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Business News: Read latest Business News headlines, LIVE share market news and updates, financial, economic and banking news from India & across the World on Mint.
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News
The great reset: Honda???s race against time to win back Indian car buyers
4+ day, 1+ hour ago (266+ words) Late May in New Delhi, a 20th floor room at hotel Le Méridien was thick with polite scepticism. It sounded ambitious. But when asked to put a number on this grand comeback—to name the actual sales target for the next…...
Facing fast charging concerns for e-trucks, govt plans sops for battery swappable e-trucks in next EV financing scheme
6+ day, 11+ hour ago (571+ words) The ministry of heavy industries is considering financial incentives for battery-swappable electric trucks under a proposed ₹9,852 crore programme, according to people familiar with the matter, as the government seeks to address a shortage of charging infrastructure that is slowing the…...
What is IIT-Delhi???s???5,000 device that can cut old diesel pollution by 90%, bring emissions to BS-VI levels?
1+ week, 18+ hour ago (510+ words) A low-cost device developed from an IIT-Delhi innovation could soon offer India’s ageing diesel trucks and buses a new lease of life — while cutting some of their most harmful emissions by as much as 90%. Union Road Transport and Highways Minister…...
SpaceX briefly reclaims $2 trillion market cap: Inside the massive stock rally fuelling Elon Musk’s company | Stock Market News
1+ week, 1+ day ago (438+ words) Shares of Elon Musk’s SpaceX have been on a strong rally lately, as renewed investor optimism helps the stock recover from its post-listing losses. The optimism is being driven by the company’s expanding AI infrastructure ambitions, Starlink business, unmatched launch…...
‘To save tens of millions of dollars’: Volkswagen to cut 12% workforce in India | Company Business News
1+ week, 2+ day ago (417+ words) Volkswagen Group's India business plans to cut around 12% of its workforce as the company looks to reduce costs before entering its next investment cycle in the country. The German automaker is the latest, after Ford, Nissan and Stellantis, among others,…...
Tesla expands Ahmedabad presence with approved body shop, Model Y test drives
1+ week, 5+ day ago (306+ words) Tesla has expanded its after-sales reach in India by launching its first Tesla-Approved Body Shop (TAB) in Ahmedabad. The plant will offer collision repair services, authentic Tesla parts, and trained technicians to serve customers in Gujarat. Tesla says repairs will…...
Centre may offer interest subvention for e-bus, e-truck charging infrastructure
1+ week, 6+ day ago (413+ words) The ministry of heavy industries ministry may offer interest subvention for charging infrastructure alongside its proposed financing scheme for electric buses and trucks, as operators face a second major upfront cost beyond buying the vehicles, according to two people aware…...
Govt seeks sales estimates from e-truck, e-bus makers for new financing scheme
2+ week, 4+ day ago (419+ words) New Delhi: The ministry of heavy industries has asked e-truck and e-bus manufacturers to provide their sales estimates for upcoming years to assess demand and set targets under a new scheme to ease financing of electric commercial vehicles, according to…...
Mint Explainer | Why India's???18,100 crore advanced chemistry battery-making incentive plan is delayed by two years
3+ week, 4+ day ago (524+ words) India announced an ₹18,100 crore production-linked incentive scheme in 2021 for indigenously developed advanced chemistry cells (PLI ACC). ACCs are next-generation, high-efficiency energy storage technologies that can be used to power electric vehicles, back up renewable solar and wind grids and operate…...
Mahindra looks to plug gaps in its commercial vehicle push | Company Business News
4+ week, 1+ day ago (445+ words) Mumbai: Mahindra & Mahindra aims to gain market share from market leaders Tata Motors and Ashok Leyland by leveraging the combined SML Mahindra entity to plug gaps in its commercial vehicle portfolio and launch new products in segments where it is…...