'Our automakers export 50 per cent of what they manufacture and once the policy comes into play, which is in the next 2-3 years, we would become a Rs 10 trillion industry.'
The odd-even scheme faces a real test with reopening of offices, schools and other institutions after the extended weekend.
Haryana Bharatiya Janata Party chief Subhash Barala whose son Vikas was arrested for stalking a woman in Chandigarh, finally broke his silence on the matter and asserted that he is not using his political influence to pressurise the investigation in the matter.
Exasperated by frequent labour strikes, the Tamil Nadu government has decided to give public utility status to Auto components makers. A move that has left labour unions fuming since, now, they won't be able to go on strike without issuing a notice of six weeks in advance.
May invest around $100 mn in setting up a 200-acre park
A Kerala court on Tuesday sentenced to 10 years in jail the husband of Vismaya, an Ayurveda medical student who hanged herself in her marital home in June last year, for dowry death.
The Bombay high court on Thursday directed the Comptroller and Auditor General of India (CAG) to look into allegations of irregularities in toll collection on the Mumbai-Pune Expressway.
The hit-and-run case involving actor Salman Khan did not commence on Monday as his lawyer could not come to court due to ill-health, but a key witness made an oral request for police protection which the judge said he would consider after a written submission is made.
Vismaya, 22, was found dead in the house of her husband at Sasthamkotta in Kollam district on June 21, 2021.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
Cummins India will soon start producing fuel-agnostic engine systems at the Tata-Cummins plant in Phaltan in Satara district of Maharashtra, senior officials at Cummins India said. The firm will start limited production by the end of 2023 and mass production will likely begin by 2024, the officials said.
The farmers threatened to intensify their agitation and block more roads if the government did not accept their demand.
The government will soon launch a facility under which a Permanent Account Number card will be issued within 48 hours of applying.
The sharp increase in commodity prices on account of the Russia-Ukraine war has put automakers in a fix. After the frequent price hikes in the current fiscal, manufacturers fear that any more price increases may further dent the already weak demand in certain segments. "We have taken several hikes and cannot immediately do it again. "We will have to closely watch the situation and act accordingly," said an official at an auto firm, declining to be identified. Even for companies like Tata Motors Passenger Vehicles, which has had a strong volume run and a robust order book, passing on the entire costs has been tough.
The court adjourned the hearing in the case to October 27.
Ford dealers in India are staring at huge losses with the automaker deciding to shut production in the country with immediate effect, automobile dealers' body FADA said on Thursday. Terming the company decision as shocking, the industry body noted that the dealers have invested over Rs 2,000 crore in creating sales infrastructure while employing around 40,000 people across the country. "The auto retail fraternity is really shocked to hear another Ford India's announcement where it has said that it will shut down production with immediate effect," FADA president Vinkesh Gulati said in a statement.
The incident took place at around 12.30 am in the Crawford Market area under Pydhonie Police Station limits when the man lost control over his high-end Mercedes, as a result of which it rammed into a pavement and hit five persons who were sleeping there
'The government never asked any transport association before making this law on hit and run cases.' 'MPs only clapped to Amit Shah's new law and never questioned him about this law.' 'Are these MPs not bothered about the lives of drivers?'
India will have 30 per cent of its two-wheeler industry turning electric by 2030 as new manufacturers lead the shift, said a report on Monday. Passenger vehicles will be 15 per cent electric and the three-wheeler segment 75 per cent electric by 2030, said the report by BNP Paribas called 'India Autos-Electric vehicles: Minutes to midnight'. "We see FY22 as the year of inflection for the two-wheeler EV industry, with an accelerated EV adoption helped by incentives, wider availability, model launches, rise in crude prices and improved general awareness. We see 30 per cent of the 2W industry turning electric by 2030; the pace of incentive withdrawal presents an upside/downside risk," the report (India Autos - Electric vehicles: Minutes to midnight) said.
The National Judicial Commission Bill, 2022, was introduced after the majority of voice votes were in its favour.
Anjuli Bhargava finds out that an astonishing number of relatives of DGCA officials over the years are and have been employed in the airline industry.
In the aftermath of the Uber rape case, police and transport department are working together to frame a foolproof system that will ensure that no person with criminal antecedents gets a licence, the Delhi police chief said on Friday.
Officials of the international radio taxi service Uber will be questioned by the police for the second consecutive day on Tuesday in connection with the alleged rape of a 27-year-old finance company executive by its driver.
'Make every trip feel like an escape' says the Uber website. Ironically, it remains to be seen how the company can get away from this controversy.
Just two days before Congress leader Rahul Gandhi-led Bharat Jodo Yatra is scheduled to reach Jammu, two back-to-back explosions rocked a busy locality on the outskirts of the city on Saturday, leaving nine people injured, officials said.
Traffic was thrown out of gear in national capital New Delhi on Saturday and several major roads witnessed a chock-a-block situation, a day after the fortnight-long Odd-Even scheme restricting movement of private cars ended.
Standing by his cycle, the 36-year-old from Punjab Moga's district said he could have taken a bus or a train to Delhi, but that could mean his family would have to go hungry.
Home-grown taxi booking companies which have a business model similar to Uber's might have stricter security norms imposed on them.
The deadlock continues as the seventh round of talks with the Centre remained inconclusive, with the farmer groups sticking to their demand for the repeal of the three new laws, and the government listing out various benefits of the new Acts.
In a relief to actor Salman Khan, a sessions court on Tuesday ruled that it cannot ask him to produce his driving licence at this stage of the trial and he can furnish it at an appropriate stage, if he so desired.
'The plan is to secure nod of the Union Cabinet and other relevant regulatory approvals within the next three months,' a senior finance ministry official said, requesting anonymity.
Core sector companies have seen volumes drop to single digit in the first nine months of FY16.
A thick security blanket has been thrown around Srinagar for Prime Minister Narendra Modi's election rally in Kashmir on Monday at the Sher-e-Kashmir Cricket Stadium.
The driver of the private school van had his earphones on and was driving on the wrong side of the road. The milk tanker driver was allegedly under the influence of alcohol, police said.
In a major decision, Delhi government on Wednesday rejected fresh applications for licence by US-based taxi booking firm Uber and two other such service providers -- Ola and TaxiForSure.
Uber is facing sharp criticism from fellow taxi providers for not following strict security norms leading to the rape of a passenger in New Delhi.
The sector hit many roadblocks during 2014, as builders were seen shying away from the projects and investments dried up amid various regulatory, judicial and policy-related bottlenecks.
The road will help in transportation of goods and further development of SMEs in North East India
Multiple reasons accounted for the losses, including manpower crunch and lack of clarity on the merger of National, United and Oriental, reports Namrata Acharya.
