Pratap Bose, Executive Vice President and Chief Design Officer In a move to put design at the centre of its future offerings from two wheelers to trucks, Mahindra & Mahindra, the maker of XUV and Thar sports utility vehicles, on Friday announced creating a new global design organisation for the automotive and farm equipment sector.… Continue reading M&M revamps its design set up, Create a new Global Design Organisation and ropes in Pratap Bose to lead it
Author: Economic Times of India Online News
Phased unlocking likely to restore two-thirds of non-farm jobs lost since May: CMIE
New Delhi: The gradual unlocking process across India is likely to restore about two-thirds of the 25 million non-farm jobs lost following the lockdown in May, according to the Centre for Monitoring Indian Economy (CMIE). “This relentless loss of employment can be expected to abate somewhat in the coming weeks as many parts of the… Continue reading Phased unlocking likely to restore two-thirds of non-farm jobs lost since May: CMIE
Volkswagen U.S. CEO meets with EPA administrator on EVs
The largest German automaker has embraced electric vehicles after it came under fire for diesel emissions cheating. Volkswagen said in March it expects half of its U.S. sales by 2030 to be EVs and is spending tens of billions on EVs. By David Shepardson New Delhi: Volkswagen AG’s top U.S. executive met with the head… Continue reading Volkswagen U.S. CEO meets with EPA administrator on EVs
Schlumberger New Energy announced collaboration with Panasonic Energy for sustainable lithium extraction and production
New Delhi: Schlumberger New Energy and Panasonic Energy of North America, a division of Panasonic Corporation of North America, announced today that they have entered into a collaboration agreement for the validation and optimization of the innovative and sustainable lithium extraction and production process to be used by Schlumberger New Energy at its Neolith Energy… Continue reading Schlumberger New Energy announced collaboration with Panasonic Energy for sustainable lithium extraction and production
Cost-effective, clean, and optimised freight transport system key for India’s growth: Report
Trucks and other vehicles handle most of the movement of these goods. Railways, coastal and inland waterways, pipelines, and airways account for the rest, the report added. NEW DELHI: Moving freight to rail and optimising truck use, India can reach its goal to reduce logistics cost from 14% of GDP to 10% by 2022 and… Continue reading Cost-effective, clean, and optimised freight transport system key for India’s growth: Report
CEAT Specialty conducts COVID vaccination drive for its customers, employees
CEAT’s supply chain team has worked tirelessly to ensure that tyres reach the customers in the shortest possible time. Mumbai: CEAT Specialty conducted a two day COVID-19 vaccination camp at its Ambernath plant to inoculate its employees and customers. The camp saw an enthusiastic participation and a total of 305 people were inoculated. Amit Tolani,… Continue reading CEAT Specialty conducts COVID vaccination drive for its customers, employees
Organisations align hiring to scale up for operational roles amid pandemic: Survey
As essential business activities were prioritised during the pandemic, organisations aligned their hiring to scale up for the operational roles. Notwithstanding the COVID-19 pandemic, organisations aligned their hiring to scale up for the operational roles, and sectors like healthcare, e-commerce and financial services led the recruitment activity in January-March 2021, a survey said on Thursday.… Continue reading Organisations align hiring to scale up for operational roles amid pandemic: Survey
Continental India launches initiative to boost women workforce participation
Through the women for manufacturing programme, the company aims to create a sustainable ecosystem of skilled women force, creating more opportunities within the industry. Mumbai: Technology company Continental India on Thursday said it has launched an initiative to boost women workforce participation in manufacturing, in association with Centrum Foundation through various skill development programmes. As… Continue reading Continental India launches initiative to boost women workforce participation
Italy aims to generate over 1 billion euro investments for gigafactory, sources say
Rome’s plan is to set up a large public-private partnership (PPP) scheme with a stake held by Stellantis even though other options are also being considered, one of the sources said. By Stephen Jewkes, Giuseppe Fonte and Giulio Piovaccari New Delhi: Italy aims to spur total investments of more than one billion euros ($1.22 billion)… Continue reading Italy aims to generate over 1 billion euro investments for gigafactory, sources say
Centre approves allotment of 5 MHz spectrum in 700 MHz frequency band to Railways
With this spectrum, the Railways has envisaged to provide LTE (Long Term Evolution) based Mobile Train Radio Communication on its route. The estimated investment in the project is more than Rs 25,000 crore. The project will be completed in the next 5 years. New Delhi : The Central government has approved the allotment of a… Continue reading Centre approves allotment of 5 MHz spectrum in 700 MHz frequency band to Railways