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Ashok Leyland Reports Record Net Profit Of INR 33 Billion For FY2024-25
May 23, 2025
For Q4 FY2025, the EBITDA of 15 percent at INR 17 billion, as against 14.1 percent at INR 15 billion last year. The PAT came at INR 12 billion, up 38.4 percent as against INR 9 billion last year. The company generated INR 32 billion in cash during the qua
MT Bureau
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EKA Mobility Awarded Automotive PLI Certificate By ARAI For Its Bus Platform
May 22, 2025
EKA Mobility Awarded Automotive PLI Certificate By ARAI For Its Bus Platform
MT Bureau
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Magenta Mobility Expands Fleet With 350 Tata Ace EV
May 19, 2025
The Tata Ace EV comes with a certified claimed range of 161km, 1,000kg payload capacity and is powered by Tata Motors’ Fleet Edge connected vehicle platform. To date, the automaker has sold over 8,000 Tata Ace EVs, which have cumulatively accumulated mo
MT Bureau
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Euler Motor Raises INR 6.38 Billion In Series D Led By Hero MotoCorp And BII
May 19, 2025
The company aims to utilise the fund towards expanding its sales & service network, and advance new product development.
MT Bureau
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DICV Achieves Record 2,200 Bus Sales, 65.9% Export Growth And INR 22 Billion in Service Revenue
May 16, 2025
The company’s key performance highlights include record bus sales of 2,200 units, a 10.5 percent YoY growth and a 65.9 percent surge in bus exports.
MT Bureau
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GreenCell Mobility To Deploy Over 1,200 E-Buses from CESL Under PM E-Bus Sewa Scheme
May 14, 2025
The company has partnered VE Commercial Vehicles (VECV) for deploying these e-buses across 6 cities in Madhya Pradesh.
MT Bureau