Genesys International Corporation, a provider of advanced mapping services, is in advanced talks to secure an order worth Rs 150-200 crore from two leading original equipment manufacturers (OEMs) in India to provide AI-powered navigational maps and connected car solutions, according to sources familiar with the matter. The formal announcement of the order is expected in […]
India’s electric vehicle (EV) revolution is charging ahead, driven by dynamic policies, hefty investments, and a surge in consumer interest. Bloomberg NEF’s EV Outlook 2024 forecasts a leap to 5.9 million EV sales by 2040, with a remarkable 199% growth by 2027. This growth is fueled by a broader range of models and increasing consumer […]
The Competition Commission of India (CCI) has given its approval for Sajjan Jindal-promoted JSW Group’s proposed acquisition of up to 38 per cent stake in MG Motor India. “The Acquirer is a newly incorporated entity and is not engaged in any activities as on date. It is a wholly owned subsidiary of JSW International Tradecorp […]