![Mirae launches India's first electric vehicle and new-age auto ETF](https://images.assettype.com/fortuneindia%2F2022-02%2Ffa991a39-70cf-460a-8fdd-e0fb0e7ca399%2FNSE_MG_2774_copy.jpg?rect=0,130,2880,1440&w=300&q=95)
Mirae launches India's first electric vehicle and new-age auto ETF
The New Fund Offer (NFO) for Mirae Asset Nifty EV and New Age Automotive ETF will open for subscription on June 24, 2024 and close on July 5, 2024.
The New Fund Offer (NFO) for Mirae Asset Nifty EV and New Age Automotive ETF will open for subscription on June 24, 2024 and close on July 5, 2024.
Uday Samant, in a social media post on X in Marathi, highlighted the investment's potential to generate additional job opportunities in Maharashtra's industrial landscape.
Tata Motors shares see sharp selling as brokerages cut target prices post Q4.
Ramkrishna Forgings expects the EV segment to contribute 6% to the company's consolidated revenue
The proposed structure would enable optimising synergies across Tata Motors’ passenger vehicles and EV businesses in India and JLR, says Moody’s.
One old vehicle pollutes as much as 50 new vehicles, says Willard Cutler
Reacting to the demerger plan, shares of Tata Motors gained as much as 4.5% to scale a new peak of ₹1,031.70 on the BSE.
Tata Motors registers 20% rose in domestic passenger vehicle sales
The auto major’s profit and revenue grew 37% and 30%, respectively, in Q3 FY24, driven by strong growth in operating profit and surge in volume.
SUVs in particular saw strong demand, with extended waiting periods for key models.