Auto Inc set for a happy new year | TaMo receives first PLI certificate from ARAI | EKA Mobility partners with Mitsui and VDL Groep to make EVs

Wednesday, December 27, 2023

Top Stories
	With slew of new launches, Auto Inc set for a happy new year
	Tata Motors receives first PLI-AUTO certificate from ARAI for 12m fully built bus in M3 Category
	EKA Mobility partners with Japan's Mitsui and Netherlands' VDL Groep to manufacture EVs
	Revfin secures USD 14 mn in series B funding round led by Omidyar Network
	Ola Electric plans to deploy INR 1,226.43 cr of IPO proceeds on cell production capacity expansion
	Tata Motors bags order of 1350 bus chassis from Uttar Pradesh State Road Transport Corporation
	Government working on PLI 2.0 for steel sector in 2024; industry players await steps to curb steel imports
	India becomes 2nd-largest importer of Russian fuels
	INR 95,000 cr investment in PLI till Nov: DPIIT review
	Why Pay-as-You-Drive car insurance can be a game changer?

	Medium, heavy CV segment may see a muted demand in March quarter BusinessLine
	How India, not China, is leading the revival in global steel Mint
	EV industry set to end its best sales year in spite of subsidy cuts Business-standard.com
	Tesla Plans Revamp of Smash Hit Model Y From China Plant Bloomberg.com
	M&M accelerates 'Born EV' plans, to expedite launches Mint
	India Inc seeks 3.9 mn jobs for frontline workers in H1 FY24: Report Business-standard.com

Electric Vehicles
	Xiaomi to showcase EV technology for the first time on December 28

Passenger Vehicle
	Toyota small car maker Daihatsu shuts down Japan factories during probe of bogus safety tests

Two Wheelers
	Bike owner must compensate for pillion rider's death

Auto Components
	We are expecting to build land banks in all auto regions: Sunil Bohra, UNO Minda
	Indian-origin CEO-led energy tech firm Enphase lays off 350 workers
	Shanghai aluminium steady as supply concerns weigh

Industry
	Adani family to invest INR 9,350 cr in Adani Green Energy
	Green Hydrogen Policy: CM Yogi reviews draft, UP govt to release it soon
	Ashok Leyland stock price up 1.27% as Sensex climbs
	1.6km-long RRTS bridge is Delhi's 25th on 22km stretch of Yamuna
	Delhi Green Travel Progress 2023: Bus service becomes app-based, Metro Rail completes 21 years
	Dense fog for 3 days, Delhi's air could turn severe
	India's energy shift: Major growth in renewables sets stage for a green 2024
	Turkiye, China should expand cooperation in tech and energy, says official
	Indonesia nickel plant explosion death toll rises to 18
	Hapag-Lloyd to decide on Wednesday about Red Sea routes
	Identify causes of road mishaps, principal secy tells officers
	NHAI to take up Petta Junction devpt works
	Shipping firm Maersk says it's preparing for resumption of Red Sea voyages after attacks from Yemen
	FDI rises 64% to 18-month high in October
	Disinvestment fetches over INR 4.20 lakh cr in 10 years but target to be missed again in FY24
	It's a zoo out there! Delhi's Mathura Road bottlenecks need urgent solutions
	Railway readies faster non-AC Amrit Bharat trains
	RBI may not have to drain cash further as core liquidity declines

Oil & Lubes
	Oil little changed as investors eye Middle East tensions, US rate cut
	Russia continues to process high levels of crude mid-December

Commercial Vehicle
	By April, 1,400 new electric buses will be inducted in BMTC: Karnataka CM
	Israel moving to electric school buses

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