The company's India unit MD Santosh Iyer said the govt's proposal for an additional 10% tax on diesel vehicles could speed up electrification since consumers may move to EVs or petrol.
Maruti exited the diesel vehicle market in 2020. Aiming to sell 4.5 lakh CNG vehicles, plus hybrid vehicles this year, company says these will match earlier diesel vehicle sales.
The Delhi transport department said owners will have the option to convert their 10-year-old diesel or 15-year-old petrol vehicles to electric ones if they want to continue using them.
When diesel was Rs 20-25/litre cheaper than petrol in 2012-13, cars running on it accounted for 58% of the market. Now, people buy less polluting options, and experts welcome it.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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