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AUTOMOTIVE RAKES
India Inc biggies turbocharge plans to move logistics into electric laneTop Indian companies are boosting their green logistics plans. PepsiCo is expanding its electric vehicle corridors. Maruti Suzuki aims to s...- Maruti Suzuki earmarks Rs 1,372 crore on green logistics, crosses 30 lakh dispatches via railMaruti Suzuki is investing Rs 1,372 crore in green logistics infrastructure. The company plans to increase vehicle dispatches by rail to 35...
- Texmaco Rail bags Rs 64-cr wagon order from APL Logistics Vascor AutomotiveTexmaco Rail & Engineering Ltd has secured a significant purchase order valued at Rs 64 crore. The order comes from APL Logistics Vascor Au...
- Mahindra looks to bolster play in core SUV, electric vehicle segmentsMahindra & Mahindra will continue its strategy of offering premium, differentiated SUVs and electric vehicles, eschewing immediate plans fo...
- Better to look them as a chain: 15 stocks from different part of automobile ecosystem, 7 with buy reco and upside potential of up to 32%If one takes June - July 2020 as the base from where this bull run started. Amongst the first to gain were stocks like Ashok leyland, Tata ...
- These auto sector stocks can deliver more than 17% return in next one yearUnlike the US and some other western countries, where a separate transportation index is watched very closely, in India we don't have a ver...
- Northern Railways helps Maruti export Jimny cars to African countriesAccording to the statement, Sukhvinder Singh, Divisional Railway Manager, flagged off the first freight train with 98 cars on Tuesday from ...
- Nifty Auto index stocks: New EV policy will change the landscape even for ICE playersThere have been lots of reports on how the EV policy will focus on bringing TESLA to India. While one single player will get the limelight,...
- Nifty Auto index stocks: New EV policy will change the landscape even for ICE playersIt is very likely that a new EV policy is on its way. Will it have financial incentives for existing players or will it focus on building a...
- Maruti Suzuki plans to build specialized railway sidings in Haryana and GujaratLast year, the firm moved over 3.2 lakh autos through rail wagons, the most in a calendar year since 2013, when the company obtained the Au...
- L&T Tech will hit billion-dollar run rate between Q2 and Q3 this year: Amit Chadha“I do believe that we will hit the billion-dollar run rate between quarter two and quarter three of this year, we had guided that last Sept...
- Stickers at gas pumps call out Biden on high pricesAs stated by the American Auto Association, the national average price of one-gallon regular unleaded gas is $4.32 as of Saturday.
- India to launch supercharged push for global electric vehicle playersThe new automotive sector scheme, however, has been under discussion since mid-2020 to provide a more focused approach, industry sources cl...
- Maruti, Hyundai log in higher retail numbers in JanuaryMaruti and Hyundai, which together account for more than 70% of the passenger vehicle market, have been helped also by a low inventory buil...
- Surge in demand for rail travel: Out of 736 special trains, 327 have waitlisted passengers"We have been saying that we will introduce trains wherever necessary, but they will be only reserved trains and will follow all coronaviru...
- Tata Motors pips Mahindra in August PV sales, ranks 3rdAuto major Tata Motors (TaMo) is back in the reckoning with its passenger vehicle portfolio and is now in the third position in the pecking...
- Automakers want to increase freight carriage through railways, ask for improved infrastructureThis comes as the national transporter announced a series of measures to boost demand from the industry including waiving off of certain fr...
- Mahindra & Mahindra is considering setting up second base overseas to globalise footprint“As part of our globalisation strategy and with the market focus, surely we believe there is a need for us to have a second base outside In...
- Few takers for railways' auto freight scheme, only Maruti Suzuki places order for 3 rakesMaruti Suzuki, the railways' biggest automotive client, is the only automaker to have placed orders for rakes under the scheme.
- Repo rate hike: Corporates say move will hurt industry, some call it madnessIndia Inc has been cautious on expanding due to several rounds of rate hikes in the past one-and-a-half years.
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