Aditi Shah
Stories by Aditi Shah
Hyundai ropes in JPMorgan, Citi to accelerate $3b India IPO
The company plans to file regulatory papers in India by May/June for an approval.
India’s Ola Electric may bid for lithium blocks to support battery-making plans
Dalmia Cement, UltraTech Cement, and NLC India have also shown interest in the lithium blocks.
Volkswagen looking at entry-level EV for India
The carmaker is looking at exporting the new EV to SE Asia, GCC countries, and North Africa.
Taiwan’s Gogoro starts making e-scooter bikes in India, rolls out battery swap network
Gogoro has committed to investing $1.5b in Maharashtra state.
India’s Ola Electric slashes sales targets, defers profitability timeline ahead of planned IPO
In May, India's government cut cash incentives available for e-scooter buyers without giving an explanation.
India’s Reliance unveils swappable, multipurpose battery technology for EVs
Reliance acquired two battery companies for about $200m in 2021 and 2022.
India’s Go First says airline’s revival could be derailed by lessors’ demands
Foreign lessors have been locked in a legal tussle to repossess their aircraft.
Ambani’s Viacom18 to ink lease deal with Blackstone-owned building for new headquarters
Ambani has been fast expanding his media and entertainment empire.
Indian e-scooter maker Ather to roll out new models, test exports after subsidy cuts
Ather is aiming for more than 50% of its sales to come from global markets by the end of the decade.
EV maker VinFast begins hiring drive in India, seeks ‘daring’ applicants
The company is seeking to fill sales, legal, and back office jobs in India.
