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Cars24 Labs Partners Startup Policy Forum For AI Innovation
July 23, 2026
The partnership involves Cars24 Labs contributing to Startup Policy Forum initiatives through policy discussions, founder engagements, industry dialogues and global immersion programmes, sharing practical learnings from deploying AI across Cars24 operatio
MT Bureau
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N.A.N. MagneTech To Establish INR 12.5 Billion Rare Earth Magnet Facility In Andhra Pradesh
July 23, 2026
It expects commercial production to begin in Q1 2028, generating annual revenues of INR 12 to INR 15 billion. The facility will integrate oxide processing, metal and alloy production, sintered magnet manufacturing and closed-loop recycling.
MT Bureau
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KPIT Brings AirConsole’s In-Vehicle Gaming With Tata Sierra.ev Debut
July 22, 2026
The in-vehicle gaming technology will be exclusively available on the Sierra.ev for a period of four months, before it can be made available on other models and brands.
MT Bureau
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IIIT-Hyderabad Develops AI Traffic Enforcement System
July 21, 2026
With four dashcams deployed, the system reports an accuracy rate for submissions. The INAI team is expanding the algorithm to include speed detection and road condition monitoring.
MT Bureau
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Cars24 Increases AI Integration Across Operations
July 19, 2026
The company stated that AI expenditure now represents 8.88 percent of the company's salary run-rate, with 95 percent of its employees use AI weekly and 89 percent of production code is AI-assisted, contributing to a reported 3x increase in engineer produc
MT Bureau
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Tata Elxsi Clocks INR 1.7 Billion Net Profit In Q1 FY2027
July 15, 2026
The company’s revenue from the transportation segment grew 13.3 percent YoY, supported by engagements in off-road and aerospace segments. Automotive OEM revenue now accounts for 78 percent of the division's total revenue. The media & communications segm
MT Bureau
