Hero MotoCorp and TVS Motor crossed Rs 1,000 crore in R&D spend for the first time, as legacy OEMs accelerate innovation to compete with new-age EV players.
Tata Motors-owned Jaguar Land Rover plans to set up an engine manufacturing facility in India in order to meet the demand in the country.
JLR, Tata Steel Europe CEOs caution staff on high risks of leaving the EU
The referendum will have long-term implications for Indian companies, which earn a substantial portion of revenue from the region.