Tata Motors is the leader in the electric car market with about 62 per cent share.
From the 30-share Sensex firms, Tata Motors, Bajaj Finance, Eternal, Adani Ports, Tata Steel, Titan, Mahindra & Mahindra and Power Grid were among the gainers. Asian Paints, Sun Pharma, ITC, Nestle, Reliance Industries and HCL Tech were among the laggards.
Congress leader Rahul Gandhi on Thursday claimed that Prime Minister Narendra Modi had agreed to hold a caste census 'out of fear' of the country's deprived population, to which the opposition was lending its voice.
Mid-tier information-technology (IT) companies last financial year reported better growth numbers than their larger counterparts, highlighting their ability to navigate the uncertain macroeconomic environment. Most of these companies - such as Persistent Systems, Coforge, KPIT, and Mphasis - focus on niche businesses and industries that allow them to go deeper in terms of client mining and expanding wallet share from existing customers.
German carmaker Volkswagen will be driving in its two globally acclaimed performance models Golf GTI and Tiguan R-line in India as part of its steps to enhance brand positioning in the country, a senior company official said on Monday.
Major Indian carmakers are preparing for sluggish domestic PV sales growth of just 1-2 per cent in FY26.
'Diplomatic and economic responses are first announced and then implemented. A military response is announced only after it is done.'
With India's EV penetration at just 2.5 per cent, the market presents an opportunity -- provided Tesla gets its pricing right.
Now, people can see some of the fastest machines in the world\nlike the Ferrari, Audi, BMW, Lamborghini and Porsche under one roof.
American electric carmaker Tesla has opened recruitment for various roles in India, including business operations analyst and customer support specialist, in what could be a precursor for the company's entry into the country. As per the job postings on the company's website, the posts are for the 'Mumbai Suburban' area.
BMW Group India recorded its highest annual sales on the back of strong demand for its top-end ICE (internal combustion engine) and electric vehicles (EVs). The German luxury automaker on Thursday announced that its domestic car sales jumped 18 per cent year-on-year (Y-o-Y) to 14,172 units in calendar year 2023 (CY23). This mirrored a trend in the luxury space, with its peers also reporting record numbers.
Samajwadi Party Rajya Sabha MP Ramji Lal Suman on Thursday said he will not apologise for his remarks on Rana Sanga because one cannot deny history.
Proliferation of home chargers of around 7 KWh and above, which take six to seven hours to fully charge a car depending on the model, bring running costs down by a third or so. That, coupled with the increasing range of modern electric cars, can lead to a massive increase in sales.
Automotive (auto) major Tata Motors posted a 51 per cent drop in consolidated net profit for the January-March quarter (Q4) of 2024-25 (FY25), to Rs 8,470 crore, due to a deferred tax asset of almost Rs 9,000 crore in the corresponding quarter of the previous financial year and an exceptional item of Rs 566 crore during the quarter. Revenue was up just 0.5 per cent year-on-year (Y-o-Y) at Rs 1.18 trillion for Q4FY25.
As we continue our climb, I meet 59-year-old Pushpa Devi from Banaras. I stare at her in wonderment when she tells me this is her 45th visit to the temple. She is equally bewildered to hear this is my first visit!What is it that draws her here each year? 'Bas ek shabd hai. Shraddha. (There is just one word. Faith.)'
'It is important India to stay focussed on its primary national objectives: Combating terrorism; not losing sight of other security and strategic concerns (on the Sino-Indian front for instance); ensuring a strong economy and registering growth which includes improving the lot of common people; and finally making certain that the social fabric remains intact and harmony among people is not jeopardised, at least any further,' asserts Nilanjan Mukhopadhyay.
Sedans and hatchbacks have both lost market share to SUVs, which now account for more than 50% share of the 4 million-odd-unit PV market in the country.
The Cyberster is currently sold in the UK for about Rs 63 lakh and is expected to be priced between Rs 65 lakh and Rs 70 lakhs.
'But I don't think the government is in a great hurry to sign the BTA.'
The incident took place around 6 am on January 9 near Stellar Jeevan Society in the Bisrakh police station area when the Jaguar car allegedly struck the boy from behind, as per a complaint lodged by the victim's father, Murari Singh.
Starlink's application for offering satcom services in India had been held up for the company's inability to comply with mandatory ownership disclosure norms.
Luxury carmaker Mercedes-Benz India plans to roll out 8 new models, including battery electric vehicles, this year as it looks to sustain sales momentum having posted record sales in 2024. The company sold 19,565 units last year, registering a growth of 12 per cent as compared to 17,408 units in 2023.
Lewis Hamilton will launch his bid to win the drivers' championship at a third F1 team when he makes his much-anticipated debut for Ferrari in the season-opening Australian Grand Prix.
Why is Shailesh Chandra, managing director of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, not worried about the competition?
'When I bought my first car after Secret Superstar, Junaid said, what a waste of money, autos are so convenient. Khushi is 10 minutes early for every meeting.'
At the end of the day, for many worldwide, the ongoing mutual attacks between Israel and Iran would seem a contest devoid of any moral high ground and only a bout between two ordinary adversaries, one that nevertheless risks spinning out of control into a larger conflagration, notes Shyam G Menon.
I am happy I didn't knock anyone down, driving recklessly or trying to show off. However, in one instance of road rage (the consequence of arguing with a driver who disrespected my right to cross the road peacefully) I did find a man in a SUV taking his anger out on me by driving his vehicle over my feet, recalls Shyam G Menon.
Alto, the Maruti brand synonymous with small cars, introduced the new generation K10 on Thursday, aiming to consolidate its position further amid shrinking demand for hatchbacks. With prices starting at Rs 399,000 and going up to Rs 533,500 (for manual transmission), the new model claims fuel efficiency of 24.90 km per litre. The Japanese car maker, which has been selling 100 Altos every hour for the last 22 years, had discontinued the model in February 2020.
Amid slowing volume sales among India's major automakers, Toyota Kirloskar Motor (TKM) has defied the trend with strong growth, driven by demand for hybrid vehicles and a reliable product line up. The company expects this momentum to continue in 2025. "The overall response to our cars has been fabulous. So, we foresee the same momentum in 2025 as well," Sabari Manohar, vice-president, sales-service-used car business, TKM, said.
French auto major Renault on Monday said it will buy out its Japanese partner Nissan's stake in their Indian joint venture -- Renault Nissan Automotive India Private Ltd. Renault Group would own 100 per cent of Renault Nissan Automotive India Private Ltd (RNAIPL), by acquiring the 51 per cent shareholding currently held by Nissan, the company said in a statement.
This is not the first EV that Mercedes would be making in India though. It has been making the EQS sedan here for the last 18 months, and has sold 500 units of the car.
After a brief lull during the pandemic, there is a strong revival in luxury car sales, bolstered by more launches across price bands, replacement demand, ban on old diesel vehicles in the NCR, and 'revenge buying'.
Tesla needs to either sell the same models with reduced features to lower the cost for Indian market, or incur losses.
'We are very quickly going to announce the timeline of our launches, which should start giving us the turnaround'
Punjab Police have arrested three individuals and foiled a major target killing planned by a terror module linked to the proscribed Babbar Khalsa International (BKI). The module was allegedly being handled by US-based gangster Gurpreet Singh alias Gopi Nawashehria, who is a close aide of Pakistan-based terrorist Harwinder Singh Rinda.
'We are not asking for incentives, but at least taxation can be aligned such that the rupee tax on consumers remains the same.'
It's a bird, it's a plane, it's the new electric SUVs from Mahindra! Rajesh Karkera and Hitesh Harisinghani/Rediff.com describe the futuristic BE 6e and XEV 9e.
Stepping up the competition in the electric vehicle (EV) market, JSW MG Motor on Wednesday launched its electric crossover sport utility vehicle (SUV) Windsor with a new and 'aggressive' pricing model, an assured buyback plan, a lifetime battery warranty, and free public charging for one year. Under this new battery-as-a-service (BaaS) pricing model, customers can purchase the Windsor at a starting price of Rs 9.99 lakh (ex-showroom) and then pay a battery usage fee of Rs 3.5 per kilometre (km).
'Every Indian should move to an EV, and the government should not buy any fossil fuel cars. The government should become the first driver of EV adoption.'
Pakistan military spokesperson Lieutenant General Ahmad Sharif Chaudhry told a hurriedly called press conference in Islamabad at around 4 am that th Pakistan air force's Nur Khan (Chaklala, Rawalpindi), Murid (Chakwal) and Rafiqui (Shorkot in Jhang district) airbases were targeted.
