Raja was hacked to death on May 23 while honeymooning in the northeastern state. His wife Sonam, her alleged boyfriend Raj and three hitmen have been arrested in connection with the murder.
ASG said it would be impossible to accommodate people in public transport if odd-even scheme is made applicable for two-wheelers also.
From premium electric motorcycles to mass-market scooters, manufacturers are rapidly expanding their portfolios to capture a larger share of the booming market.
The growth in two wheelers were triggered by couple of factors such as 4 per cent excise duty cut announced in stimulus package in December 2008, fuel price reduction of Rs 5 per litre in petrol and Rs 2 per litre in diesel as well as the unaffected and untapped demand from the rural market.
Automobile retail sales grew 9 per cent year on year in 2024 riding on the back of robust demand for two-wheelers and passenger vehicles amid challenging business environment, dealers' body FADA said on Tuesday. Overall vehicle registrations stood at 2,61,07,679 units last year as compared to 2,39,28,293 units in the 2023 calendar year, recording a growth of 9 per cent.
'The government's priority is not farmers.'
Kinetic Motor Company, the country's pioneer in modern gearless scooters, proposes to bring out seven new models of two-wheelers in a tie-up with Italian scooter manufacturer Italjet.
A 24-year-old man was killed and two women were injured in Chandigarh after a Porsche car hit two scooters. The incident happened near a petrol pump in Sector 4 at around 8 am on Monday. The impact of the collision was so strong that one of the two-wheelers was completely destroyed and the front portion of the luxury car was damaged. The accident also severed Ankit's leg and injured the legs of the women. The driver of the Porsche was arrested.
Vietnam was wonderful and the people warm and hospitable, Radhika Mittal discovered over a 11-day stay.
The heavy industries ministersaid that the proposal for the auto scrappage policy was ready and all stakeholders have provided inputs, therefore its announcement was likely very soon.
Navratri and Onam saw flat sales, but industry hopes to turn the corner with a cracker of a Diwali.
Ola Electric has eliminated its regional warehouses across India, and will now leverage its 4,000 retail stores nationwide for maintaining vehicle inventory, spare parts, accessories, and last-mile deliveries. The strategic move is expected to boost EBITDA margins by almost 10 percentage points, besides improving inventory management and faster customer deliveries, sources directly familiar with the matter said.
Ahmedabad-based filmmaker Mahesh Jirawala, who was reported missing following the June 12 air crash, the matching of DNA samples confirmed that he died in the catastrophe, following which his mortal remains were handed over to his family.
Indian two-wheeler majors Hero MotoCorp and Bajaj Auto are the biggest beneficiaries of this surge and, between the two, they are estimated to control about half of the local market there
Automobile dispatches from companies to dealers rose 12 per cent last year compared to 2023 on the back of positive consumer sentiments which aided robust demand for two-wheelers, industry body SIAM said on Tuesday. Total wholesales across categories rose to 2,54,98,763 units in 2024 against 228,39,130 units in 2023, a growth of 11.6 per cent.
The only silver lining in March's performance -- which otherwise dragged down the financial year's momentum -- was a 6 per cent year-on-year (Y-o-Y) growth compared to March of the previous year. This is largely due to incentives, festival-driven gains, and new launches.
The 17 rare earth elements that are at the centre of the current crisis are critical components of everyday products -- from cars to jet engines to electronics like smartphones and flat-screen TVs.
Fada estimates that global supply chain headwinds like scarce availability of rare earth elements for electric vehicle components and geopolitical tensions may affect urban consumer sentiment in June as well.
Hero MotoCorp on Tuesday posted 24 per cent increase in consolidated profit after tax at Rs 1,169 crore for the fourth quarter ended March 31, 2025 riding on higher margins backed by better product mix, parts revenue and cost effectiveness. The company had reported a consolidated profit after tax (PAT) of Rs 943 crore in January-March FY24.
The new scheme may link the incentives to the battery power - higher the power, higher the incentive and most electric two-wheelers running on Indian roads use low power and fast charging batteries.
Irdai has proposed to increase the Motor Third Party premium rates for cars below 1000 cc to Rs 2,120 from the existing Rs 1,850 for the fiscal 2019-20.
Amid the ongoing controversy in Maharashtra over Ola Electric stores operating without a trade certificate, sources at the Bengaluru-based electric two-wheeler manufacturer said the company is currently transitioning from a centralised warehouse model to a retail-focused approach. They emphasized that Ola Electric is ensuring all regulatory compliances are being met during this shift.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
India's top two-wheeler makers have big plans for 2013
Overall, volume growth is likely to be in the range of 3-8 per cent for two-wheelers and 5-7 per cent for passenger vehicles owing to healthy demand from urban and rural areas and pending order books.
While buying a policy a customer should make sure s/he reads the terms and conditions very well. That is important because whatever is in the policy determines what the company is liable to cover.
A 26-year-old man, Anandu Krishnan, has been arrested for allegedly defrauding people across Kerala by promising them scooters, sewing machines, and home appliances at half price. The accused claimed to use Corporate Social Responsibility (CSR) funds from big companies. The case has taken a political turn with the involvement of Congress leader Lali Vincent, who served as a legal advisor to an NGO involved in the transactions. Vincent defended Krishnan and said he was not a fraudster, claiming he was made a scapegoat after those who promised CSR funds backed away. The case is being investigated by the Kerala police, who are also looking into the role of certain political leaders in the fraud.
The two-wheeler giant had only 14 per cent of the electric two-wheeler market in May this year, but its 26.8 per cent in December
RJD president Lalu Prasad has expelled his elder son, Tej Pratap Yadav, from the party for six years for "irresponsible behavior" and snapped all family ties with him. The decision comes after a viral Facebook post claimed that Yadav, a former Bihar minister, was "in a relationship" with a young woman.
Plans Rs 4,500-cr investment, two new factories, identifies 30 global markets.
The total vehicle retail sales in India witnessed a 32 per cent on-year rise in October to 28,32,944 units with all segments including two-wheelers and passenger vehicles registering strong growth, Federation of Automobile Dealers' Association (FADA) said on Wednesday. The total vehicle retail sales in October 2023 stood at 21,43,929 units, as per FADA. The strong growth in October this year was largely driven by the rural market, especially boosting two-wheeler and passenger vehicles sales, supported by increased Minimum Support Price (MSP) for Rabi crops, FADA said.
Nearly a decade ago, the first fully electric vehicle (EV) caught fire on the road in the US. It was a model from Tesla, the world's most admired EV maker. A metal fragment punctured the underbelly of the vehicle, penetrating its battery pack, leading to a fire. Indian lawmakers and automakers have had nine years to study the incident (in fact, three Tesla Model Ss caught fire in two months in 2013) but seem to have learnt little.
Bajaj Auto, the country's second largest two-wheeler manufacturer, may cut production as it sees a slowdown in motorcycle sales after the current festival season.
Leading Indian electric two-wheeler (e2W) companies have said that "swapping" of batteries is currently unviable and will only increase the cost for a consumer to run the vehicle.
'Price competition is fierce, with many companies selling at zero margin.' 'This pricing pressure is challenging smaller companies and will likely drive some out of the market over time.'
'The testing and certification have been completed, and implementation could occur within a year, depending on the number of vehicles.'
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.
Hopes to launch e-scooters within two years
The country's largest two-wheeler manufacturer Hero Honda on Monday announced that it has hiked prices of its products between Rs 500 and Rs 1,000, owing to increase in input costs. Hero Honda Managing Director Pawan Munjal told reporters in New Delhi that the company had been trying to absorb rising commodity prices, but it has reached a stage where it needed to pass it to the customers. Models like Splendor Plus, Passion Plus, CBZ and Hunk will see price hike.
