To increase financial flexibility ZF Group is selling a 7.5 percent stake of its holding in ZF Commercial Vehicle Control Systems India Limited. ZF Group the automotive supplier, has sold a 7.5% stake in its Indian subsidiary, ZF Commercial Vehicle Control Systems India Limited. The sale of 1,425,000 shares to institutional investors aims to increase ZF Group’s liquidity and financial[Read More…]
Maharashtra Chief Minister Eknath Shinde announced the creation of a new corporation dedicated to the welfare of autorickshaw and taxi drivers and owners. This initiative aims to provide insurance and gratuity benefits to this group. During his address, Shinde introduced the Maharashtra Autorickshaw and Taxi Drivers Owners Welfare Corporation. This body will extend financial aid and gratuity benefits to all[Read More…]
Tata Motors announced that it will increase the price of its commercial vehicles effective 1st July 2024, up to 2%. The price increase is to offset the impact of rising commodity prices. It will be applicable across the entire range of commercial vehicles and will vary as per individual model and variant.
Scheduled from 11-12 July 2024 at NDMC Convention Centre, New Delhi, the upcoming 8th edition of NGV India Summit organised by Messe Frankfurt Trade Fairs India will focus on the theme of ‘Navigating India’s Clean Mobility Transition’ by discussing the environmental impact caused by conventional vehicles vis-a-vis India’s steadfast approach in steadily adopting the natural gas vehicles. Moving progressively towards its net-zero target by 2070, multiple challenges disguised[Read More…]
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