Malyaban Ghosh
Stories by Malyaban Ghosh
India: Hero MotoCorp’s Pawan Munjal in talks to invest in Ola Electric
Munjal has been discussing the potential investment over the last few months with Arun Sarin as well as the senior management of Ola Electric.
Ride-hailing giant Uber partners Sun Mobilty to deploy e-autos in India
The Centre wants to promote electric two-wheelers and has provided subsidies for such vehicles under the FAME scheme.
India’s M&M arm in talks with global manufacturers to sell EV parts
Mahindra is gearing up to supply electric powertrains to SsangYong Motor by early 2020.
India: Bharti Airtel to raise $4.5b to pare debt, expand its network
The board has also authorised the committee to prepare for the rights issue and bond sale immediately.
India: Hero Electric raises $22m from Alpha Capital in maiden funding round
Hero Electric will use the funds for its second factory, develop new products and expand dealer network.
Tata Motors mulls alliance with Ola, Uber with new shared mobility platform
Tata Motors is the first auto maker in India to create a separate division exclusively for shared mobility.
Hyundai Motor invests in Indian self-drive car-sharing firm Revv
As part of a strategic partnership, both companies will work together to develop car-sharing products and new mobility service platforms.
India’s Motherson Sumi buys France-based Reydel Automotive for $201m
France-based Reydel, a privately held company controlled by buyout firm Cerberus Capital Management LP, manufactures interior parts of vehicles for cu
India’s Hero MotoCorp raises stake in Colombia JV to 68%
The stake held by partner Woven Holdings LLC has declined to 32%.
