Automobile

Suzuki Motorcycle India today said it has slashed the prices of its superbikes — GSX-R1000R and Hayabusa by up to Rs 2.2 lakh on account of reduced customs duty on such bikes. The company has reduced the price of GSX-R1000R by Rs 2.2 lakh to Rs 19.8 lakh. It used to cost Rs 22 lakh earlier. Similarly, Hayabusa...

There is no denying the fact that how good we are at planning our travel journeys, there’s always a time when we go wrong with it and have to make our bookings at short notice. This is where the Tatkal train ticket booking service of IRCTC comes in handy. Established by the Indian Railways in 1997 to book...

Hindustan Aeronautics Ltd or HAL shares made a weak debut on Wednesday, with the share price falling more than 5 per cent. Hindustan Aeronautics shares fell to as low as Rs.1,150 – a discount of over 5.3 per cent compared with the issue price of Rs. 1,215. Hindustan Aeronautics shares on Wednesday started trading with symbol ‘HAL’ on stock exchanges NSE...

While high-cost metro services are being planned and rolled out across the count ry with state governments wanting to replicate the Delhi Metro success, these systems could end up being white elephants, if the host city does not give enough ridership. Experts believe LRTS or the Light Rail Transit System are, therefore, best suited for Tier-II and...

Defence public sector undertakings Hindustan Aeronautics (HAL) and Bharat Dynamics (BDL) decision to withhold material information from public shareholders is the key reason for tepid demand for their shares, particularly from overseas investors. Several institutional investors were left ineligible from investing in these companies as they fail to meet the disclosure norms. Several big-ticket foreign portfolio investors (FPIs)...

New Delhi: India largest two-wheeler maker Hero MotoCorp Ltd Thursday said it has raised its stake in its joint venture in Colombia from the existing 51% to 68%. Consequently, the stake held by partner Woven Holdings LLC has declined to 32%. The joint venture, HMCL Colombia SaS, was formed in 2014 and Hero MotoCorp owned a controlling stake through...

New Delhi: The central government’s ambitious vehicle scrapping policy will become compulsory for all commercial vehicles from 2020 onwards and their life will be capped at 20 years, a high-level meeting decided on Friday, two senior government officials familiar with the development said. The plan is to try and get the GST Council to consider a lower goods and...

MUMBAI: In a bid to attract the youth, Honda Motorcycle and Scooters India, the country’s second largest two wheeler maker launched its yet another premium motorcycle – 160 cc X-Blade at an aggressive price of Rs 78,500 ex-showroom New Delhi. The new motorcycle will be sold alongside the Unicorn, Hornet and CBRs. While the company has made a...

Royal Enfield Tuesday announced its foray into Argentina, the second biggest motorcycle market in Latin America. The motorcycle maker launched its first flagship store in Buenos Aires, commencing its full operation, including after sales, spares and service. Royal Enfield has appointed Grupo Simpa as its official dealer-partner for Argentina, which will look after all market development and support...

Desperate to make a mark in the world’s largest two-wheeler market, major bike c ompanies such as Yamaha, Aprilia, KTM, BMW and Suzuki are launching bikes that look like their famous superbike brands, but with one-tenth the engine size. These bikes, which typically have a 150cc engine, are designed and styled on the lines of one of...