These companies had threatened to leave Maharashtra and invest in other states when the state government had brought amendments to the Maharashtra VAT Act with effect from April 1, 2011, and made net sales the basis for VAT set-off claims.
Toyota has capacity to manufacture 310,000 vehicles at its two plants located near Bengaluru
Poland's ex-Formula One driver Robert Kubica has won the inaugural FIA 'Personality of the Year' award after a successful season in rallying.
Poland's ex-Formula One driver Robert Kubica has won the inaugural FIA 'Personality of the Year' award after a successful season in rallying.
The measures government takes next to push economic growth will be the key for automotive sector
Tata Motors' plans would produce, in real terms, by far the cheapest car ever made.
The petrol versions of the car are priced between Rs 5,05,000 and Rs 6,66,000.
Apple spent more than a year investigating the feasibility of an Apple-branded car.
The unprecedented shutdown of world sport in response to the coronavirus spread that has infected more than 134,000 people and killed around 5,000 also prompted organisers to postpone the Formula One motor races in Vietnam and Bahrain. The start of the lucrative Indian Premier League has also been postponed until April 15 as a "precautionary measure", the Board of Control for Cricket in India said.
According to Nasscom, engineering services exports had grown at 13 per cent in 2017 compared to six per cent rise in IT services exports and eight per cent in business process management (BPM). It had also recorded the highest growth in the last three years, reports Debasis Mohapatra.
India's top paddler was beaten by Tang Peng of Hong Kong at the Singapore Open.
The Indian golfer's registered 12-under 272 to finish tied third at the Brunei Open.
The Chandigarh golfer had a good round of three-under 69 to be tied 11th on the first day of the Volkswagen Masters China.
The automaker was found to have engaged in anti-competitive practices.
Skoda's new flagship offering will compete with the likes of Toyota Fortuner, Ford Endeavour and Isuzu MU-X as well as Volkswagen Tigua.
Tiguan will arrive in showrooms across India this year.
Maruti Suzuki is the big exception, with double-digit surge in volume
Ford is among several multinational automobile companies in India for whom exports now bring bigger volumes than local sales.
Volkswagen group company Audi on Thursday rolled out its luxury sedan 'A4' with a price tag of over 24 lakh
Nodal body, which will take charge on October 1, to maintain data, will suggest recalls & fines.
In an aggressive bid to more than double its sales, Volkswagen group company Skoda Auto India on Wednesday said it would launch Fabia and Octavia II sedans next year and make the Indian operations a hub for South Asia.
The Skoda RS has been priced at Rs 13.23 lakh (ex-showroom, Delhi).
Almost 5 years after it aborted a planned foray into the Indian market with sister concern Skoda, German luxury car maker Audi AG is again preparing to drive into Asia's fourth-biggest car market with the Rs 35 lakh two-door TT Coupe.