Greaves Cotton Appoints Dr Basu Deputy Managing Director
- By MT Bureau
- May 18, 2022
Greaves Cotton Limited has announced the appointment of veteran executive leaders Dr. Arup Basu as Deputy Managing Director of Greaves Cotton Ltd and Sanjay Behl as CEO and Executive Director of Greaves Electric Mobility.
The strengthening of leadership comes on the heels of highest-ever consolidated quarterly revenue of INR 621 crore reported for the quarter ending March 31, 2022, the company said in a statement.
It said the Greaves group leadership will move to a simpler and more focused structure in line with the reorganisation of business carried out in 2021 to facilitate sustained growth. Both the leaders will report into Nagesh Basavanhalli, MD and Group CEO.
In his role, Dr. Basu will lead the development and execution of long-term strategies of GCL and will oversee implementation of overall corporate purpose and vision of GCL across Engines and Retail Business.
He brings over 30 years of experience in running manufacturing intensive businesses such as Packaging (MD at Huhtamaki PPL) Chemicals (President and CTO at Tata Chemicals), and Automotive (Tata Motors).
Greaves Electric Mobility (GEMPL), comprising e-scooters, e-rickshaw and e-auto segments, is one of the fastest growing business within the group accounting for 38 per cent of the overall revenue for the quarter ended March 31, 2022, representing an annual YoY revenue growth of 251 per cent.
As CEO & Executive Director of GEMPL, Sanjay will focus on leading the accelerated growth of the electric mobility business, it said. He comes with a rich experience in leading consumer facing businesses such as Textiles (CEO of Raymond Ltd), Broadcasting (CEO of Reliance Big TV) and Technology (Co-founder/CEO of Nextqore Inc).
Basavanhalli said, “I am delighted to welcome Dr. Arup Basu and Sanjay Behl into the leadership team of the Greaves Cotton group. Their immense experience in transforming and growing Indian businesses at global scale will help us accelerate our growth. Their leadership skills in building future facing organizations will help steer growth in their respective areas.” (MT)
Ather Energy To Unveil Mass-Market Scooter On 29th August
- By MT Bureau
- July 14, 2026
Bengaluru-based electric vehicle maker Ather Energy has announced that the fourth edition of its community event, Ather Community Day, will take place on 29 August 2026 in Bengaluru.
On 29th August, Ather Energy will unveil its first e-scooter built on its EL platform, marking its entry into the mass-market scooter segment.
The EL platform is a vehicle architecture designed for versatility, scalability and manufacturing efficiency. The upcoming scooter is intended to address the price segment of INR 100,000 to INR 125,000. In addition to the vehicle, Ather will showcase innovations in technology, charging and ownership systems.
In what can be seen as a further interesting development, Hero MotoCorp, which was amongst the earliest backers in the EV maker, has approved an investment of INR 10 billion in Ather Energy.
At present, Hero MotoCorp holds 29.48 percent stake in the company. The new investment will further see subscription to equity shares or other eligible securities, including compulsorily convertible preference shares and warrants to be issued by Ather Energy on a preferential basis.
Ather Community Day serves as an event for owners, enthusiasts and partners to view product developments and company strategy. The 2025 event, held on 30 August, hosted over 4,000 attendees and featured the unveiling of the EL platform, the Redux concept vehicle, fast-charging technology and AtherStack 7.0.
HPCL Conducts Fuel Quality Inspections To Monitor Ethanol-Blended Petrol
- By MT Bureau
- July 14, 2026
Hindustan Petroleum Corporation (HPCL), one of the leading Oil Manufacturing Companies (OMCs), has conducted a series of inspections to monitor ethanol-blended petrol across its retail network.
Between 3 July and 13 July 2026, the company performed 1,385 regular field inspections, alongside 2,173 surprise inspections between 7 July and 13 July.
Additionally, HPCL’s Quality Assurance Cell completed 93 surprise inspections and 49 fuel samples were tested in mobile laboratories. According to HPCL, no irregularities, contamination, or issues regarding quality compliance were detected during these checks.
HPCL maintains a quality assurance system that includes field inspections, surprise checks and laboratory testing to ensure fuels meet specified standards.
Kazam Launches Integration Programme For Charge Point Operators Into Unified Bharat e-Charge Platform
- By MT Bureau
- July 13, 2026
Kazam has introduced a seven-day programme to assist Charge Point Operators (CPOs) in connecting their existing networks to the Unified Bharat e-Charge (UBC) platform at no initial cost.
The initiative utilises Kazam’s Beckn Provider Platform to facilitate the onboarding of CPOs to the interoperability layer developed by the Ministry of Heavy Industries, BHEL and NPCI.
Unified Bharat e-Charge is designed to provide an open network that allows users to find charging stations, check availability, compare prices and manage payments through compatible applications. CPOs with OCPI-compatible systems can integrate their current management systems, applications, and pricing models into the network.
Akshay Shekhar, Co-Founder and CEO, Kazam, said, “India does not need every charging operator to build another consumer application. It needs every reliable charger to become accessible through an open and trusted network. Through this programme, we want to ensure that the cost of integration does not prevent capable CPOs from participating in Unified Bharat e-Charge. Kazam will provide the provider-side infrastructure so operators can connect their existing ecosystems without rebuilding them from the ground up.”.
Participating CPOs will receive support for network assessment, OCPI integration, protocol enablement, sandbox testing and transaction validation. By joining the network, operators can improve the discoverability of their charging stations while retaining control over their assets, pricing and customer relationships. Kazam is already live on the network, supporting transactions through BHIM and other participants.
DRIVN Partners JBM Electric Vehicles To Deploy 500 E-Buses
- By MT Bureau
- July 13, 2026
DRIVN and JBM Electric Vehicles (JBMEV) have signed a Memorandum of Understanding (MoU) to deploy 500 electric buses across India over the next year. The initiative aims to support the adoption of electric commercial vehicles by offering integrated leasing, financing, maintenance and charging solutions.
The initial rollout will prioritise luxury intercity coaches, allowing fleet operators to transition to electric vehicles without large upfront capital investment. The partners intend to explore further collaborations in segments such as school transportation, employee mobility and airport transit.
Alpna Jain, Co-Founder and Chief Business Officer, DRIVN, said, "Commercial fleet electrification requires an ecosystem that makes the transition both operationally seamless and financially viable. Our partnership with JBM Electric Vehicles combines technology leadership, EV ecosystem solutions and manufacturing excellence with an integrated leasing model to help fleet operators adopt electric buses with greater ease and confidence. By bringing together financing, fleet support and charging solutions, we are building a scalable pathway for accelerating commercial EV adoption across India."
Nishant Arya, Chairman, JBM Electric Vehicles, said, “India witnessed a growth of 40 percent in e-bus registrations in H1 CY2026 with 2,944 bus registrations across various states under the PM E-Bus Sewa and PM E-Drive schemes. This partnership with DRIVN comes in at an opportune time aptly complimenting the growing momentum in India’s e-bus deployment. At JBMEV, we believe that the transition to clean mobility must be both scalable and financially viable. By integrating our advanced electric bus technology with DRIVN’s innovative leasing and financing platform, this partnership is designed to unlock scalable adoption of e-mobility by addressing capital barriers and enabling a more sustainable, asset-light transition for fleet operators, corporates amongst others. This collaboration reinforces our commitment to building a future-ready, zero-emission mobility ecosystem while advancing India’s decarbonisation agenda.”
According to industry estimates, the Indian electric bus market is projected to reach USD 2.43 billion by 2030, with electric buses accounting for 4.5 percent of total bus sales in FY2026.
Comments (0)
ADD COMMENT