In a press note issued on Sunday, the cybercrime police said that a gang has been cheating several people through an online marketplace private company. The gang members impersonate military personnel and use fake identity cards to lure customers. COIMBATORE: The city cyber crime police have cautioned people from buying used cars and two-wheelers online.… Continue reading Exercise caution while buying used cars online, say Coimbatore police
Author: Economic Times of India Online News
Confident about outperforming industry growth in revenue terms: Sunil Bohra, Minda Industries
Industry has grown in terms of vehicle volumes at 31%, we have grown by 49%… From a medium to long-term perspective, we are pretty confident that we should be able to outperform the industry growth in terms of revenues, said Sunil Bohra, CFO, Minda Industries to ET Now. Edited excerpts: You have seen strong growth… Continue reading Confident about outperforming industry growth in revenue terms: Sunil Bohra, Minda Industries
Cost concerns over Bengaluru suburban rail’s expansion plan
CMP had suggested suburban rail be extended from 149km to 314 km. BENGALURU: As Karnataka gears up to launch civil works of the long-delayed Bengaluru suburban rail project in October, its plan to expand it into five adjoining districts and neighbouring Tamil Nadu has raised the concerns of finance department. As per Comprehensive Mobility Plan,… Continue reading Cost concerns over Bengaluru suburban rail’s expansion plan
Average age of U.S. vehicles hit record 12.1 years in 2020-IHS Markit
The firm said these factors could cause the average vehicle age to go back down in 2021, as more owners sell or trade in their older used vehicles. The average age of U.S. cars and light trucks rose to a record 12.1 years in 2020, as Americans drove fewer miles and scrapped more vehicles during… Continue reading Average age of U.S. vehicles hit record 12.1 years in 2020-IHS Markit
Exim Bank sees India’s Q1 merchandise exports at $87.2bn
While the peak of the second wave of infections of the Covid-19 pandemic witnessed in India during end April-May 2021, could have subdued exports during the quarter to some extent, exports from India have nevertheless been relatively resilient. Export-Import Bank of India (Exim Bank) has projected India‘s total merchandise exports for the first quarter of… Continue reading Exim Bank sees India’s Q1 merchandise exports at $87.2bn
Spl engg courses lose steam, scrapped
Career consultant Jayaprakash Gandhi said students now prefer core branches. “Public sector jobs require GATE, which does not support specialised courses. During campus placements too, recruiters seem to prefer talent with broader core knowledge over ones with specialised knowledge,” he said. CHENNAI: Poor demand has forced engineering colleges in the state to drop some specialised… Continue reading Spl engg courses lose steam, scrapped
New vehicle registrations slide by nearly 40% in Bengaluru
The overall vehicle growth rate of 3.8 per cent is also the lowest in a decade. It was 6.7 per cent in 2019-20, 7.9 per cent in 2018-19, 7.4 per cent in 2017-18, and 8.7 per cent in 2016-17. BENGALURU: Around 3.7 lakh new vehicles were registered in the city in 2020-21, down from 6.1… Continue reading New vehicle registrations slide by nearly 40% in Bengaluru
HP: In-principle nod to amend vehicle accident claim rules
In case more than one vehicle is involved in the accident, the claim amount would be paid to all the vehicles on the basis of police report. If the claimant is unable to bear the cost of summoning the witnesses, the cost would be borne by the government. A provision has also been made to… Continue reading HP: In-principle nod to amend vehicle accident claim rules
For safer roads, Uttar Pradesh to set up centres to train commercial, private drivers
Sources said it might be made mandatory for commercial vehicle drivers to undergo training at these institutes, the government could also allow drivers of private vehicles to enrol for training. Private vehicle drivers may have to undergo a 21-day course which will include hands-on training and theory classes. The training schedule will include at least… Continue reading For safer roads, Uttar Pradesh to set up centres to train commercial, private drivers
Jaipur: Audit identifies 74 blind spots in city but JDA yet to act
Neha Khullar, consultant, road safety cell, transport department, who was part of the road safety audits, said, “The spots remain vulnerable for accidents. I have not seen any spot identified by us corrected or repaired other than markings at some places.” Jaipur: Inaction on road safety audit report on city roads has put the Jaipur… Continue reading Jaipur: Audit identifies 74 blind spots in city but JDA yet to act