Force Motors Limited announced its highest-ever revenue and profitability for the fiscal year ending March 31, 2026, driven by growth across its Urbania, Trax, and Traveller platforms, as well as defence partnerships and international engine manufacturing.
Force Motors, known for its shared mobility solutions, is gearing up to expand its presence in global markets and defence segment having consolidated its position in India by narrowing down on focus areas for profitable growth, according to managing director Prasan Firodia.
Electric commercial vehicle manufacturers in India are struggling to meet localisation requirements under the PM eDRIVE scheme, set to begin on Tuesday. The Society of Indian Automobile Manufacturers (Siam) has requested a seven-month extension until April 1, 2027, citing disruptions in the supply of rare earth magnets due to China's export restrictions and geopolitical tensions. The government is yet to decide on the request, which aims to prevent production disruptions and allow time for local supply chain development.
Japan inaugurated the 20th Asian Games in Nagoya with a vibrant opening ceremony that seamlessly blended advanced technology and rich cultural traditions, despite earlier organisational challenges.
Tamil Nadu Chief Minister C Joseph Vijay has announced the establishment of a world-class Tamil Nadu Olympic City in Chennai, featuring advanced sports arenas, training centres, and accommodation.
A preliminary government report reveals that devastating flash floods in Nepal have affected over 32,000 people, caused 1,295 deaths, and severely damaged infrastructure including roads, bridges, schools, and healthcare facilities. Senior Nepali Congress leader Arjun Narsing KC has criticised the government's coordination of rescue and relief operations and called for international action on climate justice.
The merged InsuranceDekho-RenewBuy entity aims to significantly expand its distribution network across India, offering insurance, mutual funds, and loans, with a strong focus on 'Bharat' (rural India), according to CEO Ankit Agarwal.
A made-in-China humanoid robot, Tiangong Ultra, has shattered Usain Bolt's 100-metre sprint world record, completing the distance in 8.64 seconds compared to Bolt's 9.58 seconds. While a significant technological advancement, experts note the robot's running style differs greatly from humans, highlighting both its strengths in speed and areas where it still lags, such as decision-making and perception.
A cyberattack on an automaker can spread through its wider supply chain and create significant financial losses.
The Maharashtra government has proposed amendments to the Maharashtra Motor Vehicles Rules, 1989, making 'working knowledge of Marathi language' mandatory for cab drivers, with non-compliance potentially leading to suspension or revocation of driving licences.
Insurers are bracing for claims worth nearly 5,000 crore from the recent floods in Gujarat, predominantly for property losses, though they do not foresee an increase in premiums within the competitive property insurance market.
Nepal's devastating flash floods have claimed 1,127 lives, with thousands still missing a week after the disaster. Rescuers are intensifying efforts to find survivors and recover bodies across affected regions, while police work to identify victims and relocate families from high-risk areas.
InsuranceDekho and RenewBuy have merged to establish India's largest artificial intelligence (AI)-enabled insurance distribution platform, targeting a significant premium book and extensive reach across the country.
Congress leader Shashi Tharoor clarified his use of the word 'drama' in a social media post about the Nepal flash floods, stating he intended it to mean 'a state, situation or series of events involving intensely clashing forces' and regretting the misinterpretation.
The Sports Ministry has provisionally recognised the Federation of Motor Sports Clubs of India (FMSCI) as a National Sports Federation (NSF), a move aimed at promoting motorsport and facilitating Formula 1's return to India. This recognition requires FMSCI to amend its constitution to comply with governance acts, and a Task Force is being established to assess the benefits and challenges of hosting major motorsport events.
The death toll from devastating flash floods in Nepal has surged to 1,050, with nearly 4,000 people, including foreigners and security personnel, still missing. Rescuers are struggling with intermittent rainfall, rising river levels, and difficult terrain, while expert teams from India and China assist in operations, particularly at hydropower project sites where many workers are believed to be trapped in tunnels.
Nepal is grappling with one of its worst disasters in recent years as massive flash floods, triggered by an ice avalanche, have claimed 270 lives and left thousands missing across multiple districts, prompting urgent rescue and relief operations.
The death toll from devastating flash floods in Nepal has tragically risen to 903, with 4,247 people still reported missing, including security personnel and foreigners. India has dispatched an 18-member team of forensic experts to assist with DNA analysis and identification of victims.
Tata Sons has the balance sheet to support them, for now.
In its bid to optimally align the company with the demands of emerging global business opportunities, Force Motors Ltd, formerly known as Bajaj Tempo Ltd, is considering to decentralise its operations and outsource businesses.
The Sports Ministry has provisionally recognised the Federation of Motor Sports Clubs of India (FMSCI) as a National Sports Federation (NSF). This status makes FMSCI eligible for financial grants and is a significant step in the government's efforts to bring Formula 1 racing back to India, with a Task Force also being formed to explore hosting major motorsport events.
A massive flash flood originating in Tibet has devastated central Nepal, killing 17 people and leaving nearly 500 missing, including 105 Indians. The deluge, caused by a rock slide near the Nepal-Tibet border, swept through districts, washing away bridges and severely damaging at least a dozen hydropower projects.
In the next 36 months nearly 25 to 40 per cent of jobs will be under threat from AI and job losses are inevitable.
India Inc's first-quarter earnings season was significantly impacted by the West Asia conflict, leading to rising costs, calibrated price increases, and margin pressures across various sectors including FMCG, automotive, steel, and cement. Companies are implementing price hikes to protect profitability, with many anticipating further escalations if input costs remain elevated.
Bajaj Tempo Ltd has approved change in the name of the company to 'Force Motors Ltd'.
Force Motors Limited, Pune based leading automobile manufacturer and pioneers in the 3-wheeler segment have announced the launch of Minidor cB
The Madras High Court's Madurai Bench has set aside a government order providing jobs to relatives of those who died in a stampede at Karur last year, citing violations of constitutional rights and existing compassionate appointment rules. The court highlighted that such appointments overlook others on waiting lists and could open "floodgates" for similar demands.
German commercial vehicle manufacturer MAN Nutzfahrzeuge Group plans to set up manufacturing facilities for trucks and buses in joint venture with India's Force Motors Ltd at an estimated investment of euro300 million.
While the latest trigger for him stepping down could be the uncertainty around his renewal as a director at the AGM, which is otherwise a routine matter, Chandra may have been contemplating quitting for some time now because of the overall turbulence with the principal shareholder on the leadership issue.
'I am getting better. Thank you for checking in.'
Search operations have been intensified for four people, who remain missing following a flash flood in Keyi Panyor district of Arunachal Pradesh, officials said on Friday.
The automobile maker entered the passenger car segment last year with only one model, but failed to impress the market. It is now banking on new launches to boost sales.
The still-unnamed sports utility vehicle (SUV), slated for launch this June, will be in line with its heritage, says Force Motors managing director Prasan Firodia.
'The Indian private space sector is no longer a high-risk bet; it is a highly bankable, globally competitive asset class capable of easing the global small satellite launch bottleneck.'
Force Motors on Thursday said it will launch a hybrid variant of its commercial vehicle 'Traveller' by the end of 2012 after unveiling to the public at the upcoming Auto Expo next month.
The Indian Sports Ministry, led by Minister Manuskh Mandaviya, is establishing a dedicated Task Force to explore the revival of Formula One racing in India. This initiative follows a meeting with key stakeholders, aiming to assess the challenges and benefits of hosting major motorsport events, with a target of bringing F1 back by 2028. The Task Force will recommend a comprehensive policy framework to support motorsports growth, leveraging India's significant F1 fanbase.
The Delhi government has approved the Delhi EV Policy 2.0, which will phase out fresh registrations of internal combustion engine (ICE) two-wheelers and three-wheelers over the next two years, starting with a ban on ICE 3Ws and N1 category LCVs from January 1, 2027, and ICE 2Ws from April 1, 2028.
Jannik Sinner's Wimbledon title defence gathered pace on Friday as the world number one swept aside American Jenson Brooksby 6-4 6-3 6-4 to enter the fourth round and reinforce his status as the man to beat at the All England Club.
Prime Minister Narendra Modi and Indonesian President Prabowo Subianto have significantly advanced the India-Indonesia Comprehensive Strategic Partnership, securing crucial agreements on defence, critical minerals, and maritime security, including BrahMos missile supply and Sabang port development.
