Dedicated freight corridor: 18-year mission on track

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In 12-odd hours — about half the time it takes by road — Maruti Suzuki’s automotive parts travel the 659 km between New Rewari in Haryana to Palanpur in Gujarat on the truck-on-train service (ToT) provided by the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL). Also read: Maruti Suzuki adds one lakh units per … Read more

Finmin sets timeline to scrap vehicles under new guidelines; to benefit auto cos like Maruti Suzuki, Tata Motors

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The Finance Ministry has fixed a timeline for scrapping various types of vehicles and placing fresh orders. This is a part of new guidelines to write off losses under revised Delegation of Financial Power Rules (DOFR). These rules have set the threshold for writing off losses in case of theft, fraud, etc. Also read: PV … Read more