The Bombay High Court has quashed a circular issued by Maharashtra’s transport commissioner imposing certain conditions while deciding on applications for registration of vehicles under the BH series. A division bench of Justices Girish Kulkarni and Firdosh Pooniwalla, in its judgment on April 12, said the circular was issued “without any authority and, hence, flawed … Read more
Splits in key political parties Shiv Sena and NCP have made the battle for the 48 Lok Sabha seats in Maharashtra more interesting, besides the focus on traditional issues like unemployment and farmer suicides. Lok Sabha polls in Maharashtra will be held in five phases on April 19, April 26, May 7, May 13 and … Read more
Tractor sales in India, a proxy for rural economic health, have seen a steep decline in key states in the west and south in the first 9 months of the fiscal year, dragging overall sales down 4% in the world’s largest market for the equipment. This follows record growth in FY23. Maharashtra saw a 33% … Read more
Two months ago when Maharashtra Deputy chief minister Ajit Pawar was asked if his faction of Nationalist Congress Party (NCP) will put up a candidate from the Lok Sabha constituency of Baramati, the pocket borough of the Pawar clan, against his the cousin Sharad Pawar’s daughter Supriya Sule, who is the sitting MP, he said, … Read more
Uttar Pradesh recorded the highest number of vehicle sales in October-December 2023, followed by Maharashtra, Gujarat and Tamil Nadu, according to Society of Indian Automobile Manufacturers. As per data from Society of Indian Automobile Manufacturers (SIAM), Uttar Pradesh clocked a total sales of 8,22,472 units across passenger and commercial vehicles; and two and three-wheeler categories. … Read more
New Delhi, Hyundai Motor India on Friday said it has completed the acquisition of General Motors India’s manufacturing plant at Talegaon in Maharashtra. The country’s second-largest carmaker also announced that it will invest Rs 6,000 crore in Maharashtra as part of an agreement inked between the company and the state government in Davos. The acquisition … Read more
Maharashtra Chief Minister Eknath Shinde has said that the state has inked memorandums of undertaking (MoUs) worth Rs 3,53,675 crore at the World Economic Forum 2024 in Davos, Switzerland. Shinde thanked investors, noting the increased confidence of global industries that showed interest in investing Rs 1 lakh crore in Maharashtra. These MoUs have the potential … Read more
Indian mills produced 14.87 million metric tons of sugar between Oct. 1 and Jan. 15, a 7% fall from the previous year, because of lower output in key producing Maharashtra and Karnataka states, a leading industry body said on Wednesday. Maharashtra’s sugar production fell to 5.1 million tons from 6.09 million tons, while Karnataka’s production … Read more
Hyundai Motor is set to invest a substantial amount of Rs 7,000 crore to revamp its recently acquired second plant in India. The automotive giant successfully acquired the dormant factory from General Motors Co., marking a significant development in the Indian automotive landscape. The investment agreement is poised to be officially signed at the annual … Read more
The General Motors Employee Union (GMEU) is unlikely to pursue further legal recourse after the Bombay High Court dismissed its plea challenging the closure of the company’s plant in Maharashtra, said people privy to the matter. Instead, it may work out a compensation plan with the US automaker. The union is unlikely to stretch this … Read more
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