Arshad Khan

Xiaomi, 8 other Chinese firms face US ban just days before Trump exit

Just days before exiting the White House, the Trump Administration on Friday added nine Chinese firms, including smartphone giant Xiaomi, to its list of blacklisted companies.

16 Jan 2021

2021 will see EVs disrupt 2W segment: Hero Electric

The company expects substantial growth this fiscal year and is confident of doubling its current volumes by FY2022. 

02 Jan 2021

Ford, M&M call off planned joint venture

Auto majors call off deal citing changes in economic and business conditions triggered by the Covid-19 pandemic

02 Jan 2021

Air India on mind, Tatas take full control of AirAsia India

Malaysian airline AirAsia Group Berhad has decided to sell 32.67% of its shares in Air- Asia India to its Indian partner and majority shareholder Tata Sons for $37.7 million.

30 Dec 2020

India playing key role in designing new Facebook products

The largest communities for Facebook and WhatsApp are in India and Instagram is getting there.

16 Dec 2020

November car sales rise; semi-conductor shortage likely to hit firms

Going ahead, however, the shortage of semi-conductors is likely to impact supply chains and, subsequently, the production capacity of automakers.

12 Dec 2020

Retail vehicle sales dip 19 per cent in November led by two-wheelers: FADA

Commercial vehicle and three-wheeler sales declined by 31.22 per cent (50,113) and 65 per cent (24,185) year-on-year.

09 Dec 2020

Govt caps cab aggregators’ commission at 20%

Typically, cab operators follow a dynamic pricing model wherein price of a ride automatically rises when demand outstrips supply within a fixed geographic area.

28 Nov 2020

India blocks another 43 Chinese apps including Alibaba Group's AliExpress

In the third such list since June, GoI ban extended to several Alibaba Group apps

25 Nov 2020

Maruti Suzuki sells over 2 lakh vehicles between Navratri and Dhanteras, maintains market share

India’s largest carmaker Maruti Suzuki India sold around 2.34 lakh vehicles between the beginning of Navratri and the end of Diwali.

22 Nov 2020

New-age electric vehicle companies expect market to boom in two-three years

According to Uday Narang, chairman of Anglian Omega Group, the amount of money invested in the EV ecosystem is huge.

22 Nov 2020

Tata Motors, Hyundai record sharp surge in festival season demand 

Two of India’s leading carmakers, Tata Motors and Hyundai India (HMIL), on Tuesday said that they have witnessed strong growth in sales during the recently concluded festive season. 

18 Nov 2020

Realty sector welcomes relief measures, expects unsold inventory to start falling

Among the measures is a relaxation in income tax norms on the sale of residential units priced up to Rs 2 crore below prevailing circle rates.

13 Nov 2020

Retail sales of two-wheelers down by whopping 27% in October over previous year

"As we enter the last leg of festivals and with COVID-19 getting into its 3rd wave in many cities, there is a sense of cautiousness amongst customers," Fada said

09 Nov 2020

E-bike market to reach 2 lakh units within three years

From achieving sales of just 6,500 units in FY 2019-20, the market for e-bikes in India is likely to grow to as much as 2 lakh units in the next three years, according to GoZero Mobility.

08 Nov 2020