Tag Archives: in

UK: New car market down 6.7 percent in October

Demand for new cars in the United Kingdom fell 6.7 percent last month, the automotive industry said. Some 10,348 fewer cars were registered in October than during the same month in 2018, according to the Society of Motor Manufacturers and Traders (SMMT). The figure reflects a tough environment for businesses and consumers as economic and political uncertainty continue to hit confidence, the ... Read More »

City of the Future Explores the Future of Mobility in Cities

City of the Future is a bi-weekly podcast from Sidewalk Labs that explores ideas and innovations that will transform cities. In the third episode from season 2, hosts Eric Jaffe and Vanessa Quirk discuss the future of mobility in cities and share ideas that would make it way easier to get around without owning a car. In the podcast, author Horace Dediu talks ... Read More »

Tesla’s service and used car revenue is growing, but can’t make up for a plunge in US vehicle sales

While Tesla’s overall sales dropped 39% in the U.S. during the third quarter, the company is seeing robust growth on “services and other” revenue, which includes sales of used cars. Revenue in that category jumped 68% to $548 million from $326 a year earlier, according to Tesla’s latest financial filing. Over the first nine months of 2019, it grew 91% to $1.65 ... Read More »

India vs Bangladesh: BCCI to factor in smog for future ties

Bangladesh’s Mushfiqur Rahim during a practice session ahead of their first T20 international match against India, at Arun Jaitley Cricket Stadium, in New Delhi on Thursday.(Burhaan Kinu/HT PHOTO) The Board of Control for Cricket in India (BCCI) on Thursday confirmed that the India-Bangladesh T20 match at the Ferozeshah Kotla ground will go ahead as scheduled despite the high pollution levels ... Read More »

IPO looks uncertain right now, will explore REIT in future: Abhishek Lodha

Bengaluru: Lodha Group, known for its prominent luxury skyscrapers in south and central Mumbai, aims to become a diversified real estate player as it plans to focus on building affordable homes and a rental portfolio across asset classes like office, retail and warehousing. With its delayed initial public offering (IPO), debt levels remaining high and refinancing pressure eminent, the Mumbai-based firm ... Read More »

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 »

Prepared for Balakot-like airstrikes in future: New IAF chief RKS Bhadauria

Air Marshal Rakesh Kumar Singh Bhadauria took over as the Chief of Air Staff on Monday after Air Marshal BS Dhanoa retired from the post. Succeeding BS Dhanoa, who led the IAF during the Balakot airstrikes, RKS Bhadauria said the force is prepared for any such challenges in the future. Speaking to reporters after taking over as the IAF chief, ... 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 »

Nippon Express acquires 22% stake in Biyani’s Future Supply Chain Solutions

The transaction, valued at ₹641 crore, will be used to fund FSC’s growth plans Japan’s Nippon Express has acquired a 22 per cent stake in Kishore Biyani’s Future Supply Chain Solutions Ltd (FSC) for ₹641 crore as the logistics company looks to tap into the rapidly-growing Indian logistics market. As part of the deal, Nippon Express has bought the 14.6 per cent ... Read More »

I Went to the Future, in a Hotel Where My Butler to Bartender – Were Robots

“This is it! This is the answer. It says here that a bolt of lightning is going to strike the clock tower at precisely 10:04 pm, next Saturday night! If we could somehow harness this lightning, channel it into the flux capacitor it just might work. Next Saturday night, we’re sending you back to the future!” In Back to the Future, ... Read More »