- Saturday
- June 7th, 2025

Apollo Tyres Ltd has received a Gold Rating from EcoVadis, placing the company among the top 5% of businesses worldwide across all industries in sustainability performance. The rating, announced on June 2, 2025, reflects the company's overall performance score reaching...

Vedanta Aluminium’s Jamkhani coal mine in Sundargarh, Odisha, has been awarded a 4-Star rating by the Ministry of Coal for the financial year 2023–24. The mine received a score of 83 out of 100 in the Ministry’s annual star rating...

Sona BLW Precision Forgings Ltd. (Sona Comstar), a global mobility technology supplier, has completed the acquisition of the Railway Equipment Division (RED) of Escorts Kubota Limited. The transaction, executed as a going concern on a slump sale basis, was first...

Honda Motorcycle & Scooter India (HMSI) announced that it sold a total of 4,65,115 units in May 2025. The monthly figure includes domestic sales of 4,17,256 units and exports of 47,859 units. In the year-to-date period for FY26 (April–May 2025),...

Ducati India has inaugurated its first-ever exclusive Service-Only workshop in Mapusa, North Goa. This facility marks a new addition to Ducati’s expanding after-sales service network in the country. Spread over 1,200 square feet, the facility features two automated service bays...

Ashwin Patil has stepped down from his role as Deputy CEO at VinFast India and assumed a new position as Strategic Advisor, effective June 2, 2025. In his previous capacity, Patil oversaw key functions such as Sales and Network, Marketing,...

Maruti Suzuki has called for a rethink of India’s tax policy on strong hybrid vehicles, arguing that taxing them at 43%—around the same rate as petrol and diesel vehicles—is unfair, particularly when electric vehicles (EVs) benefit from a much lower...

The government has broadened the scope of its flagship Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMPCI), now allowing automakers to include investments in research and development (R&D) and charging infrastructure as part of their total investment...

Amid uncertainties regarding the supply of rare-earth magnets from China, the government is planning to send a team of automotive industry leaders to China to discuss the restoration of magnet supplies at the earliest. The delegation is likely to visit...

India's largest automaker, Maruti Suzuki, stated on Monday that China's new export restrictions on rare earth magnets have not immediately affected its production operations, though the company acknowledged ongoing discussions with government officials about the developing situation. According to Reuters,...

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