LML Electric intends to raise up to Rs 500 crore and will launch its first product in India in the second half of 2023.
Medilytix Bureau :LML Electric plans to raise up to Rs 500 crore to fund the setting up of its own manufacturing plant and scale up business, according to company MD…
Volvo plans to expand its certified used-car business pan-India by early 2024.
Medilytix Bureau : Swedish car maker Volvo plans to expand its certified used-car business pan-India by early 2024 and expects as much as one-third of its volumes to come from…
Hero Electric to Invest Rs 1,200 Crore in a Greenfield Facility in Rajasthan
Medilytix Bureau : Hero Electric, India’s largest zero-emission two-wheeler maker, will set up a greenfield manufacturing unit in Rajasthan entailing an expenditure of Rs 1,200 crore, its managing director, Naveen…
Sardar Sarovar dam’s hydropower output nearly doubled this year; August proved the most productive.
Medilytix Bureau : Good rainfall in the catchment area of the Sardar Sarovar dam in Gujarat’s Narmada district has led to the generation of 2,142 million units (MUs) of hydropower…
Brookfield aims to build 12–16 GW of renewable power in India over the next 10 years.
Medilytix Bureau :Brookfield is looking to multiply its current 4 GW renewable portfolio by three to four times in India within the next decade in order to help corporates make…
Ola Electric will enter international markets, beginning with Nepal.
Medilytix Bureau : Ola Electric on Thursday said it plans to foray into the international markets, starting with Nepal. The company said it has signed a memorandum of understanding with…
Fisker will sell electric SUVs in India and will begin local manufacturing in a few years.
Medilytix Bureau : U.S. startup Fisker Inc will begin selling its Ocean electric sport-utility vehicle (SUV) in India next July and could begin manufacturing its cars locally within a few…
Nalco registers its highest-ever profit of Rs 2,952 crore in FY ’22.
Medilytix Bureau : Nalco has registered the highest-ever sales of Rs 14,181 crore and a record profit of Rs 2,952 crore in the 2021–22 financial year (FY’22), an official said…
3 times more work done so far in 2022-23 than corresponding period last year: Railway
Medilytix Bureau : The Railways announced on Thursday that it had completed 1,353 track kilometres (TKM) of new lines, gauge conversions, and multi-tracking projects in the current fiscal year through…
India is working to transform its energy landscape to include a significant share of clean energy. Minister Jitendra Singh.
India is working to transform its energy landscape with a significant clean energy share, Science and Technology Minister Jitendra Singh has told the international community, while asserting the country will…