Ousted Nissan chief to appear in court on January 8

Saturday, 05 January 2019 16:17
Ousted Nissan Motor chairman Carlos Ghosn will appear at a court here on Tuesday for the first time since his arrest in November, the Tokyo public prosecutors’ office said on Friday. Ghosn, one of the most powerful figures of the…

After India, Musk finds fault with Singapore

Friday, 04 January 2019 17:04
Beginning his Twitter tirade in New Year, Tesla founder and CEO Elon Musk has criticized Singapore, saying the government there has been “unwelcome” to his electric car plans for the city state. Responding to one of his follower’s question on…

Samsung to supply auto chips to Audi

Thursday, 03 January 2019 16:23
Samsung Electronics Co. said on Thursday it has clinched a deal with German carmaker Audi AG to supply automotive processors designed for in-vehicle information and entertainment systems. The South Korean chipmaker, which first showcased the automotive chip brand in October…

Musk’s SpaceX successfully deploys US GPS satellite into orbit

Monday, 24 December 2018 16:48
Billionaire Elon Musk-owned SpaceX has successfully launched and deployed a powerful next-generation GPS navigation satellite into orbit — making it the company’s first-ever US government-sanctioned national security space mission. A SpaceX Falcon 9 rocket climbed into orbit on Sunday with…

Maruti Suzuki’s sales to grow 5% in Jan-Mar 2019: Chairman

Thursday, 20 December 2018 09:18
Automobile major Maruti Suzuki is likely to log a 5 per cent growth in wholesale sales during the upcoming January-March quarter, said the company’s Chairman R.C. Bhargava on Wednesday. Bhargava, in a media interaction here said that the first quarter…

Ola to invest $100 mn in Vogo scooter-sharing start-up

Tuesday, 18 December 2018 17:01
India’s leading cab-hailing platform Ola on Tuesday announced investing $100 million (Rs 711-crore) in scooter-sharing start-up Vogo. “As part of the partnership, Ola will boost Vogo’s supply by investing in 100,000 scooters on Vogo platform worth $100 million,” the city-based…

Air India to stop 'companion free scheme' for employees

Wednesday, 08 May 2013 20:12
New Delhi: The government Wednesday directed national carrier Air India to stop the "companion free (travel) scheme" (CFS) which allowed its employees to take their spouse or any other family member for free on the fare of a single ticket.The…

Budget boost for IT growth in Karnataka

Saturday, 09 February 2013 09:36
Bangalore, Feb 8 (IANS) The Karnataka government Friday announced a slew of pro-active measures to propel the growth of the resilient IT industry in the state.Presenting the state budget for ensuing fiscal 2013-14 in the legislative assembly, Chief Minster Jagadish…

Bajaj Auto January sales up three percent

Saturday, 02 February 2013 16:45
New Delhi, Feb 2 (IANS) Two and three-wheeler major Bajaj Auto Saturday reported a three percent growth in overall sales for January 2013.The numbers stood at 347,624 units, up from 337,875 units sold in the corresponding month last year.Exports grew…

Auto Expo 2012: CII, ITPO trade charges over crowd mess

Monday, 09 January 2012 19:00
New Delhi, Jan 9: With many exhibitors at 11th Auto Expo complaining about poor crowd management, the owner of the venue, ITPO, today put all the blame on industry body CII, saying it was not responsible for issuing free passes.…