Bookings for Toyota Innova Hycross ZX (O) re-open after temporary halt 

The Toyota Innova Hycross ZX and ZX (O) variants are now available for booking again, as per the company’s official website. Bookings for the two variants were temporarily halted in April last year due to supply-related issues. The prices of the Innova Hycross hybrid have also been hiked, effective April 1, 2024. According to dealer… Continue reading Bookings for Toyota Innova Hycross ZX (O) re-open after temporary halt 

Bookings for Toyota Innova Hycross ZX (O) re-open after temporary halt 

The Toyota Innova Hycross ZX and ZX (O) variants are now available for booking again, as per the company’s official website. Bookings for the two variants were temporarily halted in April last year due to supply-related issues. The prices of the Innova Hycross hybrid have also been hiked, effective April 1, 2024. According to dealer… Continue reading Bookings for Toyota Innova Hycross ZX (O) re-open after temporary halt 

Centre to develop plant for recycling lithium-ion batteries, e-waste in Uttarakhand: IANS 

The Technology Development Board (TDB), under the Department of Science and Technology (DST), on Tuesday said it has partnered with startup Remine India to develop a commercial plant for recycling lithium-ion (Li-ion) batteries and e-waste using indigenous technology in Uttarakhand, IANS reported.  Through the agreement signed recently, the Technology Development Board has pledged financial assistance of… Continue reading Centre to develop plant for recycling lithium-ion batteries, e-waste in Uttarakhand: IANS 

Bengaluru Session | InnerCircle : a CXO Roundtable

The evolving EV landscape in India is offering various opportunities for mobility startups to come up with unique product ideas and innovative business models. As a result, there has been a rapid growth in EV adoption in the country in the last few years, with EV sales cumulatively touching the 1.5-million-unit mark in CY23. While… Continue reading Bengaluru Session | InnerCircle : a CXO Roundtable

Amit Kalyani appointed Vice-Chairman and Joint Managing Director of Bharat Forge

Amit Kalyani has been appointed Vice-Chairman and Joint Managing Director of Bharat Forge, for a five-year term, beginning from May 11, 2024 till May 10, 2029.  “This is to inform you that upon the recommendations of the Nomination & Remuneration Committee, the Board of Directors of the Company in its Meeting held on Wednesday, April 3, 2024… Continue reading Amit Kalyani appointed Vice-Chairman and Joint Managing Director of Bharat Forge

Sona Comstar gets second PLI certification for E2W hub wheel motor

In 2021, the government approved the output-linked incentive scheme with a budgetary outlay of Rs 25,938 crore for five years to boost domestic manufacturing of advanced automotive technology products Sona Comstar has received a certification for its second hub wheel motor for electric two-wheelers under the Production-Linked Incentive Scheme. “The Company has received certification for… Continue reading Sona Comstar gets second PLI certification for E2W hub wheel motor

Maruti Suzuki gets appeal effect order to Rs 238.72 crore tax demand notice

India’s largest carmaker Maruti Suzuki received an appeal effect order to tax demand notice of Rs 238.72 crore for certain additions and disallowances in the financial year 2010. The automaker said it got an appeal effect order to the Income Tax Appellate Tribunal’s (ITAT) order and a show cause notice for initiation of penalty from… Continue reading Maruti Suzuki gets appeal effect order to Rs 238.72 crore tax demand notice

Skoda Superb relaunched at Rs 54 lakh

Skoda has re-launched the current-gen Superb in India. At Rs 54 lakh (ex-showroom), the Superb makes a return in India after a gap of almost a year. Limited to just 100 units in India, the re-introduced Skoda Superb is the second-gen car and not the all-new third-gen model that saw its global debut last November. 2024 Skoda Superb: what’s new?… Continue reading Skoda Superb relaunched at Rs 54 lakh

Escorts Kubota appoints Kenji Ennyu as Chief Officer in Operation Division

Tractor and construction machinery major Escorts Kubota has appointed Kenji Ennyu as the Chief Officer in the Operation division (Senior Management). His appointment, effective 1 April 2024, on a full-time basis, complies with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.  Ennyu has nearly three experience of nearly three decades. He joined the… Continue reading Escorts Kubota appoints Kenji Ennyu as Chief Officer in Operation Division

Finayo appoints Nitin Kant as Director, Sales and Operations

Finayo, a technology solutions provider for EVs, has appointed Nitin Kant as Director, Sales and Operations, as the company looks to expand its operations. Kant will work on a strategy that focuses on managing the entire portfolio of the platform.  His ability to navigate through the nuances of electric mobility and green financing, makes him a valuable… Continue reading Finayo appoints Nitin Kant as Director, Sales and Operations