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Exicom Tele IPO Update: Check Details, subscribe, GMP?

Exicom Tele Systems Limited, a leading provider of EV charging solutions, made its resounding debut on Dalal Street on Monday with its initial public offering (IPO), witnessing overwhelming demand from investors. Within just hours of opening, the public issue has been ...

Volkswagen and Mahindra Ink First Supply Deal for Electric Vehicle Components

Auto Major Volkswagen Group and Mahindra & Mahindra Ltd. (M&M) sealed a pivotal deal on Friday. This landmark agreement marks the first-ever supply deal between the two giants, paving the way for the integration of Volkswagen's MEB components into Mahindra's bespoke ...

Hyundai Plans to Expand Valuation through $3 Billion India IPO

South Korean automaker Hyundai Motor Company is poised to embark on a significant strategic move with its planned $3 billion initial public offering (IPO) in India. This ambitious endeavour aims to achieve dual objectives: expanding its presence in one of the ...

Understanding The Right Time For Buying New Car

Purchasing a car is one of the most expensive decisions a person takes in his/her life. You must conduct an extensive research into determining the best automobile brand, model, or version and the dealership to purchase. Above all else, it's important ...

Indian Used-Car Market Valued, At USD 23 Billion in FY 2021-2022

Shifting consumer preferences, rising disposable incomes, organized online-offline buying options and shorter time frames between the launch of new car models among top factors that will fuel this growth Mumbai, Maharashtra, India (NewsVoir) The Indian used-car market that is ...

Car Prices May Be 'Fairly Stable' in Short Term; Demand To Rise: VW India Official

Prices of cars are likely to remain "fairly stable" in the short term as the second COVID-19 wave has more or less balanced the demand-supply situation in the past two months, according to a senior official at Volkswagen Passenger Cars India. ...

Automobile Sales Grows 11% In Dec; First Monthly Growth In FY21

On Monday, automobile dealers' body FADA (Federation of Automobile Dealers Association) said that total sales across categories increased 11.01% to 18,44,143 units last month compared to 16,61,245 units in December 2019. This is the first monthly rise in retail sales of ...

Centre Extends Validity Of Vehicle Documents By Another Three Months

On Sunday, the union transport ministry in light of the current pandemic situation has extended the validity of motor vehicle documents including driving license, registration certificate (RC) and permits by another 3 months i.e. till March 31, 2021. In respect ...

4 Recent Changes In Rules Announced By The Transport Ministry

On Friday, the Ministry of Road Transport & Highways (MoRTH) announced some changes and proposals for changes to the rules in road transport that will affect vehicle owners as well as cab travellers. ...

Validity Of Driving Licenses And Vehicle Registrations Extended Again

On Monday, the government extended the validity of expiring driving licences and motor vehicle documents until 31 December. This is the third time that the validity has been extended in the light of the COVID-19 pandemic. The earlier extension was made ...

Registration Of BS-IV Vehicles Banned By Supreme Court Till Further Notice

On Friday, Supreme Court barred registration of BS-IV vehicles till further orders. The apex court also expressed displeasure on the sale of a large number of vehicles in March despite the COVID-19 induced lockdown. "An unusual number of BS-IV vehicles were ...

Changes In Motor Insurance From 1 August

From 1 August 2020, as per IRDAI's (Insurance Regulatory and Development Authority of India) mandate, long term motor insurance packages that cover both third-party damage and own damages, for 3 years on cars and 5 years for two-wheelers, will be withdrawn. ...

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