India’s equity frenzy has attracted a global biggie which wants to ride on the high investor sentiment. Hyundai Motor India Ltd. (HMIL), the country’s second-largest car maker, is coming out with a Rs 25,000 crore IPO, which could be India’s biggest ever, in the next four to six months and…
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Car makers are offering discounts on various models, including SUVs, according to reports. Now, the country’s leading car maker, Maruti Suzuki, has joined the bandwagon. Reports claim that Maruti is offering a huge Rs 1.4 lakh discount on one of its top SUVs. Specifically, Maruti is offering a Rs 1.4…
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Auto components industry body ACMA on Monday called for incentivising capex expenditure, increasing depreciation rates on plant and machinery and rationalising GST rates on EVs and its components, ahead of the upcoming Budget 2024-25. In its recommendations submitted to the Ministry of Finance and the nodal ministry for automotive industry,…
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Mumbai: Pune-based automaker Force Motors said on Monday it has partnered with strategy consultancy firm EY Parthenon India for its digital transformation programme to boost innovation and productivity across its value chain, among others. The crucial milestones in this partnership include redesigning Force Motors’ digital landscape, implementing advanced digital platforms,…
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Mumbai: Car buyers in India are spoilt for choice when it comes to powertrains. Carmakers from industry leader Maruti Suzuki to Tata Motors, Toyota Motor, Honda and Citroen, a relatively newcomer in the Indian market, offer diverse options in powertrains, from petrol, diesel and CNG to flexible fuel, electric and…
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The Bureau of Indian Standards (BIS) introduced two new guidelines aimed at enhancing the safety of electric vehicles in the L, M, and N categories. L refers to two-wheelers, while the M and N categories correspond to four-wheelers and goods trucks, respectively. These new sets of rules, called IS 18590:…
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Kolkata | New Delhi: Hyundai Motor India gave the third significant upgrade to its flagship sports utility vehicle Creta this January, almost nine years after its launch in 2015 and about four years after its second generation in 2020. But the next big development followed in just three months with…
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The recently launched BMW 5 Series Long Wheelbase in India introduces a blend of sporty style and advanced features, following the success of BMW’s extended versions of the 3 Series and 7 Series. This new model merges a dynamic aesthetic with state-of-the-art technology, promising to enhance the driving experience. Enthusiasts…
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Jun 19, 2024, 04:32:09 PM IST Starting Price: Rs 3.99 lakhIf you are looking for a compact and fuel-efficient hatchback perfect for city driving, the Maruti Suzuki Alto K10 is a great option. Known for its low running costs, the Alto K10 is available in both petrol and CNG variants,…
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Bajaj Auto looks to sustain momentum in its domestic business and expand production capacity for new businesses as it expects demand to remain robust in the current fiscal, according to its Chairman Niraj Bajaj. Addressing shareholders in the company’s Annual Report for 2023-24, he noted that the company would also…