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Traders body CAIT demanded scrutiny of the proposed $12-billion Flipkart-Walmart deal.

Technology

India's Flipkart to replace 40 per cent of its delivery vans with EVs

The Bengaluru-based ecommerce company said it will start with deploying 160 vans by 2019-end.

30 Jun 2019 9:20 AM IST

Harald Kruger, BMWs chairman of the board of management, had earlier announced the release year to be 2025. (Photo: ANI)

Technology

BMW to launch 25 new EVs by 2023

The company will be releasing its next full EV, the iX3 SUV, in 2020.

26 Jun 2019 7:52 AM IST

The Directorate General of Safeguards (DGS) has slapped a profiteering notice on Jubilant FoodWorks for allegedly not passing on GST rate cut benefit to consumers at its Dominos Pizza outlets.

Business

Sitharaman-led GST Council meet to decide on tax cut on e-vehicles,...

To push for manufacturing electric vehicles, the Council will consider slashing GST rates to 5 pc from 12 pc, an...

20 Jun 2019 6:49 PM IST

Electric cars and electric scooters on display at Happy Cities Summit here are grabbing the eyeballs of scores of visitors.

Business

India plans to exempt electric vehicles from registration fee

Proposed exemption will apply to all categories of electronic vehicles, including scooters, motorbikes, autorickshaws...

20 Jun 2019 10:10 AM IST

The power ministry has categorised charging batteries of electric vehicles as a service, a move which will help such stations operate without licence and encourage the use of e-vehicles.

Business

Auto component industry seeks stable road map for EV transition

Govt should adopt a pragmatic approach to create a stable and long-term road map for a transition to EVs, said industry...

11 Jun 2019 6:37 PM IST

The electric two-wheeler segment has already demonstrated its potential in FY12, when it clocked sales of 90,000 units.

Business

Two-wheeler makers term EV switchover by 2025 as 'impractical'

Comments come in response to some media reports that government was considering a proposal to ban sale of ICE vehicles.

10 Jun 2019 4:46 PM IST

$Effective September 1, motor vehicle owners would be able to buy a standalone annual \own damage\ cover. This will be applicable for cars and two-wheelers, both old and new, insurance regulator IRDAI said.$ Business

Registration of vehicles to pinch

The government on Friday proposed amendments to the motor vehicle norms to allow scrapping of vehicles older than 15...

30 July 2019 1:21 AM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Business

Boost for electric vehicles, GST cut to 5 from 12 per cent

The GST rate on all EVs has been reduced from 12 per cent to 5 per cent.

28 July 2019 6:29 AM IST

In a move to encourage domestic manufacturing of e-vehicles, the Goods and Services Tax (GST) Council is likely to decide on lowering tax rates for electric vehicles soon.

Business

GST cut on e-vehicles likely

The GST rate for petrol and diesel cars and hybrid vehicles is already at the highest bracket of 28 per cent plus cess.

22 July 2019 7:38 AM IST

Oil minister Dharmendra Pradhan on Sunday inaugurated Pradhan Mantri Ujjwala Yojana here on Sunday.

Business

No plan to completely ban petrol and diesel vehicles: Dharmendra...

NITI Aayog has reportedly proposed that after 2030, only electric vehicles should be sold in India.

17 July 2019 12:39 PM IST

Opinion

Give more time for switch to electric vehicles

The tax incentive proposals for EVs contained in the Budget were not that substantive as to see customers queue up.

14 July 2019 12:02 AM IST

Hero MotoCorp, the countrys largest two-wheeler manufacturer, on Monday launched two new scooters ,called the Maestro Edge 125 and the Pleasure Plus 110, with starting prices of Rs 58,500 and Rs 47,300, respectively.

Business

Hero MotoCorp revamps leadership team; appoints Vikram Kasbekar as CTO

Kasbekar replaces Markus Braunsperger, who is relocating to Europe after completion of his five-year tenure in the...

9 July 2019 2:37 PM IST