Amit Panday
Stories by Amit Panday
India’s TVS in talks to buy British motorcycle brand Norton
The 122-year-old Norton Motorcycles ran out of cash in January and failed to pay taxes.
Indian promoters raise stakes in auto firms as equities crash
Hero MotoCorp, Bajaj Auto and Tata Motors have stepped up open market purchases of equity shares and other financial instruments in the past few weeks
India: Tata Motors to exit car retail business Concorde Motors
The move is part of its strategy to pare costs by moving out of non-core assets and businesses to navigate through the economic downturn in the countr
SoftBank mulls investment in India’s Mahindra Electric Mobility
Softbank may pick up a minority stake in Mahindra Electric.
Car services startup GoMechanic snags funding from Chiratae, Sequoia
GoMechanic plans to use the funds to scale up its operations and expand to about 30 cities in 2020.
Mahindra to steer Ford Motor’s India business
The Indian automaker will own 51% in the new entity while the remainder will be held by Ford.
India: Blackstone may exit auto parts JV Sona Comstar via IPO in two years
Sona Comstar has set a target of $1 billion turnover by 2024 through organic and inorganic growth.
TVS Motor invests $7m in US-based data analytics startup Scienaptic
The investment by TVS will enable Scienaptic to accelerate sales and product development.
Japan’s Mitsui invests $14m in electric mobility service firm SmartE
SmartE, which operates a fleet of over 1,000 electric rickshaws in Delhi-NCR, will use the funds to expand into new markets.
India’s newest unicorn Ola Electric eyes more funding to expand EV fleet
Ola Electric Mobility just raised $250 million from SoftBank Vision Fund at $1 billion valuation.
