Tata Motors enters to E-cargo mobility, launches Ace EV cargo vehicle

Tata Motors, India’s biggest commercial vehicle manufacturer, on Thursday launched a battery­ electric version of its popular mini truck Ace which it plan to launch commercially next quarter. The launch would mark Tata Motor’s charge into the electric cargo segment of commercial vehicles. The company also signed an MoU with various e-commerce and logistics companies…

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Weekly Report: Indian Markets fallen close to 2%, Auto stocks are gain, while IT, media stocks are down.

The Indian equity benchmark indices are down nearly 2 percent in a highly volatile week ended April 22. The mixed earnings by corporates, rising bond yields, Russia-Ukraine crisis, high inflation and expectation of aggressive rate hike by the U.S. Fed in May dampened the investor’s view. For the week, Nifty50 fallen 303.65 points (1.73%) to end…

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