To improve corporate transparency

Hyundai E&C is taking the initiative in stepping up an effort to seek compliance and ethics management and further increase transparency within the corporate culture. In his New Year’s speech, CEO Jung Soo-hyun expressed his strong will to get...

General Motors workers from Halol plant hold protest rally, seek meeting with CM

Workers of General Motors took out a rally on Friday to protest against their removal from the Halol plant of the automobile giant. Hundreds of workers walked from Mandvi to the district collector’s office and submitted a memorandum to him....

Tata Motors’ Jaguar Land Rover retail sales cross 6 lakh units for first time

Tata Motors owned Jaguar Land Rover's retail sales has exceeded 600,000 units for the first time in the company's history in the financial year ended 31 March 2017, informed the company in a Bombay Stock Exchange (BSE) filing. It has...

Self-driving taxi startup Udacity takes aim at Uber

Silicon Valley online education start-up Udacity is spinning out its school for driverless car engineers to develop self-driving taxis, taking aim at the likes of Uber Technologies Inc, the company said on Thursday. Udacity was co-founded by Sebastian Thrun, who...

Petrol and diesel prices slashed

The advent of the new financial year has brought about a good news to all the people in India. Oil companies have cut down the price of petrol and diesel by Rs. 3.77 and Rs. 2.91. The decision has...

Skoda Kodiaq is expected to launch in the festive season later this year

Skoda has begun testing its flagship SUV, the Kodiaq, on Indian streets yet again. The model is slated to launch during the festive season later this year. Skoda Kodiaq made its world premiere in September 2016 in Prague. The...

Maruti Suzuki Ciaz And Ertiga To Become Pricier After Withdrawal Of FAME Subsidy

The announcement of the Central Government of withdrawing the subsidies that have been provided to mild hybrid diesel cars under the FAME scheme has certainly been a bit of a dampener for Maruti Suzuki India. The company already has...

Apple’s Work With Bosch Hints At Pursuit Of Autonomous Technology

While Apple may not be working on its own driverless car, the tech giant has seemingly not given up the pursuit of autonomous tech yet. According to Automotive News, in February the company published a list of suppliers it...

Government Withdraws Subsidy Promoting Diesel Hybrids

In a decisive move, the Centre has decided to discontinue subsidies for diesel mild hybrids under a scheme called FAME, centre's flagship program to boost hybrid and electric cars. This after various national and international studies pointed out how...

IMF warns of slow productivity growth undermining financial, social stability

Washington, April 04, 2017: NInternational Monetary Fund (IMF) warned that slow productivity growth since the 2008 financial crisis would threaten financial and social stability in some countries. "Another decade of weak productivity growth would seriously undermine the rise in...