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India's Ministry of Corporate Affairs started the probe after an analysis of MG Motor India's statements indicated suspicious related-party transactions, alleged tax evasion, under- and over-invoicing of bills. MG Motor India said it is providing the required records and information to the MCA.

Mahindra's sales remained strong in the SUV space with 32,226 units sold in October, as against 20,034 units sold during the same period last year.

However, compare this number to what the company achieved in September this year and you notice that sales are down by more than 14 per cent.

Ola Electric reported sales of 20,000 electric two-wheelers in October 2022, the highest of any electric two-wheeler manufacturer in India. This is the company’s best ever monthly sales performance.

Hero MotoCorp is all set to launch the updated Hero XPulse 200T 4V in India soon. The biggest two-wheeler company in India teased the upcoming model on its social media handles.

Tata Motors witnessed a strong demand for its EVs as well, with the company selling 4277 units overall, registering a growth of 158 per cent over the same period last year.

While wearing seatbelts has always been mandatory under the Vehicles (Amendment) Act, 2019, under section l94(B) (1), it's now being seriously enforced in the financial capital and is a punishable offence.

Ather Energy has registered its highest ever monthly sales for the third month on the trot, selling 8,213 units in October 2022, which is a massive 122 per cent growth.