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Uninsured trucks?

Uninsured trucks?

With the road freight (transport) fraternity receiving no response for its demands to extend the renewal of third-party insurance and toll tax holiday, the likelihood of uninsured trucks on the road is expected to rise. With transporters finding it tough to sustain in the absence of any financial relief coming its way, the challenge of uninsured trucks hitting the road[Read More…]

by May 29, 2020 News
A good year for Apollo Tyres

A good year for Apollo Tyres

Announcing in late April that it has partially resumed operations at its Perambra plant in Kerala, Apollo Tyres closed FY 2019-20 with Rs.16096 crores worth of sales. It reported a net profit of Rs.476 crores. Recording Rs.3551 crores worth of net sales for the fourth quarter, and Rs.78 crore worth of net profit for the same period, the India tyre[Read More…]

by May 29, 2020 News
EGI launches motor OD insurance cover

EGI launches motor OD insurance cover

Edelweiss General Insurance (EGI) has launched a usage-based motor OD floater policy called Edelweiss SWITCH. It is app-based and driver-centric. Under IRDAI’s regulatory sandbox, the policy offers a special feature of switching it on and off as per the usage. Capable of covering multiple vehicles, it calculates insurance based on the age and experience of the driver. Using a pay-as-you-use[Read More…]

by May 29, 2020 News
KSRTC buses re-modelled mobile clinics

KSRTC buses re-modelled mobile clinics

Karnataka has pressed KSRTC buses as mobile fever clinics for COVID-19 testing. These are developed by re-modelling KSRTC buses, and are being used to conduct blood and protein count tests as well. Containing a doctor, three nurses and a lab technician, the mobile clinics measure five in numbers. One of the five vehicles has been provided to the office of[Read More…]

by May 29, 2020 News