Updated On Apr 21, 2025 at 08:30 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Three-wheeler exports grew by 2per cent in FY 2024-25 as compared to FY 2023-24 with shipment of 3.1 lakh units. New Delhi: Automobile exports from India rose by 19per cent to over 53 lakh units in… Continue reading Auto exports rise 19%, cross 53 lakh units in FY25
Author: Economic Times of India Online News
GST body drops ₹115 cr from tax demand against Mahindra & Mahindra
The department argued that the brand name, logo and tagline were the sole properties of Mahindra & Mahindra. The adjudicating authority on goods and services tax has dropped a major portion of the GST sought from Mahindra & Mahindra for allowing its group companies to use its brand name and logo, but upheld a part… Continue reading GST body drops ₹115 cr from tax demand against Mahindra & Mahindra
Honour to speak to PM Modi, will visit India by year-end: Musk
New Delhi: With Tesla set to launch cars in India soon, and satcom venture Starlink in the final phase of goverment approval process, American tech billionaire Elon Musk on Saturday said he will be visiting the country later this year, the comments coming a day after he spoke to PM Narendra Modi over telephone. “It… Continue reading Honour to speak to PM Modi, will visit India by year-end: Musk
Volvo to cut up to 800 US jobs as Trump’s tariffs bite
Volvo Group’s lay-offs are the latest response from a car and truck industry that is reeling from the Republican president’s tariffs on certain parts, which is expected to increase the cost of manufacturing vehicles. Volvo Group plans to lay off as many as 800 workers at three U.S. facilities over the next three months due… Continue reading Volvo to cut up to 800 US jobs as Trump’s tariffs bite
BluSmart crisis: Green mobility’s red flag is giving HNIs bond blues
BluSmart sold bonds worth around Rs 62 crore to Yubi while Centricity and Klub acquired bonds worth Rs 2.5 crore and Rs 8 crore, respectively, as per regulatory filings. Over the past year, multiple new-age fintech platforms facilitated the sale of nearly Rs 100 crore worth of BluSmart Mobility bonds to retail investors and high… Continue reading BluSmart crisis: Green mobility’s red flag is giving HNIs bond blues
Don’t hide behind tariffs, use new opportunities to grow, says Maruti Suzuki chairman Bhargava
Updated On Apr 19, 2025 at 08:22 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals “Tariff restricts competition.” India cannot hide behind tariff walls if it is to grow, Maruti Suzuki chairman RC Bhargava said, highlighting the necessity of expediting trade pacts in a world reeling under the impact of levies… Continue reading Don’t hide behind tariffs, use new opportunities to grow, says Maruti Suzuki chairman Bhargava
EV sales in India cross 20 lakh in FY25; two-wheelers hold over 50% market share
Uttar Pradesh, Maharashtra, Karnataka, Tamil Nadu, and Delhi remained the top five states for cumulative EV sales till March 2025. New Delhi: Cumulative electric vehicle (EV) sales in India reached 61.66 lakh units by the end of financial year 2024–25, with over 20 lakh units sold during the year, according to the Annual India EV… Continue reading EV sales in India cross 20 lakh in FY25; two-wheelers hold over 50% market share
EV owner made to pay road tax, fine due to Nagpur RTO blunder
When contacted, RTO officer Kiran Bidkar admitted the mistake, stating that tax reminders were intended only for BH series vehicle owners, who are required to pay road tax once every two years. The owner of an electric vehicle (EV) in Nagpur was on Wednesday forced to pay road tax and a penalty — despite EVs… Continue reading EV owner made to pay road tax, fine due to Nagpur RTO blunder
EY appointed as consultant for proposed electric vehicle park at Vilappilsala
It is proposed that a hub and spoke model should be adopted to scale up the park in the future. The proposed electric vehicle industrial park at Vilappilsala in the state capital took a step closer to reality as the TrEst (Trivandrum Engineering Science and Technology Research Park), the implementing agency, finalised Ernst and Young… Continue reading EY appointed as consultant for proposed electric vehicle park at Vilappilsala
Centre notifies rules for Radar-based speed measurement devices; to be enforced from July 1
The mandatory verification will help ensure that speed enforcement is based on scientifically accurate and legally certified instruments, reducing the risk of unfair penalties and promoting road safety. In a move aimed at strengthening road safety and ensuring fairness in traffic enforcement, the Department of Consumer Affairs has notified new rules for ‘Radar equipment for… Continue reading Centre notifies rules for Radar-based speed measurement devices; to be enforced from July 1