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Neolite ZKW Lightings Files For INR 6 Billion IPO
December 30, 2025
The company intends to allocate the net proceeds from the fresh issue to expansion and financial goals. This includes a new greenfield facility at an estimated investment of INR 1.5 billion in Kancheepuram, Tamil Nadu. An estimated INR 790 million towards
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NHAI And Vertis Infrastructure Deploy Truck Mounted Attenuators For Highway Safety
December 27, 2025
The current rollout consists of 20 TMAs. Eight units were inaugurated during the launch event, which included a live demonstration and technical walkthrough. The remaining 12 units are scheduled for delivery within the next ten days.
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Maruti Suzuki India Concludes First Design Challenge For Students
December 26, 2025
The competition consisted of four evaluation rounds. The initiative is intended to provide students with exposure to the automotive industry and professional design environments.
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Ola Electric Receives INR 3.66 Billion In PLI-Auto Incentive For FY2025
December 25, 2025
The incentive relates to the Determined Sales Value for the period and will be disbursed through IFCI, the financial institution appointed by the government for the scheme.
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bp To Sell 65% Stake In Castrol To Stonepeak For $10.1 Billion
December 25, 2025
The transaction includes USD 0.8 billion as a pre-payment of future dividend income on bp’s retained 35 percent stake. The valuation represents an enterprise value to EBITDA ratio of approximately 8.6x. Following the sale, a new joint venture will be fo
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ASDC, Toyota Kirloskar Motor, CBSE Host National Automobile Olympiad 2025
December 24, 2025
The initiative, aligned with the Skill India Mission, is designed to introduce school students to careers in the automotive and mobility sectors. The Olympiad saw participation from 175 students in Classes VI to XII. These participants were selected from
