F1: Aston Martin Trolls Mercedes On Twitter Over Hamilton Contract

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Aston Martin's Twitter handle is having some cheeky fun with the Mercedes social media team on a post where the legendary British team welcomes in its latest scout, Sebastian Vettel, who joins them after a 6-year stint with Scuderia Ferrari. "Oh, really? You're missing out. Unless you don't really like updates about drivers, of course," tweeted the Aston Martin...

Audi And FAW Confirm A New Cooperation Company To Build EVs

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Audi is deepening its partnership with FAW and laying the foundation for continued success in China. The Board of Management of Audi, Supervisory Board of the Volkswagen Group and Board of Management of the FAW Group confirmed that Changchun in the northeast of China will be the headquarters of the newly founded Audi-FAW company. This was announced at the...

Indian Railways Finalises Tender For 44 Rakes Of Vande Bharat Type Trains

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Indian Railways has finalized the tender for design, manufacture, development, integration, supply, testing, and commissioning of IGBT-based three-phase propulsion, control, and other equipment for as many as for 44 rakes of Vande Bharat type train sets, with each consisting of 16 cars. According to a recent statement released by the Railway Ministry, the procurement includes a comprehensive annual maintenance...

Tata Motors Hits Fresh 52-Week Highs On Jump In Global Wholesales

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Tata Motors shares touched fresh 52-week highs after the auto major reported a 1 per cent rise in global wholesales, including that of Jaguar Land Rover, to 2,78,915 units in the third quarter of the current fiscal. The company had sold 2,76,127 units in the October-December period. At 10:20 am, the shares of Tata Motors were trading at ₹...

China’s Baidu To Create Intelligent EV Company With Automaker Geely

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China's search engine giant Baidu Inc said on Monday it will set up a company to partner with car maker Zhejiang Geely Holding Group to make smart electric vehicles (EV), the latest move by a tech company in the fast-evolving sector. Baidu, which has been developing autonomous driving technology and Internet connectivity infrastructure, said the new EV company will count...

MG Motor India Ramps Up Production Capacity To Meet Demand

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MG Motor India had received 80,000 cumulative bookings for the Hector SUVs, Gloster and ZS EV in 2020. According to a report from ETAuto, the British marquee is now ramping up the capacity for its SUVs to meet the rising demand. The Chinese carmaker managed to achieve these numbers despite the impact of the COVID-19 pandemic situation and disrupted...

Indian Railways Extends Time Limit For Claiming Refund On Cancelled Train Tickets

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Indian Railways has extended the time limit beyond six months and up to nine months from the date of the journey for cancellation of passenger reservation system (PRS) counter tickets and for claiming refund of fare across reservation counters. According to a statement released by the Railway Ministry, the time limit is extended for the tickets between the journey...

Delhi-Meerut Rapid Rail To Have Indigenous Ballastless Track Technology

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The country's first regional rapid rail coming up in the national capital region (NCR), being implemented on the Delhi-Ghaziabad-Meerut route will have a modern and indigenous track, according to the National Capital Region Transport Corporation (NCRTC). The 82 km long Delhi-Meerut rapid rail corridor, which aims to reduce the travel time between Delhi and Meerut to just 55 minutes,...

Indian Railways Freight Loading Records 8.54% Growth In December 2020

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Indian Railways freight loading in December 2020 registered an 8.56 per cent growth as compared to figures recorded in the same month of 2019. According to a statement released by the Railway Ministry, Indian Railways freight loading was 118.13 million tonnes last month, which is 8.54 per cent higher as compared to 108.84 million tonnes loaded in 2019 for...

M&M To Focus On Electric Vehicles After Ending Joint Venture Talks With Ford

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Mahindra & Mahindra Ltd will focus on developing its core portfolio of sport-utility vehicles (SUVs) and their electric version, a senior executive said on Friday after the company ended joint venture talks with Ford Motor Co. Anish Shah, the deputy managing director, said Mahindra will focus mainly on large SUVs for its core India market in the short term...