In October, Kia said it intended to develop a wide range of EV models priced between USD 30,000 and USD 80,000, including smaller EVs like the EV5, EV4, and EV3
The trust said the annual DPU of Rs 10.09 declared for FY24 comprises Rs 7.10 per unit as interest, 99 paise as dividend, Rs 1.94 as repayment of SPV loan and 6 paise as treasury income
The comments come after Volkswagen in February signed a supply agreement with India’s Mahindra on the use of key electric components of the German carmaker’s open platform for electric vehicles
The company is aiming to double its revenue in the coming three years, riding on inorganic opportunities
The country’s largest two-wheeler manufacturer is looking to grow its market share in the premium motorcycles segment from last year's 5 percent levels.
Multi-pronged strategy to recoup lost market share, strong sector tailwinds are positives
The company took an enabling resolution to raise an aggregate amount up to Rs 7,500 crores to pursue M&A opportunities
Elon Musk says Tesla still plans to grow the network, albeit at a slower pace. He rehired de Zegher, but hasn’t said how many others will be asked to return
Audi has lagged far behind Tesla and other Chinese rivals in EV sales amid a protracted EV price war
ATMA said the domestic tyre industry is a significant employer, providing livelihoods to over 5 lakh people directly and indirectly employed in manufacturing, distribution, and related services
Total income rose to Rs 1,914.82 crore in the fourth quarter of FY24, from Rs 1,838.82 crore in the year-ago period
Investment by JLR ended at 3.3 billion pounds (more than Rs 33,000 crore), and Tata Motors did more than Rs 8,200 crore
The proposed transaction was approved by the new board of IL&FS and the IL&FS Transportation Networks (ITNL) Board on October 6, 2023
Moneycontrol's Chandra Srikanth discusses the influence of AI on India's IT sector: Will it cause disruption or usher in evolution? In an interview, Rafee Tarafdar, Chief Technology Officer at Infosys, shares insights on the industry's perspective on artificial intelligence.
The now signed preliminary agreement is non-binding. A final agreement is expected within this year, with the goal to close the final transaction in Q1 2025, subject to necessary examination and approvals by the respective authorities
JSW Steel expects to spend Rs 23,000 crore in FY26 and Rs 21,434 crore in FY27. It spent Rs 16,752 crore in FY24.
The medical team will assist in assessing the medical situation and recommend the course of care, Air India said in a statement.
The current fiscal year may remain soft, but the company should benefit in the long run from enhanced technology budgets
Walmart reported first-quarter adjusted earnings of 60 cents per share, easily beating the 52-cent average forecast. Total revenue of $161.51 billion also topped estimates.
Adidas will offer similar versions of the Samba and other shoes for $60 to $80, more affordable entry points than the $100 to $150 price tag for the main shoe lines
The energy team that was assigned to take over charging-network management has some similar design and construction roles, two of the former Tesla employees said
Chevron has said it would sell between $15 billion to $20 billion in assets as part of its planned acquisition of Hess, which has hit a stumbling block due to a legal conflict with rival Exxon over assets in Guyana
The board approved a dividend payment of Rs 11 per share for the financial year 2024-25.
According to the rating agency, airport operators, regulator and other stakeholders have made significant progress in resolving the long-pending issues
