ORIENT ELECTRIC CEO

Matter Group secures a significant USD 35 million Series B funding led by Helena, with plans to deliver advanced AERA electric motorbikes in India to address global climate challenges.

Orient Electric, part of the $3 billion CK Birla Group, has appointed Ravindra Singh Negi as its managing director and CEO, effective May 31, 2024. Negi, with extensive experience in electrical consumer durables, will guide the company towards susta...

Leapmotor, which had talks going on with Sajjan Jindal-led JSW, will be following in the footsteps of its Chinese peers MG and BYD into India.

Started in 2013, Ather Energy, the fourth largest electric two-wheeler maker, has sold 2.3 lakh units cumulatively. The company sold more e-scooters in Tier 2 and 3 cities than in the metros and Tier 1 cities put together.

A customer from Jaipur made headlines by purchasing a brand new Ather 450 electric scooter using only Rs 10 coins. The CEO of Ather Energy, Tarun Mehta, shared a picture of the proud customer surrounded by pouches of coins. Ather Energy is also prep...

Not all geopolitical events have the same effect on different sectors and segments of the market. One such segment is the small and medium enterprises (SMEs) sector, which consists of companies that have a market capitalization of less than Rs 500 c...

Ahasolar always believed in being a profitable company. This focus and its compliance history paved the way for a successful IPO.

On Friday, Navin Fluorine, a chemical company plummeted by as much as 15%, marking its most significant single-day decline in eight years, following the sudden resignation of its CEO. Shares of over a dozen companies, in which top executives resigne...

Kallenius, who visited India earlier this year to review operations and meet policymakers and industry leaders, said: “We had a very constructive meeting (in India). And you get a sense in India, it's like the 21st century belongs to India. There is...

Godawari Electric Motors has launched its first electric two-wheeler, the Eblu Feo, priced at Rs 99,999. The scooter comes with a 2.52 kWh battery offering a range of 110 km. It also features three driving modes and a top speed of 60 km/hour. Delive...

"The feasibility study has since been completed and both the companies have in principle reached an agreement to establish a 50:50 joint venture company (JV). The JV shall be able to manufacture the entire range of CRGO products at Vijayanagar, Karn...

Singer India appoints Rakesh Khanna as MD & VC, who will replace Rajeev Bajaj

Auto companies will be in focus on Monday after the companies reported sales updates for the month of March. Maruti Suzuki and Tata Motors reported their highest-ever dispatches to dealers last fiscal, enabling the domestic passenger vehicle industr...

Rajan Gupta has been appointed Managing Director and CEO of Orient Electric Ltd, succeeding Rakesh Khanna who held the position for eight years. Gupta's appointment is set to be ratified by shareholders from 4 April 2023, and he will be with the com...

Hero Electric on Monday said it has entered into a long-term partnership with Maxwell Energy Systems for the supply of advanced battery management systems. Under the partnership, Maxwell will supply more than 10 lakh units of its battery management ...

Leading brands operating in the segment are Orient Electric, Havells, Crompton Greaves Consumer Electricals, Usha International, Luminous Power etc. The category is witnessing a rise in rural penetration with increased electrification, while in urba...

Stocks slipped in morning trading on Wall Street Monday to kick off a holiday-shortened week. The S&P 500 fell 0.4% as of 10:15 am Eastern. The tech-heavy Nasdaq fell 0.7%.The Dow Jones Industrial Average fell 24 points, or 0.1%, to 33,725. The inde...

Bajaj Auto, the two-wheeler maker said that the Board of Directors on June 14 will consider a proposal for buyback of fully paid-up equity shares. It might be the first buyback announcement by the company since 2000.

"The relentless increase in commodity prices during the year has been impacting all players within the industry. With a YoY growth in Cost of Goods by 15.2 per cent in Q3 FY22, OEL was no exception. Higher commodity prices have been keeping margins ...