FAME II likely to get a six-month extension  

The Indian Government is currently deliberating on the extension of the FAME II subsidy scheme by six months, even as there is lack of clarity on the revised FAME III programme. The proposed extension is in response to representations and appeals made by various industry associations. Federation of Indian Chambers of Commerce and Industry (FICCI) recently… Continue reading FAME II likely to get a six-month extension  

FAME II likely to get a six-month extension  

The Indian Government is currently deliberating on the extension of the FAME II subsidy scheme by six months, even as there is lack of clarity on the revised FAME III programme. The proposed extension is in response to representations and appeals made by various industry associations. Federation of Indian Chambers of Commerce and Industry (FICCI) recently… Continue reading FAME II likely to get a six-month extension  

FAME II likely to get a six-month extension  

The Indian Government is currently deliberating on the extension of the FAME II subsidy scheme by six months, even as there is lack of clarity on the revised FAME III programme. The proposed extension is in response to representations and appeals made by various industry associations. Federation of Indian Chambers of Commerce and Industry (FICCI) recently… Continue reading FAME II likely to get a six-month extension  

FAME II likely to get a six-month extension  

The Indian Government is currently deliberating on the extension of the FAME II subsidy scheme by six months, even as there is lack of clarity on the revised FAME III programme. The proposed extension is in response to representations and appeals made by various industry associations. Federation of Indian Chambers of Commerce and Industry (FICCI) recently… Continue reading FAME II likely to get a six-month extension  

FAME II likely to get a six-month extension  

The Indian Government is currently deliberating on the extension of the FAME II subsidy scheme by six months, even as there is lack of clarity on the revised FAME III programme. The proposed extension is in response to representations and appeals made by various industry associations. Federation of Indian Chambers of Commerce and Industry (FICCI) recently… Continue reading FAME II likely to get a six-month extension  

Revfin secures US$ 14 million in Series B funding

Revfin, a digital lending platform, has successfully concluded its Series B funding round, raising US$ 14 million (Rs 115 crore). The funding was led by Omidyar Network, with participation from the Asian Development Bank, Companion Capital Limited, and existing investors Green Frontiers Capital and LC Nueva. This funding brings Revfin’s total capital raised through debt… Continue reading Revfin secures US$ 14 million in Series B funding

Revfin secures US$ 14 million in Series B funding

Revfin, a digital lending platform, has successfully concluded its Series B funding round, raising US$ 14 million (Rs 115 crore). The funding was led by Omidyar Network, with participation from the Asian Development Bank, Companion Capital Limited, and existing investors Green Frontiers Capital and LC Nueva. This funding brings Revfin’s total capital raised through debt… Continue reading Revfin secures US$ 14 million in Series B funding

Tata Hitachi poised for 10-12% YoY growth in FY24

Tata Hitachi, a joint venture between Indian auto giant Tata Motors and Japan’s Hitachi Construction Machinery (HCM), is poised for a double-digit revenue increase in the current fiscal year ending March 2024, on the back of strong demand from the construction equipment market. Sandeep Singh, Managing Director of Tata Hitachi, informed Autocar Professional that the company… Continue reading Tata Hitachi poised for 10-12% YoY growth in FY24

Auto news that shaped 2023

Auto Expo finally made its comeback, JVs were signed, milestones passed, and at Autocar, we got busy breaking records. Here are key auto industry highlights from 2023, in no specific order. Show Stoppers   After skipping an edition due to Covid-19, the biennial Auto Expo made its comeback, but not with a bang, more a whimper. Still, Expo… Continue reading Auto news that shaped 2023

Tata Motors bags 1350 bus chassis order from UP State Road Transport Corporation

Tata Motors, India’s largest commercial vehicle manufacturer won an order from the Uttar Pradesh State Road Transport Corporation (UPSRTC) to supply 1,350 units of the Tata LPO 1618 diesel bus chassis. Developed for intercity and long-distance travel, the Tata LPO 1618 conforms to BS6 emission protocols, and offers best-in-class total cost of ownership (TCO), the… Continue reading Tata Motors bags 1350 bus chassis order from UP State Road Transport Corporation