Press Release

Ola Electric raises $200 million at a valuation of $5 billion

Ola Electric raises $200 million at a valuation of $5 billion

Ola Electric, India’s leading manufacturer of EVs, today announced it has raised over $200 million from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and others. The latest round values the company at $5 billion. Over the last 12 months, Ola Electric has built the Futurefactory, the world’s largest 2W manufacturing facility, Ola S1 – the best scooter ever made and[Read More…]

by January 24, 2022 Newscast, Press Release
LML forms strategic alliance with former Harley Davidson Manufacturing Facility in India

LML forms strategic alliance with former Harley Davidson Manufacturing Facility in India

LML Electric is laying the groundwork for a long-term future in the EV business in India and around the world. The company announced a strategic partnership with Saera Electric Auto, one of the auto two-wheeler producers formerly manufacturing for Harley Davidson. Saera’s facility strategically located in the auto hub of Bawal in Haryana is now set to produce the most[Read More…]

by January 21, 2022 Newscast, Press Release
Continental Tyres appoints new Managing Director

Continental Tyres appoints new Managing Director

Continental Tires has appointed Samir Gupta, who has over three decades of experience in varied industries, as the new Managing Director, India. Samir will also continue as the Head of Central Asia Region (India, Indonesia, Thailand and Malaysia) Passenger & Light Truck Tires Replacement Business (PLT RE), which he has been leading for the past three years.  Samir has an[Read More…]

by January 21, 2022 Newscast, Press Release
30 MW Solar Project in Karnataka

30 MW Solar Project in Karnataka

PRESS RELEASE Amp Energy India commissions solar power project for Bosch Limited This is Amp’s 3rdSolar Open Access project in Karnataka New Delhi, 4 January 2022: Bosch Limited, a leading provider of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology in India, has partnered with Amp Energy India, India’s first[Read More…]

by January 4, 2022 Newscast, Press Release
BOUNCE PARTNERS WITH NOBROKER

BOUNCE PARTNERS WITH NOBROKER

Bounce has announced a new partnership with NoBroker.com, India’s first real estate start-up. Bounce gains access to over 1 lakh Nobroker.com locations across India as a result of this partnership. This smart solution will be widely available in residential welfare societies (apartments, standalone buildings, gated societies, and so on), making it extremely convenient for customers to access the nearest swapping[Read More…]

by December 13, 2021 Newscast, Press Release
Rajasthan receives over Rs. 1,94,800 crores in investment commitments from Mumbai.

Rajasthan receives over Rs. 1,94,800 crores in investment commitments from Mumbai.

Press Release Invest Rajasthan – 2022: Investors Connect Programme in Mumbai, Rajasthan Clocks Investment Commitments over Rs. 1,94,800 Crores from Mumbai. Mumbai, India | December 8, 2021: The Rajasthan Government has organised the Investors Connect Programme in Mumbai, in collaboration with national partner CII, in order to attract investments in various sectors in the state. With this prelude to the[Read More…]

by December 8, 2021 Newscast, Press Release
MeitY Recognizes Syrma SGS Technology Limited With a Appreciation Award

MeitY Recognizes Syrma SGS Technology Limited With a Appreciation Award

Press Release MeitY Recognizes Syrma SGS Technology Limited With an Appreciation Award For Their Outstanding Contribution In IoT Products Manufacturing In India India, 2 nd December 2021- Syrma SGS Technology Limited, today received recognition from the Ministry of Electronics and Information Technology (MeitY) with an appreciation award for their outstanding contributions in manufacturing IoT products in India at the “Azadi[Read More…]

by December 2, 2021 Press Release
Marelli plans to become carbon neutral in its operations by 2030.

Marelli plans to become carbon neutral in its operations by 2030.

Marelli outlines plans to become carbon neutral in operations by 2030 Press Release The goal will be met through energy-saving activities, the use of 100 per cent renewable grid electricity, self-generation, and the neutralisation of unavoidable emissions through certified projects. The commitment advances Marelli’s strategy and roadmap toward a more sustainable and responsible business. Marelli, a leading Automotive supplier, announced[Read More…]

by December 1, 2021 Press Release
Infineon Technologies – OptiMOS™ 6 100 V

Infineon Technologies – OptiMOS™ 6 100 V

OptiMOS™ 6 100 V significantly improves technology to set a new industry standard for high switching frequency applications There is a clear trend toward higher efficiency and reliability in modern switch-mode power supplies (SMPS) and battery-powered applications. Infineon Technologies AG introduces the OptiMOSTM 6 100 V with a new power MOSFET technology to support this trend. The new technology is[Read More…]

by November 30, 2021 Press Release
Schaeffler India Signs MoU with Tamil Nadu Government for new plant to expand Hosur operations

Schaeffler India Signs MoU with Tamil Nadu Government for new plant to expand Hosur operations

PRESS RELEASE Highlights MoU signed for greenfield expansion with an investment of INR 3000 million over 4 years New facility will expand the production footprint in Hosur for transmission components and systems Promote tangible economic and social benefits to the people of Tamil Nadu November 23, 2021, | Coimbatore Schaeffler India Limited, a leading industrial and automotive supplier, today signed[Read More…]

by November 26, 2021 Press Release