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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Audi Q5 Limited Edition launched in India at Rs. 69.72 lakh

Audi India has launched the Q5 Limited Edition at a price of Rs. 69.72 lakh (ex-showroom). The special edition is available in limited quantities and gets a blacked-out treatment inside out.  Limited Edition Q5: What's new? On the outside, the Q5 Limited Edition gets a blacked-out Single-fram...

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Maruti Baleno attracts discounts of up to Rs. 40,000 in September

Launched in February 2022, the Baleno is the brand's only premium hatchback and is sold via Nexa outlets. Baleno prices starts at Rs 6,61,000 (ex-showroom) and goes up to Rs. 9,88,000 lakh (ex-showroom) for the top-spec model. Now we have got our hands on the discount offers on this hatchback for th...

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Nitin Gadkari Proposes 10% GST Hike On Diesel Vehicles As Pollution Tax

New Delhi: Minister of Road Transport and Highways Nitin Gadkari today proposed 10% additional Goods and Services Tax (GST) on diesel vehicles as pollution tax. The goal is to discourage car companies from manufacturing "more polluting" fuel-powered vehicles. Gadkari said he has drafted a lett...

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