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Ashok Leyland to invest up to Rs 500 cr in battery pack manufacturing unit
In a bold step towards sustainable transportation, Ashok Leyland has announced a substantial investment of Rs 500 crore for a state-of-the-art battery pack production facility on the outskirts of Chennai. Following a successful groundbreaking ceremony, this initiative not only bolsters their ambitions in the electric vehicle sector but also aligns with India's commitment to achieving net-zero emissions.
Bharat Forge inaugurates state-of-the-art landing gear components machining facility at Pune
In collaboration with Liebherr-Aerospace & Transportation SAS
Via Transportation stock falls after short seller questions business model - Investing.com India
Via Transportation stock falls after short seller questions business modelInvesting.com India
Japan's Nikkei drops 1.35%
The Nikkei average fell 1.35 percent to 58,057.24, with air transportation, securities house shares and banks leading declines. The broader Topix index settled 1.02 percent lower at 3,898.42.
Watch: Why the Strait of Hormuz matters to global oil supply and rising geopolitical tensions
The video explains geopolitical and economic importance of Iran’s location, focusing on the Strait of Hormuz — a narrow maritime passage that plays a critical role in global oil transportation. The instability around the Strait of Hormuz is not just a regional issue but a global energy risk, with potential impacts on oil prices, trade flows, and energy security for importing nations such as India.
Smallcap AI shares locked in 20% upper circuit on US transport agency deal
Shares of XTGlobal Infotech hit the 20% upper circuit at Rs 33.18 on the BSE after the company secured an AI Enablement for Engineering Services contract from a US-based state transportation agency. The six-month engagement is valued at about $796,900. Managing Director Ramarao Atchuta Mullapudi said the win strengthens its transportation vertical and US public sector presence.