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Moody's downgrades VW on sector headwinds, Chinese competition: Report 

autherAutocar India     calendar17 Mar 2025

The ratings agency noted in a statement that the downgrade reflects a recent contraction in operating margin and free cash flow generation, with limited expectation of a material recovery over the next quarters.

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Endurance Technologies Accepts 57 Separations Under Voluntary Scheme at Maharashtra Plant

autherAngitha Suresh calendar17 Mar 2025

The auto component manufacturer will pay out approximately Rs. 106.35 million to implement the Voluntary Separation Sc...

Li-ion Battery Supplier Neuron Energy Targets 10x Growth in 5 years

autherYukta Mudgal calendar17 Mar 2025

The company also aims to generate 30% of its revenue from energy storage applications by 2030, up from around 5% at pr...

EKA Mobility, KPIT, and BPCL Deploy Hydrogen Fuel Cell Bus at Cochin Airport

autherSarthak Mahajan calendar17 Mar 2025

The collaboration introduces a 9-meter hydrogen fuel cell bus as part of a three-year Proof of Concept project, aiming...

Sandhar Technologies Bolsters Die-Casting Portfolio with Sundaram-Clayton Acquisition

autherArunima Pal calendar17 Mar 2025

Sandhar Technologies approved the acquisition of Sundaram-Clayton’s Aluminium Die Casting Businesses by its subsidiary...

Tata Motors Announces Price Hike for CVs as Costs Continue to Rise

autherSarthak Mahajan calendar17 Mar 2025

This follows an earlier increase of up to 3% in prices of Tata Motors' passenger vehicles implemented in January.

Dr. Lakshmi Venu Appointed as Vice Chairman of TAFE

autherSarthak Mahajan calendar17 Mar 2025

Tractors and Farm Equipment Limited (TAFE) has named Dr. Lakshmi Venu as its Vice Chairman. With experience in farm me...

RKFL to Raise Steel Casting Capacity to 120,000 tonne

By Chandan B Mallik calendar17 Mar 2025

Chaitanya Jalan, the third generation in the family, is driving ambitious growth and innovation plans of Kolkata headq...

Škoda Auto Volkswagen India Rolls Out 500,000th Engine from Chakan Plant

autherArunima Pal calendar17 Mar 2025

This achievement underscores the company's commitment to India's 'Make in India' initiative, company management said.

Montra Electric Expands with First e-SCV Dealership in Tamil Nadu

autherAngitha Suresh calendar17 Mar 2025

The company's strategic partnership with TVS Vehicle Mobility Solution marks a significant expansion in South India's ...