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Volkswagen cuts India EV costs, seeks local partner
Financial Express Chennai
|November 20, 2025
Tighter carbon emission rules kick in from 2027
VOLKSWAGEN AG IS slashing costs of developing electric vehicles in India by a third and scouting for a local partner to help boost its tiny market share, according to people familiar with the matter.
The local unit of Europe’s biggest automaker has cut costs to about $700 million from $1 billion for a platform it is developing to build EVs, said people familiar with the matter who spoke on the condition of anonymity.
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Financial Express Chennai
Irdai chairman to address FE Insurance Summit today
AS INDIA'S INSURANCE sector stands on the threshold of major reform, the Financial Express Insurance Summit 2025, to be held on Friday, will bring together India’s leading policymakers, regulators, and industry leaders for a day of high-level deliberations on the sector’s future.
1 min
November 21, 2025
Financial Express Chennai
India signs $93-million deal with US for Javelin anti-tank system, Excalibur projectiles
THE US HAS approved the sale of Excalibur guided artillery projectiles, Javelin antitank missile system and related equipment worth nearly $93 million to India, saying it will improve the country’s capability to strengthen its defence and deter regional threats.
1 min
November 21, 2025
Financial Express Chennai
Zomato may soon share user data with eateries
ZOMATO IS IN early stages of launching a feature whereby customers’ phone numbers will be shared with its restaurant partners after obtaining their consent, CEO Aditya Mangla said on Thursday, a move which responds to the restaurant industry's long standing demand.
1 min
November 21, 2025
Financial Express Chennai
5G subscriptions may cross 1-bn mark by 2031
INDIA IS EXPECTED to have over 1 billion 5G subscriptions by the end of 2031, the Ericsson Mobility Report released on Thursday said, underscoring the steady uptake of the service in a nation that accounts for the highest mobile data traffic per smartphone.
1 mins
November 21, 2025
Financial Express Chennai
Nitish sworn in as Bihar CM for record 10th time
BJPALLOTTED 14 MINISTRIES, JD(U) 8 IN 26-MEMBER CABINET
3 mins
November 21, 2025
Financial Express Chennai
'Speculation about credibility of economic data is unwarranted'
SAURABH GARG, SECRETARY, MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION (MOSPI)
3 mins
November 21, 2025
Financial Express Chennai
Russian oil loadings for India plunge
FROM THE FRONT PAGE
3 mins
November 21, 2025
Financial Express Chennai
Fresh guidelines to simplify valuation for insolvent firms
WITH A VIEW to prescribe a standardised format to prepare a valuation report for an insolvent company, the Insolvency and Bankruptcy Board of India (IBBI) has proposed fresh guidelines for conducting valuation under the Insolvency and Bankruptcy Code (IBC), 2016.
1 mins
November 21, 2025
Financial Express Chennai
26 e-comm firms are free from dark patterns: Govt
AS MANY AS 26 top e-commerce companies, including Zepto, BigBasket and Zomato, have given an undertaking that their platforms are free from misleading claims and unfair trade practices which constitute ‘dark patterns’, the government said on Thursday.
1 min
November 21, 2025
Financial Express Chennai
'A lot of our efforts is now on raising awareness'
VIKAS BANSAL, CEO, AMAZON PAY
2 mins
November 21, 2025
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