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5 Factors to consider while buying a new car in India

Buying a car is one of the most crucial decisions that we make. From looking for the right design, model, and features to choosing the right accessories that make a car the perfect fit for you and your family- there are numerous factors that come into play. Which is the best car in the market? What is the best time to ... Read More »

We are looking beyond aluminium to create a company of the future: Nalco Chairman

National Aluminium Company Ltd (Nalco) is taking steps to secure a future beyond aluminium. In an interview to ET, the company’s chairman, TK Chand, said a special business vertical has been created to look for lithium reserves that the company can acquire. NalcoNSE 1.28 % is also venturing into production of high-end alloys for space vehicles and electric cars and will take up merchant ... Read More »

Why online brands are going offline to tap fast-growing used car market

In India for every new car sold, there are 1.3 to 1.5 used cars sold. The ratio in US is around 2.5. Armed with $110 million funding received in January, Girnar Software-owned CarDekho is building a network of 200 used car dealerships across the country. It has already set up 31 stores altogether in Delhi-NCR, Bengaluru and Jaipur. Four new ... Read More »

Budget 2019 shows govt wants you to buy electric cars and here are the five best ones coming soon to India

The 2019 Budget showed us that the government is all fired up about transforming India into a global EV manufacturing centre. Who could have imagined Finance Minister Nirmala Sitharaman announcing an additional tax benefit of Rs 1.5 lakh on the interest paid on loans taken for the purchase of electric vehicles (EVs)? But yes, this has happened. Besides, the government is also ... Read More »

Tata Motors needs to transform itself to be relevant in future mobility: N Chandrasekaran

The next few years will be decisive for Tata Motors and the company needs to transform itself to be relevant in the world of future mobility by forming partnerships, developing new solutions and optimise investment, according to Chairman N Chandrasekaran. In his address to shareholders in the company’s Annual Report for 2018-19, he also reiterated that transition to electric mobility needs to ... Read More »

Cobo struggles to find winter replacements for auto show

Only one major event so far is moving into the newly available months created by the North American International Auto Show’s move to June, but Cobo Center’s manager is optimistic. “If I’m being honest, it was a great benefit to us to have the auto show during less-attractive months with regards to weather and season,” said Claude Molinari, Cobo’s general manager. “We’re trying ... Read More »

Uber partners with Bajaj Auto to launch new category quadricycle ‘Qute’

Cab aggregator Uber has announced the launch of its new category, a quadricycle, known as Bajaj Qute on UberXS in partnership with Bajaj Auto. It is a driver plus three passenger quadricycle, which is a four-wheeled motor vehicle that is smaller and lighter than a passenger car. The UberXS is a brand-new category in the India South Asia region. The ... Read More »

Here’s why student housing to cost more in India in future

MUMBAI: The cost of education has been skyrocketing across the country. Both health-care and education tend to see double digit inflation every year. To add to the education cost, in the next couple of years you will witness a steep rise in the cost of student accommodation as well. According to real estate consultant JLL, there are nearly 37 million students pursuing higher ... Read More »

TDP at crossroads over Chandrababu Naidu’s future after huge loss to YSRCP

After losing three elections back-to-back in less than a year, former Andhra Pradesh (AP) chief minister and Telugu Desam Party (TDP) supremo might find himself at a crossroad, as his political future hangs in the balance. TDP leaders said that while his original plan was to transition power slowly to his son Nara Lokesh, Naidu did not expect the major ... Read More »

China’s used-car marketplace Uxin to raise $230M via convertible notes

Uxin,  a Chinese second-hand car dealer with Leonardo DiCaprio as its latest brand ambassador, is tipped to get a bag of new funding less than a year after it raised $225 million from its public offering on the Nasdaq. The company announced on Wednesday that it’s selling $230 million worth of convertible notes to 58.com  — China’s answer to Craigslist, Warburg Pincus, TPG and other investors. ... Read More »