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Magenta teams up with Switch Mobility to acquire 500 Switch IeV4

Magenta teams up with Switch Mobility to acquire 500 Switch IeV4

7 May 2024 7:32 PM IST
500 units of Switch IeV4 will be procured by Magenta Mobility over a two-year period.
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With the addition of 1400 new Ashok Leyland ICVs, the logistics start-up and its associates aim to become the top fuel bowsing and gas cylinder logistics company in India.

Procure Box places order for 1,400 commercial vehicles from Ashok Leyland

21 Sept 2020 12:48 PM IST
September 21, 2020: Logistics startup company, Procure Box, placed a large order of 1400 intermediate commercial vehicles (ICVs) from Hinduja Group’s...
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The group has already received approval of key stakeholders, including founder Naresh Goyal and Etihad Airways, which hold 51 percent and 24 percent stakes respectively in Jet. Of Goyal’s 51 percent, 31.2 percent is pledged with lenders.

Hinduja Group admits evaluating possible bid for Jet Airways’ revival

21 May 2019 3:25 PM IST
The Hinduja Group has admitted that it is evaluating a revival bid for the cash-strapped Jet Airways which shut operations on April 17.
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