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Auto industry lobbying spurs revision of India’s CAFE normsIndia is on the brink of introducing new Corporate Average Fuel Efficiency regulations that could eliminate exemptions previously granted t...
As automakers differ, global CAFE sops could benefit small cars in IndiaIndia is reviewing global incentives for small cars under fuel efficiency norms, inspired by the US, China, EU, Japan, and South Korea. Thi...
India’s next gen coal-fired power projects in limbo; Approvals pending over a year after Budget announcementThe 800 MW NTPC-BHEL advanced ultra super critical (AUSC) coal-fired project, announced in Budget 2024-25, is awaiting final government app...
Ola Electric shares surge 6% after denying regulatory issues, citing registration backlog for February sales discrepancyOla Electric shares: In a statement released on Friday, the company confirmed that its sales remain strong and that it is working to clear ...
Ola Electric denies regulatory issues, clarifies February sales discrepancies due to temporary registration backlogOla Electric clarified that a temporary backlog in vehicle registrations caused discrepancies in February 2025 sales data, rebutting claims...
Ola Electric to face heat from Centre after mismatch between sales, registration of EVsOla Electric faces increased regulatory scrutiny as discrepancies arise between reported sales and actual vehicle registrations. The Minist...
Investing in women's health could add $400 billion to global GDP annually: WEF ReportThe WEF and MHI report highlights the significant economic benefits of addressing women's health issues, estimating a potential USD 400 bil...
ET Impact: Subsidy partly restored for cargo electric 3-wheelersThe government has reinstated subsidies for electric three-wheeler cargo vehicles at a reduced rate, following the early achievement of sal...
Targets met, subsidy on electric cargo three wheelers to endIndia's electric vehicle subsidy program, PM E-Drive, is nearing its target within weeks of launch. Sales of electric cargo three-wheelers ...
Centre can deduct outstanding payments from states getting benefits of PM e-busThe centre can deduct outstanding dues from states under the PM E-Bus scheme using a Direct Debit Mandate with RBI. PTAs will operate elect...
India to soon unveil new scheme to incentivise EV purchases, expand charging infraOfficials in the Ministry of Heavy Industries (MHI) said on Friday that the allocation of ₹2,671.33 crore under the Faster Adoption and Man...
India's automotive industry poised to rank number 3 in world by 2030: GovtIndia's automotive industry is poised to rank number three in the world by 2030, with various schemes like the Rs 25,938 crore PLI for Auto...
FAME: Govt plans to penalise erring e-scooter companiesA senior government official said debarring these companies from availing government subsidies in the future as well as not allowing them t...
Auto companies await clarity on PLI subsidy for FY23Auto industry companies in India are awaiting clarity on whether they will receive incentive funds for the first year of the ₹25,938 crore ...
FAME electric two-wheeler beneficiary tally slashedAlmost half of the electric two-wheelers sold under the Indian government's FAME-II scheme, valued at INR10,000 crore ($1.35bn), were sold ...
Auto production-linked incentives: Govt eases norms for availing benefits but many concerns remainThree execs aware of the Monday meeting between government officials and industry stakeholders said the Centre explained the tweaks to the ...
Government may ease data submission norms in PLI plan for auto companiesAutomakers will be able to avail the benefits by submitting sourcing and pricing details of all the parts used in the vehicles from their t...
Automakers hit a domestic value calculation speed bump on way to Rs 25,938-crore PLI scheme benefitsThese firms are concerned that they may not receive sops under the Rs 25,938-crore scheme for the first year of its five-year operational p...
- Max Hypermarket to rebrand outlets as 'Auchan' stores
Max Hypermarket India is undertaking a rebranding exercise of its stores and will operate under the Auchan brand .
- Posco India fumes as cops shift seminar site citing security concerns
The seminar showcased the progress status of Posco's steel projects in India, including Odisha project and SAIL JV, to the equipment suppli...