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Time of India
25-05-2025
- Time of India
Vehicle involvement key for relief under no-fault basis: Karnataka High Court
Karnataka high court has ruled that under Section 163A of the Motor Vehicles (MV) Act, compensation is payable solely based on vehicle involvement in the accident, and not on proof of negligence. The judgment came in favour of two brothers who lost both parents in a road accident 13 years ago. "Once the vehicle is involved, the insurance firm is bound to pay compensation," Justice Lalitha Kanneganti noted, directing Tata AIG General Insurance Company to pay ₹5 lakh each to H Girish and H Yatish. The accident occurred on April 1, 2012 near NH-4, Dodderi village, Nelamangala, around 6.15pm. The victims, Gayathri and her husband Huchcha Hanumaiah, were travelling in a Scorpio when it collided with a Maruti Alto car. Both sustained fatal injuries. The two sons approached the Motor Accident Claims Tribunal, Bengaluru, seeking ₹15 lakh each in compensation, stating they had lost the family's breadwinners. Their father was a police constable and their mother contributed to household income through tailoring. However, on July 11, 2013, the tribunal rejected their claim, holding that the brothers were financially independent — one working as an assistant professor and the other as a technician with a TV channel — and that there was no evidence of rash driving by the Alto driver. It thus deemed the application as not maintainable. The high court, on appeal, observed that the tribunal had erred by applying the standard of negligence, which is relevant only under Section 166 of the Act. Justice Kanneganti clarified that Section 163A operates on a no-fault basis. Relying on the Supreme Court's ruling in the New India Assurance Co Ltd versus Urmila Halder case, the high court allowed the appeal and ordered the insurance company to disburse ₹10 lakh in total compensation to the appellants.
Time of India
24-05-2025
- Automotive
- Time of India
Vehicle involvement key for relief under no-fault basis: Karnataka High Court
Bengaluru: Karnataka high court has ruled that under Section 163A of the Motor Vehicles (MV) Act, compensation is payable solely based on vehicle involvement in the accident, and not on proof of negligence. The judgment came in favour of two brothers who lost both parents in a road accident 13 years ago. "Once the vehicle is involved, the insurance firm is bound to pay compensation," Justice Lalitha Kanneganti noted, directing Tata AIG General Insurance Company to pay Rs 5 lakh each to H Girish and H Yatish. The accident occurred on April 1, 2012 near NH-4, Dodderi village, Nelamangala, around 6.15pm. The victims, Gayathri and her husband Huchcha Hanumaiah, were travelling in a Scorpio when it collided with a Maruti Alto car. Both sustained fatal injuries. The two sons approached the Motor Accident Claims Tribunal, Bengaluru, seeking Rs 15 lakh each in compensation, stating they had lost the family's breadwinners. Their father was a police constable and their mother contributed to household income through tailoring. However, on July 11, 2013, the tribunal rejected their claim, holding that the brothers were financially independent — one working as an assistant professor and the other as a technician with a TV channel — and that there was no evidence of rash driving by the Alto driver. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trade Bitcoin & Ethereum – No Wallet Needed! IC Markets Start Now Undo It thus deemed the application as not maintainable. The high court, on appeal, observed that the tribunal had erred by applying the standard of negligence, which is relevant only under Section 166 of the Act. Justice Kanneganti clarified that Section 163A operates on a no-fault basis. Relying on the Supreme Court's ruling in the New India Assurance Co Ltd versus Urmila Halder case, the high court allowed the appeal and ordered the insurance company to disburse Rs 10 lakh in total compensation to the appellants. Get the latest lifestyle updates on Times of India, along with Brother's Day wishes , messages and quotes !
India.com
20-05-2025
- Automotive
- India.com
Most Affordable 7-Seater Cars In India - One Priced Like An Alto, Two Diesel SUVs Included
Renault Triber: It is priced between Rs 6.15 lakh and Rs 8.98 lakh (ex-showroom, Delhi). Notably, the base variant of the Triber costs nearly the same as the top variant of the Maruti Alto, which is priced at Rs 6.21 lakh (ex-showroom). Powering the Triber is a 1-litre, 3-cylinder petrol engine that delivers 72 PS and 96 Nm.
Hindustan Times
28-04-2025
- Hindustan Times
Mohali: Purse containing ₹1L stolen from parked car in Phase-5 market
Phase-1 police on Saturday booked an unidentified person for stealing a lady's purse containing ₹1 lakh, an ATM card, and other documents from a locked car parked in the Phase 5 market on Thursday. Complainant Supreet Singh of Jalandhar told the police that he, along with his family, was heading to Delhi and had stopped in Mohali for having dinner. After parking the car in the said market and leaving the purse, belonging to his wife, on its back seat, the family headed to a restaurant. However, when the family members came back after an hour, they found the rear side window glass of the car broken and the purse missing. After informing the police control room, the Phase-1 police team reached the spot for inspection. Police are scrutinising nearby CCTV cameras to trace the accused. Notably, the battery of a Maruti Alto car parked in the said market was also stolen last month. Phase-1 police have booked the unidentified accused under Sections 303(theft) and 324 (4) (mischief involving intentional destruction or damage to property) of the Bharatiya Nyaya Sanhita (BNS).
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Business Standard
25-04-2025
- Automotive
- Business Standard
Maruti Suzuki shares extend fall as Q4 profit slips 4%; key takeaways here
The auto maker's net profit for the fourth quarter declined 4 per cent Y-o-Y to ₹3,711.1 crore SI Reporter Mumbai Shares of Maruti Suzuki India fell over 2 per cent on Friday after the automobile giant's profit fell 4 per cent year-on-year (Y-o-Y) in the fourth quarter of the financial year 2025 (FY25). Maruti Suzuki's stock fell as much as 2.3 per cent during the day to ₹11,619 per share. The stock trimmed losses to trade 2 per cent lower at ₹11,653 apiece, compared to a 0.83 per cent decline in Nifty50 as of 2:45 PM. The company's shares extended their fall for the second day on Friday, after having recovered about 8 per cent from their recent lows of 11,059, which it hit early this month. The stock has risen 7.8 per cent this year, compared to a 1.7 per cent advance in the benchmark Nifty50. The company has a total market capitalisation of ₹3.6 trillion, according to BSE data. Maruti Suzuki Q4 analysis The auto maker's net profit for the fourth quarter declined 4 per cent Y-o-Y to ₹3,711.1 crore. The company's revenue from operations grew 6.4 per cent to ₹40,673.8 crore, compared to ₹38,234.9 crore in the corresponding quarter last year. Analysts tracked by Business Standard expected the company's revenue to grow 6.5 per cent Y-o-Y to ₹40,715 crore, and profit after tax (PAT) to decline by 3.3 per cent Y-o-Y to ₹3,749.37 crore. Earnings before interest, taxes, depreciation, and amortisation (Ebitda) stood at ₹4,264.7 crore, down 9 per cent. Ebitda margin contracted to 10.5 per cent in Q4 FY25 from 12.3 per cent the year before. Adverse commodity prices, higher advertisement expenses, higher manufacturing overheads and administrative expenses were cited for the reduced in the margins during the quarter. Maruti Suzuki Q4 sales highlights During the quarter, the company achieved its highest-ever quarterly sales, delivering a total of 604,635 units. Its domestic sales rose by 2.8 per cent to 519,546 units, while exports increased by 8.1 per cent to 85,089 units, leading to an overall volume growth of 3.5 per cent. Net sales for the quarter stood at ₹38,848.8 crore, up from ₹36,697.5 crore in the same period last year. Additionally, the automobile company also announced a dividend on equity shares at ₹135 per share, aggregating to ₹4,244.4 crore for FY25. About Maruti Suzuki Maruti Suzuki India is India's largest passenger car company accounting for over 50 per cent of the domestic car market. The company offers full range of cars from entry level Maruti Alto to stylish hatchback Ritz A-star Swift Wagon R Estillo and sedans DZire SX4 and Sports Utility Vehicle Grand Vitara. The company became a subsidiary of Suzuki Motor Corporation (SMC) in 2002.
