Hectic parleys are underway between officials of India and the US in Washington on the proposed interim trade agreement between the two countries, an official said on Wednesday.
Mahindra & Mahindra (M&M) delivered a stronger-than-expected operational performance in the October-December quarter (Q3) of 2024-25 (FY25), driven by solid growth in its automotive (auto) and farm equipment segments. Higher volumes improved operating leverage, expanding margins.
Automobile giant Tata Motors' shares were in demand on Wednesday as the stock rallied as much as 3.69 per cent to hit an intraday high of Rs 671.80 per share, before settling 3.18 per cent higher at Rs 668.45. By comparison, the BSE Sensex settled 0.10 per cent, or 72.56 points, lower at 74,029.76.
India's brittle energy security is inextricably linked to two opposing paradigms - fossil fuels, and the transition to green energy. The first powers the present; the second paves the way for Viksit Bharat in 2047.
As auto major Mahindra & Mahindra (M&M) became the number two player in the retail passenger vehicle segment for the first time in February, powered by its new launches, the company is setting its sights on technology upgrades.
'Crude oil prices are around $66-67 per barrel now but could fall to $55-60 if global disturbances ease.'
Fisker Automotive is an American car company, founded in 2007.
India will not tailor its policies to suit US EV maker Tesla, and its laws and tariff rules will be formulated to attract all-electric vehicle manufacturers from across the world to set up a base in the world's fastest-growing economy, Commerce and Industry Minister Piyush Goyal said. Tesla has been seeking an initial tariff concession that would allow it to offset 70 per cent customs duty for cars priced less than $40,000, and 100 per cent for cars of higher value.
'One can charge it at home, in the office, on the go. All it needs is a 15 Amp electric socket which is found is all our homes.'
The proposed exemption in customs duty on import of lithium, cobalt and other rare minerals in the Union Budget 2024-25 is likely to lower the battery production cost and help in making electric vehicles more affordable for the buyers, auto industry leaders said on Tuesday.
If the drop in sales over the past two years is anything to go by, India's dream of putting seven million electric vehicles on road by the end of this decade has come a cropper.
For the first time, the event will take place across three locations in Delhi: Bharat Mandapam at Pragati Maidan, Yashobhoomi Convention Centre at Dwarka, and India Expo Mart at Greater Noida.
The Mahindra XEV 9S isn't a sports car, it is a luxury family room on wheels. It prioritises comfort, tech, and ease of driving over corner-carving precision, says Rajesh Karkera/Rediff.com.
Dysprosium and terbium, two heavy rare earth elements with unique properties, are not available in extractable quantities in India.
The vehicle will not be available until end-2017, or later.
Growth in demand for diesel, India's most consumed petroleum product, fell to its lowest since the pandemic in the financial year ended March 31 as the economy expands at a slower pace and consumption shifts to cleaner fuels. Diesel consumption rose 2 per cent to 91.4 million tonnes in 2024-25 (April 2024 to March 2025) fiscal, according to provisional data released by the Petroleum Planning and Analysis Cell (PPAC) of the Oil Ministry.
Electric mobility in India is touted to be the way to the future, but implementation of large-scale projects to bring infrastructure for charging is still lacking.
Amazon
Tesla's official entry into the Indian market is expected in the final quarter of the current financial year.
The major reason for the policy confusion over e-vehicles is the lack of conviction within government about the utility of this disruptive technology and its role in India's larger Paris Agreement climate change commitments.
Part-I of this three-part series dives into Delhi-NCR's SPR, Sohna, Dwarka Expressway, and Jewar Airport leading the charge.
While sedan sales have declined in the mass-market segment in recent years, demand remains strong for BMW sedans, which account for 45 per cent of its sales in India.
India must act decisively to fully leverage the vast opportunities that exist in India for developing the entire rare earth magnet ecosystem, SIAM president Shailesh Chandra said on Thursday. The government is considering incentives for the production of rare earth minerals and magnets in response to China's restrictions on its global supply, which have disrupted the supply chain.
Why is Shailesh Chandra, managing director of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, not worried about the competition?
Errol Musk, father of tech billionaire Elon Musk, visited the Ram temple in Ayodhya on Wednesday afternoon and described the experience as 'wonderful' and one of the 'best things' he has ever done.
Chinese electric carmaker BYD is focusing on launching vehicles in the Rs 25-45 lakh price range in India even as it continues to evaluate customer preferences and demand in more affordable segments, its Head of Electric Passenger Vehicles in India Rajeev Chauhan told Business Standard.
Test drives for these vehicles will start in a phased manner from January 24, and bookings will begin from February 14.
'There's been interest from multiple states, and exploratory conversations are ongoing.'
Elon Musk-led Tesla Inc is yet to express interest in India's flagship scheme to attract global investment in electric vehicle (EV) manufacturing, said Union Minister for Heavy Industries H D Kumaraswamy on Monday. In contrast, multiple global automobile giants -- such as Mercedes-Benz, koda Auto Volkswagen, Hyundai Motor, and Kia Motors -- are keen to participate, the minister noted.
'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.'
A DTC bus marshal in Delhi was arrested for allegedly biting off the tip of a conductor's finger during an argument over the bus route. The incident occurred after a dispute between the marshal and the conductor escalated, leading to a physical altercation and grievous injury.
Customers who have already booked earlier variants will also have the option to upgrade to the 79 kWh battery version.
TVS Motor Company launched its first electric scooter, Scooty Teenz Electric, in Bangalore on Wednesday. Run on the Valve-Regulated-Lead-Acid (VRLA) battery, the vehicle is powered by a 800 watt motor and can carry up to 130 kg of load. It can deliver an average range of 40 km per nine hours of battery charge. The maximum speed the vehicle can clock is 40 kmph. It is targetted at is teenage girls who use vehicles to travel short distances ranging between 15 and 25 km per day.
The Tamil Nadu government released video clippings showing violations of norms at actor-politician Vijay's rally in Karur, claiming the crowd size more than doubled, causing hardships and leading to a stampede.
South Korean auto major Hyundai Motor Co president & CEO Jose Munoz on Wednesday said the company's Indian arm will invest Rs 45,000 crore by FY30, aiming to make India its second-largest region globally. Addressing investors here in his first visit to the country, Munoz said Hyundai Motor India Ltd (HMIL) has set a target of up to 30 per cent export contribution.
The feud reached its peak when Musk made explosive allegations about Trump's connection to disgraced financier Jeffrey Epstein, marking a dramatic escalation in their increasingly personal conflict.
An Indian commerce ministry team has reached Washington for another round of talks from Monday on the proposed bilateral trade agreement (BTA), an official said. Chief negotiator of India and special secretary in the Department of Commerce, Rajesh Agrawal, will join the team on Wednesday.
A robust show during the March quarter of 2024-25 (Q4FY25) and hopes of a strong demand momentum have led to an upward revision of Mahindra & Mahindra's (M&M's) earnings. With a slew of launches lined up amid a steady demand environment, brokerages see M&M outperforming peers in passenger vehicles (PVs), tractors and commercial vehicles (CVs).
Police in Faridabad continue their investigation into a suspected terror module after a large quantity of explosives was found in rented rooms. The probe is also examining potential links to a recent blast near Delhi's Red Fort.
Here are some cars, we feel will surely make you stop and think about investing in electric cars, if you haven't done so far.
