The Delhi Government is said to have issued a warning to cab aggregators including Ola and Uber. The government is claimed to have warned the aggregators of dire consequences if they do not roll back surcharge pricing. Surcharge pricing is levied on passengers during the peak hours of commute. Cab aggregators charge passengers a higher than base rate charge per[Read More…]
Japanese electric two-wheeler and three-wheeler manufacturer Terra Motors will export a select range of vehicles it manufactures to African markets of Ethiopia, Nigeria, Tanzania and Sudan. The company, through its wholly owned Indian subsidiary, launched the Y4Alfa e-rickshaw at a price of Rs.1.3 lakh early this year. It also announced a plan to sell 30000 units of e-rickshaws and 20000[Read More…]
Tractors and Farm Equipment (TAFE) Limited will introduce a ‘smart’ series of tractors under the Massey Ferguson brand. These will have a power output in the range of 30 to 60 hp, and have been built with inputs from farmers. Rather than explain the nature of engines the tractor series would employ, TAFE has chosen to emphasise on the range[Read More…]
Bangalore based logistics start-up, LetsTransport, is planning to expand its operations to ten new cities. Specialising in the provision of last mile logistics, the company started operations in the NCR region with focus on industrial towns. Planning to expand operations to 50 per cent of the existing small and medium logistics hubs in India, the company, claimed industry sources, is[Read More…]
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