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Sterling Tools Crosses INR 10 Billion Revenue Mark In FY2025
May 14, 2025
On a standalone basis, total income stood at INR 6,516 million, up 6.2 percent YoY and net profit came at INR 429 million, up 10.5 percent YoY, with an EBITDA margin of 14.5 percent.
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
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EKA Mobility To Deploy 750 E-Buses Across Andhra Pradesh
May 14, 2025
As per the understanding, the partners will deploy 129 units of 9-metre and 621 units of 12-metre electric buses across eleven cities – Amravati, Anantapur, Kadapa, Kakinada, Kurnool, Rajahmundry, Nellore, Guntur, Vijayawada, Vishakhapatnam and Tirupati
MT Bureau
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Sterling Tools Partners UK’s Advanced Electric Machines To Make Rare Earth Magnet Free Motors In India
May 14, 2025
It expects that the traction motors market will to grow to around INR 150 billion by 2030.
MT Bureau
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Kinetic Engineering Licenses Kinetic Brand To Kinetic Watts and Volts For EVs
May 14, 2025
Founded on 27 September 2022, Kinetic Watts and Volts is said finalising its EV product lineup, rollout strategy, partnerships and market entry plans.
MT Bureau
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MBRDI Selects Tata Elxsi To Accelerate Vehicle Software Engineering And SDV Development
May 14, 2025
The German luxury brand has been integrating software architecture to enhance vehicle capabilities, create intuitive interfaces and optimise performance, elevating the user experience and evolving the vehicle with changing driver needs.
MT Bureau