TVS Motor logs Rs 178 cr PAT in Q3

Tuesday, 22 January 2019 10:55
Two- and three-wheeler maker TVS Motor Co on Tuesday said it closed the third quarter of the current fiscal with 15.5 per cent growth in its net profit at Rs 178.4 crore. In a statement issued here, the company said…

Uber exploring autonomous bikes, scooters option

Monday, 21 January 2019 15:34
Resuming its self-driving programme, global ride-sharing major Uber has hired a “micromobility robotics” team to work on autonomous bikes and scooters. The company is working to develop electric scooters and bicycles which can drive themselves around cities in order to…

Airbus delivers India’s first ACH145 helicopter

Thursday, 17 January 2019 20:22
Aerospace major Airbus’ ACH145 twin-engine helicopter has entered into India’s private and business aviation market, a fully customised version being developed to Adar Poonawalla, CEO and Executive Director of Serum Institute of India, the world’s largest vaccine manufacturer by doses.…

Honda Cars India to increase prices from next month

Thursday, 17 January 2019 20:20
Passenger car manufacturer Honda Cars India on Thursday said it will increase the price of its models from February 1, 2019. According to the company, the price increase on the CR-V model will be Rs 10,000 and on other models…

Musk quotes $1 bn to build tunnel under Australian mountain range

Thursday, 17 January 2019 09:35
Tesla CEO Elon Musk has quoted $1 billion to build a commuter tunnel under Australia’s Blue Mountains, which divide Sydney from the countrys vast western interior. The renowned tech innovator was responding via Twitter to a query by New South…

Volkswagen fined Rs 171 cr by NGT panel

Wednesday, 16 January 2019 10:13
A four-member committee formed by the National Green Tribunal (NGT) on Tuesday penalised German auto giant Volkswagen Rs 171.34 crore for causing air pollution in Delhi due to excess nitrogen oxide emissions. Volkswagen is accused of installing a cheat or…

Domestic passenger vehicle sales down 0.43% in December

Monday, 14 January 2019 20:06
Sale of passenger vehicles in the domestic market declined by 0.43 per cent on a year-on-year basis in December to 238,692 units, according to data released on Monday by the Society of Indian Automobile Manufacturers (SIAM). Domestic sales of passenger…

90% risk safety by not using rear seat belts: Report

Saturday, 12 January 2019 11:33
About 90 per cent of people in the country risk their safety by not using rear seat belts despite over 70 per cent affirming to its presence in their cars, a report by Nissan Motor India and SaveLIFE Foundation said…

Elon Musk showcases SpaceX’s Starship test rocket

Friday, 11 January 2019 09:54
SpaceX CEO Elon Musk has for the first time offered a glimpse of the company’s Starship test flight rocket, dubbed the “Hopper”. “Starship test flight rocket just finished assembly at the @SpaceX Texas launch site. This is an actual picture,…

Honda Cars India introduces new petrol grade of Honda City

Friday, 11 January 2019 09:12
Passenger car maker Honda Cars India on Thursday introduced a new petrol grade of its mid-size sedan Honda City, with an ex-showroom price of Rs 12.7 lakh. According to the company, the addition of new ZX MT (petrol) grade is…