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Total 26 results found. Search for [ voluntary vehicle scrappage policy ]

Results 1 to 21 of 26
Sumant Banerji
New Delhi, May 12, 2021
India's scrappage policy for automobiles has the potential to reduce pollution and the industry's carbon footprint while creating employment and demand. It's a $6-billion opportunity


PTI
March 28, 2021
The Ministry of Road Transport and Highways has digitised the data of such vehicles throughout the country, excluding Andhra Pradesh, Madhya Pradesh, Telangana and Lakshadweep as their records were not available


PTI
March 22, 2021
Under the proposed policy, a scrapped vehicle will be offered a monetary value close to 4-6 per cent of the showroom value


Ashutosh Kumar
March 20, 2021
Going forward, private vehicles will be de-registered after 20 years if found unfit or in case of failure to renew registration. Enhanced re-registration will be applicable on private vehicles from the 15th year of original registration


Ashutosh Kumar
March 18, 2021
Giridhar Aramanesaid, \"The government is working on a pilot project for GPS-based tolling. Once the system is rolled out across the country, there will be no need of toll plazas.\"


Ashutosh Kumar
March 18, 2021
With an expected upside in the revenues from GST as well as vehicle registration as a fallout of the policy, the ministry of road transport and highways believes that relief should be transferred to potential buyers opting for it


Sumant Banerji
March 18, 2021
Mindful that these incentives may not be enough, Road Transport Minister Nitin Gadkari has also requested Finance Minister Nirmala Sitharaman to consider a GST cut for such vehicles.


BusinessToday.In
March 18, 2021
An individual will have to shell out up to Rs 5,000 for renewing the registration of his more than a 15-year-old car. For two-wheelers, the charges of renewal and registration would be Rs 1,000 compared to the current fee of Rs 300


PTI
February 27, 2021
Speaking at an event organised by the Automotive Components Manufacturers Association of India (ACMA), the Minister of Road Transport and Highways said the present levels of localisation of parts in the Indian auto sector is around 70%


BusinessToday.In
February 9, 2021
Tata Motors share touched an intraday low of Rs 322.15, falling 4.08% against previous close of Rs 335.85 on BSE


PTI
February 7, 2021
Terming the policy a boon, the road transport minister said it would lead to a 30 per cent boost to the Indian automobile industry turnover to Rs 10 lakh crore in the years to come


Sumant Banerji
New Delhi, February 5, 2021
The policy for $6-billion-per-annum domestic vehicle scrapping and recycling market has raised hopes of sustainable recovery for the down-and-out automobile industry


Aseem Thapliyal
February 3, 2021
The rise in market cap came after Sensex and Nifty closed at record highs today, enthused by investor sentiment arising from Budget 2021


Aseem Thapliyal
February 3, 2021
Tata Motors stock climbed up to 6.07%  to Rs 341.85, a fresh 52-week high, against previous close of Rs 322.30 on BSE. Market cap of the firm rose to Rs 1.04 lakh crore


Chitranjan Kumar
February 2, 2021
This large cap stock has rallied 422 per cent from its 52-week low of Rs 63.60 as on March 24, 2020, while it gained 29 per cent in the last two sessions     


Aseem Thapliyal
February 2, 2021
In last two sessions, Sensex rallied 3,511 points and Nifty gained 1,012 points. With the two-day rally, Sensex and Nifty have erased all losses they suffered in the previous six  sessions


Aseem Thapliyal
February 2, 2021
BSE Auto index closed 909 points  or 3.95% higher at 23,968. In two sessions, the index has  gained 1,798 points on a closing basis


Chitranjan Kumar
February 1, 2021
The BSE Sensex rose over 2,000 points in intraday trade and NSE Nifty breached 14,000 levels as investors cheered Budget proposal to raise FDI limit in insurance to 74 per cent, crappage policy for vehicles, as well as privatisation of two nationalised banks


BusinessToday.In
February 1, 2021
Reacting to the news, shares M&M rose over 6 per cent, followed by Tata Motors, Hero MotoCorp, Maruti and Bajaj Auto, among others


BusinessToday.In
February 1, 2021
Presenting her third budget in Parliament, FM Sitharaman stated that under the voluntary vehicle scrapping policy, personal vehicles would undergo a fitness test after 20 years, whereas commercial vehicles would need to take it after completing 15 years


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