Other News

E-commerce platform for petroleum products?

In a bid to leverage information technology, the Government is planning to bring all petroleum products together on an e-commerce platform, claim industry sources. They draw attention to a recent statement made by oil minister Dharmendra Pradhan. Addressing the India Mobile Congress event at Delhi, the minister is known to have said that there is a need to leverage the[Read More…]

by October 25, 2017 News

World Bank and ADB funds for e-buses

India is seeking funds from World Bank and the Asian Development Bank (ADB) to procure electric buses in a bid to fuel its electric mobility plan. This, claim industry sources, was revealed by the union minister of road, transport and highways, Nitin Gadkari. Stating that the e-buses procured will be given to state road transport corporations, sources claim that the[Read More…]

by October 25, 2017 News

Mahindra acquires Erkunt Traktor

With the acquisition of Erkunt Traktor Sanayii A.S. (Erkunt) and its foundry, Mahindra & Mahindra Ltd.(M&M) has increased its reach into the Turkish market. M&M’s association with Erkunt follows the Hisarlar acquisition in early 2017. Erkunt is the fourth largest tractor brand in Turkey, which is estimated to amount to 60,000 tractors per year. Claimed to be USD 1.7 billion[Read More…]

by October 25, 2017 News

Reforming transport sector

Chairing a meeting of the Transport Development Council (TDC), in Vadodara, union minister for road transport and highways, Nitin Gadkari, is known to have asked transport ministers of states to submit suggestions on tax and permit issues. Asserting that the people are willing to accept change, Gadkari has called for improved standards of buses plying in their respective states besides[Read More…]

by October 25, 2017 News