TVS Credit Services Limited and the Indian Institute of Management Trichy (IIMT) signed a Memorandum of Understanding (MoU) to boost innovation, R&D, and collaboration for designing new solutions for promoting financial inclusion in the country.

TVS Credit's partnership with IIMT will create an avenue to leverage the collective talent and expertise from both institutions for product development, knowledge creation and research in the areas of management and public policy, the company said in a statement.

Venkatraman G, Chief Executive Officer, TVS Credit, said, "The signing of the MoU with IIM Trichy will create the foundation for future collaboration between the two institutions. TVS Credit has been successfully empowering people across sectors and helping them fulfil their aspirations. It has been a constant endeavour of TVS Credit to steer industry growth and national development by encouraging product innovation and nurturing young talent. The outcomes from such initiatives will help us drive organisational growth and serve our customers and the nation better for years to come. The collaboration will help boost innovation, R&D, and help in designing new solutions to promote financial inclusion in the country."

Academic and industry stalwarts and professionals will jointly design, develop and deliver cutting-edge technological solutions in management and financial inclusion. The collaboration will also be a platform to train and mentor young professionals.

Dr. Pawan Kumar Singh, Director, IIM Trichy, said, "We welcome this significant initiative that formalises and strengthens our relationship with the leading market player, TVS Credit, a company which is well-known for its services and values. We look forward to make the collaboration fruitful on multiple platforms and focus on mutual knowledge exchange initiatives. Such partnerships will help construct concrete and innovative solutions, thereby creating a long-lasting impact."

Dr. Prashant Gupta, Chairperson of Executive Education and Consulting, IIM Trichy, said, "We are pleased to be associated with TVS Credit. This partnership could lead to a mutually benefitting journey in the coming time with a special focus on programmes such as Management Development Programme (MDP) and Leadership Development Program (LDP). Furthermore, it will mentor the students at IIM Trichy and offer them immense industry exposure."

Under this collaboration, both organisations will create a seamless ecosystem between industries, academia and government agencies by leveraging analytics and technology. It aims to provide these solutions in consulting, research projects, placements, management development programmes, and case studies.

The first beneficiaries of this initiative will be the TVS Credit employees and the students of IIMT. The pact holds a strong potential to revolutionise the industry at large. In addition, it is expected to help the NBFC sector improve resource efficiency and productivity, the release added. (MT)

Bengaluru-based electric vehicle company Ultraviolette Automotive collaborated with the Madras Regiment Centre (MRC) of the Indian Army for a five-day rally across Tamil Nadu, by providing a fleet of F77 motorcycles.

The ride honoured the army Veterans and Veer Naris of Madras Regiment and the Armed Forces community in the region.

Under the aegis of the Dakshin Bharat Area, the rally covered six districts of Tamil Nadu - Tirupur, Karur, Dindigul, Madurai, Theni and Coimbatore. The team of army personnel engaged with approximately 3,000 veterans and veer naris during the journey: addressing various concerns, sharing crucial information on entitlements, and providing immediate assistance. The F77s covered a cumulative distance of over 6000 kilometres.

Narayan Subramaniam, CEO & Co-Founder, Ultraviolette, said, " Collaborating again with the Indian Army for this remarkable outreach initiative is an honour that resonates deeply with Ultraviolette's ethos. Our vision to create world-class technology is inspired by the spirit of the India - undaunted, resilient, and driven by purpose. The F77 embodies the very principles that define our Armed Forces - precision, performance, and an unwavering commitment to excellence. To witness Ultraviolette playing a key role in this rally, honouring veterans, and their families, is not just a privilege but a defining moment in our journey".

Suzuki Motorcycle India (SMIPL), a leading manufacturer of two-wheelers in the country, has reported wholesales of 112,948 units for April 2025, which is 14 percent higher than 99,377 units it sold last year.

The company reported an 8 percent growth in its domestic sales at 95,214 units, as compared to 88,067 units last year, while exports grew by 57 percent at 17,734 units, as against 11,310 units for the same period last year.

Deepak Mutreja, Vice-President – Sales & Marketing, Suzuki Motorcycle India, said, “This positive start to the year fills us with gratitude. Each unit sold represents the beginning of a new journey with our customers and we are thankful to be a part of it. We will continue to work sincerely to meet the evolving expectations of our customers and contribute positively to their journey with us.”

Last month, the company further upgraded its product lineup, including the Hayabusa to be OBD-2B compliant.

Chennai-based two-wheeler and three-wheeler maker TVS Motor Company has announced its wholesales for April 2025. The company reported witnessing a 16 percent growth, selling 443,896 units, as against 383,615 units last year. 

The domestic two-wheeler sales include 220,527 motorcycles and 169,741, while exports accounted for 106,683 units.  

EV sales grew by 59 percent, rising from 17,403 units in April 2024 to 27,684 units last month.

Three-wheeler sales grew by 50 percent YoY from 9,023 units to 13,566 units.

Blending the pulse of street culture, community and high-octane energy, Royal Enfield hosted the first-ever edition of HunterHood in Mumbai and New Delhi during the last weekend of April 2025. 
Inspired by the spirit of Hunter motorcycle of the company, the HunterHood event – the latest cultural initiative built around the ethos of “From the streets, For the streets” – brought together riders, artists and urban explorers across the two Indian mega cities. 
The company also unveiled ‘The 2025 Hunter 350’ with three new colourways and upgraded features inspired by and designed for ‘The Coolest Neighbourhoods of the world’.
Featuring unique programming in the form of skateboarding sessions, spontaneous cyphers, vibrant graffiti art, live music jams, dynamic dance circles and exhilarating BMX stunts, the event witnessed high-octane performances by some of India’s top musicians like Dino James, Wild Wild Women, Shah Rule, Suggahunny, The Spindoctor, OG Shez, Ikka, DK Mocity, Dhanji, Lush Lata and Samriddhi Bhargav. 
The event saw over 12 homegrown, premium and emerging street-led brands spanning skateboarding, apparel, sneakers and the culinary space participate. It was attended by 5,000 people across the two mega cities.