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Companies consumer News Retail

Maruti Suzuki Recalls 87,599 Vehicles Over Steering Defect

Automaker Maruti Suzuki, has recalled 87,599 vehicles over a suspected defect in parts of steering tie rods, an official release of the company said. In a release, the automaker on Monday announced to recall 87,599 vehicles (S-Presso and Eeco) manufactured between July 5, 2021, and February 15, 2023. “It is suspected that there is a […]

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Companies News

Pioneer To Set Up New R&D Center In Gurugram And Bengaluru

Pioneer Corporation today announced plans to expand its footprint in India by adding R&D presence. “By establishing R&D at Pioneer India in Gurugram and Bengaluru office, we will accelerate creating of innovation and develop innovative products and services in the mobility field as well as focusing on recruiting and training engineers with the aim of […]

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Companies News

Tata-owned Air India Incurs Losses of Rs 7,000 Cr In FY23

Tata-owned Air India incurred losses amounting to around Rs 7,000 crore in FY23 due to impairments related to faulty aircraft and engines, as well as the low-cost airline AirAsia India. However, executives noted that the losses have decreased, and the carrier achieved positive EBITDAR (earnings before interest, taxes, depreciation, amortisation, and restructuring or rent costs) […]

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Logistics News States

Heavy Rain Disrupts Online Delivery Services in Delhi-NCR

The recent heavy rain in urban areas, including Delhi and the National Capital Region, has severely disrupted online deliveries, causing inconvenience to consumers who have come to rely on these services for daily essentials, food, and medicine, particularly during the pandemic. The drainage system was overwhelmed, leading to waist-high flooding on roads and rendering large clusters unserviceable. […]

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