The domestic passenger vehicle industry returned to the growth path in October after three consecutive months of decline in sales but still endured a frustrating festive season this year registering a muted 1.55 percent increase in sales last month.

LOTS Wholesale Solutions is a 100 per cent subsidiary of Thailand-based Siam Makro PCL, which is a part of $50 billion Charoen Pokphand Group.

Google fired 48 employees for sexual harassment, says CEO Sundar Pichai; days after $6 billion funding from Saudi Arabia, Pakistan PM to visit China for more funds; US President Donald Trump seeks development of national spectrum strategy; Sebi bars Emerging India Infra, its directors from securities markets for 6 years; Maruti Suzuki India Q2 profit slides on sales dip, but beats estimates. Watch more in this episode of Business Wrap.

Google fired 48 employees for sexual harassment, says CEO Sundar PichaiGoogle Inc Chief Executive Sundar Pichai said on Thursday the company had fired 48 employees for sexual harassment over the past two years. Pichai sent an email to Google employees in response to a New York Times story that was published earlier in the day. The report said the search engine giant protected three senior executives from allegations of sexual misconduct by offering them payouts. The email, a copy of which was...

Straddled with high inventories and facing low consumer sentiment, the domestic automobile industry in India is bracing itself for a slowdown triggered by a tepid festive season that began earlier this week.

Maruti said around 640 vehicles in the domestic market manufactured between 20th Jan 2018 and 4th July 2018 will be covered in this recall campaign.

Car sales declined 1.03% to 1,96,847 units last month, as against 1,98,892 units in August 2017, while utility vehicles posted a drop of 7.11%.

Scaling up efforts to push eco-friendly transportation in the country, the government has decided to do away with permits for electric vehicles (EVs) and those that run on alternative fuels.

Vehicles using electricity or ethanol, biodiesel, CNG, methanol and biofuel need not apply for permits, said Union Road Transport Minister Nitin Gadkari.

The high base effect due to GST is likely to impact sales growth for the next couple of months though the onset of festive season later this month may offset it partially.