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TVS revs up global design with Italian CoE launch
MUMBAI: Talk about shifting gears. TVS Motor Company has hit the accelerator on global innovation, unveiling its new Global Centre of Excellence (CoE) for Design and Engineering in Bologna, Italy. The move comes with the full acquisition of Engines Engineering S.p.A., the Italian powerhouse behind high-performance motorcycles and Motogp prototypes.
“This Centre marks a milestone in reimagining mobility,” said TVS Motor Company chairman Sudarshan Venu. “By blending Engines Engineering’s racing expertise with our global design and engineering capabilities, we aim to deliver premium, connected, and electric vehicles that set new benchmarks.”
The Italian CoE will act as a concept-to-product innovation hub, integrating world-class engineering teams to speed up product development, enhance design flexibility, and expand TVS Motor’s premium portfolio. It also strengthens Norton Motorcycles, supporting its ambition to craft modern luxury motorcycles that honour its iconic legacy while pushing the boundaries of performance.
Key focus areas include digital simulation, rapid prototyping, modular platform development, AI-driven design tools, advanced materials, and global collaboration with universities, startups, and suppliers. The initiative promises faster development cycles and a pipeline of next-generation scooters, high-displacement bikes, and electric mobility platforms.
With this move, TVS Motor is not just racing ahead in design and engineering but is steering the global motorcycle industry into a future where innovation meets performance and sustainability.
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Kotak Mahindra Bank appoints Ramesh Iyer to board
Veteran financier replaces Ashok Gulati, who retires in March
MUMBAI: Kotak Mahindra Bank has announced a change to its board of directors, with independent director Ashok Gulati set to retire at the end of his term on 5 March.
The company said it has appointed Ramesh Ganesh Iyer as an additional and independent director for a four-year term, effective 17 February, subject to shareholder approval.
Iyer brings more than four decades of experience in financial services. He spent much of his career at Mahindra & Mahindra Financial Services, where he served as vice chairman and managing director before taking on the role of president for the financial services sector and member of the group executive board at Mahindra & Mahindra. He retired from the group in April 2024.
During his tenure, Iyer was instrumental in expanding rural and inclusive finance initiatives, scaling the company’s assets and customer base. He also led the creation of subsidiaries in rural housing finance, insurance broking and asset management, and oversaw international joint ventures.
Iyer holds a commerce degree and a doctorate of letters, and currently serves on the boards of several listed and unlisted companies.
The board meeting approving the changes was held in Mumbai on February 17 between 6.30 pm and 6.50 pm.
