Bharat Forge raises Rs 1,650 crore via QIP for debt repayment

Bharat Forge Ltd raised Rs 1,650 crore through a Qualified Institutional Placement (QIP), which concluded on December 9, 2024. The funds raised through the QIP will be directed toward debt repayment and financing the company’s previously announced inorganic growth initiatives. The issue saw strong interest from both domestic and international investors, generating demand over 10… Continue reading Bharat Forge raises Rs 1,650 crore via QIP for debt repayment

Isuzu Motors India launches nationwide ‘ISUZU I-Care Winter Camp’

Isuzu Motors India has announced the launch of its ‘ISUZU I-Care Winter Camp,’ a service initiative designed to provide maintenance benefits for Isuzu D-MAX Pick-ups and SUVs. Scheduled from December 9 to December 14, 2024, the camp will be held at all Isuzu authorized dealer service outlets across the country.   The service camp aims… Continue reading Isuzu Motors India launches nationwide ‘ISUZU I-Care Winter Camp’

HORIBA opens hydrogen internal combustion engine test bed facility in Pune

HORIBA India, a subsidiary of Kyoto-based HORIBA Ltd., launched its first Hydrogen Internal Combustion Engine (H2-ICE) test bed facility at the HORIBA India Technical Center in Chakan, Pune. The new facility is designed to test hydrogen-fuel-based internal combustion engines, paving the way for advancements in energy efficiency and sustainability. This new test bed facility represents… Continue reading HORIBA opens hydrogen internal combustion engine test bed facility in Pune

HORIBA opens hydrogen internal combustion engine test bed facility in Pune

HORIBA India, a subsidiary of Kyoto-based HORIBA Ltd., launched its first Hydrogen Internal Combustion Engine (H2-ICE) test bed facility at the HORIBA India Technical Center in Chakan, Pune. The new facility is designed to test hydrogen-fuel-based internal combustion engines, paving the way for advancements in energy efficiency and sustainability. This new test bed facility represents… Continue reading HORIBA opens hydrogen internal combustion engine test bed facility in Pune

Apollo Tyres awarded British Safety Council’s ‘Sword of Honour’

Apollo Tyres has been recognised with the prestigious Sword of Honour from the British Safety Council, demonstrating excellence in the management of health and safety risks at work. The company’s Andhra Pradesh plant was awarded with British Safety Council’s ‘Sword of Honour’, following its achievement of Five Stars in British Safety Council’s health and safety management audit… Continue reading Apollo Tyres awarded British Safety Council’s ‘Sword of Honour’

Maruti Grand Vitara crosses 250,000 sales in 26 months

The Maruti Grand Vitara, launched on September 26, 2022, has achieved cumulative wholesales of 250,000 units in November 2024, when it sold 10,148 units. The premium midsize SUV, which had raced past the 200,000-unit sales milestone in early July 2024, took a little over four months to clock the additional 50,000 units. In the process, the… Continue reading Maruti Grand Vitara crosses 250,000 sales in 26 months

Toyota Kirloskar Motor launches ‘Toyota Youth Connect’ to enhance skill development in Karnataka

Toyota Kirloskar Motor (TKM) has launched the “Toyota Youth Connect” program, a three-week initiative aimed at bridging the gap between academic education and industry requirements. The program, conducted across all 30 districts of Karnataka, targeted over 7,700 youth and collaborated with more than 70 Industrial Training Institutes (ITIs) to introduce students to career opportunities in… Continue reading Toyota Kirloskar Motor launches ‘Toyota Youth Connect’ to enhance skill development in Karnataka

BOCI announces new leadership

The Bus and Car Operators Confederation of India (BOCI), the apex body representing passenger transport operators across the country, has announced its new National Committee for a three-year term. The key members of the committee include Prasanna Patwardhan as National President, A. Afzal as National Vice President, Dharmaraj D.R. as General Secretary, Harsh Kotak as… Continue reading BOCI announces new leadership

Global innovators to showcase battery solutions at Bharat Battery Show 2025

The Bharat Battery Show, part of the Bharat Mobility Global Expo 2025, is set to feature participation from over 100 companies across various countries, including the USA, Japan, Korea, Singapore, China, and India. The event is expected to attract more than 500,000 visitors from over 50 countries and will take place at the Bharat Mandapam… Continue reading Global innovators to showcase battery solutions at Bharat Battery Show 2025

Kia India to increase prices by up to 2% starting January 2025

Kia India has announced a price hike of up to 2% across its entire product range, effective from January 1, 2025. The decision has been attributed to rising input costs, including commodity prices and supply chain expenses. Explaining the move, Hardeep Singh Brar, Senior Vice President – Sales and Marketing, Kia India, stated that the… Continue reading Kia India to increase prices by up to 2% starting January 2025