News

Mumbai: Mumbai-based fleet operator Everest Fleet has secured USD 30 million as part of its ongoing USD 50 million Series C funding round, led by the Indian arm of ride-hailing giant Uber. The company's board approved the issuance of 13,726 Series C compulsory convertible preference shares, raising...

Nissan India has announced a model offensive with five new models over the next two years, starting with the facelifted Magnite on October 4. Introduced in 2020, the Magnite has sold over 100,000 units by early 2024, known for its reliability, practical cabin, and efficient powertrain. The Nissan Ma...

Tata Motors is kick-starting the festive season by announcing massive discounts across its portfolio. The automaker is offering its petrol, diesel and CNG cars with discounted prices. It is worth noting that these offers are for a limited period and will be valid till October 31, 2024. C...

The Tata Group is making a significant move in the renewable energy sector with a substantial investment of ₹950 crore in Agratas, its battery manufacturing subsidiary. This strategic investment underscores Tata's commitment to advancing sustainable technology and enhancing its position in the gro...

On Thursday, Mercedes-Benz India announced that the country has the potential to rank among the top five markets globally for its Maybach brand in terms of sales volume. At the launch event for the all-electric Mercedes-Maybach EQS 680 SUV, Managing Director and CEO Santosh Iyer highlighted the comp...

Mobility startup Rapido has raised $200 million in a funding round spearheaded by existing investor WestBridge Capital, elevating its valuation to $1.1 billion and marking its entry into the unico club. Rapido’s CEO, Aravind Sanka, informed ET that the newly acquired funds will be directed to...

Global NCAP has bestowed Tata Motors with the prestigious Safer Choice Award for their Tata Safari and Harrier models. These vehicles secured a five-star rating for both adult and child occupant protection in Global NCAP’s #SaferCarsForIndia initiative. Tata Motors also ensured these models co...

The Federation of Automobile Dealers Associations (FADA) and Frost & Sullivan have released the 2024 Customer Experience Index (CEI), a study analyzing customer experiences in India's passenger vehicle market. The study involved 8,685 respondents and evaluated experiences in sales, after-sales servi...

In an exciting development for off-road enthusiasts, Mahindra is offering a significant discount on its popular 2-door Thar model. The company has announced a ₹1.5 lakh discount on the 2-door Thar, making it a compelling option for those looking to own one of the most iconic off-road vehicles in I...