New Delhi: The Energy and Resources Institute (TERI) has unveiled a comprehensive policy brief titled “Green Hydrogen – Path to Decarbonization,” presenting a detailed roadmap to bolster India‘s green hydrogen mission and align with its carbon neutrality goals. Emphasizing innovation, competitive procurement, and government-backed initiatives, TERI’s report explores the multiple hurdles and opportunities in building… Continue reading India’s push for green hydrogen: TERI policy brief calls for pilot projects, subsidies, and SPVs
Author: Economic Times of India Online News
Tata Motors eyes strong H2 for JLR; keeps close watch on November PV demand
During Q2 FY25, PV volumes were at 1.30 lakh units, marking a year-on-year (YoY) degrowth New Delhi: Auto major Tata Motors saw customer demand for passenger vehicles (PVs) during October turn out to be “stronger than expected”. Fuelled by the buoyant festive season during the month, its inventory levels at the dealerships are now at… Continue reading Tata Motors eyes strong H2 for JLR; keeps close watch on November PV demand
Tata Motors reports 9.9% decline in Q2 net profit, eyes recovery in H2 amid inventory and supply challenges
The company’s passenger vehicle sales volume decreased 6.1% to 1,30,500 units compared to the same quarter last year. Tata Motors experienced a 9.9% decrease in consolidated net profit for the second quarter of the 2024 fiscal year, ending September 2024. The company reported a profit of INR 3,450 crore, down from INR 3,832 crore in… Continue reading Tata Motors reports 9.9% decline in Q2 net profit, eyes recovery in H2 amid inventory and supply challenges
India’s climate policies expected to reduce CO2 emissions by around 4 billion tonnes by 2030: Report
According to the report, in the power sector alone, policies promoting renewable energy are expected to drive a 24% decline in coal-based electricity generation by 2030. India’s current climate policies are projected to reduce carbon dioxide emissions by around four billion tonnes between 2020 and 2030, and drive a 24% reduction in coal-based power generation,… Continue reading India’s climate policies expected to reduce CO2 emissions by around 4 billion tonnes by 2030: Report
What is fuelling M&M’s growth even as the auto sector is slowing down? Anish Shah explains
Mahindra Group CEO and MD Anish Shah Anish Shah, Group CEO & MD, Mahindra Group, says what is helping the company stay ahead of the industry is a function of the products that they have tried to develop products which are not only the best in their segment but compete with maybe even a couple… Continue reading What is fuelling M&M’s growth even as the auto sector is slowing down? Anish Shah explains
Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell
Quarterly sales fell to 2.9 trillion yen (USD 19 billion) from 3.1 trillion yen. Nissan reported Thursday a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned, prompting the Japanese automaker to slash 9,000 jobs. Chief Executive Makoto Uchida said he was taking a 50% pay cut to… Continue reading Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell
Dollar’s post-Trump win rally wanes, in slight relief for rupee
The Federal Reserve cut rates by 25 basis points on Thursday, as expected, and Chair Jerome Powell flagged a careful, patient approach to future reductions. The Indian rupee is set to open higher on Friday, helped by the U.S. dollar reversing a large part of the rally that was spurred by Donald Trump’s U.S. election… Continue reading Dollar’s post-Trump win rally wanes, in slight relief for rupee
Manufacturing will play pivotal role in shaping Viksit Bharat
From a luxury original equipment manufacturer (OEM) perspective, we view automotive manufacturing growth passively related to the Indian market’s high growth potential. India is discussed more often these days at our headquarters and in board meetings, more than ever in the last 10-15 years. Is this because of ‘India Ascends’, which is increasingly becoming one… Continue reading Manufacturing will play pivotal role in shaping Viksit Bharat
TVS Mobility flags off a INR 2,000 cr fundrace
TVS Mobility owns a 24.35% stake in the listed TVS Supply Chain Solutions. TVS Mobility, the family office of TS Rajam and his successors, has tapped banks and credit funds to raise .INR 2,000 crore for capital expenditure by the businesses in its fold and for debt repayments, according to people aware of the matter.… Continue reading TVS Mobility flags off a INR 2,000 cr fundrace
Recycle, Reuse, Reinvent for a resource-efficient auto sector
Updated On Nov 8, 2024 at 08:06 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals These recycled materials typically find their way into body panels, body parts, bumpers, wiring and electrical components, tyres, insulation materials and seating. New Delhi: The use of recycled materials in new vehicle production, and the recyclability… Continue reading Recycle, Reuse, Reinvent for a resource-efficient auto sector