TVS Motor Company on Monday announced an additional Rs. 25 crore ($3.3 million) contribution to the PM’s Relief Fund (PM-CARES) to help with the battle against coronavirus pandemic, together with its Group Companies TVS Credit Services, Sundaram-Clayton and among others. The development comes in line with the continued activities being conducted through Srinivasan Services Trust (SST), the CSR arm of […]
Narendra Modi
Plan for all-electric cars by 2030 not practical, says Mercedes-Benz India
The Mercedes-Benz India CEO said electric rush neither viable nor wise Luxury automaker Mercedes-Benz has prompted the government of India “not to rush with the all-electric vehicles push” and therefore foreclose much better technological options for future generations as the world is racing to work on hydrogen and not electricity. The automaker also called for […]
Nissan sues India over a dispute over outstanding dues worth $770 million
Nissan Motor has started international arbitration against India to seek over $770 million in a dispute concerning overdue state incentives, according to an individual knowledgeable about the matter and files examined by Reuters. In a legal notice sent to Prime Minister Narendra Modi two years ago, Nissan looked for payment of incentives due from the […]
India to examine private cars for ridesharing to cut traffic
India is analyzing the use of private cars as shared taxis in an effort to lower automobile ownership and curb growing traffic jam in major cities, sources knowledgeable about matter told Reuters. The country’s federal think-tank, which is chaired by Prime Minister Narendra Modi, has partnered with firms such as Uber Technologies to examine the […]
India’s green car plan gives more importance to electric vehicles than hybrids
India’s most prominent government think-tank has recommended reducing taxes and interest rates for loans on electric automobiles, while capping sales of standard cars, indicating a dramatic shift in policy in one of the world’s fastest growing automobile markets. A draft of the 90-page plan, observed by Reuters, also suggests the government opens a battery plant […]
ISRO launches 104 satellites in one go, breaks Russia’s record of 37
Indian Space Research Organisation (ISRO) has made history today by effectively launching a record 104 satellites, including India’s earth observation satellite, on one rocket from the spaceport in Sriharikota. This is the largest number of satellites ever released in a single mission. The area firm’s trusted workhorse Polar Satellite Launch Vehicle PSLV-C37, on its 39th […]
Indians who bought a car after November 8 may get income tax notice
The Income Tax Department has released notice to leading automobile dealers throughout India asking to provide information of all those who booked an automobile after November 8, the day Prime Minister Narendra Modi informed about withdrawal of Rs 500, 1000 notes. Vehicle dealerships who have revealed high bank deposits and high sales estimates in November […]
Nirankari chief, 62, dies in Canada car accident
Sant Hardev Singh, the head of Sant Nirankari Mission, died in a car accident last morning while he was on his way from New York to Montreal. Three other persons, including his 2 sons-in-law Sandip Khinda and Chandigarh-based Avneet Setya, and New York-based Vivek Sharma, got injured although they are out of danger now. A […]
Indian Prime minister Narendra Modi Takes Ride in Electric Car Factory With Tesla Chief
Prime Minister of India, Narendra Modi on Saturday took a trip of Tesla Motors, the manufacturers of trend-setting electrical autos, in a battery-powered cart. Not long after his arrival in San Jose and also after a communication with the Indian American neighborhood, the prime minister visited the factory of Tesla, which was founded in 2003 […]
