VMS TMT Limited, a Gujarat-based manufacturer of TMT bars marketed under the Kamdhenu brand, has successfully raised Rs 26.73 crores from anchor investors ahead of its initial public offering scheduled to commence on September 17, 2025. The company allocated 27,00,000 equity shares at Rs 99 per share to five institutional investors. Saint Capital Fund emerged… Continue reading VMS TMT Limited Secures Rs 27 Crores from Anchor Investors Ahead of IPO
Author: Autocar_Professional India Online News
Matter’s e-Motorcycle Push in a Scooter Dominated Market
When electric motorcycle startup Matter Motor Works Pvt Ltd, was founded by Mohal Lalbhai in 2019, the electric two-wheeler market in India was still at a nascent stage. Barely 30,000 units were being sold annually, and scooters were seen as the natural spearhead of electrification. Startups such as Ather Energy and Okinawa had entered early,… Continue reading Matter’s e-Motorcycle Push in a Scooter Dominated Market
Ford to Cut Up to 1,000 Jobs in Germany Amid Slowing EV Demand
Ford Motor Co. will cut as many as 1,000 jobs at its electric vehicle plant in Cologne, Germany, citing weaker-than-expected demand for battery-powered cars, Fortune reported Tuesday. The company said the reductions would be carried out primarily through voluntary departures and buyouts. The move comes on top of a restructuring announced in November 2024 that… Continue reading Ford to Cut Up to 1,000 Jobs in Germany Amid Slowing EV Demand
Ford to Cut Up to 1,000 Jobs in Germany Amid Slowing EV Demand
Ford Motor Co. will cut as many as 1,000 jobs at its electric vehicle plant in Cologne, Germany, citing weaker-than-expected demand for battery-powered cars, Fortune reported Tuesday. The company said the reductions would be carried out primarily through voluntary departures and buyouts. The move comes on top of a restructuring announced in November 2024 that… Continue reading Ford to Cut Up to 1,000 Jobs in Germany Amid Slowing EV Demand
SJS Enterprises Partners with BOE Varitronix for Automotive Display Manufacturing
S.J.S. Enterprises Limited has entered into a strategic Memorandum of Understanding with Hong Kong-based BOE Varitronix Limited to develop automotive display manufacturing capabilities in India. The partnership was disclosed to stock exchanges on September 16, 2025, in compliance with regulatory requirements. The MoU outlines plans for BOE Varitronix to transfer technology to SJS Enterprises for… Continue reading SJS Enterprises Partners with BOE Varitronix for Automotive Display Manufacturing
Apollo Tyres Secures Team India Jersey Sponsorship in ₹579 Crore Deal
Apollo Tyres has emerged as the new jersey sponsor for the Indian cricket team, signing a three-year agreement valued at ₹579 crore. A senior BCCI official confirmed the development to PTI on Tuesday, adding that the formal announcement will follow soon. The bidding process took place on September 16. Apollo Tyres outbid Canva and JK… Continue reading Apollo Tyres Secures Team India Jersey Sponsorship in ₹579 Crore Deal
FORVIA HELLA Launches World’s First Intelligent Power Distribution Module with Electronic Fuses
International automotive supplier FORVIA HELLA announced Monday that it has launched the world’s first intelligent Power Distribution Module (iPDM) into series production for a premium manufacturer. The system represents the first automotive application of electronic fuses, known as eFuses, and is designed to ensure reliable power supply for highly automated driving functions. The iPDM continuously… Continue reading FORVIA HELLA Launches World’s First Intelligent Power Distribution Module with Electronic Fuses
FORVIA HELLA Launches World’s First Intelligent Power Distribution Module with Electronic Fuses
International automotive supplier FORVIA HELLA announced Monday that it has launched the world’s first intelligent Power Distribution Module (iPDM) into series production for a premium manufacturer. The system represents the first automotive application of electronic fuses, known as eFuses, and is designed to ensure reliable power supply for highly automated driving functions. The iPDM continuously… Continue reading FORVIA HELLA Launches World’s First Intelligent Power Distribution Module with Electronic Fuses
MIC Electronics Wins ₹1.76 Crore Indian Railways Contracts
MIC Electronics Limited has been awarded contracts worth ₹1.76 crore by Indian Railways to modernize passenger amenities and safety systems. The Hyderabad-based company will work on projects spanning multiple railway divisions over the next nine months. The Sambalpur Division of East Coast Railway has contracted MIC Electronics to upgrade passenger information systems at eight Amrit… Continue reading MIC Electronics Wins ₹1.76 Crore Indian Railways Contracts
Tata Motors and ThunderPlus Partner to Expand EV Charging Access Across Tier-2 and Tier-3 India
Tata Motors Limited and ThunderPlus Solutions Pvt. Ltd. have announced a strategic partnership to accelerate electric vehicle adoption in India’s tier-2, tier-3 cities and rural markets by addressing charging infrastructure gaps. The collaboration follows the launch of the Tata Ace EV Pro, which supports the 3.3 kW AC charging protocol and has gained traction among… Continue reading Tata Motors and ThunderPlus Partner to Expand EV Charging Access Across Tier-2 and Tier-3 India