text_chunk
stringlengths
202
3k
Sweden's teens drive Porsches and BMWs, no licence needed Too young for a driver's licence at 15, Evelina Christiansen is already cruising in a sleek in , where teens can drive any car modified to roll no faster than a golf cart. An almost century-old regulation originally applied to agricultural vehicles allows kids 1...
use of A-traktors with a 1963 regulation, which has been closely guarded for decades in rural Sweden. Only in 2018 did authorities introduce mandatory road worthiness testing for the vehicles. Sweden looks set however for a battle with the EU -- the European Commission criticised the system in early March, and proposed...
Tata Digital CEO steps up focus on costs, business cohesion , who took charge in February as 's new CEO, is believed to have put a tight control on spends in the and has introduced greater accountability and sharper data-focused approach to operations, according to Tata group officials. Mandated to give momentum and ex...
enhance consumer responsiveness to Tata Neu superapp. "The view taken is that until the Tata Neu app becomes efficient and a consumer's first choice in ease of usage, the other separate apps cannot be killed," said people familiar with the matter. "There have been meetings across team and Cliq CEO Gopal Asthana with th...
An economist explains: What you need to know about inflation By Nicholas Li,Assistant, Toronto Metropolitan University is one of the most pressing political and economic issues of the moment, but there are many misconceptions about how inflation is measured, where it comes from and how it impacts the average person. In...
pandemic's effects on Chinese factories, international supply chains, container shipping, trucking and the Russian invasion of Ukraine that led to recent spikes in food and energy prices around the world. Many Canadians feel like prices rose by more than 8.1 per cent in the last year. Beyond specific criticism of the C...
and hope that supply-side inflation pressures ease up on their own. We can only hope that it will not take a major recession to end this period of high inflation (unlike the last major effort by the Bank of Canada to lower inflation) and that Canada avoids "stagflation," the combination of high inflation and high unemp...
Bond yields lower tracking decline in oil prices, US peers edged lower in early trade on Monday as a continued decline in provided comfort to market participants, while lower US Treasury yields also aided sentiment. The benchmark 10-year government bond yield was down 4 basis points (bps) at 7.2609% as of 0456 GMT. Yie...
Japan stepping up surveillance of unlicensed taxis Japan is stepping up surveillance of at the Narita airport near Tokyo as a spike in the number of arrivals increased the demand for transport, Kyodo News reported. Transport ministry officials handed out hundreds of fliers in English and Chinese to arriving internation...
India has found a way towards mass electrification: swap batteries It may not have enough electric vehicles, powerpacks or the capital, but India has found a way towards : swap batteries. The solution, where empty batteries can be exchanged for charged-up ones, is still in nascent stages in China, the world’s largest E...
alliance that had agreed to manufacture 100,000 EVs to the specifications of Better Place, the now defunct venture capital-backed firm that developed and sold battery charging and switching stations. The firm launched its first station in Israel in 2011 and eventually filed for bankruptcy two years later because it was...
Govt proposes lower rate of third party premium for EVs for next FY NEW DELHI: The has proposed a lower rate of third party (TP) premium for electric and hybrid electric vehicles for the next financial year while proposing a marginal increase in the premium for all other categories of vehicles. The only exception is fo...
India's Russian oil imports seen rising on lower prices - official New Delhi: Easing would help India boost imports from Russia, a senior government official said on Friday, as a lower than USD 60 a barrel price of Russian oil will enable buyers to use Western services such as insurance and ships. The Group of Seven la...
CarDekho hires CEO for Indonesia business MUMBAI: Online marketplace for buying and selling vehicles, is all set to expand its senior leadership. The company's parent GirnarSoft has appointed Brata Rafly as for its arm Oto.com. Rafly will be the first CEO for the company, coming on board from Indonesian fintech firm Di...
Tesla's Gujarat plant likely to be announced during Vibrant Gujarat in presence of Elon Musk: Report Prominent electric vehicle maker Tesla's plans to set up a plant in India will be made public in January during the Summit in the presence of its CEO , a report said on Thursday. The Ahmedabad Mirror reported that Gujar...
With 50% of pvt bus fleet set to be scrapped, Kolkata faces commute crisis A city where 56% of the population relies on buses for daily commute, is facing a potential transportation crisis: half of its privately-owned bus fleet is set to be scrapped this year after completing 15 years in service. With only 26 new buses...
faster movement of at the cost of public transport below on the congested road space. Thus, we are encouraging cars and discouraging the bus system, which has always been the backbone of the city's transportation."
India's ONGC struggling to move Russian oil to Asia as sanctions bite - sources By Nidhi Verma and Jonathan Saul NEW DELHI/LONDON: India's ( ) is struggling to find a vessel to ship 700,000 barrels of crude from Russia's Far East, in a growing sign that complex trades involving one of Moscow's biggest partners are bein...
port partly due to issues with securing insurance for the voyage, sources said. ONGC, HPCL and BPCL did not respond to Reuters emails seeking comment. This year, India has bought more than twice as much crude from Russia in the two months since its invasion of Ukraine as it did in all of 2021. Russia's maritime sector ...
Iron man Elon Musk places his Tesla battery bets By Hyunjoo Jin and Paul Lienert As 's profits and prices grabbed headlines last week, a potentially pivotal development for the global car industry flew largely under the radar. The U.S. electric pioneer disclosed that nearly half of the vehicles it produced in the first...
is a continued dependence on Chinese suppliers for refined materials. LFP cells also contain more lithium than NCM rivals, and industry experts raise concerns that iron-based batteries' historic advantage of being cheaper to produce could be eroded and even erased by rising costs of the metal. NEVER LEAVE LOS ANGELES? ...
less of a fire risk than NCM cells, and can be fully charged continually without losing as much performance over the life of the battery. As the global EV market expands, the chemistry is expected to find its way into more entry-level consumer and commercial vehicles where longer range is not as critical. Yet the hurdl...
E-2W startups expect sales volumes to reach 8 million to 10 million units by 2025 New Delhi: In spite of the supply side constraints the market looks promising for the electric two-wheelers, especially scooters, and growing by 40X- 50X, their sales will be 8 million to 10 million units in 2025, according to the startup...
market with its new product in June. Honda Motorcycle & Scooter India (HMSI) also said it will launch its first EV product in the next fiscal. Alongside, many new players like Ola Electric, Bounce Infinity, and Ultraviolette which launched their products in the latter half of the year will begin their deliveries now. G...
Indian startup unfolds intelligent instrument cluster for EVs New Delhi: In an era where sustainability meets sophistication, this startup's smart stands as a testament to India's prowess in shaping the future of electric mobility. Against the backdrop of EVangelise '23, organised by iCreate, Ahmedabad, an , the Bengal...
interface, allowing users to change themes, access dynamic over-the-air updates, and install applications from an App Store—a core competitive advantage in Android They boasts of being the first Indian company to venture into this space, competing with established giants like Bosch and Continental. Despite their short ...
autoX Awards Winners Announced: These 10 Cars & Bikes are the ‘Best of 2023’ In order to recognise true innovation, performance, and engineering excellence, autoX proudly presents the results of its annual mega test and awards, which crown the 'Best of 2023'. Every year, autoX meticulously compiles a comprehensive list...
year across segments. If you want to know which of the machines launched in the past year are truly outstanding, look no further than the autoX awards and, in this case, the ‘Best of 2023’.” Here are the ten autoX award winners: Best of 2023: 4W - BMW i7 - - - - Best of 2023: 2W - - - Ducati Monster SP Best of 2023: Pe...
South Korea to provide USD 29 bn to support battery industry over 5 years will provide 38 trillion won (USD 29 billion) in to strengthen its over the next five years, as to secure chains remains fierce, the government said on Wednesday. South Korean battery firms like LG Energy Solution, Samsung SDI and SK On, a unit o...
South Korea to offer USD 5.3 bn in financing to support battery investment in North America on Friday said it will provide 7 trillion won ($5.32 billion) in financial support for its seeking to invest in infrastructure in over the next five years to help firms cope with the U.S. Inflation Reduction Act. Government supp...
TPG exits Landmark Cars; sells 11.25% stake for INR 293 cr US-based private equity major on Friday sold its entire 11.25 %stake in chain for INR 293 crore through an open market transaction. With this transaction, has exited the automobile dealership company. According to block deal data available with the National Sto...
Nomura initiates coverage on this new-age stock with 'buy' NEW DELHI: Global brokerage has initiated coverage on with 'buy' as it believes the company has high growth visibility and will benefit from rising digital spends by (original equipment makers) and dealers. Further, at current levels, it said, the stock is inex...
CarDekho CFO aims to achieve EBITDA level profitability before IPO in 2023 In an interview with ETCFO, Girnar Software-owned CarDekho Group CFO shared his future growth and expansion plans as it claims to go for listing on Indian bourses by next year. “With scale, leverage, efficiencies, and process improvements we are...
problems by leveraging products and tech solutions. On a digital platform choices are unlimited, secondly, it comes with trust and warranty. The only challenge dealing with an unorganized sector is that companies do the right things in the right way, following every law, however, may not always have the highest level o...
listing by 2023? Mayank Gupta: In today's Indian market as well as global markets you need to be a profitable tech company. We are focusing our energy to get to breakeven and then profitability soon and plan to achieve it in the next 12 months. Also, plan to line up the IPOs around that same time, which means a year fr...
Union Budget 2022: Auto sector wants fiscal and policy support to battle the odds for resilience and survival New Delhi: A year and half of economic slowdown followed by two-straight years of pandemic shattered the markets and the Indian automotive industry has been terribly dislocated. The industry is hopefully lookin...
the EV segment in India,” Martin Schwenk, Managing Director & CEO, Mercedes-Benz India. "Apart from funds for infrastructure, focus also needs to be drawn on how to sustain and increase execution by allocating funds for the same – for instance, highway construction has dropped this year. There is also an imperative to ...
Mehra , Partner and Auto Sector Leader, Grant Thornton Bharat. “To indirectly uplift the EV sector further, income tax for the salaried employees has to be brought down. Coupled with enhancing the tax- free Provident Fund amount and increased standard deduction will provide a much-needed relief to the ever-toiling sala...
retrofit kits under standard automobile loans and insurances, if not provide even better incentives. Moreover, it will be good to see technologies like battery swapping gain cover under the existing fiscal policy around EVs,” Arun Sreyas , co-founder, RACEnergy. Also Read:
India's lack of infra limiting super luxury car market growth: Lamborghini CEO A lack of adequate infrastructure and high tax rates are the biggest hurdles to the growth of super luxury car sales in India despite the country being home to the third-largest number of billionaires, said Global CEO & chairman, Automobili ...
quantities. So, this is helping us. Synergy looks good. And on the other hand, for specific Lamborghini sourcing we are looking closer for suppliers... we are extending our range because we have in front of us a completely different type of time. For sure, India is part of our sourcing process," he said. Separately, Wi...
Kross raises INR 150 cr from anchor investors ahead of IPO New Delhi: on Friday said it has mobilised INR 150 crore from anchor investors ahead of its initial public offering ( ). , , (MF), ICICI Prudential MF, Axis MF, Kotak Mahindra MF, Motilal Oswal MF, Edelweiss MF and Max Life Insurance Company are among the ancho...
Russia is feeling the pain of Europe’s oil embargo A near-total ban on imports of into the is finally hitting Russia’s oil revenue. Concerns that it would provide the Kremlin with a windfall to fund its war in Ukraine have been confounded — for now. The US Administration feared that EU sanctions on Russia’s seaborne cr...
in the coming months. China is easing its Covid restrictions, which could eventually ignite fuel demand that has been crimped by travel restrictions and a slowdown in economic activity. That will tighten the market again. There’s also a potentially more dramatic EU ban coming, on imports of Russian refined oil products...
Audi India opens new Audi Approved: plus showroom in South Mumbai New Delhi: German luxury car manufacturer opened on Monday its pre-owned luxury car showroom, Audi Approved: plus, in South Mumbai. Spread over 3000 sqft , the state-of-the-art showroom located at Kamla Mills Compound, Lower Parel, has the capacity to di...
Russian oil: PSUs to tank up, eye bigger discounts 's state-run refiners are planning to buy as much Russian oil as possible while shifting their purchase strategy from tenders to negotiated deals to extract deeper discounts, people familiar with the matter said. State refiners have bought more than 15 million barrels ...
US agency opens probe into electric vehicle batteries DETROIT: U.S. safety regulators have opened an investigation into electric and hybrid vehicle batteries after five automakers issued recalls due to possible defects that could cause fires or stalling. The says the probe covers more than 138,000 vehicles with batteri...
March of 2021 covering 2019 and 2020 Konas and 2020 Ioniq EVs and said an electrical short inside the batteries could increase the risk of fires while parked, charging or driving. Last February, Stellantis' Chrysler brand recalled some 2017 and 2018 Pacifica plug-in hybrid minivans with LG batteries after getting a doz...
Yellen says setting price caps on Russian refined oil products 'complicated' By Andrea Shalal Western countries are working to structure price caps on products to ensure continued flow of Russian diesel, but the markets are complicated and there is a chance things do not go to plan, Treasury Secretary Janet Yellen said...
Protest against cab aggregators in Doon : Commuters in Dehradun faced inconvenience on Tuesday as launched a day’s strike and congregated at regional transport office to demonstrate against mobile such as Rapido and BlablaCar. Protesters alleged these apps are severely impacting their business and have not registered t...
Rahul Bajaj: A Gandhian and hardcore entrepreneur merged into one By R L Ravichandran It’s with a heavy heart that I have to write this obituary for the Auto industry leader who passed away on Saturday. When I met him first to approve my candidature presented by his son Rajiv, I can’t forget the humility of such a towe...
electric scooter in 2020 and named it Chetak he felt very happy and elated. A star is reborn. I had the opportunity to talk to him over phone late at night on the day of Chetak electric launch and I could feel his happiness over Chetak’s new avatar, a perfect and timely gift of the successful son to his illustrious fat...
OPEC+ may not be much help with high oil, gasoline prices By Cathy Bussewitz New York : Oil prices are high, and drivers are paying more at the pump. But the and allied producing nations may not be much help as they decide Thursday how much more crude to send to world markets. That's because the 23-member , which inclu...
it to services needed to sell oil such as insurance and shipping. Service providers would face sanctions if they facilitate the sale of oil over the cap. But the proposal left many important aspects open and will be the subject of talks in the weeks ahead. The European Union, a key importer of Russian oil, also has app...
Joy e-bike’s E2W sales exceed 1 lakh units (WIML), one of the leading manufacturers of electric vehicles under the ‘ ’ brand in India, Tuesday achieved a major milestone of crossing 100,000 in India. The company rolled out its 100,000th unit, Mihos from its state-of-the-art manufacturing plant in Vadodara to mark the a...
What's the impact if Europe cuts off Russian oil? The European Union's executive commission has proposed phasing out imports of within six months. It is part of 's struggle to stop paying Russia $850 million a day for energy and hit the Kremlin's finances over its invasion of Ukraine. But reversing decades of dependenc...
analysts say that means European countries should be ready to impose measures to reduce fuel use, such as making public transport free and incentivising car-sharing. If those measures don't work, tougher ones such as odd-even driving bans based on license plate numbers would be needed. Similar measures were taken durin...
up Russian finances amid sanctions. "The EU gradual embargo on Russian oil is a risky bet, as in the short term, it might leave Russian revenues high while implying negative consequences for the EU and global economy in terms of higher prices," said Simone Tagliapietra, an energy policy expert at Bruegel. That's aside ...
How to save money on bike insurance premium? Having bike insurance is crucial as it enables bike owners to safeguard their two-wheelers against unforeseen events. In India, two types of bike insurance policies are commonly chosen, third-party liability insurance and comprehensive bike insurance. Among these, comprehens...
premium, one should take a bike which is on budget, has good features and will have a decent premium. If you are keen to get a high-end luxury bike, be ready to shell out more money for the bike insurance premium. Choose add-ons wisely Comprehensive bike insurance policies come with optional add-ons that enhance covera...
payment turns out more expensive than an annual payment. Attend safe riding courses Insurance companies often give discounts to the insured who have done safe riding courses. These courses teach bike riders defensive riding tactics, and as this lowers the probability of accidents, the insurer sees it as a low risk and,...
UK self-driving car dreams could break down at the starting line Britain could lose out on investments in autonomous vehicles (AVs) and see startups shift testing elsewhere if promised laws to regulate the technology are not passed before the next general election, startups and insurance companies said. Despite the gov...
in this next (parliamentary) session to make this a reality," said Kaity Fischer, commercial vice president at London-based Wayve. "Or we would be forced to move to other markets for deployment." Wayve has raised around USD260 million so far from investors, including Microsoft. "CHANGE OUR PLANS" So far, the UK governm...
Iran-Israel conflict: Fuel prices may not rise in poll season New Delhi: 's attack on is expected to send global crude higher as war premium gets built in but retail fuel prices in will likely stay unchanged due to general elections starting later this week, industry executives said. Brent, the international crude benc...
Hyundai explores USD 3 bn IPO for India unit at up to USD 30 bn valuation, sources say Motor is planning to list its Indian unit to raise at least USD 3 billion in what would be the country's biggest IPO, two people said, as the South Korean firm doubles down in the key growth market ahead of a widely expected entry by...
is the only foreign player to have become dominant alongside market leader Maruti Suzuki, while companies like Ford Motor and General Motors have folded their India business. Hyundai's share of the Indian market reached a peak of nearly 20% mainly due to its wide portfolio of small cars and a grasp of what buyers want,...
A price cap on Russian oil aims to starve Putin of cash. But it's largely been untested. Until now For months after Ukraine's Western allies limited sales of to USD 60 per barrel, the price cap was still largely symbolic. Most of Moscow's crude - its main moneymaker - cost less than that. But the cap was there in case ...
and Russia cutting production - pushed prices for Moscow's key export grade crude to USD 74.46 last week, S&P Global Platts said. It's been above USD 60 since July 11. The price cap is meant to limit what Russia can earn without taking its supplies off the market. Doing that threatens a shortage that could drive up fue...
Novak, told Radio Business FM on Oct. 13 that the cap was "not only ineffective, but harmful; it can completely distort the entire market and has only negative consequences, including for consumers." Russia does not recognize the cap, and a decree by Putin forbids its inclusion in sales agreements, Novak said. U.S. off...
Soaring insurance costs hit as US buyers finally get a break on car prices A new form of sticker shock has hit American car buyers like Darin Davis. In January, when the 56-year-old Dallas real estate agent renewed the insurance on the pearly-white 2024 Cadillac XT4 that he bought just a few months earlier, the rate ne...
cost in the U.S. for full auto coverage rose 24% last year and now stands at just over $182 a month. The company said 63% of drivers it surveyed saw rates increase in 2023 and predicts rates will rise another 7% in 2024. But that figure could rise. "We're seeing a lot of activity in (the first quarter) that indicate to...
Centre notifies new vehicle insurance rates The centre on Wednesday approved the new base premium rates for third party motor . These revised rates will be applicable from June 1, 2022. These rates were last revised for financial year 2019-20 and were kept unchanged during the COVID-19 pandemic. According to a gazette ...
Assam launches India's first 100% Electric Bike Taxi Service via 'Baayu' The Assam government launched ' ,' an app-based bike taxi service that is an innovative and forward-thinking sustainable mobility initiative of the state government-run (ASTC). The app-based electric bike taxi service was flagged off by Assam Mini...
Union Budget 2024 Highlights: Top announcements of FM Sitharaman's Budget 2024 : Our government is working towards development which is all-round, all-inclusive and all-pervasive. It covers all castes and people at all levels. We are working towards making India a , said while presenting Presenting the Interim Budget 2...
Indian bonds, rupee fall tracking jump in oil; more losses likely By Swati Bhat MUMBAI: Indian bond yields edged higher while the weakened on Wednesday, tracking a sharp rise in prices that threatens to push up domestic inflation and widen the country's current account deficit. Oil prices rose as sanctions on Russian b...
Insurer assessing damage caused by fire at Rohtak R&D centre: Maruti Suzuki New Delhi: (MSI) on Tuesday said its Rohtak-based R&D centre, which witnessed a fire incident, is covered under an insurance policy and the damage assessment is being carried out. On Monday, the country' largest carmaker had informed the bourse...
Opinion: How digitalisation gains momentum in pre-owned segment, including automotive By Kaushik Narayan The pre-owned segment in the industry was ripe for transformation as the pandemic hit home in India. Challenges faced by customers included: · Uniqueness : Each asset for sale or purchase was unique. The combination...
turn has contributed to robust growth in new car sales in 2022-23. A study in the US indicated that Used car buyers spent over 30% more time on research as opposed to new car buyers prior to making a purchase. Digitalisation has provided these buyers access to better quality information which has helped them make infor...
Answered: Frequently asked questions about car insurance policy Understanding the nuances of a car insurance policy can get tricky. From the right amount of sum insured for your car to the insurance jargons to know about, features and benefits to look for and whether or not they will prove beneficial to your vehicle an...
car due to accidents, robbery, natural disasters, and more. While it is more expensive than third-party insurance, the broader coverage and possible additional features make it valuable for most car owners. How to transfer car insurance from one person to another in India? To transfer car insurance from one owner to an...
The ebbing supply chain crisis gets an extension Just as businesses across the world start breathing a little easier as Covid cases ease off, the is being forced to play a round of Russian roulette. The bullet is the same one that caused dread around the world the past two years: . Covid repercussions have jammed globa...
on both east and westbound routes between Asia and Europe because of the sanctions. “We cannot engage with, receive from or make payments to any sanctioned banks, or any other sanctioned party – including Belarusian and Russian parties…,” it said. Maersk has also suspended all new air bookings to and from Russia and Uk...
also have to deal with the added pressure of freight rates going up, says Vineet Agarwal, Managing Director of Transport Corporation of India Ltd. “Container freight rates will remain high till the second half of the year. On the domestic front, we will see a very rapid increase in domestic fuel prices as crude oil pri...
as that could stealthily eat into their profits. Exporters to Ukraine, Russia and other CIS countries should contact their nearest servicing branch of Export Credit Guarantee Corporation of India (ECGC) for clarity on insurance coverage, says Vijay Kalantri, Chairman of Mumbai-based trade facilitating body MVIRDC World...
2022 Toyota Tacoma falters in key crash test: IIHS New Delhi: The 2022 earns a marginal rating in the passenger-side small overlap front crash test due to heightened injury risks to the front seat passenger, reported ( ) today. The marginal rating applies to vehicles built after October 2021, when Toyota modified the r...
Is crude headed towards a new era of oil geopolitics? Energy markets are not short of geopolitics these days. The petro-nations’ decision to cut output quotas next month might ultimately have a limited supply impact but sends a clear message. Similarly, the ’s idea of an price cap will face strong implementation diffic...
Russian oil sold to India at 30% above Western price cap Russia is selling oil to India at nearly USD 80 per barrel, some USD 20 above the Western price cap, traders said and Reuters calculations showed, as tight global oil markets help Moscow generate strong appetite for its exports. Russia's main export grade Urals h...
Non-payment of toll charges to reflect on Vahan portal, app Soon, evading toll charge payment for long after using a tolled highway stretch due to faulty or blacklisted FASTags won’t be possible. Such non-payment of will reflect on the and app, like in the case of dues. The has urged the road transport ministry to make...
US investment firm Vanguard cuts Ola's valuation further to USD 3.5 billion Funds operated by US-based investment major Group have cut the value of their holdings in ANI Technologies, the parent firm of ride-hailing startup , to USD 3.5 billion – down over 50% from a peak of USD 7.3 billion – regulatory filings made by...
business was profitable. The firm, however, has not reported its financials for fiscal 2022 and 2023. ANI Technologies last reported a loss of Rs 1,116.6 crore on a revenue of Rs 1,168.2 crore for the fiscal year ended March, 2021. Its sister firm , which is held separately, hasn’t reported its results for those years ...
Tata steel to grow organically, new acquisitions unlikely this decade: MD By Romit Bhattacharyya Kolkata, Ltd will look to grow organically, and the steel giant is under "no pressure" to look at fresh acquisitions during this decade, Chief Executive Officer and Managing Director said. Narendran said that the Jamshedpur...
and Korea are also reducing shipments because they don't want to import raw materials, leave a carbon footprint and export steel. "Therefore, we're seeing a greater restraint being exercised by most countries which have traditionally been big exporters. In Europe, Ukraine and Russia have also been large exporters, but ...
First electric scooter series on mission to push safer micromobility LONDON: Organisers of the world's first say they are on a mission to promote and develop as a safe and integrated element of city life after a race debut in London. Khalil Beschir, a co-founder of the championship, saw a role similar even to the one p...
on urban design. "The way we are consuming mobility is fundamentally changing," he added. "In the future some of our roads will actually become living space, a shared space where you walk, some on cycles, some on electric scooters and we need to co-exist. "And we can. That's the journey -- to educate people, to regulat...
Ola Electric HR director quits; 31 top-level resignations and 40 new postings since 2020 New Delhi: Country’s most well-funded startup continues to see latest on the list is Ranjit Kondeshan, Director HR, . Ranjit having a total experience of about 18 years joined the company in May 2021. Like many other senior executi...
Sitapur siblings' e-bikes run on reusable batteries Worried about the greenhouse gas emissions and carbon footprint, engineer brothers from Sitapur district have come up with an electrical bike - Landstar - that runs on reusable lead acid batteries. While (23) is a computer science engineer his brother (22) is a mechan...
India key to global sales expansion for Mercedes, says chairman Ola Kallenius New Delhi: was the fastest growing market for in 2022, and the country's economic trajectory makes it key to global sales expansion, said , chairman of the board of management at the luxury carmaker. "The Indian market is important to us and ...
"It's almost like an insurance policy to get better supply chain resilience. And naturally, a global player like Mercedes-Benz is working on that resilience. (But) that should not be confused with trade policy," he said. Talking about sustainability, Kallenius said the company has been allocating capital towards decarb...
Bosch eBike Systems expands theft protection and refines eBike navigation New Delhi: Whether during challenging trails on an eMountain bike, extended discovery tours through the countryside or comfortable city rides on an eUrban bike: riding fun is guaranteed with eBiking. To provide the best possible protection when p...
stopovers to the navigation on their tours. All that is required is to press and hold the point on the map; alternatively, the "Add destination" option is available. The new elevation graph illustrates how much you have already achieved on your ride: a clear line graph shows the total distance including all height diff...