Page 13 - Shally Seth Mohile/undefined

Encouraged by demand, EV makers line up investment, increase capacity

Tamil Nadu leads among the states, expects investment doubling to 40,000 crore in 2 years

Bumpy road ahead for Ford India as talks with unions on separation flop

Workers at both units set to get into a protracted feud with the management over closure terms and job security

Semiconductor chip shortage may keep Maruti Suzuki's margin in check

Declining trend in royalty payment unlikely to cushion the fall

Ford Motor ceasing production in India leaves its workers high and dry

Company in talks with automakers to sell Chennai plant, says TN govt official

Fresh investments in motown may cross $4 bn; auto firms in talks with govt

Some 13 auto firms have been in talks with govt for setting up business in India

Ford to stop making vehicles in India amid mounting losses and poor sales

Ford had been rethinking its India operations even before it had initiated discussion with Mahindra & Mahindra in 2019

Tata Motors e-Tigor makes a debut as the most affordable e-car

Prices start at Rs 11,99,000 and Rs 12,99,000; saving per kilometer for the e-Tigor is Rs 6.50

Unsold stock piles up at two-wheeler sales channels amid weak demand

As a result, unsold inventory at the sales channels across Hero MotoCorp, Honda Motorcycle and Scooter India, TVS Motor and Bajaj Auto have risen from the average 40-45 up to 75 days.

Chip shortage may spoil the party for carmakers this festive season

Once the festive season is in full cry, the wait may be extended to six to nine months, and even spill over to the next calendar year, say auto dealers

'Bumper-to-bumper' insurance: HC order to make cars costly, say experts

If the order is implemented, it will lead to an increase in the insurance outgo for car owners by a minimum Rs 50,000 for car and a minimum of Rs 7,000 for two-wheeler owners

EVs will become inevitable whether you like it or not: NITI's Amitabh Kant

Develop local supply chain base for EVs and parts, reduce import from China

Hyatt Hotels charts plan to increase India footprint by 70% in two years

Aims to add 3,800 keys by 2023-end

R C Bhargava, Venu Srinivasan face off with govt on auto GST rate

Sales of commercial vehicles in FY21 were the worst in 11 years; for three-wheelers, they were the lowest in 19 years

Work cohesively to create India's own equity capital: FM to India Inc

Govt exploring insurance bonds as alternative to bank guarantees

India could gain $11 trn in 50 years with climate action: Deloitte report

With no action taken on climate change, the average global temperatures could rise by 3°C or more by the end of this century

Indian Hotels to raise Rs 3,000 cr via rights issue for capex, pruning debt

Tata Group's hospitality arm has been using rights issues for fund raising regularly. It raised Rs 1,500 cr in April 2017, Rs 1,000 cr in January 2016 and Rs 844 crore in Feb 2008

Export-focussed sectors express disappointment over RoDTEP rates

The industry associations representing these sectors rued that the rates are lower than what companies enjoyed under the now discontinued MEIS scheme

After a subdued Q1, hotels seeing sharp month-on-month recovery

But that's only when one takes into account the year-on-year performance. The first quarter of last year was a washout for the sector due to the nationwide lockdown

Ola nears 'tryst with destiny'; rivals prepare for e-scooter battle

Ahead of the company's launch of e-scooter on Independence Day, experts say market transition may take time

Scrappage policy to help in removing unfit vehicles from roads: PM Modi

The move, however, doesn't bring an immediate cheer to the pandemic-bruised auto industry