Implementation of GST was to create single unified large market with simplified tax structure for auto industry. However the recent rolling back to multiple rates with Pre GST classification has come as a set back […]
11th September 2017: New Delhi (Monday) Society of Indian Automobile Manufacturers (SIAM) has expressed relief that a GST Cess of 25% has not been imposed across the board on all larger cars as was the apprehension. With […]
Chennai, 6th September 2017: Ashok Leyland Defence Systems (ALDS) signed a Memorandum of Understanding (MOU) on Cooperation with Russia’s Rosoboronexport, on the sidelines of the International Military Technical Forum Army – 2017 held at Kubinka, near Moscow, […]
Mladá Boleslav, 10 August 2017 – The ŠKODA brand has assessed and evaluated a potential strategic collaboration with Tata Motors Ltd over recent weeks and months. In doing so, both companies have concluded that at present, neither the […]
Tata Motors and Skoda Auto have performed a joint technical feasibility and commercial evaluation of a potential collaboration. Based on intense and constructive discussions, both the companies have jointly concluded that the envisioned areas of […]
~ For the quarter ended June 30, 2017, EML recorded its highest ever total income from operations at Rs 2,001 crores (net of excise duty), highest ever EBITDA at Rs 621 crores and Total Comprehensive […]
BRUSSELS, Belgium,August 8, 2017 – WABCO Holdings Inc. (NYSE: WBC), a leading global supplier of technologies and services that improve the safety, efficiency and connectivity of commercial vehicles, today announced that it is expanding its […]
Pune, 8th August 2017- Bridgestone India Pvt. Ltd., a group company of Bridgestone Corporation, the world’s leading tyre and rubber company, today announced its expansion with an investment of 304.3 Million USD for both the Pune (Chakan) and […]
“We are highly disappointed with the decision. We believe this will be a strong deterrent to the growth of luxury cars in this country. As a leading luxury car maker, this will also affect our […]
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