Bajaj Auto, one of India’s biggest motorcycle makers, could potentially exit KTM, the premium bike brand from Austria. According to a statement by KTM Industries AG, the parent company of KTM, Bajaj is in talks to sell its minority stake in KTM back to the European parent. Bajaj had stepped in as a white knight […]
Amid reports that the two-wheeler industry in India is bracing for production cuts to deal with a dip in demand, Bajaj Auto, one of India’s biggest motorcycle maker, said it is not curtailing production as of now. Bajaj Auto MD Rajiv Bajaj said the company does not feel a need to cut production at present. […]
India’s largest smartphone maker Xiaomi has launched Mi Pay, its payment service, in India, marking the first time the service has been expanded beyond its home market of China. The company will use the National Payment Corporation of India’s UPI and Bharat Bill payment network for its core functionality. The company has tied up with […]
Voltas, India’s largest air-conditioner maker launched a new range of adjustable inverter ACs, which it claimed were the first of their kind in the AC industry. The new models come with a wide range of features, including ‘flexible air conditioning’, that allows the user to switch from 1.5 ton usage to 1 ton usage and […]
ICICI Lombard, one of India’s leading private sector general insurance companies, said it has entered into a strategic partnership with one of India’s largest retail payment platform MobiKwik to provide cyber-insurance cover. The newly formed partnership aims to provide the customers protection against unauthorized and fraudulent transactions online across bank accounts, debit/credit cards and mobile […]
India’s largest commercial bank, State Bank of India (SBI), launched ‘doorstep banking’ for senior citizens, the differently-abled and infirm customers, including those with visual-impairment. Under this facility, doorstep services will be made available to fully KYC-compliant customer holders with a valid mobile number registered with the bank and residing within 5-kilometre radius from their home […]
The global wholesales of Tata Motors Group, including Jaguar Land Rover, declined 9% in February this year. The group sold 1,10,262 units of vehicles last month, Tata Motors said in a statement. Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in February this year were at 84, 512 numbers, lower by […]
Air travelers in India will soon be able to enjoy Internet like they do on the ground, after Tatanet Services, a wholly owned subsidiary of NELCO Limited, won an in-flight, maritime connectivity licence from Department of Telecommunications. “The IFMC license will make it possible to have uninterrupted access to voice, data and video services while […]
India’s largest car maker Maruti Suzuki India Ltd launched WagonR S (Smart)-CNG, with 26% more mileage than the existing model. The CNG powered WagonR, with its 1-litre engine, will offer a mileage of 33.54km/kg, the company said. With CNG priced at Rs 44.70 per kg, that works out to a fuel cost of only just […]
Tata Motors’ newly launched SUV, Tata Harrier, sold around 1,600 units in the very first month since its launch on January 23. The company had sold 420 units of the SUV in the first ten days. Harrier, the company’s latest attempt to crack the SUV market after models like Safari, Hexa and Aria, is also […]
Maruti Suzuki, India’s largest auto maker, reported a marginal decline in its February 2018 sales, as exports fell 20% and domestic market sales rose 0.9%. Total vehicle sales, including exports, were down 0.8% at 149 lakh compared to February 2018. The monthly performance is largely similar to what was seen in January, when domestic market […]
Maruti Suzuki today revealed more details about IGNIS 2019, the latest version of its small car targeted at millennials. The car has been in the news for the last two days after it was spotted at dealerships over the weekend. India’s largest carmaker said the new version of IGNIS, a car that has not exactly […]
Bharti Airtel, one of India’s top three telecom operators, said it has chosen US-based Ciena to supply the core technology on which its countrywide optical backbone will be managed. The adoption of technology from Ciena — one of the original dotcom-era startups — will help Airtel adapt to the new age of 5G and fiber-to-the-home, […]
Three of the five paid DTH platforms in India — Tata Sky, Airtel Digital and D2h — have announced multi TV, or multiple connection, plans under the new TV channel tariff regime implemented by TRAI this month. The new schemes, which give discounts on a subscriber’s second, third and fourth connections at their home, were […]
Bharti Airtel said it has opened pre-booking for Samsung Galaxy S10+ and S10 on its online store. The S10 will be available for a total cost of Rs 81,000, including a downpayment of Rs 9,099, plus 24 equal monthly installments of Rs 2,999. In comparison, Amazon is selling it at Rs 77,850, divided into equal […]
Barely three weeks into the new pricing regime, TV18 has become the second group — after Star — to tweak its pricing and bouquet structure to make them more attractive to customers. Most of the changes are on package structuring and composition, rather than on individual channel prices. Only two channels — Comedy Central and […]
Cable and DTH users can now watch Star India’s sports and English channels at 30% lower cost as India’s largest broadcaster has introduced smaller, more affordable channel packs in these two genres. The move is seen as a reaction to the feedback given by the market to the company’s previous line up. Till now, Star […]
Royal Enfield, the country’s largest maker of mid-sized motorcycles, said it has cut down on the waiting period on most of its motorcycle models, and promised to keep the excitement going as it deals with new competitors like Jawa. The comments by Siddhartha Lal, CEO of Eicher Motors comes in the context of the impending […]
85% of the customers who have shifted to tariff packs under TRAI’s new tariff plan have gone with packages created by the cable operator, said Aniruddhasinhji Jadeja, founder and MD of GTPL Hathway, one of India’s largest cable networks. Jadeja said, as of Feb 12, close to 30% of the total subscribers have been moved […]
Free-to-air English news channels like Republic TV and Al Jazeera have got a massive boost in their reach, while paid Hindi entertainment and movie channels have seen the biggest drop in reach after the implementation of the new TRAI tariff scheme, according to data from Chrome Data Analytics & Media, one of the world’s largest […]
