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Eicher Motors Reports INR 55.15 Billion Net Profit For FY2026
May 22, 2026
During Q4 FY2026, Royal Enfield sold 313,811 motorcycles, up 12 percent YoY, while VE Commercial Vehicles (VECV) reported sales of 33,976 units, as against 28,675 units a year ago. The company reported INR 60.8 billion revenue, up 16 percent YoY, EBITDA
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REPS Secures $23.6 Million Funding To Convert Road Traffic Into Clean Electricity
May 22, 2026
The system is designed to install directly into road surfaces without disrupting traffic flow. It targets high-traffic locations where vehicles naturally slow down, brake or experience forces from slopes, such as ports, logistics hubs and industrial sites
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LTM To Acquire Randstad’s Tech and Consulting Business
May 22, 2026
The transaction represents more than USD 500 million (EUR 469 million) in annual revenue and is intended to scale domain-driven solutions and AI services within these regions. The transaction represents more than USD 500 million (EUR 469 million) in an
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Stellantis’ Targets EUR 60 Billion Investment, 60 New Launches By 2030 Under FaSTLane 2030 Strategy
May 21, 2026
The strategy focuses on an overhaul of the brand portfolio to improve capital efficiency, leading to more than 60 vehicle launches and 50 refreshes by 2030. The company will direct 70 percent of its product investments towards its four global brands – J
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Eicher Motors, Volvo Group Announce New JV For Financial Services In India
May 21, 2026
The partnership will be established through EML acquiring a 50 percent stake in Volvo Financial Services (VFS) India. Eicher Motors' board has approved an investment of up to INR 7.5 billion to subscribe to the equity stake. The exact investment amount wi
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MANN+HUMMEL Opens Global Technology & Innovation Center In Karnataka, Plots INR 1 Billion Investment Too
May 21, 2026
The centre integrates research laboratories, testing infrastructure, digital engineering and data analytics. The company intends for this site to function as an innovation engine, leveraging India's engineering talent to shorten development timelines.
