logo
JSW MG Motor India to hike vehicle prices from July

JSW MG Motor India to hike vehicle prices from July

Time of India3 days ago

JSW MG Motor India
on Wednesday said it will hike prices of its vehicles by up to 1.5 per cent across most of its offerings from July 1.
This revision is being done to mitigate the impact of rising
input costs
and other macroeconomic factors, the company said in a statement.
The company sells a range of conventional engine and
electric vehicles
like Comet EV with price starting at Rs 7.36 lakh to
SUV Gloster
at starting price of Rs 43.35 lakh.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Consumer electronics reshuffle: Panasonic exits refrigerators and washing machines in India, to focus on HVAC and B2B
Consumer electronics reshuffle: Panasonic exits refrigerators and washing machines in India, to focus on HVAC and B2B

Time of India

time29 minutes ago

  • Time of India

Consumer electronics reshuffle: Panasonic exits refrigerators and washing machines in India, to focus on HVAC and B2B

Japanese electronics major Panasonic has exited India's refrigerator and washing machine segments as part of a global restructuring strategy, marking a shift toward more profitable and future-ready verticals such as HVAC, B2B, and home automation. Tired of too many ads? go ad free now The two segments had been loss-making for the company in India, where it struggled to gain market share. According to GfK data, Panasonic's market share stood at just 1.8% for washing machines and 0.8% for refrigerators, with six consecutive years of sales losses reported in both categories. 'This is in line with our global strategy and evolving market dynamics,' a Panasonic Life Solutions India spokesperson said in a statement, quoted PTI. 'We will focus on HVAC – commercial and residential – and televisions in the Panasonic Consumer Business category, and discontinue washing machines and refrigerators.' The company will support dealers in liquidating existing inventory and will continue to offer full customer service including parts and warranty coverage, the spokesperson added. The decision follows a broader directive by Panasonic Group CEO Yuki Kusumi, who in May announced plans to exit unprofitable businesses globally in order to break stagnation and drive future growth, PTI reported. For its India operations, Panasonic will continue to invest in key verticals such as home automation, electricals, energy solutions, and B2B technologies. Its consumer electronics portfolio—spanning air conditioners, televisions, kitchen appliances, beauty products, and Lumix cameras—will remain intact, the company clarified. 'In our journey towards long-term sustainable growth, we acknowledge that the evolving business model has led to certain roles being restructured,' the spokesperson said. 'This is a difficult but necessary step, and we deeply appreciate the contributions of our impacted employees.' Panasonic India reported revenue of around Rs 11,500 crore in FY25, posting double-digit growth overall.

"Rs 19 Lakh Security Deposit": Canadian Man Stunned By Bengaluru's Rental Norms, Calls It "Bonkers"
"Rs 19 Lakh Security Deposit": Canadian Man Stunned By Bengaluru's Rental Norms, Calls It "Bonkers"

NDTV

timean hour ago

  • NDTV

"Rs 19 Lakh Security Deposit": Canadian Man Stunned By Bengaluru's Rental Norms, Calls It "Bonkers"

Needless to say, housing in Bengaluru is extremely expensive, and finding a decent place to rent or buy can be a real challenge. Recently, a Canadian man living in India sparked a discussion online after expressing shock over the city's rental norms, particularly the requirement of high security deposits. Taking to X, Caleb Friesen shared a screenshot of a property listing for a 3BHK apartment in the city's upscale Diamond District in Domlur. The rent? Rs 1.75 lakh a month. But it was the security deposit, a staggering Rs 19.25 lakh, that left him baffled. "Rs 19 lakh for security deposit! absolutely bonkers what landlords are expecting these days, I could literally buy a new Mahindra Thar for less than this deposit. anyone know of a place in/around Indiranagar with 2-3 months deposit only? rent price range Rs. 80 to 1 lakh," he wrote while sharing the picture of the property listing. Take a look below: Rs. 19 lakh for security deposit! absolutely bonkers what landlords are expecting these days, I could literally buy a new Mahindra Thar for less than this deposit anyone know of a place in/around Indiranagar with 2-3 months deposit only? rent price range Rs. 80 to 1 lakh — Caleb (@caleb_friesen2) June 28, 2025 The post has gone viral on X, garnering more than 43,000 views. It has sparked a discussion about Bengaluru real estate and rental prices. "I'd say that you should be prepared to get your hopes quashed with your requirement. House renting is a mafia in this city," wrote one user. "This is why some finfluencers say that buying houses is a waste of money. According to them paying high amounts as interest free security deposit is better than paying EMIs!" commented another. "I was thinking about moving to Bangalore after I left Chennai. But, after 1st round of interview with that office in based in Bangalore I checked properties around. All of them have sequrity diposit more than my salary. So, dropped idea of moving to Bangalore," shared a third user. "So landlords are demanding a literal kidney's worth of money for deposit. What a joke!!" expressed another. "Actually he is being nice here. It's 10 times the rent in Bangalore. Which is 21 lacs. Crazy!" one user wrote. The post also prompted some hilarious responses. "Don't buy a Thar. That's for special folks only," quipped one user. "Negotiable rent and non-negotiable deposit!" Jokingly said another.

Tata Harrier EV vs Harrier Diesel: Is the Rs 1 lakh premium justified?
Tata Harrier EV vs Harrier Diesel: Is the Rs 1 lakh premium justified?

Hans India

time2 hours ago

  • Hans India

Tata Harrier EV vs Harrier Diesel: Is the Rs 1 lakh premium justified?

With the Tata Harrier EV finally launched, buyers are eager to know whether the electric SUV offers better value than its diesel-powered sibling. Priced at Rs 27.49 lakh (ex-showroom) for the top-spec Empowered RWD variant, the Harrier EV costs roughly Rs 1 lakh more than the Harrier Fearless+ Stealth Edition automatic diesel, which is priced at Rs 26.50 lakh. Dimensions & Storage: Both SUVs are nearly identical in size, but the Harrier EV offers a slight edge with 57 litres more boot space and a frunk (front trunk) of up to 67 litres in the RWD version—something the diesel Harrier lacks entirely. Powertrain Comparison: The Harrier EV gets a 75 kWh battery delivering 238 PS of power and 315 Nm of torque, while the diesel Harrier produces 170 PS and 350 Nm with a 2.0-litre engine. Despite offering slightly less torque, the EV excels in power and offers an impressive claimed range of 627 km on a single charge. Feature Showdown: Both SUVs are well-equipped, but the Harrier EV brings a few extras: Larger 14.5-inch QLED infotainment touchscreen 540-degree camera with transparent terrain view Auto park assist and a digital IRVM with dashcam More powerful Dolby Atmos sound system Wing-type rear headrests and 'boss mode' for co-driver seat 65W fast charging USB-C ports and V2L (Vehicle to Load) capability Shared Features Include: Panoramic sunroof with voice assist Level-2 ADAS Ventilated front seats Dual-zone climate control Wireless Android Auto/Apple CarPlay 360-degree cameras and 7 airbags Verdict: The Harrier EV offers significant improvements in power, tech, comfort, and storage. While its Rs 1 lakh premium over the diesel variant may raise eyebrows, the added features, electric performance, and long-range capability make it a well-rounded and future-ready SUV. Still, for those who frequently drive long distances or lack access to reliable EV infrastructure, the diesel Harrier remains a practical and proven option. But if you're ready to go electric, the Harrier EV more than justifies its premium.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store