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Auto and Transport Industry News
2420 posts
Nayax shares jump 13% on $350 million IPS Group deal as smart parking opportunity expands
Nayax is buying IPS Group for $350M, adding $90M of smart-parking revenue and expanding its cashless market opportunity by $85B.
August 25, 2026
Willis Lease Finance pays $262.9m for 12 aircraft and 13 engines
Willis Lease Finance has completed its acquisition of 12 aircraft and 13 spare engines for an adjusted purchase price of about $262.9 million, with most engines and half the aircraft earmarked for joint ventures or managed vehicles.
August 25, 2026
Why Delhi’s small Rs 9.62cr skywalk solves a larger Metro connectivity gap
Delhi’s ₹9.62 crore Madhuban Chowk skywalk and foot-overbridge is 60% complete and targeted for November 30 delivery, creating grade-separated pedestrian access between two Metro stations and Rohini District Court.
August 25, 2026
Belrise Industries (NSE: BELRISE) deploys Rs 1,700cr QIP into expansion cycle
Belrise Industries has completed an upsized ₹1,700 crore QIP while Q1 FY27 revenue rose 13% to ₹2,546 crore, giving the automotive supplier additional capital for acquisitions and diversification even as EBITDA margin narrowed.
August 25, 2026
Descartes buys Tai for $100m as AI freight platform expands logistics data network
Descartes acquired AI freight platform Tai for $100M in cash, expanding its transportation software and Global Logistics Network data strategy.
August 24, 2026
Gogoro shares surge as Q2 margin hits five-year high and net loss narrows by $22m
Gogoro Q2 revenue rose 7% as gross margin hit 22.6%, net loss narrowed sharply and scooter registrations rebounded 51%.
August 24, 2026
How Paradip Port’s 18.5-metre draft could change eastern India bulk logistics
Paradip Port has commissioned seven projects worth ₹427.80 crore, including an 18.5-metre deep-draft upgrade, while signing ₹1,580.36 crore of BOT mechanisation agreements covering another 23 MTPA of cargo capacity.
August 24, 2026
GMRC seeks contractor for Rs 879cr Ahmedabad Metro airport extension package
Gujarat Metro Rail Corporation has floated an ₹879.27 crore civil tender for Ahmedabad Metro Phase 2A covering 4.97 km of elevated viaduct, four elevated stations and a 1.01 km underground section.
August 24, 2026
GRSE (NSE: GRSE), Yantra India break ground on Rs 3,500cr Bengal expansion
Five GRSE and Yantra India brownfield projects worth nearly ₹3,500 crore have moved into the foundation-stage in West Bengal, led by a ₹2,500 crore-plus Raichak shipbuilding hub and more than ₹750 crore of metallurgy investment at Ishapore.
August 24, 2026
Why Texmaco Rail is giving up 30% of its defence arm before revenue begins
Texmaco Rail has brought Vagus Def Tech & Aerospace Fund-1 into Texmaco Defence Technologies with an investment commitment of up to ₹200 crore, diluting its ownership from 100% to 70%.
August 23, 2026