Sales of the Freedom 125 have been tepid but Bajaj Auto has reiterated that the world’s first CNG motorcycle represents its commitment to “breakthrough innovation while reimagining mobility.” Bajaj Auto will focus on on restoring competitiveness in the “strategically important” 125cc+ motorcycle segment during this fiscal, according to its 2024-25 annual report. The company will… Continue reading Bajaj Auto to infuse more mojo into 125cc motorcycles this fiscal
Author: Economic Times of India Online News
EV charging points must in group housing in Lucknow
Site plans for Agra Expressway & Sitapur Road were also reviewed, with instructions to incorporate mixed-use elements—residential, commercial,& logistics. All new group housing projects in Lucknow will now have to reserve 20 per cent of their parking space exclusively for electric vehicles. Charging points and required infrastructure must be provided in these designated slots. This… Continue reading EV charging points must in group housing in Lucknow
Nippon Paint introduces ‘n-SHIELD’ paint protection films in India
As part of its market expansion, Nippon Paint is onboarding distributors, car dealers, and detailing centres across India. Nippon Paint, Asia Pacific’s largest paint manufacturer by revenue, has announced its entry into India’s automotive surface protection market with the launch of its ‘n-SHIELD’ Paint Protection Films (PPF). The company marked the occasion by also unveiling… Continue reading Nippon Paint introduces ‘n-SHIELD’ paint protection films in India
Sona Comstar Kapur family feud headed for the courts
Family feud over Sona Comstar deepens as AGM proceeds despite opposition from former chairperson Rani Kapur after Sunjay Kapur’s death. The fight for control over the Kapur family-promoted Sona Comstar is headed for the courts, said people aware of the matter. The rift within the family following the death of Sunjay Kapur has deepened after… Continue reading Sona Comstar Kapur family feud headed for the courts
India likely to gain 5% additional market share in UK within 2 yrs
India is expected to gain at least 5 per cent additional market share in the UK within 1 to 2 years of the implementation of the deal. Under the pact, which has been termed Comprehensive Economic and Trade Agreement (CETA), tariffs on Scotch whisky will be reduced from 150 per cent to 75 per cent… Continue reading India likely to gain 5% additional market share in UK within 2 yrs
Sona Comstar says Rani Kapur not a shareholder; confirms rejecting her request to postpone AGM
Rani Kapur Auto components major Sona BLW Precision Forgings Ltd (Sona Comstar) on Friday said it did not defer its Annual General Meeting despite an email request from Rani Kapur, former Chairperson of the co and widow of late industrialist Dr Surinder Kapur, clarifying that she is not a shareholder of the company and that… Continue reading Sona Comstar says Rani Kapur not a shareholder; confirms rejecting her request to postpone AGM
Rio Tinto weighs sale of titanium business, sources say
Rio Tinto mulls sale of titanium unit amid weak prices and low returns, as incoming CEO Simon Trott prepares to review group strategy. Rio Tinto is considering a possible sale of its titanium unit due to weak prices and low returns, three sources said, just as incoming CEO Simon Trott will weigh up a restructuring… Continue reading Rio Tinto weighs sale of titanium business, sources say
Clean tech exports hit ₹54,000 crore; green jobs projected to touch 35 million by 2047
India’s clean energy sector added 1.9 million jobs in five years, reaching 5.1 million in 2022–23; exports surged to ₹54,000 crore, says CREA report. India’s clean energy economy has created over 5.1 million jobs by the end of 2022-23, up from 3.2 million in 2017-18, reflecting an increase of nearly 1.9 million jobs over five… Continue reading Clean tech exports hit ₹54,000 crore; green jobs projected to touch 35 million by 2047
Indian automobile industry may grow by 6-7% in FY26 amid damp consumer demand: Report
The top Tata Motors executive had said that the company will strengthen its value proposition of its existing EV products, in terms of value-price equation. The Indian automobile sector is expected to grow by 6-7 per cent in the fiscal year (FY26) amid damp consumer demand across most vehicle categories, according to a report by… Continue reading Indian automobile industry may grow by 6-7% in FY26 amid damp consumer demand: Report
Subsidy on EVs below 40 lakh to be restored
EV subsidy for models under ₹40 lakh to be restored, says minister Rao Narbir Singh, aiming to ease costs for middle-class buyers and boost green mobility. The subsidy on electric vehicles (EVs) priced below Rs 40 lakh is set to be restored. At present, a subsidy of up to 15% is available only on EVs… Continue reading Subsidy on EVs below 40 lakh to be restored