motors sets up wholly-owned unit TML CV Holdings B.V. in Netherlands under Singapore arm. Tata Motors has announced the incorporation of a wholly-owned subsidiary under its Singapore-based subsidiary, TML CV Holdings Pte., named TML CV Holdings B.V. in the Netherlands. This move is part of Tata Motors’ strategic plans in connection with the proposed… Continue reading Tata Motors subsidiary incorporates holding company in Netherlands
Zelio E-Mobility raises ₹22.29 crore ahead of SME IPO
The SME IPO of Zelio E-Mobility will open for subscription on 30 September 2025 and close on 3 October 2025. Zelio E-Mobility, a fast-growing electric two- and three-wheeler manufacturer, on Tuesday said it has successfully closed its anchor book, raising ₹22.29 crore from eight marquee investors ahead of its SME initial public offering. According to… Continue reading Zelio E-Mobility raises ₹22.29 crore ahead of SME IPO
Stellantis has cut 10,000 Italy jobs in four years, union reports
The automaker has pledged to revive production in Italy with the hybrid version of the Fiat 500 city car, which is set to hit the market later this year, rolling off the historic Mirafiori plant in Turin, Fiat’s hometown. Stellantis has slashed nearly 10,000 jobs in Italy in the past four years, while vehicle production,… Continue reading Stellantis has cut 10,000 Italy jobs in four years, union reports
Yuma Energy partners with HPCL to expand battery-swapping network
Allowing Yuma Energy to place smart, AI-driven battery-swapping stations in high-demand locations across metro cities and tier-2 towns. Yuma Energy, India’s fastest-growing Battery-as-a-Service (BaaS) provider, has announced a strategic partnership with Hindustan Petroleum Corporation Limited (HPCL) to accelerate the deployment of battery-swapping infrastructure nationwide. The collaboration leverages HPCL’s extensive network of over 24,000 retail outlets,… Continue reading Yuma Energy partners with HPCL to expand battery-swapping network
Honda gears up for four world premieres at Japan Mobility Show 2025
Beyond road and trail, Honda will display the experimental model of its sustainable rocket, used in successful launch and landing tests earlier this year in Hokkaido. Honda Motor has announced a stellar line-up for the upcoming Japan Mobility Show 2025, featuring four global premieres, including a prototype from its next-generation Honda 0 Series. The exhibition… Continue reading Honda gears up for four world premieres at Japan Mobility Show 2025
Tata Motors demerger effective from tomorrow. What is known so far on record date, listing timeline
After the completion of all formalities, the CV business will tentatively be listed in November as TMLCV, subject to the completion of all pending formalities. Following all regulatory approvals, the much-awaited demerger of Tata Motors‘ passenger vehicle (PV) and commercial vehicle (CV) businesses comes into effect from October 1. The JLR-maker has told analysts that… Continue reading Tata Motors demerger effective from tomorrow. What is known so far on record date, listing timeline
Stellantis turns to longtime CEO associate for CFO job
Laranjo will also take on Ostermann’s responsibilities as head of Stellantis Financial Services and board member at Chinese EV partner Leapmotor. Stellantis named its second chief financial officer in less than a year, as CEO Antonio Filosa on Monday promoted the current finance chief of the North America region with whom he has worked closely… Continue reading Stellantis turns to longtime CEO associate for CFO job
Electric vehicles face a ‘pretty dreadful year’ in the US
Sales of electric models are expected to plummet in the last three months of the year and then remain sluggish for some time. The key factor that nudged Dan McGrath and his wife to lease a Hyundai Ioniq 5 SUV in August was the impending end of a $7,500 federal tax credit available to people… Continue reading Electric vehicles face a ‘pretty dreadful year’ in the US