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Spurred by robust used car sales, Cars24 to expand its network in India

Bengaluru: On the back of buoyant sales of used cars in India, Gurugram-headquartered tech-enabled used car company Cars24 is investing heavily on growing its presence across the country, and on improving its back-end technology, according to a top company official. Gajendra Jangid, co-founder and chief marketing officer of Cars24, in an interview to Mint, said that the company sells 13,500 cars ... Read More »

Excess surcharge paid by FPIs to be adjusted in future tax payments

Foreign portfolio investors (FPIs), who have been paying higher surcharge in the past two months on remittance of gains in the form of advance tax, will pay less going forward. The payment of tax will reduce to the extent of excess surcharge paid by the FPIs in the past, said experts. The higher tax paid would depend on the quantum of ... Read More »

AMW CFMoto To Launch 400 cc Bikes In India By 2020

Globally, CFMoto currently offers two motorcycles in this space – 400NK and 400GT AMW CFMoto, the newly entered Indo-Chinese two-wheeler brand and announced that its next product for the Indian market will be a 400 cc motorcycle. The company, which recently commenced its India operations with four new motorcycles – 300NK, 650NK, 650MT and 650GT, has said that as soon as the Bharat Stage VI ... Read More »

New Car Registrations Down By 4.6%, Two-Wheelers By 5% In June 2019: FADA

Uttar Pradesh had the highest vehicle registrations last month at 2,93,905 units The Federation of Automobile Dealers Associations (FADA) today released the Monthly Vehicle Registration Data for the Month of June 2019. According to the FADA report, last month, the total Vehicle Registrations fall 5.4 per cent. This includes a drop of 4.6 per cent in passenger vehicle sales, and ... Read More »

Future Of Medicine – Powered By Cloud

As the name suggests, with the help of this cloud technology a patient just needs to share the health concerns with the technology system and if need be, health insurance details as well. On receiving these details, a physician will contact you in real-time and share prescriptions. You can order medicines online, pay online as well,and receive the medicines at ... Read More »

Used car market size can be ₹50, 000 crore by 2022: Mahindra First Choice

The size of India’s pre-owned or second-hand car market could be between 6.7 million units and 7.2 million units by 2022, with the value of the segment pegged at ₹50,000 crore, according to a sector outlook released by Mahindra First Choice Wheels Ltd, the pre-used car business of Mahindra and Mahindra Ltd. According to the report, the share of organized retail ... Read More »

Hyundai Group to bring a new electric-car platform for B and C segment by 2021

NEW DELHI: South Korean carmaker Hyundai Group is planning to bring a new electric-car platform for the B and C segment by 2021, reports global automobile news website. “A new platform dedicated to electric vehicles is about two years away. It will probably focus on B and C-segment [small and medium-sized] cars.” the report said quoting a source. According to the report, the ... Read More »

January new car registrations in Poland boosted by companies

Poland: Poland’s new car registrations rose by 0.58 percent year on year to 51,335 in January, helped by strong activity from companies buying vehicles for business use, the Samar research institute said on Tuesday. Registrations were also boosted by the sale of cars from the previous year which is normal for this time of year, Samar said. Registrations fell, however, by 1.98 ... Read More »

New Maruti Suzuki Ertiga Review: Full Review by Kranti Sambhav

Maruti Suzuki Ertiga Review, ratings and on-road price in India. Read our expert review on Times Drive before you decide to buy Maruti Suzuki Ertiga know its specs, features, mileage and price in India. New Maruti Suzuki Ertiga Review The all-new Maruti Suzuki Ertiga is easily among the biggest launches in recent times. First launched in India in 2012, the ... Read More »

Maruti Suzuki aims to stop producing BSIV models by Dec 2019

Maruti Suzuki plans to stop producing BSIV vehicles by the end of 2019. While there might be a few deliveries post Dec 2019, but that would depend if the vehicle can be registered before 31st March 2020. But largely production of BSIV vehicles will come to a halt by Dec 2019. Also according to Maruti, the BSVI diesels will also ... Read More »