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Demand for EV bike prompts Boom to pause bookings, refund some customers

Tamil Nadu-based Boom Motors plans an additional investment of Rs 350 crore to maintain success of brand launched in November.

Chip shortage still a challenge for commercial vehicle players: STFC MD

In an interaction with Shine Jacob, Revankar says the company is expecting a growth rate of 10 per cent in assets under management (AUM) in 2022-23

SpiceJet inks pact with Credit Suisse on $24-million dispute

In a separate case, top court asks airline to settle share-purchase dispute with Marans by Apr 12

States begin doing away with Covid restrictions; Delhi removes no-mask fine

Some states like Tamil Nadu are, however, taking a cautious approach, and are yet to announce major relaxations

EVs face a burning question of safety after serial fire incidents

Serial fires in green two-wheelers in a week raise questions about the regulation and safety standards of this fast-growing section of the automobile industry

As biz expands, rail major Wabtec eyes exports from its Indian mfg hubs

The global rail major, a third of whose global engineering team is in India, is looking at opportunities in components, digital solutions, track maintenance and electrification

Safety flags raised after three electric scooters catch fire in a week

EVPure, Ola S1 and Okinawa vehicles go up in flames; government sets up committee for investigation.

Will act once expert panel submits report: MoRTH official on e-scooter fire

Videos of a Pure EV electric scooter model engulfed in flames in Chennai went viral on social media Tuesday night. It was the fourth such incident involving e-scooters within a week

Garment units in a tizzy as cotton prices approach Rs 1 lakh a candy

High cotton rates have denied them export opportunity created by drop in Chinese shipments

Aramco unit attack in Saudi Arabia's Jeddah may raise crude, LPG prices

Petrol price on Sunday was hiked by 50 paise a litre and diesel by 55 paise, taking the total increase in rates since resumption of daily price revision less than a week back to Rs 3.70-3.75 per litre

Railways rides climate wave with green point ratings to garner more freight

Currently, the national transporter's freight basket is dominated by coal and iron ore, which cumulatively accounts for over 60 per cent of its freight volume

No Russia impact on crude availability, says CPCL MD Arvind Kumar

"As the economy is on the path of demand recovery post Covid, fuel consumption has also been picking up," said Kumar.

India may import 15 million barrels of cheap Russian oil

Doesn't violate sanctions but on wrong side of history: US

Scaling new highs: ATF past Rs 100,000-mark for first time in history

Airlines unlikely to pass on Jet fuel price hike to customers

Slow start to coronavirus vaccination drive for 12-14-year age group

The upcoming Holi weekend could also to be a dampener for the drive

To cash in on IPL success, India Cements launches two Super King brands

Halo Super King cement will be sold Rs 25 higher than the company's existing brand

Future Retail NPAs: Indian Bank to take Rs 800-crore hit in fourth quarter

Earlier, a consortium of 27 banks had indicated they would have to make combined provisions of around Rs 9,000 crore due to non-payment by the retailer.

People in Thoothukudi understand that they were misled: Sterlite Copper COO

'Copper is an important metal for the economy of the country', said Sumathi Angusamy

Fall in rural wage, labour crunch in urban areas hit construction sector

Corporate players are expecting construction activity to pick up during the current quarter

Russia-Ukraine crisis: FM Sitharaman worried over impact on exporters

The finance minister also raised concerns over the impact on the farm sector as it also forms a considerable share of exports to Russia and Ukraine