Auto Industry
car&bike Team
May 21, 2022, 10:22 PM
India's government will have another look at plans for the divestment of Bharat Petroleum Corp Ltd (BPCL) after the state-run refiner completes the planned expansion of some project.
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car&bike Team | May 21, 2022India Weighs Selling Part Of BPCL Instead Of Full Stake - ReportIndia is considering selling up to a quarter of state-run refiner Bharat Petroleum Corp Ltd after failing to attract suitors for the whole firm.1 min read
car&bike Team | May 21, 2022India's April Crude Oil Imports At 3-1/2 Year High On Cheap Russia SupplyIndia's April crude oil imports were the highest in 3-1/2 years as the world's third biggest oil importer and consumer ramped up discounted Russian oil purchases to fuel a recovery in demand and fight high prices.1 min read
car&bike Team | May 21, 2022Indian Government In Talks With Russian Over Cut-Price Oil Deal - ReportIndia is in talks with Russia over a deal to buy oil at discounted rates, the chairman of India's state-run Hindustan Petroleum Corp. said.1 min read- car&bike Team | May 21, 2022Oil Settles Up As Supply Risks Outweigh Economic WorriesOil prices settled slightly higher as a planned European Union ban on Russian oil and easing of COVID-19 lockdowns in China countered concerns that slowing economic growth will hurt demand.1 min read
car&bike Team | May 21, 2022Volkswagen Supervisory Board Demands More Ambitious Software Roadmap - ReportVolkswagen's supervisory board has called on management to present a reworked plan for the carmaker's software division, which forms the backbone of its strategy but has run into problems.1 min read
car&bike Team | May 21, 2022Indian Auto Parts Supplier Sona BLW Bets On Global EV PushSona BLW Precision Forgings expects two-thirds of its revenues to come from electric vehicle (EV) components over the next few years, as automakers rush to build more clean cars.1 min read
Shubham Parashar | May 20, 2022JK Tyre Launches Four New Heavy-Duty Tyres For Tippers In IndiaNew tyres like 45/65-45 58PR VEM 63 L5 TL, 14.00-24 GTL Champ 16 PR G3 TT, 12.00-24 Hard Rock Champion 20PR E4 TT and 16.00-25 VEM 045 44PR E3 TT have been added to their existing product portfolio.1 min read
car&bike Team | May 20, 2022Cognizant Of Fires, Govt. Admits To Lapses In Safety & Quality of Electric VehiclesGeneral (Retd) VK Singh, Minister of State for Road Transport and Highways, was speaking at the inaugural edition of EV Tech Delhi 2022 recently about electric mobility and its future in India.1 min read
