Tata Motors, two group finance firms accused of antitrust violations in India: Sources

India’s competition regulator is examining allegations that Tata Motors and two finance firms of its $100 billion parent group abused their market position while selling commercial vehicles, according to three sources and legal documents seen by Reuters. The Competition Commission of India (CCI) is reviewing a complaint which alleges the country’s biggest seller of trucks dictated terms around the quantity and type of vehicles its former dealer in northern India – Varanasi Auto Sales – should stock. More than a dozen lawyers representing the three Tata companies attended a private hearing at…

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Tata Motors announces Ziptron technology to power its future electric vehicles

Tata Motors launched an indigenously developed technology for electric vehicles, called Ziptron. The company claims this technology or the platform it provides has been built with the Indian conditions in view and will offer a reliable powertrain for electric vehicles. The highlight of the Ziptron announcement will definitely be the company’s claim that they would be able to offer a massive eight years warranty on the battery and the motor of the vehicles powered by Ziptron. This would be a path-breaking feature for automobiles since the existing vehicles running on fossil fuels…

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