Macquarie, a leading financial services firm, has launched Vertelo, a new platform aimed at boosting the adoption of electric vehicles (EVs) in India. With the EV market valued at $2 billion and projected to reach $5 billion soon, Vertelo aims to accelerate this growth by offering a range of Continue Reading
Tata Motors, a prominent automobile manufacturer, is set to invest ₹9,000 crore in constructing its inaugural plant in Tamil Nadu, as stated by the state’s industries department. This investment is anticipated to generate around 5,000 job opportunities. TRB Rajaa, Tamil Nadu’s industries minister, announced on social media that Tata Motors will establish a Continue Reading
Tata Motors has successfully secured a significant order from the Uttar Pradesh State Road Transport Corporation (UPSRTC) to provide 1,350 bus chassis. The competitive procurement process, conducted through e-bidding and government tendering, resulted in Tata Motors emerging as the chosen supplier. The company expressed its appreciation to the Uttar Pradesh State Continue Reading
Tata Motors is making a global investment in the electric vehicle business. US-based TPG Rice Climate and Abu Dhabi-based ADQ will invest Rs 7,500 crore. Tata Motors will transform its electric vehicle business into a separate company. The TPG-ADQ alliance will have an 11% –15% stake in the company. The new company is valued at […]Continue Reading