Houses in low lying areas of Kerala were flooded in the heavy rains, while the accompanying strong winds uprooted trees, damaged homes and caused power disruptions, throwing normal way of life into disarray across the state.
A Mahindra group firm and electric vehicle maker, Mahindra Reva will showcase its Formula E car along with a concept electric sports car at the Auto Expo starting next week.
Curbs under Stage III include a ban on non-essential construction and demolition, closure of stone crushers and mining activities in Delhi-National Capital Region (NCR).
Company has already put in place around 100 charging points across Delhi and Bangalore.
Prime Minister Narendra Modi is set to hold bilateral meetings with US President Donald Trump and other prominent American personalities during his two-day visit to the United States.
The Tamil Nadu government on Tuesday cleared the Rs 13,180 crore project by Yuzhan Technology, part of Taiwan's Foxconn Group, at Kancheepuram. The unit is reportedly expected to assemble smartphone display modules, which will be one of the first such units to cater to Apple's growing presence in the country. The unit is expected to generate at least 14,000 jobs. Of the 14 existing manufacturing units in the Apple supply chain, seven are based in Tamil Nadu.
Model 3 received 180,000 orders worldwide.
Displaying 'ARMY' on private transport is an attempt to milk the respect and reverence that the common citizen has for a person in the armed forces, observes Colonel K Thammayya Udupa (retd). By writing 'ARMY' and displaying regimental insignias, we expect a few misdemeanours to be overlooked.
We no longer have the ambition to rival China save through words. We are happy to be fighting ourselves and digging up disputes from centuries ago as a substitute for real development, argues Aakar Patel.
Tata Elxsi (TelX) reported a weak Q3FY25, with a sharp deceleration in the transportation vertical. However, recent deals in the Asia-Pacific (APAC), higher mix of original equipment makers (OEMs) and partnership with Qualcomm will improve growth. FY25 is the third successive financial year of revenue growth deceleration and second successive financial year of profit deceleration.
'The startup ecosystem, the government, and the owners of large pools of Indian capital need to actively support the creation of these local champions, not pull down the teams that are trying hard to get there.'
While the BJP has assured voters that these benefits will not be discontinued, AAP leaders have questioned the party's long-term commitment.
'I am not an aspiration-oriented politician.' 'This is the time to redefine politics.' 'Politics of power is not real politics.'
Normally, the southwest monsoon makes its onset over Kerala by June 1 and covers the entire country by July 8. It starts retreating from northwest India around September 17 and withdraws completely by October 15.
'There's too much coincidence in back-to-back failures of missions critical to national security.'
Tata Motors is the leader in the electric car market with about 62 per cent share.
A Mumbai court on Friday denied bail to the driver of the Brihanmumbai Electric Supply and Transport (BEST) bus involved in the December 9 accident in Kurla West, which resulted in the deaths of seven persons and injured more than 40.
Here are the best models in the market right now.
The Mumbai Regional Transport Office (RTO) officials have said they suspect 'human error' and 'lack of proper training' led to the horrific accident in Kurla where a Brihanmumbai Electric Supply and Transport (BEST) bus fatally knocked down seven persons and injured 42 others.
India is sceptical that Tesla might import into the country cars made in China. Tesla executives were in India last month and appear to have proposed a factory in the country. But do not be surprised if that does not happen in a hurry.
Electric vehicle (EV) sales in India topped the 1 million mark in less than nine months in 2023, a milestone that took an entire year in 2022. According to data from the Ministry of Road Transport and Highways' Vahan Dashboard, 1,037,011 EVs were registered with regional transport offices till September 19, accounting for 6.4 per cent of the total automobile sales in the country this year. The sales surge can be attributed to increased individual purchases as well as business-to-business (B2B) acquisitions by EV fleet operators, industry sources said.
The pint-sized i-Road has two front wheels that move up and down independently of each other.
A Mumbai court has denied bail to the driver of a BEST bus involved in a fatal accident last month, finding that he was driving in a rash and negligent manner. The court rejected the driver's claim that the accident was due to a mechanical fault in the bus, citing a report from the Regional Transport Office (RTO) which found no evidence of such a fault. The accident, which occurred near Kurla railway station, claimed seven lives and injured over 40 people.
Passenger vehicle wholesales in India rose to a record high in October as companies pushed dispatches to dealers to cater to the enhanced demand in the festive season. The overall passenger vehicle wholesales in October rose to 391,472 units, up 16 per cent from 336,679 units in the same month last year. Last month witnessed the highest-ever dispatches of passenger vehicles in the domestic market by Maruti Suzuki India and Mahindra & Mahindra.
A 55-year-old man, who was among the several persons injured in the Brihanmumbai Electric Supply and Transport (BEST) bus accident in Kurla area of Mumbai, died on Monday morning, taking the death toll to eight, a civic official said.
A three-hour heavy downpour accompanied by a dust storm hit Delhi-NCR early morning on Friday, causing flight delays and traffic disruptions as seven people were killed in rain-related incidents across north India.
Ola Electric is moving the delivery for the first batch of its electric scooters to between December 15 to the end of the month, a two- to four-week delay from its earlier schedule, due to a shortage of chipsets and electronic parts. The first batch of deliveries were scheduled for November 30 but the company decided to delay them after a meeting between its factory team and the global supply chain on Saturday. It became clear that the late delivery of chips and electronic parts was only 'getting worse', sources told Business Standard. Ola has apologised to customers for the delay and said it is "ramping up production as fast as we can so that you can get your Ola S1 at the earliest". It has stopped taking any new bookings until the chip shortage has eased, say sources.
'Gujarat is the frontrunner at present.'
'However, Tamil Nadu's robust automobile ecosystem and Telangana's aggressive incentives make them strong contenders.'
The IMD issued a "Nowcast" warning, forecasting thunderstorms accompanied by lightning and intense spells of rain with gusty winds reaching 50-60 kmph at isolated places in Mumbai in the next three to four hours.
The driver of the BEST bus involved in the Kurla accident, which claimed eight lives, has been found to be mentally sound and not under the influence of alcohol at the time of the incident. Police investigations revealed no evidence of mental disorder or alcohol consumption, contradicting the driver's claim of brake failure. The RTO report suggests that the bus was in working order and the accident was likely caused by human error or inadequate training.
Armed with swanky showrooms, decked with plush fixtures, and offering indulgences such as high-end perfumes and customisable accessories, BMW, Mercedes, Audi are rolling out the red carpet for the well-heeled.
Large manufacturers are investing in small companies to get a peek into their R&D. Alnoor Peermohamed and Anita Babu report.
Automotive (auto) major Mahindra & Mahindra (M&M), which is readying to launch nine sport utility vehicles (internal combustion engine/ICE), seven Born Electric Vehicles (BEVs), and seven light commercial vehicles by 2030, has outlined an investment of Rs 27,000 crore in its auto business between 2024-25 (FY25) and 2026-27 (FY27). Over the next three years, the company will deploy Rs 37,000 crore, including its auto business, farm business (Rs 5,000 crore), and service business (Rs 5,000 crore).
Auto parts maker Sona BLW Precision Forgings (Sona) reported strong revenue in the fourth quarter of financial year 2023-24 (Q4FY24) as demand for electric vehicles expands. The company reported a 19 per cent year-on-year (Y-o-Y) increase in sales to beat street estimates. Sales were powered by a 34 per cent growth in the battery electric vehicle (BEV) segment and a good show in the differential gear segment.
Investors attribute the revival to the country's strong public markets, which are boosting confidence in initial public offering (IPO)-bound startups offering viable exit opportunities.
May invest around $100 mn in setting up a 200-acre park
The Budget has given signals that India is sensitive to the US needs and willing to walk the extra mile, but if need be, we should respond in equal measure as a sovereign nation, notes Ajay Srivastava.
As Mumbai's real estate and electric vehicle penetration grows, two of the city's private power distribution companies, Adani Electricity and Tata Power, are eyeing a bigger business pie, particularly betting on high-value customers. Adani Electricity Mumbai (AEML), the subsidiary which houses Adani Energy Solutions' Mumbai distribution business, recorded a six per cent growth in total units sold in the financial year 2023-24 (FY24), the company's presentation shows. This gain came at over 13 per cent growth in the year-ago period.
As Modi's government embarks on its third term, apart from ensuring these schemes boost India's green mobility, addressing bottlenecks like battery swapping and meeting PLI deadlines are likely to be the government's major tasks.
Clean air needs action all year round; and that it will work only if we act jointly and at scale, asserts Sunita Narain.
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