MAM
Hinduja Global Solutions inducts Vynsley Fernandes on the board
Mumbai: Vynsley Fernandes has been inducted as an additional director on the board of Hinduja Global Solutions Ltd. (HGSL) in line with the transfer of the media & communications business from NxtDigital Ltd. (NDL) to HGSL.
He will continue as the chief executive officer (CEO) of the media & communications division at HGSL, including the portfolio ranging from digital television via satellite (HITS) and cable to broadband, content syndication, and teleshopping.
Whole-time director and chief financial officer Amar Chintopanth will continue to lead the top management of NDL under the able guidance and leadership of the board of directors.
Following receipt of the final sanction and approval from NCLT, the media & communications business undertaking of NxtDigital Ltd. (NDL), including the assets and liabilities together with the subsidiaries, was transferred to Hinduja Global Solutions Ltd. (HGSL).
As a result, he has resigned from his role and board position at NxtDigital Ltd.
The new NDL will focus on the next phase of reorganisation with the intention of maximising the value of its shareholders, taking the necessary regulatory and other preparatory actions.
Brands
Hyundai and TVS Motor partner to develop electric three wheelers
Joint development pact targets last mile mobility with localisation push
MUMBAI: Three wheels, one big ambition and a charge towards the future. Hyundai Motor Company and TVS Motor Company have signed a joint development agreement to co-create electric three-wheelers (E3Ws), aiming to crack India’s complex last-mile mobility puzzle. The collaboration moves beyond concept talk into execution mode, building on the E3W prototype first showcased at the Bharat Mobility Global Expo 2025. The goal now is clear, design, develop and commercialise a purpose-built vehicle tailored to Indian roads, riders and realities.
Under the agreement, Hyundai will lead design and co-development, bringing its global R&D muscle and human-centric engineering approach to the table. TVS Motor, meanwhile, will anchor the product on its electric platform, leveraging deep three-wheeler expertise and local market insight. It will also handle manufacturing and sales in India, with an eye on exports down the line.
The timing is strategic. India remains the world’s largest three-wheeler market, where affordability, durability and adaptability often outweigh sheer innovation. The upcoming E3W aims to strike that balance combining advanced technology with practical features such as adaptive ground clearance for monsoon-hit roads, improved thermal management for tropical climates, and flexible interiors suited for passengers, cargo or emergency use.
A key pillar of the partnership is localisation. Major components will be sourced and manufactured within India, a move expected to strengthen the domestic supply chain, create jobs, lower costs and improve after-sales support.
The shift from prototype to production will involve rigorous testing, certification and refinement to meet regulatory standards and consumer expectations. Dedicated cross-functional teams from both companies are already in place to accelerate timelines.
At a broader level, the tie-up reflects a growing trend in mobility, global players partnering with local specialists to navigate emerging markets. For Hyundai and TVS, the bet is that combining scale with street-level insight could unlock a new chapter in sustainable urban transport, one that runs not just on electricity, but on relevance.
