Articles for Industry News

Startup Magenta Mobility Appoints Anamika Jain As Its Finance Head

In her new role, Anamika shall work closely with the founders to build long-term business strategies, handling finance, merger and acquisitions and business development functions. She will be focused on building strong growth with a robust bottom line.

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Ladakh Rolls Out EV Policy With Subsidies To Encourage Buyers

Ladakh's Electric Vehicle and Allied Infrastructure Policy aims to transform the UT into a torch bearer in terms of the adoption of electric vehicles in the country and envisions to encourage and cultivate an EV ecosystem, the spokesman said.

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Delhi Traffic Police Penalising Vehicle Owners Using Pressure Horns, Modified Silencers

A senior police officer said although police personnel were taking action against such offenders earlier as well, now the focus will be increased.

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Interest Rate Hikes Have Not Yet Impacted Car Demand: Maruti Suzuki's Shashank Srivastava

Srivastava said the company's new SUV Grand Vitara has so far received 40,000 orders and supplies will start in September.

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Mahindra In Talks With Different States In India For Setting Up EV Production Site

Mahindra currently does not have a presence in the electric passenger vehicle segment. It however is the leading player in the domestic electric three-wheeler space with over 70 per cent market share.

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Blackstone Sells 13.6pc Stake In Auto Component Maker Sona BLW For Rs 4,000 Cr

Following the transaction, Sona BLW share dropped 4 per cent to settle the trade at Rs 517.40 on BSE on Thursday. During the trading session, the stock touched a low of Rs 505 and a high of Rs 534.

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Britain Sets Out Roadmap For Self Driving Vehicle Usage By 2025

Some vehicles with self-driving features could be allowed on large roads by next year

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Tesla Wins Order To Arbitrate Trade-Secret Case Against Former Engineer

Tesla sued Yatskov in May for allegedly taking confidential information about the company's Dojo AI-training supercomputer and storing it on his personal computer. The lawsuit also alleged Yatskov provided a "dummy" computer for Tesla to investigate to "cover his tracks."

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