AUTO Uno Minda Plans ₹2,500-Cr Fund Raise, Fresh Investments In Arms

Uno Minda Ltd, a global technology leader in automotive components and systems manufacturing, has received board approval to raise up to ₹2,500 crore and increase investments in subsidiaries to support long-term growth and rising customer demand. The company said the proposed fund raising would be undertaken, as and when required, in one or more tranches […]

CW Bureau · May 17, 2026

AUTO Uno Minda PAT Rises 22% To ₹326 Cr In Q4, Registers ₹5,336 Cr Revenue

Uno Minda Ltd, a global technology leader in automotive components and systems manufacturing,  reported a consolidated revenue of ₹5,336 crore for the March quarter of FY26, registering an 18% increase compared with ₹4,528 crore in the corresponding quarter last fiscal, driven by volume expansion and higher adoption of value-added automotive features. The company’s EBITDA for […]

CW Bureau · May 16, 2026

AUTO Uno Minda Set To Build ₹550 Cr New EV Powertrain Plant In Maharashtra

Uno Minda Ltd, a global technology leader in automotive components and systems manufacturing, has announced that its board of directors has approved the establishment of a state-of-the-art greenfield manufacturing facility in Chhatrapati Sambhajinagar (formerly Aurangabad), Maharashtra. The facility, to be established through its subsidiary Uno Minda Auto Innovations Pvt Ltd (UMAIPL), will focus on high-voltage […]

CW Bureau · May 16, 2026

AUTO Wheels India Q4 Net Profit Rises 44% On Strong Domestic Demand, Exports

Wheels India Ltd, one of the largest steel wheel manufacturers in the world, reported a 44% rise in standalone net profit for the March quarter at ₹52 crore compared with the year-ago period, supported by strong domestic demand and export growth. Total income during the quarter increased 23% to ₹1,471 crore. The board recommended a […]

CW Bureau · May 15, 2026

AUTO Ola Electric Board Clears ₹2,000 Cr Infusion Into EV, Cell Making Arms

Ola Electric Mobility has approved an investment of ₹2,000 crore into its wholly owned subsidiaries Ola Electric Technologies Pvt Ltd and Ola Cell Technologies Pvt Ltd to support their operational and business expansion requirements. The decision was approved by the company’s board of directors as Ola Electric continues to strengthen its electric vehicle and battery […]

CW Bureau · May 15, 2026

AUTO VECV Arm, Cityflo To Deploy 2,000 Premium Intra-City Buses In 3 Years

Eicher Trucks and Buses,  a business unit of VE Commercial Vehicles (VECV) – a joint venture between Volvo Group and Eicher Motors, has strengthened its partnership with Cityflo to scale premium intra-city mobility solutions across India, with plans to deploy 2,000 buses over the next three years. The collaboration marks a major expansion of the […]

CW Bureau · May 15, 2026

AUTO Honda To Redraw India Strategy, Bets On Market-Specific Cars And Hybrids

Honda Motor Co is redrafting its India strategy with a sharper focus on locally-developed products, hybrid technology, digital integration and financial services, as the Japanese automobile major seeks to regain relevance in one of the world’s fastest-growing car markets. As part of its plan to rebuild its automobile business structure over the next three years, Honda […]

Sajan C Kumar · May 15, 2026

AUTO Green Bet: India’s Electric Bus Market Enters Crucial Transformation Phase

India’s bus industry is entering a significant phase of structural transformation, driven by accelerating electric vehicle (EV) adoption, infrastructure development, sustainability commitments and government-led clean mobility initiatives, according to KPMG. In its latest report titled Electrifying India’s Bus Industry – The Decade of Transformation, the firm noted that the country’s electric bus ecosystem is rapidly […]

CW Bureau · May 15, 2026

AUTO Tech Boost: Ravindran Shanmugam Appointed To Board Of TVS Motor

TVS Motor Company, part of the TVS Venu Group, has announced the appointment of Ravindran Shanmugam as an independent director on the company’s board for a period of five years with effect from May 13, 2026, subject to shareholder approval. The company said the induction is aimed at further strengthening the company’s corporate governance and […]

CW Bureau · May 14, 2026

AUTO Honda Sets Up Digital Innovation Arm In India To Boost Mobility Ecosystem

Japan’s Honda Motor Co has announced the establishment of a new India-based subsidiary, Honda Digital Innovation India Pvt Ltd (HDII), as the company looks to strengthen customer engagement and build a digital mobility ecosystem in one of its key growth markets. The newly- formed entity will focus on expanding digital customer touchpoints and creating new […]

CW Bureau · May 14, 2026

AUTO PVs Hit High Of 4.37 Lakh Units In Apr As Auto Industry Cruises In Top Gear

Society of Indian Automobile Manufacturers (SIAM) said the Indian automobile industry began FY27 on a strong footing, with passenger vehicles, three-wheelers and two-wheelers posting high double-digit growth in April 2026. The industry body said the robust performance continued the momentum witnessed during the second half of FY26, driven by healthy consumer demand across segments despite […]

CW Bureau · May 14, 2026

AUTO BKT Targets Higher Consumer Recall Amid Its Entry Into On-Highway Tyres

Balkrishna Industries Ltd, the global off-highway tyre leader, is looking to strengthen consumer recall and emotional engagement during India’s Men’s T20 cricket season through a new culture-led campaign under its tyre brand BKT Tyres. The company has launched a social media-driven initiative titled “Sound of BKT” under its brand philosophy “Elevate Your Drive”, as it […]

CW Bureau · May 14, 2026