Revfin Targets ₹5,000 Cr in EV Financing by 2027, Strengthens Leadership Team

Revfin, a digital lending platform focused on sustainable mobility, has outlined plans to scale its electric vehicle (EV) financing operations with a target of ₹5,000 crore in disbursements by 2027. As part of this strategy, the company has appointed three senior leaders to drive expansion, strengthen internal operations, and deepen its presence in the L5… Continue reading Revfin Targets ₹5,000 Cr in EV Financing by 2027, Strengthens Leadership Team

GST body drops ₹115 cr from tax demand against Mahindra & Mahindra

The department argued that the brand name, logo and tagline were the sole properties of Mahindra & Mahindra. The adjudicating authority on goods and services tax has dropped a major portion of the GST sought from Mahindra & Mahindra for allowing its group companies to use its brand name and logo, but upheld a part… Continue reading GST body drops ₹115 cr from tax demand against Mahindra & Mahindra

Tata Elxsi Wins €50 Million Strategic Engineering Deal with Leading European Automotive OEM

To establish a dedicated Global Engineering Centre focused on SDV platforms, electrification, body and chassis, and cloud-native development BENGALURU, India, April 17, 2025 /PRNewswire/ — Tata Elxsi (BSE: 500408), a global leader in design and technology services, announced a strategic multi-year deal valued at €50 million with a leading European headquartered automotive OEM. This strategic deal… Continue reading Tata Elxsi Wins €50 Million Strategic Engineering Deal with Leading European Automotive OEM

Tata Elxsi Wins €50 Million Strategic Engineering Deal with Leading European Automotive OEM

To establish a dedicated Global Engineering Centre focused on SDV platforms, electrification, body and chassis, and cloud-native development BENGALURU, India, April 17, 2025 /PRNewswire/ — Tata Elxsi (BSE: 500408), a global leader in design and technology services, announced a strategic multi-year deal valued at €50 million with a leading European headquartered automotive OEM. This strategic deal… Continue reading Tata Elxsi Wins €50 Million Strategic Engineering Deal with Leading European Automotive OEM

Tata Punch to Toyota Taisor: Top 10 compact SUVs in FY2025

Small is big in the Indian SUV market, if one goes by the sales of the compact SUV models. In FY2025, this extremely popular sub-segment of the utility vehicle industry clocked wholesales of 13,83,334 or 1.38 million units, up 10% YoY (FY2024: 12,55,224 units). This accounts for a near-50% share of the record UV sales… Continue reading Tata Punch to Toyota Taisor: Top 10 compact SUVs in FY2025

EV sales in India cross 20 lakh in FY25; two-wheelers hold over 50% market share

Uttar Pradesh, Maharashtra, Karnataka, Tamil Nadu, and Delhi remained the top five states for cumulative EV sales till March 2025. New Delhi: Cumulative electric vehicle (EV) sales in India reached 61.66 lakh units by the end of financial year 2024–25, with over 20 lakh units sold during the year, according to the Annual India EV… Continue reading EV sales in India cross 20 lakh in FY25; two-wheelers hold over 50% market share

Delhi EV Policy 2.0: Ban on Petrol Two-Wheelers Not Included for Now

Refuting media reports, Delhi transport minister Dr Pankaj Singh clarified that “all bikes and autos will continue to operate in the Union Territory”. On Tuesday, the Delhi government approved a three-month extension of its current EV policy and the continuation of power subsidies. This comes ahead of the implementation of EV Policy 2.0, which aims… Continue reading Delhi EV Policy 2.0: Ban on Petrol Two-Wheelers Not Included for Now