New Delhi, March 30 India's transition to electric mobility must be inclusive and economically sustainable, with a focus on affordability and scalability across both urban and rural markets, Union Minister HD Kumaraswamy said on Monday.Speaking at the launch of the industry-led platform, the...
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New Delhi, March 28 The government has revised the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme to set new deadlines and unit caps for e-scooters and e-rickshaws.The Centre has revised the guidelines under the Rs 10,900 crore PM E-DRIVE scheme, whereby...
Bengaluru, March 3 Ride-hailing platform Uber announced on Tuesday that it has been granted renewal of its transport aggregator license by the KSTA, under the Karnataka On-Demand Transportation Aggregator Rules, 2016.The license has been renewed for a period of five years, from December 31...
New Delhi, March 2 Sedemac Mechatronics, a manufacturer of powertrain controls and auto parts, has raised ₹326 crore from anchor investors ahead of the launch of its initial public offering for public subscription, according to an exchange update.The funds were allocated to 23 funds, including...
New Delhi, February 26 Sedemac Mechatronics, a manufacturer of powertrain controls and auto parts, will launch its initial public offering (IPO) for a subscription of Rs 1,087 crore on March 4.The price band has been set at Rs 1,287-1,352 per share, valuing the company at close to Rs 6,000...
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