$80 million home in Dubai purchased anonymously by Mukesh Ambani

Hindalco Supplies 10,000 Aluminium Battery Packs to Mahindra EVs

Hindalco Industries Ltd, the world’s largest aluminium company, has supplied ten thousand aluminium battery packs to Mahindra for its BE 6 and XUV 9e electric vehicle (EV) models. This marks Hindalco’s official entry into the EV components sector, backed by its new manufacturing facility at Chakan, Pune.Built with an investment of Rs five billion over five acres, the facility currently produces eighty thousand battery enclosures annually, with plans to double capacity to one hundred sixty thousand units. The state-of-the-art aluminium batteries are forty per cent lighter than steel-based d..

Centre to Procure 14,028 Electric Buses in Phases Under PM E-DRIVE

The Centre plans to procure fourteen thousand twenty-eight electric buses (e-buses) in multiple tranches instead of a single large order, as some states have yet to submit their detailed requirements.The procurement is part of the Ministry of Heavy Industries' plan to allocate around 40 per cent of the Rs 109 billion PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme for boosting electric public transport.A total demand for fifteen thousand four hundred e-buses has been received from seven states, including Gujarat, Telangana, Karnataka and Delhi, with Delhi alo..

New Railway Terminal to Come Up Near Kempegowda Airport

Minister of State for Railways, V. Somanna, announced that a new railway terminal will be established near Kempegowda International Airport, Bengaluru, to enhance passenger convenience. The terminal is part of the Circular Railway project aimed at connecting Bengaluru’s expanding outskirts.At a press conference, Somanna confirmed that the survey for the Circular Railway project has been completed. Under the plan, four new terminals will be developed, including the one near the airport. He emphasised that railway infrastructure needs rapid expansion due to Bengaluru’s growing population.Hig..