The auto tariffs would come in the next few days, Trump said later in the day, adding that tariffs on lumber and semiconductor chips would follow “down the road.” US President Donald Trump said on Monday automobile tariffs are coming soon even as he indicated that not all of his threatened levies would be imposed… Continue reading Trump auto tariffs are coming, but not all levies will be imposed April 2, sending stocks higher
Author: Economic Times of India Online News
Ola Electric settles dues with Rosmerta as creditor withdraws insolvency plea
Updated On Mar 25, 2025 at 09:05 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Ola Electric attributed the registration discrepancy to a “temporary backlog” caused by ongoing negotiations with vendors handling vehicle registrations. Electric two-wheeler maker Ola Electric on Tuesday said it has settled all outstanding dues between its wholly… Continue reading Ola Electric settles dues with Rosmerta as creditor withdraws insolvency plea
SAIL, Tata Steel, AM/NS, JSW and JSPL among speciality steel PLI 1.1 beneficiaries
Speciality steel PLI scheme covers five broad categories and 19 sub-categories. Companies registered in India and engaged in end-to-end steel production are eligible for incentives. Steel Authority of India Limited (SAIL), Tata Steel, Arcelormittal Nippon Steel, JSW Steel, and Jindal Steel and Power, are among beneficiaries of the production linked incentive (PLI) 1.1 scheme for… Continue reading SAIL, Tata Steel, AM/NS, JSW and JSPL among speciality steel PLI 1.1 beneficiaries
Audio Interview | Providing on-the-job training for your non-US based talent, at your company’s US locations: The J1 exchange visitor program
Ron Hesse speaks with Lindsay Bongi In the 12-minute Audio Interview, Ms. Bongi discusses these questions: Can you please provide a broad overview of the J-1 Exchange Visitor Program and specifically the Intern and Trainee Categories that fall within the J-1 umbrella? How do you typically see the auto industry utilizing these programs? Are there… Continue reading Audio Interview | Providing on-the-job training for your non-US based talent, at your company’s US locations: The J1 exchange visitor program
Auto sector outlook positive; two-wheelers offer better value: Sandip Sabharwal
Sandip Sabharwal “What will happen is that people see things moved up, then they regret that we did not sell at the top, then markets fall, and at the right bottom, many people feel the urge to sell, and then as the market bounces back, they see how much it has recovered from the bottom,”… Continue reading Auto sector outlook positive; two-wheelers offer better value: Sandip Sabharwal
ET Autotech Summit ’25: Designing suitable pathways for future mobility
Participants will be able to interact with top decision-makers, positioning themselves to be part of the global technology megatrends reshaping the automotive landscape. The 6th edition of the prestigious ET Autotech Summit will take place on June 18-19, 2025, at the Sheraton Grand Bengaluru Whitefield Hotel & Convention Centre. This two-day event will be an… Continue reading ET Autotech Summit ’25: Designing suitable pathways for future mobility
Mahindra likely in talks to buy Sumitomo’s entire stake in SML Isuzu
Japan’s Isuzu, which manufactures SUVs and pickup trucks through another entity, owns a 15% stake in SML Isuzu. Mahindra & Mahindra is in talks to buy Japan’s Sumitomo Corp‘s entire 44% stake in heavy vehicle-maker SML Isuzu, CNBC Awaaz reported on Monday, citing sources. Indian automaker Mahindra is considering offering the Japanese trading firm 1,400… Continue reading Mahindra likely in talks to buy Sumitomo’s entire stake in SML Isuzu
TKIL Industries eyes Rs 1,000 crore green hydrogen revenue by 2030, says CFO Ketan Pendse
As part of its long-term strategy, TKIL is set to invest Rs 120-130 crore in capital expenditure over the next three years, with a focus on expanding the company’s green hydrogen and biochemical capabilities. Ketan Pendse, Chief Financial Officer (CFO) of TKIL Industries, has outlined an ambitious growth plan, targeting Rs 1,000 crore in green… Continue reading TKIL Industries eyes Rs 1,000 crore green hydrogen revenue by 2030, says CFO Ketan Pendse
Tamil Nadu gets major chunk of projects under PLI scheme in electronics, automobile: FM Nirmala Sitharaman
Sitharaman highlighted that 25 per cent of the companies availing benefits from the PLI scheme are from the state. Tamil Nadu has emerged as a key beneficiary under the Production-Linked Incentive (PLI) scheme, receiving a significant share of projects in the electronics and automobile sectors, Union Finance Minister Nirmala Sitharaman said. Addressing an event organised… Continue reading Tamil Nadu gets major chunk of projects under PLI scheme in electronics, automobile: FM Nirmala Sitharaman
Hindustan Copper aims to earn Rs 2,400 cr over 20 years from J’khand mines: CMD
Among the two copper blocks, Rakha is an old one that was closed around two decades ago, while Chapri is a greenfield project. State-owned Hindustan Copper aims to generate around Rs 2,400 crore revenue over the next 20 years from its recent contract with a JSW Group firm which has been appointed as a mine… Continue reading Hindustan Copper aims to earn Rs 2,400 cr over 20 years from J’khand mines: CMD