The judge observed that the claimants are only entitled to get compensation under Section 140 of the Act which says that in the event of death or permanent disablement of any person resulting from motor vehicle accidents, the owner of the vehicle is liable to pay Rs 50,000 in case of deaths and Rs 25,000… Continue reading HC cuts accident relief from Rs 8L to Rs 50,000
Author: Economic Times of India Online News
Sonalika Tractors setting up oxygen plant at St Stephen’s Hospital
New Delhi: Sonalika Tractors on Tuesday said it is setting up a new oxygen plant at St. Stephen’s Hospital to support COVID-19 patients. The company said it has been supporting the Delhi-based hospital from the start of the pandemic in 2020, with an estimated cumulative contribution of Rs 1.6 crore, including the upcoming pressure swing… Continue reading Sonalika Tractors setting up oxygen plant at St Stephen’s Hospital
Renault Nissan worker-management dispute to go for arbitration
During the course of the case in the High Court the two parties agreed to go for arbitration and the arbitrator was also agreed upon, he said. Chennai: For the first time in the Tamil Nadu management-labour dispute over wage revision, bonus payment, reinstatement of dismissed workers is sought to be settled by arbitration. This… Continue reading Renault Nissan worker-management dispute to go for arbitration
BMW Group India pledges INR 8 crore for medical services of COVID-19 patients
BMW India Foundation is also working to strengthen the healthcare infrastructure. An Isolation Ward and PCR Lab have been created at Chengalpattu Government Hospital with further commitment to provide RT-PCR lab equipment and microbial detection systems to expand COVID-19 testing. New Delhi: BMW Group India has enhanced its contribution by INR 5 crore, to total… Continue reading BMW Group India pledges INR 8 crore for medical services of COVID-19 patients
Yulu, aided by Puma, plans free oxygen concentrator supply to COVID-19 patients
To get these oxygen concentrators one should visit https://pranvayu.yulu.bike/ and discuss with a Yulu staff member to provide a few basic details. After validation, Yulu’s on ground staff,- the Yulu Warriors, will deliver the oxygen concentrators at the patients’ doorstep, free of cost. A fully refundable deposit of INR 5000 per concentrator is collected at… Continue reading Yulu, aided by Puma, plans free oxygen concentrator supply to COVID-19 patients
Musk jolts Bitcoin higher with push to burnish miners’ image
Elon Musk continued to toy with the price of Bitcoin Monday, taking to Twitter to indicate support for what he says is an effort by miners to make their operations greener. Musk and Michael Saylor, another long-time Bitcoin booster, tweeted that they held a call with major North American miners, including Michael Novogratz’s Galaxy Digital… Continue reading Musk jolts Bitcoin higher with push to burnish miners’ image
Pratekk Agarwaal joins PumPumPum as Advisor
New Delhi: Fintech mobility company PumPumPum on Monday announced the appointment of Pratekk Agarwaal as Advisor to the board. Agarwaal, a former CBO at Bharatpe, has served as Director for the NBFC license process with RBI. An alumnus of IIM–Kozhikode, he comes with over 18 years of multi-industry expertise in building organisations including Bajaj Finserv/Bajaj… Continue reading Pratekk Agarwaal joins PumPumPum as Advisor
Simple Energy appoints Raghunath Subramanian to its board
Subramanian, who is also the board member and non-executive chairman of the India unit of the Romanian Software company UiPath, has invested an undisclosed amount in Simple Energy along with joining its board, Rajkumar said. Mumbai: EV maker Simple Energy on Monday announced the appointment of Raghunath Subramanian to its board ahead of the launch… Continue reading Simple Energy appoints Raghunath Subramanian to its board
EV adoption gains momentum; not to impact traditional players immediately
Government policies are in the right direction: EV penetration is expected to be driven by stringent emission norms, incentive schemes, well-defined long-term policies, standardization of charging infrastructure and a structured approach to reduce dependency on imports. Mumbai: The recent moves of the automotive companies across the value chain on the product line up and investment… Continue reading EV adoption gains momentum; not to impact traditional players immediately
Rajiv Gupta quits Honda Cars; Jonis Tricolite as CEO
Rajiv, an MBA from FMS and BE from Birla Institute of Technology and Sciences Pilani, joined Honda Cars in 1996 as manager of marketing. New Delhi: Former vice president (sales and marketing) Honda Cars India Ltd (HCIL) Rajiv Gupta has ended his second stint with the Japanese carmaker and joined Tricolite Electrical Industries as chief… Continue reading Rajiv Gupta quits Honda Cars; Jonis Tricolite as CEO