Mahindra & Mahindra (M&M) is stepping beyond vehicle manufacturing to build a national electric-mobility ecosystem.
Tesla's official entry into the Indian market is expected in the final quarter of the current financial year.
The intruder, who is in his early 20s, was taken into custody by Army troops soon after he entered into this side from across the LoC.
The armies of India and Pakistan on Thursday held a brigade commander-level flag meeting along the Line of Control (LoC) in Jammu and Kashmir's Poonch district to discuss issues related to border management.
Skoda Auto India, the Czech carmaker that has recently found success with its compact SUV Kylaq, says it remains committed to developing a fully localised electric vehicle (EV). The EV will be manufactured at its Chakan facility for both Indian market and exports.
The US carmaker's entry into India is expected by the last quarter of the current financial year.
The Rs 1-trillion Research Development and Innovation (RDI) fund, which was announced in the July budget for FY25, of which Rs 20,000 crore has already been allocated, will be operationalised in the next two to three months, a top official said.
Is Deputy CM Ajit Pawar giving the CM shooting lessons?
The Tesla careers page reveals there are 14 staff vacancies, of which 13 are based in Mumbai.
Pawar was apparently referring to MLA Nitesh Rane, who in a recent video can be seen telling a gathering that they should have business transactions only with Hindus.
Bajaj Auto's plant in Chakan has been shut for three days.
Striking workers lacked support in the Pimpri-Chinchwad-Chakan belt.
Bajaj Auto on Tuesday said it is hopeful of finding a solution to end the strike at its Chakan plant in the next two days and hence has extended deadline for the permanent transfer of 50 per cent of production from there to other units till Friday.
The company, which produced 970 units on Sunday from the facility, produced 1,250 units on Monday, a senior executive of the company said.
The auto major is not just looking at domestic sales, but also planning to ramp up exports to key markets from here, like the Middle East, North Africa and Australia.
The Chakan plant, which produces the KTM and Bajaj brands, is at present operating with manpower little more than half its total strength.
The production at Bajaj Auto's Chakan plant near Pune remained crippled on Wednesday as the agitation by company's nearly 2,000 employees over wage revision and other demands continued for the second day.
Bajaj Auto Ltd (BAL) on Tuesday said workmen at its Chakan plant have "stopped coming" to work thereby affecting production following the management's refusal to allot them shares at discounted price.
For the first time in history, the luxury car market is poised to cross the sales mark of 50,000 units in 2024, with Mercedes leading the way
German luxury carmaker Mercedes-Benz is considering assembling more electric vehicles at its plant in India not merely to gain cost advantage but also to meet its zero emission mobility and carbon neutral setup goals, according to a senior company official. Mercedes-Benz India, which currently assembles its flagship electric luxury sedan EQS at its Chakan unit, is considering localisation of other models depending on demand.
Production has crippled at Bajaj Auto's Chakan plant in Maharashtra following a labour strike which entered its third day today.
M&M is in the final stages of acquiring troubled South Korean automaker Ssangyong Motor Company.
The company took advantage of the slowdown in the auto industry.
After its pullout from the tripartite joint venture with Renault and Nissan to set up a manufacturing plant in Chennai, homegrown auto major Mahindra & Mahindra on Monday said it will invest an additional Rs 1,500 crore (Rs 15 billion) in its Chakan unit, near Pune in Maharashtra.The company has signed an MoU with Maharashtra government to invest an additional Rs 1,500 crore to the already earmarked Rs 2,500 crore (Rs 25 billion) in the Chakan manufacturing plant.
The union had threatened to go on strike on April 28, but later deferred the proposed strike till May 15.
Dow India would comply with all the directives stated by the government to work outa solution to the current situation, the company said. Recently the company's research facility at Chakan was razed by a group of villagers, following which members of the Warkari sect claimed responsibility for the act, saying they would not allow the facility to come up at a place which is sacred to the followers of the 17th century Bhakti movement saint Tukaram.
koda Auto India is set to drive in a new car by the first half of next year to reach its target of 100,000 unit annual sales in the country by 2026. The compact sports utility vehicle (SUV) will be positioned against the likes of Maruti Brezza, Hyundai Venue, and Kia Sonet, and would be competitively priced, a senior company official said. koda will also export the car to right-hand-drive markets like Australia, New Zealand and the Asean nations.
Bajaj Auto unions allege that management is not using CSR funds for welfare activities.
There was no traditional exchange of sweets and pleasantries between the two sides along the International Border, the officials said, attributing it to the tense situation following the recent ceasefire violations by Pakistan Rangers that left a Border Security Force jawan dead.
The electric Chetak has already sold close to 25,000 units in India, and the European version will be based on the same platform.
In 1666, Shivaji Maharaj and his son Sambhaji escaped from the Agra Fort, one of the most miraculous escapes in India's history.
In a daring robbery at an ATM kiosk on Chakan-Alandi Road near Pune in the wee hours of Sunday morning, burglars stole Rs 16 lakh (Rs 1.6 million) by triggering a low intensity blast at the cash dispenser.
He was on Wednesday produced before a magistrate in suburban Andheri which remanded him in police custody till October 23 in the same mephedrone seizure case.
The body of Tabarak Hussain (32) was handed over two days after he died of cardiac arrest at a military hospital in Rajouri district, officials said.
Pimpri Chinchwad Police Commissioner Krishna Prakash, who led the operation late Sunday night, "threw a tree" on the accused when they tried to escape following the confrontation and exchange of fire between the two sides, he said.
The Foreign Office on Monday summoned the Indian Charge d'Affaires (Cd'A) in Islamabad to lodge a protest over the alleged killing of a Pakistani citizen, who had infiltrated into Jammu and Kashmir to attack an army post.
You increase the production, only then it is possible to reduce cost, Gadkari said.
A financial loss of Rs 8 to Rs 10 crore has been estimated due to the violence.
Switching off the engine affects the vehicle's braking ability and this possibly resulted in the truck hitting other vehicles on the bridge slope on Sunday, as per a probe conducted into the accident by the Regional Transport Office (RTO), he said.
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