Li's Zhejiang Geely Holding Group plans to buy a stake in Volvo AB from activist investor Cevian Capital, making it the truckmaker's largest shareholder
1 min read29 Dec 2017The CAG has criticised the state-run Ordnance Factory Board (OFB) for critical deficiency in availability of ammunition to the Army since March 2013
2 min read22 Jul 2017In the past couple of years, Tata Motors, the leader in high-tonnage trucks and buses, has lost much ground to rival Ashok Leyland
3 min read5 Jun 2017Move aimed to prevent driver fatigue by fixing their work to covering a limited distance, following which the vehicle is handed over to another driver to complete transportation
3 min read25 Oct 2016The HC did not interfere with the other part of the NGT circuit bench judgement banning light and heavy diesel vehicles more than 10 years old in six cities
1 min read27 May 2016Domestic sales of its commercial and passenger vehicles, however, were flat at 38,917 units in the month
1 min read1 Nov 2015The levy will be applicable for an initial four months to see how it is implemented
3 min read10 Oct 2015All manufacturers in the value chain expect to benefit from the coal auctions and the mining sector legislation
3 min read1 May 2015The tribunal directed DPCC to shut down all the units which are carrying on business of dismantling of vehicle/machinery
1 min read16 Jul 2014M&M investing over ₹800cr to develop products with SsangYong
2 min read5 Jan 2012The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared