R K Singh said that the state-run Energy Efficiency Service Ltd (EESL) will float another tender for 10,000 electric cars tomorrow.
Jaguar Land Rover is waiting for more information on trading conditions after Brexit before it decides whether to make electric cars in its home market.
VW is looking at Apple products for guidance on how to style its new generation of electric cars, its top designer said.
Daimler AG, owner of the Mercedes-Benz brand, warned that a fall in demand for diesel cars and a switch to electric vehicles could force it to prop up its supplier base.
Porsche said it would double investments in electrifying its entire range by 2022, as parent company VW reacts to environmental scandals.
Ford plan to double its electrified vehicle spending is part of an investment tsunami in batteries and electric cars by global automakers that now totals $90 bn.
The service is a part of Singapore’s plans to reduce the number of vehicles on its roads and encourage the use of public transport.
Tesla customers cannot order the Model S base version without extra features that pushed the car above the 60,000 euro price limit, BAFA spokesman said.
M&M announced a strategic partnership with Renesas, under which the latter will become the official technology partner for its Formula E team.
Amitabh Kant said there is a need to find a technological breakthrough to bring down the cost of battery used in electric cars.
Provident Housing Ltd enters Goa with Adora de Goa an Integrated Resort distric
Project is expected to deliver a Sales Volume of close to Rs 1000 cr over the next 5 years
Group is entering into a management contract with The Park Hotels
Rare Enterprises Buys 3 Cr Shares At Rs 18.37/Sh
Attracts 26 bidders for 51% stake quoting bids between Rs 8000-10,000 Cr
Firms such as ITC, Patanjali Ayurved, Emami Group and Aion Cap are among the bidders
Bidders are bullish on the sector after Govt raise import duties on certain vegetable oils
The govt announced in the budget a hike in import duty to 30-35%
TPG Cap and Manipal Health are eyeing controlling stake in the co
Likely to lead to 2 simultaneous open offers leasing to premium offers to attract investors
Will have to buy at least 26% stake through Voluntary open offer as part of takeover code
A 26% shareholding will automatically trigger the mandatory open offer for additional 20%
Business Standard Reports
TRAI issues show-cause notice to co
Seeks details of non-transparent, discriminatory tariffs to consumers
Have to respond till Mar 25
Action to depend on if tariff reported to regulator or not
Notice first one after TRAI issued tariff order on predatory pricing
Economic Times Reports