Category: Auto and Transport Industry News

Barstow International Gateway project : BNSF Railway to invest $1.5bn in new rail facility

businessnewstoday- October 2, 2022

BNSF Railway, an American railroad company, is set to invest more than $1.5 billion to build the Barstow International Gateway project, an integrated rail complex ... Read More

Geely Holding takes 7.6% stake in luxury British car brand Aston Martin

businessnewstoday- October 2, 2022

Zhejiang Geely Holding Group (Geely Holding) said that it has acquired a stake of 7.6% in Aston Martin Lagonda Global Holdings (Aston Martin), a British ... Read More

Rex wraps up acquisition of Australian FIFO operator National Jet Express

businessnewstoday- October 2, 2022

Australian airline Rex has wrapped up the previously announced AUD 48 million acquisition of National Jet Express from Cobham Aviation Services Australia. National Jet Express, ... Read More

Servotech Power Systems sets up subsidiary to make lithium-ion batteries

- September 23, 2022

Servotech Power Systems has incorporated a subsidiary, named Techbec Industries Limited (TIL) to manufacture batteries. The newly established entity will be engaged in the manufacturing ... Read More

RattanIndia announces launch of Throttle Aerospace Systems’ Defender drone

- September 20, 2022

Indian conglomerate RattanIndia Enterprises Ltd. (REL) has announced the launch of an advanced ‘Made in India’ drone called ‘Defender’ through its subsidiary Throttle Aerospace Systems ... Read More

Coromandel invests in Indian drone startup Dhaksha Unmanned Systems

- September 15, 2022

Indian phosphatic fertilizer company Coromandel International, through its venture capital arm Dare Ventures, has made an undisclosed investment in drone startup Dhaksha Unmanned Systems. The ... Read More

Tata Consultancy Services rolls out TCS Mobility Cloud Suite for automakers

- September 14, 2022

Tata Consultancy Services (TCS) has rolled out new cloud-based software, named TCS Mobility Cloud Suite, for automobile manufacturers and suppliers to adapt to the changes ... Read More

Bharat Forge, Harbinger Motors to develop electric powertrains for trucks

- September 14, 2022

Kalyani Powertrain, a wholly owned subsidiary of Indian automotive forging company Bharat Forge, is set to create a joint venture (JV) with Harbinger Motors, a ... Read More

GPT Infraprojects announces Rs 173cr order from Northern Railway

- September 13, 2022

GPT Infraprojects Limited, an Indian infrastructure company, said that it has won an order worth around INR 173 crores in consortium with an undisclosed partner ... Read More

Aurionpro takes stake in Toshi Automatic Systems to boost mass transit offerings

- September 13, 2022

Aurionpro Solutions Ltd has completed the previously announced acquisition of a 51% stake in the Delhi-based Toshi Automatic Systems (TAS) to boost its presence in ... Read More