News

NHAI bans overloaded vehicles on Pune-Solapur highway

The National Highways Authority of India (NHAI) has banned overloaded vehicles on the Pune- Solapur highway. This is in view of the damage to road infrastructure the overloaded trucks are inflicting. This is resulting in heavy maintenance costs, and is claimed to be a major contributor to road accidents and pollution. The ban, claim sources, will be implemented through specially[Read More…]

by October 27, 2016 News
Taxi aggregators to register under GST?

Taxi aggregators to register under GST?

The government is known to have come out with a comprehensive document on taxation rules and procedures for various sectors, including the taxi aggregators under the Goods and Services Tax (GST). Over 500 questions compiled in the form of Frequently Asked Questions (FAQ), the Central Board of Exise and Customs (CBEC) is known to have covered registration, valuation and payment,[Read More…]

by October 27, 2016 News

VW truck division looks at Indian market

Volkswagen’s (VW) truck division is looking at expanding truck operations in Asia. The strategy is said to be engineered such that the MAN and Scania group arms are aligned closely enough to strongly compete with competitors like Daimler and Volvo. The move is claimed by industry sources to be connected with yet another development, that of the acquisition of US[Read More…]

by October 27, 2016 News

Ashok Leyland and Nissan renew ties?

After severing ties by exiting the joint ventures established few years ago, Ashok Leyland and Nissan are said to be renewing ties. They are claimed to be in the process of signing a new restructuring agreement, which will enable both companies to enter into a new phase of business interaction. As per the new agreement, Nissan would agree to sell[Read More…]

by October 27, 2016 News