Asia thermal coal prices slip as China, India buy less, Auto News, ET Auto

Author: Clyde Russell Asia’s offshore thermal coal markets are losing heat, with prices and volumes falling as winter demand passes and Europe’s energy crisis eases. Prices of the main commercial grades of coal used in power stations fell to their lowest in months last week, and to their weakest levels of the year for one … Read more

Karnataka orders Ola, Uber, Rapido to stop auto services in 3 days after overcharging passengers

Currently, the minimum auto fare for the first 2 km is fixed at  ₹30, after which every kilometre is charged  ₹15.

The Karnataka Transport Department announced on September 6 that Ola, Uber and Rapido cars will stop in Bengaluru for the next three days. The notice comes after passengers registered complaints with the transport department, stating that Ola is being charged by Uber ₹100 even for a distance below 2 kilometers. Currently, a minimum price is … Read more

Uber, Ola, Rapido continue auto services despite Karnataka govt’s ban

Autos, Karnataka auto

Online booking of auto-rickshaw services remained available on ride-hailing platforms like Uber, Ola and Rapido, despite the Karnataka government outlawing such services from Wednesday following several complaints of overcharges. However, the number of auto-rickshaws using these platforms appeared to have dropped, with waiting times in some parts of Bengaluru … Read more

Pathaan craze takes over streets of Tamil Nadu. Auto rickshaws deck up with Shah Rukh Khan’s huge poster. WATCH

Pathaan craze in Tamil Nadu The craze for Shah Rukh Khan’s Pathaan is unparalleled and is growing as the release date inches closer. On Saturday (January 21), a video went viral on social media showing autorickshaws covered with Tamil and Telugu posters of Yash Raj Films’ Pathaan. Pathaan craze has literally taken over the streets … Read more

Simple Energy opens new plant in Tamil Nadu, Auto News, ET Auto

Spread over an area of ​​2,00,000 square meters, the plant can manufacture one million units annually. New Delhi: Simple Energy, a leading electric vehicle and clean energy startup, inaugurated its first manufacturing plant at Shoolagiri in Krishnagiri district on Thursday., Tamil Nadu Named Simple Vision 1.0, the plant, which was set up with an investment … Read more

India’s giant auto market is short of EV buyers

India’s electric success has been limited to its two-wheeler, or 2W, market. And, it won’t be easy to replicate for larger vehicles. (TATA MOTORS)

More four-wheelers were sold in India last year, surpassing Japan and trailing behind China and the US. It’s a stunning reversal from nearly eight months ago, when sales fell to barely a decade low and chunks of production capacity sat idle. Now, with the economy growing rapidly, car buyers are back and ready to spend. … Read more

Bengaluru auto ban: Ola, Uber, Rapido autos illegal in Bengaluru; services to discontinue in 3 days

Ola, Uber, Rapido auto-rickshaw services to be suspended in Karnataka in three days. This follows the Karnataka transport department’s order on Thursday calling the auto services offered by these ride-hailing platforms “illegal”. The department has declared car services run by cab aggregators as “illegal” under the On-Demand Transportation Technology Act 2016. According to the transport … Read more

Stock Market LIVE Updates: Sensex, Nifty trade higher on gains in IT stocks; auto stocks tumble; India VIX surges 4%

Stock Market LIVE Updates: Indian stocks rose on Monday, helped by a better-than-expected earnings report from HDFC Bank, the country’s largest private lender, although higher oil prices and continued selling by foreign investors kept a lid on gains. Ten of the 13 major sectoral indices advanced, and the financial heavyweights rose by more than 0.5%. … Read more

This Year At Auto Expo, Electric Vehicles Take The Spotlight: Report

This Year At Auto Expo, Electric Vehicles Take The Spotlight: Report

Delhi launched its EV policy in August 2020. (Representatives) New Delhi: The Auto Expo got off to a flying start in the national capital on Friday, showcasing electric vehicles (EVs) from more than 70 national and international automakers. EVs are at the center of this year’s Auto Expo, Japan’s NHK World international service reports. Maruti … Read more