MAM
NBA concludes arguments, hearing to continue on Monday
MUMBAI: It took four days for the News Broadcasters Association (NBA) to present its arguments in the ad cap case against the Telecom Regulatory Authority of India (TRAI) to the Telecom Disputes Settlement Appellate Tribunal (TDSAT). But it finally concluded presenting the news industry’s viewpoint on it in terms of existing regulation. After pointing out how the proposed ad cap was reportedly in violation of statutory and constitutional law, its lawyers today highlighted the commercial compulsions and problems that news broadcasters face.
One of the major points highlighted that was drawn out is the issue of high carriage fees that is crippling the whole news industry. News broadcasters have to pay about 30 percent and sometimes even 50 per cent of their revenues as carriage fees while for the GECs it is about 20 per cent.
“Although they might be paying the same amount as carriage fees, their revenue is higher and instead of regulating something as important as this, TRAI is trying to impose ad cap,” says a news broadcaster.
TDSAT has asked NBA to file affidavits on Monday to demonstrate the commercial impact any changes in air time will have on their survival. This includes tabulating the revenues they generate in a non-12 minute per hour ad cap scenario and what they expect these to drop to on its imposition.
With the NBA concluding its presentations, it will be on to the other channels and the TRAI to state their case when hearing begins from Monday – after tomorrow’s recess.
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.
