This year's Auto Expo saw turnout of over 6.63 lakh despite it being a less star-studded affair than usual. Missing in action were the 3 luxury car makers, Mercedes Benz, BMW, and Audi.
While Tata Motors sold 50,000 EVs in last 3 years, it is targeting the same number in this financial year. Company is eyeing at least 25 per cent of sales from EVs in next 5 years.
Representative director & president of Suzuki Motors says company is working to regain share in Indian market and that it ‘won't get swayed by electric vehicles, explore other tech too’.
MG Motor India aims to increase annual production capacity to 1,40,000 in 2023, said its MD Rajeev Chaba, adding that ‘profitable & sustainable’ growth is the company's focus.
An array of manufacturers expected to focus on displaying their electric prowess this year, but visitors may be left wanting with some notable luxury manufacturers skipping the expo.
The proposed amendment to the Insolvency and Bankruptcy Code aims to reduce timelines and provide for a mechanism that involves minimal interaction with the court. It fails on both counts.
Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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