Autocar_Professional India Online News – Page 540

Holi Special: Car colours and what they reveal about your personality

Today is Holi, the festival of colours in India, which heralds the arrival of spring and marks the end of winter. It’s well known how colours play a key role in our lives, in the clothes we wear, in the choices we make and even the cars we drive. The colour of the car you… Continue reading Holi Special: Car colours and what they reveal about your personality

Holi Special: Car colours and what they reveal about your personality

Tata Motors appoints former MD Guenter Butschek as independent director

Tata Motors Ltd has appointed its former Managing Director and CEO, Guenter Butschek, as an independent director on its board for a five-year period, starting from May 1, 2025, to April 30, 2030. His appointment comes at a critical juncture as Tata Motors moves forward with its strategic demerger, separating its commercial and passenger vehicle… Continue reading Tata Motors appoints former MD Guenter Butschek as independent director

Tata Motors appoints former MD Guenter Butschek as independent director

Amid Energy Transition Talk, India Liberalizes Oil Extraction and Production Norms

Even as the country actively seeks to wean itself off its addiction to imported fossil fuels, the government has moved to make the local extraction and production of petroleum products easier for companies. The Lower house of parliament passed the Oilfield (Regulatory and Development) Amendment Bill, 2024, which aims to simplify regulations, attract investments, and… Continue reading Amid Energy Transition Talk, India Liberalizes Oil Extraction and Production Norms

Shivam Autotech Secures Rs 40 Crore Corporate Term Loan

Shivam Autotech, a part of the automotive component manufacturing sector, supplies precision components to various vehicle manufacturers. Shivam Autotech Limited has approved a corporate term loan of Rs 40 crore aimed at part-refinancing existing debt and enhancing working capital requirements, according to a regulatory filing submitted to stock exchanges today. Shivam Autotech, a part of… Continue reading Shivam Autotech Secures Rs 40 Crore Corporate Term Loan

Shivam Autotech Secures Rs 40 Crore Corporate Term Loan

Gensol Engineering Announces Rs. 600 Crore Fund-Raise to Improve Financial Position

Gensol Engineering Limited (NSE: GENSOL) has announced plans to raise Rs. 600 crore through a combination of Foreign Currency Convertible Bonds (FCCBs) and warrants issued to promoters. The initiative, approved by the company’s Board of Directors, aims to enhance financial stability and reduce debt. As part of the fund-raising plan, Rs. 400 crore will be… Continue reading Gensol Engineering Announces Rs. 600 Crore Fund-Raise to Improve Financial Position

Jupiter Wagons Expands Beyond Railways, Sets Sight on e-LCV Segment

Jupiter Wagons, which is a key supplier of wheels, axles, rolling stock, and braking systems—tailored for the high-speed rail segment, has partnered EA GreenPower to form Jupiter Electric Mobility to leverage technology synergies in the commercial EV segment. The company has marked its foray into the EV segment with its 1-tonne e-LCV with a high-voltage… Continue reading Jupiter Wagons Expands Beyond Railways, Sets Sight on e-LCV Segment

India Needs Rs 2500 Crore Investment to Achieve 5% Biodiesel Blending by 2030: Ind-Ra

India Ratings and Research (Ind-Ra) has projected that achieving the government’s 5% biodiesel blending target by 2030 will require an investment of Rs 2500 Cr. The economic feasibility of this target depends on the development of a robust supply chain and government incentives, such as tax subsidies, to improve uptake by oil marketing companies (OMCs).… Continue reading India Needs Rs 2500 Crore Investment to Achieve 5% Biodiesel Blending by 2030: Ind-Ra