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New Delhi
Keshub Mahindra died at the age of 99, just days after re-entering the Forbes billionaire list for 2023. With a net worth of $1.2 billion, the former chairman of Mahindra & Mahindra was the oldest billionaire in India.
IFC will acquire a 5.6% stake in the tyre giant through the preferential issuance of compulsorily convertible debentures (CCDs).
MITRA intends to grow its product line and network in India and global markets as a result of this takeover.
The company's collaboration with Bennamann began in 2019 when the two collaborated on the development of a liquefied natural gas fuel tank for CNH's tractor prototype.
The national government has published a scrappage policy for automobiles, but there is no clarity on the benefits it provides to owners.
Omega Seiki Mobility has been quickly expanding its product line and production footprint in India.
Mahindra is positioning itself with this new facility to grab a huge chunk of this booming market
The new model line includes a more powerful 320 HP BSVI diesel powertrain, which provides the high wheel-end torque needed to negotiate difficult, gradient mining roads
Two Mahindra Group companies, M&M and Tech Mahindra, are among the six Indian companies featured in this year's World Index.
With "GALAXY," the brand debuted in the long-range electric luxury coach segment at Auto Expo 2023. The bus has advanced lithium-ion battery chemistry and a company-claimed range of 1000 kilometers
As a result, in addition to using Ashok Leyland's existing bus and LCV setup, it is looking into new states such as Maharashtra, Uttar Pradesh, and Rajasthan, among others.
Ashok Leyland's launched a new brand tagline "Koi Manzil Door Nahin". The new brand identity emphasizes the brand's customer-centricity while highlighting its technological innovations in the field.
The demand has been most visible in Europe and the United States, where demand for Indian tractors has exceeded expectations.
ETO is working with SAERA to expand its Micro Assembly Strategy in order to improve regional deployment efficiencies.
Pininfarina created a futuristic design that combines safety, comfort, and technology.
