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
STARTUP/TECHNOLOGY
Smart Garage Rolls Out ₹5-Cr ESOP As It Gears Up For Next Growth Phase
Ratnashil Online Services Pvt Ltd, the parent company of automotive technology platform Smart Garage, has announced an Employee Stock Ownership Plan (ESOP) worth approximately ₹5 crore, reinforcing its commitment to building an ownership-driven culture as it prepares for its next phase of expansion. The ESOP programme is aimed at rewarding eligible employees for their contributions […]
CW Bureau
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Jul 13, 2026
AUTO
Pricol To Demerge Driver Information Business Into New Co Pricol Autotech
Pricol Ltd, a leading automotive technology and precision engineering products and solutions company, has approved the demerger of its Driver Information & Connected Vehicle Solutions (DICVS) business into Pricol Autotech Ltd, creating two independent listed business platforms. Following the demerger, Pricol will focus on its Actuation, Control & Fluid Management Systems (ACFMS) and Pricol Precision […]
CW Bureau
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Jun 27, 2026
STARTUP/TECHNOLOGY
Infineon, AWS Launch Cloud Platform To Boost Automotive MCU Evaluation
Infineon Technologies AG, a global semiconductor leader in power systems and Internet of Things (IoT) solutions, has partnered with Amazon Web Services (AWS) to accelerate microcontroller (MCU) evaluation and shorten development cycles for automotive systems. As part of the collaboration, Infineon has launched a cloud-based platform for virtual evaluation of its automotive MCUs, powered by […]
CW Bureau
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Jun 23, 2026
STARTUP/TECHNOLOGY
Moschip To Acquire 73% Controlling Stake In Vayavya Labs For ₹245 Cr
MosChip Technologies Ltd, a Hyderabad-based semiconductor and product engineering services firm, has decided to acquire a 73% controlling stake in Vayavya Labs Pvt Ltd for a total consideration of ₹245.49 crore, in a move aimed at strengthening its product engineering capabilities. About 60.50% of the consideration will be funded through internal accruals, with the balance to […]
CW Bureau
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Apr 16, 2026
AUTO
Valeo Inaugurates Electric Powertrain Manufacturing Line In Pune For M&M
Valeo, a global technology company focused on innovative automotive solutions, has inaugurated a state-of-the-art manufacturing line for electric powertrain systems at its Pune facility. Partnership with Mahindra’s Born Electric platform The company has been selected by Mahindra & Mahindra to supply electric powertrain systems for its upcoming Born Electric platform. The Pune facility will manufacture […]
CW Bureau
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Mar 30, 2026
AUTO
India Nippon Electricals Outlines Six-pronged Future Growth Strategies
India Nippon Electricals Ltd (INEL) has outlined six focus areas as part of its future growth strategy, centred on expanding its core business and building capabilities in emerging technologies. The company, a manufacturer of electronic ignition systems for electric vehicles, two-wheelers, three-wheelers and portable engines, operates three manufacturing facilities and a technology centre across Tamil […]
CW Bureau
·
Mar 18, 2026
