Electric scooter registrations of eight companies which represent 95 per cent of the market have seen a sharp fall of over 24 per cent in May. They have registered 32,680 electric scooters against 43,098 in April according to VAHAN data from the Ministry of Road Transport and Highways available till the evening of 31 May. Auto analysts say the fall is a reflection of the initial pent up demand in the market for such vehicles,which was evinced in huge bookings, being met.
'In terms of semiconductors, challenges do remain in the pan industry, but I think we are much better than where we were a year or so back.'
Analysts have predicted a 23 per cent volume growth for the auto segment between FY22 and FY25, riding on the company's differentiated EV and SUV plan. M&M is already a market leader with a 36 per cent share in electric three-wheelers, and its Zaheerabad plant in Telangana is ready to cater to demand. In the farm segment, the company plans to focus on niche electric products.
A first information report (FIR) was registered Sunday under the Unlawful Activities (Prevention) Act after two explosives-laden drones crashed into the Indian Air Force station at Jammu airport, officials said, while indicating that the case is likely to be taken over by the terror probe agency National Investigation Agency.
The MP ATS arrested 11 persons, including a gym trainer, software engineer and teacher, and booked them under the Unlawful Activities (Prevention) Act and other relevant provisions of the IPC, an official said.
Consolidated earnings of Bharat Forge in Q3FY23 missed estimates, largely due to higher-than-expected interest burden, although operational numbers (including standalone numbers) were close to consensus. Still, the management guidance was positive and appeared to be based on logic.
According to the footage, initially, the friend was driving the scooter, while the victim sat in the back seat.
The FIR states that the Kanjhawala police station received three PCR calls that the naked body of a woman was found near Hanuman Mandir, Jonti village.
Pakistan's former prime minister Imran Khan on Monday appeared before the Lahore high court which granted him protective bail in a case linked to violent protests outside the election commission, amidst high drama inside the court premises where hundreds of his supporters converged to show solidarity with him.
The new Scorpio came after a gap of 24 months since its last launch, during which the competition launched a slew of products.
Nano vendors say if all-India bookings cross 500,000, Tata Motors may have to explore the option of having a satellite plant to its present mother factory at Sanand near Ahmedabad. Many who had taken up space at the vendor park in Singur, the centre of the main dispute with the give-us-our-land-back agitationists led by the opposition Trinamool Congress, are hanging on in this hope.
The vehicle is not owned by the senior BJP leader but his name was used to obtain the Pollution Under Control tag, an official said.
Tata Motors on Wednesday launched its Tiago EV with introductory prices for first 10,000 customers ranging between Rs 8.49-11.79 lakh
Only five of India's top 20 car models have seen a reduction in wait times over the past year.
The family of a 22-year-old youth has accused cow vigilantes of thrashing him to death after branding him a cow smuggler in Nuh district, but the police said he died in a road accident.
The victim's friend, who was riding pillion on her scooty, had told the media that Anjali was drunk and had insisted on driving the two-wheeler on the fateful night.
Leading carmakers Maruti Suzuki, Hyundai and Tata Motors reported robust dispatches to dealers in May on the back of strong demand for passenger vehicles across regions, even as the global semiconductor shortage continued to impact production. Mahindra & Mahindra, Kia India, Toyota Kirloskar Motor, Honda Cars and Skoda also witnessed strong demand for their models last month. The month of May also witnessed Tata Motors race ahead of Hyundai in terms of domestic wholesales.
The victim was a farmer apparently taking part in the protest in the district's Longowal area, where police were trying to stop protesters from blocking a national highway and a toll plaza, officials said.
As many as 37 farmer leaders, including Rakesh Tikait, Yogendra Yadav, Darshan Pal and Gurnam Singh Chaduni, have been named in a first information report in connection with the violence during the tractor parade that left 300 police personnel injured even as two farmer unions on Wednesday withdrew from the agitation against the farm laws.
'He was a sentimental man, but his commitment to the Olive Green always came before anything else, including his family.' A fascinating excerpt from Rachna Bisht Rawat's Bipin: The Man Behind The Uniform.
Buying a car, particularly a diesel-powered one, is set to pinch the customers' pockets even more from the next financial year, as the second phase of Bharat Stage VI (BSVI) emission norms kicks in. The rules require cars to be compliant with real driving emission (RDE) norms, which measure pollutants emitted by cars while they are being driven on the road, unlike in a laboratory test. The norms may increase the cost of producing diesel vehicles by nearly Rs 75,000 to Rs 80,000, and petrol-powered ones by Rs 25,000 to Rs 30,000, analysts said.
Narendra D Modi and his party campaigned in these elections uncharacteristically without any big ideas. Of course, winning each election at all costs could be a big idea as well, observes Shekhar Gupta.
'The war has been on for four weeks; the bombings are still on. I can hear it in my house.'
The Rajasthan police has got concrete evidence against eight accused named in the FIR registered after the abduction and murder of two Muslim men whose charred bodies were found in Haryana's Bhiwani, officials said on Wednesday.
The details of FIR made public on Monday show that independent witness K P Gosavi and one Prabhakar Sail, now deceased, were included by the NCB in the Cordelia cruise ship drug raid on October 2, 2021 on the directions of Wankhede.
Protest rallies erupted in Imphal with thousands of students marching towards the centre of the city, sloganeering against the kidnapping and killing of two youths for the second consecutive day on Wednesday.
Mukhtar Hussain Shah, a resident of Nar village in the district's Mendhar tehsil, was disturbed as he was facing some domestic issues, he said, adding that he was not summoned as a suspect.
Jeep India, a part of automotive group Stellantis, on Tuesday announced the opening of bookings for its upcoming SUV Meridian, the production of which has also commenced from its joint venture manufacturing facility at Ranjangaon, Maharashtra. Customers can book the Meridian either at Jeep India dealership network or through the company's website with a down payment of Rs 50,000. Deliveries of the vehicle will start in June, it said in a statement.
Jeep India, a part of automotive group Stellantis, on Tuesday announced the opening of bookings for its upcoming SUV Meridian, the production of which has also commenced from its joint venture manufacturing facility at Ranjangaon, Maharashtra. Customers can book the Meridian either at Jeep India dealership network or through the company's website with a down payment of Rs 50,000. Deliveries of the vehicle will start in June, it said in a statement.
Special Commissioner of Police (Law and Order) Sagar Preet Hooda said fresh charges could be added against the five accused arrested in connection with the case on the basis of the post-mortem report.
Curfew was clamped in the entire Khargone city of Madhya Pradesh and 77 people were arrested after stones hurled at a Ram Navami procession triggered arson, officials said on Monday.
The all-new ZS EV will be available in two variants -- Excite and Exclusive, priced at Rs 21.99 lakh and Rs 25.88 lakh, respectively. The company said it has initiated bookings for the Exclusive variant, while bookings for the Excite trim will commence from July 2022. The model comes with the largest in-segment 50.3-kWh (kilowatt-hour) battery with advanced technology, offering a 461-km certified range in a single charge.
'The Khalistanis get bulk of the money from abroad.' 'Where did Amritpal's Mercedes come from, which costs well over Rs 60 lakhs?' 'Where does his fleet of vehicles come from?' 'Local Punjabis can certainly not contribute this kind of money.'
In the June quarter of FY24, 51 per cent of consumers who took small-ticket personal loans already had more than four credit products at the time of accessing yet another new loan, compared with just 17 per cent in the June quarter of FY20, points out Tamal Bandyopadhyay.
Dear patients and caregivers, be forewarned. The disease is deadly in the truest sense. Only the mildest forms seem to be curable, and those too, if detected earlier, observes Shreekant Sambrani.
Wankhede, who has been booked along with four others in the case, is likely appear before the CBI team in Mumbai, they said.
Crime, climate change and cool Oscar winners dominate the OTT menu this week.
Papalpreet Singh, the mentor of absconding Waris Punjab De (WPD) chief Amritpal Singh who was caught by the police in Amritsar district, was brought to Dibrugarh in Assam, over 2500 km away from the northern state, and lodged in the central jail along with seven others of the pro-Khalistan outfit on Tuesday.
The judge noted that according to the Investigating Officer (IO), Khanna had in his statement to the police said that accused Deepak was driving the vehicle.
India's equity markets are on a roller-coaster ride, after delivering spectacular returns for two consecutive years - in 2020 and 2021. The benchmark National Stock Exchange's (NSE's) Nifty50 is down 1.5 per cent in the first nine months of the current calendar year 2022 (CY22) as foreign portfolio investors sold Indian stocks due to rising bond yields in the US and across global markets, including India. The sell-off in the Indian equity markets has, however, not been broad-based and largely limited to sectors facing earnings headwinds from rising interest rates, lower commodity and energy prices, and likely economic recession in advanced economies.
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