AUTO TVS Automobile Solutions Raises ₹425 Cr From UAE’s CE-Invests

TVS Automobile Solutions (TVS ASL), owner of the myTVS automotive aftermarket brand and part of the $3 billion TVS Mobility Group, has raised ₹425 crore in a Series D funding round led by CE-Invests, the strategic investment arm of UAE-based Crescent Enterprises. The investment will support myTVS’ continued expansion in India and help the automotive […]

CW Bureau · Oct 5, 2026

INFRASTRUCTURE Danfoss Power Solutions Names Anup Deshmukh India Business MD

Danfoss Power Solutions has appointed Anup Deshmukh as Managing Director of its India business, effective immediately, as the global supplier of mobile and industrial hydraulics and electric powertrain systems looks to strengthen growth in one of its key markets. Deshmukh, who is based in Pune, will report to Henrik V. Jørgensen, President, Controls division, in […]

CW Bureau · Sep 29, 2026

STARTUP/TECHNOLOGY BITS Pilani, Rane Group Partner On Auto R&D, Smart Manufacturing

Birla Institute of Technology and Science, Pilani (BITS Pilani) has signed a memorandum of understanding (MoU) with Chennai-headquartered Rane Group to establish a strategic collaboration focused on automotive research, technology development and industry-ready talent. The partnership will combine BITS Pilani’s academic expertise and infrastructure with Rane Group’s manufacturing capabilities to address emerging challenges in the […]

CW Bureau · Sep 29, 2026

STARTUP/TECHNOLOGY Coforge Expands AI Capabilities To Enable Smart Vehicle Inspections

Coforge Ltd, a global AI-native engineering services company, has expanded its capabilities for automotive lenders, fleet operators and remarketing organisations to transform vehicle inspections into AI-powered lifecycle intelligence. The solution is designed to help organisations make faster decisions on vehicle repair, certification, routing and resale by creating a single digital record of a vehicle’s condition. […]

CW Bureau · Sep 20, 2026

GENERAL Hero Motors Fixes IPO Price Band At ₹79-84, Issue Opens On Sep 16

Hero Motors Ltd has fixed the price band for its maiden initial public offering (IPO) at ₹79-84 per equity share of face value ₹10. The issue will open for subscription on September 16 and close on September 18. Investors can bid for a minimum of 178 equity shares and in multiples of 178 shares thereafter. […]

CW Bureau · Sep 10, 2026

STARTUP/TECHNOLOGY T-Hub, Honda Digital Innovation India Launch ₹4.8-Cr Startup Challenge

Hyderabad-based T-Hub and Honda Digital Innovation India (HDII) have launched Honda Innovation Challenge 2.0, a year-long programme aimed at co-building digital mobility and customer experience solutions with startups across India. The programme will feature three challenges with total funding of up to ₹4.8 crore. Each challenge will select four startups, with each selected startup eligible […]

CW Bureau · Aug 27, 2026

AUTO Tata Communications, Tata Motors Partner For 5G Network In Sierra.ev

Tata Communications and Tata Motors Passenger Vehicles (TMPV) have announced a collaboration to power the newly launched Sierra.ev with built-in 5G cellular connectivity, supporting the development of software-defined vehicles (SDVs). Under the collaboration, Tata Communications MOVE’s connected vehicle platform will be integrated with Tata Motors Passenger Vehicles’ new SDV platform, N.IO. The integration is aimed […]

CW Bureau · Aug 25, 2026

AUTO Bluelinked: Hyundai Motor India Eyes 1 Million Connected Cars By 2027

Hyundai Motor India Ltd (HMIL) is targeting cumulative sales of 1 million connected cars by 2027, as connected mobility gains traction among Indian car buyers. The automaker currently has more than 0.8 million Hyundai connected cars on Indian roads, powered by its AI-enabled connected car platform, Hyundai Bluelink. The company said the milestone reflects growing […]

CW Bureau · Aug 10, 2026

AUTO AI, Data Resilience Emerge As Growth Drivers For Global Auto Industry

Artificial intelligence (AI), data resilience and digital transformation are becoming the defining competitive differentiators for the global automotive industry as companies race to adapt to software-defined mobility and rapidly evolving technologies, according to the KPMG Global Tech Report 2026: Automotive. The report, based on responses from 258 technology leaders across 22 countries and territories, suggests […]

CW Bureau · Jul 29, 2026

AUTO Minda Corporation Bets On Exports, Premiumisation To Boost Expansion

Auto components major Minda Corporation Ltd, a flagship company of  Spark Minda Group, has outlined an ambitious Vision 2030 strategy centred on exports, product premiumisation, technology leadership and new growth segments as it seeks to strengthen its position as a global mobility systems supplier. In his message to shareholders in the company’s Annual Report 2026, […]

CW Bureau · Jul 29, 2026

AUTO TVS Srichakra Entity To Acquire 51% Stake In EV Tech Co Weber Drivetrain

TVS Srichakra Ltd has announced that its step-down wholly owned subsidiary, TVS Sensing Solutions Pvt Ltd, will acquire a 51% stake in Pune-based Weber Drivetrain Pvt Ltd, strengthening the group’s presence in electric vehicle (EV) technology. The acquisition will be carried out through a Share Purchase Agreement (SPA) signed with G-Power Energy & Technology Pvt […]

CW Bureau · Jul 19, 2026

STARTUP/TECHNOLOGY Cars24 Processes Over 1.1 Trillion AI Tokens In Q1, Boosts Transformation

Used vehicle marketplace Cars24 has significantly accelerated its artificial intelligence (AI) transformation, processing more than 1.1 trillion AI tokens during the April-June 2026 quarter (Q1 FY27) as the company expands AI across engineering, customer engagement and core automotive operations. The company said AI consumption has nearly tripled over the last two quarters, with AI-related spending […]

CW Bureau · Jul 19, 2026