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Salzgitter AG Sells Klockner DESMA Elastomertechnik To NMP Group
August 04, 2026
The acquisition serves both as an opportunity and a solution that will help NMP address industrial challenges by using the capabilities available at DESMA’s locations.
MT Bureau
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Hyundai Motor India Launches Assured Buyback Scheme For Creta Electric
August 04, 2026
The initiative follows the company's introduction of its Battery-as-a-Service (BaaS) model for the Creta Electric, which carries an entry price of INR 1.09 million with battery rental rates starting at INR 3.9 per kilometre to lower upfront purchase costs
MT Bureau
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Uno Minda Net Profit Rises To INR 2.96 Billion In Q1 FY2027
August 04, 2026
This company witnessed growth across its core product offerings, including switches, lighting, alloy wheels, seating, as well as its new-age EV systems and alternate fuel divisions.
MT Bureau
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India Yamaha Motor Reintroduces MotoGP Editions, Updates FZ Colour Options
August 04, 2026
The Monster Energy Yamaha MotoGP Edition models display liveries inspired by Yamaha's racing division across the fuel tank, side panels, and tank shrouds. The R15 V4 MotoGP Edition is priced starting at INR 176,050 ex-showroom Delhi, while the MT-15 MotoG
MT Bureau
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BorgWarner Secures Inverter Program Extensions With European OEM
August 04, 2026
Under the agreement, BorgWarner will supply updated high-voltage inverters for plug-in hybrid vehicles incorporating its Application-Specific Integrated Circuit (ASIC) technology, configured to interface with the OEM's vehicle operating system.
MT Bureau
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Indofast Energy Partners Zeon Charging To Expand Battery Swapping Infrastructure
August 04, 2026
As per the understanding, Indofast Energy will deploy its Quick Interchange Stations (QIS) across Zeon Charging's network of sites, including shopping centres, metro parking facilities, and commercial hubs in Bengaluru, Hyderabad and Chennai.
MT Bureau
