The UK government on Sunday announced that it will support "iconic British brand" Jaguar Land Rover (JLR) with a loan guarantee of up to 1.5 billion pounds to give certainty to the Tata Motors owned carmaker's supply chain following a devastating cyber-attack. The loan will come from a commercial bank, backed by the Department for Business and Trade's (DBT) Export Development Guarantee (EDG), provided by export credit agency UK Export Finance, to be paid back over five years.
The balloons, streamers, stars and flowers are all over. Workers ready cars for delivery -- there are number plates to screw in, wheels to polish and accessories to fit.
Senior finance ministry official Navjot Singh, killed in a BMW crash, was cremated. The driver's alcohol test was negative, and an investigation is underway.
'I realised why the farmers and the rural folks are going for Trump. They are so insecure and vulnerable that anybody who is throwing a line of hope to them, they seize it.'
GST Reform 2.0, which trims tax slabs from four to two, signals a push for demand-led growth, and together with recent income tax cuts, sets the stage for sustained economic growth, experts said. The Goods and Services Tax (GST) Council on September 3 approved an overhaul of the indirect tax regime by taxing essentials at 5 per cent and other goods at 18 per cent. A new 40 per cent tax will be applicable on luxury and sin items.
The Nano price point would see a 65 per cent increase in the number of families that can afford a car.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
The offroad legend 2025 Mahindra Thar launched at an eye-popping Rs 9.99 lakh, writes Rajesh Karkera/Rediff.com.
Maruti Suzuki and Hyundai Motor India on Monday reported a dip in passenger vehicle dispatches to dealers in the domestic market last month as the companies tried to adjust vehicle inventory amid slowing demand. Maruti Suzuki India said it "calibrated supplies" to the dealers, aligning with the industry's retail sales projections amid India-Pakistan conflict and a dip in sales of entry-level cars.
A Mumbai couple survived a serious car accident thanks to a traffic policeman who had reminded them to wear seatbelts just minutes before. The officer's vigilance earned him praise from the couple and the Mumbai police commissioner.
Sluggish urban demand, a high base effect, and weak sales of hatchbacks and sedans weigh down passenger vehicle sales in FY25.
US automobile manufacturer Ford is studying the feasibility of launching a compact car in India that will be imported as a completely-knocked-down kit from a manufacturing hub in Thailand.
'People ask me about my biggest action sequence; this is it, because it involved two giants of Indian cinema.'
The proposed reforms in goods and services tax (GST) announced by the government last week, coupled with the eighth pay commission dole-out, is likely to push consumption-driven stocks - such as air conditioners (ACs), select automobiles, fast-moving consumer goods (FMCG), retail, and counters of quick-service restaurants (QSRs) - into higher orbit over the next few months, believe analysts.
Rising interest rates and anticipated launch of the Tata Nano has impacted the sales of entry level cars like the Maruti 800, and anlaysts expected the entry level market dynamics to change further post the Nano launch expected in the last quarter of the fiscal.
Chartered accountant Nitin Kaushik's message to India's young workforce is clear: spend smart, save smarter and let money serve your goals.
You don't need a six-figure salary to build wealth -- you need discipline and a smart plan, says Ramalingam Kalirajan. and shows you how
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Ask rediffGURU Reetika Sharma your insurance mutual fund and personal finance-related questions.
The regulatory burden is the highest on small cars, a key segment of the Indian automobile industry and having a uniform tax structure across all segments of vehicles will not augur well for the sector growth, according to Maruti Suzuki India chairman RC Bhargava. He also said India's economic growth rate could be higher if the manufacturing sector grows fast, which 'unfortunately' has remained a laggard despite the best efforts of the Narendra Modi-led government at the Centre due to implementation gaps at the ground level. "The burden of regulatory changes on the small cars is far higher than the regulatory burden on big cars and that is changing the whole market behaviour.
'It's important for India to think about areas where it wants the US to move.' 'We can be far more innovative in what we ask the US.' 'Given that there's a package deal, why not do it?'
Red Square and VDNKh easily rank among the most striking places I've visited -- both for their historical significance and architectural splendour.
My admiration for Russian culture, vision and ambition grew with every step as I clocked the miles, Nitin Sathe tells us after a visit to Moscow and St Petersburg.
This isn't just a home for the elderly. It's a place where life stories, generations, and cultures weave themselves into something quietly extraordinary, discovers Nitin Sathe.
India pacer Mohammed Siraj on Wednesday landed in his hometown Hyderabad after a stellar performance in the intensely-contested drawn Test series against England and enthusiastic fans made a beeline to welcome him.
'Are there other ways to reduce the energy airconditioners consume?' asks Ambi Parameswaran.
Lord Paul made reference to Caparo's factory in Singur.
Carlos Ghosn has appointed small-car specialist Gerard Detourbet to design one specially for India.
With about 2,000 participants and 1,20,000 square feet of display area, the 9th Auto Expo would be next only to the Shanghai Motor Show in terms of space occupied and is expected to host over 12 lakh visitors during January 10-17. Organised jointly by Confederation of Indian Industry, Society of Indian Automobile Manufacturers and Automotive Component Manufacturers Association of India, the 9th Auto Expo would be open for general public from January 10-17.
India and the UK on Thursday inked a landmark free trade agreement (FTA) that will cut tariffs on British whisky, cars and an array of items, besides boosting bilateral trade by around $34 billion annually.
With the Nano's sales stuck in a low gear, firm drives hope on product variants and the base of hopefully satisfied customers.
The January-March quarter (Q4) results for 2024-25 (FY25) from the country's largest passenger vehicle (PV) maker, Maruti Suzuki India (MSIL), were a mixed bag, with revenues broadly in line but operating profit missing Street expectations. Given cost pressures, margins at the operating level were the lowest in the past seven quarters.
The company's Indian subsidiary, Nissan Motor India, is rapidly strengthening its research and development wing for the purpose.
Simplifying GST rates, removing exemptions, easing disputes, and speeding up refunds can boost investment in India and offer the best reply to Trump's tariffs, observes V S Krishnan, former member, Central Board of Indirect Taxes and Customs.
Bajaj Auto expects to launch its small car in the next four years in partnership with Renault and Nissan.
The festival's People's Choice Award, voted by the audience, is a strong indication of films that can eventually be nominated and even win Oscars. Twelve of the last 15 People's Choice winners have received Best Picture Oscar nominations.
Japanese car giant Toyota on Thursday said it will display 14 production and concept vehicles, including its low-cost compact car, at the forthcoming Auto Expo in the capital.
'On our first day at the Kumbh Mela, there was a fire and shook our confidence. 'There must have been a few crore people there.' 'How do we place the camera in between them?'
Mitsubishi Motor Corporation's plan to produce a volume-generating compact car from India has been indefinitely deferred for lack of funds and sliding demand.
AAP national convenor Arvind Kejriwal filed his nomination for the upcoming Delhi Assembly elections from the New Delhi constituency on Wednesday, declaring net assets totaling Rs 1.73 crore. According to Kejriwal's affidavit submitted to the Election Commission (EC), his assets include Rs 2.96 lakh in bank savings and Rs 50,000 in cash. His immovable assets are worth Rs 1.7 crore. The affidavit also revealed that Kejriwal owns no house or car. Kejriwal's wife, Sunita, has total assets worth Rs 2.5 crore, including a house in Gurugram and a small car. The couple's combined net assets are worth Rs 4.23 crore. Senior AAP leader and former Delhi minister Satyendar Jain also filed his nomination, from the Shakur Basti assembly constituency, declaring a net worth of Rs 4.4 crore.
Prime Minister Narendra Modi inaugurated Kartavya Bhavan, the first of ten Common Central Secretariat buildings, aiming to consolidate ministries for improved efficiency. The building will house several key ministries, relocating them from older, outdated structures.
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