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Union Heavy Industries & Steel Minister H.D. Kumaraswamy on Friday launched a groundbreaking scheme to provide financial incentives for electric trucks (e-trucks) under the PM E-DRIVE initiative. This marks the first time the Government of India is extending direct support for electric trucks, aiming to accelerate the country's transition to clean, efficient, and sustainable freight mobility. Advertisement Highlighting the significance of the scheme, Mr Kumaraswamy stated, "Diesel trucks, tho ...Read More >

New Delhi [India], July 4 (ANI): The domestic automobile industry is expected to continue witnessing strong export growth across two-wheelers (2W), commercial vehicles (CV), and passenger vehicles (PV), while domestic sales are likely to remain show a mixed bag, according to a report by Axis Securities. In June 2025, the report stated that the overall domestic two-wheeler (2W) industry recorded a marginal 2 per cent uptick in wholesale volumes. Also Read | 'The Traitors India Season 1' Winners ...Read More >
NEW DELHI: The Nifty Auto index closed on a negative note on Tuesday. Shares of Balkrishna Industries Ltd.(up 1.29 per cent), Eicher Motors Ltd.(up 1.05 per cent), Maruti Suzuki India Ltd.(up 0.34 per cent), Ashok Leyland Ltd.(up 0.28 per cent) and Bajaj Auto Ltd.(up 0.28 per cent) ended the day as top gainers in the pack. On the other hand, Bharat Forge Ltd.(down 1.83 per cent), Samvardhana Motherson International Ltd.(down 1.74 per cent), Bosch Ltd.(down 1.12 per cent), TVS Motor Company Ltd ...Read More >
NEW DELHI: The Nifty Auto index traded positive around 10:09AM(IST)on Tuesday in an upbeat market. Mahindra & Mahindra Ltd.(up 1.07 per cent), MRF Ltd.(up 0.52 per cent), Balkrishna Industries Ltd.(up 0.49 per cent), TVS Motor Company Ltd.(up 0.43 per cent) and Eicher Motors Ltd.(up 0.4 per cent) were among the top gainers. Bosch Ltd.(down 0.53 per cent), Ashok Leyland Ltd.(down 0.37 per cent), Bharat Forge Ltd.(down 0.3 per cent) and Samvardhana Motherson International Ltd.(down 0.18 per cent ...Read More >

Chennai got its first fleet of low-floor electric buses with Chief Minister M.K. Stalin flagging off 120 vehicles from the Metropolitan Transport Corporation's (MTC) Vyasarpadi depot on Monday (June 30, 2025). Each bus, when fully charged one-time, can travel up to 200 kilometres, and features 39 seats with seat belts, CCTV cameras, and LED displays to provide information on bus stops. The Chief Minister also inaugurated the MTC's upgraded electric bus depot at Vyasarpadi at a cost of ₹47.50 c ...Read More >
Chennai: Chennai's first batch of electric buses hit the roads on Monday, with 120 non-AC low-floor buses flagged off by chief minister M K Stalin from the newly upgraded Vyasarpadi depot.While these buses feature modern amenities like a kneeling mechanism for easier boarding by senior citizens, women, children, and persons with disabilities, they lack air-conditioning -- a feature now standard in cities like Delhi and Mumbai. The kneeling function lowers the floor by another 250 mm, making the ...Read More >

CHENNAI: Chief Minister MK Stalin on Monday launched the State's first electric bus service by flagging off 120 low-floor electric buses from the newly inaugurated Vyasarpadi electric bus depot, marking a significant step towards green transport. The buses will operate on 11 routes across the city. Stalin, accompanied by Transport and Electricity Minister SS Sivasankar and HR&CE Minister PK Sekarbabu, also inspected the buses and interacted with the crew. The launch of these 120 electric buses ...Read More >
NEW DELHI: The Nifty Auto index closed on a negative note on Monday. Shares of Bosch Ltd.(up 1.31 per cent), Tube Investments of India Ltd.(up 0.88 per cent), Ashok Leyland Ltd.(up 0.48 per cent), Samvardhana Motherson International Ltd.(up 0.46 per cent) and Tata Motors Ltd.(up 0.17 per cent) ended the day as top gainers in the pack. On the other hand, Hero MotoCorp Ltd.(down 1.93 per cent), Maruti Suzuki India Ltd.(down 1.92 per cent), Balkrishna Industries Ltd.(down 0.76 per cent), TVS Moto ...Read More >

Delhi : Reinforcing its commitment to Carbon Neutrality and clean energy innovation, Toyota Kirloskar Motor (TKM) today exchanged a Memorandum of Understanding (MoU) with Bengaluru-based Ohmium International, a leading PEM hydrogen technology provider, to co-develop Green Hydrogen-based integrated power solutions in India. This strategic undertaking highlights Toyota's pivotal role in fuel cell technology and advancing Green Hydrogen as the clean fuel of the future. It highlights the company's r ...Read More >

Srinagar, Jun 7 (PTI) Authorities on Saturday barred Eid prayers from taking place at the Eidgah ground and the Jama Masjid in the old city here, while Hurriyat Conference chairman Mirwaiz Umar Farooq claimed that he was put under house arrest. "Anjuman Auqaf Jama Masjid Srinagar deeply regrets to inform that the authorities have once again disallowed Eid-ul-Adha prayers at the Eidgah as well as at the historic Jama Masjid in Srinagar by closing the gates of the mosque and deploying police pers ...Read More >

Mumbai, June 7 (UNI) Snapping two week losing Streak Sensex surged 737.98 points or 0.90 per cent to settle at 82,188.99 during the week ended June 6,2025, as the Reserve Bank of India's surprise 50 basis points rate cut and a shift in its monetary policy stance from accommodative to neutral. Easing inflation outlook and strong Q4 FY25 GDP growth of 7.4 per cent boosted investor confidence, signalling a stable and supportive economic environment. Broader markets outperformed, reflecting renewed ...Read More >
Nagpur: Warrior king Chhatrapati Shivaji Maharaj belonged to the entire country, but British history tried to confine him as a regional icon, said BJP leader and Rajya Sabha MP Sudhanshu Trivedi, who was in Nagpur on Friday to attend an event marking the 351st anniversary of Shivaji Maharaj's coronation. Trivedi told TOI at the event organized by Shivaji Maharaj Kruti Samiti that Shivaji Maharaj's contribution in 'safeguarding' the southern part of India from Mughal invasion must not be forgotte ...Read More >
MUMBAI: Borrowing costs at India's two most rate-sensitive sectors - property and automobiles - are set to head South soon after the central bank Friday made its steepest rate cut since March 2020 and promised ample liquidity in the shape of the lowest cash reserve ratio (CRR) on record. The Nifty Realty index surged nearly 5%, even dwarfing gains for financial stocks, reflecting the likely impact of the big-bang policy moves on home purchases. Home, personal, and car loans tied to external ben ...Read More >

New Delhi, Jun 6 (PTI) Interest-rate-sensitive stocks were in huge demand on Friday, with the realty index climbing nearly 5 per cent as investors cheered the Reserve Bank's jumbo rate cut of 50 basis points. Home, auto and other loans are likely to cost less as the Reserve Bank of India (RBI) cut interest rates by a larger-than-expected 50 basis points, and unexpectedly reduced the cash reserve ratio for banks to make available more money to lend in a bid to boost the economy. The RBI's six-m ...Read More >

Katra: Prime Minister Narendra Modi on Friday flagged off a Vande Bharat train service between Katra and Srinagar in Jammu and Kashmir, the first train connection between the Kashmir valley and the Jammu region. Modi inaugurated the train in the presence of Railway Minister Ashwini Vaishnaw, Jammu and Kashmir LG Manoj Sinha, and Chief Minister Omar Abdullah, among others. Earlier, the PM inaugurated the Chenab Railway Bridge, the world's tallest rail bridge, and Anji Khad Bridge, the country's ...Read More >

NEW DELHI: Indian equities surged sharply after the Reserve Bank of India (RBI) delivered a larger-than-expected 50 basis points repo rate cut, reducing it to 5.5% in today's Monetary Policy Committee (MPC) meeting. The move, led by Governor Sanjay Malhotra, exceeded market expectations of a modest 25 basis points cut, thus fueling a broad-based rally. The BSE Sensex zoomed by about 800 points to trade above 82,200 level while the NSE Nifty surge more than 250 points to trade around 25,000 leve ...Read More >
India Energy Week: RIL, Ashok Leyland unveil India's first hydrogen combustion engine technology for heavy-duty truck | Twitter Ashok Leyland, the leading commercial vehicle manufacturer and Indian flagship of the Hinduja Group, has been ranked No. 1 globally in Sustainalytics' ESG Risk Rating for the Heavy Machinery and Trucks sector in Q3 FY25. This recognition highlights the company's unwavering commitment to sustainability, which is a core principle of its corporate philosophy. Ashok Leyla ...Read More >
PRNewswire New Delhi [India], January 21: SWITCH Mobility Ltd, a part of the Hinduja Group, has unveiled the SWITCH IeV8, a revolutionary electric light commercial vehicle (eLCV) in the 7.2T category catering to mid-mile logistics. Designed with sustainability and operational efficiency at its core, the SWITCH IeV8 is set to transform the logistics sector in India. * H. D. Kumaraswamy, Minister of Heavy Industries and Steel, unveils the SWITCH IeV8, an electric light commercial vehicle (eLCV) ...Read More >
SWITCH Mobility launched two new electric city buses, the EiV12 for India and the E1 for Europe. The EiV12 boasts a scalable battery capacity exceeding 400 kWh, while both models share a common design. The company has already secured 1,800 orders and anticipates significant growth in the Indian electric bus market.SWITCH Mobility Ltd, a subsidiary of heavy commercial vehicle manufacturer Ashok Leyland, on Wednesday launched two low-floor electric city buses-EiV12 and E1-equipped with chassis-mou ...Read More >
NEW DELHI: The Nifty Auto index closed on a note on Wednesday. Shares of Hero MotoCorp Ltd.(up 1.36 per cent), Bharat Forge Ltd.(up 1.34 per cent), Ashok Leyland Ltd.(up 0.97 per cent), Bosch Ltd.(up 0.81 per cent) and Exide Industries Ltd.(up 0.74 per cent) ended the day as top gainers in the pack. On the other hand, Samvardhana Motherson International Ltd.(down 0.3 per cent), Eicher Motors Ltd.(down 0.24 per cent) and Tata Motors Ltd.(down 0.11 per cent) finished as the top losers of the day ...Read More >
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