Saturday, Sep 7 2024 | Time 22:21 Hrs(IST)
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Business Economy


Montra Electric of Murugappa Group set to enter E-SCV space

Chennai, Sep 5 (UNI) Montra Electric, the EV brand Murugappa Group, has planned
to launch their e-SCV in the coming months.
The launch of the e-SCV will signify the group's entry into the electric small commercial
vehicle space, according to a press release.
Once launched, the vehicle is expected to bring about a significant change in India's
mid-mile and last-mile mobility sectors, thanks to its distinctive design, strong performance,
and durable build quality.
The development of the Montra Electric SCV has been a result of extensive research and
testing at the state-of-the-art Ponneri plant on the northern suburb of Chennai.
It has also taken into account market gaps and customer feedback to ensure that it becomes
the preferred choice for customers.
TIVOLT Electric Vehicles, a subsidiary of TI Clean Mobility (TICMPL) is dedicated to transform
urban transportation in India by focusing on the Electric Small Commercial and Light Commercial Vehicle segment.
With a core vision of revolutionizing urban mobility, TIVOLT aims to deliver innovative and
sustainable transportation solutions that prioritize customer profitability while addressing the
growing demand for cleaner, more efficient vehicles.
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WIML to form joint venture in Saudi Arabia

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IMEC would ensure faster movement of goods between Europe and Asia: Goyal

06 Sep 2024 | 5:47 PM

New Delhi, Sep 6 (UNI) India-Middle East-Europe Economic Corridor (IMEC) can add to India's maritime security and faster movement of goods between Europe and Asia, said Commerce Minister Piyush Goyal here on Friday.

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Free fall at D-Street; wipes off over Rs 4 5L cr mkt capitalization

06 Sep 2024 | 5:37 PM

Mumbai, Sep 6 (UNI) India’s stock market on Friday fell like a pack of cards as the benchmark indices extended the losing streak for third straight day with both BSE Sensex and NSE Nifty closing down over one per cent each mainly on concerns whether US Fed will cut interest rate in its meeting this month and also profit booking by domestic operators.

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Steelcase eyes expansion in northern and central India

06 Sep 2024 | 5:20 PM

Bengaluru, Sep 6 (UNI) Steelcase, the global leader in workplace design and innovation, on Friday announced plans to expand its footprint in northern and central India with four new display stores, focusing on key markets where the company currently lacks representation.

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