MAGENTA

The Delhi Metro's Magenta Line has transitioned to fully driverless trains.

Industry players are looking forward to potential GST concessions and incentives for electric vehicles in the upcoming Budget FY25. Expectations include policies like FAME 3.0 to enhance the EV ecosystem, promote R&D, and support local manufacturing...

The issue, which was completely a fresh equity sale of 20 lakh shares, received an overwhelming response from investors with a subscription of over 900 times at close. Net proceeds from the Magenta Lifecare IPO are proposed to be used for funding th...

Magenta Mobility partners with Tata Motors to deploy over 100 Tata Ace EV units, including Ace EV and Ace EV 1000, as part of their MoU from October 2023. Maxson Lewis expresses excitement about their 'Ab Ki Baar Dus Hazaar' program aiming for 10,00...

IPO for Magenta Lifecare, which makes foam-based mattresses and pillows under the 'Magenta' brand, has been subscribed over 300 times so far on the third day.

The initial public offering (IPO) of Magenta Lifecare has garnered subscription over 60 times as of Thursday, the second day of the bidding process. The subscription period for this IPO ends on June 7. In contrast, the IPO of Sattrix Information, wh...

Kuehne+Nagel has partnered with Magenta Mobility to transition their fleet in India to electric vehicles, as part of their commitment to sustainability.

The Delhi Metro Rail Corporation (DMRC) said in a post on X, "Train movement between Samaypur Badli and Jahangir Puri on the Yellow Line shall be done via single line from 10 pm till end of revenue services and from start of revenue services till 7 ...

Pantone's 2024 Color of the Year, Peach Fuzz, symbolizes unity and empathy in tumultuous times. Described as a gentle, velvety peach, it embodies togetherness, community, and nostalgia. This choice transcends design, reflecting cultural sentiments a...

In March 2019, the Union Cabinet approved three out of the six corridors of the Delhi Metro's Phase-IV, which will further improve connectivity in the national capital. The remaining three proposed corridors which have not yet been approved are Rith...

Altigreen on Thursday launched its three-wheeler cargo Tez in the Delhi market, when 200 NeEV Tez vehicles were delivered to Magenta Mobility, an e-mobility services provider for goods transport. Besides, the company also has plans to expand in mark...

Magenta Mobility has partnered with Tata Motors to introduce the Ace EV in its fleet, aiming to accelerate the adoption of electric vehicles (EVs) in urban deliveries. The collaboration aligns with Magenta's commitment to decarbonize logistics and p...

As per the DMRC statement, "To reach Terminal 1 of IGI Airport, commuters are requested to use Magenta Line and get down at Terminal 1-IGI Airport Metro Station. Feeder Buses between Delhi Aerocity Station of Airport Line and Terminal 1 will be unav...

The EV charger with 12 charging outputs of 3.3 kW each will help in reducing per-point charging costs for fleet operators and residential societies, the company said in a statement.

Magenta Mobility has partnered with Altigreen Propulsion Labs and Exponent energy to launch a 15-minute rapid charging Electric Vehicle fleet. The Altigreen neEV Tez can be fully charged in 15 minutes will enable Magenta to take India's last mile lo...

Magenta Mobility has appointed Satyen Sail as Mobility Business Head to steer the company's growth post-investment from bp Ventures and Morgan Stanley. Sail's remit will focus on establishing operational excellence, building strategic partnerships a...

The company plans to deploy the freshly raised capital in fleet and geographical expansion besides investing a part of the funds in technology-build as it focuses on "sustainable and profitable" growth, Maxson Lewis, Founder and Managing Director, M...

The company plans to deploy the freshly raised capital in fleet and geographical expansion besides investing a part of the funds in technology-build as it focuses on "sustainable and profitable" growth, Maxson Lewis, Founder and Managing Director, M...

The company is looking to hire candidates in various positions, including entry-level, mid-level and those having more experience. It is participating in multiple campus and off-campus drives and planning to recruit across tier I and II institutes.