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