Sona BLW Precision Forgings Ltd. (Sona Comstar) has released a formal clarification addressing recent misinformation circulating in the media. The company stated that Rani Kapur has had no role in the organization since 2019 and holds no position or ownership stake, making any claims regarding her influence or consent on company matters legally baseless. Sona… Continue reading Sona Comstar Issues Clarification on Governance, Shareholding, and Misinformation
Author: Autocar_Professional India Online News
CCI approves Renault’s deal to buyout JV with Nissan in India
The Competition Commission of India (CCI) has approved Renault Group’s plan to take full control of Renault Nissan Automotive India Pvt Ltd (RNAIPL), marking a significant shift in the global alliance’s India strategy. On Monday, the CCI said it has cleared the proposed acquisition of equity shares and non-convertible redeemable preference shares held by Nissan… Continue reading CCI approves Renault’s deal to buyout JV with Nissan in India
Govt Proposes 2nd Phase Of Fuel Efficiency Norms For CVs, Brings LCVs Under Regulation
The Ministry of Power on Monday released the draft proposal for implementing future fuel efficiency norms for commercial vehicles. The draft proposes a new methodology for establishing baselines for fuel consumption, critically expands regulatory coverage to include all fuel types beyond just diesel, and notably brings Light Commercial Vehicles (LCVs) under its ambit for the… Continue reading Govt Proposes 2nd Phase Of Fuel Efficiency Norms For CVs, Brings LCVs Under Regulation
Kinetic Watts and Volts Aims to be Among Top 3 e-2W Makers in 3 Years with Kinetic DX
In a revival of an iconic name, Kinetic Watts and Volts, the electric vehicle subsidiary of Pune-based Firodia family’s Kinetic Engineering Ltd, relaunched the legendary Kinetic DX—this time as an all-electric scooter on Monday. Banking on the legacy of its iconic predecessor, Kinetic Engineering says it will be among the top three in the crowded… Continue reading Kinetic Watts and Volts Aims to be Among Top 3 e-2W Makers in 3 Years with Kinetic DX
Motherson Sumi Wiring India Reports 14% YoY Revenue Growth in Q1 FY26
Motherson Sumi Wiring India Limited (MSWIL) has reported a 14% year-on-year increase in revenue for the first quarter of FY2025–26, reaching ₹2,338 crore. This growth significantly outpaced the domestic automotive industry’s 3% rise over the same period, showcasing the company’s strong content growth and participation in new model launches. Chairman Vivek Chaand Sehgal highlighted MSWIL’s… Continue reading Motherson Sumi Wiring India Reports 14% YoY Revenue Growth in Q1 FY26
SUPRA SAEINDIA 2025 Set for August at Buddh International Circuit
The 12th edition of SUPRA SAEINDIA, titled “Maruti Suzuki Presents SUPRA SAEINDIA 2025”, will take place from August 13-16, 2025 at Buddh International Circuit in Greater Noida, bringing together 61 teams from engineering institutes to compete in India’s student engineering design competition where participants design, build, and race formula-style vehicles. The four-day event will feature… Continue reading SUPRA SAEINDIA 2025 Set for August at Buddh International Circuit
SIAM and PNGRB Host Gas Mobility Roundtable in New Delhi
The Society of Indian Automobile Manufacturers (SIAM) and Petroleum and Natural Gas Regulatory Board (PNGRB) organized a roundtable conference on gas-based mobility at India Habitat Centre on Monday. The event brought together government officials, industry leaders and experts to discuss the role of Compressed Natural Gas (CNG), Compressed Bio-Gas (CBG) and Liquefied Natural Gas (LNG)… Continue reading SIAM and PNGRB Host Gas Mobility Roundtable in New Delhi
Uno Minda Launches LED Blinkers for Royal Motorcycles in Indian Aftermarket
Uno Minda, a Tier 1 automotive component supplier to Original Equipment Manufacturers (OEMs), has introduced advanced LED blinkers specifically for Royal motorcycles in the Indian aftermarket. The new offering is aimed at enhancing both on-road visibility and design compatibility for motorcycle riders seeking practical upgrades. The LED blinkers are equipped with high-visibility lighting designed to… Continue reading Uno Minda Launches LED Blinkers for Royal Motorcycles in Indian Aftermarket
Transport Corporation of India Posts 17% Rise in Q1 FY26 Profit
Transport Corporation of India Ltd. (TCI), one of India’s leading integrated logistics and supply chain solution providers, has reported a 17% year-on-year increase in consolidated Profit After Tax (PAT) for the first quarter of FY2025–26, reaching ₹107.2 crore, up from ₹91.6 crore in Q1 FY2024. The company’s consolidated revenue stood at ₹1,150.6 crore, marking a… Continue reading Transport Corporation of India Posts 17% Rise in Q1 FY26 Profit
Magenta Mobility Appoints Ankur Bhandari as Head of Finance
Magenta Mobility has appointed Ankur Bhandari as Head of Finance, bringing over 15 years of financial leadership experience to the electric mobility solutions provider. The appointment was announced today as the company prepares for its next phase of growth and innovation. Bhandari joins Magenta Mobility from a career spanning the chemicals, retail, consumer goods, and… Continue reading Magenta Mobility Appoints Ankur Bhandari as Head of Finance