Right from his days in college, Kapil Shelke dreamt of building the world’s fastest electric motorcycle. Armed with a rudimentary knowledge of electric motors, circuits and batteries from tinkering with remote control cars as a child, he set out to achieve this dream. Today, Shelke has his eyes set on a different prize – building an electric motorcycle that Indians would love Read More

According to a report published in The Economic Times, on Monday, Baba Ramdev’s Patanjali is now keen to launch swadeshi jeans, which will be ‘Indianised in style, design and fabric’. Acharya Balakrishna, CEO of Patanjali products, told ET, Patanjali jeans for women will be loose so that they comply by Indian cultural norms and also comfortable to wear. Ramdev at Read More

With the sale of smartphones failing to reach the desired level in the first half of this year, handset makers are banking on the coming festive season to gain traction. According to sector estimates, about 70 new smartphones could be launched in the festive season, which begins end-September and goes on till the end of the year. Of these, 50 Read More

Carmakers have launched more than a dozen vehicles in the past year but not everyone has been able to get the pricing right. Pricing strategy is becoming trickier as the market gets crowded with more car models. The first major pricing error was made by market leader Maruti Suzuki when it launched its first crossover the S Cross last August. Read More

Congress Vice-President Rahul Gandhi made significant gains in a couple of real estate transactions between 2005 and 2010. The member of Parliament purchased two shops in MGF Metropolitan mall in Delhi’s Saket area during the tenure of the first United Progressive Alliance government and sold it during the term of UPA-II at thrice the cost price, records reviewed by Business Read More

Maruti Ignis is the next micro SUV. This will be smaller than the Vitara Brezza and will be the entry-level car to the Nexa Range. Maruti had showcased it at the 2016 Auto Expo. This will open up an entirely new segment that will help the company to enhance its sales. Here is a detailed preview of this new compact Read More

Hyundai Motor India on Tuesday launched an automatic variant of its premium hatchback Elite i20 priced at Rs 9.01 lakh (ex-showroom Delhi). The new variant comes with 1.4 litre petrol engine with four speed automatic transmission besides additional safety features like six airbags, speed sensing auto door lock and height adjustable front seat belts. “The Hyundai i20 is super performer Read More

Wholesale inflation soared to a two-year high of 3.74 per cent in August mainly on account of uptick in prices of pulses and some manufactured items, prompting the industry to step up its demand for structural reforms to deal with the price situation. Experts, however, attributed the rise in WPI inflation during the month to low base effect saying it Read More

Earlier this month, the Indian arm of the $52.5-billion Walt Disney Company announced it was giving up on the Indian film business. “Given the challenges with the current economic model for investing in the local film industry, we intend to shift the focus of our film strategy to driving our Hollywood movie slate in India,” a Disney India spokesperson said. Read More

Thomas Flohr (above, centre) is nothing like what I expected. After reading a piece on him and his multi-million-dollar Swiss home in St Moritz in a New York Times supplement, I had expected to meet a flamboyant, flashy, real-life James Bond, enmeshed in a life of women, fast cars and fancy airplanes. We are meeting for tea, but there’s no Read More