Third-party insurance is compulsory for all vehicles New Delhi: The death of former Tata group chairman Cyrus Mistry in a road accident has ignited a debate over the eligibility of insurance claims in accident cases but industry players say the very purpose of buying insurance is to hedge against risk, whether due to human error… Continue reading Insurance claims independent of human errors: Industry players
Tag: JLR
VW India opens all-women dealership in Coimbatore
Volkswagen Passenger Cars India has set up its first ’All-Women City Store’ in Coimbatore, Tamil Nadu as part of an initiative to champion women talent in the automotive workforce and promote diversity, equity and inclusivity across the organisation. The OEM has established the all-women dealership in partnership with Ramani Cars which will focus on upskilling… Continue reading VW India opens all-women dealership in Coimbatore
Tata Motors drives into green territory with alternative fuel CVs
With the focus to join the zero emissions bandwagon, Tata Motors has both the will and the resources to make a huge contribution in this direction. At the spectacular 14 model CNG-truck roll-out event, the truck and bus maker clearly indicated that this is the way forward. It’s not just CNG that’s being advocated for… Continue reading Tata Motors drives into green territory with alternative fuel CVs
Quiklyz to offer leasing solutions for electric three- and four-wheelers
Quiklyz, the new-age vehicle leasing and subscription business of Mahindra & Mahindra Financial Services (MMFSL), has announced its expansion plans in the electric mobility leasing space. The company will now offer customised leasing and subscription solutions for electric three- and four-wheelers to its partners. Quiklyz says it has financed over 1,000 EVs over the past… Continue reading Quiklyz to offer leasing solutions for electric three- and four-wheelers
Mandatory wearing of seat belt in rear seat could have saved Cyrus Mistry
As per the preliminary probe, Mistry was not wearing the seat belt and over-speeding and the “error of judgement” by the driver caused the accident. New Delhi, The mandatory wearing of the seat belt by passengers in the rear seat of the car, as provided by the law, could have saved former Tata Sons chairman… Continue reading Mandatory wearing of seat belt in rear seat could have saved Cyrus Mistry
Faulty project reports responsible for road accidents: Gadkari
Nitin Gadkari, Union Minister for Road Transport and Highways New Delhi: Union minister Nitin Gadkari on Monday attributed some of the road accidents to faulty project reports and stressed that companies need proper training for preparing detailed project reports for construction of highways and other roads. The Road Transport and Highways minister said that the… Continue reading Faulty project reports responsible for road accidents: Gadkari
Ford India makes final severance offer to Chennai plant employees
American carmaker Ford Motor Company, which announced its plan to stop manufacturing operations in India on September 9 last year, has rolled out its ‘final’ severance settlement offer to employees. As is known, Ford India has wound up all manufacturing operations in the country with the last car – an EcoSport – being produced at… Continue reading Ford India makes final severance offer to Chennai plant employees
Tata launches first heavy CNG trucks
Tata Motors today introduced what it claims to be the country’s first CNG-powered M&HCVs in the 28 and 19 tonne categories. Introduced as a part of the Signa platform, the all-new CNG trucks offer the optimal combination of low operational costs, high durability and multiple-use applications that result in higher profitability, the company said in… Continue reading Tata launches first heavy CNG trucks
SKF plans 50 percent increase in its capex over next three years
Bucking its capex trend of the previous 4-5 years, SKF India –a leading supplier of bearings to auto and other sectors — now plans to increase it by 40-50 percent over next three years. The investment plan will see introduction of new products, plant capacity enhancement and increasing localisation. The company usually invested around Rs 150 crore annually as… Continue reading SKF plans 50 percent increase in its capex over next three years
Cyrus Mistry: A reclusive scion who fought for honour after being fired by Tatas
Cyrus Mistry Mumbai: Till his appointment as the chairman to lead Tata Sons, not many knew of Cyrus Mistry, who was then associated only with his family business. A south Mumbai low-profile boy, 44-year-old Mistry family scion was already heading companies in the Shapoorji Pallonji Group when he was appointed to succeed Ratan Tata as… Continue reading Cyrus Mistry: A reclusive scion who fought for honour after being fired by Tatas