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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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Bajaj Auto Intros Updated Pulsar 150 Range At INR 108,772
December 24, 2025
The motorcycle retains its frame and stance, though Bajaj has introduced new colour options and graphics. The Pulsar 150 continues to utilise DTS-i (Digital Twin Spark-ignition) technology, which uses two spark plugs to ignite the air-fuel mixture in the
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Citroen India Delivers 51 C3 CNG Vehicles To Luthra Group
December 24, 2025
The delivery is part of Citroen's strategy to expand its presence in tier-II and tier-III markets by providing mobility solutions to businesses and individuals.
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Chartered Speed Deploys Electric Buses For DCM Shriram Staff Transport
December 24, 2025
The deployment is part of an effort to shift employee mobility towards electrification. Chartered Speed operates a fleet of over 2,000 buses across six states, serving 350,000 passengers daily.
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Maruti Suzuki India Partners Uttar Pradesh Gramin Bank For Retail Financing
December 24, 2025
This collaboration marks the 50th retail finance partner for Maruti Suzuki India. The partnership is intended to use the bank’s network to provide credit options to a range of customer profiles, particularly in rural and semi-urban regions.
