Prajakta Chavan Rane Mumbai After witnessing a slight dip in the first half of the October month, the auto sales attained double-digit month-on-month (MoM) growth as the festivities began. The first half of October 23 saw a slowdown in auto sales owing to the ‘Shraddh period’ considered inauspicious to make any new purchase or investment. However, with the commencement of[Read More…]

  Volvo Construction Equipment (CE) India’s Managing Director (MD) Dimitrov Krishnan has been announced as Equipment India Person of the Year. The coveted award was unanimously bestowed to Dimitrov Krishnan by the Jury Panel for his outstanding contributions to the industry, which have not only propelled his organisation but have also had a positive impact on the industry as a[Read More…]

  In a bid to improve the last-mile connectivity of Delhi commuters, the state transport department has introduced a passenger-friendly app in association with international agencies and private entities.  The app was developed by Panasonic India Innovation Centre (IIC) in association with the New Energy and Industrial Technology Development Organization (NEDO), the Transport Department, Delhi Metro Rail Corporation (DMRC), the[Read More…]

  Tata Motors and Freight Commerce Solutions Private Limited (‘Freight Tiger’) has signed a Securities Subscription Agreement (SSA) and a Shareholders Agreement (SHA) for the acquisition of a 26.79% stake in ‘Freight Tiger’ for a consideration of Rs 150 Crores. The SSA also includes a provision enabling Tata Motors to further invest Rs 100 Crores over the next two years,[Read More…]