Tata Tech on the road to future of auto can be a good long-term bet

Tata Tech on the road to future of auto can be a good long-term bet

ET Intelligence Group: Tata Technologies, a provider of software solutions for automakers, is looking to raise ₹3,042 crore through an initial public offering. This is the first IPO from the Tata Group in nearly two decades. The shares in the IPO are offered by promoter Tata Motors, whose holding will drop to 55% after the … Read more

Traffic restrictions near Vijayawada temple irks auto drivers

Traffic restrictions near Vijayawada temple irks auto drivers

A board that was erected at the end of the Control Room flyover, near Vinayaka temple, was pushed aside a bit to allow two-wheelers. | Photo Credit: G.N. RAO Traffic restrictions established in view of the Dasara festivities at Sri Durga Malleswara Swamywarla Devasthanam are inconveniencing to both the public and auto drivers, who are … Read more

TKM to set up 30 GTTC institutes to develop skilled auto talent in Karnataka

TKM to set up 30 GTTC institutes to develop skilled auto talent in Karnataka

Toyota Kirloskar Motor (TKM) will set up 30 Government Tool Room & Training Centre (GTTC) institutes in Karnataka for developing skilled human resources for the manufacturing units and start-up entrepreneurs. TKM was taking a proactive initiative towards the development of industry-specific skills, knowledge, and culture in institutes. The primary aim was to bridge the gap … Read more

Private buses, auto, taxis unions withdraw strike call on July 27 after meeting minister

Private buses, auto, taxis unions withdraw strike call on July 27 after meeting minister

Bengaluru The private transport unions and federations on Monday withdrew the call for a strike on July 27 after meeting Transport Minister Ramalinga Reddy. Earlier, opposing the Shakti scheme, which offers free rides for women in non-premium bus services of the road transport corporations (RTCs), 23 private transport unions and federations had decided to call … Read more

Bengaluru auto drivers claim free bus rides for women have hit their business

Bengaluru auto drivers claim free bus rides for women have hit their business

According to C. Sampath, general secretary of Adarsha Auto Drivers’ Union in Bengaluru, auto drivers have lost 30-40% of their business after the scheme was launched. | Photo Credit: Pooja S., who commutes from Bagalagunte to Dasarahalli metro station in North Bengaluru, shifted from autorickshaws to bus after the launch of the Shakti scheme that … Read more

We are fairly positive on the consumption story: Srinivas Rao Ravuri

We are fairly positive on the consumption story: Srinivas Rao Ravuri

“I think the discretionary space also is looking extremely good. But I think stock picking is very important there at this point of time given pockets of slowdown and also expensive valuations in certain stocks,” says Srinivas Rao Ravuri. Just wanted to also understand what the key triggers are for picking out the domestic consumption … Read more

Mangaluru auto rickshaw blast: Bomber identified as Mohammed Shariq, a terror accused on the run

Mangaluru auto rickshaw blast: Bomber identified as Mohammed Shariq, a terror accused on the run

Autorickshaw involved in the blast kept near Padil-Pumpwell Main Road in Mangaluru on Sunday. The moving autorickshaw caught fire, after a minor blast reportedly occurred from a bag being carried by the passenger in the city on November 19, 2022. | Photo Credit: MANJUNATH HS The Karnataka police have now confirmed the identity of the … Read more

Auto at cusp of a rebound makes logistics a good turnaround bet

Auto at cusp of a rebound makes logistics a good turnaround bet

Mumbai: High-risk takers looking to bet on a thematic domestic consumption story could make a lump sum allocation to transportation and logistics funds. Asset managers believe the current market presents a good entry point as the auto sector is at a cyclical bottom and is expected to post the highest earnings growth among peers as … Read more

Taxi aggregators in Bengaluru continue auto services overlooking Transport Department order

Taxi aggregators in Bengaluru continue auto services overlooking Transport Department order

Taxi aggregators were asked to stop services with effect from Wednesday. Meanwhile, one of the aggregators is said to be approaching the High Court against the department’s dictum Taxi aggregators were asked to stop services with effect from Wednesday. Meanwhile, one of the aggregators is said to be approaching the High Court against the department’s … Read more

Auto driver who invited Kejriwal says he is Modi fan

Auto driver who invited Kejriwal says he is Modi fan

‘I invited Kejriwal for dinner because I was asked to do so by our union leaders,’ says Vikram Dantani ‘I invited Kejriwal for dinner because I was asked to do so by our union leaders,’ says Vikram Dantani He may have invited Delhi Chief Minister Arvind Kejriwal to his house in Ahmedabad for a much-publicised … Read more