The country aims to expand crude steel capacity to 300 million tons by 2030-31. India will achieve its target of expanding steel production capacity to 300 million tons by 2030, the Steel Secretary Sandeep Poundrik said on Thursday, as the government seeks to reduce import dependence and support domestic industry. The country, the world’s second-largest… Continue reading India confident of achieving steel production target by 2030, official says
Author: Economic Times of India Online News
Atlantic Lithium seeks concessions to salvage Ghana project
Government officials from Ghana’s mining sector regulator and relevant ministries did not respond to requests for comment. Australia-based miner Atlantic Lithium said it has appealed to Ghana’s government for fiscal concessions to salvage its Ewoyaa project, as plummeting global prices threaten the viability of what would be the West African nation’s first lithium mine. “We… Continue reading Atlantic Lithium seeks concessions to salvage Ghana project
Livguard appoints Sameer Nagpal as MD & CEO
Sameer Nagpal Livguard, a leading Indian brand specialising in energy storage and solar solutions under the SAR Group, has appointed Sameer Nagpal as its new Managing Director (MD) & Chief Executive Officer (CEO). He will spearhead the company’s next phase of growth and innovation in the renewable energy sector. The renewable energy sector, particularly solar… Continue reading Livguard appoints Sameer Nagpal as MD & CEO
Trump to exempt carmakers from some US tariffs, FT says
This impacts the company’s plan to start mass production of its much-anticipated models. U.S. President Donald Trump is planning to spare carmakers from some tariffs following intense lobbying by industry executives over recent weeks, the Financial Times reported on Wednesday, citing a couple of people familiar with the matter. Car parts would be exempted from… Continue reading Trump to exempt carmakers from some US tariffs, FT says
India consumer, EV story remains unchallenged, says IPO-bound Ather Energy
But all the other growth levers–R&D, Capex and marketing have been left intact, he added. India consumer and EV story remains unchallenged even amid the ongoing tariff war, electric two wheeler maker Ather Energy said on Wednesday as it fixed a price band of Rs 304 to Rs 321 apiece for its Rs 2,981-crore IPO… Continue reading India consumer, EV story remains unchallenged, says IPO-bound Ather Energy
EV firm PURE introduces 5MWh grid storage product; lines up ₹400 cr for capacity expansion
“We have harnessed our deep expertise in battery technology and power electronics to create a grid scale product,” he added. Electric two-wheeler firm PURE on Wednesday said it has introduced a battery based 5MWh grid storage product for grid stability and accelarting the integration of renewable energy sources. The PuREPower grid product is expected to… Continue reading EV firm PURE introduces 5MWh grid storage product; lines up ₹400 cr for capacity expansion
CARS24 acquires auto forum Team-BHP
New features will be introduced to help members make smarter automotive decisions. CARS24, a leading auto-tech platform in India, has acquired India’s largest automotive forum Team-BHP. CARS24 will collaborate with Team-BHP to improve platform capabilities and enhance the user experience. The deal amount has not been disclosed. CARS24’s involvement will focus on enhancing Team-BHP’s product,… Continue reading CARS24 acquires auto forum Team-BHP
PFC files police case against Gensol for filing fake documents to get loans
A SEBI investigation revealed that Gensol has not been able to account for Rs 262.13 crore of the amount. Government-owned Power Finance Corporation Ltd (PFC) has filed a complaint with the Delhi police against Jaggi brothers-promoted Gensol Engineering Ltd for allegedly filing false documents to take loans for buying electric vehicles (EVs). “PFC has filed… Continue reading PFC files police case against Gensol for filing fake documents to get loans
US auto industry warns new auto parts tariffs will hike prices, cut sales
Ford Motor said last week it may raise prices on its new vehicles if Trump’s auto tariffs continue. A coalition of U.S. auto industry groups on Tuesday urged President Donald Trump not to impose 25% tariffs on imported auto parts, warning they would cut vehicle sales and raise prices. Trump said earlier he plans to… Continue reading US auto industry warns new auto parts tariffs will hike prices, cut sales
Delhi NCR drives climate tech startup boom amidst crisis
The region also offers logistical advantages: access to agricultural states, industrial zones, and India’s largest consumer base. Delhi NCR is a region gasping under the weight of pollution, heatwaves, and environmental degradation. Amid this challenge, a new wave of climate tech startups is taking root in the region, seeking to offer homegrown solutions to complex… Continue reading Delhi NCR drives climate tech startup boom amidst crisis