Tag Archives: in

VW launches Das WeltAuto used car business in India

Volkswagen has launched its pre-owned car business ‘Das WeltAuto’ (DWA) in India, the company announced. The DWA facilities offer buying and selling of multi-brand pre-owned cars. The company also said that DWA isn’t restricted to customers looking to exchange their existing cars for a new Volkswagen. The cars will be thoroughly checked and certified along with offering accessories, service and ... Read More »

Used-car dealer accused of gouging in $45 million of masks

A used-car dealer accused of trying to get New York City to pay a 400% markup on millions of respirator masks he didn’t actually have has become the latest target of a federal crackdown on pandemic profiteering. Ronald Romano, 58, of Manalapan, New Jersey, tried to charge city officials more than $45 million for the masks, falsely claiming he was ... Read More »

No full strength physical hearings in near future: Bombay HC

The Bombay High Court on Monday said it will not conduct full strength in-court hearings in near future in view of Covid-19 outbreak and lockdown restrictions. Chief Justice Dipankar Datta held a meeting on Monday to review the situation in view of the extended lockdown, along with three senior most judges forming the administrative committee of the HC, Advocate General ... Read More »

Skoda Auto India manufactured no models in March 2020: Could affect new car deliveries

In March 2020, Skoda Auto India manufactured no models. Skoda India has a manufacturing facility located on the outskirts of Aurangabad, Maharashtra. The plant has an annual capacity to manufacture 89,000 units. In the last month of the 2019-20 financial year, the manufacturing facility produced no vehicles in the time. Before this, in January 2020, production for Skoda stood at ... Read More »

Jyotiraditya Scindia’s break with the Congress and his future in the BJP

March 9, 2020 will be remembered as the day of one of the most massive shake-ups in the recent history of Indian politics. Four-time Member of Parliament, a former union minister and a personal friend of the Gandhi siblings, Jyotiraditya Scindia resigned from the Congress. Though there had been talk of Jyotiraditya Scindia joining the BJP for the past six ... Read More »

Future of Work 2020: Industry leaders believe regulators offer opportunities in fintech

On the second day of YourStory’s tech, product, and design conference, Future of Work 2020, three leaders from the Indian startup ecosystem — Chetty Arun, Sidharth, and Dharmesh BA came together to discuss ‘Designing for fintech.’  The trio discussed the regulatory framework and trends in the fintech space, and the limitations of traditional banks. Dharmesh, Sidharth, and BA Chetty Arun (L-R) Regulations as opportunities Five or six years ago, regulators were ... Read More »

Hero Motocorp aims to become ‘future of mobility’, invests ₹10,000 crore in R&D

Jaipur: Hero Motocorp will invest ₹10,000 crore in research and development (R&D) in the next 5-7 years, Pawan Munjal, Chairman and Managing Director said on Tuesday. Munjal also announced the new vision and mission of Hero Motocorp called ‘ Be the future of mobility’. Speaking at Hero World 2020 at the company’s Centre for Inovation and Technology, Munjal said the ₹10,000 crore investment in ... Read More »

Deloitte optimistic about India’s future, to create 75,000 jobs in 3 years: CEO Punit Renjen

New Delhi: Expressing optimism in the Indian market, Deloitte Global CEO Punit Renjen on Monday said the company is committed to creating 75,000 jobs in the country in three years. Tweeting a photograph of his meeting last week with Prime Minister Narendra Modi, Renjen on Monday said he remains optimistic about India’s future. “I remain optimistic about #India’s future after meeting ... Read More »

Urus to drive future growth of Lamborghini in India

Italian super sports car maker Lamborghini expects its premium luxury SUV Urus to drive future growth in India with the model accounting for 50 percent of its sales in the country, a senior company official said. The company, which delivered its 50th Urus in India last year, has an eight-month waiting period on the model at present. “Urus is playing ... 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 »