Tweet The Centre is said to have rejected the Delhi Government’s plans to upgrade the capital city’s public transport system by refusing a demand for Rs.4000 crore funding to purchase 5000 additional buses. The need for new buses was felt on the back of the odd-even scheme the Delhi Government experimented with in January 2016. The Government seems keen to[Read More…]

Tweet Tata Motors has signed a strategic agreement with Bharat Forge Ltd and General Dynamics Land Systems (GDLS) of the USA, for the Indian Ministry of Defence’s prestigious Future Infantry Combat Vehicle (FICV) program. Bharat Forge comes on board as a partner, and GDLS is claimed to bring in it’s experience in combat vehicle platforms. Tata Motors is hopeful of[Read More…]

Tweet Delhi’s first electric bus has gone on trial. It was flagged off by the Delhi transport minister Gopal Rai, and is expected to make 10 round trips connecting Delhi Secretariat to Central Secretariat every day. Claimed to operate solely on electricty, the bus is said to have been built by BYD, which has entered into a JV with an[Read More…]

Tweet Ashok Leyland’s efforts to cut the flab continue. It is said to be looking at wrapping up 20 of its 27 joint ventures, including joint venture Ashley Alteams India with Alteams OY of Finland; Leyland Deere joint venture with John Deere Construction Equipment; Automotive Infrotronics joint venture with Siemens, and Ashley Airways. The company is also said to have[Read More…]