transport corporation of india

TVS Motor inducts two new independent directors

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Mumbai: Two- and three-wheeler maker TVS Motor Co has appointed two new independent directors, subject to approval of shareholders. The two new board members are Chennai-based Sanmar Group’s chairman Vijay Sankar, and Shailesh Haribhakti of Shailesh Haribhakti & Associates, the company said in a press release. Meanwhile, Kuok Meng Xiong will step down as independent … Read more

railways: Indian Railways cuts SUV mass transport rates by 33%

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Sport-utility vehicles (SUVs), currently riding high in the local market, can now hitch a cheaper ride on Indian Railways. Automakers planning to ship these popular vehicles in a cost-friendly way cross country have received a boost from the railways, who unveiled a new, budget-friendly slab for mass SUV transportation. Wagons are also set to be … Read more