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Ferrari's return to the top: A good sign

India, March 31 -- While Sebastian Vettel took the lead from Lewis Hamilton thanks to pit strategy, there was no doubt that the Italian car had the race pace for a deserved win. This is a good sign for the 2017 F1 season

Formula 1 is back. The intervening five months without the premier motorsports division have been quite boring for all F1 fans. But ever since pre-season testing began at the Circuit de Catalunya in February, a couple of things ... Read More


Paying price for clean air

India, March 31 -- Court's order on polluting vehicles welcome

The Supreme Court's ruling that prohibits the sale of vehicles which do not meet Bharat Stage IV fuel and emission norms from April 1, is a welcome step but also a shocking one for the automotive industry. The Indian automotive industry has grown accustomed to constant compromise on safety and efficiency Norma over the past 15 years since the last dramatic Supreme Court judgement in ... Read More


Press Release (SCRIPCODE: 517168)

India, March 30 -- This is with reference to regulation 30 and other applicable regulations of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, please find below the update:- Manesar, March 29, 2017: Subros Limited today re-opened its Manesar Plant after the fire incident which took place on May 29, 2016 severely impacting the building, plant & machinery, stocks and other assets. The Plant re-opening was graced by the prese... Read More


Subros reopens its plant in Manesar, Haryana

India, March 30 -- Subros has reopened its Manesar Plant after the fire incident, which took place on May 29, 2016 severely impacting the building, plant & machinery, stocks and other assets. The plant makes automotive air-conditioners for Maruti Suzuki and other vehicle manufacturers.

Subros is a leading manufacturer of automotive air conditioning systems and thermal products for automotive applications in India. The company has also been supp... Read More


Press Release

India, March 30 -- Subros Limited has informed the Exchange regarding a press release dated March 30, 2017, titled "SUBROS RE-OPENS ITS MANESAR PLANT AFTER THE FIRE INCIDENT".Manesar, March 29, 2017: Subros Limited today re-opened its Manesar Plant after the fire incident which took place on May 29, 2016 severely impacting the building, plant & machinery, stocks and other assets. The Plant re-opening was graced by the presence of Mr. R.C. Bhargav... Read More


'SC ban on selling BS-III models a penalty on entire industry'

India, March 30 -- The country's largest automaker Tata Motors said that the Supreme Court's ban on selling BS-III models was "unexpected and unprecedented penalty" on the entire industry, reported PTI.

"The Supreme Court order banning sale of all BS-III vehicles from April 1 is an unexpected and unprecedented move that will have a material impact on the entire automotive industry, OEMs' and dealer networks and is a penalty to the entire automot... Read More


Updates

India, March 30 -- Tata Motors Limited has submitted to the Exchange a copy of Official Statement by the Company, the content of which is self-explanatory.... Read More


He couldn't wait to be a millionaire

Midrand, March 30 -- Greed-driven careworker Mandla Mampeza Mncube has been sentenced to life imprisonment for the murder of his employer, Yellowwood Park resident Graham Garlick. Mncube, 41, who lived with the deceased, pleaded guilty to murdering Garlick, 59, on Tuesday in the Durban Magistrate's Court. Garlick's body was found on March 8 in Umlazi wrapped in blankets and thrown in the bushes. He had been stabbed several times and his Ford Rang... Read More


Opening bell: Asian markets open mixed; Tata Motors, Lupin in news

New Delhi, March 30 -- US equities close higher; Asian markets trade mixed

US stocks closed mostly higher on Wednesday, as investors digested economic data and the start of the United Kingdom's divorce from the European Union.

Asian shares traded mixed on Thursday morning.

All GST bills passed in Lok Sabha for uniform taxation across India

With the Lok Sabha signing off on the last batch of bills on the goods and services tax (GST), India is ... Read More


Tatas look to redefine compact sedan market with Tigor

MUMBAI, March 30 -- A decade after it pioneered the compact sedan with the Indigo CS, a concept that quickly caught the fancy of car buyers and manufacturers, Tata Motors Ltd is looking to redefine the segment. With aggressive pricing starting at Rs 4.7 lakh (ex-showroom, Delhi), Tata Motors hopes to attract buyers of both compact cars and sedans with the Tigor and have a bigger play in the 80,000-100,000 units per month compact car (hatchbacks a... Read More