Bluehill.VC closes maiden fund at Rs 400 cr

Bluehill.vc founders (Left) Manu Iyer and Sridhar Parthasarathy Bengaluru: Chennai-based venture capital firm Bluehill.VC has closed its maiden fund at Rs 400 crore, including a Rs 50 crore greenshoe option. The fund will back early-stage companies working in defence, space, semiconductors, energy and advanced manufacturing.A greenshoe option allows a fund to raise more capital than…

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Auric 2.0 expansion gains momentum as MITL floats tender for programme manager | Chhatrapati Sambhajinagar News

​Chhatrapati Sambhajinagar: Administrative activities for the next phase of Auric, one of the first greenfield smart industrial cities in the country at Chhatrapati Sambhajinagar, have gained momentum.In the run up for planning of Auric 2.0, the Maharashtra Industrial Township Limited (MITL) has issued a national level tender for the appointment of a professional body Program…

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Ethanol or EVs? India needs both for cleaner mobility, says IFGE

India’s shift towards cleaner mobility will require multiple technologies rather than a choice between ethanol and electric vehicles, the Indian Federation of Green Energy (IFGE) said, pointing to the continued presence of nearly 300 million internal combustion engine (ICE) vehicles on the country’s roads.The federation said that ethanol, electric vehicles, hybrids, CNG and hydrogen should…

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MLA writes to CM, calls for 6-month jobs & skill mission | Lucknow News

Lucknow: Sarojininagar MLA Rajeshwar Singh has written to chief minister Yogi Adityanath and Union labour and employment minister, proposing an integrated govt-industry-academia Jobs and Skills Mission to strengthen employment opportunities and improve employability of youth across Uttar Pradesh.Singh has proposed that all 75 districts of Uttar Pradesh should hold simultaneous jobs and skills fairs on…

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Maruti’s multi-powertrain bet pushes green-car share past 50% | Chennai News

Chennai: More than half of Maruti Suzuki India’s domestic passenger vehicle sales in FY26 came from what the company classifies as “green vehicles”, indicating its bet on multiple technologies rather than a single route to cleaner mobility. The category—which includes CNG cars, mild hybrids, strong hybrids and battery-electric vehicles—accounted for 52% of sales in FY26,…

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New UPSIDA chief pushes to make state investment hotspot | Kanpur News

Newly appointed chief executive officer of UPSIDA, Balkar Singh, during his first review meeting with senior officials Kanpur: Newly appointed chief executive officer of UP State Industrial Development Authority (UPSIDA), Balkar Singh assumed charge on Thursday and held his first review meeting with senior officials at the authority’s headquarters in Kanpur. During the meeting, he…

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Telangana govt begins framing Motor Vehicle Aggregator Policy | Hyderabad News

Transport minister Ponnam Prabhakar said the proposed policy aims to make app-based transport services safer, more transparent and passenger-friendly while laying down clear rules for aggregators operating in the state. Hyderabad: After years of rapid growth in app-based transport services operating with limited state-specific regulation, the Telangana govt has begun framing its first comprehensive Motor…

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E20 concerns fuel rise in EV inquiries across twin cities | Bhubaneswar News

Customers check e-scooters at a showroom Bhubaneswar: As E20-blended petrol becomes the norm across fuel stations in Odisha, a growing number of vehicle owners are turning their attention towards electric vehicles (EVs). The trend is driven by concerns over the compatibility of older vehicles, apprehensions about fuel efficiency and the increasing cost of pure petrol.Automobile…

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