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Insurance penetration in the country was 3.4 per cent in 2015 against the world average of 6.2 per cent.

Third-party insurance for cars, 2-wheelers to become costlier

The new rates for the fiscal 2019-20 will be applicable from June 16.

6 Jun 2019 7:49 PM IST

Wipro Chief Azim Premji.

Azim Premji to retire as executive chairman of Wipro; son Rishad to...

However, Azim Premji will continue to serve on the board as a non-executive director for five years till July 2024.

6 Jun 2019 7:23 PM IST

Fiat Chrysler Automobiles (FCA) spokeswoman Shawn Morgan declined to comment. The French government, Renaults biggest shareholder with a 15 per cent stake, also declined to comment.

Fiat Chrysler withdraws offer of merger with Renault

The government has warned against any haste' regarding the proposed 50/50 merger.

6 Jun 2019 8:49 AM IST

Then on April 10, 2019, the carmaker officially had the global reveal in London.

MG EZS to make all-electric SUV in Gujarat

The MG EZS was first revealed at the Guangzhou Motor Show 2018 in China last November.

6 Jun 2019 12:55 AM IST

A top IRDAI source told Financial Chronicle that the meeting was held in Hyderabad on February 19 and it was attended by 26 chairmen of both life and non-life insurance companies.

Third party premium for cars raised by 12 per cent

The new premiums will take effect from June 16.

6 Jun 2019 12:54 AM IST

Policy will cover all the aspects related to the land availability and granting permissions for the electric vehicle charging stations.

Mahindra Electric in talks with global players to supply electric...

The company, a part of the Mahindra Group, will start supplies of such electric vehicle parts to group firm Ssangyong...

5 Jun 2019 1:30 PM IST

With the starting price of Rs 7.69 lakh for the petrol version and Rs 8.19 lakh at Delhi showroom for the diesel version, Ford EcoSport competes with newly launched Venue, Mahindra XUV300, Tata Nexon and Maruti Brezza.

Ford cuts prices of EcoSport SUVs

Ford India has also revised prices of the EcoSport range, lowering its prices now by about Rs 14,000-Rs 57,000,...

5 Jun 2019 3:06 AM IST

In addition to the new gearbox, the company has also revised the instrumentation on the new motorcycle and it now displays not just the gear position, but also a gear shift indicator that lets the rider what would be the most efficient gear at any given time.

Bajaj Auto launches Platina 110 H-Gear

Interestingly, with the additional fifth gear on offer, Bajaj has added a segment-first feature to the Platina 110 bike.

5 Jun 2019 3:02 AM IST

Fiat Chrysler Automobiles (FCA) spokeswoman Shawn Morgan declined to comment. The French government, Renaults biggest shareholder with a 15 per cent stake, also declined to comment.

Renault to decide on merger talks with Fiat Chrysler

Nissan, a long-time Renault partner, fears being sidelined by the deal.

4 Jun 2019 11:45 AM IST

Lexus has introduced a hybrid crossover called the NX300h which is well-equipped, comfortable, very stylish and an eye catcher everywhere you go.

The eye catcher

Lexus, the Japanese Toyota-owned luxury car brand, which began its operations in India in March 2017, is quietly making...

4 Jun 2019 6:17 AM IST

Datsun gets Vehicle Dynamic Control tech

The VDC system monitors wheel speed, steering wheel position, and lateral acceleration.

4 Jun 2019 2:19 AM IST

At present, the vehicles sold in the country conform to BS-IV emission standards.

M&M ready to launch BS-VI compliant vehicles next year

The stringent BS-VI emission norms will come into force from April 1, 2020 across the country.

4 Jun 2019 2:19 AM IST