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BMW recalls 49K Motorcycles

India Infoline News Service | Mumbai | March 30, 2015 17:21 IST

The auto company initiated the recall covering several models produced between 2005 and 2011 after finding that the rear wheel can loosen.

Ashok Leyland to divest entire stake in Avia Ashok Leyland Motors

India Infoline News Service | Mumbai | March 30, 2015 17:03 IST

The Company has also divested 48.5% equity stake held in Ashok Leyland Wind Energy Limited (ALWEL), consequent to which, the shareholding of the Company in ALWEL has come down from 60% to 11.5%.

Block deal on Apollo Tyres; up 3.2%

India Infoline News Service | Mumbai | March 30, 2015 14:41 IST

Around 9 lakh shares were traded in a single block at Rs. 163.95 on the NSE.

Amara Raja slips 1% on bulk deal

India Infoline News Service | Mumbai | March 30, 2015 11:12 IST

Around 4.50 lakh shares were traded in a single block at Rs. 812 on the NSE.

Hyundai Last Ball handover ceremony for ICC Cricket World Cup 2015

India Infoline News Service | Mumbai | March 30, 2015 09:03 IST

Hyundai Motor India Limited (HMIL), a subsidiary of HMC, the worlds fastest-growing automaker by brand and the official partner for International Cricket Council (ICC) handed over the Last Ball for the ICC Cricket World Cup 2015.

Driving incentives! Uber and Ola modify their incentive models

India Infoline News Service | Mumbai | March 30, 2015 08:51 IST

Uber was losing at least Rs. 500 per ride on an average, and Ola about Rs. 420 per ride, including the incentives to passengers.

Delta from Domestic! Street underestimating the value of Tata Motors?

India Infoline News Service | Mumbai | March 30, 2015 08:35 IST

The street is underestimating the value of Tata Motors domestic business, says a report by Jeffries. As troubled as the business is today, the signs of turnaround are visible, the extent of margin improvement significant and contribution to overall value material. Recently announced equity issuance is long overdue and welcome in the interest of risk mitigation. Maintain Buy, the brokerage stated in a note with a price target slightly raised to Rs. 669 from earlier Rs. 659.

Driverless cars poised to transform automotive industry

India Infoline News Service | Mumbai | March 29, 2015 21:44 IST

The F 015 'Luxury in Motion' concept car unveiled at the Consumer Electronics Show in Las Vegas earlier this year is completely self-driving but still has a steering wheel and brake if you want to swivel around and drive it manually.

Bosch to hire 3,200 engineers to meet rising software requirement

India Infoline News Service | Mumbai | March 28, 2015 12:10 IST

"There is a need to hire more associates for software design and development and the company is currently doing the same", said Christoph Kbel, Director of industrial relations, Robert Bosch GmbH.

Arvind Sethi storms into MercedesTrophy World Final along with Sandeep Garg and Anuj Khera

India Infoline News Service | Mumbai | March 28, 2015 08:15 IST

These winners will now go on to compete at the Mercedes Trophy World Final at Stuttgart, Germany in Oct where they will compete against winners from 600 tournaments played in 60 countries across the world.

The Week That Was

India Infoline News Service | Mumbai | March 27, 2015 18:23 IST

The Indian equity market extended its losing streak for the third consecutive week even though Friday saw some sanity being restored in the market. The Nifty has now plunged over 8.5% while the Bank Nifty has corrected over 15% in the past three weeks.

Automobile Newsletter - March 23 to 27, 2015

India Infoline News Service | Mumbai | March 27, 2015 15:32 IST

With fresh launches from Bajaj Auto and Mercedes, coupled with the approval of Rs. 7500 crore Rights issue from the board of directors of Tata Motors, the week saw a flurry of activities in the automobile sector.

Urja Energy Systems raises $1,00,000 via angel funding

India Infoline News Service | Mumbai | March 27, 2015 14:42 IST

The three-year old clean technology company makes multi-fuel gasifiers that work with a variety of agrowastes to generate high quality producer gas, which can replace fossil fuels used today for heating in industries.

Honda 2 Wheelers annual production capacity to reach 6.4 million by 2016

India Infoline News Service | Mumbai | March 27, 2015 11:12 IST

Honda 2 Wheelers third two-wheeler production plant is located at Narsapura area in the southern state of Karnataka near Bengaluru.

Ford launches new manufacturing and engine plant in Sanand

India Infoline News Service | Mumbai | March 27, 2015 10:41 IST

US $1billion state-of-the-art Sanand Vehicle Assembly and Engine Plant officially opens; Doubles annual installed capacity in India to 610,000 engines & 440,000 vehicles

M&M slips 1% on block deal

India Infoline News Service | Mumbai | March 27, 2015 10:20 IST

Around 7.5 lakh shares were traded in a multiple block at Rs. 261-261.15 on the NSE and BSE.

Mercedes unveils E-Class Cabriolet and CLS 250 CDI Coupe

India Infoline News Service | Mumbai | March 27, 2015 07:02 IST

Mercedes-Benz, a german luxury car producer has introduced its two new models E-Class Cabriolet and CLS 250 CDI Coupe. The model's diesel engine will be priced at Rs 78.50 lakh and Rs 76.50 lakh.

TVS Motor closes after 2.7% rally

India Infoline News Service | Mumbai | March 26, 2015 16:07 IST

The stock has gained after foreign brokerage house Goldman Sachs reiterated its buy ratings on the stock with target price of Rs. 345.

Bajaj unveils Pulsar RS200 priced at Rs. 1.18 lakh

India Infoline News Service | Mumbai | March 26, 2015 14:21 IST

Bajaj claims that RS200 is the fastest Pulsar-ever and packs in a bunch of features that makes it exciting to the consumers.

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