Daimler India Commercial Vehicles (DICV), the wholly-owned subsidiary of Daimler Truck AG (“Daimler Truck”) announced that in CY2023 it has achieved record sales and revenue performance. The company’s CY2023 domestic truck and bus sales grew by 39% and revenue grew by 21% over 2022. DICV’s bus volumes doubled in CY2023, growing 107% over 2022. Its cumulative sales (including domestic and[Read More…]
Price-sensitive liquefied natural gas buyers from China, India, and parts of Southeast Asia are snapping up more spot shipments of the fuel to power industries and generate electricity after prices have fallen to the lowest level in nearly three years. The price-led demand revival could push LNG imports by the world’s top buyer China beyond its record volume of 78.8[Read More…]
To bring Bihar on India’s oil map, Oil and Natural Gas Corp (ONGC) is planning to explore oil and gas in the land-locked state. ONGC plans to drill two wells in the state, of which the first is scheduled this year itself. If successful, this could bring Bihar not only on India’s oil map but also pave the way[Read More…]
This Holi, Zomato’s Blinkit and Swiggy’s Instamart saw a remarkable surge in business as Indians turned to quick commerce platforms for their festive needs, including colours, water guns, and flowers. Blinkit’s founder, Albinder Dhindsa, revealed that they hit record-high orders and OPM, showcasing heightened activity on the platform. Instamart reported a fivefold increase in flower sales compared to last year,[Read More…]
Pace Setter ZF Drives Forward Change with Innovative and Flexibile Implementation 
SIAM Deliberates on Policy Reforms for Automotive Taxation 
Refurbishing Industry Is Bouncing Back 
Decarbonisation and Digitalisation 
