Bosch Automotive Aftermarkets (AA) today announced the launch of over 125 service centres in East India, with simultaneous inauguration of all centres in a single day, 18 outlets in West Bengal, 24 outlets in Guwahati, 30 outlets in Bihar, 33 outlets in Chattisgarh, five outlets in Jharkhand and 17 outlets in Orissa.
Although the incremental hikes in diesel prices in India could eventually shift consumers towards petrol models, analysts predicted in the near-term the measures should not dent sales of diesel models.
Indian battery major, Exide Industries' profit remained placid at Rs 104 crore in the October-December 2012 in contrast with the year ago period, due to increase in input costs.
Korean two wheeler major DSK Hyosung has introduced two motorcycles, Aquila Pro 650 cc and GT650R 2013 editions in India yesterday.
Essar Ports, part of the Essar Group would construct five berths at Salaya to handle liquid, solid and bulk container traffic.
Oil marketing companies should increase diesel prices in phases in India, otherwise inflation will escalate further, industry body Assocham said yesterday.
Indian vehicle manufacturers, who make diesel vehicles have welcomed the Government of India's decision to allow oil marketing firms to raise diesel prices.
The Oil marketing firms' revenue losses on subsidised products is pegged at Rs 1,60,000.
Within hours after the Government of India allowed oil marketing firms to set diesel price corrections periodically, the retailers increased the price of the fuel.
Mahindra 2 Wheelers, the two-wheeler division of the Mahindra Group has launched two of its 'Thinking Machines', Mahindra Pantero and Centuro in Chennai today.
Indian two-wheeler industry is going to hot up in the next fiscal, as both the erstwhile partners, Hero MotoCorp and Honda are planning to introduce a slew of locally developed products.
Toyota Kirloskar Motor (TKM) today launched Toyota University Cricket Championship (TUCC), a T-20 cricketing series to encourage cricket at the university level in India.
Government of India has postponed a decision the plan of reviving the ailing state owned Scooters India Limited.
Though Indian two-wheeler major Hero MotoCorp's net profit for the third quarter ended December 2012 declined by 20 percent to Rs 488 crore, the total income increased by 2.5 percent to Rs 6,278 crore.
Honda Motorcycle and Scooter India (HMSI) will also hire 2,000 people at its upcoming third manufacturing plant in Karnataka.