Jaiprakash Associates, aka the Jaypee Group, are recouping some of the Rs. 1800 crores that they invested in the Buddh International Circuit by allowing super-rich amateurs to rent the track out when it's idle.
IIT Bombay has unveiled a custom designed electric car named EVo1 to take part in the Formula Student competition to be held at the Silverstone circuit in the UK in July.
The competition is a testing ground for the next generation of world-class engineers and it challenges university students from around the world to design and build a single-seat racing car.