CHARGEZONE raises US$54 million in Series A1 Round led by BlueOrchard

CHARGEZONE, a Gujarat-based electric vehicle (EV) charging company, has secured US$ 54 million, as part of a Series A1 capital raise led by BlueOrchard, along with existing and new institutional investors, making this one of the largest rounds in equity and debt funding. In this funding round, US$8 million is debt investment from an infrastructure strategy managed… Continue reading CHARGEZONE raises US$54 million in Series A1 Round led by BlueOrchard

Fund managers raising stake in auto sector; Maruti, Tata Motors could give 20-30% return in 1 year

We expect JLR (including JVs) to see a 15% volume CAGR over FY23-25. Its India CV business is on a strong footing and is primed for a strong cyclical recovery in both M&HCVs. Auto industry has seen a storm of headwinds in the last 4-5 years, which resulted in a higher cost of ownership, lower… Continue reading Fund managers raising stake in auto sector; Maruti, Tata Motors could give 20-30% return in 1 year

Mahindra, Maruti and Tata out to prove their mettle in recycling

Today – March 18 – is Global Recycling Day, one which aims to drive as well as disseminate the message of vitality of the recycling mantra across the world. It is a day to remind corporates, countries and communities to partner to put Planet Earth first and also to change the mindset of governments, industry… Continue reading Mahindra, Maruti and Tata out to prove their mettle in recycling

Europa Wire: LEGO launches classic Land Rover Defender set to mark 75th anniversary 000507

LEGO launches classic Land Rover Defender set to mark 75th anniversary (IN BRIEF) LEGO has launched a new set inspired by the classic design of the Land Rover Defender from 1983 to 2016, complete with all the accessories needed for an off-road adventure. The 2,336 piece set has been launched to coincide with Land Rover’s… Continue reading Europa Wire: LEGO launches classic Land Rover Defender set to mark 75th anniversary 000507

Maruti Suzuki targets Nexa to be second biggest car retailer in FY24, aims to nudge ahead of Hyundai and Tata Motors

Maruti Suzuki targets Nexa to be second biggest car retailer in FY24, aims to nudge ahead of Hyundai and Tata Motors As the race for number two position between Tata Motors and Hyundai Motor gets intense, Maruti Suzuki, the country’s largest car maker, is attempting to nudge ahead of its rivals for the second spot… Continue reading Maruti Suzuki targets Nexa to be second biggest car retailer in FY24, aims to nudge ahead of Hyundai and Tata Motors

Beyer Auto Group Gives Back Through Shoot-Off Charity Event

ALEXANDRIA, Va., March 17, 2023 /PRNewswire/ — Beyer Auto Group has put together many charitable opportunities to help raise money to give back over the past couple of months. With the new year comes a new start, and what better way to kick off the year than with a Million Dollar Buy Back Offer? We have… Continue reading Beyer Auto Group Gives Back Through Shoot-Off Charity Event

India’s TCS appoints veteran Krithivasan as CEO-designate after Gopinathan steps downGopinathan has been with TCS since 2001.

India’s largest IT services provider Tata Consultancy Services (TCS) said on Thursday Rajesh Gopinathan will resign as chief executive officer, just a year into his second five-year term at the helm of the company. The company named K Krithivasan as CEO-designate, effective March 16, and said he will take over as CEO and managing director… Continue reading India’s TCS appoints veteran Krithivasan as CEO-designate after Gopinathan steps downGopinathan has been with TCS since 2001.

Maruti Suzuki begins displaying Jimny 5-door at Nexa showrooms

The five-door Jimny SUV, which has already garnered around 22,000 bookings since its global reveal at Auto Expo 2023 in January, has begun being showcased at Maruti Suzuki India’s premium Nexa showrooms. It is learnt that the Jimny will be displayed in a phased manner and each Nexa showroom will have the SUV on display… Continue reading Maruti Suzuki begins displaying Jimny 5-door at Nexa showrooms

MG Comet EV based compact SUV to debut in 2025

The MG Comet electric city car is all set to create a lot of buzz at the lower end of the Indian EV market with its ultra-compact dimensions, boxy shape, three-door layout and long equipment list, with a launch likely in May 2023. However, it won’t stop there, as MG Motor India plans to spin more bodystyles off the… Continue reading MG Comet EV based compact SUV to debut in 2025

MG Comet EV based compact SUV to debut in 2025

The MG Comet electric city car is all set to create a lot of buzz at the lower end of the Indian EV market with its ultra-compact dimensions, boxy shape, three-door layout and long equipment list, with a launch likely in May 2023. However, it won’t stop there, as MG Motor India plans to spin more bodystyles off the… Continue reading MG Comet EV based compact SUV to debut in 2025