Auto industry seeks bold fiscal measures in the Budget to revive growth
The sector — suffering for a year now — reported its worst-ever sales decline in two decades during 2019.
Sensex gains 147 points, Nifty tops 12,250; Bajaj Electricals rises 10%
Sensex rises for 2nd day, up 147 pts; Nifty tops 12,250; Bajaj Electr...
CCI’s ‘soft view’ on E-comm rules irks phone retailers
Unhappy with watchdog’s suggestions confederation of All India Traders, All-India Mobi...
New Boeing chief executive takes over with 737 MAX crisis unresolved
Boeing Co's new Chief Executive David Calhoun assumes the job Monday as the U.S. planemaker battles to recover from two fatal crashes of 737 MAX planes that killed 346 people in five months and led to the model's worldwide grounding in March.
Cabinet gives in-principle nod to strategic sale of Neelachal Ispat
The strategic buyer for NINL will be identified through a two-stage auction procedure
Panasonic's India arm eyes Rs 500 cr revenue from solar business in 3-4 years
The company aims to expand the offerings to Bengaluru, Pune, Hyderabad, Chennai and Amaravati in the next three years and 25 more cities in the next five years with a target of catering to around 1 million vehicles.
Electric 2-wheeler makers learning to survive without subsidy, FAME II not worked: SMEV
The Society of Manufacturers of Electric Vehicle (SMEV) said after getting a "shock" when FAME II was implemented from April 1, 2019, the industry has devised ways to keep afloat by selling low to mid-speed vehicles, which don't qualify for incentives at heavy discount but incurring losses in the process.
EV dream not very far, need priority financing, cut in import duties of some parts: M&M
While stating that the government has done its bit to help e-mobility, the company said it was time for manufacturers to work towards reducing EV prices in order to make it viable for personal usage even as new business models in the shared mobility space proving it to be a sound proposition.
Lithium completes acquisition of 1000 Mahindra EVs in its fleet
Pawan Goenka, managing director at M&M said, “Our partnership is aimed at increasing the large-scale adoption of EVs and bringing a positive change in consumers’ daily commute.” Sanjay Krishnan, co-founder and chief executive officer at Lithium Urban Technologies said the firm is looking at doubling its fleet size in the next two years.
Charged up: Gegadyne's carbon-powered batteries can break China's monopoly on electric vehicles
Gegadyne uses non-lithium based battery technology that can charge EVs from 0-100% in less than 15 min.
Route Mobile gets Sebi nod for IPO
The company had earlier received Sebi nod for the IPO in 2018 as well, which had expired.
Check your passport, foreign travels, electric bill before filling ITR form
Income Tax dept wants to keep a watch on your foreign travel spends & electricity bill payments. The dept has already issued ITR-1 & ITR-4 f...
Mobile makers get retailer ultimatum on online discounts
More than 50,000 mobile phone retailers have given an ultimatum to the top five smartphone brands to permanently stop online discounting and launch of online exclusive models, claiming that the ecommerce push had badly hurt their business.
This startup can convert any fuel-powered scooter to an electric scooter
As the automobile sector in the country prepares to embrace electric mobility with open arms, there are significant challenges to overcome. Meladath Auto Components offers a middle ground service of converting your regular automobile to a hybrid electric one.
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