AUTOMOBILE

Sundaram Clayton Limited (SCL), a prominent player in the aluminium die-casting sector, has reported a rise in profitability for the financial year 2024–25, along with significant operational milestones including the launch of a new mega casting facility in Chennai. For...

Nawgati, an Indian fuel-tech platform, has secured $2.5 million in pre-series A funding led by stock market investor Ajay Upadhyaya. The round included participation from Deepak Bhagnani Family Office, MeitY Startup Hub, Aamara Capital, and several angel investors including former...

Tenneco, a global automotive supplier, has appointed Arvind Chandra as Chief Executive Officer of its India operations, the company announced Tuesday. Chandra will oversee all divisions under Tenneco India, including Clean Air, Monroe Ride Solutions, Champion Ignition, and Powertrain businesses....

KPIT Technologies Ltd., a global leader in mobility solutions, announced today the acquisition of Caresoft Global's Engineering Solutions Business to deliver enhanced cost optimization and innovative engineering solutions to trucks, off-highway, and mobility players amid intensifying industry disruption. The acquisition...

Ather Energy Ltd today listed at premium of 2.18% at Rs 328 on the National Stock Exchange, lull. On BSE the stock was listed at a premium of 1.6% at Rs 326.05, before giving up the gains to trade at...

Hyundai Motor India Limited (HMIL) marked its 29th foundation day today, announcing total sales of over 12.7 million units since its establishment on May 6, 1996. The company has invested US $6 billion in its Indian operations to date and...

Mahindra & Mahindra Ltd, which is getting the overwhelming share of bookings for its recently introduced BE 6 and XEV 9e at the top-end “Pack 3” variant, it's likely to create new variants to make its sales mix more balanced. ...

Stellantis India has announced a strategic reorganisation of its senior leadership roles, aiming to support business growth and improve operational efficiency. The realignment is designed to better align leadership responsibilities with long-term goals as the company prepares to expand its...

Representing India in the 2025 Italian Gran Turismo Championship, Mahaveer Raghunathan, driving for AF Corse, finished fourth in the Pro-Am category and sixth overall at the season-opening race held at the Misano World Circuit. The result came after a competitive...