The Delhi Transport Corporation (DTC) is soon expected to be left with 3775 buses, claim industry sources. They add that this number is much less than the 11,000 buses as per a government affidavit submitted to the court. According to the sources, the state bus agency has 4,150 buses, of which 300-400 are standard-floor buses, which will be scrapped in[Read More…]
Mahindra has announced that the United States Postal Service (USPS) has selected it to deliver NGDV prototype vehicles for testing as the result of a competitive Request for Proposal (RFP) issued in October 2015. Mahindra is one of the six vehicle manufacturers USPS has selected to produce prototypes for testing and evaluation. Each manufacturer will have approximately one year to[Read More…]
Uber Technologies Inc. is planning to launch services for buses and mini-vans under a new service named Uber Everything. Uber Everything aims at offerring rides that ferry people from Point A to Point B. Claimed to be similar to UberHop, the service is known to be currently under pilot operation in several markets. Uber is also claimed to be working[Read More…]
Industrial production contracted in August 2016. The Index of Industrial Production (IIP) fell by 0.7 per cent in August, compared to a decline of 2.5 per cent in July, according to data from the Central Statistics Office. The IIP contracted by 0.3 per cent in April-August 2016, first five months of this financial year, versus growth of 4.1 per cent[Read More…]
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