India’s federal financial crime-fighting agency will examine findings in a Reuters report, which revealed that Amazon.com Inc has for years given preferential treatment to a small group of sellers on its India platform and used them to circumvent the…
Indian authorities plan to propose a new law to ban private cryptocurrencies and implement a framework for an official central bank digital currency. India will seek «to prohibit all private cryptocurrencies in India», according to a legislative agenda…
Indian foreign direct investment in Vietnam is relatively modest because of the lack of trade promotion activities, says a deputy minister of planning and investment. “Bilateral trade and investment relationship has seen many positive results in recent times…
Maruti Suzuki India Ltd will raise prices for some car models to mitigate the impact of rising costs, the country’s largest automaker by market value said on Monday. The move comes after rival Mahindra and Mahindra Ltd increased prices of its personal and…
Tata Group plans to invest in digital, high-end electronics and healthcare in a post-pandemic world, the $100 billion conglomerate’s chairman said on Thursday. Tata, whose operations span hotels, steel, airlines, electronic goods and technology services, will…
Tata Motors has released the Group’s global wholesales numbers for the third quarter of Financial Year 2020-21. In the quarter that ended on December 31, 2020, Tata Motors Group’s global wholesales stood at 2,78,915 units (including Jaguar Land Rover),…
The wait is nearly over as American electric carmaker Tesla is all set to set-up operations in India and zeroed down on Karnataka, as its preferred state to set-up its headquarters. The electric auto giant has registered its Indian subsidiary under the name…
The Ministry of Road Transport and Highway (MoRTH) issued a notification about a week ago to the effect that Indian citizens can now renew their International Driving Permit (IDP) while they are abroad, in case their IDP expires. The new amendment allows…
Honda Motorcycle & Scooter India is likely to initiate production on the third line of its Gujarat Plant in the next two to three years. According to a recent report from PTI, the two-wheeler manufacturer took this step as demand has shrunk in the market due…
JK Tyre India has joined hands with Hyundai Motor India to become its official tyre partner for the Creta. JK Tyre has been introducing hi-technological products that are specifically designed for Indian roads. The top-end variants of the Hyundai Creta are…
Honda Motorcycle and Scooter India has initiated a voluntary retirement scheme (VRS) for the company’s permanent employees. The decision comes in the middle of challenging market conditions and a downturn in the Indian economy, although the automotive…
Honda Motor Company has said that it won’t be supplying new cars to its authorized dealers in Russia in 2022 as the company is trying to restructure its operations. The Japanese automaker has confirmed that it would keep its presence in the Russian market…
A number of bids have been put forward for India’s loss-making national carrier, including one on behalf of its employees. The Indian government had tried to offload its stake in Air India in 2018 but failed to attract a single bid. One group is representing…
India on Tuesday sought public comment on a proposal to make airbags mandatory for the front passenger in all cars from next year, in a move that could raise costs for automakers slowly seeing a revival in demand. Carmakers are required to provide an airbag…
The Delhi High Court on Monday refused to restrain Jeff Bezos-led Amazon from interfering in Kishore Biyani-headed Future Retail’s $3.4 billion deal with Mukesh Ambani-owned Reliance Retail by writing to statutory authorities. The order was pronounced by a…
How many times have you seen a Volkswagen Beetle and not given it another look? Well, the answer is zero and that’s because its design is timeless, ageless. That’s also why we can’t help but look at the new-gen models from Volkswagen India like the Jetta,…
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