Autocar_Professional India Online News – Page 537

Gabriel India Announces Resignation of CFO Rishi Luharuka

Gabriel India Limited, a leading automotive component manufacturer, announced the resignation of its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), Rishi Luharuka, effective end of the day on May 25, 2025. The disclosure was made in a filing with the stock exchanges. In a letter addressed to the Board of Directors dated March… Continue reading Gabriel India Announces Resignation of CFO Rishi Luharuka

Mercedes-Benz Launches Mercedes-Maybach SL 680 Monogram Series at ₹4.2 Crore in India

Mercedes-Benz introduced the Mercedes-Maybach SL 680 Monogram Series in India, at an ex-showroom price of ₹4.2 crore (all-India). Customer consultations begin immediately, with deliveries expected to start in Q1 2026, the company said. The open-top two-seater combines the SL silhouette with Mercedes-Maybach design elements. The vehicle is powered by a 4.0-liter V8 biturbo engine that… Continue reading Mercedes-Benz Launches Mercedes-Maybach SL 680 Monogram Series at ₹4.2 Crore in India

Mercedes-Benz Launches Mercedes-Maybach SL 680 Monogram Series in India

Ultraviolette Opens Experience Center in Patna

Electric motorcycles manufacturer Ultraviolette has launched its first experience center in East India with the inauguration of a 2500 sq. ft. facility in Patna. This marks the company’s expansion into the region, marking its presence in twelve cities across the country. Ultraviolette has presence in Bengaluru, Pune, Mumbai, Chennai, Visakhapatnam, Hyderabad, Kochi, Mangaluru, Ahmedabad, Coimbatore, and… Continue reading Ultraviolette Opens Experience Center in Patna

Ericsson, Volvo Group, and Airtel Begin 5G Advanced Research Partnership in India

Telecommunications giant Ericsson, automotive manufacturer Volvo Group, and telecom provider Bharti Airtel have announced a joint research initiative to explore industrial applications of Extended Reality (XR) and Digital Twin technologies powered by 5G Advanced networks in India. The collaboration, centered at Volvo Group’s manufacturing facility and R&D center in Bangalore, will investigate how these technologies… Continue reading Ericsson, Volvo Group, and Airtel Begin 5G Advanced Research Partnership in India

Sundaram Finance Holdings Acquires Forge 2000 for Rs. 16 Crores

Sundaram Finance Holdings Limited (SFHL) announced today the completion of its acquisition of Forge 2000 Private Limited. The company has acquired a 100% stake in the automotive forge components manufacturer for Rs. 16 crores. In a filing with the National Stock Exchange, SFHL confirmed that it has purchased 20,00,000 equity shares at Rs. 80 per… Continue reading Sundaram Finance Holdings Acquires Forge 2000 for Rs. 16 Crores

Moody’s downgrades VW on sector headwinds, Chinese competition: Report

Moody’s has downgraded Volkswagen from Baa1 to A3, on the back of sector headwinds, structural issues and competition from China, besides the ongoing investment requirements, Reuters reported. The ratings agency noted in a statement that the downgrade reflects a recent contraction in operating margin and free cash flow generation, with limited expectation of a material… Continue reading Moody’s downgrades VW on sector headwinds, Chinese competition: Report

Endurance Technologies Accepts 57 Separations Under Voluntary Scheme at Maharashtra Plant

Endurance Technologies Limited has accepted the separation of 57 permanent workmen under its Voluntary Separation Scheme (VSS) at its plant in Waluj, Chhatrapati Sambhajinagar district, Maharashtra, according to a regulatory filing today. The company will make a payout of approximately Rs. 106.35 million to implement the scheme at its L-6/3 (LPDC) plant located in the… Continue reading Endurance Technologies Accepts 57 Separations Under Voluntary Scheme at Maharashtra Plant

Li-ion Battery Supplier Neuron Energy Targets 10x Growth in 5 years

Lithium-ion battery maker Neuron Energy is planning to diversify its business by expanding its energy storage system (ESS) business, even as the company targets to grow its revenue by nearly 10x over the next five years. Neuron Energy, which is likely to record revenue of Rs 130-150 crore this year, is known for its lithium-ion… Continue reading Li-ion Battery Supplier Neuron Energy Targets 10x Growth in 5 years

EKA Mobility, KPIT, and BPCL Deploy Hydrogen Fuel Cell Bus at Cochin Airport

EKA Mobility, in collaboration with KPIT Technologies and Bharat Petroleum Corporation Limited (BPCL), has deployed a 9-meter hydrogen fuel cell bus at Cochin International Airport (CIAL) in Kochi. This initiative aims to support Kerala’s transition towards sustainable mobility by introducing hydrogen-powered commercial vehicles. The bus, designed to accommodate more than 30 passengers, will be… Continue reading EKA Mobility, KPIT, and BPCL Deploy Hydrogen Fuel Cell Bus at Cochin Airport