 "Hyundai Motor India gears up for an IPO, aiming for a valuation that could surpass market leader Maruti Suzuki.")
Hyundai Motor India (HMI) has received approval from Sebi to launch its initial public offering (IPO), which is expected to happen in early November. The IPO, valued at around Rs 25,000 crore, allows Hyundai Motor Company to sell a 17.5 percent stake in its Indian unit. According to Nomura, HMI might achieve a valuation higher ...
 "Warivo Motor India aims to double revenue with the launch of its high-speed electric scooter, the CRX, targeting significant market expansion.")
Warivo Motor India, an electric two-wheeler startup, aims to nearly double its revenue to around Rs 120 crore in the current fiscal year. This growth is driven by the launch of their high-speed electric scooter, the CRX, priced at Rs 79,999. Shifting from their earlier focus on low-speed scooters, Warivo’s CRX can reach speeds of ...
 "JSW MG Motor India launches the MG Windsor, shifting focus to electric vehicles, aiming for over 50% EV sales by 2024.")
JSW MG Motor India is shifting its focus towards electric vehicles (EVs) and away from traditional internal combustion engine (ICE) vehicles. Parth Jindal, the company director, announced the launch of the MG Windsor electric crossover, which marks their commitment to new energy vehicles. Bookings for the Windsor start on October 3, with deliveries beginning October ...
 "TVS Motor Soars: 13% Sales Surge Fuels Record August Exports!")
TVS Motor Company reported a significant increase in sales, rising by 13 percent year-on-year in August, totaling 391,588 units. This marks an improvement from 345,848 units sold during the same month last year. Notably, two-wheeler sales surged to 378,841 units, reflecting a 14 percent growth compared to August 2023. The domestic Market alone saw two-wheeler ...
