Bain Capital-backed Dhoot Transmission Files Confidential IPO Papers With Sebi

Auto components manufacturer Dhoot Transmission, backed by private equity firm Bain Capital, has filed draft papers with the Securities and Exchange Board of India (Sebi) under the confidential pre-filing route, signalling the company’s intent to tap the primary markets. The development was disclosed through a public filing advertisement issued by the company, a regulatory requirement… Continue reading Bain Capital-backed Dhoot Transmission Files Confidential IPO Papers With Sebi

Video: Ashok Leyland Says Electronics are Redefining BS6 Heavy Trucks

BS6 has fundamentally altered the role electronics play in commercial vehicles, shifting the focus from mechanical robustness alone to uptime, diagnostics and operational efficiency, Sanjeev Kumar, President, M&HCV at Ashok Leyland, told Autocar Professional. Earlier-generation trucks, largely mechanical in nature, depended heavily on operator intervention. In contrast, BS6 platforms are built on a connected electronic… Continue reading Video: Ashok Leyland Says Electronics are Redefining BS6 Heavy Trucks

Budget to Support CV Demand, EV Adoption; Auto Sector Impact Neutral to Mildly Positive: ICRA

Higher government spending on infrastructure and public mobility announced in the Union Budget 2026-27 is expected to support demand for commercial vehicles, particularly multi-axle trucks and tippers, while the overall impact on the automotive sector is likely to be neutral to mildly positive, according to rating agency ICRA. The Union Budget raised capital outlay on… Continue reading Budget to Support CV Demand, EV Adoption; Auto Sector Impact Neutral to Mildly Positive: ICRA

Budget to Support CV Demand, EV Adoption; Auto Sector Impact Neutral to Mildly Positive: ICRA

Higher government spending on infrastructure and public mobility announced in the Union Budget 2026-27 is expected to support demand for commercial vehicles, particularly multi-axle trucks and tippers, while the overall impact on the automotive sector is likely to be neutral to mildly positive, according to rating agency ICRA. The Union Budget raised capital outlay on… Continue reading Budget to Support CV Demand, EV Adoption; Auto Sector Impact Neutral to Mildly Positive: ICRA

Olectra Greentech Q3 FY26 Revenue Rises 29%; Profit Largely Flat

Electric bus and tipper maker Olectra Greentech Ltd reported a 29% year-on-year increase in consolidated revenue to ₹663.60 crore for the third quarter ended December 31, 2025, supported by higher vehicle deliveries, while net profit remained largely unchanged. Profit after tax for the quarter stood at ₹46.68 crore, marginally higher than ₹46.62 crore reported in… Continue reading Olectra Greentech Q3 FY26 Revenue Rises 29%; Profit Largely Flat

MG Cyberster Claims Top Position in India’s Sports Car Market for 2025

JSW MG Motor India has reported that the Cyberster emerged as the country’s best-selling sports car during 2025. The vehicle, marketed as the world’s fastest MG, achieved sales exceeding 500 units within approximately six months of launch. The success of the Cyberster has positioned MG SELECT, the company’s luxury brand channel, as the second-largest player… Continue reading MG Cyberster Claims Top Position in India’s Sports Car Market for 2025

Skoda Kylaq Marks First Anniversary with 50,000 Families Across India

Skoda Auto India’s Kylaq has completed its first year in the market, reaching over 50,000 families across the country. The milestone marks a significant achievement for the brand’s entry into the compact SUV segment. Ashish G., Brand Director at Skoda Auto India, announced the anniversary celebration through a LinkedIn post, highlighting the model’s contribution to… Continue reading Skoda Kylaq Marks First Anniversary with 50,000 Families Across India

Battery Smart Concludes Debut HackSmart Tech Hackathon With AWS

Battery Smart has concluded its inaugural HackSmart technology hackathon, organized in partnership with Amazon Web Services, the company announced Monday. The event drew over 1,000 registrations from engineering students across India. The hackathon, which began on January 31 and concluded with a 24-hour intensive build sprint, attracted participants from premier institutions including the Indian Institutes… Continue reading Battery Smart Concludes Debut HackSmart Tech Hackathon With AWS

Skoda India Reports Strong January Performance, Unveils 2026 Strategy

Skoda Auto India has reported robust sales performance for January 2026, selling 5,739 vehicles and recording a year-on-year growth of 39 percent. The company’s Brand Director, Ashish Gupta, described the month as setting the tone for what the automaker expects to be a landmark year. The Skoda Slavia emerged as the top-selling executive sedan in… Continue reading Skoda India Reports Strong January Performance, Unveils 2026 Strategy

DrivN Secures USD 80 Mn Financing Commitment From Nomura

Drivn, a full-stack electric mobility platform focused on large commercial vehicles, secured financing commitments of up to USD 80 million from Nomura on 2nd February 2026 to support deployment of electric buses and trucks across India’s inter-city and heavy transport segments. The funding from Nomura, the global financial services group, is subject to documentation and… Continue reading DrivN Secures USD 80 Mn Financing Commitment From Nomura