AXISCADES Technologies Ltd., a Bengaluru-based engineering and technology solutions firm, has appointed KP Mohanakrishnan as Deputy CEO & President – Aerospace and D Murali Krishnan as Chief Operating Officer & President – ESAI. The appointments were approved by the Board of Directors during a meeting held on April 9, 2025. The leadership changes are part… Continue reading AXISCADES Strengthens Leadership Team with Two Senior Appointments
Category: US Motoring Press
KTM Launches 390 Enduro R in India at ₹3.36 Lakh
KTM has launched the all-new KTM 390 Enduro R in India, introducing a dedicated enduro-style motorcycle to its domestic lineup. Designed to handle both on-road and off-road conditions, the new model is priced at ₹3,36,500 (ex-showroom, Delhi) and will be available at KTM showrooms nationwide starting today. The KTM 390 Enduro R blends long-travel suspension… Continue reading KTM Launches 390 Enduro R in India at ₹3.36 Lakh
BNP Paribas Report Highlights Steady Global Auto Sales Growth in March 2025 Amid Regional Variations
Global automotive sales remained strong in March 2025, with an estimated year-on-year growth of approximately 6%, according to BNP Paribas’ latest India Automotive report. The expansion was largely driven by solid performance in the United States and the United Kingdom, while growth in European Union markets remained subdued. The report highlights that despite the overall… Continue reading BNP Paribas Report Highlights Steady Global Auto Sales Growth in March 2025 Amid Regional Variations
Bosch aims to double India contribution to global mobility biz by 2030
While India presently contributes 5% to Bosch’s global mobility business, with a strong 3x-4x growth anticipation in the total addressable mobility market in India, it aims to double its contribution to global revenues by 2030. As the mobility industry transitions towards a sustainable future, global Tier-1 major Bosch is adopting a technology-agnostic approach towards carbon… Continue reading Bosch aims to double India contribution to global mobility biz by 2030
Kochi to Implement Genesys International’s Digital Twin Platform
The Kochi Municipal Corporation is set to implement a Digital Twin platform developed by Genesys International Corporation, as part of a project awarded by KIIFCON Pvt. Ltd. The project, valued at ₹9.13 crore, is being executed in partnership with UL Technology Solutions and will cover all wards under the Kochi Municipal Corporation. This platform will… Continue reading Kochi to Implement Genesys International’s Digital Twin Platform
Rane (Madras) Limited to Explore Monetisation of Non-Core Assets
Rane (Madras) Limited announced today that its Board of Directors has given in-principle approval to explore options for monetizing the company’s non-core assets. This includes the potential sale of surplus land parcels held by the company. The decision was made during the board meeting that began on April 10 and concluded the following day. The… Continue reading Rane (Madras) Limited to Explore Monetisation of Non-Core Assets
CEAT Limited to Invest ₹3.45 Crore in Subsidiary Tyresnmore
CEAT Limited has announced a further investment of ₹3.45 crore in its wholly owned subsidiary, Tyresnmore Online Private Limited, by subscribing to a rights issue of equity shares. According to the regulatory filing made under Regulation 30 and 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company will subscribe to 28,264 equity… Continue reading CEAT Limited to Invest ₹3.45 Crore in Subsidiary Tyresnmore
Ola Rolls Out First Roadster X Motorcycle from Futurefactory
Ola Electric has officially begun the rollout of its Roadster X series motorcycles from its Futurefactory located in Krishnagiri, Tamil Nadu. Deliveries for the newly launched models are scheduled to begin later this month across India. The Roadster X series introduces a mid-drive motor with an integrated Motor Control Unit (MCU), designed to enhance torque… Continue reading Ola Rolls Out First Roadster X Motorcycle from Futurefactory
MG Windsor Crosses 20,000 Unit Sales in Six Months
JSW MG Motor India announced that the MG Windsor has reached a sales milestone of 20,000 units within six months of its launch. This achievement makes it the fastest-selling electric vehicle (EV) model in India to cross this figure, based on wholesale figures. The Windsor has recorded consistent sales across metropolitan areas and emerging markets.… Continue reading MG Windsor Crosses 20,000 Unit Sales in Six Months
Kinetic Engineering Invests ₹5 Crore in Subsidiary Kinetic Watts and Volts Ltd
Kinetic Engineering Limited (KEL) has announced an investment of ₹5 crore in its wholly-owned subsidiary, Kinetic Watts and Volts Limited (KWVL), further strengthening its position in the automobile sector. According to the company’s regulatory filing with the Bombay Stock Exchange (BSE), the investment involved the subscription of 50,00,000 equity shares at ₹10 each in KWVL… Continue reading Kinetic Engineering Invests ₹5 Crore in Subsidiary Kinetic Watts and Volts Ltd