NHAI said it relies on the consultants for maintaining quality and supervision of the projects. New Delhi: The National Highways Authority of India (NHAI) on Wednesday said it has debarred Lion Engineering Consultants in association with Synergy Engineering Group from engagement in any NHAI project for six months. NHAI said the firm was engaged for… Continue reading NHAI debars Lion Engineering Consultants from engagement in NHAI projects for 6 months
Author: Economic Times of India Online News
U.S. files second labor complaint in Mexico under trade pact
Cardone Industries Inc, the Philadelphia-based parent company of Tridonex, said it would cooperate with a review but added “we believe the allegations are inaccurate.” By David Lawder and Daina Beth Solomon WASHINGTON: The United States asked Mexico on Wednesday to review whether workers at an auto parts factory were denied labor rights in the second… Continue reading U.S. files second labor complaint in Mexico under trade pact
India loses 5-7% of GDP due to corrosion: International Zinc Association
Continuous Galvanized Rebars are value-added rebars for higher life and low maintenance of infrastructure to provide significant cost savings compared to other corrosion resistant rebar systems. New Delhi: India loses around 5-7 per cent of its Gross Domestic Product (GDP) every year due to corrosion, International Zinc Association (IZA) said on Wednesday. The association also… Continue reading India loses 5-7% of GDP due to corrosion: International Zinc Association
Audio Interview: The U.S. Automotive Industry Update – What You Need to Know
Detroit: GlobalAutoIndustry.com’s latest Audio Interview ‘The U.S. Automotive Industry Update: What You Need features Daron Gifford. Mr. Gifford is Partner, Strategy Consulting Services Leader, Automotive Industry Leader, and Commercial Due Diligence Services Leader for Plante Moran. Mr. Gifford is also one of the automotive industry’s leading experts. [embedded content]In the 13-minute Audio Interview, Mr. Gifford… Continue reading Audio Interview: The U.S. Automotive Industry Update – What You Need to Know
Clean mode of goods transportation can save logistics fuel worth Rs 311 lakh cr: Report
The report outlined solutions for the freight sector related to policy, technology, market, business models and infrastructure development. New Delhi: India can save logistics fuel worth Rs 311 lakh crore from 2020 to 2050 by deploying clean and cost-effective mode of goods transportation, a Niti Aayog report said on Wednesday, and added that the country… Continue reading Clean mode of goods transportation can save logistics fuel worth Rs 311 lakh cr: Report
Spanish EV charger maker Wallbox to go public in $1.5 billion New York SPAC deal
Investors have sought in the sector to replicate the stock market success of electric vehicle (EV) maker Tesla Inc. By Isla Binnie MADRID: Spanish electric-vehicle charger maker Wallbox plans to list on the New York Stock Exchange later this year through a merger with shell company Kensington Capital Acquisition Corp, the companies said on Wednesday.… Continue reading Spanish EV charger maker Wallbox to go public in $1.5 billion New York SPAC deal
MoU to make Ladakh carbon neutral signed
According to CESL, the programme will be based on innovative business models, using carbon credits. New Delhi: Clean energy company Convergence Energy Services has tied up with the Ladakh administration to make the Union Territory carbon neutral. Under an MoU signed between the two, various clean energy and energy efficiency programmes will be implemented. “Beginning… Continue reading MoU to make Ladakh carbon neutral signed
Electric truck maker Lordstown warns of going concern risk
Lordstown, which went public last year through a reverse merger with a special-purpose acquisition company (SPAC), has struggled with the launch of its Endurance pickup truck. The truck is being built at a former General Motors Co plant in northeast Ohio. By Ankit Ajmera and Ben Klayman New Delhi: U.S. electric truck maker Lordstown Motors… Continue reading Electric truck maker Lordstown warns of going concern risk
EU, India trade agreement to benefit domestic exporters: TPCI
In 2020, India’s export to the EU was USD 38.43 billion, while imports stood at USD 33.4 billion. New Delhi: The proposed free trade agreement between India and the European Union would benefit domestic exporters as EU is one of the biggest traditional markets for the country, TPCI said on Tuesday. Trade Promotion Council of… Continue reading EU, India trade agreement to benefit domestic exporters: TPCI
Inflation may challenge markets next year: Morgan Stanley’s chief economist Chetan Ahya
Chetan Ahya, Morgan Stanley’s chief economist Inflation may challenge global financial markets in the middle of 2022, says Morgan Stanley‘s chief economist Chetan Ahya. Edited excerpts from an interview:Which countries in developed markets are taking steps to drive growth? Also what is the role of emerging markets in driving global growth?It is quite broad-based in… Continue reading Inflation may challenge markets next year: Morgan Stanley’s chief economist Chetan Ahya