While we need to move to EV, I think we need to move in a calibrated manner, says Venu Srinivasan, Chairman and Managing Director, TVS Motors
According to a source, the government wanted to understand from the industry about the reasons of the ongoing slump in demand
Despite the challenges, the Survey noted that electric vehicles will be the future in India
Gangwal's decisions are being overturned as partner Rahul Bhatia tries to make IndiGo his own
The firm witnessed a sharp rise in overall expenses as a result of an increase in raw material and depreciation and amortisation costs
Kazunari Yamaguchi, Kazuhiko Ayabe, and Toshiaki Hasuike have resigned from the board of the company with effect from July 26
The board will also take a decision on whether to call for an external audit of Gangwal's personal expenses
Rahul Bhatia claims he has played more significant role and undertaken financial risks
Bhatia said there was no abuse of rights, and Gangwal's proposal for convening an EGM was rejected on the basis of a legal opinion obtained by the board
Gangwal and Bhatia founded IndiGo in 2005 and together hold 75 per cent in the company
Jet, with more than Rs 8,000 crore of debt, flew for the last time on April 17 after it ran out of cash
He also said Indians have proved themselves assets across the world
Staff join hands with private equity firm to pick up 75% stake in the bankrupt airline
TCS bags prestigious government project after running passport services and helping in MNREGA.
Skylark said one of the biggest bottlenecks for drone firms was getting multiple-level clearances
If you really want to serve a massive customer base, you have to make in India, says CEO Thierry Bollore
"It's not easy to deal with 900 creditors outside insolvency proceedings"
Indian lenders had planned buying the planes as collateral
The Gurugram-based company had acquired Lucknow-based drone manufacturer and consultant start-up TechEagle in December, to expand food delivery using drones
However, it will continue with its proposed expansion in Gujarat