From 1 April 2025, all drivers in Mumbai will have to pay tolls using FASTag at every toll plaza. This is in line with Maharashtra State Road Development Corporation’s (MSRDC) announcement some time ago regarding a FASTag-only system to make toll payments, which would facilitate quicker and easier passage of vehicles through toll gates. But that is not the key news. The key news is that the toll on the Mumbai-Pune Expressway will rise by three percent from 1 April 2025. This hike is expected to dig a hole of up to INR 10 in every passenger car owner every time he gets on the respective expressway. 
Fully operationalised in April 2002, the Mumbai-Pune Expressway – first of its kind in India – was built on a BOT basis. It cost more than INR 16.3 billion to complete, according to a report found on the Magicbricks.com website dated 5 February 2025. An analysis in 1994 estimated the cost to be INR 11.46 billion. 
In its affidavit in response to a PIL filed in the Bombay High Court in 2019 citing a CAG report, MSRDC – the Maharashtra state’s special vehicle that built the respective expressway – mentioned that the CAG failed to consider aspects such as traffic flow in initial years, fluctuation in interest and value of money at the time when the first contract was awarded in 2004. 
After taking into consideration the internal rate of return at 16 percent, the total amount recoverable in 2021 was INR 223.7 billion (22,370 crore), MSRDC is known to have stated in its affidavit filed by Kamlakar Phand, Chief General Manager, MSRDC, justifying the extension of contract to collect toll.  
Known as India’s highest toll collecting expressway and also the costliest, the toll collection across the nine gates of the expressway in FY2022-23 was an estimated INR 480.28 billion (48,028.22 crore). In FY2023-24, it was an estimated INR 648.09 billion (64,809.86 crore), a 35 percent increase from the previous year. The average daily collection of around INR 1.5 billion in FY2023-24 in the respective fiscal marked an all-time high. 
But then it is not just the Mumbai-Pune Expressway that will see a hike in toll tax, driving in turn the cost of consumables, essential goods etc., up, the National Highways Authority of India (NHAI) will also increase the toll tax on national highways and expressways that it governs, effective 1 April 2025, mention sources. 
This hike will also touch two-wheelers as stretches such as the Delhi-Lucknow expressway are known to charge toll from that class of vehicles as well. The toll tax increase, sources say, will be in line with the tradition to yearly revise the charges to account for changes in the wholesale price index (CPI)-based inflation. 
Not stopping there and not taking into account the poor quality as well as sheer unsafe stretches of key highways such as the one connecting Pune with Belgaum, which is said to have been under construction for many-many years now, or the one that connects Mumbai with Goa, motorists of all class of vehicles, two-wheelers included, should brace themselves to see their pockets burn a bigger hole effective 1 March 2025 as road fines increase. 
Not supposed to complain about bad road surface, unsafe road design, crater-like patches or the suddenly appearing speed humps and simply pay the roll tax, motorists found to be under the influence of alcohol will have to pay a fine of INR 10,000 and/or face a six months term in prison for the first offence. Repeat offenders will have to pay INR 15,000 and may face up to 2 years in prison.
Those riding without helmets will have to pay INR 1,000 (earlier it was INR 100) and face license suspension for three months. Failing to wear a seat belt, the fine will be INR 1,000. 
Found talking on the phone while driving, the fine will be INR 5,000. Found driving without a valid driving license, the fine will be INR 5,000. Riding triple seat on a two-wheeler, the fine will now be INR 1,000. Sans a valid insurance (insurance attracts 18 percent GST whereas buying a vehicle amounts to between 28 to 50 percent of the price being taxes!), the fine will now be INR 2,000. Besides three months of imprisonment and community service, a repeat offence will see the fine double to INR 4,000. 
The absence of pollution certificate will attract a fine of INR 10,000 along with a prison sentence of six months and community service. Dangerous driving and over speeding with attract a fine of INR 5,000 each here after. Blocking of emergency vehicles will lead to a fine of INR 10,000. Overloading of commercial vehicles will lead to a fine of INR 20,000. 
Jumping a red signal will attract a fine of INR 5,000. Earlier it was INR 500. Offence committed by juveniles behind the wheel or handlebar will lead to a fine of INR 25,000 rather than INR 2,500. A prison sentence of three years and cancelation of vehicle registration for a year besides ineligibility to get a driving license till the age of 25 will be there too. 

Image for representative purpose only.

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Japanese automotive companies Honda Motor Co and Mitsubishi Motors Corporation have signed a Memorandum of Understanding (MoU) to develop a Honda pickup truck based on the Mitsubishi Triton.

The agreement marks the first product-supply initiative between the two manufacturers, with the new Honda model scheduled to enter the ASEAN market in 2028. The collaboration originates from a strategic partnership framework established in August 2024 among Honda, Mitsubishi Motors and Nissan Motor, which explores vehicle supply arrangements to expand product lineups across international markets.

As per the agreement, Honda will enter the pickup truck segment in the ASEAN region by utilising Mitsubishi's 1-tonne ladder-frame Triton platform. For Mitsubishi Motors, the OEM supply contract will increase production volumes and vehicle assembly capacity utilisation at its manufacturing facilities in Thailand. The three partner companies continue to examine additional vehicle supply and technology-sharing initiatives.

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Industry leaders at the Renewable Energy India Expo and The Battery Show India (TBSI) highlighted critical mineral access, technology partnerships and domestic manufacturing capabilities to strengthen India's electric vehicle supply chain.

The event convened over 1,080 exhibitors, 1,400 brands and 54,000 professionals, focusing on international collaboration across critical minerals, battery technology and energy storage.

Interestingly, Australia, represented by 20 companies and 32 exhibitors, identified battery production and electric vehicle supply chains as areas for cooperation with Indian manufacturers, leveraging its lithium, cobalt and rare earth reserves. Projections shared at the exhibition indicate India's renewable energy market will reach 486 GW by 2030, while the battery storage sector is projected to surpass USD 8.5 billion by 2031, growing at a compound annual growth rate of 33 percent.

Philip Green, Australia’s High Commissioner to India, said, "The two countries could combine Australia’s engineering expertise and mineral resources with India’s manufacturing strength and integration into global supply chains. Australia produces more than 50 percent of the world’s lithium, according to Green, and holds the world’s second-largest cobalt reserves. It also ranks second or third globally in rare earth resources." he said.

Yogesh Mudras, Managing Director of Informa Markets in India, said, "Renewable energy generation and grid storage needed to expand together as the country advanced its energy transition. India’s renewable energy market is projected to reach 486 GW by 2030, growing at a compound annual growth rate (CAGR) of 15 percent. The country’s battery storage sector is projected to exceed USD 8.5 billion by 2031, with a CAGR of 33 percent."

Anandi Iyer, Director of the Fraunhofer Office in India, said, "India and Germany had opportunities to collaborate in battery research, power electronics, advanced engineering and industrial automation. Approximately 800 GW of renewable energy capacity additions globally in 2025, while global battery storage deployment reached 108 GW, an increase of 40 per cent from the previous year. Technological self-reliance did not mean working in isolation, highlighting the importance of trusted partnerships and supply chains that can translate research into commercially viable solutions."

Manu Srivastav, Additional Chief Secretary in Madhya Pradesh’s Power & Renewable Energy Department, said, "Renewable energy was becoming increasingly competitive with conventional power as costs declined.”  

Jai Asundi, Executive Director of the Centre for Study of Science, Technology & Policy, said, "India would need continued investment in manufacturing, energy storage, grid infrastructure, research and skilled talent to build a resilient clean energy ecosystem."

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Caterham has confirmed its participation in the London International Motor Show 2027, with the British manufacturer set to appear in the event's Built in Britain zone at Excel London from 26 to 28 February 2027. The maker of the legendary Seven, produced in Britain since 1973, will display a selection of its cars on stand 1920.

Visitors will have the opportunity to examine one of the purest driving machines available anywhere, with the Seven widely regarded as a definitive British sports car thanks to its light, simple, hand-built construction in Kent and driver-focused engineering. The Built in Britain zone celebrates the designers, engineers and craftspeople sustaining the country's automotive industry, with specialist sports car makers playing a central role.

Though small in scale, these manufacturers wield enormous influence through cars whose character and focus are admired by major global firms and sought after by enthusiasts. The zone offers them a capital stage before a national audience. The show runs alongside Motorsport Expo and Car Culture UK, with one combined ticket covering all three and around 90,000 visitors expected across the weekend. Friday 26 February serves as the press and trade day, running alongside the public opening.

Stephen Maitland-Oxley, Event Director, London International Motor Show, said, “Caterham is exactly the kind of company Built in Britain was created to celebrate. The Seven is a British icon, and the team behind it has spent more than 50 years proving that lightness, ingenuity and sheer driving fun never go out of fashion. Britain's niche sports car makers are a national asset and we are delighted to give them the spotlight they deserve. Having Caterham with us is a wonderful way to set the tone for the zone.”

Trevor Steel, Senior Vice President – Operations, Caterham Cars, said, “ "At its core, the Caterham Seven is engineered to deliver a driving experience that is as pure, enjoyable and rewarding to the driver, as any car on sale today. Since its inception by Colin Chapman nearly 70 years ago, and since becoming a Caterham in 1973, the Seven has always been proudly built here in Britain, and this is heritage we’re always wishing to celebrate. Built in Britain is a natural home for us, and we are looking forward to meeting enthusiasts, owners and a new generation of drivers in London next February.”

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GP Petroleums has appointed Shirish Suvagia as its new Chief Financial Officer and Key Managerial Personnel, effective 15 October 2026.

Suvagia is a Chartered Accountant with over 23 years of experience in corporate finance, treasury, strategic planning, mergers & acquisitions, and debt and equity fundraising.

He holds Bachelor's and Master's degrees in Commerce from the University of Mumbai, an Executive MBA from IIM Indore, a CISA certification from ISACA, and an IFRS certification from the ICAI.

In his role as CFO, Suvagia will manage the company's financial strategy, treasury, business planning, capital allocation, risk management and reporting functions as GP Petroleums expands its IPOL lubricants brand across domestic and international markets.

Ayush Goel, Chairman & Managing Director of GP Petroleums, said, "We are delighted to welcome Suvagia to GP Petroleums. His experience across corporate finance, treasury, fundraising and mergers & acquisitions will be a valuable asset to the Company, particularly as we focus on capital allocation, business expansion and long-term value creation. We look forward to his contribution as we take the company forward. We are confident that his leadership and financial expertise will support the Company in creating sustainable value for all stakeholders."

"I am excited to join GP Petroleums at an important stage of its growth journey. IPOL is a well-established and respected brand with strong market fundamentals and significant opportunities ahead. I look forward to partnering with the Board and leadership team to further strengthen the Company's financial capabilities, support strategic growth initiatives, and drive long-term value creation for stakeholders," said Suvagia.

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