Mahindra looking to setup CKD assembly plant in South Africa

The study will allow Mahindra South Africa and IDC to make an informed assessment before any future decisions are taken. Mahindra South Africa, the local subsidiary of the Indian automative giant, has signed a Memorandum of Understanding with the Industrial Development Corporation (IDC) to undertake an in-depth feasibility study on the potential establishment of a… Continue reading Mahindra looking to setup CKD assembly plant in South Africa

State governments should not tax minerals excessively: Union Mines Minister

He also said the centre has requested a review of the apex court verdict. State governments should avoid levying higher taxes on minerals since this makes end-products like steel and cement more expensive, Union Mines Minister G Kishan Reddy said Thursday. Addressing a press conference on the Indian mining sector, he said while states can… Continue reading State governments should not tax minerals excessively: Union Mines Minister

ThunderPlus launches high-speed EV charging station at NMDC headquarters in Hyderabad

ThunderPlus said that it plans to continue expanding its network of high-speed EV charging stations across India. EV charging solutions provider, ThunderPlus, has launched its first fast-charging station at the National Mineral Development Corporation (NMDC) headquarters in Hyderabad. NMDC, a Navaratna PSU renowned for its commitment to sustainable mining practices, has partnered with ThunderPlus to… Continue reading ThunderPlus launches high-speed EV charging station at NMDC headquarters in Hyderabad

Want to make Made in India synonymous with quality: Venu Srinivasan

Srinivasan belongs to the family of TV Sundram Iyengar, founder of the TVS Group, which was established in 1911. One of the most significant decisions Venu Srinivasan made early on was to strike out on his own, establishing TVS Motor as a quality-driven global brand. “Being one of the earliest companies outside of Japan to… Continue reading Want to make Made in India synonymous with quality: Venu Srinivasan

JBM Auto forms EV subsidiary for battery services

Updated On Feb 26, 2025 at 06:38 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals JBM Auto will hold 100% shareholding in the subsidiary, which has been established with an authorised share capital of INR 10 lakh and paid-up share capital of INR 5 lakh. New Delhi: JBM Auto has incorporated… Continue reading JBM Auto forms EV subsidiary for battery services

Inpex CEO says buyers’ interest for Indonesia’s Abadi LNG exceeds planned output

He declined to comment on the Alaska LNG project, but stressed that any upstream investment must be economically viable, citing past exits from unprofitable U.S. shale oil projects. Inpex Corp, Japan’s biggest oil and gas explorer, says it has received interest to buy liquefied natural gas from its USD 20 billion Abadi LNG project in… Continue reading Inpex CEO says buyers’ interest for Indonesia’s Abadi LNG exceeds planned output

US, Ukraine agree to terms of critical minerals deal

“They say this gives him (Trump) real skin in the game. I think there is real logic to that,” Anderson said. The U.S. and Ukraine have agreed on the terms of a draft minerals deal central to Kyiv’s push to win Washington’s support as President Donald Trump seeks to rapidly end the war with Russia,… Continue reading US, Ukraine agree to terms of critical minerals deal

EU will ask India to cut tariffs on cars, wine to boost ties, reduce reliance on China

Leyen will meet Indian Prime Minister Narendra Modi on Friday, followed by discussions with trade minister Piyush Goyal. The European Union plans to urge India to lower its high tariffs on cars and wine to boost trade, as it seeks to reduce its reliance on China, a senior official from the bloc said, ahead of… Continue reading EU will ask India to cut tariffs on cars, wine to boost ties, reduce reliance on China

Capability assessment workshop on drones and autonomous systems concludes at IIT Kanpur

The strategic efforts will propel India’s self-reliance in drone technology while fostering innovation and industry collaboration. A workshop on drones and autonomous systems at IIT Kanpur, held in collaboration with MP-IDSA, brought together experts from the government, military, and industry to discuss India’s progress in drone technology and the steps needed to strengthen its ecosystem.… Continue reading Capability assessment workshop on drones and autonomous systems concludes at IIT Kanpur

Work on road projects worth Rs 80,000 cr will soon start in Assam: Gadkari

“Work on projects worth Rs 60,000 crore is already underway in the state and in various stages of completion.” Work on road projects worth Rs 80,000 crore will soon start in Assam, Road Transport Minister Nitin Gadkari said on Wednesday. Addressing virtually a session on the road, railway and riverine infrastructure at the Advantage Assam… Continue reading Work on road projects worth Rs 80,000 cr will soon start in Assam: Gadkari