Archive for August, 2024

1,400 Women-Driven Pink E-Autos to Hit the Mumbai Suburbs Soon

1,400 Women-Driven Pink E-Autos to Hit the Mumbai Suburbs Soon

The city is set to introduce 1,400 pink electric autos exclusively driven by women, aiming to empower them and provide a secure means of livelihood. Priority will be given to widows, divorcées, inmates of state homes, orphans, and economically disadvantaged women. A special website for online applications will be launched soon. Women aged 18-35 with a driving licence can own[Read More…]

by August 4, 2024 Uncategorized
Tata Motors Approves Demerger to Form Two Listed Entities

Tata Motors Approves Demerger to Form Two Listed Entities

In a significant move, Tata Motors Ltd. has announced the demerger of its Commercial Vehicle business into a separate listed company. The Board of Directors has approved a Composite Scheme of Arrangement involving TML, TML Commercial Vehicles Limited (TMLCV), and Tata Motors Passenger Vehicles Limited (TMPV). Under the scheme, Tata Motors Ltd. will transfer all assets, liabilities, and employees related[Read More…]

by August 2, 2024 News
Mahindra Group Celebrates Record Sales and Ambitious Growth Plans at 78th AGM

Mahindra Group Celebrates Record Sales and Ambitious Growth Plans at 78th AGM

At the 78th AGM, Mahindra Group Chairman Anand Mahindra celebrated significant milestones and outlined ambitious future plans. He expressed gratitude to retiring directors and welcomed new members, emphasising their expertise and future contributions. Mahindra highlighted a record-breaking year for vehicle and tractor sales. With nearly 825,000 vehicles and 380,000 tractors sold, the company saw an 18% growth in vehicle sales[Read More…]

by August 1, 2024 News