Ashok Leyland concludes the 4000kms plus drive at Leh

Ashok Leyland concluded the 4000kms plus drive – Manzil ka Safar in the Stallion Truck at Leh, in the presence of Amandeep Singh, President LCV, International Operations, Defense and Power Solutions, Ashok Leyland; Major General Manjeet Singh Mokha, SM, Chief of Staff HQ XIV Corps; and Major General Sarabjit Singh Bakshi, SM, General Officer Commanding, Leh… Continue reading Ashok Leyland concludes the 4000kms plus drive at Leh

Schaeffler India acquires automotive e-commerce platform Koovers for Rs 142.4 crore

Schaeffler India, the industrial and automotive parts maker, has approved the acquisition of Bengaluru-based automotive aftersales B2B e-commerce platform Koovers for Rs 142.4 crore.  This will be done via a share purchase agreement and the transaction  will be completed in the third quarter of CY 2023.  Koovers reported revenues of Rs 777 million in FY… Continue reading Schaeffler India acquires automotive e-commerce platform Koovers for Rs 142.4 crore

Log9 indicates production hit on delayed visas to Chinese experts: Report

Log9 Materials has said that its production facility at Bengaluru could be affected due to the late arrrival of Chinese experts on the back of delayed visa application approvals by the New Delhi Government.  “If Chinese engineers don’t arrive on time, then our cell line production will get impacted, the lithium ion battery manufacturer’s Co-founder… Continue reading Log9 indicates production hit on delayed visas to Chinese experts: Report

Quantum Energy inaugurates new EV showroom in Kolhapur

Quantum Energy, a leading electric vehicle (EV) startup specialising in the design, development, and manufacturing of electric scooters, has announced the inauguration of its new showroom in Kolhapur, Maharashtra. This new addition marks the company’s fourth EV two-wheeler showroom in the state. Customers can take a look at the electric scooters including the Plasma, Elektron,… Continue reading Quantum Energy inaugurates new EV showroom in Kolhapur

Quantum Energy inaugurates new EV showroom in Kolhapur

Quantum Energy, a leading electric vehicle (EV) startup specialising in the design, development, and manufacturing of electric scooters, has announced the inauguration of its new showroom in Kolhapur, Maharashtra. This new addition marks the company’s fourth EV two-wheeler showroom in the state. Customers can take a look at the electric scooters including the Plasma, Elektron,… Continue reading Quantum Energy inaugurates new EV showroom in Kolhapur

Toyota Rumion priced at Rs 10.29 lakh, bookings open

Toyota Kirloskar Motor officially announced the start of bookings and the prices of its new Toyota Rumion which was launched earlier this August.  The latest offering will be available at ex-showroom prices from Rs 10,29,000 toRs 13,68,000, with deliveries expected to commence from 8 September onwards.  Atul Sood, Vice President – Sales and Strategic Marketing,… Continue reading Toyota Rumion priced at Rs 10.29 lakh, bookings open

Toyota Rumion priced at Rs 10.29 lakh, bookings open

Toyota Kirloskar Motor officially announced the start of bookings and the prices of its new Toyota Rumion which was launched earlier this August.  The latest offering will be available at ex-showroom prices from Rs 10,29,000 toRs 13,68,000, with deliveries expected to commence from 8 September onwards.  Atul Sood, Vice President – Sales and Strategic Marketing,… Continue reading Toyota Rumion priced at Rs 10.29 lakh, bookings open

Ashok Leyland launches CNG-powered 18.5T long-haul truck with 1,150km range

Ashok Leyland has expanded its CNG truck portfolio with the launch of the new 1922 4X2 haulage truck with CNG power. The new 1922 CNG truck, which has four different loading span options – 20 feet, 22 feet, 24 feet and 32 feet – is powered by the proven H6 CNG engine with 162 kW… Continue reading Ashok Leyland launches CNG-powered 18.5T long-haul truck with 1,150km range

Gulf Oil Lubricants approves acquiring 51% stake in Tirex Transmission for Rs 103 crore

Gulf Oil Lubricants stated via an exchange notification that has approved the acquisition of a 51% stake in Tirex Transmission, an Ahmedabad-based manufacturer of DC fast chargers for electric vehicles, for Rs 103 crore. Tirex Transmission has deployed over 400 high-capacity EV fast chargers across the country and has a comprehensive range of DC chargers, spanning from 30KW to 240KW,… Continue reading Gulf Oil Lubricants approves acquiring 51% stake in Tirex Transmission for Rs 103 crore

Climate action needs to be more ambitious: UN Special Envoy Mark Carney

“Countries must pursue an increasingly ambitious climate policy. Just like we see an increase in investments for clean energy, we need to see climate action becoming increasingly ambitious,” stated Mark Carney, UN Special Envoy for Climate Action and Finance, Co-Chair, GFANZ and Chair and Head of Transition Investing, Brookfield Asset Management at the B20 Summit… Continue reading Climate action needs to be more ambitious: UN Special Envoy Mark Carney