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Grapevine: Megha Engineering to sell city gas unit; Hyundai Motor picks IPO bankers

General

27 May, 2024

Grapevine: Megha Engineering to sell city gas unit; Hyundai Motor picks IPO bankers

Hyderabad-based Megha Engineering and Infrastructures Ltd (MEIL) is selling its city gas distribution arm, Megha City Gas Distribution Pvt Ltd ......

Beenext, Hyundai-backed car rental startup Revv enters CarDekho garage

TMT

01 December, 2023

Beenext, Hyundai-backed car rental startup Revv enters CarDekho garage

Gurugram-based shared mobility platform Revv, run by PrimeMover Technologies Pvt. Ltd, is merging with the Jaipur-based CarDekho Group as part ......

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Top MNCs in India: Who earns the most profit, who pays the most tax?

Finance

06 July, 2020

Top MNCs in India: Who earns the most profit, who pays the most tax?

An economic slowdown and the coronavirus pandemic that sapped demand for high-priced products while shifting consumer focus towards essential items ......

Govt plans incentives for auto companies to boost exports

Manufacturing

29 June, 2020

Govt plans incentives for auto companies to boost exports

India is drawing up an incentive scheme for the autos sector aimed at doubling exports of vehicles and components in ......

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Russian, Korean firms top MNCs by revenue in India but Chinese growing the fastest

Finance

29 June, 2020

Russian, Korean firms top MNCs by revenue in India but Chinese growing the fastest

A Russian and a South Korean company are at the top of the list of 20 biggest multinational corporations in ......

Coronavirus: Automakers shut factories, M&M to make ventilators for patients

Manufacturing

23 March, 2020

Coronavirus: Automakers shut factories, M&M to make ventilators for patients

India's biggest automaker Maruti Suzuki India and peers including Mahindra & Mahindra, Mercedes-Benz, Fiat Chrysler Automobiles (FCA) as well as ......

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Self-driving car rental startup Revv gets the backing of another global automaker

TMT

10 February, 2020

Self-driving car rental startup Revv gets the backing of another global automaker

Indian self-driving car rental startup Revv has raised capital in a fresh round of funding from existing and new investors ......

Chinese automaker Great Wall agrees to buy General Motors' India plant

Manufacturing

17 January, 2020

Chinese automaker Great Wall agrees to buy General Motors' India plant

Chinese automaker Great Wall Motor has agreed to buy General Motors’ (GM) car plant in Maharashtra, two sources aware of ......

China's Great Wall gears up for India climb as rivals hit the brakes

Manufacturing

20 December, 2019

China's Great Wall gears up for India climb as rivals hit the brakes

Chinese automakers Great Wall Motor and Changan Automobile are accelerating plans to build cars in India after the initial success ......

Ford forms joint venture with Mahindra in India strategy shift

Manufacturing

01 October, 2019

Ford forms joint venture with Mahindra in India strategy shift

Ford Motor Company has agreed to form a joint venture with Mahindra & Mahindra Ltd, as the American automaker ends ......