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BMW to increase localization to 50 per cent

News Luxury car major BMW India will increase the localization of  its vehicles to 50 per cent, which is in line with the Make-in-India programme. BMW has localised production of engines and gearboxes at its Chennai plant with a capacity to produce 14,000 vehicles per year About 95 per cent of cars ...

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121 cases against HSBC account holders : Black Money

News The Income Tax department filed 121 cases for prosecution of  entities whose names have appeared in the HSBC Geneva bank Undisclosed income  of Rs 4,800 crore has been brought under tax net in these cases at the end of the last fiscal. A report  has been sent to the Special Investigation ...

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Integrated Border Management System: Proposal cleared

News Government has cleared the proposal of ‘integrated border management system’. It comprises of thermal imaging, fiber optics communication, radars scanner and sensors, which will be installed at the eight rivulets along the IB. It is expected to reduce infiltration through riverine stretches on the international border. There is about 145.876 ...

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