The US has approved the sale of Excalibur Projectiles, Javelin Missile System and related equipment totalling over 90 million dollars to India.
A strong demand for diesel SUVs has bumped up the contribution of these variants to Hyundai Motor India's sales to a three-year high, a company top official told Business Standard. The local arm of the South Korean carmaker has benefitted after some leading manufacturers - including car market leader Maruti Suzuki - pulled the plug on diesel models amid tightening regulations. Hyundai has also gained from the changing travel preference -people are frequenting getaways and taking to the road a lot more than what they did before the pandemic. This trend has been fuelling overall SUV sales.
Maruti recorded a 13.12% year-on-year surge in average revenue earned per car in 2023 compared to M&M's 7.56%, Hyundai's 6.76% and Tata Motors' 1.88%.
Market leader Maruti Suzuki is putting finishing touches to its plan of finding its feet in what is being hailed as a battle of epic proportions in India's fastest-growing passenger vehicle segment, reports Arindam Majumder.
Among the cars unveiled at the Auto Expo on Wednesday was Mahindra and Mahindra's e-KUV for Rs 8.2 lakhs ex-showroom Delhi. With a single charge range of 150 km and a 55 min fast charging upto 80 pc, it was both a head-turner and a conversation-starter.
Hyundai Motor India recorded an impressive 121 per cent growth in sales in April this year at 19,853 units.
Disgraced South African track star Oscar Pistorius returns to court on Monday to find out whether he will serve a long stretch behind bars for the negligent killing of his model girlfriend, or walk out a free man.
Ace Indian discus thrower Vikas Gowda got a morale booster ahead of the upcoming Asian Games as he finished overall fourth in the prestigious IAAF Diamond League Series to pocket $ 3,000 prize money.
A record number of 85 products will be launched.
In his penultimate State of the Union address, Barack Obama said that the economy is improving.
