A high-level committee constituted by the shipping ministry has proposed more financial powers for the country’s 12 major port trusts to allow them to take decisions faster and function more like commercial organisations on...
“Middle East is a very important area of focus for us. Saudi Arabia, especially, is a big market and this investment is a sign of our commitment and seriousness about the region”, Ashok Leyland...
The much awaited AC double-decker train between New Delhi and Lucknow will be launched shortly as the clearance for its operation has been obtained. “We have got the clearance from Commissioner Railway Safety (CRS)...
As part of its green drive, Union Ministry of Road Transport and Highways has initiated efforts to transplant big trees and use industrial wastes in road construction activities. “We have already started two pilot...
The Commercial Vehicles Conclave 2015 powered by ET and ZigWheels saw the who’s who of the commercial vehicle industry at the ITC Maratha, Mumbai. Mr. VG Ramakrishna, Managing Director, South Asia, Frost and Sullivan...
Diesel prices have fallen a steep 22 per cent from their peak levels in September-end last year. However, on an average, truck rentals have only fallen 5-10 per cent during this period. In fact,...
Daimler India Commercial Vehicle has begun exporting bus chassis to Egypt, the company said in a statement. Daimler’s Cairo-based business partner MVM will be responsible for building the body on the nine-tonne chassis there....
Despite the fall in diesel price by INR 2.25 per litre, truck freight rates on trunk routes remained stable during January. Truck freight rates on Delhi-Mumbai-Delhi round trip on a 9-tonne payload truck remained...
The Multimodal International Cargo Hub and Airport at Nagpur (MIHAN) is finally getting a lease of new life from the Maharashtra Chief Minister, Mr Devendra Fadnavis. At least five companies, including a US-based IT company,...
Tata Motors today reported 8 per cent increase in global sales, including Jaguar Land Rover, at 85,742 units in December 2014. The company had sold 79,220 units in December 2013. In the passenger vehicles...
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