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Mumbai: Facing Rising financial pressure, Mumbai's Brihanmumbai Electric Supply and Transport (BEST) undertaking has formally sought Rs 4,000 crore from the Brihanmumbai Municipal Corporation (BMC), hoping the proposal will be cleared in the upcoming civic budget. The funds are aimed at addressing two critical priorities, clearing long-pending gratuity dues of retired employees and expanding the bus fleet. BEST currently operates a fleet of 2,760 buses across Mumbai. Gratuity Payments and Fleet ...Read More >
Karnataka's Transport Minister has raised serious concerns about electric buses operated by private firms in Bengaluru. Frequent breakdowns, driver strikes, and a rise in accidents are impacting services. The minister is urging for stricter clauses in future tenders to ensure better driver training and operational standards. Karnataka's transport minister Ramalinga Reddy has written to Heavy Industries Minister HD Kumaraswamy calling for rigorous clauses in tenders for private operators of elec ...Read More >
BENGALURU: Macquarie Asset Management (MAM) has raised $405 million for Vertelo, its fleet electrification platform in India, marking the firm's largest investment commitment in the electric vehicle (EV) sector in Asia.Vertelo was created and is operated by Macquarie Asset Management. The platform, launched in April 2024, provides integrated solutions to support EV fleet adoption, including leasing and financing, charging infrastructure, energy management, fleet operations, and end-of-life asset ...Read More >
Mumbai, Aug 14 (SocialNews.XYZ) Ashok Leyland on Thursday reported a sharp sequential drop in its consolidated net profit for the April-June quarter (Q1 FY26), with earnings falling 47.21 per cent to Rs 657.72 crore from Rs 1,245.92 crore in the previous quarter (Q4 FY25). Revenue from operations also declined 20.32 per cent to Rs 11,708.54 crore, compared to Rs 14,695.55 crore in Q4 FY25, according to its stock exchange filing. The company's total income fell in line with revenue to Rs 11,807 ...Read More >
BHUBANESWAR: Prime Minister Narendra Modi gifted a handcrafted silver filigree purse from Cuttack to First Lady of Ghana Lordina Mahama during his visit to the country. Meticulously handcrafted by skilled artisans, it features delicate floral and vine motifs formed from fine silver wires, combining airy lightness with durability and elegance. Traditionally used in jewellery, Cuttack's filigree now adorns modern accessories like this purse, blending heritage with contemporary style. PM Modi arr ...Read More >
New Delhi: India's electric vehicle market witnessed mixed trends in June 2025, with electric cars, two-wheelers, and buses registering growth while sales of passenger and cargo electric three-wheelers declined month-on-month, according to a report by JMK Research & Analytics. Sales of high-speed electric two-wheelers (E2Ws) rose 5 per cent month-on-month to 1,05,282 units in June. The top three players continued to dominate the segment, accounting for about 65 per cent of the total registratio ...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 >
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 >
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