JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has completed the acquisition of a 4.7 gigawatt (GW) renewable energy platform from O2 Power Pooling Pte. Ltd. for an enterprise valuation of approximately ₹12,468 crores (US$1.5 billion), the company announced today. The acquisition brings JSW Energy’s proforma installed capacity to 12,212 MW… Continue reading JSW Energy Acquires O2 Power’s 4.7 GW Renewable Energy Platform for ₹12,468 Crores
Category: US Motoring Press
RBI Cuts Repo Rate by 25 bps to 6%; Move Seen as Boost for Auto Sector
The Reserve Bank of India’s Monetary Policy Committee has cut the repo rate by 25 basis points to 6%, marking its second consecutive rate reduction. The central bank also changed its monetary policy stance to accommodative from neutral, aimed at supporting economic growth amid rising global uncertainties and is expected to provide a timely boost… Continue reading RBI Cuts Repo Rate by 25 bps to 6%; Move Seen as Boost for Auto Sector
Mahindra Delivers Over 3,000 Origin Electric SUVs Since Launch
Mahindra has completed the delivery of more than 3,000 units of its newly launched all-electric SUVs—XEV 9e and BE 6—across India. The deliveries began on March 20, 2025, marking a key development in the company’s electric vehicle rollout. According to Mahindra, the response to its electric SUV lineup has been encouraging, with the XEV 9e… Continue reading Mahindra Delivers Over 3,000 Origin Electric SUVs Since Launch
Numeros Motors Wins National Intellectual Property Award for Innovation in EV Sector
Bangalore-based electric vehicle manufacturer Numeros Motors has been awarded the National Intellectual Property (IP) Award 2024 for its achievements in IP filing, grant/registration, and commercialization. The company was recognized as the ‘Top Startup’ in this category by the Ministry of Commerce and Industry, with the award presented by Union Minister Shri Piyush Goyal. Founded in… Continue reading Numeros Motors Wins National Intellectual Property Award for Innovation in EV Sector
Valvoline Cummins India Flags Off Sixth Edition of ‘Happiness Truck’ Initiative
Valvoline Cummins India has flagged off the sixth edition of its ‘Happiness Truck’ initiative from Sanjay Gandhi Transport Nagar in Delhi. The campaign is focused on engaging with and supporting India’s trucking and mechanic community through educational programs, skill development initiatives, and interactive activities. Over the next 40 to 45 days, the Happiness Truck will… Continue reading Valvoline Cummins India Flags Off Sixth Edition of ‘Happiness Truck’ Initiative
Nissan Motor India Launches ‘Hattrick Carnival’ Offer for April 2025
Nissan Motor India has rolled out a nationwide promotional campaign, the ‘Hattrick Carnival’, which will run from April 1 to April 30, 2025. The limited-time offer is aimed at coinciding with the festive spirit of Navratri and the ongoing cricket season. As part of the campaign, customers purchasing a Nissan vehicle during this period can… Continue reading Nissan Motor India Launches ‘Hattrick Carnival’ Offer for April 2025
Michelin India and Mahabir Tyres Open New Dealership in Central Delhi
Michelin India has partnered with Mahabir Tyres to launch a new tyre dealership in Palika Bhawan, Sector-13, R.K. Puram, strengthening its retail network in the national capital. This marks the third new dealership opened by Michelin in the past three months. The newly inaugurated outlet will cater to premium car owners and offer a wide… Continue reading Michelin India and Mahabir Tyres Open New Dealership in Central Delhi
FLIR Introduces Si1-LD Acoustic Imaging Camera for Efficient Compressed Air Leak Detection
FLIR, a Teledyne Technologies company, has launched its latest industrial acoustic imaging camera, the Si1-LD, aimed at improving compressed air leak detection for facilities operating on limited budgets. The new model is designed to enhance detection accuracy and speed while offering an accessible entry point for condition monitoring. The FLIR Si1-LD offers upgraded capabilities compared… Continue reading FLIR Introduces Si1-LD Acoustic Imaging Camera for Efficient Compressed Air Leak Detection
Kazam and Yuma Partner to Integrate Battery Swapping at EV Charging Hubs
Kazam, an electric vehicle charging infrastructure provider, has announced a partnership with Yuma Energy to incorporate battery-swapping capabilities at its Park & Charge hubs throughout India. The integration began at the Mahadevapura facility in Bangalore and will extend across Kazam’s nationwide network. The collaboration enables commercial EV drivers to exchange depleted batteries for fully charged… Continue reading Kazam and Yuma Partner to Integrate Battery Swapping at EV Charging Hubs
Ampere Launches Budget-Friendly Reo 80 Electric Scooter at ₹59,900
Ampere, the electric two-wheeler brand under Greaves Electric Mobility Limited (GEML), launched the Reo 80 electric scooter on Wednesday, priced at ₹59,900. The new model is positioned as an entry-level option that doesn’t require a license or registration, operating at speeds below 25 kmph. The Reo 80 comes equipped with a colored LCD display, LFP… Continue reading Ampere Launches Budget-Friendly Reo 80 Electric Scooter at ₹59,900