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S3 Cabs launched in Mumbai

S3 Cabs launched in Mumbai

A new cab aggregator has begun service in Mumbai. Promoted by Bharat Freight Group, the new cab aggregator, Sahyadri Smart Safe Private Ltd (S3 Cabs), is offering cab-hailing service across categories in ‘mini’, ‘sedan’, ‘SUV’, ‘package’ and ‘outstation’. With no ride sharing services as part of the portfolio, the company will charge a base fare of Rs.16, Rs.18 and Rs.20[Read More…]

by June 25, 2018 News

Stress in CV loans growing

India Ratings and Research (Ind-Ra) early delinquency index for CV loans measured by weighted average (WA) of over 30 days past due rose to 7.89 per cent in February 2018 in comparison to 6.87 per cent in February 2017. According to Ind-Ra sources, this was triggered by demonetisation, implementation of GST, migration to BSIV and tightening of overloading norms. Affecting[Read More…]

by June 25, 2018 News
OTR radials from Alliance

OTR radials from Alliance

The Alliance Tire Group (ATG) has announced the introduction of a radial OTR tyre range under the ‘Galaxy’ brand. Aimed at heavy duty operations, the radial OTR range, according to the company sources, offers superior performance. Flaunting sturdy construction with customised tread designs, stability and optimal traction, minimum heat build-up, carcass protection and superior cut resistance, durability and reduced downtime,[Read More…]

by June 25, 2018 News

Precision Camshafts acquires Emoss

Precision Camshafts has acquired Emoss Mobile Systems of Netherlands. With a visibility to scale up business five times in four years, the acquisition would pave the way for Emoss to foray in the electric mobility space. With Emoss specialising in electric powertrains, Precision Camshafts, will get access to electrical mobility markets in Europe, North America and Australia. Apart from the[Read More…]

by June 24, 2018 News