Kinetic Invests Rs 50 million More

15 Apr 2025 CW Team

Kinetic Engineering Limited (KEL) has invested Rs 50 mn in its wholly-owned subsidiary, Kinetic Watts and Volts Limited (KWVL), by subscribing to five mn equity shares at Rs 10 each, as per its recent filing with the Bombay Stock Exchange. This move raises KEL’s stake in KWVL from 61.63 per cent to 66.11 per cent, reinforcing its strategic ambitions in the automotive and mobility technologies space.

KWVL, incorporated in September 2022, has yet to generate revenue but is positioned to contribute to KEL’s future growth in the electric and advanced mobility domain. The investment, made in cash, is classified as a related party transaction executed at arm’s length, and does not require regulatory approvals.

KEL, founded in 1970 and based in Pune, has transitioned from two-wheeler manufacturing to producing transmission systems, engine components, and other critical automotive assemblies, operating from its facility in Ahmednagar, Maharashtra. Listed on the BSE, KEL continues to support expansion through such targeted investments in mobility-focused ventures like KWVL.

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..