Suzuki Motor Gujarat Surpasses 3 Mn Cumulative Sales Milestone

Suzuki is bullish on India market

India was the fastest-growing market for Suzuki Motor Corporation (SMC) in the last financial year and, with a flurry of releases in the rapidly expanding sports utility vehicle (SUV) sector, the Japanese carmaker remains optimistic about growth prospects here despite global uncertainties.

Suzuki – which aims to increase global volumes by 6.2 per cent or 186,000 passenger vehicles in the current fiscal year – expects its subsidiary Maruti Suzuki to outperform competitors in the local market this fiscal year.

The market growth for Indian automobiles is expected to be ..

India will have 50% non-fossil fuel energy by 2030: PM

Prime Minister Narendra Modi claimed this week that by 2030, 50 per cent of India's energy production will be through non-fossil fuel, and by 2070 it plans to be 'Net Zero'.

Addressing a public rally on the completion of 40 years of Japan's Suzuki Motor Corp at Gandhinagar in Gujarat, he said that a silent revolution is taking shape in India with rising demand for electric vehicles. The state and Central governments have extended incentives and subsidies for the EV sector.

Rememberi..

NCLAT Halts ATS Projects' Insolvency

The National Company Law Appellate Tribunal (NCLAT) has intervened to halt the insolvency process of ATS Projects, a significant development in the ongoing legal proceedings. This decision comes amidst the insolvency proceedings initiated against ATS Projects, which had faced financial challenges in recent times.

The NCLAT's decision to halt the insolvency process reflects a significant development in the legal proceedings concerning ATS Projects. This intervention underscores the complexity of the case and the need for careful consideration of all aspects before proceeding further with..