Autocar_Professional India Online News – Page 256

Greaves Cotton Announces Voluntary Dissolution of US Subsidiary

Greaves Cotton Limited today announced that its step-down wholly owned subsidiary, Greaves Technologies Inc (GTI), has submitted an application for voluntary dissolution with the statutory authorities in Delaware, USA. The dissolution is expected to be effective from February 28, 2025, subject to necessary approvals. According to the filing submitted to both the BSE and NSE,… Continue reading Greaves Cotton Announces Voluntary Dissolution of US Subsidiary

Greaves Cotton Announces Voluntary Dissolution of US Subsidiary

Odysse Electric Reports 312 Unit Sales in February, Continues Expansion Across India

Odysse Electric Vehicles recorded sales of 312 units in February 2025, achieving a 10% month-on-month growth as demand for electric mobility solutions continues to rise in India, the company announced Friday. The premium electric vehicle manufacturer has expanded its presence to over 150 cities across 17 states in India, recently strengthening its footprint in Haryana… Continue reading Odysse Electric Reports 312 Unit Sales in February, Continues Expansion Across India

TVS Indeon, subsidiary of Lucas TVS, Ramps-Up Lithium Battery Production

TVS Indeon Ltd., a subsidiary of Lucas TVS Ltd., inaugurated its expanded battery pack production facility at SIPCOT Industrial Park in Gummidipoondi, Chennai on Friday. The facility aims to double daily production to 1,000 battery packs and employ over 200 people with the introduction of second shift operations. The expansion was inaugurated by Smt. D… Continue reading TVS Indeon, subsidiary of Lucas TVS, Ramps-Up Lithium Battery Production

BMW India Foundation Launches STEM Learning Initiative Across Delhi NCR Schools

BMW India Foundation has partnered with Smile Foundation to implement an innovative STEM (Science, Technology, Engineering, and Mathematics) learning initiative across Delhi NCR, targeting over 2,500 students annually from underprivileged communities. The program, launched in February 2025, will serve students in grades 6-8 across 25 schools in Delhi, Noida, Greater Noida, Ghaziabad, Faridabad, and Gurugram,… Continue reading BMW India Foundation Launches STEM Learning Initiative Across Delhi NCR Schools

Tata Communications Finalizes Divestment of Payment Solutions Subsidiary to Transaction Solutions International

Tata Communications has completed the divestment of its wholly-owned subsidiary, Tata Communications Payment Solutions Limited (TCPSL), to Transaction Solutions International (India) Private Limited (TSI), a subsidiary of Australian digital payments provider Findi Ltd. The transaction was finalized on February 28, 2025, following regulatory approval from the Reserve Bank of India and fulfillment of all conditions… Continue reading Tata Communications Finalizes Divestment of Payment Solutions Subsidiary to Transaction Solutions International

Tata Technologies has Named Anish Raghunandan as the President and Client Partner for Tata Motors Group

Tata Technologies has announced the appointment of Anish Raghunandan as President and Client Partner – Tata Motors Group. Effective immediately, he will oversee the company’s engagement with Tata Motors Limited (TML) and Jaguar Land Rover (JLR), focusing on strengthening strategic alignment and collaboration across the Tata Motors Group. With more than 22 years of experience… Continue reading Tata Technologies has Named Anish Raghunandan as the President and Client Partner for Tata Motors Group

Tractor Dispatches Forecast to Grow 7% in February Despite Retail Decline, Motilal Oswal Reports

Tractor dispatches are expected to grow approximately 7% year-over-year in February 2025, contrasting with a projected 4-5% decline in retail sales, according to a recent sector update from Motilal Oswal Financial Services. The February 27 report by analysts Aniket Mhatre and Amber Shukla reveals that tractor demand has remained weak across regions, with overall sentiment… Continue reading Tractor Dispatches Forecast to Grow 7% in February Despite Retail Decline, Motilal Oswal Reports

Commercial Vehicle Dispatches Projected to Decline 3% in February Amid Continued Market Slowdown, Reports Motilal Oswal

Commercial vehicle (CV) dispatches are expected to decline by approximately 3% year-over-year in February 2025, while retail volumes are projected to see a steeper drop of 6-8%, according to a recent sector update by Motilal Oswal Financial Services. The report, published on February 27, paints a challenging picture for the CV segment, which “continues to… Continue reading Commercial Vehicle Dispatches Projected to Decline 3% in February Amid Continued Market Slowdown, Reports Motilal Oswal

Two-Wheeler Dispatches Expected to Grow 5% in February Amid Modest Retail Performance, Says Motilal Oswal

Two-wheeler dispatches are expected to grow approximately 5% year-over-year in February 2025, outpacing the projected 1-3% growth in retail sales, according to a recent sector update from Motilal Oswal Financial Services. In their February 27 report, analysts Aniket Mhatre and Amber Shukla highlight that rural markets continue to outperform urban areas, driven by improved agricultural… Continue reading Two-Wheeler Dispatches Expected to Grow 5% in February Amid Modest Retail Performance, Says Motilal Oswal