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New Delhi, Oct 24 (SocialNews.XYZ) GX Group, a Netherlands-based telecom equipment maker, announced the launch of GX Quantum Photonics Private Limited on Friday, to make advanced Photonics modules and chip systems in India. These modules and chip systems are used for next-generation broadband, 5G/6G, and quantum communication technologies, the statement said. The company mentioned that an initial investment commitment of Rs 500 crore is made which will establish India's first Photonics chip de ...Read More >
Vedanta Group plans a significant Rs 1 lakh crore investment in Odisha. This expansion will generate over one lakh direct and indirect employment opportunities for the state. The investment includes a new ferro-alloys plant and two aluminium parks. The Odisha government has pledged full support for these projects, including land and infrastructure. The Vedanta Group will invest an additional Rs 1 lakh crore in Odisha, creating over one lakh direct and indirect employment opportunities, official ...Read More >
NEW DELHI: The heavy industries ministry has asked states to secure land and install infrastructure that will enable the rapid deployment of 72,000 electric vehicle (EV) chargers across the country, two people aware of the development said. The push is part of a ₹2,000 crore incentive plan that states can avail funding from under the broader ₹10,900 crore PM E-Drive scheme. "Discussions with state governments have already begun," said one of the persons requesting anonymity. "The aim is to ush ...Read More >
While overall deal volumes remained stable compared to the previous quarter, values spiked sharply due to large-ticket strategic acquisitions. New Delhi: India's automotive sector recorded its strongest quarter in over a year, with 30 transactions valued at $4.6 billion in Q3 2025, according to the Grant Thornton Bharat Q3 2025 Automotive Dealtracker. The surge in deal value was largely driven by Tata Motors' $3.8 billion acquisition of Iveco S.P.A., marking one of the largest outbound automoti ...Read More >
Across India, electric vehicles (EVs) are becoming more common, but the infrastructure to support them is still catching up. While some cities have multiple charging stations, other routes have very few, leaving drivers with long waits. A recent video has highlighted this issue, showing just how frustrating EV charging can be during a long highway trip. The clip comes from a person travelling from Delhi to Jaipur. What should have been a smooth 3.5-hour journey turned into a much longer trip be ...Read More >
Bhubaneswar: Vedanta Group Chairman Anil Agarwal met Chief Minister Mohan Charan Majhi at Lok Seva Bhawan and discussed some new industrial projects in the state. During the meeting Vedanta expressed its willingness to invest about Rs 1 lakh crore in Odisha in the coming days. This will create more than 1 lakh direct and indirect employment opportunities in the state. The state government is also committed to promoting this investment and it is reported that the necessary land and other facilit ...Read More >
Bhubaneswar: In a major boost to Odisha's industrial growth, Vedanta Group chairman Anil Agarwal on Thursday met Odisha Chief Minister Mohan Charan Majhi at Lok Seva Bhawan and announced plans for large-scale investments in the state, including a Rs 2,000 crore ferro-alloy plant and two new aluminium parks. According to official sources, Vedanta will invest around Rs 1 lakh crore in Odisha over the coming years, creating over one lakh direct and indirect employment opportunities. The state gove ...Read More >
New Delhi, October 23: In a landmark achievement, the Jimny 5-door SUV has surpassed a cumulative export of 1 lakh units from India, Maruti Suzuki India Limited said on Thursday. Jimny 5-door export journey began in 2023, shortly after the SUV made its debut in India. The SUV, manufactured exclusively in India, has been shipped across more than 100 countries, including Japan, Mexico, and Australia. "Jimny 5-door's entry in Japan in January 2025, under the name 'Jimny Nomade', sparked off an ove ...Read More >
New Delhi: During the 30-day period from Navratri to Diwali, Tata Motors delivered more than 1 lakh vehicles across its portfolio, reflecting a 33% increase compared to the same festive period last year. In the SUV segment, the Nexon recorded over 38,000 units in September 2025, showing a 73% year-on-year rise. The Punch followed with 32,000 units, up 29% from the corresponding period last year. The company's electric vehicle range also reported growth, with more than 10,000 EVs retailed, a 37 ...Read More >
New Delhi [India], October 22 (ANI): South Korea's top three conglomerates, Samsung, SK, and Hyundai Motor, saw the largest asset growth over five years, as per a report by Pulse, the english service of Maeil Business News Korea. According to an analysis conducted by corporate tracker CEO Score of 52 business groups with comparable assets between fiscal years 2019 and 2024, the total asset value of the groups rose 42.8 per cent from 1,897.3 trillion won (USD 1.3 trillion) in 2019 to 2,709.09 tr ...Read More >
Delhi faces severe air pollution. Abhishek Manu Singhvi of Congress criticizes the BJP government for a lack of accountability. Environment Minister Manjinder Singh Sirsa accuses the AAP of blaming Diwali for pollution to appease a vote bank. Chief Minister Rekha Gupta outlines proactive measures including artificial rain and promoting electric vehicles to combat the crisis. As the air quality continues to deteriorate in Delhi, senior Congress leader Abhishek Manu Singhvi slammed the Bharatiya ...Read More >
Gold and silver prices saw a dip on Tuesday after reaching record highs. This profit booking occurred even as jewellery sales during Dhanteras experienced a significant jump of 35-40 percent across India. Silver ETFs also corrected sharply. Despite the short-term price fall, festive demand for gold and silver remains robust, with strong sales expected throughout the extended festive period. Mumbai, Gold and silver prices fell on Tuesday as investors booked profits after both metals hit record h ...Read More >
Arvind left a 28-page note alleging workplace harassment. His brother claimed the company paid ₹17 lakh posthumously, raising concerns of a cover-up. The Bengaluru police has booked Ola Electric's head for vehicle homologations & regulations, Subrat Kumar Dash, and founder Bhavish Aggarwal in connection with the suicide of their colleague K Aravind. A homologation engineer at the company's Koramangala office, 38-year-old Aravind ended his life on September 28 by consuming poison. His friends ...Read More >
Strong SUV and EV demand drive the automaker's best-ever festive season performance, signalling robust consumer sentiment and momentum for the rest of FY26. New Delhi: Tata Motors on Tuesday said that it has reported record sales this festive season, delivering more than 1 lakh vehicles during the 30-day period between Navratri and Diwali 2025, a 33 per cent growth compared to the same period last year. The company said the surge reflects strong consumer sentiment and growing preference for it ...Read More >
China has filed a complaint against India in the World Trade Organisation (WTO) over New Delhi's subsidies for electric vehicles (EVs) and batteries. The Chinese Commerce Ministry has alleged that the measures by India violate several WTO obligations, including the principle of national treatment, and constitute import substitution subsidies, which are explicitly prohibited under the multi-lateral trade rules. These measures unfairly benefit India's domestic industries and undermine China's le ...Read More >
BMC officials said the blaze was controlled before it spread across the colony with the fire extinguished by 4.35 am. A teenager died while three others were injured after a fire broke out at a chawl in south Mumbai in the early hours of Monday. According to the Brihanmumbai Municipal Corporation (BMC), the fire was reported around 4.15 am in a chawl at Macchimaar Nagar along the Captain Prakash Pethe Marg. The fire, locals said, broke out much earlier inside a one-plus-one storey chawl struct ...Read More >
Pune: A huge fire took place in the wee hours of Tuesday, as over 50 electric vehicles inside the Garve Bajaj showroom in Pimpri-Chinchwad's Wakad were burnt and destroyed completely. The incident happened around 2 am on Tuesday, and it took the fire brigade over two hours to douse the fire. No injuries or casualties were reported. Speaking to The Free Press Journal, Fire Officer Gautam Ingawale said, "We received the call around 2 am in the morning. Five vehicles from Pimpri-Chinchwad Main Fir ...Read More >
Bengaluru: Riding on the success of the electric two- and three-wheeler revolution, Karnataka is now accelerating efforts to electrify heavy vehicles, particularly buses and trucks. The govt is preparing to submit a detailed proposal under the Centre's PM E-Drive scheme to establish 1,500 high-capacity EV charging stations across the state, each supporting fast charging in the 60kW to 240kW range -- sufficient to power heavy vehicles for long-distance operations.The move marks the next phase in ...Read More >
New Delhi, Oct 20: Tesla and SpaceX CEO Elon Musk on Monday extended Diwali greetings to Indians and millions of people celebrating the festival of lights across the world. Musk reposted a Diwali greeting on the social media platform X, saying "Happy Diwali", while tagging a post from his company's subsidiary Tesla India, saying, "Wishing you an electrifying and safe Diwali." Musk's $500 Billion Net Worth Milestone Musk on October 2 became the world's first person ever to reach a net worth of ...Read More >
Passenger car exports grew 20.5 per cent to 1,25,513 units in the second quarter as against 1,04,196 units in the September quarter of last fiscal. Automobile exports from India rose 26 per cent year-on-year in September quarter driven by highest-ever shipments of passenger vehicles, two-wheelers and three-wheelers during the period, as per the latest data released by industry body SIAM. Passenger vehicle exports grew 23 per cent to 2,41,554 units in September quarter as against 1,96,196 units ...Read More >
Mumbai, Oct 18: Silver futures on the Multi Commodity Exchange (MCX) saw its biggest intraday correction, dropping 16,715 points from the session high to the low, nearly 10 per cent from their peak, before recovering to close with modest gains. Silver futures reached a session high of ₹1,70,415 per kilogramme, before slipping to an intraday low of ₹1,53,700 on Friday, as global safe-haven demand eased, and finally closed at ₹1,57,300, an increase of 0.44 per cent from the previous close. India ...Read More >
Gurgaon: As the first rays of Dhanteras morning touched the city, anticipation was already in the air. The city's markets, from the narrow lanes of Sadar Bazaar to the glitzy malls on MG Road, transformed into a sea of eager shoppers, all set to mark the auspicious day with new purchases. By late evening, it was clear that this Dhanteras had brought not just prosperity but also a renewed sense of excitement among buyers and traders alike.Traders across the city claimed a 30% jump in business com ...Read More >
India's first commercially packaged multi-chip module (MCM) was rolled out of Kaynes Semicon's outsourced semiconductor assembly and test (OSAT) facility in Sanand in the wee hours of Wednesday and delivered to California-based Alpha & Omega Semiconductor (AOS). India's first commercially packaged multi-chip module (MCM) was rolled out of Kaynes Semicon's outsourced semiconductor assembly and test (OSAT) facility in Sanand in the wee hours of Wednesday and delivered to California-based Alpha & ...Read More >
New Delhi, Oct 18 (SocialNews.XYZ) The strategic dialogue between India and Egypt will enhance bilateral partnership amid "immense potentials" for collaboration in electric vehicles, food security, defence, technology, and start-ups, according to a new report. There are immense potentials in improving relations, including in the emerging and niche areas such as startups, renewable energy, AI, fintech, electric vehicles, food security, etc. Investments, energy and defence ties are the most impor ...Read More >
CHENNAI: As global uncertainties persist, ranging from inflation and geopolitical tensions to fluctuations in the US dollar, investors are increasingly turning to precious metals. With both metals experiencing rising prices, investment expert Dharmasri Rajeswaran of Sai Sharetute told Maalaimalar that gold continues to be a safer long-term option, while silver's volatility makes it a riskier choice for long-term investment. Rajeswaran said that while both gold and silver are better investment o ...Read More >
Pune: A total of 3,079 public electric vehicle (EV) charging stations will be up and running in different parts of the state by Nov this year, state transport minister Pratap Sarnaik told TOI.However, with Maharashtra being second highest in the country for EV registrations, only behind Uttar Pradesh, the number of charging stations is still very low and a constant reason for concern among those owning EVs, highlighted experts."At present, state govt has set up 1,180 high-speed EV charging stati ...Read More >
Pune: The civic body's plan to set up 82 public charging points in different parts of the city remains incomplete after two years. This is despite the fact that among all cities in Maharashtra, EV registrations in the Pune Regional Transport Office (RTO) are the highest, standing at a little over 96,000. Under PCMC, more than 52,000 EVs are registered.Manisha Shekatkar, head of the PMC electrical department, said that till date, only 44 charging points have been set up. "We are facing some issue ...Read More >
The Bengaluru-based EV maker is also offering festive discounts on Simple One Gen 1.5 and OneS models through e-commerce platforms. Electric two-wheeler manufacturer Simple Energy on Thursday announced partnerships with Amazon India and Flipkart to make its flagship electric scooters available for purchase through the two leading e-commerce platforms. The move aims to offer a seamless, digital-first buying experience, enabling customers to browse, book, and receive doorstep delivery of their sc ...Read More >
The new venture, SK Enmove Gabriel India, will see SK Enmove holding a 51 per cent stake and Gabriel India 49 per cent. Auto components maker Gabriel India on Thursday announced a joint venture with South Korea's SK Enmove to diversify its product portfolio into lubricants and engine oils. The move marks a strategic step in Gabriel India's evolution from a suspension-focused company to a broader automotive systems and components player. The new venture, SK Enmove Gabriel India, will see SK Enm ...Read More >
The truck was unveiled by Maharashtra CM Devendra Fadnavis at the company's 10,000-capacity manufacturing facility in Pune. Blue Energy Motors (BEM) on Thursday said it has launched its electric heavy-duty truck featuring battery swapping technology. The truck was unveiled by Maharashtra Chief Minister Devendra Fadnavis at the company's 10,000-capacity manufacturing facility in Chakan, Pune. The Chief Minister also inaugurated India's first electric corridor between Mumbai and Pune, which is p ...Read More >
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