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16 November, 2018 11:07 AM Volkswagen To Deposit Rs. 100 Crore With Pollution Board: Green Court

The National Green Tribunal today directed Volkswagen to deposit an interim amount of Rs. 100 crore with the Central Pollution Control Board (CPCB) in a case related to allegations against the German auto major for using 'cheat device' in emission tests of its diesel vehicles. A bench headed by NGT Chairperson Justice Adarsh Kumar Goel also formed a committee 124

15 November, 2018 8:05 AM Chinese automaker Zotye plans to sell vehicles in US in 2020

Chinese automaker Zotye Auto said it plans to start selling vehicles in the United States in 2020. Zotye said it will work with an American partner, HAAH Automotive Holdings. The companies said Wednesday the first model for the US market will be an SUV but gave no details. Zotye joins Chinese automakers that have announced ambitions to enter the US market 143

14 November, 2018 12:35 PM JSW Steel eyes distressed downstream assets

The move complements its strategy to increase share of downstream products in its portfolio JSW Steel is training its eyes on downstream assets as it looks at the next round of companies that have been referred to the insolvency courts. The move complements its strategy to increase the share of downstream products in its portfolio as it increases capacity 97

12 November, 2018 9:34 AM Bajaj to sell imported Husqvarna until local manufacturing begins

Bajaj will now introduce fully imported models of Husqvarna in India as part of its intensive brand building measure. Bajaj Auto, India’s third largest two-wheeler maker, has revised the launch plan of its iconic Husqvarna bike in India. The Pune-based maker of Pulsar and Avenger range of motorcycles will now introduce fully imported models of Husqvarna 115

12 November, 2018 6:46 AM Over 800 Maruti Suzuki Ciaz Sedans Recalled To Replace Speedometer Assembly

Maruti Suzuki has issued a recall to inspect and replace the speedometer assembly and owner's manual in Zeta and Alpha variants of Ciaz diesel cars. A total of 880 units have been affected. The 2018 Maruti Suzuki Ciaz facelift has been recalled in India to inspect and replace the speedometer assembly and owner's manual in Zeta and Alpha variants of Ciaz diesel 294

12 November, 2018 6:07 AM Hyundai's Flagship SUV To Be Called Palisade; Global Debut At The LA Auto Show

Hyundai has announced the name of its new 2020 flagship SUV. It will be called the Palisade. The new SUV name references a series of coastal cliffs and might naturally be associated by many with the Pacific Palisades in Southern California. The Palisade has been caught testing before and we've already told you about the car then. From the spy shots showcased 118

9 November, 2018 11:10 AM Skoda Kodiaq Style Variant Price Slashed By ₹ 1 Lakh

The price of the Skoda Kodiaq Style variant has come down to Rs. 33.83 lakh, a price cut of Rs. 1 lakh. This special festive price will be offered for a limited period, which will end on November 30. Skoda India has slashed the price of the entry-level Style variant of the Kodiaq SUV by ₹ 1 lakh. The flagship SUVs which was priced at ₹ 34.83 lakh will now be available 88

9 November, 2018 6:46 AM D-Street Buzz: midcap, smallcap outperform; market breadth in favours of advances

Benchmark indices are trading flat with Nifty holding above 10,600, while Sensex is up 11 points on Friday. Asian Paints, Yes Bank, Sun Pharma, Adani Ports and Maruti Suzuki are the top gainers on the Sensex. Auto stocks are trading higher with 1 percent gain led by Bajaj Auto, Bosch, Hero Motocorp, M&M, Maruti Suzuki, Tata Motors and TVS Motor 71

8 November, 2018 5:02 AM At Least 50 Injured During Diwali Celebrations In Hyderabad

Firecrackers left at least 50 people injured during Diwali celebrations in Hyderabad and outskirts, an official said on Thursday. The injured were brought to government-run Sarojini Devi Eye Hospital late Wednesday night and in the early hours of Thursday. According to doctors, at least eight of them sustained critical injuries in their eyes. The remaining 99

6 November, 2018 2:11 PM Bank of Baroda raises interest rate by 0.1%

State-owned Bank of Baroda has hiked its MCLR by 0.1 percent across various tenures effective from November 7, making home and auto loans expensive. The interest rate for different categories of borrowers are pegged at the marginal cost of funds based lending rate (MCLR). "MCLR has been reviewed at 10 BPS above existing level w.e.f. November 7, 2018," the bank said in a statement 117