Popular Vehicles & Services, an esteemed car dealership chain operating across Kerala, Tamil Nadu, Karnataka, and Maharashtra, is gearing up for an IPO to raise funds. The IPO aims to secure capital for loan repayment, with a fresh issue of shares amounting to 250 crore. Notably, private equity investor Ba-Nyan Tree will divest its shares in the offering. Following the[Read More…]
Maruti Suzuki India Ltd. has brought in the new Eeco. Ashish Bhatia looks at the improvements and additions on the class-leading MPV. The Maruti Suzuki Eeco continues to be popular with businesses both as a people and cargo mover. From touring to haulage to special application vehicles it dons many hats. To date, the Original Equipment Manufacturer (OEM) has sold[Read More…]
Sustainable mobility startup Dandera Ventures announced the appointment of KS Johar as its Director – Manufacturing. The automotive industry veteran will spearhead the setup and mass production practices of world-class production and manufacturing facilities for Dandera. Sarth Jain, Founder of Dandera Ventures said, “Mr. Johar brings to Dandera a wealth of experience and expertise in setting up and scaling large[Read More…]
With a common goal of net-zero emissions as the industry, Maruti Suzuki India Ltd. doesn’t want to rush with commercialisation. Sumesh Soman finds out how the PV MAJOR is laying a solid foundation to ride the commercial EV wave. The industry as a whole is working on a common goal of attaining net-zero emissions. Not just cutting down on tailpipe[Read More…]
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