Renault Group and Geely each retain 45% ownership of Horse Powertrain. Aramco’s involvement seeks to leverage its research and development expertise and explore innovative approaches to reduce transport emissions, including alternative fuels and efficient engine technologies.
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Pricol Limited is buying Sundaram Auto Components Limited’s injection moulding business for INR 215.3 crore. The acquisition is expected to add around INR 730 crore to Pricol’s revenue. Pricol plans to strengthen its position in the automotive sector by leveraging…
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The Serious Fraud Investigation Office (SFIO) on Monday conducted search operations at three companies engaged in manufacturing of electric vehicles namely Hero Electric Vehicles Private Limited, Benling India Energy and Technology Private Limited and Okinawa Autotech Internationall Private Limited.
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The government has detected a staggering Rs 824 crore GST evasion by cryptocurrency firms, including Binance-linked Nest Services, which is accused of evading Rs 722.43 crore, Minister of State for Finance revealed.
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Even industry experts are dubbing the current period as India’s “prime era” of industrial growth, fueled by a remarkable surge in the sector. Currently holding a 2.7 per cent share in global manufacturing, the nation recognises the need for strategic…
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Nebius was founded by Arkady Volozh, former founder and CEO of Yandex. Volozh said the $700 million financing would give Nebius additional firepower to build clusters of graphics processing units (GPUs), cloud platforms and other tools for AI developers faster…
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