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Central Consumer Protection Authority orders 5 e-commerce giants to stop selling seat belt alarm stopper clips

autherAutocar Professional Bureau     calendar12 May 2023

Nidhi Khare, Chief Commissioner, CCPA has passed orders against e-commerce majors — Amazon, Flipkart, Snapdeal, Shopclues and Meesho for the violation of consumer rights and unfair trade practices.

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Pricol reiterates use of legal and financial measures against Minda Corp's News
Pricol reiterates use of legal and financial measures against Minda Corp's "hostile takeover" attempt

By Shahkar Abidi calendar11 May 2023

The CCI is likely to examine whether the initial acquisition of 15.7% was purely a financial investment or a strategic...

Hyundai Motor India to invest Rs 20,000 crore in Tamil Nadu for developing electric vehicles News
Hyundai Motor India to invest Rs 20,000 crore in Tamil Nadu for developing electric vehicles

autherAutocar Professional Bureau calendar11 May 2023

The company has also announced plans to further expand total production volumes to 850,000 units per year and introduc...

Bosch reports 13.8% net profit in Q4FY23, mobility business witnesses 23.7% jump News
Bosch reports 13.8% net profit in Q4FY23, mobility business witnesses 23.7% jump

autherAutocar Professional Bureau calendar11 May 2023

The corresponding operative revenues increased to Rs 4,063 crore during Q4FY23, a jump of 22.7% compared to Rs 3311 cr...

Geely and Changan in strategic alliance for drivetrains, platforms, tech News International
Geely and Changan in strategic alliance for drivetrains, platforms, tech

autherAutocar Professional Bureau calendar11 May 2023

The two Chinese giants plan to explore opportunities in new energy technologies, vehicle intelligence, new energy powe...

Toyota Kirloskar Motor wins CII-ITC sustainability award for excellence in biodiversity News National
Toyota Kirloskar Motor wins CII-ITC sustainability award for excellence in biodiversity

autherAutocar Professional Bureau calendar11 May 2023

TKM recognised for its multi-fold efforts dedicated to conserving the environment by not just improving products and p...

Pricol reports 75.3% jump in net profit at Rs 29.80 crore in Q4FY23 News
Pricol reports 75.3% jump in net profit at Rs 29.80 crore in Q4FY23

autherAutocar Professional Bureau calendar10 May 2023

The company's revenues from operations stood at Rs 509.69, a jump of 23.8% versus revenues of Rs 415.80 crore, in the ...

MAHLE and Midtronics announce partnership for electric vehicle workshop service News
MAHLE and Midtronics announce partnership for electric vehicle workshop service

autherAutocar Professional Bureau calendar10 May 2023

This will empower workshops with safe, easy-to-use, and effective service for the important Li-ion battery: from batte...

Escorts Kubota Q4 profit up 14% at Rs 216.5 crore News
Escorts Kubota Q4 profit up 14% at Rs 216.5 crore

autherAutocar Professional Bureau calendar10 May 2023

The company's consolidated revenue from operations grew 17.4% at Rs 2,214.5 crore in Q4 as against Rs 1,886.6 crore in...

MG Motor plans to Indianise the company, divest majority stake to Indian partners and raise over Rs 5,000 crore News
MG Motor plans to Indianise the company, divest majority stake to Indian partners and raise over Rs 5,000 crore

autherKetan Thakkar calendar10 May 2023

The company is in talks with multiple strategic investors right from high net worth individuals, corporates, financial...