BMW Group India crosses 5,000 EV deliveries, launches 4,000 km charging corridor

India, Aug. 22 -- BMW Group India has announced that it crossed 5,000 electric car deliveries, claiming its seat as the first luxury carmaker in the country to reach this milestone. To mark the occasi... Read More

Johor travel agencies say Singapore VEP rejections cut income by half, leave illegal operators to fill gap

JOHOR BAHRU, Aug. 22 -- More than 400 Johor-based travel agencies claimed that business has been affected after Singapore authorities denied their Vehicle Entry Permit (VEP) applications for the past ... Read More

Macquarie Asset Management Bags $405 Mn For Indian EV Platform Vertelo

India, Aug. 22 -- Macquarie Asset Management has raised $405 Mn (around INR 3,542 Cr) for Vertelo, its fleet electrification platform targeting India's rapidly expanding electric vehicle market. The ... Read More

Nifty Auto up 5% in one week on GST cut hopes; M&M, Maruti among stocks poised for gains, says Nomura

New Delhi, Aug. 22 -- The Auto index has soared over 5 percent this week, driven by reports suggesting that the auto sector could see a reduction in the Goods and Services Tax (GST) rate for small car... Read More

Nifty slips below 24,950 mark; European mrkt opens lower

Mumbai, Aug. 22 -- The headline equity indices traded with significant losses in the afternoon trade as investors booked profits despite of optimism surrounding Goods and Services Tax (GST) reforms. M... Read More

Consider it Pak's confession of "dumper" state: Rajnath Singh on Asim Munir's 'India shining Mercedes' remark

New Delhi, Aug. 22 -- Defence Minister Rajnath Singh on Friday took a dig at Pakistan Army Chief over his "India is a shining Mercedes" remark and said he did not consider Asim Munir's statement as "m... Read More

Renault Espana Comercial, S.A. secures contract for Motor vehicles - acquisition of a minimum of 10 all 4x4 road to JSE (economic and technical division Mº of the interior)

Spain, Aug. 22 -- Spain based Renault Espana Comercial, S.A. has secured contract from Direccion General de Racionalizacion y Centralizacion de la Contratacion-Junta de Contratacion Centralizada for M... Read More

Volkswagen Group Espana Distribucion Sa secures contract for Motor Vehicles for the Transport of Fewer Than 10 Persons - Contract for the acquisition of 14 large hybrid Berlin vehicles (State Mobile Park)

Spain, Aug. 22 -- Spain based Volkswagen Group Espana Distribucion Sa has secured contract from Direccion General de Racionalizacion y Centralizacion de la Contratacion-Junta de Contratacion Centraliz... Read More

DUING d.o.o. secures contract for Repair and Maintenance Services of Ships - Preventive Maintenance of Volvo Engine

Croatia, Aug. 22 -- Croatia based DUING d.o.o. has secured contract from Ministarstvo mora, prometa i infrastrukture for Repair and Maintenance Services of Ships - Preventive Maintenance of Volvo Engi... Read More

Mercedes-Benz AG secures contract for Motor Vehicles for the Transport of Goods - purchase of nine factory -new vans

Germany, Aug. 22 -- Germany based Mercedes-Benz AG has secured contract from Mercedes-Benz AG for Motor Vehicles for the Transport of Goods - purchase of nine factory -new vans. The value of the contr... Read More

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