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Mangalam industrial finance ltd. Advances green mobility with new fleet financing initiative.

Mangalam industrial finance ltd. Advances green mobility with new fleet financing initiative.

  Mangalam Industrial Finance Ltd. (MIFL), a leading Non-Banking Financial Company (NBFC), has introduced a strategic Fleet Financing initiative to accelerate the adoption of green mobility solutions. This initiative aligns with the Government of India’s vision to promote sustainable, eco-friendly transportation and reduce carbon emissions. As part of its commitment to advancing electric mobility, MIFL will provide financing for electric[Read More…]

by February 17, 2025 News
PMI Electro Mobility Secures Investment from Authum and Gruhas-led Consortium

PMI Electro Mobility Secures Investment from Authum and Gruhas-led Consortium

PMI Electro Mobility Solutions Pvt. Ltd, India’s leading manufacturer of electric buses, said that it has secured a strategic investment of ₹250 crore led by a consortium comprising of Authum Investment & Infrastructure Limited (Authum), Antique Securities and associated HNI family offices and Nikhil Kamath backed Gruhas. The investment was raised through a preferential allotment of equity shares, underscoring investor[Read More…]

by February 14, 2025 News
VECV Inaugurates Manufacturing Facility and Starts Deliveries of Eicher Pro X range

VECV Inaugurates Manufacturing Facility and Starts Deliveries of Eicher Pro X range

VE Commercial Vehicles Ltd. (VECV), a joint venture between Volvo Group and Eicher Motors, inaugurated a dedicated manufacturing facility and delivered the first batch of Eicher Pro X trucks to leading Indian logistics providers who gathered at Bhopal. This follows the successful launch of the Eicher Pro X small truck at Bharat Mobility Global Expo 2025. The all-new facility, located[Read More…]

by February 13, 2025 News
Ashok Leyland Reports Record Q3 Performance, Achieves All-Time High Revenue and Profitability

Ashok Leyland Reports Record Q3 Performance, Achieves All-Time High Revenue and Profitability

Turns Cash Positive with Strong Market Position and Innovation-Led Growth Ashok Leyland, the flagship company of the Hinduja Group, has delivered its best-ever third-quarter performance, achieving record-breaking revenue and profitability. With a net profit surge of 31% to ₹762 crore, the company has turned cash positive while maintaining a stronghold in the MHCV and bus segments. “Our performance in Q3[Read More…]

by February 12, 2025 Conference, News