OHM Global Mobility, a subsidiary of Ashok Leyland, has successfully secured an order for 500 electric buses from the Metropolitan Transport Corporation (MTC) in Chennai. The buses will be supplied by Switch Mobility, another subsidiary of Ashok Leyland. As the electric mobility arm of Ashok Leyland, OHM is dedicated to the Mobility-as-a-Service business model. Under…
Mankind Pharma Limited has completed the transaction to acquire 100% stake in Bharat Serums and Vaccines Limited (BSV), for a purchase consideration of INR 13,768 Crores. This strategic move marks a significant leap for Mankind Pharma, positioning it as a market leader in the Indian women’s health and fertility drug market alongside access to other…
The Board of Directors of Fedbank Financial Services has approved the appointment of Parvez Mulla as the Managing Director & CEO for a term of three years, starting November 11, pending shareholder approval. With 28 years of experience across lending, retail banking, and insurance, Mulla has held key leadership positions, including Chief Operating Officer at…
Rapido has partnered with IndoFast Energy, a joint venture between IndianOil and SUN Mobility, to introduce 10,000 Piaggio electric vehicles (EVs) equipped with swappable batteries across India. As part of this initiative, IndoFast Energy plans to set up over 100 battery swapping stations in Hyderabad and more than 200 in Bangalore by December 2024. Rapido…
In an exclusive interview with Shiva Y from TVW News India, Sanjeev Kumar, the founder of Alphadroid, discusses the burgeoning potential of the robotics industry in India. Despite the country’s current technological lag compared to regions like the U.S. and Europe, Sanjeev highlights Alphadroid’s commitment to pioneering advancements in service robotics, particularly within the hospitality…
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