Apollo Tyres is focusing on metros for car tyres and rural markets for commercial vehicles to achieve its leadership goal in the domestic market by 2020-21. Satish Sharma, president (Asia Pacific, Middle East and Africa) exp
Despite fiscal constraints, the Centre is likely to provide Rs 12,200 crore from the Budget — half of it this fiscal and the balance in the next year — to retire 40% of the Rs 30,000-crore working capital debt of Air Indi
While SpiceJet’s managing director Ajay Singh has been credited with turning around SpiceJet, which he took over from the Marans in January 2015, the September quarter has been one of the worst for the low-cost carrier.
The Maruti Suzuki chairman had said last week there were few signs of festivity in the car market. Indeed, sales of cars in October reflected little festive cheer with the growth in passenger vehicles skidding to very low sin
While air passenger traffic has grown smartly over the past year, airlines have not been able to raise fares. That’s because they have added too much capacity; analysts say the sweet deals on aircraft purchases that carrier
Civil aviation secretary RN Choubey said the inquiry against AirAsia India is not an obstacle for Vistara, a JV between Tata Sons and Singapore Airlines, to get approvals under the national civil aviation policy of 2016.
Four of Air India's grounded aircraft are likely to be back in service from next week as the carrier has placed the order for new engines post the government releasing around Rs 980 crore as supplementary grant.
French carmaker Renault's Kwid, a SUV-styled small car, seems to have run out of gas after a spectacular start three years ago. Kwid’s monthly sales have declined 30% during January-July 2018 compared to the year-ago period
Centre may infuse additional Rs 2,200 crore in the debt-ridden national carrier later in the current financial year to meet an estimated shortfall in working capital requirement to service loans and pay salary in time.