August 2, 2024

New FASTag Regulations

New FASTag Regulations: Replacement and Updates Required for Older Tags

Effective August 1, the National Payments Corporation of India (NPCI) has introduced new regulations for the FASTag electronic tolling system. These changes primarily affect vehicle owners with FASTags issued over three years ago, requiring updates and replacements to ensure accurate and comprehensive data. Key Changes: Replacement of FASTags Older Than Five Years: FASTags issued five […]

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Mahindra Thar and Scorpio Order Backlog Reduced by 30%

Mahindra Thar and Scorpio Order Backlog Reduced by 30%

In its latest results presentation for the April to June quarter, Mahindra announced a significant reduction in its pending orders, which have decreased by nearly 20% from 2.22 lakh units to 1.78 lakh units. Notably, the order backlog for its popular models, including the Thar, Scorpio, and Scorpio N, has dropped by approximately 30%. However,

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