• Price band of ₹481 – ₹506 per equity share bearing face value of ₹5 each (“Equity Shares”)

• Bid/Offer Opening Date – Tuesday, December 13, 2022 and Bid/Offer Closing Date – Thursday, December 15, 2022.

• Minimum Bid Lot is 29 Equity Shares and in multiples of 29 Equity Shares thereafter.

• The Floor Price is 96.20 times the face value of the Equity Share and the Cap Price is 101.20 times the face value of the Equity Share.

• A Discount of ₹48 Per Equity Share is being offered to Eligible Employees bidding in the Employee Reservation Portion.

Continue reading “Landmark Cars Limited’s initial public offering to open on December 13, 2022, sets price band at ₹481 to ₹506 per Equity Share”

New Delhi, 19^th October 2022:  Aligned with the Government of India’s vision to promote the usage of biofuels for transportation, the Society of Indian Automobile Manufacturers (SIAM) conducted an International Conference on ‘Biofuels – A Pathway towards Sustainable Future’, at Hotel Taj Palace, New Delhi. The Conference was organized as a part of year-round activities to promote ethanol. The program witnessed participation from automotive industry experts, government officials, academia, and other stakeholder associations including the ambassador and experts from Brazil.

Continue reading “SIAM hosts International Conference on ‘Biofuels – A Pathway towards Sustainable Future’”

Source : PTI

Delhi government has reportedly received over 2,000 complaints flagging old or abandoned vehicles parked in the capital city in just two days. Complaints started flowing in as soon as the government issued WhatsApp number dedicated for the purpose, as reported by PTI. The service has been opened up to allow RWAs and market associations to report old cars parked around the city.

Citizens, RWAs and market associations immediately started sending pictures and reporting parked old cars around Delhi. However, the transport department does need to verify the details of these vehicles to ascertain their age and if they are unfit to run in the capital city. The details of the vehicles will be verified through the registration database of the transport department. As per authorities, there are approximately 25 lakh old and unfit vehicles in the capital city currently. If an old vehicle is reported and verified to be of unfit age, they will be impounded and handed over to authorised scrapping centres. The WhatsApp helpline can be reached on +91 8376050050

Continue reading “Car scrap Hotline: Delhi reports 2,000+ old vehicles in just two days of WhatsApp complaint service”

Rise in Pollution…Depletion of the ozone layer and valuable resources getting exhausted are just a few of the symptoms of an extensive issue that has not only plagued the Environment but also jeopardized the future Generations from being able to use various resources for development and prosperity. The Automobile industry, one of the core sectors effecting our daily lives has recently been on the forefront of this battle to Combat this issue in their own way by introducing and promoting the use of Electric Vehicles to replace Petrol based vehicles to strive towards utilizing fuel alternatives. As the culture of Automobile Giants like Tesla, Tata and Hyundai introducing better and progressively efficient Electric Vehicles in the Market continues in this day & age, it has risen the need for Telematics in the EV industry for these Vehicles to provide competitive features to the end user so that a smarter choice can be made to invest in Electric vehicles and venture towards a cleaner ecosystem. Continue reading “The iTriangle mission to Create & Sustain a Connected, Secure, Safe and Efficient Ecosystem for the Electric Vehicle Industry through Telematics and Mobility”

India is adopting Technology, everywhere possible…and we’re here to Help!

It is heartening news that the AIS140 mandate from MoRTH that requires all public /passenger Transport Vehicles to be installed with vehicle location tracking devices, is being implemented by most of the states in India. The effective implementation goes a long way in ensuring safety, security, and compliance. An effective implementation that achieves the objective of MoRTH (Ministry of road transport & Highways) requires that the VLT devices must be active, in working condition and should send data to the enforcement agencies. Continue reading “iTriangle’s AIS 140 certified devices are now integrated with the Gujarat Pollution board’s tracking & Monitoring portal as per the mandate”

•Most-awarded SUVW, the Volkswagen Taigun completes one phenomenal year in the premium mid-size SUV segment in India

•The Taigun First Anniversary Edition is available for customers in three vibrant colours that would add to their Bold & Dynamic personality; A brand new colour ‘Rising Blue’ along with the Curcuma Yellow and Wild Cherry Red

•The First Anniversary Edition will be available across the 152 Volkswagen touch points in India

Continue reading “Volkswagen launches First Anniversary Edition of Taigun, marking one stellar year of the SUVW in India”

“Business opportunities are like buses, there’s always another one coming.” – Richard Branson. Success never comes easy, the ladder to reach the top of any industry requires an organization to undergo immense amount of planning and executing their plans diligently and efficiently. Several mistakes are made in the process of getting things right, but the organizations which reach the top, conquer the world of business with the philosophy of making mistakes but never repeating the same mistakes and not giving up. In this volatile and ever-growing corporate world, it is easy for an organization to get lost in the clutter due to lack of market research and inability to upgrade their offerings according to the requirements and expectations of the market to always require the latest products and services at the most affordable prices. In line with the rapid technological developments and advancements, the Telematics industry in the last decade has been at the crux of meteoric rise and evolution in its impact to the Automobile sector. Continue reading “The iTriangle approach to bring in Advanced Telematics Solutions to Commercial Segment Vehicles”

German luxury carmaker Mercedes-Benz on Monday named Santosh Iyer as the Managing Director & CEO of the Indian operations with effect from January 1, 2023.

Mr Iyer, 46, is currently working as Vice President, Sales & Marketing and would be the first Indian to lead Mercedes-Benz India operations. Continue reading “Santosh Iyer Appointed As Managing Director, CEO Of Mercedes-Benz India”

– With the increasing acceptance and demand for the new Volkswagen Virtus, the Brand has introduced the carline under its Omni-channel mobility solutions of
Subscription and Leasing models

– The Subscription and Power Lease ownership model on the Volkswagen Virtus enables customers to own the sedan with just one month’s security deposit and an advance rental Continue reading “Volkswagen expands its Omni-channel mobility solution to the all-new global sedan Virtus”

It is heartening news that the AIS140 mandate from MoRTH that requires all public /passenger Transport Vehicles to be installed with vehicle location tracking devices, is being implemented by most of the states in India. The effective implementation goes a long way in ensuring safety, security, and compliance. An effective implementation that achieves the objective of MoRTH (Ministry of road transport & Highways) requires that the VLT devices must be active, in working condition and should send data to the enforcement agencies. Continue reading “India is Changing for the better! Latest AIS 140 policy updates by the Punjab Govt. and the iTriangle Solution”

H1-2022 registered highest ever half-yearly Battery Electric Vehicle sales of 20,440 units. June 2022 is the all-time best sales month with 4,451 units. Tata Motors command 92% Indian BEV market share. Tata Nexon EV is best selling product followed by Tata Tigor EV.

by WAF Think Tank

•Scooter Price Range between 1.44 Lakh – 2.16 Lakh Approx

•Booking Starts with Just INR 999 , from August 8 2022 at EVeium showrooms in Pune, Hyderabad, Bangalore and Calicut (Ex Showroom) Continue reading “Indian EV Brand EVeium launches three electric scooters – COSMO, CZAR, COMET”

by Mark Prakash

The rise & requirements of Telematics has spread its wings across a plethora of industries and market segments such as Transportation, Health care, Electric vehicle segment, Government Compliance and many more! The latest industry to have caught on the numerous benefits of incorporating Telematics into is the vehicle Insurance sector.

Vehicle owners will very soon be able to purchase tailormade Analytics-based insurance which will focus on individual’s driving behaviors and will follow a ‘pay as you drive’ policy which will revolutionize the Vehicle insurance sector and provide numerous benefits to the Vehicle owners as well as insurance companies to get a better understanding and an opportunity to get information much more effectively and efficiently. Continue reading “The rise of Insurance Based Telematics and the iTriangle Solution…”

Around 3,20,609 passenger cars were sold in the Indian market for June 2022. The sales increased over 25% when compared to June last year. Industry recorded its second highest monthly volume in June’22 for 2022! It also crossed 3 Lakh dispatch figure for the third month in this calendar year.

Continue reading “June 2022 Car Sales – Snapshot”

Tata Motors, on the occasion of the World Environment Day, signed an agreement with BluSmart Electric Mobility for delivering 10,000 XPRES T EVs to the company. This deployment of 10,000 units makes this the biggest ever EV fleet order in India. With deliveries starting soon, these vehicles are an addition to the 3,500 XPRES T EV order, which was signed by both the companies in October last year, and will be used across the country for commuters, in turn helping minimize the carbon footprint. Continue reading “Tata Motors signs an agreement with BluSmart Electric Mobility for 10,000 XPRES T EVs”

Mumbai, June 2nd 2022 – In a development that is expected to boost electric vehicle (EV) adoption and mobility in India, MG Motor India and Castrol India are set to collaborate with Jio-bp to explore mobility solutions for electric cars.  Under the partnership, Jio-bp, MG Motor and Castrol will explore setting up four-wheeler EV charging infrastructure and expand Castrol’s existing auto service network to cater to EV Customers.

The partnership is in line with Jio-bp and MG Motor’s commitment to provide a vast and reliable charging infrastructure to electric car customers and accelerating EV adoption in India. Jio-bp is creating an ecosystem that will benefit all the stakeholders in the EV value chain and last year, the company constructed and launched two of India’s largest EV charging hubs. The JV’s electric mobility business, offering charging infrastructure to Indian consumers, operates under the brand Jio-bp pulse. With the Jio-bp pulse mobile app, customers can easily find charging stations nearby and seamlessly charge their EVs.  Continue reading “Jio-bp, MG Motor and Castrol sign partnership to boost Electric Mobility in India”

Around 2,94,087 passenger cars were sold in the Indian market for May 2022. The sales increased 185% when compared to May last year. The spike is due to low base last year which was primarily impacted due to Covid-19 induced restrictions. However, the Industry remained flat when compared to April 2022 and is still grappling with semiconductor supplies.

Continue reading “May 2022 Car Sales – Snapshot”