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Indian conglomerate Murugappa Group’s electric vehicle (EV) arm, TI Clean Mobility (TICMPL), has signed a definitive agreement to raise INR 580 Cr ($69.4 Mn) in a mix of equity and compulsorily ...

The company has already invested about ₹750 crore in the EV business. Murugappa Group's engineering flagship, Tube Investments of India (TII), plans to invest an additional ₹500 crore – ₹750 crore in ...

Mr. Arun Murugappan, Chairman, Montra Electric (TI Clean Mobility Private Limited) flagged off and handed over the first PM E-DRIVE–certified Rhino 5538 EV to UltraTech Cement Limited. Montra Electric ...

Chennai: Murugappa Group's engineering flagship, Tube Investments of India (TII), plans to invest an additional Rs 500 crore – Rs 750 crore in its electric vehicle subsidiary, TI Clean Mobility, as it ...