Ola Electric is likely to foray into the energy storage market. The company’s chairman and managing director, Bhavish Aggarwal, took to social media to announce that the company will announce its first non-vehicle product on October 17. In a tweet, Aggarwal wrote, “Launching our first non-vehicle product this Diwali! Power has always been a utility,…
JSW MG Motor India on Monday announced its decision to pass on the benefit of the government’s GST 2.0 rate cuts to its customers. The carmaker — whose popular models in India include Astor and Hector — rolled out the GST-driven price revisions across its ICE SUV lineup. While extending the entire benefit of the lower GST rates, JSW…
Tata Motors’ all-new Altroz has secured the five-star rating under the Bharat NCAP vehicle safety programme. The auto giant’s petrol, diesel as well as CNG powertrains are covered under the coveted rating. Add Zee Business as a Preferred Source The all-new Altroz rivals the likes of Maruti Suzuki Baleno, Toyota Glanza and Hyundai i20 lineups. …
Domestic equity benchmarks suffered sharp losses on Friday, the first session of a new monthly derivative series, as selling pressure in IT and financial stocks outweighed buying in pockets like FMCG. The Sensex dropped 585.7 points, or 0.7 per cent lower, to 80,599.9 while the Nifty50 gave up 203 points, or 0.8 per cent, to settle…
The sales volume of used cars in India is expected to cross 6 million units this fiscal driven by value-conscious demand, rising digital adoption and better access to finance, the credit rating agency Crisil Rating said in a report. This has lifted the used-to-new ratio in car sales to 1.4 from less than 1 five…
Tata Motors on Monday announced the pricing for its much-awaited electric SUV, the Harrier.ev, with ex-showroom prices starting at Rs 21.49 lakh and going up to Rs 27.49 lakh. The base variant, named Adventure 65 (RWD), marks the entry point, while the top-end Empowered 75 sits at the premium end of the lineup. Customers can…