Tube Investments of India (TII) plans to invest Rs 3,000 crore in electric mobility over the next three to four years. The investment will focus on four EV product platforms including passenger and cargo three-wheelers, a 55-tonne truck, a small commercial vehicle (SCV), and a tractor. TII has already launched electric vehicles like passenger three-wheelers and e-trucks, with plans for SCVs and e-tractors. Additionally, TII is setting up a battery packing plant and exploring opportunities in the e-mobility ecosystem. The company is also considering products like e-cycles and e-rickshaws for its portfolio.
Economic offences wing arrests managing director of private firm for cheating investors of 50 crore by offering high monthly interest rates. Case registered against accused Mohan Kumar Parida for running illicit investment scheme without RBI permission. Over 2000 victims defrauded between 2020-2023. Investigation reveals involvement of accused's wife in the fraud.
Vishnu Vardhan, co-founder of SML India, parent company of Hanooman, told Moneycontrol that beta testing for the OS is expected to be announced next month, with a potential rollout within three months.
3AI Holding Ltd & SML India launch launch GenAI platform - 'Hanooman' indiantelevision.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiantelevision.com Daily Mail and Mail on Sunday newspapers.