News for 'Global Vehicles'

Scientists hail Chandrayaan-3, say feat will inspire youngsters

Scientists hail Chandrayaan-3, say feat will inspire youngsters

Rediff.com23 Aug 2023

Leading scientists and experts said this monumental accomplishment not only marks India's indelible imprint on lunar exploration but also demonstrates the prowess of human collaboration, determination, and cutting-edge technology.

After historic Moon landing, ISRO launches maiden solar mission Aditya- L1

After historic Moon landing, ISRO launches maiden solar mission Aditya- L1

Rediff.com2 Sep 2023

The successful launch of the maiden solar mission of the Indian Space Research Organisation came on the heels of the historic lunar landing mission - Chandrayaan-3.

Modi flags off Kerala's 1st Vande Bharat train, launches Kochi Water Metro

Modi flags off Kerala's 1st Vande Bharat train, launches Kochi Water Metro

Rediff.com25 Apr 2023

Kerala Governor Arif Mohammed Khan, Chief Minister Pinarayi Vijayan and Congress MP Shashi Tharoor were also present with the PM as he interacted with the students inside the train.

India's Foreign Trade Policy 2023 eyes $2 trillion exports by 2030

India's Foreign Trade Policy 2023 eyes $2 trillion exports by 2030

Rediff.com31 Mar 2023

The government on Friday came out with Foreign Trade Policy (FTP) 2023 which seeks to boost the country's exports to $2 trillion by 2030 by shifting from incentives to remission and entitlement based regime. Unlike the practice of announcing 5-year FTP, the latest policy has no end date and will be updated as and when needed, said Director General of Foreign Trade (DGFT) Santosh Sarangi while briefing media about FTP 2023. Earlier, Commerce and Industry Minister Piyush Goyal unveiled FTP 2023 which will come into effect from April 1, 2023.

M&M to ride on ex-Chrysler dealers

M&M to ride on ex-Chrysler dealers

Rediff.com22 Jun 2009

This will help M&M secure a stable line of dealerships fairly quickly, which otherwise is time-consuming and painstaking. Chrysler LLC last month decided to terminate business with 789 dealers -- nearly 25 per cent of its total dealership -- as part of its restructuring process. Mahindra is moving into the US at a time when recession has forced companies to slash jobs, pushing auto sales to the lowest in three decades.

Maoists open fire at CRPF commandos in Chhattisgarh, none hurt

Maoists open fire at CRPF commandos in Chhattisgarh, none hurt

Rediff.com12 Jan 2023

A joint team of multiple forces are undertaking the offensive to target some senior and most-wanted Naxal commanders, official sources said.

Tata Motors global sales grow 93% in Jan

Tata Motors global sales grow 93% in Jan

Rediff.com15 Feb 2010

It said total passenger vehicles sales were 45,380 units, in January 2010, a growth of 76 per cent from the corresponding month last year.

Tata Motors global sales up 84% in Dec

Tata Motors global sales up 84% in Dec

Rediff.com15 Jan 2010

Tata Motors on Friday reported an 84 per cent jump in its global sales at 74,707 units for December 2008, compared to the corresponding month in 2008. The company also posted 137 per cent surge in the sale of its commercial vehicles at 37,326 units in December 2009, it said in a statement. During the month under review, it sold 16,247 units of passenger vehicles, up by 53 per cent, against the same month previous year, it added.

A tour of Nissan's global design center

A tour of Nissan's global design center

Rediff.com23 Sep 2015

Nissan's global design activities now take place at Atsugi, Kanagawa prefecture which is in the southwest of Tokyo.

Kota: From Coaching Hub To Suicide Cluster

Kota: From Coaching Hub To Suicide Cluster

Rediff.com6 Oct 2023

25 student suicides in 2023 at India's coaching hub Kota have revealed the mindboggling stress children confront every day, reports Prakash Bhandari.

Tatas to invest $90 bn in India in 5 years

Tatas to invest $90 bn in India in 5 years

Rediff.com23 Sep 2022

The Tata group is planning to invest $90 billion in new industries such as mobile components plant, semiconductor, electric vehicles, batteries, renewables energy and e-commerce by 2027. The Tata group's investment in India is far higher than the $75-billion investments planned by Mukesh Ambani-owned Reliance Industries and $55-billion investment planned by the Adani group in the next five years in the country, the Economist reported recently. The investment by the Tata group is a shift in its strategy to focus more in the home markets instead of international markets where the group lost money.

Indians see China, not Pak as their greatest threat: US Congressman

Indians see China, not Pak as their greatest threat: US Congressman

Rediff.com25 Apr 2023

"China creeps towards hegemony in Asia, threatens India's borders, and treats other countries as junior partners, Indian-American Congressman Ro Khanna said.

Suzuki to invest Rs 10,445 cr for manufacturing EVs, batteries in Gujarat

Suzuki to invest Rs 10,445 cr for manufacturing EVs, batteries in Gujarat

Rediff.com20 Mar 2022

Speaking at the forum, Suzuki Motor Corporation (SMC) representative director and president Toshihiro Suzuki said, "Suzuki's future mission is to achieve carbon neutrality with small cars. "We will continue active investment in India to realise Self-reliant India (Atma-nirbhar Bharat)." Under the MoU, the company's wholly-owned arm Suzuki Motor Gujarat Pvt Ltd (SMG) will invest Rs 7,300 crore for the construction of a plant for BEV batteries at a land neighboring to SMG's existing plant by 2026.

Global Steel buys plant in Turkey

Global Steel buys plant in Turkey

Rediff.com10 May 2005

NDA Better For Economy Than INDIA In 2024

NDA Better For Economy Than INDIA In 2024

Rediff.com31 Aug 2023

What is most troubling is that not a single party that is part of INDIA has talked about any kind of reform and economic sense, argues R Jagannathan.

Tata Motor's Mission 2045: Electric, Flex-fuel And Hydrogen ICE

Tata Motor's Mission 2045: Electric, Flex-fuel And Hydrogen ICE

Rediff.com13 Jan 2023

'Battery electric, hydrogen fuel cell and hydrogen ICE, could be the three technologies which have the potential of being zero emission and that are what we will have to work on,'

Ford to unveil concept compact car at Auto Expo

Ford to unveil concept compact car at Auto Expo

Rediff.com27 Jan 2014

Car maker Ford plans to unveil a new concept vehicle at the upcoming Delhi Auto Expo as the company looks to tap growth in the compact car segment India.

TN, Kerala launch probe into Mangaluru blast suspect's local links

TN, Kerala launch probe into Mangaluru blast suspect's local links

Rediff.com21 Nov 2022

The probe into the November 19 explosion in Karnataka's coastal city of Mangaluru is expanding across two more southern states, as the "global terrorist organisation-inspired" key suspect behind the blast is said to have visited Tamil Nadu and Kerala and police teams are looking into possible local accomplices and links to the Thirthalli native.

Analysts give thumbs-up to Tata Motors

Analysts give thumbs-up to Tata Motors

Rediff.com25 May 2022

'Favourable product mix, sales recovery, and cost saving initiatives are expected to support margins going ahead while focus on debt reduction (target of debt free by FY24) will aid balance sheet strength'

3 Indian start-ups to become part of Lockheed's global supply chain

3 Indian start-ups to become part of Lockheed's global supply chain

Rediff.com22 Jul 2019

These companies were identified through the India Innovation Growth Programme, an innovation contest through which the US firm identifies Indian research and development potential.

Ispat eyes stakes in Global Steel mines

Ispat eyes stakes in Global Steel mines

Rediff.com4 Jun 2008

Global Steel owns 70 per cent stakes in iron ore mine in Brazil and two coal mines in Columbia and Mozambique. The company is setting up three special purpose vehicles for isolating financial and regulatory risks. Ispat will purchase the stakes in these SPVs, which are held by Global Steel. The iron ore mine has an estimated reserve of 500 million tonne while the coal mines hold reserves of 120 million tonne.

Automobile dispatches dip 23% in February as supply-side challenges continue: SIAM

Automobile dispatches dip 23% in February as supply-side challenges continue: SIAM

Rediff.com11 Mar 2022

Automobile dispatches from factories to dealerships across the country declined 23 per cent in February, as various supply-side challenges, including semiconductor shortage, and rise in vehicle prices due to the implementation of new regulations continued to impact demand scenario, industry body SIAM said on Friday. Wholesales of domestic passenger vehicles, two-wheelers and three-wheelers declined 23 per cent to 13,28,027 units last month, compared with 17,35,909 units in February 2021. Overall, passenger vehicle dispatches in February 2022 declined six per cent to 262,984 units, compared with 281,380 units in the same month of last year.

Ola unveils 5 electric motorcycles, launch planned next year

Ola unveils 5 electric motorcycles, launch planned next year

Rediff.com10 Feb 2023

Ola Electric on Thursday teased five new electric motorcycles that the SoftBank-backed company is working on, announcing the range after selling electric scooters. The products are labelled cafe racer, an adventure tourer, a scrambler and a naked motorcycle. The motorcycles are expected to be launched next year and would include premium and mass-market versions, said sources.

India likely to be among top 20 global FDI sources by 2021

India likely to be among top 20 global FDI sources by 2021

Rediff.com14 Jun 2019

While the UN report said that FDI inflows rose 6 per cent in 2018 to $ 42 billion, the government's own data for the entire FY19 period has shown that inbound equity investments declined for the first time in six years in FY19.

Lessons for India to curb global warming

Lessons for India to curb global warming

Rediff.com8 Jan 2016

Emissions would still keep rising till 2030, and the path towards global warming would improve to 2.7c.

Electric three-wheeler market: Can Bajaj Auto storm in and become king?

Electric three-wheeler market: Can Bajaj Auto storm in and become king?

Rediff.com20 Apr 2022

In a fragmented electric three-wheeler market where no company has more than a 10 per cent share, leave alone a dominant presence, can Bajaj Auto storm in and become king? The company is set to launch its range of electric auto rickshaws in June and hopes to replicate its success in ICE three-wheelers where it is the undisputed market leader with a 63 per cent market share. Can it be crowned king of the electric three-wheeler market too? Overall, electric sale volumes are growing at breakneck speed.

Israel escalates Gaza attacks as conflict enters Day 4; targets Hezbollah

Israel escalates Gaza attacks as conflict enters Day 4; targets Hezbollah

Rediff.com11 Oct 2023

As per the Israeli Air Force, the fighter jets attacked a number of terrorist targets of the terrorist organization Hamas throughout the Gaza Strip. Among other things, the planes attacked a military compound and a weapons warehouse.

Globally, people prefer hybrid cars

Globally, people prefer hybrid cars

Rediff.com5 Jan 2006

Faced with rising gas prices, consumers will opt for fuel-efficient low-cost cars and hybrids over the next five years rather than sport utility vehicles and luxury cars

JLR's global sales leader lags behind in India

JLR's global sales leader lags behind in India

Rediff.com21 Dec 2012

Since price is a big stumbling block, the company is looking at assembly of Evoque in India.

Maruti Suzuki's Q2 result could impact auto sector stocks positively

Maruti Suzuki's Q2 result could impact auto sector stocks positively

Rediff.com7 Nov 2022

Maruti's results and the investor response indicate that quite a few stocks in the auto sector could be on the verge of a big bounce, says Devangshu Datta.

Govt approves Rs 26,058 cr PLI scheme for auto, drone sectors

Govt approves Rs 26,058 cr PLI scheme for auto, drone sectors

Rediff.com15 Sep 2021

The Union Cabinet on Wednesday approved a Rs 26,058 crore production linked incentive (PLI) scheme for auto, auto-components and drone industry to enhance India's manufacturing capabilities, Union Minister Anurag Thakur said on Wednesday. The PLI scheme will incentivize the emergence of advanced automotive technologies' global supply chain in India.

Qualcomm's chips to power Ola's electric scooters

Qualcomm's chips to power Ola's electric scooters

Rediff.com15 Sep 2021

From powering mobile devices, US chip designer Qualcomm has tied up with Ola Electric to power its electric scooters. Qualcomm is providing the key 4G connected octa core android platform which provides connectivity, computing capabilities and enables rich immersive displays with power saving software.

Tighter seat belt rules work better for rider safety than alarm: Carmakers

Tighter seat belt rules work better for rider safety than alarm: Carmakers

Rediff.com8 Sep 2022

A strict enforcement of seat belt norms for rear passengers would be more effective than making an alarm go off when people do not belt up, according to officials at car manufacturers. Their comments came a day after Nitin Gadkari, the Union minister for road transport and highways, announced that seat belt alarms would be made mandatory for passengers in the rear seat of a car. "We have taken a decision that there will be a provision that the car seat belt alarm should beep when the rear seat rider is not wearing a seat belt. "We will impose fines if rear seat riders are not wearing seat belts.

Musk welcome to make Tesla in India; can't import from China, says Gadkari

Musk welcome to make Tesla in India; can't import from China, says Gadkari

Rediff.com26 Apr 2022

Union Minister Nitin Gadkari on Tuesday said if the US-based Tesla is ready to manufacture its electric vehicles in India then there is 'no problem' but the company must not import cars from China. In an interactive session at the Raisina Dialogue, Gadkari further said India is a large market and there is a huge potential for all electric vehicles. "If Elon Musk (Tesla CEO) is ready to manufacture in India then there is no problem ... Come to India, start manufacturing, India is a large market they can export from India," he said. The road transport and highways minister said his request to Musk is to come and manufacture in India.

'If BJP Is Not Re-Elected, Foreign Investors May Sell'

'If BJP Is Not Re-Elected, Foreign Investors May Sell'

Rediff.com15 Jun 2023

'The biggest risk to the Indian markets from a 12-18-month view is that the current government does not get re-elected, or loses in a way that is not represented at all in the next central government.'

Mitsubishi plans global small car hub in India

Mitsubishi plans global small car hub in India

Rediff.com13 Mar 2012

The company is far behind its aggressive Japanese competitors, selling only 4,000 vehicles annually.

Nearly 100% of 2-wheeler market will shift to EVs in 3 yrs: Bhavish Agarwal

Nearly 100% of 2-wheeler market will shift to EVs in 3 yrs: Bhavish Agarwal

Rediff.com12 Dec 2022

Ola Electric will roll out its complete offering of electric scooters and motorcycles in each segment of the market - premium, mass premium, and economical - in the next 12 months in a bid to push for a near-full conversion of the two-wheeler market to electric in three years. According to Bhavish Aggarwal, founder and CEO of Ola Electric, "ICE (internal combustion engine) products will fall off a cliff." He also says the company is aiming to become profitable next year.

Silver may outperform if China doesn't relapse into lockdowns

Silver may outperform if China doesn't relapse into lockdowns

Rediff.com30 Jan 2023

Silver, which is currently trading at Rs 68,453 per kilogram, has appreciated 21.7 per cent over the past three months. Investors, however, shouldn't get carried away by its recent performance and put their money in it. Instead, they should evaluate its pros and cons and then take a considered decision based on their risk appetite.

TN allows liquor only at IPL, investors' summit, bans in marriage halls

TN allows liquor only at IPL, investors' summit, bans in marriage halls

Rediff.com25 Apr 2023

The government denied granting permission to serve liquor at wedding halls, even as the opposition parties slammed the ruling Dravida Munnetra Kazhagam's move to dilute the total prohibition policy.

Chip shortage may last up to two years, say Qualcomm and Intel

Chip shortage may last up to two years, say Qualcomm and Intel

Rediff.com4 Nov 2021

Leading microchip providers Qualcomm and Intel say the chip shortage might last anything between four months to a year, perhaps even two years, depending on the various product categories - mobile devices, ICE, electric vehicles, appliances, data centres. Prakash Mallya, MD, Intel India and vice president, sales and marketing and communications group, said the spike in demand was huge, and cut across segments from PCs, phones, appliances and auto leading to the shortage.