Hindmetal Exploration Services Pvt. Ltd. (HESPL), a wholly owned subsidiary of Hindustan Zinc Limited, has become the first company in India to implement advanced electromagnetic (EM) technologies for mineral exploration. The deployment marks a significant step in modernizing exploration techniques across the country. The company is utilizing tools such as Borehole Electromagnetic (EM) systems for… Continue reading Hindmetal Becomes First Company in India to Deploy Advanced Electromagnetic Technologies for Mineral Exploration
Category: US Motoring Press
Indian Railways and Indofast Energy Collaborate on Battery Swapping Network in Hyderabad and Secunderabad
Indian Railways has partnered with Indofast Energy to deploy battery swapping stations across railway stations in the Hyderabad and Secunderabad divisions, marking a significant step toward promoting clean mobility and supporting the adoption of electric vehicles (EVs). Under the initiative, 80 battery swapping stations have already been installed across 25 railway stations—56 in the Secunderabad… Continue reading Indian Railways and Indofast Energy Collaborate on Battery Swapping Network in Hyderabad and Secunderabad
Range Rover Sport SV Carbon Unveiled as Final Addition to Performance SUV Line-Up
Range Rover has introduced the new Sport SV Carbon, completing its high-performance luxury SUV line-up. Positioned alongside the existing Sport SV and SV Black variants, the SV Carbon adds a lightweight-focused option to the range, incorporating extensive carbon fibre detailing and new personalization choices. The new model will make its global debut at Range Rover… Continue reading Range Rover Sport SV Carbon Unveiled as Final Addition to Performance SUV Line-Up
Hero MotoCorp Q1 FY26 Standalone Profit Flat, Consolidated PAT Surges 65% on One-Time Gain
Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has announced its financial results for the first quarter of FY26 (April–June 2025), delivering steady standalone performance and a sharp rise in consolidated profit, aided by a significant one-time gain. On a standalone basis, revenue from operations stood at ₹9,579 crore, a 2.9% increase over… Continue reading Hero MotoCorp Q1 FY26 Standalone Profit Flat, Consolidated PAT Surges 65% on One-Time Gain
BorgWarner Secures Turbocharger Supply Contract with East Asian OEM for Hybrid SUVs
BorgWarner has been awarded a contract by a major East Asian original equipment manufacturer (OEM) to supply turbochargers for a 1.6-liter engine used in hybrid electric vehicle (HEV) SUV models. The agreement, which focuses on the Korean market, marks a continuation of the companies’ long-standing collaboration, now spanning 18 years. The turbocharger program features BorgWarner’s… Continue reading BorgWarner Secures Turbocharger Supply Contract with East Asian OEM for Hybrid SUVs
Bajaj Auto Sees 40-50% Cut in Q2 e2W Production Due to Magnet Shortage
The ongoing supply crisis for heavy rare earth magnets from China is impacting Bajaj Auto, which has already cut its electric two-wheeler production by as much as 50% in July. The company anticipates a similar production reduction for August and September, according to a senior company official. “Our impairment of production started towards the end… Continue reading Bajaj Auto Sees 40-50% Cut in Q2 e2W Production Due to Magnet Shortage
Bajaj Auto Sees 40-50% Cut in Q2 e2W Production Due to Magnet Shortage
The ongoing supply crisis for heavy rare earth magnets from China is impacting Bajaj Auto, which has already cut its electric two-wheeler production by as much as 50% in July. The company anticipates a similar production reduction for August and September, according to a senior company official. “Our impairment of production started towards the end… Continue reading Bajaj Auto Sees 40-50% Cut in Q2 e2W Production Due to Magnet Shortage
Bajaj Auto Sees 40-50% Cut in Q2 e2W Production Due to Magnet Shortage
The ongoing supply crisis for heavy rare earth magnets from China is impacting Bajaj Auto, which has already cut its electric two-wheeler production by as much as 50% in July. The company anticipates a similar production reduction for August and September, according to a senior company official. “Our impairment of production started towards the end… Continue reading Bajaj Auto Sees 40-50% Cut in Q2 e2W Production Due to Magnet Shortage
Maruti’s RC Bhargava Again Flags Slowing PV Sales, Calls for Action
RC Bhargava, the Chairman of India’s largest passenger vehicle manufacturer Maruti Suzuki, has raised a red flag on the long-term health of the country’s passenger vehicle industry amid sluggish sales growth and called for government policies that can facilitate the growth of the car industry. In the company’s annual report, Bhargava highlighted a concerning trend… Continue reading Maruti’s RC Bhargava Again Flags Slowing PV Sales, Calls for Action
Nissan Launches Magnite KURO Special Edition with All-Black Theme; Priced from ₹8.30 Lakhs
Nissan Motor India Private Limited (NMIPL) has launched the New Nissan Magnite KURO Special Edition, a new variant of its compact SUV featuring an all-black design theme. The vehicle is now available for booking across Nissan dealerships and via the company’s official website at an initial booking amount of ₹11,000. The ex-showroom starting price in… Continue reading Nissan Launches Magnite KURO Special Edition with All-Black Theme; Priced from ₹8.30 Lakhs