News for 'Wheelers'

'Without incentives people will not purchase EVs'

'Without incentives people will not purchase EVs'

Rediff.com8 Jun 2024

'Wherever the government has provided incentives for the purchase of two-wheelers, three-wheelers, cars, buses, and trucks, it gets a push for most of these alternate fuels. '

Security beefed up in Delhi after suspected crude bomb blast near school

Security beefed up in Delhi after suspected crude bomb blast near school

Rediff.com20 Oct 2024

Plumes of smoke could be seen billowing from the spot. A purported video of the aftermath of the explosion also surfaced on social media showing thick dense white smoke.

Delhi gym owner shot dead in suspected gang; two arrested

Delhi gym owner shot dead in suspected gang; two arrested

Rediff.com13 Sep 2024

The officer said that four more people were detained and questioned in connection with the case but the main shooter is still on the run.

PIX: People across country celebrate Diwali with pomp

PIX: People across country celebrate Diwali with pomp

Rediff.com31 Oct 2024

Keeping up his tradition of celebrating the festival with soldiers, Prime Minister Narendra Modi visited Sir Creek near the Indo-Pak border in Gujarat's Kutch district and offered sweets to jawans.

BS-VI switch will hit 2-wheeler sales until Diwali

BS-VI switch will hit 2-wheeler sales until Diwali

Rediff.com16 Jan 2020

The BS-VI norms are expected to increase the price of two-wheelers by 10-14 per cent.

Bajaj revamps passenger three-wheelers

Bajaj revamps passenger three-wheelers

Rediff.com14 Jun 2013

Bajaj Auto has launched a new range of passenger three-wheelers, with improved mileage, changed styling and lower maintenance costs.

Pune Porsche crash teen submits 300-word essay on road safety

Pune Porsche crash teen submits 300-word essay on road safety

Rediff.com5 Jul 2024

The 17-year-old minor allegedly involved in the Pune Porsche car crash that killed two techies has submitted a 300-word essay on road safety complying with the bail conditions of the Juvenile Justice Board (JJB), an official said on Friday.

Passenger vehicle sales up 1.35% at 335,629 units in April: SIAM

Passenger vehicle sales up 1.35% at 335,629 units in April: SIAM

Rediff.com14 May 2024

Passenger vehicles wholesales in India rose 1.3 per cent year-on-year to 335,629 units in April, automobile industry body SIAM said on Tuesday. The passenger vehicle (PV) dispatches from companies to dealers stood at 331,278 units in April 2023.

Passenger vehicle sales hit speed-break in June

Passenger vehicle sales hit speed-break in June

Rediff.com1 Jul 2024

Passenger vehicle wholesales saw a marginal growth of 4 per cent in June on account of high base effect and muted demand due to severe heatwave conditions in several parts of the country. Overall passenger vehicle dispatches last month stood at 340,784 units, a growth of 3.67 per cent compared with 328,710 units in June 2023.

Mumbai BMW crash: Sena leader's absconding son arrested

Mumbai BMW crash: Sena leader's absconding son arrested

Rediff.com9 Jul 2024

Mumbai police on Tuesday arrested Mihir Shah, two days after the 24-year-old allegedly rammed his BMW car into a two-wheeler, killing a woman and leaving her husband injured.

Volume outperformance, steady results factored into Bajaj Auto's valuations

Volume outperformance, steady results factored into Bajaj Auto's valuations

Rediff.com25 Jul 2024

Bajaj Auto reported steady results in Q1FY25, with revenue surging 16 per cent year-on-year (Y-o-Y), operating profit registering a growth of 24 per cent Y-o-Y, and margins swelling 20.2 per cent. The profitability was aided by 50 basis points (bps) on the accrual of PLI benefits. The domestic prospects for two-wheelers are healthy, though the response to the newly launched CNG motorcycle is a key monitorable.

Does No One Want To Buy Cars?

Does No One Want To Buy Cars?

Rediff.com2 Jul 2024

Passenger vehicle sales are expected to experience muted growth in the current financial year.

More on table: Canada hints at fresh sanctions as India denies charges

More on table: Canada hints at fresh sanctions as India denies charges

Rediff.com16 Oct 2024

She said India was asked to waive diplomatic and consular immunity and cooperate in the investigation but refused.

Exports demand likely to keep Bajaj Auto's shares under pressure

Exports demand likely to keep Bajaj Auto's shares under pressure

Rediff.com26 Sep 2024

On the exports front, Bajaj is under pressure in Bangladesh and Africa. On the domestic front, it could ride improvement in rural demand and new launches but it also has to cope with competitive intensity and a high base. The management projects 7-8 per cent volume growth in domestic 2W in financial year 2025 (FY25) with moderation in H2FY25 due to a high base Y-o-Y.

Diplomatic Expulsions: Games Nations Play

Diplomatic Expulsions: Games Nations Play

Rediff.com18 Oct 2024

India and Canada have mutually beneficial political and economic linkages. The two countries should get together and find a solution. The expulsion war should, in the meantime, be a guarantee against any deterioration of the situation, asserts Ambassador T P Sreenivasan, the first Indian head of mission to be ever expelled by any country.

Nayab Singh Saini's Haryana Challenges

Nayab Singh Saini's Haryana Challenges

Rediff.com17 Oct 2024

Haryana has done well in terms of economic growth over the last couple of decades. For it to continue to lead the growth ladder, the new government has to work hard on multiple dimensions, recommend Shishir Gupta and Rishita Sachdeva.

'On Track For Best-Ever IPO Year In India'

'On Track For Best-Ever IPO Year In India'

Rediff.com10 Sep 2024

During the first eight months of CY24, 50 IPOs mobilised Rs 53,453 crore.

Ola Electric's Rs 5,500 cr IPO to bolster its EV market, say experts

Ola Electric's Rs 5,500 cr IPO to bolster its EV market, say experts

Rediff.com1 Jan 2024

Ola Electric's initial public offering (IPO), of Rs 5,500 crore, is essentially aimed at ensuring the company maintain its top position in the electric two-wheeler segment, with incumbent players TVS and Bajaj Auto giving a fight to the number one player in market share. Most experts and competitors say the amount being raised is in line with the investment required to expand the electric-vehicle (EV) business. There are two discernible trends in the competitive electric two-wheeler market.

COVID-19: Two-wheeler sales likely to boom

COVID-19: Two-wheeler sales likely to boom

Rediff.com12 May 2020

Besides regular buyers, there is lot of interest among those in essential services, such as health, banking, and IT. The sales will be helped by social distancing becoming the new normal in both urban and rural regions as people will be averse to using public transport.

Red alert as Mumbai battered with 10 cm rain in 5 hours, schools shut

Red alert as Mumbai battered with 10 cm rain in 5 hours, schools shut

Rediff.com26 Sep 2024

The India meteorological department (IMD) on Wednesday evening issued a red alert for Mumbai and its neighbouring districts, predicting "extremely heavy rainfall".

After Mumbai, another hoarding collapses in Pune

After Mumbai, another hoarding collapses in Pune

Rediff.com16 May 2024

Fortunately, no injuries were reported as there was nobody inside or on the vehicles.

M&M gets Rs 4.12 crore tax notice; company to challenge

M&M gets Rs 4.12 crore tax notice; company to challenge

Rediff.com29 Dec 2023

Mahindra & Mahindra on Friday said it has been imposed a penalty of Rs 4.12 crore over input tax credit claim and education cess credit balance carry forward from pre-GST regime to GST regime in relation to its two-wheeler business. In a regulatory filing, Mahindra & Mahindra said it has received an order from the office of the Deputy Commissioner, State Tax, Audit Wing, Indore-01, Madhya Pradesh imposing a penalty amounting to Rs 4,11,50,120 to the two-wheeler business of Mahindra Two Wheelers Ltd (MTWL), which was demerged from MTWL and has since been merged with the company.

Ola Electric's Rs 6,145-cr IPO fully subscribed on Day 2

Ola Electric's Rs 6,145-cr IPO fully subscribed on Day 2

Rediff.com5 Aug 2024

The Rs 6,145-crore initial public offer of electric two-wheeler company Ola Electric Mobility got fully subscribed on the second day of bidding on Monday, driven by demand from retail investors and non-institutional investors. The initial share sale received bids for 49,43,63,610 shares against 46,51,59,451 shares on offer, translating into 1.06 times subscription, according to the NSE data.

Kolkata rape: IMA shuts medical services across India for 24 hrs

Kolkata rape: IMA shuts medical services across India for 24 hrs

Rediff.com16 Aug 2024

The Indian Medical Association has announced a 24-hour nationwide withdrawal of non-emergency services from 6 am on August 17 to protest against the alleged rape and murder of a trainee woman doctor at the state-run R G Kar Medical College and Hospital in Kolkata and the subsequent vandalism at the facility.

Passenger vehicle wholesales rise 4% to 286,390 units in December

Passenger vehicle wholesales rise 4% to 286,390 units in December

Rediff.com12 Jan 2024

Domestic passenger vehicle wholesales grew by 4 per cent to 286,390 units last month, the Society of Indian Automobile Manufacturers said on Friday. As per the latest data issued by the Society of Indian Automobile Manufacturers (SIAM), dispatches of passenger vehicles (PVs) from manufacturers to dealers were 275,352 units in December 2022.

106 'Govindas' injured in dahi handi celebrations in Mumbai

106 'Govindas' injured in dahi handi celebrations in Mumbai

Rediff.com28 Aug 2024

As part of the celebrations, Govindas or Dahi Handi participants form multi-tiered human pyramids to break 'Dahi Handis' (claypots filled with curd) suspended in mid-air.

Vinesh begins campaign, receives warm welcome

Vinesh begins campaign, receives warm welcome

Rediff.com8 Sep 2024

Wrestler and Congress candidate Vinesh Phogat on Sunday said she expects to win each battle with the blessings of people as kicks off her campaign for the upcoming assembly election.

EV makers lukewarm to new subsidy scheme

EV makers lukewarm to new subsidy scheme

Rediff.com16 Mar 2024

Manufacturers of electric vehicles (EVs) have been lukewarm to the ad hoc subsidy scheme announced by the Centre for them. Sector majors have not been enthused by the lower level of incentives in the scheme, which has replaced the flagship Faster Adoption and Manufacturing of Electric (and Hybrid) Vehicles-II. Moreover, increased stringency in claiming subsidies and delays in disbursement have been cited by several original equipment manufacturers (OEMs).

Strong SUV offtake, wedding season drive PV retail sales to record high in January: FADA

Strong SUV offtake, wedding season drive PV retail sales to record high in January: FADA

Rediff.com13 Feb 2024

Passenger vehicle retail sales rose to a record high in January driven by robust demand for sports utility vehicles, dealers' body FADA said on Tuesday. Passenger vehicle (PV) sales rose to 3,93,250 units last month, registering a jump of 13 per cent from 3,47,086 units sold in January 2023. "SUV demand along with the introduction of new models, greater availability, effective marketing, consumer schemes and the auspicious wedding season underpinned this strong performance," Federation of Automobile Dealers Associations (FADA) president Manish Raj Singhania said in a statement.

Vandalism at Kolkata hospital as midnight protest turns violent

Vandalism at Kolkata hospital as midnight protest turns violent

Rediff.com15 Aug 2024

The incident took place amid midnight protests by women against the horrific rape-murder of the doctor at the hospital.

Why EV sales set roads on fire in July

Why EV sales set roads on fire in July

Rediff.com2 Aug 2024

Sales of electric vehicles (EVs) in July touched 178,948 units, marking the highest monthly sales this financial year. This represents a 27.9 per cent increase from June, which saw 139,905 units sold, according to the Vahan data from the Ministry of Road Transport and Highways. The strong performance in July contributed to more than one million being sold in the first seven months of the calendar year.

Sales of commercial vehicles, two-wheelers to rise from H2

Sales of commercial vehicles, two-wheelers to rise from H2

Rediff.com12 Feb 2020

Industry representatives have said from the second half of the year, they hope to see revival because the rural economy is looking up and the projects the government has announced.

Govt trying to save Bawankule's son in Audi smash-up, alleges Oppn

Govt trying to save Bawankule's son in Audi smash-up, alleges Oppn

Rediff.com10 Sep 2024

The Audi car, which hit several vehicles in the Ramdaspeth area in the early hours of Monday, had five occupants, including Sanket Bawankule, who was not at the wheel at the time of the crash, which left two persons injured, according to the police.

Rs 26,400 cr on the cards for FAME-III

Rs 26,400 cr on the cards for FAME-III

Rediff.com4 Jan 2024

Based on discussions with stakeholders, the ministry is proposing to allocate Rs 26,400 crore for FAME-III subsidy alone with electric two wheelers getting around Rs 8,158 crore, electric buses Rs 9,600 crore and electric three-wheelers Rs 4,100 crore, according to sources in the know. Along with some other components like setting up an innovation fund and money for testing , the total allocation could cross Rs 33,000 crore, estimates suggest.

Kinetic Luna back after 2 decades, in e-avatar

Kinetic Luna back after 2 decades, in e-avatar

Rediff.com9 Feb 2024

Kinetic on Wednesday relaunched the iconic two-wheeler Luna in an electric avatar, addressing the demand for affordable electric vehicles (EVs), more than two decades after its initial introduction. e-Luna will be available at an introductory ex-showroom price of Rs 69,990, as announced by Sulajja Firodia Motwani, founder and chief executive officer of Kinetic Green, after Union Road Minister Nitin Gadkari launched the vehicle. Motwani pointed out that the current top 10 electric two-wheelers in the country are priced between Rs 1.05 lakh and Rs 1.49 lakh, making them a "luxury" that is not "practical and accessible" for most people in India.

Nov brings cheer to motown; PV wholesales grow 4%

Nov brings cheer to motown; PV wholesales grow 4%

Rediff.com12 Dec 2023

Domestic passenger vehicle wholesales rose by around 4 per cent year-on-year in November, driven by robust demand for utility vehicles, industry body SIAM said on Tuesday. Passenger vehicle dispatches from companies to dealers rose to 334,130 units last month, the best ever figure for the month of November, from 322,268 units in same month last year. Two-wheeler sales rose to 16,23,399 units last month, a growth of 31 per cent as compared to 12,36,282 units in November 2022.

Auto sales decline for 2nd consecutive month in August

Auto sales decline for 2nd consecutive month in August

Rediff.com1 Sep 2024

Leading automakers Maruti Suzuki, Hyundai and Tata Motors reported decline in wholesales in August as the companies curtailed vehicle dispatches amid drop in demand and to cut inventories at dealer level. Market leader Maruti Suzuki India said its total domestic passenger vehicle wholesales were at 143,075 units last month as compared to 156,114 units in the year-ago month, registering a dip of 8 per cent. Sales of mini segment cars, comprising Alto and S-Presso, declined to 10,648 units last month as against 12,209 units a year ago.

Shooters stayed near Salman's farmhouse in Panvel for a month

Shooters stayed near Salman's farmhouse in Panvel for a month

Rediff.com15 Apr 2024

Two motorcycle-borne persons, who allegedly opened fire outside Bollywood superstar Salman Khan's house in Bandra, Mumbai, had rented a house for a month in Navi Panvel in Raigad district, some 40 km from Mumbai, where he has a farmhouse, an official said on Monday.

Clashes in Maha's Nashik, Jalgaon after protests over Bangladesh violence

Clashes in Maha's Nashik, Jalgaon after protests over Bangladesh violence

Rediff.com17 Aug 2024

In Nashik, around 200km from Mumbai, two groups clashed during a bandh called by the Sakal Hindu Samaj in protest against atrocities on minority community members in the neighbouring country, leading to tension in the Bhadrakali area, where police lobbed tear gas shells to disperse the crowd.

Mumbai cops fumble as court questions BNS provision in BMW case

Mumbai cops fumble as court questions BNS provision in BMW case

Rediff.com8 Jul 2024

When the IO and other police personnel started fumbling with answers, the magistrate passed a copy of the BNS and asked them to go through the section in question.