Electric two-wheeler manufacturer Ather Energy Limited has allocated 4,17,45,576 equity shares to anchor investors at ₹321 per share (including a premium of ₹320 per share), raising approximately ₹13,40 crore ahead of its public offering scheduled to open on Monday. SBI Small Cap Fund emerged as the largest single fund investor, securing 17.9% of the anchor… Continue reading Ather Energy Raises Rs 1,340 Crore from Anchor Investors ahead of IPO
Author: Autocar_Professional India Online News
Maruti Suzuki to Equip All Cars with Six Airbags This Year, Says Chairman Bhargava
Maruti Suzuki India Ltd, the country’s largest car manufacturer, will equip all of its vehicles with six airbags in the ongoing year, aligning with the government’s ongoing efforts to enhance passenger safety, the company’s Chairman RC Bhargava said on Thursday. “We will be having six airbags in virtually all our cars this year,” Bhargava said… Continue reading Maruti Suzuki to Equip All Cars with Six Airbags This Year, Says Chairman Bhargava
NRB Bearings Approves ₹200 Crore Capacity Expansion
The Board of Directors of NRB Bearings Limited has approved a capital expenditure of ₹200 crore aimed at upgrading and enhancing production capacity across its manufacturing facilities located in Jalna, Chikalthana, Waluj, and Hyderabad. This move is intended to meet increasing demand in both domestic and international markets and will be implemented over the next… Continue reading NRB Bearings Approves ₹200 Crore Capacity Expansion
Why Maruti’s R.C. Bhargava Believes Affordable Cars Are Key to India’s Growth Story; Calls for Urgent Regulatory Support
Maruti Suzuki Chairman R.C. Bhargava argues that India’s once-thriving small car segment, which made car ownership accessible to millions, is losing momentum, not due to shifting consumer preferences, but because of rising affordability issues and policy stagnation. “What’s happening is people can’t afford small cars anymore,” Bhargava says, challenging the widely held belief that India’s… Continue reading Why Maruti’s R.C. Bhargava Believes Affordable Cars Are Key to India’s Growth Story; Calls for Urgent Regulatory Support
Indofast Energy and Green Tiger Mobility Partner to Convert Petrol Scooters to Electric
Indofast Energy and Green Tiger Mobility have announced a partnership to retrofit petrol two-wheelers to electric vehicles with battery-swapping capabilities in Bangalore and Delhi NCR. The program allows owners to convert their existing petrol scooters to electric starting at Rs 10,000. The conversion includes RTO approvals, insurance, and regulatory compliance at a fixed cost. Customers… Continue reading Indofast Energy and Green Tiger Mobility Partner to Convert Petrol Scooters to Electric
Maruti Suzuki Forecasts Over 7 Lakh CNG Vehicle Sales in FY26
India’s largest carmaker, Maruti Suzuki India Ltd (MSIL), has projected a robust rise in its compressed natural gas (CNG) vehicle sales, estimating over 7 lakh units to be sold in FY26, up from 6.2 lakh units in FY25 — a growth of nearly 12.9% year-on-year. According to MSIL Chairman R.C. Bhargava, the strong demand for… Continue reading Maruti Suzuki Forecasts Over 7 Lakh CNG Vehicle Sales in FY26
‘We aim to hedge the dependency on Europe with more markets’: Klaus Zellmer
With its recent foray into Vietnam with a major reliance on CKD kits from India, Skoda aims to diversify its business outside of Europe where it is the No. 4 PV player. Skoda eyes 30,000-40,000 units in the Vietnamese market by 2030. Czech carmaker Skoda Auto, which is a key player in the European market by… Continue reading ‘We aim to hedge the dependency on Europe with more markets’: Klaus Zellmer
Maruti Suzuki Sees 9% Decline in Small Car Sales, Warns Muted Growth Without Policy Reboot
Maruti Suzuki, India’s largest carmaker, has raised concerns over the continued decline in small car sales, warning that unless affordability is restored in this segment, overall passenger vehicle growth in the country will remain subdued. The automaker reported a modest 2.7% domestic sales growth in FY25, with small car sales falling by 9% during the… Continue reading Maruti Suzuki Sees 9% Decline in Small Car Sales, Warns Muted Growth Without Policy Reboot
Tata Technologies Reports Strong Q4 FY25 Results with Net Income Up 20.2% YoY
Tata Technologies Limited announced its financial results for the fourth quarter and full fiscal year ending March 31, 2025, reporting a 20.2% year-over-year increase in net income for Q4. The product engineering and digital services company posted a quarterly net income of ₹1,889 million with a net margin of 14.7%, up from 12.1% in the… Continue reading Tata Technologies Reports Strong Q4 FY25 Results with Net Income Up 20.2% YoY
CASE Construction Launches BS (CEV) Stage V-Compliant Equipment in India
CASE Construction Equipment has rolled out its first BS (CEV) Stage V-compliant machine from its manufacturing facility in Pithampur for the Indian market, the company announced today. The rollout marks the beginning of production for CASE’s upgraded equipment lineup, which includes two new vibratory compactors—the 952 NX and 450 NX—as well as the enhanced 1107… Continue reading CASE Construction Launches BS (CEV) Stage V-Compliant Equipment in India