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Mumbai, Jul 9 (PTI) JSW MG Motor on Wednesday said the global shortage of rare earth magnets, a key component in motors used for electric vehicles, has not impacted its production currently and is unlikely to impact it in the immediate future, but it is keeping a close watch on the developments. The company, which launched its first premium car showroom, MG Select, in Thane in the Mumbai Metropolitan region, also said that the curbs by China on the supply of magnets have been impacting not only ...Read More >
New Delhi [India], July 9 (ANI): Chief of Defence Staff General Anil Chauhan has stated that it was difficult to define the extent of Chinese government support to Pakistan during Operation Sindoor in terms of sharing of stalemate imagery and intelligence support. Speaking at an event in Delhi on Tuesday, the CDS also stated that there was no unusual activity on the northern borders during the Operation Sindoor conflict with Pakistan on the country's western front. 'The first fact is that ther ...Read More >
New Delhi [India], July 9 (ANI): Chief of Defence Staff General Anil Chauhan has stated that it was difficult to define the extent of Chinese government support to Pakistan during Operation Sindoor in terms of sharing of stalemate imagery and intelligence support. Speaking at an event in Delhi on Tuesday, the CDS also stated that there was no unusual activity on the northern borders during the Operation Sindoor conflict with Pakistan on the country western front. The first fact is that there w ...Read More >
New Delhi [India], July 9 (ANI): Chief of Defence Staff General Anil Chauhan has stated that it was difficult to define the extent of Chinese government support to Pakistan during Operation Sindoor in terms of sharing of stalemate imagery and intelligence support. Speaking at an event in Delhi on Tuesday, the CDS also stated that there was no unusual activity on the northern borders during the Operation Sindoor conflict with Pakistan on the country's western front. Also Read | Himachal Pradesh ...Read More >
Bengaluru (Karnataka) [India], July 4 (ANI): Reaffirming its commitment to positioning Bengaluru as a global aerospace hub, BEML Limited inaugurated its newly built state-of-the-art warehousing facility, spread over 0.12 acres, at the Karnataka Industrial Areas Development Board (KIADB) Aerospace Special Economic Zone (SEZ), Bengaluru. The facility was inaugurated by Shri Shantanu Roy, Chairman and Managing Director, BEML, in the presence of Functional Directors, senior officials from BEML, and ...Read More >
Bengaluru (Karnataka) [India], July 4 (ANI): Reaffirming its commitment to positioning Bengaluru as a global aerospace hub, BEML Limited inaugurated its newly built state-of-the-art warehousing facility, spread over 0.12 acres, at the Karnataka Industrial Areas Development Board (KIADB) Aerospace Special Economic Zone (SEZ), Bengaluru. The facility was inaugurated by Shri Shantanu Roy, Chairman and Managing Director, BEML, in the presence of Functional Directors, senior officials from BEML, and ...Read More >
Visakhapatnam, Jul 4: Sub Lieutenant Astha Poonia officially became the first woman to be streamed into the fighter stream of the Indian Navy. Paving the way for a new era of women fighter pilots in the force, and shattering barriers, Poonia also received the prestigious 'Wings of Gold' from Rear Admiral Janak Bevli, Assistant Chief of the Naval Staff (Air). According to the Ministry of Defence, the Indian Navy celebrated the graduation of the Second Basic Hawk Conversion Course at the Naval A ...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 [India], July 3 (ANI): The Defence Acquisition Council (DAC), under the chairmanship of Defence Minister Rajnath Singh, on Thursday, accorded Acceptance of Necessity (AoN) for 10 capital acquisition proposals amounting to approx. Rs 1.05 lakh crore through indigenous sourcing. "The Defence Acquisition Council (DAC) chaired by Raksha Mantri Shri @rajnathsingh today accorded Acceptance of Necessity (AoN) for 10 capital acquisition proposals amounting to approx. Rs 1.05 lakh crore throug ...Read More >
Bengaluru - Tenneco Clean Air India Limited, part of the US headquartered Tenneco Group, a key global Tier I automotive component supplier (Source: CRISIL Report) has filed its Draft Red Herring Prospectus (DRHP) with SEBI for an Initial Public Offering (IPO). Tenneco Mauritius Holdings Limited, Tenneco (Mauritius) Limited, Federal-Mogul Investments B.V., Federal-Mogul Pty LTD, and Tenneco LLC are the promoters of the company. The offer comprises an Offer for Sale aggregating up to ₹3000 crore ...Read More >
VMPL Chennai (Tamil Nadu) [India], July 2: Entrepreneur India EV 2025, held in Chennai on June 27-28, catalyzed bold conversations around India's electric future, bringing together policy visionaries, industry stalwarts, and capital enablers. The summit was a powerhouse of insights, partnerships and next-gen strategies--making it clear that India isn't just part of the global EV race; it's aiming for pole position. Kicking off the two-day conference, Ms. Ashita Marya, CEO of Franchise India, d ...Read More >
Chennai (Tamil Nadu) [India], July 2: Entrepreneur India EV 2025, held in Chennai on June 27-28, catalyzed bold conversations around India's electric future, bringing together policy visionaries, industry stalwarts, and capital enablers. The summit was a powerhouse of insights, partnerships and next-gen strategies--making it clear that India isn't just part of the global EV race; it's aiming for pole position. Also Read | FIFA Club World Cup 2025: Gonzalo Garcia's Goal Sends Real Madrid Into Qu ...Read More >
VMPL Chennai (Tamil Nadu) [India], July 2: Entrepreneur India EV 2025, held in Chennai on June 27-28, catalyzed bold conversations around India's electric future, bringing together policy visionaries, industry stalwarts, and capital enablers. The summit was a powerhouse of insights, partnerships and next-gen strategies--making it clear that India isn't just part of the global EV race; it's aiming for pole position. Kicking off the two-day conference, Ms. Ashita Marya, CEO of Franchise India, d ...Read More >
Mumbai: Tenneco Clean Air India Limited, a maker of automotive components, has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) for approval. The company plans to raise Rs 3,000 crore through this public offering. This IPO will be entirely an Offer for Sale (OFS). That means no fresh shares will be issued. The funds raised will go to the selling shareholders, not the company itself. Who is Selling Shares and Managing the IPO? The shares wi ...Read More >
Sangareddy (Telangana) [India], July 1 (ANI): Telangana Governor Jishnu Dev Varma has expressed grief over the tragic fire accident that occurred at the Pashamylaram industrial area in Sangareddy district that killed 12 people. The Governor paid condolences to the families of those who lost their lives in the incident and wished a speedy recovery to the injured. Also Read | Rules Changing From July 1, 2025: From LPG Cylinder Prices and Railway Fares to Aadhaar-PAN Link, Check Key Rule Changes ...Read More >
Mumbai: Tenneco Clean Air India Ltd, a subsidiary of global auto component supplier Tenneco Group, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India for an initial public offering (IPO) of Rs 3,000 crore. The issue is a pure offer for sale by promoter Tenneco Mauritius Holdings Ltd, with no fresh issue of shares. Accordingly, the company will not receive any proceeds from the IPO. Tenneco Clean Air India operates 12 manufacturing facilities and p ...Read More >
Srinagar- Chief Minister Omar Abdullah on Monday inaugurated a buyer-seller meet here to empower local artisans and boost the economy. "The Chief Minister inaugurated the Buyer-Seller Meet at SKICC today. The initiative aims to empower artisans and strengthen the local economy by creating direct market linkages and promoting local products. The meet is hosting 15 international and 30 national buyers," Omar posted on his official X handle. Talking to reporters later, Omar said the effectiveness ...Read More >
Nagpur: After the move to make Falcon 2000 business jet at Nagpur, Anil Ambani-led Reliance Infrastructure on Tuesday announced plans to set up a maintenance, repair and overhaul (MRO) depot for military aircraft and equipment at Mihan-SEZ here. If this plan works out, this would be the third MRO in Nagpur and first catering to defence sector. Reliance Defence -- Reliance Infrastructure's wholly owned subsidiary -- has tied up with the US's Coastal Mechanics Inc (CMI). It eyes massive business t ...Read More >
New Delhi: Passenger electric vehicle (EV) sales in India are expected to grow by around 40 per cent in 2025 to reach 1,38,606 units, up from 99,004 units in 2024, according to estimates released by market research and consulting firm Frost & Sullivan. Battery electric vehicles (BEVs) are expected to continue dominating the Indian EV market in 2025, while plug-in hybrid electric vehicles (PHEVs) are projected to account for only 0.1 per cent of sales. The report indicates that fuel cell electri ...Read More >
New Delhi, Jun 27 (PTI) Rane (Madras) Ltd has sold a 3.48-acre land in Velachery, Chennai to a joint venture firm between Prestige Estates Project Ltd and Arihant Foundations & Housing for Rs 361 crore. The deal was facilitated by real estate consultant CBRE. Also Read | Bodoland Lottery Result Today, June 27, 2025: Assam State Lottery Sambad Friday Lucky Draw Results Declared, Check Winners List With Ticket Numbers. Rane (Madras) Ltd has entered into an agreement with Canopy Living LLP, a jo ...Read More >
New Delhi: Ratings agency ICRA on Thursday lowered domestic passenger vehicles wholesale volume growth forecast to 1-4 per cent for FY26, citing concerns over high inventory levels and shortage of critical components such as rare earth magnets for especially for electric vehicles. ICRA had earlier pegged the passenger vehicles (PV) wholesale volume growth for FY26 at 4-7 per cent over FY25. The downward revision is "led by concerns regarding high inventory levels and supply shortage of critica ...Read More >
India's electric vehicle (EV) sector is staring at a potential supply chain crisis as China's tightening export controls on rare earth magnets threaten to disrupt the production of critical EV components, according to a recent Jefferies report. The report highlights that several Indian companies are struggling to import magnets -- crucial for EV motors -- from China, which dominates over 90 per cent of the world's magnet supply. With existing inventories depleting fast, Indian manufacturers fear ...Read More >
New Delhi [India], June 6: In a strategic leadership move, Tezar EV has appointed Puran Singh Negi as EV Business Head. With over 23+ years of automotive experience both Internal Combustion Engine and Electric Vehicle(EV). Negi brings deep industry insight across electric and traditional ICE vehicle Industry. Also Read | OPPO K13x 5G Launch Expected Soon in India, Likely To Feature MediaTek Dimensity 6300 Processor; Check Expected Price, Specifications and Features. Also Read | Maharashtra FYJ ...Read More >
New Delhi [India], June 6 (ANI): The Federation of Automobile Dealers Associations (FADA) on Friday released vehicle retail data for May, which revealed a modest rise of 5 per cent as compared to the same month last year. Segment-wise, two-wheeler was the best category, which performed, registering a rise of 7.3 per cent on a year-on-year basis, followed by three-wheeler (rise of 6.2 per cent), and the tractor segment registered a gain of 2.7 per cent on yoy basis.On the flip side, the Passenger ...Read More >
New Delhi [India], June 6 (ANI): The Federation of Automobile Dealers Associations (FADA) on Friday released vehicle retail data for May, which revealed a modest rise of 5 per cent as compared to the same month last year. Segment-wise, two-wheeler was the best category, which performed, registering a rise of 7.3 per cent on a year-on-year basis, followed by three-wheeler (rise of 6.2 per cent), and the tractor segment registered a gain of 2.7 per cent on yoy basis.On the flip side, the Passenger ...Read More >
New Delhi, Jun 6 (PTI) Almost every manufacturer in India, across various segments covered in a survey, has either invested in artificial intelligence and machine learning technology or is planning to do so, a senior officer from Rockwell Automation said on Friday. While sharing details of the survey, Rockwell Automation India Managing Director Dilip Sawhney told PTI that in a survey on smart manufacturing conducted two years ago, about two-thirds of organisations said they would either have al ...Read More >
New Delhi, Jun 6 (PTI) Almost every manufacturer in India, across various segments covered in a survey, has either invested in artificial intelligence and machine learning technology or is planning to do so, a senior officer from Rockwell Automation said on Friday. While sharing details of the survey, Rockwell Automation India Managing Director Dilip Sawhney told PTI that in a survey on smart manufacturing conducted two years ago, about two-thirds of organisations said they would either have al ...Read More >
Bangalore (Karnataka) [India], January 8: McAfee, a global leader in online protection, today announced the launch of McAfee® Deepfake Detector, the latest addition to the company's suite of AI-powered products, in India. With AI-created videos, or deepfakes, flooding the internet and circulating across social media, we now live in a world where seeing and hearing are no longer believing. To combat the rise in AI scams and misinformation, McAfee has worked with leading OEMs to bring powerful AI- ...Read More >
BusinessWire India Bangalore (Karnataka) [India], January 8: McAfee, a global leader in online protection, today announced the launch of McAfee® Deepfake Detector, the latest addition to the company's suite of AI-powered products, in India. With AI-created videos, or deepfakes, flooding the internet and circulating across social media, we now live in a world where seeing and hearing are no longer believing. To combat the rise in AI scams and misinformation, McAfee has worked with leading OEMs t ...Read More >
An Ertiga made at its Manesar factory in Haryana is the 2 millionth vehicle to roll out from Maruti Suzuki's stables An Ertiga, its popular multi-purpose vehicle manufactured at its Manesar facility in Haryana, drove Maruti Suzuki India Ltd to new milestone -- two million vehicles manufactured in a calendar year, making India's largest car manufacturer the only company to achieve the feat in the passenger vehicle space. Of the two million vehicles, almost 60 percent were manufactured in Haryan ...Read More >
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