Electric vehicles get a bonanza in Budget 2019 as government gets serious on e-mobility

Budget 2019: Electric mobility has been a major thrust area for the government that is keen to reduce the transport sector's dependence on imported fossil fuel. India imports nearly 84 per cent of its crude requirement every year.

Agarwal added that the stoppage of production at the Tuticorin plant of the firm's unit Sterlite led to the country having to import copper, spending precious foreign exchange.

Share Market LIVE: On the sectoral front, indices trading in the green are IT, FMCG, Auto, Metal, Infra and Pharma. In declining indices, PSU bank and Media tops the list with 1.40% decline each, followed by Financial services, Energy, Bank and Realty.

Hyundai is planning to launch its Kona EV in early July. It is also looking for partners like LG for batteries

CEOs are getting paid more than before. But is there a co-relation between pay and performance?

From hero to bad guy, the fall of Carlos Ghosn is dramatic. With him gone, Renault-Nissan-Mitsubishi, the world's largest automaker, looks set for a bitter boardroom tussle and an uncertain future.

Lessons from the failure of some of India's biggest business names.

There are already clear signs of green shoots sprouting in pockets of local manufacturing in sectors as diverse as steel, auto, chemicals and energy.

Tata Nano will be produced only if the manufacturing facility receives a confirmed order from a buyer, says reports. Just one unit of Nano was produced in June and the company sold just three cars in the domestic market.

Car demand in the UK and Europe is facing multiple headwinds and these cost reduction initiatives are the co's response. Macquarie has retained its 'outperform' rating for the stock, saying market was ascribing nearly zero value to the JLR business at the current stock price

The agreement follows an R&D tie-up announced by the two Japanese automakers a year ago, and will see Toyota, one of the world's biggest automakers, secure production from its much smaller rival, which dominates India with its line-up of affordable compact cars.

Tata Motors is reskilling employees to make them 'future ready'