Other News

Olectra Becomes India’s First Company to Deploy 4,000 Electric Buses on Indian Roads

Olectra Becomes India’s First Company to Deploy 4,000 Electric Buses on Indian Roads

Olectra Greentech Limited has become the first electric mobility company in India to deploy 4,000 electric buses on Indian roads, marking a significant milestone in the country’s transition towards sustainable public transport. The company commemorated the achievement by handing over its 4,000th electric bus to Himachal Pradesh Chief Minister Shri Sukhvinder Singh Sukhu and Deputy Chief Minister Shri Mukesh Agnihotri[Read More…]

by — August 5, 2026 — NEW LAUNCH, News

L&T Enters Electronics Manufacturing with Rs 5,000 crore Investment; Mobility to Lead Growth

The new Electronic Products & Systems business will focus on EV powertrains, ADAS, connected vehicles, robotics and strategic electronics, targeting a market opportunity of nearly $5 billion by 2031. Mumbai: Larsen & Toubro (L&T) has announced a major foray into electronics manufacturing by establishing a dedicated Electronic Products & Systems (EPS) business, backed by a planned investment of Rs 5,000[Read More…]

by — July 30, 2026 — News
SML Mahindra to Acquire Mahindra Truck & Bus Division, Unifying CV Business

SML Mahindra to Acquire Mahindra Truck & Bus Division, Unifying CV Business

The move will consolidate Mahindra Group’s truck and bus operations under a single entity, creating a wider commercial vehicle portfolio spanning light, intermediate and heavy trucks, along with buses. Mumbai: SML Mahindra Ltd. has approved the acquisition of Mahindra & Mahindra’s (M&M) Truck and Bus Division (MTBD) through a slump sale, marking a significant step in the Mahindra Group’s strategy[Read More…]

EKA Mobility E-buses Flagged Off in Zanzibar

EKA Mobility E-buses Flagged Off in Zanzibar

EKA Mobility marked a significant milestone in its global expansion with the official flag-off of its state-of-the-art 12-metre electric buses in Zanzibar. The ceremony was graced by Dr. Hussein Ali Mwinyi, the Hon’ble President of Zanzibar, who unveiled the buses and flagged off the first electric bus fleet for public operations in Zanzibar. The first fleet of EKA electric buses will commence commercial operations from 1st[Read More…]

by — July 27, 2026 — News