Godrej Enterprises Group announced on Monday that its tooling business division has secured three patents focused on precision engineering and manufacturing automation, bringing the conglomerate’s total patent portfolio to 122. The patents cover smart die casting technology, railway coach and bogie automation systems, and advanced tooling solutions designed to improve manufacturing efficiency across industrial sectors.… Continue reading Godrej Enterprises Group tooling unit receives three patents for manufacturing automation
Author: Autocar_Professional India Online News
Mahindra & Mahindra Stake Falls to 78.11% in Electric Vehicle Unit
Mahindra & Mahindra’s stake in its electric vehicle unit fell from 100% to 78.11% on September 1st after two investors converted preference shares into equity. The Indian carmaker’s subsidiary, Mahindra Last Mile Mobility Limited (MLMML), allotted 25.25m shares to the International Finance Corporation and India Japan Fund under agreements signed in 2023 and 2024. IFC… Continue reading Mahindra & Mahindra Stake Falls to 78.11% in Electric Vehicle Unit
Mahindra & Mahindra Stake Falls to 78.11% in Electric Vehicle Unit
Mahindra & Mahindra’s stake in its electric vehicle unit fell from 100% to 78.11% on September 1st after two investors converted preference shares into equity. The Indian carmaker’s subsidiary, Mahindra Last Mile Mobility Limited (MLMML), allotted 25.25m shares to the International Finance Corporation and India Japan Fund under agreements signed in 2023 and 2024. IFC… Continue reading Mahindra & Mahindra Stake Falls to 78.11% in Electric Vehicle Unit
IIM-B’lore’s NSRCEL gives fillip to mobility startups
The mobility ecosystem is undergoing a fundamental shift, with electrification, connectivity, automation, and the push for sustainable transportation driving the sector towards a major overhaul, it is opening opportunities for new entrants to offer breakthrough solutions. However, for the early-stage entrepreneurs, navigating this fast-changing landscape is often a daunting journey, particularly when policy frameworks continue to… Continue reading IIM-B’lore’s NSRCEL gives fillip to mobility startups
IIM-B’lore’s NSRCEL gives fillip to mobility startups
The mobility ecosystem is undergoing a fundamental shift, with electrification, connectivity, automation, and the push for sustainable transportation driving the sector towards a major overhaul, it is opening opportunities for new entrants to offer breakthrough solutions. However, for the early-stage entrepreneurs, navigating this fast-changing landscape is often a daunting journey, particularly when policy frameworks continue to… Continue reading IIM-B’lore’s NSRCEL gives fillip to mobility startups
JK Tyre Announces Key Management Changes
JK Tyre & Industries Ltd., has announced significant management restructuring with the promotion of two senior executives to new roles, as disclosed to stock exchanges on Tuesday. The company has promoted Sanjiv Saxena, previously serving as Senior Vice President of Corporate Accounts, to the position of Commercial Director with immediate effect. In his new role, Saxena… Continue reading JK Tyre Announces Key Management Changes
Exclusive: TVS Motor Sells Over 10,000 Electric 3-Wheelers in Eight Months
TVS Motor Co, the latest legacy ICE three-wheeler OEM to enter the electric three-wheeler market in India, has achieved its first key sales milestone: 10,000 units. As per the latest retail sales data on the Vahan portal, the company has delivered a total of 10,044 units between January and August 2025, with sales increasing month… Continue reading Exclusive: TVS Motor Sells Over 10,000 Electric 3-Wheelers in Eight Months
Exclusive: TVS Motor Sells Over 10,000 Electric 3-Wheelers in Eight Months
TVS Motor Co, the latest legacy ICE three-wheeler OEM to enter the electric three-wheeler market in India, has achieved its first key sales milestone: 10,000 units. As per the latest retail sales data on the Vahan portal, the company has delivered a total of 10,044 units between January and August 2025, with sales increasing month… Continue reading Exclusive: TVS Motor Sells Over 10,000 Electric 3-Wheelers in Eight Months
Tata Motors Reports Global IT Security Incident at JLR Operations
Tata Motors Limited has disclosed a significant IT security incident affecting its UK-based subsidiary Jaguar Land Rover Automotive Plc (JLR), according to a regulatory filing made with Indian stock exchanges on Sunday. The disclosure contained a brief statement from JLR: “We are working at pace to resolve global IT issues impacting our business. We will… Continue reading Tata Motors Reports Global IT Security Incident at JLR Operations
Skoda VW India’s FY25: Scale Grows, Profit Stays Flat at ₹94 Cr on ₹19,053 Cr Revenue
Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL) – the Indian arm of Europe’s largest carmaker – posted flat revenues and profits in FY2024-25, with topline at ₹19,053 crore (FY24: ₹18,960 crore) and net profit at ₹94 crore (FY24: ₹96 crore). The year was marked by what the company described as “consolidation and stability,” as modest… Continue reading Skoda VW India’s FY25: Scale Grows, Profit Stays Flat at ₹94 Cr on ₹19,053 Cr Revenue