The Gurgaon-based firm, which sold around 53,000 electric two-wheelers last fiscal to lead the vertical, also aims to set up around 20,000 charging stations across the country over the next two years to ease range anxiety issues

As the world looks to gradually move to electric vehicles, the company plans to work on innovations across commercial and personal platforms.

Hero MotoCorp becomes the first automobile company in the country to surpass 100 million cumulative sales

The definitive agreement to acquire Precision Automation and Robotics India (PARI) will give Wipro Infrastructure Engineering increased market access and larger play in industrial IoT

Royal Enfield CEO Vinod K Dasari said that all new bike models will be in the mid segment - 250cc to 750 cc and that the company's investments will be in several hundred crores on its new product offerings

Local manufacturers to crank up alloy wheel capacity to tap a thriving market; of the annual requirement of 26 million alloy wheels in India, almost 46 per cent was imported mostly from China in FY20 due to lack of domestic supply

All major cycle manufacturers in the country like Hero Cycles, TI Cycles, Decathlon and Trek bikes are witnessing a surge in demand on the back of the coronavirus lockdown

India Stock Market Highlights Today: Eicher Motors, NTPC, Nestle, Power Grid and Bajaj Finserv were leading as top gainers. On the other hand, TCS, Maruti, ITC, Nestle, Infosys, Wipro, HCL Tech, Sun Pharma,  were among the top losers today.

Stocks to watch today on August 27:  ICICI Bank, HAL, Allcargo Logistics, Gillette, Siemens among others are the top stocks to watch out for in Thursday's trading session

The new policy provides a host of financial incentives for buying electric vehicles in the capital, over and above the subsidies already being provided under the central government's FAME scheme

After the launch of its flagship product the 450X a few months ago, Ather is now looking to scale up to 20 cities by the end of 2021. The company has said the 450X will be available in cities like Hyderabad, Pune, Delhi and Mumbai, with deliveries beginning in October 2020

The bank is in discussion with dozens of new age NBFCs, fintechs and traditional NBFCs for co-lending. Over half a dozen NBFCs have already been onboarded where the bank is lending based on the lead generated by these new players

Stock Market LIVE Updates: Kotak Bank, M&M, Tata Motors, Hindalco, Bajaj Finance were among the top gainers on Nifty. On the contrary, Coal India, L&T, ITC, ICICI Bank and BPCL were among the major losers

Stocks to watch today on June 2: Yes Bank, Eicher Motors, Tata Power, TVS Motor,  Hero MotoCorp, RIL, Ashok Leyland  among others are the top stocks to watch out for in Tuesday's trading session

Coronavirus donations: Tata Sons and Tata Trusts contributed Rs 1,500 crore. Tata Trusts' contribution of Rs 500 crore will be used to manufacture personal protective equipment, respiratory systems, testing kits, setting up modular treatment facilities and training of health workers

Once the current crisis is over, auto companies expect sops to make parts in India. The aim is to diversify sourcing away from a single destination like China

The investment would also include the company's foray into electric vehicles, an area where it is seen as a laggard. Arch rivals Bajaj Auto and TVS recently launched their first electric two wheelers in the market earlier this year

The disruption due to coronavirus in China has put Indian industry in a jam

As footfalls decline at Auto Expos globally, what is the way forward?

Porsche is looking at launching sports car Panamera, 10th year edition towards the second quarter this year