The global supply chain for critical materials has been thrust into uncertainty following China’s implementation of new export restrictions on rare earth magnets. According to a June 5 Reuters report, India is now actively developing a comprehensive strategy to counter this challenge by establishing domestic production capabilities and reducing its dependence on Chinese supplies. China’s… Continue reading Government Considers Fiscal Incentives for Rare Earth Magnet Production to Counter China Dependence: Reuters
Author: Autocar_Professional India Online News
The Road to Circularity: Why Waste is the Next Big Corporate Priority
The ever-expanding sprawl of a bustling metropolis, the hum of industry, and the relentless march of progress, all leave in their wake an undeniable footprint – Waste. Among the myriad challenges this presents, plastic pollution has emerged as a particularly formidable adversary, choking landfills, polluting oceans, and threatening our ecosystem. For too long, plastic, a… Continue reading The Road to Circularity: Why Waste is the Next Big Corporate Priority
PM Flags Off 200 PMI Electric Buses in Push for Green Mobility
On the occasion of World Environment Day, Prime Minister Narendra Modi flagged off 200 electric DEVi buses manufactured by PMI Electro Mobility in Delhi. The initiative is part of a broader push to promote sustainable public transportation and reduce carbon emissions under the government’s Green Viksit Bharat mission. The newly launched electric buses will operate… Continue reading PM Flags Off 200 PMI Electric Buses in Push for Green Mobility
Uber Reserve Sees Nearly 200% Year-on-Year Growth as More Indians Opt for Advance Ride Booking
Advance ride scheduling sees nearly 200% year-on-year growth, with airport trips, festive seasons, and office commutes emerging as key use cases across major cities including Delhi, Bengaluru, Chennai, Mumbai, and Hyderabad. Uber has reported a substantial increase in the use of its pre-scheduled ride feature, Uber Reserve, across India during 2024. The company noted nearly… Continue reading Uber Reserve Sees Nearly 200% Year-on-Year Growth as More Indians Opt for Advance Ride Booking
Ola Electric Shares Face Pressure as Bhavish Aggarwal Pledges More Equity for AI Venture
Bhavish Aggarwal, founder of Ola Electric and the artificial intelligence startup Krutrim, has pledged an additional 5.88 crore shares of Ola Electric to secure funding for his AI startup. The move represents the second installment of share pledging by Aggarwal to finance his artificial intelligence venture, bringing total encumbered shares to approximately 2.43 percent of… Continue reading Ola Electric Shares Face Pressure as Bhavish Aggarwal Pledges More Equity for AI Venture
Ola Electric Shares Face Pressure as Bhavish Aggarwal Pledges More Equity for AI Venture
Bhavish Aggarwal, founder of Ola Electric and the artificial intelligence startup Krutrim, has pledged an additional 5.88 crore shares of Ola Electric to secure funding for his AI startup. The move represents the second installment of share pledging by Aggarwal to finance his artificial intelligence venture, bringing total encumbered shares to approximately 2.43 percent of… Continue reading Ola Electric Shares Face Pressure as Bhavish Aggarwal Pledges More Equity for AI Venture
Ola Electric Shares Face Pressure as Bhavish Aggarwal Pledges More Equity for AI Venture
Bhavish Aggarwal, founder of Ola Electric and the artificial intelligence startup Krutrim, has pledged an additional 5.88 crore shares of Ola Electric to secure funding for his AI startup. The move represents the second installment of share pledging by Aggarwal to finance his artificial intelligence venture, bringing total encumbered shares to approximately 2.43 percent of… Continue reading Ola Electric Shares Face Pressure as Bhavish Aggarwal Pledges More Equity for AI Venture
TVS Motor Elevates Managing Director Sudarshan Venu to Chairman Role
TVS Motor Company announced that its Board of Directors has approved the elevation of Managing Director Sudarshan Venu to Chairman, effective August 25, 2025. Venu will serve as both Chairman and Managing Director following the transition. The appointment comes as current Chairman Sir Ralf Speth informed the board that he will not seek re-appointment as… Continue reading TVS Motor Elevates Managing Director Sudarshan Venu to Chairman Role
TVS Motor Elevates Managing Director Sudarshan Venu to Chairman Role
TVS Motor Company announced that its Board of Directors has approved the elevation of Managing Director Sudarshan Venu to Chairman, effective August 25, 2025. Venu will serve as both Chairman and Managing Director following the transition. The appointment comes as current Chairman Sir Ralf Speth informed the board that he will not seek re-appointment as… Continue reading TVS Motor Elevates Managing Director Sudarshan Venu to Chairman Role
Suzuki Halts Swift Production in Japan as China Restricts Rare Earth Exports
Suzuki Motor suspended production of its Swift compact car in Japan due to parts shortages caused by China’s restrictions on rare earth exports, marking the first time Chinese export controls have directly affected a Japanese automaker. The production halt, which excludes the Swift Sport model, ran from May 26 through June 6. Suzuki will partially… Continue reading Suzuki Halts Swift Production in Japan as China Restricts Rare Earth Exports