Automotive, EVs & Mobility
Passenger vehicles, EV battery gigafactories, autonomous safety, auto component exports and mobility.
Top 10 Stories in Automotive, EVs & Mobility
Continuous reported updates and desk briefings in Automotive, EVs & Mobility
⚡ Lead Investigation in Automotive, EVs & Mobility
"Blackstone Set to Buy 15% Stake in IIFL for Rs 5,000 Crore"
Blackstone is poised to invest about Rs 5,000 crore for a 15% stake in IIFL Finance, in a transaction that would significantly deepen the global private equity firm’s exposure to India’s financial services market. Promoters Nirmal Jain and R Venkataraman are expected to put in Rs 1,200 crore to maintain their combined holding at roughly 25%, while investor Rohit Kothari, through Anchorage Capital, will add about Rs 100 crore, taking the total capital infusion to more than Rs 6,200 crore.
Full Automotive, EVs & Mobility Story Archive
Browse, filter, and explore all verified dispatches from national correspondents.
IIFL Finance Board to Review Blackstone, Advent Proposals for Nearly Rs 5,000 Crore Capital Raise
IIFL Finance’s board is set to consider separate investment proposals from Blackstone and Advent International for a capital infusion of nearly Rs 5,000 crore, in a move that could reshape the lender’s ownership and growth trajectory. The company is also evaluating a potential transaction linked to Fairfax’s stake sale, adding another layer of strategic complexity to the fundraising process.
Blackstone Set to Buy 15% of IIFL for Rs 5,000 Crore in Major Capital Infusion
Blackstone is set to invest about Rs 5,000 crore for a 15% stake in IIFL Finance, in a transaction that would mark one of the largest private capital infusions into an Indian financial services company this year. Promoters Nirmal Jain and R Venkataraman will also invest Rs 1,200 crore to keep their combined holding near 25%, while investor Rohit Kothari, through Anchorage Capital, will add about Rs 100 crore, taking the total infusion to more than Rs 6,200 crore.
45.6% of Indian Households Now Use Digital Channels for at Least One Purchase, Report Finds
Nearly half of Indian households now use online shopping or digital payments for at least one purchase, underscoring the steady mainstreaming of digital commerce across the country. But the report also shows a sharp divide: 54.4% of households still rely on traditional payment methods, while adoption is strongest in consumables and services and rises with higher monthly spending.
How Indian Investors Can Compare Forex Investing Costs, Execution and Hidden Fees
Indian investors entering international markets are increasingly being told to look beyond headline commissions and examine the full cost of trading. In forex and overseas investing, spreads, execution quality, transfer charges and platform-level fees can materially affect returns, especially for frequent traders and smaller portfolios. The real test is not just what a broker advertises, but what an investor actually pays after conversion, slippage and settlement.
CFOs and CHROs Emerge as Strategic Drivers in India’s Mobility Reset
Finance and human resources leaders are taking on a far broader mandate in India’s automotive, EV and mobility sector, moving from control functions to strategic partners shaping growth, resilience and technology adoption. As companies face volatile demand, capital intensity and rapid electrification, CFOs and CHROs are increasingly central to aligning financial discipline with workforce transformation.
45.6% of Indian Households Now Use Digital Channels for Purchases, Report Finds
Nearly half of Indian households now use online shopping and digital payments for at least one purchase, underscoring the steady mainstreaming of digital commerce across the country. But the report also shows a sharply divided market, with 54.4% of households still relying on traditional payment methods and adoption varying widely by category and income level.
Make in India Enters Deeper Manufacturing Phase, Says CII
India’s manufacturing push is moving beyond capacity expansion toward stronger domestic supply chains, technology development and tighter integration with global markets, the Confederation of Indian Industry said as the Make in India initiative marked 12 years. The shift, CII said, is central to improving the country’s competitiveness in sectors such as automotive, electric vehicles and mobility.
India on Track for $1 Trillion Exports This Fiscal Year, Says Piyush Goyal
India is on course to meet its ambitious $1 trillion export target in the current fiscal year, Commerce and Industry Minister Piyush Goyal said on Wednesday, underscoring the resilience of the country’s trade engine despite a volatile global environment. He also highlighted growing foreign investor interest and fresh manufacturing opportunities, particularly in the automobile sector, as India seeks to deepen its role in global supply chains.
PNB Housing Targets Fourfold Expansion in Corporate Loan Book to Rs 3,000 Crore by March 2027
PNB Housing Finance is planning a sharp expansion of its corporate lending business, aiming to scale the portfolio nearly four times to Rs 3,000 crore by the end of March 2027. The company said the push will complement, not replace, its core retail housing franchise, even as it keeps its overall loan growth guidance unchanged at 18-20% for the current financial year despite a higher-rate environment.
Bigger Loans Lift Digital Lenders’ Books 28% as Outstanding Accounts Edge Lower
India’s digital lenders have posted a 28% jump in personal-loan portfolios over the past year, even as the number of outstanding accounts slipped to 5.64 crore, underscoring a shift toward larger borrowing per customer. New loan sanctions rose 50%, reflecting strong demand from younger borrowers and consumers with limited credit histories.
Blackstone Set to Buy 15% of IIFL in Rs 5,000 Crore Deal
Blackstone is poised to invest about Rs 5,000 crore for a 15% stake in IIFL Finance, in a transaction that would mark one of the largest recent private capital infusions into an Indian financial services company. Promoters Nirmal Jain and R Venkataraman are expected to invest Rs 1,200 crore to maintain their combined holding at roughly 25%, while Rohit Kothari, through Anchorage Capital, will add about Rs 100 crore, taking the total capital raise beyond Rs 6,200 crore.
Adani Group Seeks $1.5 Billion Loan to Fund Data Center Expansion
Adani Group is in talks to raise about $1.5 billion in debt financing for its data center push, underscoring the conglomerate’s growing bet on digital infrastructure as a long-term growth engine. The proposed funding would support AdaniConneX, its joint venture with EdgeConneX, as the group accelerates investment in capacity tied to India’s surging demand for cloud, AI and enterprise computing.