Tata Consultancy Services (TCS) - the largest information technology (IT) services provider in India and the second-largest globally - recently set an ambitious goal of $50 billion in revenue by 2030. The growth required to reach this goal, however, is lower than the company's own standards. In the past decade, TCS revenues, or net sales in US dollar terms, have grown at a compound annual growth rate (CAGR) of 9.5 per cent, from $10.2 in 2011-12, to an expected $25.3 billion during 2021-22 (FY22), based on its revenue trend in the first nine months of FY22.
What has hit sentiment further is a draft proposal by the government to increase vehicle insurance premiums for financial year 2022-23 (FY23). Third-party motor insurance premiums have not been increased over the last two years and if this is approved, insurance costs for specific segments could rise by a fifth. The worst impacted is the 350cc and above two-wheeler segment, where premiums are up 21 per cent. Royal Enfield (Eicher Motor) is the market leader in the segment. The premiums in the 150-350cc two-wheeler category are also being inc
A car museum owner in the city of Hyderabad has made a car, which looks like the coronavirus to spread awareness among the people about the fatal infection.
"With the death of RK, the outlawed CPI (Maoist) has lost its three central committee members and as many other senior cadres in the last two years. These deaths would certainly deplete the strength of the Naxal movement which has been losing its ground. Security forces would make an all-out attempt to soon bring an end to the five-decade-long mindless violence by ultras in the region," Inspector General of Police (Bastar range) Sundarraj P said.
They're sexy, powerful, irresistible and very, very expensive.
India will have 30 per cent of its two-wheeler industry turning electric by 2030 as new manufacturers lead the shift, said a report on Monday. Passenger vehicles will be 15 per cent electric and the three-wheeler segment 75 per cent electric by 2030, said the report by BNP Paribas called 'India Autos-Electric vehicles: Minutes to midnight'. "We see FY22 as the year of inflection for the two-wheeler EV industry, with an accelerated EV adoption helped by incentives, wider availability, model launches, rise in crude prices and improved general awareness. We see 30 per cent of the 2W industry turning electric by 2030; the pace of incentive withdrawal presents an upside/downside risk," the report (India Autos - Electric vehicles: Minutes to midnight) said.
Among Indian cars Vizag-based Stephen Panchigalla clocked 13.366s in his Skoda Octavia in the same J Class, which was run jointly for both Foreign and Indian cars, to ended up as the 'Fastest Indian Car.' Of the day.
These bikes were all the craze on Day 1 of Auto Expo 2018's media exclusive.
The Interceptor 650 and Continental GT 650 have been game changers in the upper part of the mid-size segment, with compelling style and highway capability.
To ensure seamless settlement of funds and convenience to investors, Sebi on Thursday said stock brokers should maintain current accounts in appropriate number of banks for holding clients' funds. The clarification comes after Sebi received representations regarding the issue being faced by stock brokers. They requested the regulator to issue instructions in respect of maintenance of current accounts in multiple banks.
Twitter "took extraordinary steps to suppress" The New York Post's Hunter Biden laptop story, removing links and posting warnings that it may be "unsafe."
Bihar youngster Sakibul Gani smashed an astounding 341 in the Ranji Trophy Plate Group match against Mizoram in Kolkata on Friday to break the world record for the highest individual score on first-class debut.
The X4 offers an imposing presence that you cannot miss even in a crowd of other cars, says Pavan Lall.
The no-equity partnership will develop a range of mid-capacity 250-750cc motorcycles.
While the chair car fares are 1.5 times the base price of Shatabdi trains running the same distance, the executive class fares are 1.4 times that of the base fare of first class air conditioned seating in the premium train
These bikes are a good mixture of style, mileage, performance and affordability, says Rajesh Alva.
It's the first time in its 178-year-old history that the iconic British motorcycle firm owned by the Bloor family has got into an alliance. Three years after announcement, the two companies formally signed on the dotted lines on Friday for a long-term partnership, which aims to achieve global scale in a segment in which Royal Enfield has head-start.
Rediff.com's Hitesh Harisinghani visited Auto Expo 2018 and returned with pics of these rare beauties.
Insurance of vehicle, including cars and bikes, will become costlier from April 1 as insurance regulator Irdai has decided to increase premiums by up to 40 per cent from the next fiscal.
Triumph's portfolio includes high-powered bikes such as the Daytona 200, Rocket III, SuperSports Daytona 675R and Tiger 800, apart from its iconic Bonneville family.
To compete with mass commuter bikes like the Discover and Honda CB Shine, Yamaha has launched 125cc Saluto
Besides being budget-oriented these cars also offer fantastic performance and mileage.
Two-wheeler sales, however, declined 21.4 per cent to 14,13,378 units last month, as compared to 17,98,201 units in November 2019. Commercial vehicle sales also slipped 31.22 per cent to 50,113 units, as against 72,863 units a year ago. Similarly, three-wheeler sales fell 64.98 per cent to 24,185 units last month, from 69,056 units in the year-ago period. Tractor sales, however, grew by 8.47 per cent to 49,313 units last month, against 45,462 units in the same month last year.
One fan has got a mural painted on the wall of his home in Dalgaty Lane as a mark of tribute. And little wonder, it is slowly turning into a tourist destination.
A galaxy of sports stars including currnet India captain Virat Kohli and the legendary Sunil Gavaskar will help raise funds for the underprivileged children battling cancer, on November 18.
The Yamaha YZF R15 v3.0 has a 155 cc single cylinder, liquid-cooled engine in place of the older 149 cc engine.
From shining in age-group and league cricket in Chennai to a breakout season in Tamil Nadu Premier League (TNPL) before being fast-tracked into the state white-ball teams, things have moved rather swiftly for B Sai Sudharsan as he broke into the IPL.
John Surtees, the only man to win world championships on two wheels and four, died on Friday at the age of 83, his family said in a statement.
Hero MotoCorp and Honda Motorcycle & Scooter India are headed for a showdown in the scooter market with the former partners looking to dominate the high growth segment.
Rajesh Alva reviews the latest addition to the KTM stable.
For Hero MotoCorp, India's largest two-wheeler company, it's a calculated gambit to revive Harley-Davidson whose ride in India has been anything but easy since it got here.When automotive firms embark on alliances, it's a roll of the dice on how such marriages will play out.
The Virtus is indeed designed to look, act and behave like a well-built European sedan that swims in the segment between the compact sedan VW Vento and the larger Passat, says Pavan Lall.
Will syringe shortage puncture India's Covid vaccine plans?
A French court has ordered freezing of an Indian government property in Paris on a plea by Devas shareholders who are seeking to enforce a USD 1.3 billion arbitration award over a cancelled satellite contract, according to the court order copy.
Veer Arjun Singh finds out what a bunch of passionate bikers can teach us about the adrenaline-fuelled hobby
The growth momentum that started during the festival season is likely to sustain in the new year, reports Arindam Majumder.
Royal Enfield's sales are equivalent to the global sales of Harley-Davidson, KTM, BMW, Triumph, and Ducati combined, but Bajaj's MD has a counterview.
So, how is it different from the 150cc Honda CB Unicorn? Naveen Soni reports on what the Unicorn 160 has to offer!
Kawasaki W800 could make its way into India. What this bike offers is classic styling, powerful engine and long stroke thump, says Rachit Hirani.