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Monday, November 24, 2025
TopicCars

Topic: Cars

Cars24 to raise $350 mn from SoftBank, others, aims for IPO

The fundraising would value India’s biggest online marketplace for used automobiles at close to $2 billion. It plans to go public in 18 to 24 months.

Nearly half of all prospective new car buyers are thinking of going electric, study suggests

No less than 41 per cent of those who say they intend to purchase a new car are considering an EV — 66 per cent of them in the next 12 months.

Families with 1 flat shouldn’t have 4-5 cars, says Bombay HC on PIL for parking space issues

The bench was hearing a PIL challenging a govt notification amending the Unified Development Control and Promotion Regulations Rules, permitting developers to reduce parking space.

How cars fueled by ethanol can add to India’s food inflation

While use of ethanol has many advantages for India, diverting sugar for its production may be the biggest change for the global sugar industry and could drive a bull market.

Kushal S. Chandi – a 19-year-old who is already a master blogger & the CEO of a company

Kushal's passion for exotic cars led him to set up Platinum Concierge Group. He also blogs on cars.

Sanskar Daryani — a car enthusiast who owns a comprehensive fleet of supercars

Besides being a car reviewer, influencer and vlogger, Sanskar Daryani also takes care of his family's confectionary business.

How car racing took off in Calcutta — with Maharajas, makeshift airfield, and Alfa from Italy

In ‘The Automobile’, Gautam Sen chronicles India’s love for cars and Calcutta’s own Grand Prix.

Second-hand car dealers in India now have billion-dollar valuations, thanks to Covid

Used-car retailers in India, Mexico and the UK have achieved $1 billion ‘unicorn’ valuations.

Apple plans to build self-driving cars for consumers by 2024

Apple is developing its own battery technology that could reduce the cost of power packs & is tapping outside partners for elements of the system, Reuters reported.

Gurgaon-based used car website Cars24 is the latest Unicorn startup

Car24’s valuation jumped to more than $1 billion after a new round of funding, which included $200 million from DST Global, an investment firm led by billionaire Yuri Milner.

On Camera

DPDP Act will change how we interact with the internet. Get ready for the consent mails

India does not have a data protection regulator to make good on the DPDP Act’s promise and articulate clear future standards.

172 countries & counting, India looks to hit new record in rice exports. But there’s a flip side

The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.

US pilot says his team pulled out of Dubai Air Show after Tejas crash out of respect for IAF pilot

Taylor ‘Fema’ Hiester, commander of USAF F-16 Viper Demo Team, hit out at air show organisers for continuing with the show after Wing Commander Namansh Syal lost his life in the incident.

A tribute to Tejas. India’s delay culture is the real enemy in the skies

It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.