SBI Collaborates With Uber To Offer Affordable Finance To Fleet Partners

SBI Collaborates With Uber To Offer Affordable Finance To Fleet Partners

State Bank of India (SBI) has entered into a strategic partnership with Uber to offer low-cost, tailored financing solutions as well as hassle-free loan disbursement to Uber’s fleet partners.

Both new and current Uber fleet partners will benefit from the partnership, which will enable them to easily grow their businesses and support the continued expansion of the ride-hailing sector in India. Easy loan disbursement will be made possible by the integration, assisting fleets in maintaining peak performance. The partnership guarantees that fleet partners can effectively manage their money and grow their businesses more quickly by utilising SBI's vast financial services network and Uber's technologies.

Vinay M Tonse, MD (Retail Business & Operations), SBI, said, “At SBI, we are committed to offering innovative financial products that support businesses across India. Our partnership with Uber highlights our focus on providing tailored solutions to a diverse set of customers. By offering affordable financing solutions to Uber fleet partners, we are helping to fuel the growth of the ridesharing sector while also ensuring that fleet owners have access to the capital they need to succeed.”

Prabhjeet Singh, President, Uber India & South Asia, said, “This partnership reinforces Uber’s commitment to its fleet partners and aligns with our vision of fostering growth in India’s ride sharing ecosystem. By providing affordable loans through SBI’s customised offerings, we aim to create an enabling environment that provides fleet partners with the tools they need to scale effectively and contribute to the overall development of the industry.”

Tata Motors Curvv Gets New Executive Features

Tata Curvv

Tata Motors Passenger Vehicles has announced the introduction of the Curvv model with new and enhanced executive features. The company has enhanced interior space across all Curvv variants (ICE and EV) through engineering innovations, with a focus on rear seat comfort and practicality.

The Curvv now features: India’s first R-Comfort Seats with Passive Ventilation. Serenity Screen Rear Sunshades. EasySip Cup Docks on the Rear Armrest. A Dashboard Insert in White Carbon Fibre finish and lighter Interior (Lalitpur Grey) with Plush Benecke-Kaliko Leatherette Seats.

The coupe SUV also introduces TwinZone Climate Concierge Air Conditioning. The Curvv.ev takes comfort further with the addition of a PureComfort Rear Co-Passenger Footrest and ErgoWing Headrest.

This enhanced version will be available in all Accomplished personas of the Curvv, starting at INR 1.45 million, and in the Accomplished and Empowered personas of the Curvv.ev, starting at INR 1.84 million.

The Curvv features a voice-activated panoramic sunroof with mood lighting, a gesture-activated powered tailgate, and a 500-litre boot space. Technology includes a 31.24 cm 12.3-inch Cinematic Touchscreen Infotainment System by HARMAN, paired with a 9-speaker JBL sound system and Arcade.ev.

The Curvv is available in both ICE (Hyperion gasoline direct injection, 1.2-litre Revotron Petrol and 1.5-litre KryoJet Diesel engines and EV powertrains, offering both automatic and manual transmission options.

The vehicle is equipped with Level 2 ADAS and holds a 5-star Bharat NCAP safety rating.

Force Motors Achieves Record Financial Growth

Force Motors Achieves Record Financial Growth

Force Motors Limited has announced record-breaking financial results for the second quarter and first half of the fiscal year 2025-26, marking its highest-ever performance for these periods. The company, India's leading van manufacturer, achieved significant growth in profitability and operational metrics.

Financially, the company reported a standalone total income of INR 21.06 billion for Q2, an eight percent year-on-year increase, and INR 44.28 billion for H1, up 15 percent. Earnings saw an even more substantial rise, with EBITDA growing 33 percent YoY to INR 3.87 billion in Q2 and 34 percent for H1 to INR 7.44 billion. Profit After Tax surged remarkably by 148 percent in Q2 to INR 3.50 billion, a jump attributed to the shift to the New Tax Regime. The company also maintains a strong, zero-debt financial position.

This performance was propelled by robust operational success. Domestic sales volume grew by 16 percent in the first half, fuelled by strong demand for its Urbania, Traveller, Gurkha, Monobus and Trax vehicle ranges. The company also saw a 77 percent surge in export volumes. The Traveller platform continues to dominate its segment with a market share exceeding 70 percent.

The landmark results are credited to the strength of the company's product portfolio, operational excellence and a customer-centric strategy. By focusing on its core capabilities in shared passenger mobility, Force Motors has unlocked new growth opportunities. Looking forward, the company remains committed to sustainable growth by enhancing customer satisfaction, strengthening its product portfolio and expanding its international presence in a calibrated manner.

Tata Motors To Gift Sierra SUVs To Women's World Cup Winning Team

Tata Sierra

Tata Motors Passenger Vehicles has announced it will present the Indian Women’s Cricket Team with the first lot of the soon-to-be-launched Tata Sierra SUV following their victory at the ICC Women's World Cup. The Tata Sierra is slated to be launched on 25th November.

The company will gift the top-end model of the Sierra to each team member as part of its salute to the team’s journey and contribution to the country.

Shailesh Chandra, MD and CEO, Tata Motors Passenger Vehicles, said, “The Indian Women’s Cricket Team has made the entire nation proud with their extraordinary performance and remarkable win. Their journey stands as a true testament to determination and the power of belief, qualities that inspire every Indian. At Tata Motors Passenger Vehicles, we are privileged to present these legends with another legend, The Tata Sierra. This is our salute to their spirit and the pride they have brought to the nation – Two legends, One spirit, Infinite inspiration.”

Maruti Suzuki India Crosses 30 Million Unit Sales Milestone

Maruti Suzuki India

Maruti Suzuki India, the country’s leading passenger vehicle manufacturer, has attained a new milestone by crossing the 30-million-unit sales milestone in the domestic market.

The new benchmark was attained by the company over a course of 42 years, with the first 10 million unit sales taking 28 years and 2 months to achieve.

The 20 million unit sales took 7 years and 5 months, while the recent milestone took just 6 years and 4 months.

Interestingly, the entry-level hatchback Alto was the most preferred model in the country, with over 4.7 million units sold, followed by Wagon R with 3.4 million units and the sporty Swift with 3.2 million units.

The Brezza and Fronx SUVs also played an instrumental role in contributing to the sales milestone, being featured among the top 10 models sold in the country.

It was on 14th December 1983, Maruti Suzuki India delivered its first model, the iconic Maruti 800, to its first customer.

Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India, said, “When I look at the length and breadth of India and think that 3 crore customers have placed their trust in Maruti Suzuki to realise their dream of mobility, it fills me with humility and gratitude. Yet, with car penetration at approximately 33 vehicles per 1,000 people, we know our journey is far from over. We will continue to make every possible effort to bring the joy of mobility to as many people as we can, while also be an asset to both the economy and the environment at the same time.”