Author Archives: Loknath Das

Future Group fires 400 employees to scale down e-comm venture

Mass layoffs in India are no longer limited to only the information technology and automobile sectors, as witnessed last year. In the past couple of months, Indian companies and startups have been shedding jobs to balance their mounting financial stress. The massive layoffs are happening across segments, and this time the new-age startups are in the lead. And the list ... Read More »

Passenger vehicle sales remain tepid in December 2019

The year 2019 is over and out, and the following is what the last month of the year had to show in terms of sales, as passenger vehicle (PV) manufacturers rejigged production schedules and inventory levels to get ahead of the BS6 mandate from April 2020. Manufacturers in India report despatches to dealers as sales numbers. An analysis of 10 ... Read More »

Top 10 Bike Reviews Of 2019

As 2019 comes to an end, we take a look back at the best bike reviews of the year. This list isn’t necessarily of the best all-round products, or the best value-for-money bikes, but a list of some of the bikes which left a lasting impression, and we enjoyed reviewing the most. From entry-level street bikes, dual-sport adventure bikes, to ... Read More »

New car safety norms in India: Timeline explained

The safety norms are not only aimed at protecting vehicle occupants but also the pedestrians. In line with this all the car models will conform to pedestrian safety norms from this October. Representative Image | Image credit: Bosch Indian carmakers, since a long time, have put safety on the back burner in a bid to reduce vehicle cost and garner ... Read More »

New car launches in January 2020: Hyundai Aura, Tata Altroz, Audi Q8 & more

The Indian automobile sector experienced torrid times in 2019 with sales of the major carmakers plunging month-after-month. Still, the year saw some very prominent new introductions like Hyundai Venue, Kia Seltos, MG Hector, Tata Harrier, Renault Triber and Maruti Suzuki S-Presso. Switch to 2020 and the year seems to be beginning on the perfect note with several exciting launches set ... Read More »

The Little Michigan Auto Show That Filled A Major Void

Sharing a suburban Detroit exhibition hall with a bridal show and automotive swap meet, more than 200 cars and trucks, and a few motor cycles were on display this past weekend to fill an unfamiliar void. January has always been the month the giant North American International Auto Show (NAIAS)has been staged in downtown Detroit, where automakers unveil important new ... Read More »

Future gains prompt traders to hold cardamom stock

With cardamom arrivals continuing to remain  robust, there are reports of stock being held back in anticipation of future gains. Traders raised the suspicion that other than farmers, stockists, speculators, commodity brokers as well as a few traders are holding stock expecting better prices in the lean months of January, February and March. This is one reason for the heavy ... Read More »

Future Retail to raise up to $500 million through dollar bonds

Mumbai: Kishore Biyani’s Future Retail Ltd on Saturday said that its board has approved a fundraising plan to raise up to $500 million through dollar denominated bonds, the company said in a filing with stock exchanges. “Further to the decision taken in the Board meeting held on 12th October, 2019, the Board has reconsidered the various funding options for the acquisition of the ... Read More »

12 new Tata cars coming in the next 4 years

Tata Motors’ new Altroz isn’t merely its first premium hatchback, it also boasts another first – one that is even more significant in the grander scheme of things – it is the first car off Tata’s all-new ALFA platform. Designed and engineered to deliver global levels of flexibility and local levels of cost-competitiveness, the new platform started out life as ... Read More »

New car launches in India in January 2020

The year 2020 is set to kick-start on a high note with five big product launches in India in January. This includes two electric SUVs – Tata Nexon EV and MG ZS EV, along with Hyundai Aura, Tata Altroz and the premium SUV, the Audi Q8. Read below to learn more about the new car launches in January 2020. Tata Altroz Tata Motors will launch the Altroz premium hatchback in ... Read More »