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Hero Motors Withdraws Rs 900 Crore IPO

October 7, 2024 16:54
Hero Motors Ltd, an auto-components firm, has withdrawn its IPO worth Rs 900 crore. The company was looking to raise Rs 500 crore through fresh issuance and Rs 400 crore through an offer for sale.

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Kolkata, Sep 9...

Raft Cosmic EV to Invest Rs 50cr in Bengal EV Plant

September 9, 2024 17:48
Raft Cosmic EV, a subsidiary of Cosmic Birla Group, plans to invest Rs 50 crore in a new electric scooter manufacturing plant in West Bengal, aiming for an annual capacity of 12,000 units. The...

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Hero Motors Files Draft Papers for Rs 900 Crore IPO

August 24, 2024 15:38
Hero Motors Ltd, an auto-components firm, has filed draft papers with SEBI for a Rs 900 crore IPO, including a fresh issue and OFS by promoters. The IPO proceeds will be used for debt payment,...

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eBikeGo plans to expand e-two-wheeler fleet to 1 lakh units by FY26

June 18, 2024 12:13
eBikeGo, an electric vehicle rental operator, aims to increase its fleet of e-two-wheelers to 1 lakh by FY26, targeting last-mile delivery and e-commerce growth. The company has already established...

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New Delhi, May 15...

TVS Motor Co Launches Operations in Italy | Electric & Conventional Scooters & Bikes

May 15, 2024 17:57
TVS Motor Company has launched operations in Italy, offering a range of conventional and electric scooters & motorcycles, including the TVS Apache 310 Series, Ronin 250, Raider, NTorq, Jupiter 125,...

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Wardwizard Electric 2-Wheeler Sales Double in April

May 13, 2024 13:02
Wardwizard Innovations & Mobility Ltd reported a significant surge in electric two-wheeler sales in April 2024, reaching 1,071 units, a more than 2x increase from the previous year.

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Wardwizard Electric Two-Wheeler Sales Double in January

February 13, 2024 17:59
Wardwizard Innovations & Mobility reported a two-fold increase in electric two-wheeler sales to 3,225 units in January, driven by strong customer demand.

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New Delhi, Jan 26...

Ola to Deploy 10,000 Electric Two-Wheelers in India

January 26, 2024 19:52
Ola Mobility plans to deploy 10,000 electric two-wheelers in India by December 2023, expanding its e-bike service across major cities. The company aims to offer affordable and sustainable...

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GD Goenka Group Appoints Gaurav Himkar as Group CEO

January 12, 2024 20:02
GD Goenka Group has appointed Gaurav Himkar as its Group CEO, aiming to enhance operational excellence and profit and loss accountability across different verticals.

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New Delhi, Jan 4...

PLI Schemes for 14 Sectors Focus: DPIIT Secy

January 4, 2024 18:07
India's DPIIT is focused on existing PLI schemes for 14 sectors, including pharma, white goods, and electronics. No new sectors like toys are being considered for now, as the government aims for...

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HOP Electric Aims for 3x Sales Growth in 2024, Mass Market E-Bike Launch

December 24, 2023 10:50
HOP Electric targets a three-fold rise in sales in 2024 and plans to launch a mass market electric bike, aiming to capture a significant share of the Indian two-wheeler market.

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