logo
Auto recap, April 3: MG Windsor Pro to get V2L, Tata Altroz facelift teased, Ola Roadster X delivery delayed & more…

Auto recap, April 3: MG Windsor Pro to get V2L, Tata Altroz facelift teased, Ola Roadster X delivery delayed & more…

Hindustan Times04-05-2025

Here is your quick check on the biggest developments in the world of automobiles. Here is your quick check on the biggest developments in the world of automobiles.
Given the rapid progress in the automotive sector, keeping up with developments can be challenging. However, HT Auto is committed to providing timely updates on significant changes in the industry. Below is a summary of the main highlights from Saturday, May 3.
Tata Altroz Facelift teased ahead of launch
Tata Motors has dropped the first official teaser for the upcoming Altroz facelift on social media. The teaser video reveals key changes we can come to expect from the updated hatchback, five years after it first went on sale in late 2019. The new Tata Altroz is all set for a mid-lifecycle upgrade, sporting styling changes, new features, and possibly an improvement in mechanicals. Tata will be launching the Altroz facelift on May 22, 2025.
Also Read : Tata Altroz Facelift teased ahead of launch. Previews new look, more features Confirmed: MG Windsor Pro to come with V2L
JSW MG Motor India is all-set to launch the Windsor Pro in the Indian market on May 6. Now, the brand has confirmed that the Windsor Pro will come with V2L or Vehicle-to-Load functionality. The V2L technology enables the powering and charging of electronic devices without producing emissions. This capability allows for the support of modern, electrified lifestyles in off-grid areas where electricity is unavailable. V2L utilises the battery pack of electric vehicles to supply power to other devices.
Also Read : Confirmed: MG Windsor Pro to come with V2L Ola Roadster X deliveries delayed once again, will now begin later this month
Ola Electric has delayed the delivery of the Roadster X electric motorcycle. In a regulatory filing, Ola Electric announced that deliveries for its maiden electric bike will now begin in May, as against the previously promised timeline of April 2025. The Bhavish Aggarwal-led company had originally promised deliveries from March onwards, but delayed them by a month. This is the second delay for the Roadster X. It's unclear if this will affect the arrival of the Roadster and Roadster Pro models, which also made their debuts alongside the X variant.
Also Read : Ola Roadster X deliveries delayed once again, will now begin later this month ⁠Hero HF 100 receives OBD-2B compliance, priced at ₹ 60,118
Hero MotoCorp is updating its lineup to meet the new emission standards, and the latest offering to receive the same is the HF 100. The Hero HF 100 is the brand's entry-level commuter motorcycle, and the bike has been updated to meet the OBD-2B compliance requirements. The updated HF 100 is priced at ₹ 60,118 (ex-showroom, Delhi), commanding a hike of ₹ 1,100 over the older version. The Hero HF 100 is the most accessible motorcycle from the manufacturer. There are no changes to the design and styling of the bike with the latest update. The bare-bones motorcycle keeps the essentials in check and offers a rugged build and a reliable motor.
Also Read : ⁠Hero HF 100 receives OBD-2B compliance, priced at ₹ 60,118
Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape.
First Published Date: 04 May 2025, 08:35 AM IST

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

JACKPOT for investors of this Anil Ambani company as it provides 133% returns in..., not Reliance Power, Reliance Infra, the company is...
JACKPOT for investors of this Anil Ambani company as it provides 133% returns in..., not Reliance Power, Reliance Infra, the company is...

India.com

time11 hours ago

  • India.com

JACKPOT for investors of this Anil Ambani company as it provides 133% returns in..., not Reliance Power, Reliance Infra, the company is...

Anil Ambani (File) In a major boost for investors of Anil Ambani-led Reliance Group, the shareholders of the group's little-known Reliance Home Finance, has have earned a return of 133 percent on their investment in just month. According to data from the Bombay Stock Exchange (BSE), Reliance Home Finance shares, which were trading below Rs 10 a little while ago, have surged by 133.03 percent in a single month, gaining 18.86 percent in the past week, and an impressive 51.08 percent over two weeks. The stock of Reliance Home Finance has significantly outpaced the more prominent firms of Anil Ambani-led Reliance Group, such as Reliance Power and Reliance Infrastructure. As per data, investor have received one-month return of 133.03 per cent, compounded by a three-month surge of 149.68 percent, and six-month appreciation of over 101 percent. Why Reliance Home Finance stock has surged rapidly? According to analysts, speculative interest, short-term momentum, and low base effect, could be among the factors driving the rise of the stocks, even as the company has not publicly announced any significant turnaround in recent months. Currently, the market capitalisation of Reliance Home Finance stands at Rs 372.63 crore. Meanwhile, despite its golden run, the company lacks a Durability Score, making it ineligible due to weak or inconsistent financials, as per Trendlyne data. Analysts have also warned that the company's stock is currently in the 'P/E Sell Zone', which means it traded below its current P/E ratio of 15.3 nearly 80 percent of the time, indicating that most of the immediate upside could already be priced in. Reliance Infra scripts history Meanwhile, Anil Ambani-led Reliance Infrastructure achieved a historic milestone in India's defense sector, by becoming the first private firm to independently carry out a complete upgrade programme of a military aircraft without an original manufacturer (OEM). According to details, Anil Ambani-led Reliance Infra has successfully upgraded 55 Dornier-228 aircraft under a contract signed with state-owned Hindustan Aeronautics Limited (HAL), in which US-based Genesys Aerosystems was also a technical partner. The initial contract was for 37 aircraft, but Reliance Infra secured another order for 18 more Dornier-228 upgrades after successfully completing the first order.

Karnataka Bike Taxi Ban to Take Effect
Karnataka Bike Taxi Ban to Take Effect

Hans India

time15 hours ago

  • Hans India

Karnataka Bike Taxi Ban to Take Effect

Bengaluru: As the clock strikes midnight on June 15, Karnataka's bustling bike taxi services, a lifeline for millions in traffic-choked Bengaluru, will grind to a halt. The Karnataka High Court's refusal on Friday to stay an order banning operations from June 16 has sealed the fate of aggregators like Rapido, Ola, and Uber, marking a contentious end to a decade-long run in urban mobility. This decision, rooted in the state government's failure to frame a legal framework, has ignited a firestorm of criticism, with fears of job losses, worsening traffic, and a blow to the gig economy. Bike taxis first emerged in Karnataka around 2015, with Rapido capitalising on Bengaluru's notorious congestion to offer affordable, nimble last-mile connectivity. Ola and Uber soon followed, tapping into a demand that public transport struggled to meet. By 2021, the BJP-led government launched an ambitious Electric Bike Taxi Scheme, positioning Karnataka as a pioneer in green mobility and job creation. Yet, the initiative faced immediate backlash from auto-rickshaw and taxi unions, who saw the cheaper fares as a threat to their livelihoods. The scheme's withdrawal in March 2024, citing safety concerns and misuse of non-transport bikes, underscored the political clout of these unions. A 2022 interim High Court order had briefly allowed operations to continue, but the April 2, 2025, ruling by Justice B M Shyam Prasad demanded a regulatory framework within three months, which is a deadline the Congress-led government ignored. The court's latest refusal to extend relief, reported by legal analysts, reflects this inaction, leaving operators with no recourse. The ban's immediate impact will be felt by over 600,000 riders and commuters, according to Rapido's estimates presented to the court. Social media has amplified the outcry. Former Infosys CFO T V Mohandas Pai took to social media platform X, urging Chief Minister Siddaramaiah and Deputy Chief Minister D K Shivakumar to reconsider, calling the ban 'anti-citizen.' 'Please allow Bike taxis in Bengaluru. They are providing huge jobs, and very useful service for citizens. Our Metro is way behind schedule, bus service inadequate, we cannot have more using personal vehicles. Bike taxis reduce vehicles. Why is our govt hurting citizens like this? This is Anti Citizen', he said. Bengaluru, often dubbed the 'Silicon Valley of India,' grapples with some of the world's worst traffic. Bike taxis, with a Passenger Car Unit (PCU) of 0.38 for two passengers, offered a leaner alternative to cars (PCU 1.0). Their removal, critics argue, will clog roads further, forcing commuters into costlier autos or private vehicles. The state government defends the ban, citing safety risks and the lack of a legal framework under the Motor Vehicles Act, 1988. Yet, no concrete data supports these claims, and the 2019 Bangalore Metro Rail Corporation Limited (BMRCL) report, which opposed bike taxis, focused on congestion without addressing operational safety. The ban's roots lie in a decades-old rivalry between traditional transport unions and modern aggregators. Auto unions, celebrating the court's decision, have long pressured the government which is a dynamic that led to the 2024 scrapping of the electric bike policy. This contrasts with a January 2024 Union Ministry of Road Transport and Highways advisory encouraging states to legalise bike taxis; a trend Karnataka has bucked. Globally, cities like Jakarta thrive with regulated two-wheeler taxis, supporting 1.5 million drivers. In India, Maharashtra and Delhi are drafting frameworks, making Karnataka's stance an outlier. From June 16, enforcement will begin, with Transport Commissioner A M Yogesh confirming compliance with the court order last month. Riders may pivot to informal services, raising safety concerns without oversight. The ball is now in the government's court to draft regulations, but with the three-month deadline lapsed, optimism is low.

GCC boom fuels US demand, US firms drive one-third of office demand in top Indian cities; Bengaluru leads office space race among top 7 cities
GCC boom fuels US demand, US firms drive one-third of office demand in top Indian cities; Bengaluru leads office space race among top 7 cities

Time of India

time16 hours ago

  • Time of India

GCC boom fuels US demand, US firms drive one-third of office demand in top Indian cities; Bengaluru leads office space race among top 7 cities

US-based companies have emerged as the single-largest contributors to India's office space demand in recent years, accounting for over one-third of gross leasing across the top seven cities between 2022 and 2024, according to data from real estate consultancy JLL India. During the three-year period, total office leasing across Delhi-NCR, Mumbai, Bengaluru, Chennai, Kolkata, Hyderabad and Pune stood at 190 million square feet. Of this, US firms alone leased 64.5 million sq ft, with nearly 70% of that space taken to establish or expand Global Capability Centres (GCCs), JLL said. 'India's combination of skilled talent at scale, supportive ecosystem, cost advantages and a growth-oriented policy environment continues to make it an increasingly attractive destination for US corporations looking to establish and expand their global capabilities,' said Rahul Arora, Head – Office Leasing & Retail Services and Senior Managing Director (Karnataka, Kerala) at JLL India, PTI reported. The data underlines sustained interest from US-based multinationals in India's technology hubs, led by Bengaluru, which continues to be the top choice for setting up GCCs. JLL noted that GCC-led requirements formed around 70% of all space demand from US occupiers, signalling strong long-term investment and positioning India as a key hub for R&D, technology and innovation. Technology and BFSI (Banking, Financial Services and Insurance) companies from the US are driving much of this office demand, according to JLL, reflecting a broader global shift towards centralising high-end service operations in India. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store