69 percent of survey respondents are also worried about the security of their biometric data shared with connected vehicles. India tops the chart amongst nations who are concerned about data protection, the survey added. Only 36 percent of the respondents in Germany and 46 percent in the US felt the need to have increased vehicle connectivity in their vehicles compared to 80 in India. … [Read more...] about 64% of India’s GenY, GenZ questions need to own a car, finds Deloitte survey
Refinance on investment property
A source who attended the meeting told Moneycontrol, "CBDT has laid down strategies for collecting more tax in the next two months. These include identifying those companies that have discrepancies in the payment of Good and Service Tax and Income Tax, and taking 20 percent of this amount from those companies whose appeals are pending at the Commissioner level. Currently, appeals worth around Rs 3.6 lakh crore are pending at the CIT level, from which 20 percent of the money will directed to the tax collection kitty." … [Read more...] about CBDT says income tax shortfall ‘non-neogtiable’, instructs top brass to pull up their socks to meet FY20 target
"We at Ashok Leyland have believed in indigenously developing innovative engine technology and after treatment solutions that suit Indian conditions. Our new BS-VI iGen6 technology, developed in-house, is suited for Indian operating conditions," Ashok Leyland Chief Operating Officer Anuj Kathuria said in the release. … [Read more...] about Ashok Leyland delivers 1st batch of BS-VI compliant trucks in Delhi-NCR
Despite the slowdown luxury carmakers will not go slow on launches. Mercedes-Benz, the country’s largest luxury carmaker, will launch more than 10 models in India this year.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about Audi to launch A8L on February 3
SPEED IS IMPORTANT From supersonic jets to hyperloop projects and high-speed trains, the transportation industry is exploring creative measures to slice travel times for passengers. Harris sees a big opportunity to ramp up train speeds around the country. Amtrak’s high-speed Acela service already operates in the Northeast, with new Acela trains expected to debut next year. And Amtrak trains regularly reach speeds of 110 mph in some areas, such as between Detroit and Chicago. But Harris said there are many areas where existing rail infrastructure can be upgraded to deliver higher-speed trains to consumers. “We have about 30 different opportunities around the country where we can build on existing infrastructure,” he said. … [Read more...] about What’s driving disruption in transportation?