Chennai: ZF Group, a leader in hydraulic and electrohydraulic braking systems, has drawn up plans to extend the local production of transmission and axles to serve domestic and overseas markets. The company’s facility in Coimbatore would further the ambition of ‘Make in India for the World’ and ‘Make in India for India’, ZF Group president … Read more
Bhopal: The opposition bloc INDIA was falling apart as its constituents are fighting each other, Defence Minister Rajnath Singh said on Monday. Addressing public meetings in Gwalior (rural) and Bhojpur (Raisen) Assembly seats in Madhya Pradesh, he asked the people to ensure the state “does not become the ATM of the Congress”. All Congress governments … Read more
India could be the ideal site for emerging market investment, according to one ETF expert. Kevin Carter, founder and chief investment officer of EMQQ Global, told CNBC’s “ETF Edge” this week that India’s population demographics, growing economy and technology-oriented policy make the country highly investable. “You’ve got a government that’s a democracy that’s supporting technology, … Read more
New Delhi: German luxury carmaker Mercedes-Benz on Wednesday said it will hike prices of select models in India by up to 2 per cent from January 1 next year to partially offset rising input, commodity and logistics costs. The price hike will range from Rs 60,000 for the C-Class to Rs 2.6 lakh for a … Read more
India has been the fastest growing among the world’s 10 largest automobile markets this calendar year when compared to the pre-pandemic year of 2019, according to a global sales forecasting firm. The world’s largest light vehicle (includes cars and light utility vehicles less than 6 tonnes) market, behind China and the US, is estimated to … Read more
India and New Zealand have discussed measures to reduce trade barriers and promote a more investor-friendly environment to boost economic ties, an official statement said on Wednesday. The issues were discussed during the meeting of Commerce and Industry Minister Piyush Goyal and his counterpart from New Zealand Todd McClay on December 19. Both the ministers … Read more
New Delhi: Mahindra & Mahindra’s sports utility vehicle Scorpio-N has received zero safety rating from ANCAP, prompting the company to state it will incorporate upgrades in the product mid-cycle update to meet the new safety regulations. The vehicle earlier had scored five stars for adult occupancy and three stars for child occupant protection in the … Read more
Canada’s public inquiry into foreign interference has set the dates for its public hearings, the federal government announced on Friday. The hearings are the first of two expected to take place in 2024 and are part of the inquiry into allegations of interference from China, Russia and other foreign actors and any impact they had … Read more
Maruti Suzuki India (MSI) on Friday said it has inked a pact with the Haryana government to set up second Japan-India Institute for Manufacturing (JIM) in the state. The new institute would come up at Kansala in Rohtak, Haryana and will be operational next year. Spread over five acres, the existing ITI Kansala will be … Read more
Honda Cars India on Saturday said its mid-sized Sports Utility Vehicle Elevate has crossed 20,000 sales mark since its launch in the domestic market in September this year. The new model accounted for over 50 per cent of total company sales in the last three months and has helped the company grow its sales by … Read more
