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India

Aditi Shah

RPT-India proposes electrifying motorbikes, scooters in 6-8 years- source

8:12am IST

NEW DELHI, May 22 The Indian government's leading think-tank has proposed electrifying most motorbikes and scooters within the next six to eight years to curb pollution and reduce dependency on fossil fuels, a source with direct knowledge of the matter said.

India proposes electrifying motorbikes, scooters in six-eight years: source

12:05am IST

NEW DELHI The Indian government's leading think-tank has proposed electrifying most motorbikes and scooters within the next six to eight years to curb pollution and reduce dependency on fossil fuels, a source with direct knowledge of the matter said.

Exclusive: India watchdog probes allegations of anti-competitive conduct by Maruti - sources

21 May 2019

NEW DELHI India's antitrust regulator is looking into allegations that Maruti Suzuki, the country's biggest car maker, resorted to anti-competitive practices by controlling how its dealers discounted cars, three people aware of the matter said.

UPDATE 1-Wholesale sales of Indian passenger vehicles drop most in nearly 8 years

13 May 2019

NEW DELHI, May 13 Wholesale sales of passenger vehicles in India fell 17% year-on-year in April, their steepest decline since October 2011, data from the country's auto industry body showed on Monday, as weak consumer confidence and a liquidity crunch hit demand.

Jet Airways pilots' union asks Supreme Court to direct SBI to release funds

09 May 2019

NEW DELHI Jet Airways' pilots' union has appealed to India's top court to direct State Bank Of India (SBI) to release interim funding to try to revive the grounded airline, according to a court filing made on Tuesday which was reviewed by Reuters.

As Uber gears up for IPO, many Indian drivers talk of shattered dreams

08 May 2019

MUMBAI/NEW DELHI In 2016, Rajesh Raut started driving an Uber taxi in Mumbai, hoping he could earn more than the $215 he received each month for making flatbreads at a roadside stall.

RPT-As Uber gears up for IPO, many Indian drivers talk of shattered dreams

08 May 2019

* Stories of angry drivers come as Uber set for stock market debut

OYO to buy European vacation rental group for $415 million - source

02 May 2019

BENGALURU Indian hotel startup OYO will buy European vacation rental group @Leisure for about 370 million euros ($415.29 million) from German media company Axel Springer and other shareholders, said a source familiar with the matter.

'Bonanza time': Foreign carriers savour rising India demand as Jet Airways crumbles

26 Apr 2019

NEW DELHI/MUMBAI The grounding of India's Jet Airways is turning into a quick windfall and long-term opportunity for international airlines keen to scoop up nearly a million outbound passengers from what was once the nation's biggest airline.

Maruti Suzuki India to phase out diesel cars, sees weak year ahead

25 Apr 2019

NEW DELHI/BENGALURU Maruti Suzuki India Ltd said on Thursday it would stop making all diesel cars beginning April next year and forecast a weak rate of growth for the current fiscal year, blaming uncertain fuel prices and the onset of stricter emission norms.

World News

Theresa May in peril over Brexit on EU election day

Prime Minister Theresa May was under intense pressure to name a date for her departure after her final Brexit gambit failed, overshadowing a European election that will show a United Kingdom still riven by divisions over its EU divorce.