JM Financial Home Loans targets Rs 50 billion AUM by FY26

BorgWarner Wins New Dual Inverter Project with Leading Chinese OEM

BorgWarner has secured a new contract to supply its advanced dual inverter technology to a major Chinese original equipment manufacturer (OEM) for hybrid vehicles. This deal marks a renewed collaboration between the two companies following their initial partnership in 2021. Mass production is expected to commence by the end of 2025.Strategic Collaboration in China’s NEV Market:“This milestone signifies a new phase of collaboration in the new energy vehicle sector,” said Dr. Stefan Demmerle, Vice President of BorgWarner Inc. and President and General Manager, PowerDrive Systems. “In Chi..

XCMG Boosts Global Service Skills with World Competition

XCMG Machinery, a global leader in construction equipment, has successfully concluded the first edition of its World Skills Competition, reinforcing its commitment to developing elite service talent and enhancing global aftermarket service standards. The landmark event aligns with XCMG’s globalisation and “Skills Empowerment” strategies, as well as its contribution to the Belt and Road “Skills for Dreams” initiative.Empowering Technicians Across Borders:Held under XCMG's global expansion roadmap, the competition brought together more than 90 service technicians from 24 countries. Des..

VE Commercial Vehicles Registers 7.4% Sales Growth in July 2025

VE Commercial Vehicles (VECV), a joint venture between the Volvo Group and Eicher Motors, reported total sales of 7,115 units in July 2025, marking a 7.4 per cent increase compared to 6,622 units sold in July 2024. The growth was primarily driven by strong performance in the Eicher brand portfolio, alongside a robust increase in exports.Sales Performance Highlights – July 2025:Eicher Brand Sales: Eicher-branded trucks and buses recorded sales of 6,940 units in July 2025, up 7.7 per cent from 6,444 units in July 2024.Domestic Market: Domestic sales of Eicher-branded commercial vehicles reache..