People familiar with the matter said most automakers that qualified for the PLI scheme have not yet certified their models to receive sops because they cannot provide all the details the gove<br>ment seeks. These firms are conce<br>ed that they will not be able to receive Sops under the Rs 25,938 c...
BENGALURU: Uber Technologies Inc said on Friday that local gove<br>ment plans in the Indian city of Delhi to allow only electric cars to function as bicycle taxis would risk " finishing off the sector" and affecting the mobility needs of millions. The Business2Business reported earlier this week th...
Tata Motors has launched the new range of Red Dark edition range of the Nexon, Harrier and Safari in India. The company has also announced the prices of the updated Harrier and Safari models, priced at Rs 15.00 lakh and Rs 15.65 lakh (ex-showroom, India), respectively. Models Model Sta...
Europe's largest automaker is taking a closer look at India - again. Volkswagen wants to remain a strong player in Europe and China but faced with intensifying geopolitical tensions and an increasingly complex regulatory environment, the German automaker is looking beyond the United States for marke...
Launch of CarTrade Tech Ltd. A leading automotive platform, has launched CarTrade Ventures, to invest up to INR 750 crore in 5-7 years to strategically acquire and invest in companies in the automotive space. The company said the goal is to enter a new products and technologies to the existing ...
Hyundai Motor India Ltd. Revealed (HMIL) recently revealed some official renderings of the new generation Ve<br>a, confirming that the launch will start on March 21. The company also started accepting bookings for the updated sedan ahead of its debut. However, we already know that the 2023...
New Delhi: Electronics and IT secretary Alkesh Kumar Sharma said on Tuesday that semiconductor production in the country will start very soon. He was responding to a query about the Energy Efficiency Ministry (EESL) Limited company, the problem of deficiency in electronic paints of chips and pr...
New Delhi: COGOS, a leading technology and logistics startup, has raised USD 1.2 million debt financing from Vivriti Capital, a fintech NBFC. The company said that COGOS will use the outgoing credit facility to expand in India. Vivriti Capital is known for providing debt to mid market corporations ...