New Delhi: American comedian Jay Leno donned a cream coloured 'sherwani', resplendent with delicate embroidery to welcome a Tata Nano car to his 17000-square-foot garage in southern California. Leno even invited Bollywood dancers for the inauguration of the white Nano with the Indian tricolour displayed in the background and painted across the body of the car. The host of 'The Tonight Show' has a weakness for electric and hybrid vehicles...
02:17 PM, May 16, 2012
New Delhi: In signs of better job market prospects, hiring activities increased across many sectors, including banking and pharma in April, says a survey by leading employment portal Naukri.com. Naukri.com's Job Speak Index climbed to 1,193 in April from 1,170 in March. The index is a monthly measure of online job demand. Noting that the first month of the financial quarter starts on a positive note, Naukri.com said the index...
08:10 PM, May 10, 2012
New Delhi: Indicating a robust uptrend in the job market, a survey on Wednesday said that 84 per cent of companies in India will ramp up their hiring activities in 2012 and employees can look forward to an average pay hike of more than 12 per cent across most of the sectors. According to the survey conducted by staffing consultancy Mercer, organisations are planning to hire aggressively in 2012, when...
04:50 PM, Apr 04, 2012
With the Budget 2012 around the corner, we reiterate that the proposed tax on diesel vehicles as per the Kirit Parikh Committee Report can have a significant impact on the domestic passenger car industry, possibly warranting total change in growth estimates. Maruti Suzuki has a high exposure to diesel cars (currently about 25% of domestic portfolio, and estimated at 29%+ for FY13), and the diesel tax can substantially impact our...
03:24 PM, Mar 15, 2012
New Delhi: The Department of Heavy Industry (DHI) has demanded Rs 1,000-crore corpus in the next Budget to fund technology upgradation of the auto components industry to make the sector globally competitive. "We have asked for Rs 1,000-crore technology fund creation. It can be a revolving kind of fund. People can take out, repay it, refurbish and new participants will take it," a DHI official said. The DHI, in its...
06:43 PM, Feb 20, 2012
London: Formula One is showing no signs of slamming the brakes on plans to race in Bahrain in April despite continuing violence in the Gulf kingdom a year on from a forcibly-suppressed uprising. Both the governing International Automobile Federation (FIA) and commercial supremo Bernie Ecclestone made clear after Tuesday's anniversary was met with tear gas and petrol bombs that the fourth race of the season remained on track. "The FIA,...
02:26 PM, Feb 16, 2012
New Delhi: It's day two of the Auto Expo 2012 in Delhi on Friday, but car lovers will have to wait another 24 hours before the gates are opened for the general public. Toyota will launched its revamped Etios on Friday. 50 car markers from around the world will unveil over 55 new cars till January 11. The hot wheels on display on Thursday included Maruti Suzuki's SUV, Hyundai's three-door...
09:18 AM, Jan 06, 2012
Bhubaneswar: In something unique from the Indian Science Congress, a group of students have successfully built a car from scrap. For impressing the girls, if your parents won't buy you a car, you can now build one. "The unique thing about this is that all the parts came together from unconventional places. The tyre is specially manufactured in Pune. The suspension is from a motorcycle. The steering mechanism is from...
09:07 AM, Jan 05, 2012
Chennai: Undeterred by the slump in the automobile market, two wheeler manufacturers in India aim to post decent sales this financial year, buoyed by good sales in November. While Japanese two-wheeler manufacturer India Yamaha aims to sell over four lakh units this year, rival Bajaj Auto plans to post sales of four million units this fiscal. India Yamaha Motor Director-Sales and Marketing Jun Nakata said they planned to sell over...
12:38 PM, Dec 05, 2011
Erumeli: An accident in 1998 altered the course of Biju Verghese's life, confining him to a wheelchair forever. 13 years on, Biju still battles the demons as he recollects that fateful accident. But the 38-year-old electrician from Kerala's Erumeli town didn't let despair defeat him. Instead, he picked up the pieces and toiled away hours in a thatched roof workshop to create a retrofitment kit for his car that would...
08:58 AM, Oct 17, 2011
New Delhi: Maruti Suzuki, India's top car maker, said a month-long strike at its Manesar plant that cost the company about USD 135 million in lost output ended on Saturday, after workers agreed to sign discipline agreements. Maruti, 54.2 per cent owned by Japan's Suzuki Motor, also said its vehicle sales in September fell about 21 per cent from a year earlier as the labour unrest disrupted production. Workers at...
10:46 AM, Oct 02, 2011
The Ford Evos Concept car, showcased at the Frankfurt Motor Show, has " apart from awesome looks " "customer-focused and intuitive technologies". What this means is, the car doubles as your personal assistant. The four-door, four-seater car uses technology to seamlessly connect with your 'personal cloud' of information, getting a detailed understanding of your preferences and driving habits, automatically adapting handling, steering and engine controls, and knowing your work schedule...
10:31 AM, Sep 30, 2011
This week on Overdrive, watch Renault's new car Koleos and a drive in Force 1's SUV. ...
05:06 PM, Sep 17, 2011
New Delhi: Workers at three plants operated by subsidiaries of Suzuki Motor Corp in India have called off their two-day-long strike on Friday after an agreement was reached with the management. Workers of Suzuki power train plant, Suzuki Casting, Suzuki Motorcycle called off strike after management decided to listen their demand. However, strike at Maruti main plant was still on. On Wednesday, workers at Suzuki Powertrain India Ltd and Suzuki...
11:29 AM, Sep 16, 2011
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Disclaimer: TV18 Broadcast Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.
