Reliance unveils India’s first hydrogen combustion engine technology for heavy-duty trucks

Reliance Industries Limited (RIL) on Monday unveiled India’s first Hydrogen Internal Combustion Engine technology solution for heavy-duty trucks flagged off by Prime Minister Narendra Modi at the India Energy Week in Bengaluru. A RIL release said that the Hydrogen Internal Combustion Engine (H2ICE)-powered trucks will emit near zero emissions, deliver performance on par with conventional […]

GM Modular is all geared up to unveil “Showroom on the wheels” at Acetech Hyderabad 2023!

GM Modular is all set to roll out its trailblazing and one-of-a-kind initiative ‘Showroom on wheels’ at Hyderabad Acetech from the 20th to 22nd of January 2023. This showroom on wheels is a state-of-the-art bus fully equipped with the latest innovations like designer switches, decor lighting, home automation solutions and more […]

RBI’s services, infra outlook survey to assess business situation of fourth quarter of FY23

The Reserve Bank of India has launched the 36th round of the quarterly Services and Infrastructure Outlook Survey (SIOS) for January-March 2023. The survey assesses the business situation for the current quarter (Q4:2022-23) from selected companies in the services and infrastructure sectors in India and their expectations for the ensuing quarter (Q1:2023-24) based on qualitative responses […]

Auto Expo 2023: Meta, FADA forge partnership to enable dealerships to reach customers digitally

Meta on Wednesday announced that it entered into a strategic partnership with the Federation of Automobile Dealers Associations (FADA) to digitally enable thousands of auto dealers across the country to reach consumers digitally. The announcement came at the Auto Expo 2023, where Meta announced the launch of ‘Move with Meta’, […]

Jack Ma to give up control of Chinese fintech giant Ant Group

Chinese magnate Jack Ma will no longer be the controlling person of Ant Group, the Wall Street Journal reported on Saturday, citing a statement put out by the Chinese fintech giant. The changes are made to reduce Ant’s reliance on the flamboyant Chinese billionaire, who co-founded Alibaba Group Holding and helped create Ant, the Journal reported previously. […]

India surpasses Japan to become 3rd largest auto market globally

 India eclipsed Japan in auto sales last year, according to the latest industry data, making it the third-largest auto market for the first time, Nikkei Asia reported on Friday. India’s sales of new vehicles totalled at least 4.25 million units, based on preliminary results, topping the 4.2 million sold in Japan. New vehicles delivered in India totalled 4.13 million between January and November […]

Govt amends motor rules to set up regulatory ecosystem for pre-owned car market

The ministry of road transport and highways on Wednesday said it amended Chapter III of Central Motor Vehicle Rules, 1989, to build a comprehensive regulatory ecosystem for the pre-owned car market. The key provisions of the proposed rules included an authorisation certificate for the dealers of registered vehicles, which has been introduced to identify the authenticity […]

Airtel launches 5G services in Pune

Leading telecom company Bharti Airtel on Friday announced the launch of 5G services in Pune. Airtel 5G Plus services would be available to customers in a phased manner as the company continues to construct its network and complete the roll-out. The telecom company said customers with fifth-generation (5G)-enabled devices would enjoy high-speed Airtel 5G Plus […]

Jio launches 5G services with unlimited data for iPhone 12 and above

Reliance Jio on Thursday announced that users of iPhone 12 and above would get the Jio True 5G services with unlimited data, starting today. Jio also mentioned in the statement that these users need to update to the latest iPhone iOS and carrier settings. The company said it had provided Jio Welcome Offer on users’ numbers to enable […]