finance
Euler Motors announced its Series E round of INR 437.5 crore (USD $47 million), led by Lightrock, with participation from Hero MotoCorp and Blume Ventures. The round also had an additional INR 250 crores of debt funding from BlackSoil, Trifecta, InnoVen and Alteria Capital. Founded in 2018, Euler Motors
economy
As India prepares for the Union Budget 2026, anticipation is building across industries. bizmudra got responses from various Industry leaders on their expectations for the Union Budget 2026 Mr Piyush Arora, MD & CEO of Skoda Auto Volkswagen India, said, “As the Union Budget approaches, after the successful and welcome
markets
The All India Gem & Jewellery Domestic Council (GJC) issued its annual review of the bullion market, highlighting the extraordinary rally in gold and silver during 2025, which has pushed both metals to record or near-record highs by December and the factors driving this surge. The sharp rally in gold
finance
Ultraviolette announced that it has secured $45 million as part of its ongoing Series E round. The latest infusion comes from leading Indian technology company Zoho Corporation and Lingotto, one of Europe's largest investment management companies. This continued momentum in Ultraviolette’s Series E round underscores sustained investor
finance
Mining and natural resources major Vedanta’s much-anticipated demerger, which will create five sector-specific entities, has entered its final phase. The Mumbai bench of the National Company Law Tribunal reserved its judgment in November, with a likely pronouncement in December 2025. Proposed in September 2023, the demerger has been delayed
finance
Mr. N Chandrasekaran, Chairman, Tata Motors Limited, joined by Girish Wagh, MD & CEO, Tata Motors Limited, Prof Subhasis Chaudhuri, Chairman, BSE Limited and Mr. Sundararaman Ramamurthy, MD & CEO, BSE Limited, at the bell ringing ceremony marking the listing of Tata Motors Limited, the commercial vehicle business entity following
finance
Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries announced the audited consolidated financial results for the quarter ended September 30, 2025. Mohit Joshi, CEO and Managing Director, Tech Mahindra, said, “We delivered broad-based growth this quarter, reflecting the strength of
finance
Bizmudra has compiled a list of statements from Industry leaders regarding the new reforms put forth by the GST Council: Mr Shailesh Chandra, President, SIAM; “Automobile Industry welcomes the Government’s decision to reduce the GST on vehicles to 18% and 40%, from earlier rates of 28% to 31% and
finance
ATMA Seeks GST Relief on Tyres to Support Mobility, Lower Logistics Cost Lowering GST rates on tyres would directly reduce vehicle operating costs and help bring down logistics costs, while also extending benefits to farmers, small traders, service providers, and the infrastructure and mining sectors, Automotive Tyre Manufacturers Association (ATMA)
finance
Bizmudra provides a summary of the reactions from Industry Leaders on the policies stated in the Union Budget 2024-25 Mr. Vinod Aggarwal, MD & CEO, VE Commercial Vehicles "The introduction of the National Manufacturing Mission and the emphasis on Clean Tech Manufacturing, including National Critical Minerals Mission, particularly for
finance
Concludes With a Historic Milestone; MoUs Worth Rs 1.8 lakh cr Signed The Bihar Business Connect 2024 concluded on a grand note, marking a historic day for Bihar's industrial growth. The day’s events commenced with the ceremonial lamp lighting by the Hon’ble Deputy Chief Minister
finance
Bid /Offer Opening Date – Tuesday, October 15, 2024, and Bid/ Offer Closing Date – Thursday, October 17, 2024 Hyundai Motor India Limited (the “Company”), a part of the Hyundai Motor Group, which is the third largest auto OEM in the world based on passenger vehicle sales in CY2023, according to the