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Ashok Leyland appoints Vipin Sondhi as MD and CEO

?In his new role at Ashok Leyland, Sondhi will drive the technology transition, growth and future strategy for the Indian flagship company of the Hinduja Group as well as the companys global automotive portfolio....

India's fuel demand growth hits 23 month high in November

Diesel consumption, which accounts for about two-fifths of Indias overall refined fuel demand, reversed the declining trend of the previous three months and rose by 8.8% to 7.55 million tonnes in November from a year earlier, also its highest rate since January 2018....

Govt gives nod to NHAI to set up InvIT, monetise national highway projects

This will enable NHAI to monetise completed national highways that have a toll collection track record of at least one year and NHAI reserves the right to levy toll on the identified highway, the statement said. ...

Was 2019 a year of cheer for electric vehicle industry in India?

No doubt, the year saw may robust regulations and policies in favor of the budding electric vehicle industry of India but such steps have not translated into higher sales numbers. ...

Why Anand Mahindra thinks entering 2W space was a mistake?

The group entered two-wheelers after buying out Kinetic Motors in July 2008 and relaunched the Freedom bikes under the label of Mojo but has not been able to make a mark in the vastly entry-model driven two-wheeler space in the country even after a decade....

NBFC loan growth set to hit a decadal low of 6-8%: Report

For standalone non-banks, the investor comfort with asset classes will dictate their access to funds at competitive rates, growth outlook and the extent of reorientation of business models. ...

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