Kalyani Powertrain’s partnership with AMD will introduce advanced EPYC-based server technologies to India, strengthening the country’s data infrastructure. The electronics division of Kalyani Powertrain, a wholly-owned subsidiary of Bharat Forge, has formed a partnership with AMD (Advanced Micro Devices) to enter the Indian server market. This collaboration represents a significant step in advancing India’s server… Continue reading Kalyani Powertrain partners with AMD to strengthen India’s server infrastructure
Author: Economic Times of India Online News
Nucor Corp projects lower Q1 2025 profit amid weak steel prices
Nucor Corp on Thursday forecast first-quarter 2025 profit below estimates as a weak steel pricing environment continues to weigh on its average selling prices, sending the steelmaker’s shares down 4 per cent after the bell. On an adjusted basis, the Charlotte, North Carolina-based company expects first-quarter earnings to be in the range of 50 cents… Continue reading Nucor Corp projects lower Q1 2025 profit amid weak steel prices
Jindal Stainless CFO Anurag Mantri resigns
Anurag Mantri Indian stainless-steel manufacturer, Jindal Stainless Ltd. has announced the resignation of Group CFO, Anurag Mantri with effect from April 5, 2025. He cites the pursuit of new professional opportunities as the reason for his resignation, according to a company stock filing. A seasoned finance professional with more than 25 years of work experience,… Continue reading Jindal Stainless CFO Anurag Mantri resigns
India crosses 1 billion tonnes coal output; PM Modi says proud moment for country
As per the Ministry of Coal Action Plan FY 2024-25, the coal production / offtake target for current fiscal is 1,080 million tonnes. India crossed a record milestone of 1 billion tonnes of coal production in the current fiscal, a landmark, which Prime Minister Narendra Modi described as a proud moment for the country, showing… Continue reading India crosses 1 billion tonnes coal output; PM Modi says proud moment for country
India’s renewable energy sector observes job surge, but attrition remains a challenge
Demand for specialised skills is on the rise especially in engineering, project management, data analytics, and sustainable energy solutions. New Delhi: As India pushes towards its goal of 500 GW of non-fossil fuel capacity by 2030, employment in the renewable energy sector is projected to grow by 18.9per cent this fiscal year, according to TeamLease… Continue reading India’s renewable energy sector observes job surge, but attrition remains a challenge
Montra Electric teams up with Steam-A to enhance EV charging network
This is expected to create a more cost-effective and reliable charging ecosystem, facilitating the broader adoption of electric mobility, the company said. Montra Electric has entered into a strategic partnership with Steam-A to integrate the iris EV charging management suite into its powerdock charging network. This collaboration will strengthen the company’s efforts to expand its… Continue reading Montra Electric teams up with Steam-A to enhance EV charging network
India’s $23 billion plan to rival China factories to lapse after it disappoints
The hope was to raise the share of manufacturing in the economy to 25% by 2025. Indian Prime Minister Narendra Modi’s government has decided to let lapse a $23 billion program to incentivise domestic manufacturing, just four years after it launched the effort to woo firms away from China, according to four government officials. The… Continue reading India’s $23 billion plan to rival China factories to lapse after it disappoints
Telangana seeks MeitY nod for pending semiconductor projects
Karnataka IT minister Priyank Kharge told ET, “These are serious applications which we have come across because of their willingness to invest in Karnataka because of the ecosystem here.” Telangana expects to get approval from the Ministry of Electronics and Information Technology (MeitY) to three semiconductor investment proposals in the state, a senior official said.… Continue reading Telangana seeks MeitY nod for pending semiconductor projects
Hero acquires stake in Euler
Updated On Mar 21, 2025 at 08:33 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Hero MotoCorp is also an early investor and now a majority stakeholder in electric two-wheeler maker Ather Energy. The country’s largest two-wheeler maker Hero MotoCorp Thursday said it will make a strategic investment of Rs 525… Continue reading Hero acquires stake in Euler
India aims to slash logistics costs to single digits
Nitin Gadkari, Minister for Road Transport & Highways emphasised the nation’s commitment to reducing logistics costs from the current 14-16 per cent to single digits, positioning India to compete effectively with global economic powerhouses like China and the US, at 32nd Convergence India & 10th Smart Cities India Expo. This year’s expo features advancements in… Continue reading India aims to slash logistics costs to single digits