Scooters India shares rally 5% on EV plansThe scrip jumped 5 per cent to Rs 37.80 in early deals.
Stocks in the news: Biocon, Vedanta, Jet Airways and L&TAsian stocks Hang Seng and Nikkei were also trading in green in the morning trade.
On the road: Anjan Rangaraj's collection boasts of Yezdi, Royal Enfield 350 & 25 other vintage beastsCatalyst Properties CEO's most notable bikes are the Lambretta scooter and Vespa scooter, among others.
Govt invites EoI for strategic stake sale in Scooters IndiaIn a global invitation, the heavy industry ministry has asked interested parties to submit the EoI on or before May 7, 2018.
Government may seek help to keep Lambretta brandOn its website the company says: “Lambretta Licensing has been given the exclusive rights by Lambretta Srl to expand and develop the Lambre...
Short time revivals fail to speed up state-owned Scooters India profits, union now favours privatisationET reported in December that the government is yet again thinking of selling Scooters India. “We were at the forefront of opposing privatis...
Haryana wants count of bureaucrats' horsesIn the age of odd-even schemes to beat car congestion, the Haryana government has asked its employees to list the number of horses they kee...
Vintage cars and motorbikes go out on royal rideOver 220 rare cars and 7 period two-wheelers were paraded on the 52-km-long route from Delhi to Gurgaon as part of the two-day '21 Gun Salu...
Cabinet clears revival package for Scooters India LtdThe automobile company, which has about 1,200 regular employees, has been incurring losses since 2002-03. In March 2009, the company was de...
Government defers decision on proposal to revive sick PSU, Scooters IndiaThe Department of Heavy Industries (DHI) had proposed a revival package of more than Rs 200 crore.
Govt defers proposal for revival of Scooters IndiaThe government today deferred a proposal for the revival of sick PSU, Scooters India Ltd (SIL) due to absence heavy Industries and Public E...
Government to consider Rs 200 crore revival package for Scooters IndiaThe Department of Heavy Industry had proposed a revival package of more than Rs 200 crore for revival of the company, sources said.
- Government plans to revive five PSUs through fund induction of Rs 4575 crore
HMT Ltd, HMT Bearings, HMT Watches, NEPA, Nagaland Pulp and Paper will be revived through induction of funds by the govt.
- Scooters India June quarter net loss at Rs 4.01 cr
State-owned Scooters India today posted a net loss of Rs 4.01 crore for the quarter ended June 30, 2011.
- Scooters India's disinvestment approved; stock jumps 5 per cent
The disinvestment proposal was approved at a cabinet meeting chaired by Prime Minister Manmohan Singh.
- Lambretta to seek euro 10 mn claim from Scooters India
Italian two-wheeler maker Lambretta Consortium today said it will seek claim of over ten million euros (about Rs 60 crore) from Scooters In...
- Raising the stakes
As India began its process of industrialisation, Italy played a supportive role.