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the tools they need for success.” Niraj Bajaj, Chairman, Ltd., said, “As stewards of the Bajaj legacy, we recognize our responsibility of giving back to society. Our new initiative, Bajaj Beyond, truly goes beyond mere training programs. What we have launched is a holistic approach that trains and prepares first-genera... |
Time to forget RPA? Why Intelligent Automation companies can be real blue-chip investments This has now become an important topic of debate. Which one is true? Let me attempt with a point of view. A digital revolution led by ( ) has been underway and is very subtly but quickly changing the way work gets done. In my vie... |
reading varied invoice input formats with structured and unstructured inputs, invoice classification and tax validation can be done by a machine learning algorithm and the approval and posting can be done by RPA. is now a strategic lever to help organisations operate in a lights out mode – it is the intelligent digital... |
Tesla's China sales slow as price-cut boost wanes 's electric vehicle (EV) sales in China rose last week but were still running short of the pace seen in the fourth quarter, indicating the bump from discounted prices in its biggest overseas market is waning. The U.S. automaker nearly doubled weekly retail sales in the ... |
Mercedes-Benz, BMW and Audi may steer clear of India's new EV policy New Delhi: The of such as Mercedes-Benz, BMW and Audi may steer clear of the government’s new electric vehicle (EV) policy, which stipulates a sharp cut in on condition that a USD 500 million investment is made in local manufacturing. The luxury car m... |
product strategy with more than 12 new products planned for debut in 2024, of which 3 will be new BEVs." A BMW India spokesperson declined to comment. Elon Musk-founded EV maker Tesla, which had lobbied for duty reliefs, didn’t respond to queries. Currently, 100% duty applies to CBUs priced at USD 40,000 (INR 33.5 lakh... |
How Bajaj Finance and Shriram Group's super apps are shaping up As the financial super app race gets hotter, companies are upping their efforts to stay ahead. has lined up a series of steps to grow its presence in the super app space. In the first phase which has gone live, the company is offering 30 services across fi... |
MSME revival panel submits report to govt Coimbatore: Seven months after its formation, the expert committee for the revival of micro, small and medium enterprises ( ) submitted its report to chief minister M K Stalin on Wednesday in the presence of minister , chief secretary , secretary and industries commissioner . A... |
'Remarkable' surge in auto insurance costs fans US inflation Even as U.S. inflation has eased in the last year, an unusual culprit has emerged in recent months as a surprise force in preventing consumer prices from falling even further: . Consumer prices in December overall rose 3.4% from a year earlier, the said on Th... |
it would have an influence on monetary policy," Simons said. "I don't think we're looking at another 10-20% increase from here for the next 12 months, but again, I'm no expert on insurance." "This is a great example of the 'sticky stuff' in the inflation data ... prices for services that are largely non-discretionary a... |
Park+ to organise drive-through Covid vaccination camp in Gurugram Gurugram: The health department of Gurugram district, in association with and , is organising a drive-in vaccination camp for eligible 15-18 and 60+ age groups at Cyber Hub, Gurugram, on Sunday. With the third wave of Covid-19, the government of India h... |
(Gurgaon), One BKC (Mumbai), Select City Walk Saket (Delhi), Pacific Malls (multiple locations) among others. Park+ enabled MG to launch Astor as the world's first car where users can book and pay for parking via the car's head unit infotainment system. As more OEMs shift towards Electric and Connected Vehicles, Park+'... |
How car, bike insurance premiums will get cheaper with IRDAI's 'Pay as You Drive, How You Drive' Insurance companies will soon offer vehicle owners analytics-based insurance that include policies like ' ', and ' ' wherein the premium varies according to driving behaviour of an individual. Apart from that, insurance com... |
equity due to lack of user behavior based pricing of insurance Premium, which will change. This will make it cost effective for low usage customers esp. ones who drive less than 10,000 kms a year. On the flip side, such a move will eliminate the cross subsidy currently enjoyed by high usage customers, possibly resultin... |
Mahindra rolls out 50,000th e-Alfa from Haridwar plant Mumbai: (LMM), a division of , has rolled out its 50,000th e-Alfa from the Haridwar Plant. LMM sells as well as . The milestone vehicle was a red e-Alfa Mini. e-Alfa Mini is one of the highest selling Mahindra electric 3-wheelers and was launched in 2017. Mahindra ... |
EVs can’t fix a global epidemic of ‘car harm,’ study finds promise cleaner air and less climate pollution. But a new analysis suggests that even a global all-EV fleet would perpetuate some of the most devastating impacts of cars and auto infrastructure. The modern world moves itself around in roughly 2 billion motor ve... |
and, in the US, traffic stops that “are a setting for police violence against Black, Latine/x, and Indigenous people,” they write. Access to oil has played a role in a quarter to half of wars between countries since 1973. The electric car, a juggernaut of the energy transition, “fails to address a majority of the harms... |
and use “car crash” instead, and to avoid the passive voice when describing crashes. “You don’t say, ‘A person was hit by a car’,” said Sheller. “You say, ‘A driver crashed into a bicyclist, killing them.’ Make it the active voice. Identify the subject — who’s doing it.” |
Nissan India reports domestic sales of 3,010 units in December New Delhi: on Saturday reported a sales growth of 159% to 3,010 vehicles for Nissan and Datsun brands in December 2021. The company had wholesales of 1,159 units in the same month of 2020. Nissan said it has recorded domestic sales of 27,965 units in April-... |
In ten years 95% of new vehicles will be connected - Shivalik Prasad, Vice President - Strategic Alliances and Sales, Sibros Q: What is the role of Sibros in the ? Everybody is talking about the software-defined vehicle these days. A revolution is underway in the manner in which the entire automotive sector operates an... |
changes do you think that the OEMs should make in their engineering departments to adopt this technology? The engineering departments to a certain extent will have to get used to the fact that their organization is not a core hardware shop anymore. This means that the development cycles and other work habits are changi... |
the vehicle. In high-level terms, the benefits come in all the classical categories - reduced cost, value-added options, increased margins for the OEM, and new services and options for the drivers. The range of benefits is from usage-based insurance to true predictive maintenance to faster prototyping to vehicle custom... |
in San Jose, the heart of Silicon Valley, and a main office in Pune, a hub of the Indian automotive industry, the rapidly growing startup has a headcount of 100-plus and additional offices in Detroit, Atlanta, and Munich. The company recently concluded series B funding of USD 70 million. From the beginning, the company... |
Vehicle theft increases by 2.5x in India in 2023; Delhi tops the list: ACKO report New Delhi: ACKO brings out its second edition of Theft Report ‘Theft & the City 2024’ that reveals a 2X spike in vehicle thefts in India between 2022 and 2023, with Delhi continuing to top the charts. The report reveals that Delhi is fol... |
the new entrants on the thieves list. As per the Gurugram Police, Hero Splendor, Splendor Plus, Hero CD Deluxe, and Hero HF Deluxe constitute over 60% of the total two-wheelers stolen in Gurugram. This interest in Hero bikes, according to the police, is attributed to higher resale value and the demand for spare parts o... |
German insurers renew cover for blast-damaged Nord Stream gas link German insurers Allianz and Munich Re have renewed cover for the damaged Russia-controlled 1 gas , five sources with knowledge of the matter said, indicating that its revival has not been ruled out after an alleged sabotage attack. Insurance by two of G... |
newspaper in January the pipeline should be repaired and Germany should retain the option of importing through it again. Veronika Grimm, one of the government's chief economic experts who advises the chancellery, said Germany's previous policy of relying on cheap Russian gas to support its economy and build political t... |
India's unwavering appetite for Russian crude lifts January inflows to record high BENGALURU: 's appetite for in January rose to unseen levels, continuing to remain above traditional middle eastern suppliers for the fourth month in a row, as refiners rushed to snap up plentiful cargoes available at a discount to other ... |
in October 2022, supplied some 20 per cent of all the oil India imported. Saudi Arabia shipped 17 per cent while the US improved its share to 9 per cent from 7 per cent in December. supplied 8 per cent crude. All three middle-east suppliers improved their market share by one percentage point each, which came at the exp... |
Hyundai expands free anti-theft software installation mobile clinics in US New Delhi: As part of its ongoing efforts to assist customers and communities affected by the social-media driven thefts of certain vehicles not equipped with push-button ignitions and engine immobilizers, Hyundai has announced five national mul... |
feature so the vehicles cannot be started when subjected to the popularized theft mode. Customers must use the key fob to unlock their vehicles to deactivate the “ignition kill” feature. Hyundai is notifying customers about the anti-theft service campaign through multiple points of contact (e.g., mail, email, outbound ... |
Delhi HC notice on plea for mandatory insurance for electric two-wheelers New Delhi: The Delhi High Court on Wednesday issued notice to the Centre and the Delhi government on a plea seeking directions for mandatory insurance for electric two-wheelers. Seeking response from the and the city government, the division benc... |
Vehicle dealers in Odisha must display price chart in showrooms Bhubaneswar: The (STA) in has asked all the automobile dealers to mandatorily display details of payment to be made by the purchaser for each category of vehicle in their showrooms, officials said. In an order, the STA has directed that it is mandatory for... |
Five essential commodities that will be hit by war in Ukraine The war in Ukraine is threatening further disruption to already stretched supply chains. Ukraine and Russia may only account for a small proportion of the imports of major manufacturing nations like Germany and the US, but they are essential suppliers of raw... |
can also expect diversions to trade flows: China has already said it will begin importing Russian wheat, for instance. 3. Transport With global transport already severely disrupted in the aftermath of the pandemic, a war could create further problems. The transport modes likely to be affected are ocean shipping and rai... |
signed long-term supply contracts up to 2028. For all these materials, we can expect disruptions and potential shortages, threatening to lead to increased prices for many products and services. 5. Microchips Shortages of microchips were a major problem throughout 2021. Some analysts had been predicting that this proble... |
Russian crude oil imports to India fall 4% in November India's of Russian fell 4% sequentially in November to 1.49 million barrels a day amid a broader decline in crude imports by New Delhi, according to energy cargo tracker . Imports of is expected to fall further in December. Despite the drop in November shipments, R... |
Imported long-range Tesla Model Y spotted in India Bengaluru: While has announced not to bring Tesla cars to India unless his demands are met, the rich and the famous are not deterred from importing a Tesla vehicle to the country. A privately imported long-range model of Tesla Model Y on the street of Bengaluru has now... |
Hyundai, Kia must face insurers' lawsuits over vehicle thefts A U.S. judge rejected bids by and to dismiss litigation by several hundred insurers seeking to recoup more than USD 1 billion they claim to owe drivers whose vehicles were stolen or damaged in a social media-inspired theft spree. In a decision on Wednesday, ... |
More of young India aspires for luxury cars, reports Spinny Max New Delhi: The substantial increase in disposable income is inspiring the younger generation to explore the in a big way. In its analysis of the discernible trends in 2022, , the used luxury car segment of Spinny, attribute the rising aspirations of the yo... |
CESL places rate contract for five-year lease of 1,000 E-cars nationwide : Convergence Energy Services Limited ( ), a wholly-owned subsidiary of (EESL) under the , has placed a rate contract for the 5-year lease of 1,000 electric cars (E-cars) on a basis. The deployment, which is part of the first phase under CESL's 'E... |
Energy sector leaders map growth path for renewables New Delhi: ETEnergyworld successfully concluded its mega initiative, the 2023, on Friday with the leaders of the global and the domestic energy sector mapping the growth path for the larger industry. The annual event is a major platform for the energy sector professi... |
step. "Transmission cost is 4-5 times higher if capacity utilisation is 19-20 per cent," Chatterjee said. Participating in the discussion, SunSure's Shashank Sharma said rooftop solar remains an important segment of renewable energy generation but standardization of policy framework is needed. According to , CEO & MD, ... |
Tesla officially enters Turkish market San Francisco: Elon Musk-owned company Tesla has officially entered Turkish market. According to GizmoChina, Emir Tuncyurek, a former consultant of and co-founder of E-Garaj, will be managing Tesla Turkey's operations. In 2021, nearly 4,000 electric cars were sold in total in Turk... |
ASDC upskills 300 two, three-wheeler mechanics as EV service techies New Delhi : In a bid to provide an upgraded workforce to the electric vehicle (EV) industry, ( ) has undertaken a new initiative in collaboration with Private Limited. The project was to upskill two and three-wheeler mechanics as EV service technician... |
Volvo Car India appoints Jyotsana Singh Kaushik as Director - Marketing and PR New Delhi: Volvo Car India has appointed as Director - . With two decades of experience in the fields of brand management, performance marketing, PR and communication, product strategy, and customer experience (CX), Jyotsana brings a wealth ... |
Chennai: myTVS launches Super App ‘Life360’ CHENNAI: , ’s leading independent integrated multi-brand car service provider, on Wednesday announced the launch of a connected car platform ‘ app’ - ‘myTVS Life360’ for all the post-warranty passenger cars. This is the first time an aftermarket player is offering a ‘Super ap... |
Ashok Leyland distributor Deluxe Trucks & Buses inks pact with Kenya Commercial Bank for vehicle financing New Delhi: ’s authorized distributors, Deluxe Trucks, and Buses in on Wednesday signed a partnership with to jointly promote the Ashok Leyland Brand of Vehicles. Kenya Commercial Bank (KCB) is the largest financia... |
Oil traders to cut Russian oil purchases from May 15 - sources By Julia Payne LONDON: Major global trading houses are planning to reduce crude and fuel purchases from Russia's state-controlled oil companies as early as May 15, sources said, to avoid falling foul of . The EU has not imposed a ban on imports of in respon... |
compliance and reputational risks from the current raft of Western sanctions. They have to examine closely which entities they can pay as well as their employees' nationalities. Also, the lack of an outright ban complicates ending existing contracts. "All companies are sitting down with their lawyers to figure out what... |
Europe rushes to stock up on diesel ahead of Russian ban is set to ban imports of products on February 5 in a move that is already causing massive shifts in global trading. Buyers are rushing to fill European storage tanks with Russian diesel, with flows this month on track to hit a one-year high. The banned seaborne R... |
for consumers. New refinery projects are expected to raise global diesel production, boosting flows to Europe later in the year and helping to ease the crunch, analysts say. New additions include expansion of the 400,000 bpd Jizan refinery in , Dangote's 650,000 bpd oil refinery in Nigeria which is expected to come on ... |
Popular Vehicles and Services to float IPO on Mar 12 New Delhi: Ltd, which is engaged in automotive dealerships, is set to launch its Initial Public Offering (IPO) on March 12. The initial share sale will conclude on March 14 and the bidding for anchor investors will open for a day on March 11, according to the Red Her... |
Tesla gets USD 330 million tax deal for Nevada expansion, truck plant won more than $330 million in tax breaks from Nevada on Thursday for the company's commitment to a massive expansion of its sprawling east of Reno, including construction of a new factory. Approval from the Governor's Office of Economic Development c... |
(37,000-kilogram) load. Public support for the deal came from the White House and Mitch Landrieu, Biden's infrastructure chief; from University of Nevada, Reno President Brian Sandoval, a Republican who as Nevada governor approved an initial $1.3 billion Tesla abatement deal in 2014; and a preschool at the factory site... |
RBI proposes to expand scope of TReDS to improve cash flows for MSMEs Delivering the Monetary Policy Committee report on Wednesday, the Reserve Bank of India ( ) Governor said the central bank would expand the scope of the Trade Receivables Discounting System ( ) to improve the cash flows for MSMEs. "It is now proposed... |
MSMEs,” he adds. After TReDS was introduced in 2014, three entities got permission to operate TReDS platforms, and two more have been granted in-principle authorisation. "These entities process about Rs 60,000 crore worth of transactions annually," added the MPC report. The objective of the TReDS is to enable financing... |
Xiaomi's SU7 bedazzles at India showcasing, may take some time to hit the road Chinese technology company Xiaomi on Tuesday showcased its electric vehicle even as it remained tight-lipped about launching it in India. Alongside, a host of other electronic products including the Star-Redmi 13 5G were launched. The compan... |
for automakers Several car manufacturers, including Volkswagen-Skoda, Hyundai-Kia, and VinFast, have shown interest in the new policy, known as the (SMEC). Under the SMEC, the government will permit imports of fully assembled electric vehicles (EVs) with a minimum cost, insurance, and freight value of USD 35,000 at a 1... |
Russia's oil export ban may bolster India crude imports 's decision to ban oil exports to potential Western buyers supporting a price will likely boost Indian imports of Russian crude, industry executives told ET. The , which insists on a strict price cap on supplies from Moscow, has already imposed a ban on the bulk o... |
Aureus Investment to sell 3.2% stake in Sona BLW via block deal on Wednesday: Report Promoter Pvt Ltd plans to sell 3.25% stake in through a block deal on Wednesday, according to reports. Aureus Investment is offering up to 19 million shares, with the base size being 12 million shares. The floor price for the sale is I... |
Assam transport dept to enable Aadhar-based contactless services through CSC network now of Assam inked an with under for facilitating the people at panchayat level to avail Aadhar-based contactless services at 13,568 CSCs. Assam Chief Minister Himanta Biswa Sarma launched 10 Aadhar-based contactless services of the Tr... |
(CSCs) under Ministry of Information Technology and Transport Dept for facilitating the people at panchayat level to avail the above mentioned online services. 13,568 CSCs in Assam will enable people to obtain online services of the department. Also Read: |
Savings, green concerns main reasons to opt for EVs: Survey NEW DELHI: Reduction in running cost and environmental concerns are the two main triggers for people to choose electric vehicles (EVs), a survey conducted across 10 cities has found. While nearly 56% of the respondents who intend to buy EVs said “desire to do ... |
China's Xpeng to acquire Didi's smart EV unit in deal worth up to USD 744 mln Chinese electric car company said it will acquire ride-hailing giant 's smart electric vehicle (EV) unit in a deal worth as much as USD 744 million and the two companies will form a strategic partnership. Xpeng's shares surged around 13% in M... |
FPI holdings in domestic equities down 6% at USD 612 bn in March quarter: Report New Delhi: The value of ' (FPI) holdings in domestic equities reached USD 612 billion in the March quarter, down 6 per cent from the preceding quarter, according to a Morningstar report. This was largely on the back of a massive sell-off b... |
and in March, the US Fed hiked rates for the first time since 2018 by a quarter percentage point and at the same time it indicated a series of more rate hikes this year. This opened the floodgates of outflows of foreign money from the Indian equity markets. So far this calendar year, FPIs have sold net assets to the tu... |
Government should cut holding in public sector banks to under 50% The timing is impeccable. A day after the exit polls set the market on fire, a ( ) panel report has recommended that the government should divest its stake in state-owned banks to less than 50%, allow private equity houses to own 40% in distressed banks,... |
banks in dire need of fresh capital, the committee believes India, like some of the other Asian countries, should permit private equity funds and sovereign wealth funds to acquire up to 40% equity in such banks. In order to weed out ‘unfit’ shareholders in a bank, the RBI, according to the panel, should have the right ... |
Goldstone Tech and Quantron AG float JV ROQIT for zero-emission solutions Goldstone Technologies (GTL), a leading Indian company for business intelligence, data and analytics, and , Germany, a specialist in sustainable passenger and goods transport, have entered into a joint venture, named ‘ ’. The name ‘ROQIT’ has bee... |
credit tracking, roadside assistance, reporting module and a mobile driver app. No other active digital solution offers a greater range of services and transparency. “The factors that distinguish this Digital Platform are that it is Partner Agnostic, Modular and OEM Independent. Data Insights, which is a crucial pillar... |
Shriram Transport plans to raise USD 500 mn offshore MUMBAI: (STFC) plans to raise about USD 500 million from international investors in what will be the year's first offshore bond sale by a non-bank lender, three people with direct knowledge of the matter told ET. The financier of second-hand trucks is readying resour... |
Motor insurance claims higher for EVs due to parts Mumbai: Insurance claims from damage to electric vehicles two-wheelers are turning out to be up to 20% higher in value than conventional vehicles, while they are 50% higher for four-wheelers. Also, the frequency of claims is higher in electric vehicles compared to inte... |
Sept sets tempo for vehicle sales in festive season Fast growing rural demand along with urban demand for cars has propelled a rise in in September, setting the momentum for and Diwali sales. According to data by the Union ministry of road transport and highways, two-wheeler sales clocked a 66% rise in September wherea... |
We are positive on financial, pharma & auto; cautious on FMCG: Mukul Kochhar , Head, Institutional Equities, , says , even though the probability of a negative or a disappointment in the election for the is very, very low, the outcome or the impact is going to be so severe that everybody today has stood up and started ... |
we speak about the economy today, you cannot isolate a very major global economic event that happened two years ago, which is COVID. So, COVID created substantial stress in household savings across the world, globally. In the US, the federal government ran massive deficits to supplement those savings, so the consumer i... |
are able to exert more pricing power than the input cost inflation they are seeing. So, margins going forward are also going to be healthy and we will see reasonable expansion in that. What about earnings quality momentum from here on? BSE 500 is a very good representative. It covers a breadth of sectors and the larger... |
going to do more discretionary consumption, premiumised consumption, as well as savings. That is the picture of the consumer we are looking at. So, broadly, volume growth which has come down for FMCG companies, while they may be talking about a small two quarters sort of bubble here or there. We think that the volume g... |
As EVs catch fire, insurance firms face pricing risk The woes of the electric vehicle owners who have been suffering after their vehicles caught fire may not be over as they may not get claims for it. While a third-party insurance policy does not cover fire damages, the comprehensive policies do cover fire claims but t... |
under GR 46 of rating of vehicles driven by non-conventional source of power. Traditionally, both premia have been calculated on the basis of the cubic capacity (cc) of the vehicle. But in the case of EVs, that unit is irrelevant. In EVs, the ICE is replaced by the motor, with the power output measured in kilowatt (kW)... |
TVS Supply Chain seeks approval for IPO Ltd. has sought the Indian market regulator’s approval to raise as much as 20 billion rupees ($264 million) selling new shares in an initial public offering. The company’s existing shareholders, including founder TVS Mobility Pvt. and investors Gateway Partners and Ltd., plan to ... |
Govt issues draft Motor Third Party Premium and Liability Rules for FY24 The government on Tuesday proposed new base premium rates for third-party motor insurance for different categories of vehicles, including two-wheelers, passenger cars and commercial vehicles, for 2023-24 fiscal. As per a draft notification issued ... |
Tesla's quarterly deliveries disappoint ahead of robotaxi unveiling reported a smaller-than-expected rise in third-quarter deliveries on Wednesday as incentives and financing deals failed to lure enough customers for its aging , sending shares down more than 6 %. That puts the - already grappling with rising competitio... |
, and 22,915 units of other models, which include the Model S sedan, Cybertruck and Model X premium SUV. It produced 469,796 vehicles during the July-September period. The deliveries were higher than those of rival BYD , which handed over 443,426 battery-electric vehicles in the third quarter. |
Refuse fuel to uninsured vehicles, suggest insurers The insurance industry has proposed that should not be allowed to refuel at oil pumps, looking to raise penetration of automobile insurance, industry executives familiar with the development said. The proposal was part of the presentation made during 'Bima Manthan', o... |
Citroen C3 Aircross SUV variant-wise pricelist out New Delhi: French carmaker Citroen’s latest offering, the new C3 Aircross SUV, is now available at an introductory price of INR 9.99 Lakh (ex-showroom New Delhi). This mid-size SUV is over 90% localised and designed in India to cater to the varied needs of Indian consu... |
Decoding how connected vehicles can catalyse safer, sustainable mobility New Delhi: In today’s increasingly transformative world of mobility, the ( ) has emerged as a cornerstone of innovation, rapidly transforming how fleet owners interact with vehicles and the ecosystem. Initially focused on simple location services,... |
of sophisticated connected vehicle platform systems can lead to greater efficiency and optimization. While the platform currently provides valuable insights into driver behavior and vehicle performance, the integration of Artificial Intelligence (AI) and Machine Learning (ML) technologies will elevate these capabilitie... |
US auto insurance shoppers jump 6% in Q1, says TransUnion The number of shopping for in the first quarter was 6% higher than a year earlier, according to credit reporting agency TransUnion , underscoring efforts to cut costs as inflation squeezes consumer wallets. Insurance shopping refers to the practice of evaluating... |
ONGC to get dividends instead of oil from Russia's Sakhalin-1 field ( ) has stopped receiving its share of oil from 's Sakhalin-1 but will get dividends from the field, according to people with knowledge of the matter. Until a little after the beginning of the Ukraine war last year, ONGC, which has a 20% participating ... |
Exide Industries misses Q4 profit view on high costs Indian lead-acid Industries Ltd reported a lower-than-expected quarterly profit on Monday, hurt by higher raw material costs. Exide's net profit after tax was at 2.08 billion rupees (USD 25.45 million) for the quarter ended March 31, while analysts on average expecte... |
Higher commodity prices dent Corporate India's Q3FY22 margins New Delhi: Higher have dented Corporate India's Q3FY22 margins said HDFC Securities in a research report. According to the report, the ongoing results season is behaving largely on expected lines as far as topline growth is concerned. However, margins across... |
July-September hiring outlook at 8-year high Job creation is likely to see a strong boost in the upcoming September quarter, with employers reporting the most optimistic outlook in eight years, as companies look to speed up the post-pandemic recovery process and sustain growth, despite rising inflation. According to th... |
Non-life insurers violate law offering premium discount on vehicle third party liability insurance Are vehicle owners are being raped by the non-life insurers by charging more than a just price? It seems so, if one goes by a question that was raised in the by the Congress party member from Kerala, Hibi Eden. And there ... |
257,165. The average settlement per claim was Rs 423,541. During 2019-20, as per the data published by the General Insurance Council, the total motor insurance premium earned by the industry was Rs 68,951 crore -- vehicle damage Rs 26,524 crore, third party liability Rs 42,427 crore. The total claims paid for 2019-20 w... |
High taxation limiting growth of super luxury car market in India: Lamborghini Chairman New Delhi: High taxation is limiting the of the in India, which otherwise is on a growth path, according to Chairman and CEO Stephan Winkelmann. Lamborghini, which sells a range of super luxury cars with prices starting from Rs 3.16... |
Quiklyz to expand presence in the electric mobility leasing space , the new-age vehicle subscription business of Mahindra & Mahindra Financial Services today announced its expansion plans in the electric mobility leasing space. The company will now offer customized leasing and subscription solutions for electric 3W and... |
Chinese carmakers target more European sales with five-star EVs SOLIHULL, England - Chinese electric vehicle (EV) makers have set their sights on winning over European drivers and large corporate customers with more affordable cars that come with top safety ratings and lots of high-tech features. In the last few months... |
received five-star ratings in September for its WEY brand Coffee 01 hybrid SUV and its ORA brand Funky Cat electric sedan. European carmakers are also pursuing five-star ratings for their EVs and hybrids, from BMW's iX to Volkswagen's ID.4 and ID.5. In October, Mercedes got the top rating for its EQE sedan and its driv... |
will launch in Britain, Germany, Ireland and Sweden later this year. Starting around 32,000 pounds ($36,330) in Britain, or about 5,000 pounds cheaper than VW's ID.3, the Funky Cat's features include facial recognition to store seating preferences, driver-assistance systems, reverse camera and wireless phone charging. ... |
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