BlackBuck has raised Rs.25 crores in debt from Trifecta Capital to ramp up its business as few regions in India resume operations, claim sources. They mentioned that the company recently laid-off some 200 people after hitting a rough patch. Known to offer (and issue 250) Series-B debentures and (161) Tranche-B preference shares to Trifecta Capital at a price of Rs.10[Read More…]
The new set of rules announced by the Government as part of the fourth phase of lockdown are said to be designed to aid smoother inter-state travel among other things. The transport minister Nitin Gadkari too indicated in interaction with BOCI recently that public (bus) transport could start with adherence to the guidelines set by relevant authorities. The ground reality,[Read More…]
A leading manufacturer of CV radials, JK Tyre has announced its entry into the production and manufacture of hand sanitisers called ‘Total Control Hand Sanitisers’. The sanitiser has been developed and produced strictly in accordance with the guidelines issued by the World Health Organisation (WHO). It has been developed at the company’s global tech centre, Raghupati Singhania Centre of Excellence[Read More…]
In what is termed as a significant development that will result in railways increasingly complementing surface transport (read trucks), Bombardier has been awarded a contract by National Capital Region Transport Corporation (NCRTC) to build and deliver regional commuter and intracity transit trains for ferrying 210 commuter and intercity cars as part of the Delhi–Meerut Regional Rapid Transit System (RRTS). This[Read More…]
Pace Setter ZF Drives Forward Change with Innovative and Flexibile Implementation 
SIAM Deliberates on Policy Reforms for Automotive Taxation 
SIAM Highlights India’s Biofuel Push at 2025 Conference 
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Decarbonisation and Digitalisation 
