Stringent stipulations in the subsidy scheme for electric vehicles in India has put the domestic industry in a bind.

Powered by cutting-edge technologies, a clutch of Indian start-ups has developed out-of-the-box solutions to reduce pollution and generate clean energy.

The Yamaha Fascino Darknight edition comes with a Unified Braking System (UBS) along with additional features like maintenance free battery.

Total two-wheeler exports during the period stood at 27,59,935 units as compared with 23,09,805 units a year ago, showed the Society of Indian Automobile Manufacturers (SIAM) data.

India is the world's biggest market for scooters and motorcycles with annual domestic sales exceeding 19 million in the fiscal year ended March 31, 2018

Motorcycle sales last month, however, rose marginally to 7,93,061 units as against 7,88,334 units a year earlier.

How it became India's fourth most valuable group and what it is doing to stay on top.

The company, which competes with rival Ola in India and other international markets, had posted a total revenue of Rs 1.04 crore in 2016-17.

Commercial vehicles posted a turnaround and motorcycles were back in vogue but PV industry struggled.

The policy focuses on two key vehicle segments i.e. two-wheelers and public/shared transport. These segments together contribute to about 55 per cent of PM and 50 per cent of NOx emissions.

But broader economic conditions and sustained losses could push Uber to merge with rivals in India and the Middle East, particularly as Uber and India-based Ola share an investor in SoftBank Group Corp.

A big transformation is happening in the global generic pharmaceutical industry. As a result, stocks of most major drug companies have done badly in the past one year.