AUTO
Electrifying Public Transport: E-Bus Market Enters Scale-Up Phase
India’s electric bus transition is gathering pace, but the road to scale is proving more gradual than initially anticipated. According to a recent assessment by CareEdge Ratings, electric buses (e-buses) are now expected to account for 13% of annual bus sales by FY28, a realignment from earlier projections of 15% by FY27 due to execution […]
corpwhizz@338
·
Feb 23, 2026
AUTO
Kinetic Engineering Invests ₹3 Cr In Its Arm Kinetic Watts & Volts
Pune-based Kinetic Engineering Ltd (KEL) has infused ₹3 crore in its subsidiary Kinetic Watts and Volts Ltd to strengthen its presence in the automobile segment. The investment has been made through a cash subscription of 30 lakh equity shares at a face value of ₹10 each, aggregating to ₹3 crore, the company said in a […]
corpwhizz@338
·
Feb 23, 2026
AUTO
Olectra Greentech Bags ₹1,800-Cr Order For 1,085 E-Buses From TGSRTC
Electric mobility major Olectra Greentech has secured a ₹ 1,800-crore order for 1,085 electric buses from Telangana State Road Transport Corporation (TGSRTC), marking one of the largest single-state e-bus deployments under the Centre’s PM E-DRIVE initiative. The contract, awarded under the PM E-DRIVE programme led by Convergence Energy Services Ltd (CESL), covers the supply, operation […]
corpwhizz@338
·
Feb 23, 2026
ECONOMY
Centre Unveils ₹16.72 Lakh-Crore National Monetisation Pipeline 2.0
Union finance minister Nirmala Sitharaman on February 23, unveiled the second phase of the Centre’s asset monetisation drive, christened National Monetisation Pipeline 2.0 (NMP 2.0), with an ambitious target of ₹16.72 lakh crore over five years. Developed by NITI Aayog in consultation with key infrastructure ministries, NMP 2.0 outlines the government’s Asset Monetisation Plan for […]
corpwhizz@338
·
Feb 23, 2026
