M&M's total vehicle sales in March rose 23% year-on-year to 83,894 units while Royal Enfield-maker Eicher Motors Ltd sold 101,021 motorcycles in March, a 34% increase on an annual basis |
M&M's total vehicle sales in March rose 23% year-on-year to 83,894 units while Royal Enfield-maker Eicher Motors Ltd sold 101,021 motorcycles in March, a 34% increase on an annual basis |
The possible trade agreement between India and the United States could include key sectors such as agriculture, automobiles, and pharmaceuticals, says a report by Jefferies. |
The US is increasingly using tariffs as a strategic tool; it imposed 25 per cent duties on steel and aluminium and recently extended the same 25 per cent tariff to imported automobiles and automobile parts. It is also considering additional levies on pharmaceuticals and semiconductors. This presents both challenges and opportunities for India's trade landscape. |
US President Donald Trump has frequently criticized the Biden-era requirements as an EV mandate because they grow so stringent as to compel automakers to sell zero-emission electric vehicles. |
Indo National, known for its Nippo brand, is set to acquire a stake in a lithium-ion battery manufacturer. This move is part of its strategy to diversify into advanced energy storage systems, capitalizing on the growing electronics and automobile sectors. Additionally, the company is expanding into home care, sustainability, and energy-efficient consumer appliances. |
Aston Martin secures a $162 million funding boost from its chairman Lawrence Stroll to tackle mounting losses and Trump tariffs. The luxury carmaker sells part of its Formula One stake, aiming for long-term profitability despite setbacks, including layoffs and low demand in China. Stroll's stake increases to approximately 33%, potentially reaching 35%. |
In May 2024, the Employees Provident Fund Organisation increased the auto settlement of the advanced claim limit from Rs 50,000 to Rs 1 lakh. |
A Bengaluru commuter detailed their daily travel expenses using Namma Metro, revealing that commuting via metro cost Rs300 for a round trip. The user highlighted that travelling by private car would have cost less at Rs250, saving both time and money, and criticised public transport inefficiencies in urban centers like Bengaluru. |