-
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.
MT Bureau
-
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.
MT Bureau
-
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
MT Bureau
-
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
MT Bureau
-
SIAM Launches National Road Accident Reduction Challenge 2026 For Students
December 23, 2025
Submissions must include a 15–20 slide concept deck backed by data validation, fieldwork, or prototypes. The deadline for nominations is 15 January 2026, with final projects due by 1 March 2026.
MT Bureau
-
Hyundai Motor Becomes ICC Premier Partner For 2026–2027 Tournaments
December 23, 2025
The partnership grants Hyundai exclusive rights for the international cricket calendar. These include participation in matchday moments such as the coin toss, in-stadium branding and fan experiences.
MT Bureau
