TPEM and JLR join forces for premium pure electric 'Avinya' series

Tata Passenger Electric Mobility Ltd (TPEM) and Jaguar Land Rover Plc (JLR), two subsidiaries of Tata Motors Limited (TML), have formed an agreement to collaborate on the development of the 'Avinya' series of premium pure electric vehicles from TPEM. This partnership, announced on November 2, 2023, ...

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Overspeeding accounted for 71.2% of total deaths in road accidents: MoRTH

It also said that “Hit from Back” accounted for the largest share in total accident deaths at 19.5%, followed by “hit-and-run” and “head-on collision,” which accounted for 18.1% and 15.7% of deaths, respectively. The report on road accidents attributable to vario...

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Tata Motors Awarded Rs 766 Crore Compensation In Tata Nano Project Land Dispute

In a recent development, Tata Motors Limited has emerged victorious in its protracted legal battle with the West Bengal govement over the closure of the Nano car project in Singur, a leading news agency reported. The report further stated that a three-member Arbitral Tribunal has ruled in favor of T...

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Arbitral rules in favour of Tata Motors in Singur plant case, to get compensation of INR 766 cr plus interest

Tata Motors on Monday announced that they have secured an arbitration award worth Rs 766 crore as compensation for its investment in the now-defunct Singur plant. The Singur plant was initially intended for the production of Tata Nano cars. This arbitration stems from a dispute between Tata Motors ...

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Renault Group to invest EUR 3 bn to launch 8 new models by 2027 for global offensive

NEW DELHI: French automaker Renault on Wednesday presented its 'Inteational Game Plan 2027' in Rio de Janeiro, Brazil, committing to invest EUR 3 billion to launch eight new models by 2027 outside Europe. The company said that one in three cars it sells will have an electric or hybrid version. The ...

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Should You Buy a Car Cash Down or Through the Finance Option?

Setting up a Systematic Transfer Plan (STP) allows investors to transfer a fixed amount from one mutual fund plan to another at regular intervals. This helps investors benefit from the potential retus of equity funds, while reducing the risks of lump sum investments. Here's how to set up STP. Choos...

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Maruti Suzuki shares fall over 2% on Rs 2,159 crore income tax draft assessment order

Shares of auto major Maruti Suzuki fell 2.4% to Rs 10,093 in Wednesday's trade on the BSE after the company received a draft assessment order from the Income Tax Department for the financial year 2019-20 worth Rs 2,159 crore. In the exchange filing, the manufacturer said that “certain additio...

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Royal Enfield introduces motorcycle rental service

Royal Enfield has announced its new motorcycle rental service called 'Royal Enfield Rentals' in India. The Chennai-based bike manufacturer has partnered with several motorcycle rental operators across India to offer this service for riders. Specifically, the company has tied up with a total of 40 bi...

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How real-time machine learning can make the self-driving cars more smart

Real-time Machine leaing and compression techniques are at the forefront of propelling self-driving technology into the future, whether it's for personal transportation or last-mile deliveries. In this rapidly evolving field of autonomous vehicles, real-time machine leaing can prove to be a game-cha...

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