ZF rebrands its passive safety systems division to ZF Lifetec

ZF Group has announced the rebranding of its Passive Safety Systems division to “ZF LIFETEC”. The new branding is part of the current legal separation of the Passive Safety Systems division within the ZF Group.

BYD rolls off 7 millionth New Energy Vehicle

On March 25th, BYD, the world's leading manufacturer of new energy vehicles and power batteries, became the world's first automaker to roll off its 7 millionth new energy vehicle, the Denza N7, symbolizing another g...

MG Motor India is now JSW MG Motor India Pvt Ltd

SAIC Motor, a global Fortune 500 company with annual revenues of around US$ 110 billion and a presence in over 100 countries and the US$ 23 billion JSW Group, (India’s leading conglomerate with interests across B2B ...

iVOOMi rebrands as “iVOOMi co-powered by Intex”

iVOOMi, a leading electric two-wheeler manufacturer, announced its rebranding as “iVOOMi co-powered by Intex”. With a purpose of going highly ambitious with much larger goals to achieve ahead, the company declared t...

India’s first automobile in-plant railway siding at Suzuki Motor Gujarat

Prime Minister Narendra Modi inaugurated India's first automobile in-plant railway siding at Suzuki Motor Gujarat Private Limited, a wholly-owned subsidiary of Maruti Suzuki India Limited (MSIL) via video conferenci...

Revent Precision sets up new facility in partnership with ECS Mobility

Revent Precision Engineering, in collaboration with ECS Mobility, has announced the establishment of a new state-of-the-art manufacturing facility in Dharuhera, Haryana.

Significant lack of female representation, says CEO of Oben Electric

On International Women’s Day 2024, Madhumita Agrawal, Founder and CEO of Oben Electric noted that the Indian auto industry faces a critical challenge: a significant lack of female representation, particularly in lea...

Asiabrake 2024 explores latest advancements, trends in brake systems engineering

Asiabrake 2024, the 10th Annual Conference & Exhibition has brought together industry leaders, experts, and enthusiasts to explore the latest advancements and trends in brake systems engineering.

XLRI Delhi-NCR to set up India’s first dedicated school of automobile design, management

Driven by a strong post-pandemic revival, evolving consumer tastes and need for sustainable mobility solutions, India's automotive sector is poised for its next phase of growth. A critical component will be the capa...

Ajay Shanker is Ultraviolette CFO; Company partners with Mantra Academy

Ultraviolette Automotive, an electric two wheeler manufacturer, has appointed Ajay Shanker as its Chief Financial Officer (CFO). Ajay comes with a rich background spanning over 25 years in pivotal financial roles at...

Omega Seiki, Attero plan to recycle over 100 MWh of battery in next 3-4 years

In a landmark move for both the electric vehicle (EV) sector and e-waste management, Omega Seiki Private Limited (OSPL), a prominent figure in the electric vehicle industry, and Attero, a distinguished leader in e-w...

Prime Minister reviews India's first indigenous alkaline electrolyser by BPCL

Bharat Petroleum Corporation Limited (BPCL), a leading player in the energy sector, marked a significant milestone at the India Energy Week 2024 in Goa. Prime Minister Narendra Modi reviewed the operation of the fir...

JK Tyre showcases future-ready products at Bharat Mobility Global Expo 2024

Indian Tyre Industry major, JK Tyre& Industries showcased its wide range of advanced products, backed by technological excellence at India’s first Bharat Mobility Global Expo 2024.

ASDC advocates skilling for EV industry at Bharat Mobility Global Expo -2024

Automotive Skill Development Council (ASDC), operating under the Ministry of Skill Development and Entrepreneurship, made a remarkable presence at India's inaugural Bharat Mobility Global Expo – 2024.

Beginning of golden period for mobility sector, says PM

“India is on the move and is moving fast”, said Prime Minister Narendra Modi while addressing a programme at India’s largest and first-of-its-kind mobility exhibition - Bharat Mobility Global Expo 2024 at Bharat Man...

Honda India Group of Companies showcase technological excellence

Honda’s group of companies in India, comprising Honda Motorcycle & Scooter India (HMSI),Honda Power Pack Energy India (HEID), Honda Cars India Limited (HCIL)& HIPP (Honda India Power Products) is participating in th...

Big thrust on strengthening  EV ecosystem in Interim Budget 2024-25

Business leaders in the automotive space hailed the Interim Budget 2024-25 presented by Finance Minister Nirmala Sitharaman for its clear focus on strengthening the electric vehicle ecosystem at large.

Maruti Suzuki Fronx SUV clocks fastest 1 lakh sales

Maruti Suzuki Fronx SUV from Nexa has become India’s fastest passenger vehicle to achieve 1 lakh sales milestone since launch, in just 10 months, setting a new industry benchmark. The Fronx was unveiled globally at ...

GreenLine Mobility, Netradyne tie up to enhance fleet, driver safety

Netradyne, a provider of AI technology for fleet and driver safety, has announced its collaboration with GreenLine Mobility Solutions, India's premier LNG-powered heavy trucking logistics company.

Altair collaborates with Indian Institute of Technology Madras on EV tech

Altair, a global leader in computational science and artificial intelligence (AI), announced its collaboration with the Indian Institute of Technology (IIT) Madras to establish an eMobility simulation lab on the ins...

Automobili Lamborghini delivers over 10,000 cars in 2023; 103 cars in India

In the year 2023 that marked the 60th anniversary of its foundation, Automobili Lamborghini set a record that will live in the company's history. For the first time, the House of Sant'Agata Bolognese delivered more ...

LMG Manufacturing GmbH inaugurates i-Force plant in Hoym, Germany

The aluminum die-casting specialist LMG Manufacturing inaugurated its new production hall in Hoym/Seeland after just ten months of construction.

Tata Passenger Electric Mobility commences production at new facility in Sanand

Tata Passenger Electric Mobility Ltd. (TPEM), a subsidiary of Tata Motors, announced the start of production of passenger vehicles from its new factory in Sanand, Gujarat. This event marks a significant milestone fo...

BMW sells record 14,172 cars, 8768 bikes in CY 2023 in India

BMW Group India has continued its record-breaking success in 2023 by posting the best-ever annual sales (January – December) – for all three brands – BMW, MINI and BMW Motorrad. BMW Group India delivered 14,172 cars...

Hyundai Motor India commits additional Rs 6180 Crore for Tamil Nadu

Hyundai Motor India Limited (HMIL), announced Rs 6 180 crore investment plans in the state of Tamil Nadu (this includes Rs 180 crore towards a dedicated ‘Hydrogen Valley Innovation Hub,’ in association with IIT- Mad...

HMSI inaugurates new 3rd assembly line at Gujarat plant

Honda Motorcycle & Scooter India(HMSI) inaugurated a new3rd assembly line at its fourth two-wheeler plant at Vithalapur in the state of Gujarat (India)adding a capacity of 6.5 lakh units

Hyundai focus on global hydrogen ecosystem, carbon-neutral activities

Hyundai Motor Group held its 2024 New Year address at Kia AutoLand Gwangmyeong, the first dedicated electric vehicle (EV) plant in Korea, looking forward to the year ahead and outlining the Group’s key areas of focu...

HMSI celebrates 15 million customers milestone in Western India

Honda Motorcycle & Scooter India (HMSI) has achieved a remarkable feat by crossing the 15 million customers mark in western region of India.

Tata Passenger Electric Mobility inaugurates exclusive TATA.ev stores

Tata Passenger Electric Mobility (TPEM), a subsidiary of Tata Motors launched its Tata.ev stores, catering solely to EV customers, in the prominent auto hubs of Sector 14 and Sohna Road, Gurugram. These stores will ...

Indian auto component industry grows 12.6pc to Rs. 2.98 lakh crore

Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry announced the findings of its Industry Performance Review for the first half o...

iVoomi  to focus on enhancing battery tech, introducing cloud data connectivity

iVoomi, an electric two-wheeler OEM, is all set to redefine the way people experience electric vehicles by focusing strong on enhancing battery technology and introducing cloud data connectivity.

Continental, Synopsys provide vehicle digital twin capabilities

Continental announced a collaboration with Synopsys to accelerate the development and validation of software features and applications for the Software-Defined Vehicle (SDV).

India should avoid going the US way and slow down buying of SUVs

India a country with one of the highest fatal road accidents should avoid going the United States (US) way of going in for more for Sports Utility Vehicles (SUVs) as they make the roads less safe for other small c...

Cashless medical treatment to all injured accident victims soon, says Govt

Union Ministry of Roads Transport & Highways (MoRTH) is planning to introduce cashless medical treatment to all injured accident victims across the nation within the next three to four months.

Maruti Suzuki crosses 10 lakh automatic vehicle sales milestone

Maruti Suzuki India Limited (MSIL) has crossed the 10 lakh automatic vehicle sales milestone. As a pioneer brand in automotive innovation, Maruti Suzuki has played a critical role in popularising two-pedal automatic...

Christopher Marsh to head Surface Solutions Business in Continental India

Christopher Marsh took charge as the head of the Surface Solutions business and the Pune Plant in India on October 01, 2023. He succeeds Landry Tchapda who now at the end of his assignment has been assigned another ...

Hyundai Motor, Kia strengthen power semiconductor supply

Hyundai Motor Company and Kia Corporation signed a strategic partnership with Infineon Technologies AG,a global semiconductor leader, to secure power semiconductors in support of the growing electric vehicle demand ...

BMW Group India records best-ever year to date performance for all brands

After posting the best-ever half-year in 2023, BMW Group India continues the success story by posting the best-ever year to date sales (January – September) – for all three brands – BMW, MINI and BMW Motorrad. In th...

Mercedes-Benz sells 12,768 cars in Jan-Sept 2023; registers 11% YOY growth

Luxury car maker Mercedes-Benz India announced strong sales momentum in the January-September 2023 period, delivering 12,768 new cars to customers. With a growth of 11% YTD, Mercedes-Benz continued to witness all-ro...

Indian automotive industry could reach $1 trillion by 2035: Arthur D. Little Report

India's automotive industry can become a global hub for design, development, and production, appealing to international mark. The Indian automotive industry can drive investments and collaboration, paving the way fo...

Domestic market for PVs with ADAS to cross $1 b by fiscal 2028: Crisil

According to a Crisil Market Intelligence & Analytics report, the domestic market for passenger vehicles with ADAS or Advanced Driver Assistance System s will cross US 1 billion by financial year 2028.

Maruti Suzuki Grand Vitara clocks fastest 1 lakh unit sales in mid-SUV segment

Maruti Suzuki Grand Vitara rings in its first anniversary with a remarkable milestone of fastest 1 lakh sales in the Mid-SUV segment in less than a year. This achievement is a testament to Grand Vitara's astounding ...

Premium electric motorcycle startup Raptee raises $3 million

Premium electric motorcycle startup, Raptee has raised $3 Million in a Pre Series A round led by deep-tech VC fund Bluehill Capital

Revamp Moto begins production of 120 bikes at Nasik microfactory

Revamp Moto, a modular electric two-wheeler manufacturer, announced the launch of commencement of production of the first 120 bikes called the RM Buddie 25 at India’s first microfactory and the company’s facility in...

Shradha Suri Marwah is President, Vikrampati Singhania, VP, ACMA

The Automotive Component Manufacturers Association (ACMA), the apex body of the Indian auto component industry, announced the appointment of Shradha Suri Marwah, Chairperson & Managing Director, Subros Limited as Pr...

Indian Govt launches Bharat NCAP (New Car Assessment Programme)

Union Minister of Road Transport and Highways Nitin Gadkari launched the Bharat New Car Assessment Programme (Bharat NCAP) in New Delhi aiming to enhance road safety by elevating vehicle safety standards for up to 3...

Gogoro, Swiggy announce electric vehicle partnership in India

Gogoro Inc, a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, announced a vehicle partnership with Swiggy, India’s leading on-demand convenience deliver...

Hyundai Motor India signs purchase  agreement at GM India Talegaon Plant

Hyundai Motor India Limited (HMIL) has signed an Asset Purchase Agreement (APA) for the acquisition and assignment of identified assets related to General Motors India (GMI)’s Talegaon Plant in Maharashtra.

Mahindra unveils new visual identity for Born EVs

Mahindra Electric Automobiles Limited (MEAL), a newly set-up subsidiary of Mahindra & Mahindra, pioneers of the SUV segment in India, unveiled a powerful and distinctive new visual identity for its forthcoming range...

Government to continue FAME subsidy

The government is continuing with the FAME subsidy to bridge the price difference in EV

SIAM launches road safety, awareness programme for school children

The Society of Indian Automobile Manufacturers (SIAM), the apex body of the automobile industry, has launched the "Road Safety Education & Awareness Programme" exclusively designed for school students across the cou...

BorgWarner secures e Heater business uplift with European OEM

BorgWarner has been awarded additional high voltage coolant heater (HVCH) business with a premium European OEM for its mid-size electric vehicle platform, following an initial supply agreement in July 2022 for the O...

SIAM seminar on circular economy through EPR

In order to drive circular economy, the Society of Indian Automobile Manufacturers (SIAM), the apex automotive industry body, organised a seminar on 'Achieving Circularity in the Automotive Industry through Extended...

Magenta Mobility appoints Vishal Sharma as National Head - Asset

Magenta Mobility, an integrated electric mobility solutions provider, has announced the appointment of Vishal Sharma as its National Head - Asset.

iGowise Mobility offers holistic M-PaaS platform to EV companies

iGowise Mobility (iGo), a leading deep-tech smart-mobility startup based in Bengaluru, has announced its initiative to transform the electric vehicle (EV) industry by providing a comprehensive holistic offering for ...

Seven automakers unite to create charging network across North America

Seven of the world’s leading automakers – BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group, Stellantis NV – are creating a joint venture to accelerate the transition to electric vehicles in North ...

Mobec launches India's first portable ev charging franchise network

Mobec, India's fastest-growing network of portable EV charging solutions, has announced the launch of its pan-India franchise network.

Valeo inaugurates new assembly line for ultrasonic sensors in Sanand

Valeo, the global automotive technology provider, has set-up a second line in Sanand, Gujarat, to manufacture Ultrasonic Sensors in India.

Royal Enfield Hunter 350 has a 2 lakh+ community across globe

A 2,00,000+ strong Hunter 350 community across the globe … and still counting! Royal Enfield, global leader in the mid-size motorcycle segment (250cc - 750cc), has crossed the 2,00,000 sales mark for its compact and...

Hyundai foundation launches ‘Eco-Gram’ Waste Management Program

Hyundai Motor India Foundation (HMIF), the philanthropic arm of Hyundai Motor India Ltd. (HMIL), inaugurated a waste management plant in Gurugram.

Mahle positions itself as system champion for e-mobility

“Mahle will position itself as the system champion in e-mobility,” said Arnd Franz, Chairman of the Mahle Management Board and CEO, during a Tech Day in the run-up to the IAA Mobility in Munich in September 2023.

Schaeffler India appoints Aashish Bhatia as President Automotive Technologies

Leading industrial and automotive supplier, Schaeffler India Limited announced the appointment of Aashish Bhatia as President Automotive Technologies (Automotive OE business).

Mahindra XUV700 achieves 100,000 sales milestone

Mahindra & Mahindra has announced the delivery of the 100,000th unit of its flagship SUV, the XUV700. The XUV700 has achieved this milestone in less than 20 months, becoming the fastest SUV from the Mahindra portfol...

Maharashtra, Gogoro to manufacture, deploy smart battery infrastructure

The Indian State of Maharashtra and Gogoro Inc, a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, announced that the Maharashtra government had presente...

Mahindra SUV Scorpio hits 900,000 units milestone

Mahindra & Mahindra announced that it has achieved a production milestone of 900,000 units for the Scorpio SUV, marking a significant achievement for the brand that created the SUV category in India. For over two de...

Schaeffler India inaugurates new manufacturing hall in Savli, Vadodara

Global leading industrial and automotive supplier, Schaeffler India Limited announced the inauguration of manufacturing hall 2 at its manufacturing facility at Savli, Vadodara Gujarat.

Indian Automobile Industry valued at $ 108 Billion in 2022-23: Primus Partners

Primus Partners Pvt. Ltd. (Primus), a pioneer in the realm of management consulting services reported that the automobile industry registered an astounding employment figure of over 1.9 crore++ occupying paramount i...

BYD India partners with Bajaj Finance to offer finance solutions for vehicles

BYD India, a subsidiary of the world's leading New Energy Vehicle manufacturer BYD, announced the signing of a Memorandum of Understanding (MOU) with Bajaj Finance Limited (BFL), the lending arm of Bajaj Finserv Ltd...

ReadyAssist, Okaya EV partner to provide full stack after sales support

ReadyAssist and Okaya EV have announced their strategic partnership to provide a full stack after sale service and emergency assistance to Okaya’s B2B and B2C customers. Okaya EV is an EV 2-wheeler manufacturer and ...

Japan’s Musashi Seimitsu Industries announces E-mobility foray in India

Musashi India, a 100% owned subsidiary of Musashi Seimitsu Industries, Japan and a leading manufacturer of two-wheeler and four-wheeler transmission components in India, has announced its foray in the E-mobility spa...

SMEV petitions NGT to support Green Tax on ICE 2 wheelers

The Society of Manufacturers of Electric Vehicles (SMEV), the registered association representing Indian manufacturers of electric vehicles, has petitioned the National Green Tribunal (NGT) expressing concerns that ...

EV battery manufacturing to drive demand for 2,400 acres of land by 2030:CBRE

CBRE South Asia Pvt. Ltd., India’s leading real estate consulting firm, has announced the findings of its report, ‘Electric Vehicles in India – New Wheels on the Roads’. The report focuses on the real estate strateg...

Simple Energy starts deliveries of Simple One electric scooter

Simple Energy, India's leading electric vehicle and clean energy start-up, commenced deliveries of its revolutionary product, the Super EV - Simple One.

Passenger vehicle sales increase by 4pc in May 2023: FADA

The Federation of Automobile Dealers Associations (FADA) in its Vehicle Retail Data for May’23 has revealed that the passenger vehicle sales have grown by 4 per cent YOY.

2 wheeler sales grow 9.32pc YOY in May 2023: FADA

The Vehicle Retail Data for May’23 released by the Federation of Automobile Dealers Associations (FADA) clearly demonstrates that the two wheeler industry has shown a positive growth.

Retail auto sales records 10pc growth YOY, reveals FADA May 2023 data

Overall, the Indian automobile market has witnessed a resurgence across the various segments for the month of May 2023. This was revealed in the retail sales figures announced by the Federation of Automobile Dealers...

SAIC of China to give up majority equity stake in MG Motor India

MG Motor India, an iconic British automobile brand and part of Chinese auto major SAIC has announced its strategic 5-year business roadmap to Indianise the business operations for sustainable growth and meaningful ...

Stellantis appoints Aditya Jairaj as Deputy MD, Head of Jeep India operations

The Stellantis Group has appointed Aditya Jairaj as the Deputy Managing Director of Stellantis India, effective May 4. Jairaj will also lead the Jeep brand’s operations in the country.

Skoda Auto Volkswagen India launches student car project in India

Skoda Auto Volkswagen India Private Limited (SAVWIPL), which manages the Indian region of five Volkswagen Group brands – Skoda, Volkswagen, Audi, Porsche, and Lamborghini, has announced its first-ever student car pr...

Mobec successfully raises $1 mn during ongoing seed fundraise

Mooting the idea of providing mobile-tech charging for passenger electric vehicles, anytime and anywhere, Mobec Innovations Pvt Ltd, India’s first full-stack M-CAAS (Mobile-Charging as a Service) green company, has ...

JLR to invest 15 billion UK pounds over next five years

JLR announced plans to accelerate its transition to become the world’s leading modern luxury car manufacturer revealing its Halewood plant, in the UK, will become an all-electric production facility and its next gen...

Modern Automotives to export differential pinion shafts to BMW AG

Modern Automotives Ltd. has become the first Indian company to achieve approval for deliveries of differential pinion shaft to BMW AG Munich. The order comprises 2.5 million units to be delivered by 2034.

Tsutsumu Otani is new President, CEO, MD of Honda 2 Wheelers

Honda Motor Co., Ltd. announced the new top management in Honda Motorcycle & Scooter India (HMSI). Tsutsumu Otani will be taking on new responsibility as the President, CEO & Managing Director of Honda Motorcycle &...

Rajan Mittal is new President at Isuzu Motors India

Isuzu Motors India (IMI), a subsidiary of Isuzu Motors Limited, Japan, has announced key changes in the top management. The company which is headquartered in Chennai in Tamil Nadu, has a manufacturing plant in Sri C...

Sun Mobility to power 50000 food delivery vehicles for Zomato

Sun Mobility, the leading provider of energy infrastructure and services for electric vehicles (EVs), has entered into an association with Zomato, an online ordering and food delivery platform, to power 50,000 elect...

BPCL electrifies more than 5,000 kilometers highway stretches

Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company, announced the launch of 19 EV Fast-Charging stations at 110 fuel stations along 15 highways in Karnataka, Kerala and Tamil...

Al-Abdullah Group invests $50 million in Kabira Mobility

Kabira Mobility, an electric bike manufacturer in India known for its KM3000 and KM4000 models, announced that it has secured a $50 million investment from its strategic investor, Al-Abdulla Group (Qatar) at an undi...

India should make 2, 3 wheelers sales 100% electric in next 5 years: Kant

“India should target making two and three-wheelers sales 100% electric in the next five years. This will not only help reduce air pollution but also ensure that we become a global manufacturing champion for electri...

MG Motor India delivers a single-day shipment of 108 Hectors to Orix

MG Motor India announced that it has delivered 108 Hector SUVs over a single business day to Orix India for its Rent-a-Car division. Orix, one of the largest car leasing and rental companies in India, is part of Ori...

BorgWarner announces Brady Ericson, Chris Gropp  as Phinia senior management

BorgWarner has announced Brady Ericson will serve as President and Chief Executive Officer, and Chris Gropp will serve as Executive Vice President and Chief Financial Officer of the separate, publicly traded company...

Skoda Auto Volkswagen India increases its solar rooftop capacity to 18.5MW

As India targets net zero emissions by 2070 and plans to meet 50 percent of its electricity requirements from renewable energy sources by 2030, Skoda Auto Volkswagen India has taken another significant step towards ...

Hero Electric, Dhoot Transmission partner for wiring harness solutions

Hero Electric, India’s largest electric vehicle company, has partnered with Dhoot Transmission Pvt. Ltd for new wiring harness solutions. Under the partnership, Hero Electric’s products will be equipped with the lat...

Continental Automotive is making Indian 2 wheelers safer, tech savvy

Matthias Matic, Head of Safety and Motion Business Area, Continental Automotive Technologies GmbH, Germany noted, “Globally most of our business comes from four wheelers, but in India a big portion of our business c...

Maruti Suzuki commences exports of Grand Vitara

India’s leading passenger vehicle exporter Maruti Suzuki has commenced exports of its highly successful premium SUV, Grand Vitara. The first shipment of Grand Vitara sailed to Latin America from the Kamarajar port r...

Mercedes-Benz hosts first Sustainability Dialogue in India

Mercedes-Benz hosted the first edition of its Sustainability Dialogue in India. The 2023 edition of the dialogue focused on ‘Sustainable Mobility – Accelerating Towards a Green, Inclusive and Safe Future’ to emphasi...

MG Motor India to upskill over 25,000 students in four years under MG Nurture

MG Motor India signed MOUs with 22 colleges as part of its MG Nurture programme to upskill more than 25,000 students in four years. MG Nurture is an initiative that intends to impart future-ready skills to students ...

Maharashtra alliance to build $2.5 billion battery swapping infrastructure

The Indian State of Maharashtra announced a strategic energy partnership with Gogoro Inc. and Belrise Industries (erstwhile known as Badve Engineering Ltd) to establish an unprecedented battery-swapping infrastructu...

Maharashtra alliance to build $2.5billion battery swapping infrastructure

The Indian State of Maharashtra announced a strategic energy partnership with Gogoro Inc. and Belrise Industries (erstwhile known as Badve Engineering Ltd) to establish an unprecedented battery-swapping infrastructu...

Gestamp showcases latest innovations for present, future mobility

Gestamp, the Spanish multinational Tier 1 supplier, specialised in the design, development and manufacturing of components for the automotive sector, announced its fourth hot stamping line in India at the 16th Auto ...

Sona Comstar acquires 54pc stake in sensors, software company Novelic

Sona BLW Precision Forgings Ltd. (Sona Comstar), one of the leading global providers of automotive technology solutions, has signed an agreement to acquire a 54% equity stake in Novelic, a Serbia-based company found...




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