China's Great Wall may make Lithium battery for EVs in India

New Delhi (IANS) China's largest SUV manufacturer Great Wall Motors is gung-ho on its India prospects, where it will invest an estimated $1 billion in a phased manner for manufacturing of not just cars but also lithium-ion batteries in the future.
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China's Great Wall may make Lithium battery for EVs in India

New Delhi (IANS) China's largest SUV manufacturer Great Wall Motors is gung-ho on its India prospects, where it will invest an estimated $1 billion in a phased manner for manufacturing of not just cars but also lithium-ion batteries in the future.

GST taxpayers flooded with notices, advisories

New Delhi (IANS) With government going all-out to plug GST loopholes to contain evasion and bolster collections, taxpayers are frequently receiving notices and advisories for a range of issues including sudden spike in input tax credit (ITC) claim,…

British Airways records fastest NY-London flight at 1290km/hr

London (IANS) As the worst storm in seven years set its eyes on the UK and Europe, a British Airways (BA) flight utilised the strong tail winds and reached Heathrow airport from New York in a record four hours and 56 minutes -- at a subsonic speed…

India's forex reserves rises by $4.60 bn

Mumbai (IANS) India's foreign exchange reserves edged-higher during the week ended January 31 to touch a new record high.

The RBI's reserves rose by $4.60 billion during the week under review, official data showed on Friday.

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Yes Bank CEO in violation of several regulatory norms: Ex-Director

Mumbai (IANS) Demanding Yes Bank CEO Ravneet Gill's resignation, its ex- independent Director Uttam Prakash Agarwal has alleged that the bank's top boss has violated several regulatory norms.

In a detailed letter to the Reserve Bank…

PMC Bank scam: SC stays HC order on sale of HDIL assets

New Delhi (IANS) The Supreme Court on Friday stayed the Bombay High Court order on the sale of the bankrupt Housing Development and Infrastructure Ltd (HDIL) as a measure to facilitate the repayment of dues of crisis-hit Punjab and Maharashtra Cooperative…

Expect sales revival in 2nd half of FY21: Tata Motors CEO

New Delhi (IANS) With the Indian automobile industry going through an unprecedented slowdown and carmakers set to roll out BS-VI vehicle models, Tata Motors MD and CEO Guenter Karl Butschek is of the view that the first half of the financial year…

Coronavirus in China to disrupt global auto supply chain: S&P

Chennai (IANS) Credit rating agency Standard and Poors (S&P) on Thursday said the measures to prevent the spread of new coronavirus in China will disrupt the global auto supply chain.

In a report titled "The Coronavirus Dashes Recovery Hopes…

Auto Expo begins, plethora of companies participate

New Delhi (IANS) The 15th edition of Asia's largest automobile show in terms of visitor footfalls kicked-off here on Wednesday with a plethora of auto companies, start-ups, telecom, alternate fuel, electric vehicle and social media firms participating…