Honda India aims for zero road fatalities by 2050; Launches women empowerment initiative

Training sessions at IDTR consist of 80 hours spread over 5 days, covering road safety rules, defensive driving techniques, driving simulators, a technologically equipped driving lab, and on-track driving training. New Delhi: Honda India has initiated a Corporate Social Responsibility (CSR) program named ‘Stree Sarthee’ to empower women and enhance road safety, starting with the… Continue reading Honda India aims for zero road fatalities by 2050; Launches women empowerment initiative

Mahindra, Tata Motors receive record patent approvals in FY24

M&M said it has received a record 674 patents in 2023-24. Tata Motors also received its highest-ever grant of 333 patents during the last fiscal. Domestic automobile majors Mahindra & Mahindra and Tata Motors have received a record number of patent approvals for a wide spectrum of product and process innovations in the last financial… Continue reading Mahindra, Tata Motors receive record patent approvals in FY24

Indian EV startup makes offer to interns spurned by Elon Musk

Updated On May 5, 2024 at 01:29 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals As several aspiring employees took to LinkedIn to express anguish at not being left with enough time to find replacement gigs for the summer, Pravaig offered help. New Delhi: Bengaluru-based electric vehicle startup Pravaig Dynamics has… Continue reading Indian EV startup makes offer to interns spurned by Elon Musk

Tata Power Renewable Energy signs pact with SJVN for 460 MW clean energy project

The plant is expected to generate nearly 3,000 million units (MUs) of power and offset 2,200 million kgs of CO2 emissions annually, TPREL said in a statement. Tata Power Renewable Energy Ltd (TPREL) on Saturday said it has signed an agreement with state-owned SJVN Ltd to set up a 460 MW Firm and Dispatchable Renewable… Continue reading Tata Power Renewable Energy signs pact with SJVN for 460 MW clean energy project

TSSEZL, Hygenco ink pact for setting up green ammonia & green hydrogen project in Odisha

TSSEZL had previously signed similar agreements with other manufacturers for setting up green hydrogen and ammonia projects of 1.6 MnTPA at Gopalpur Industrial Park. Tata Steel Special Economic Zone Limited (TSSEZL) and HHP Five Private Limited (Hygenco) on Friday inked a memorandum of understanding (MoU) to establish a green hydrogen and green ammonia project at… Continue reading TSSEZL, Hygenco ink pact for setting up green ammonia & green hydrogen project in Odisha

India new land of rising sun for auto exports

Updated On May 4, 2024 at 07:59 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals India’s largest carmaker Maruti Suzuki has been stepping up exports over the last few years. New Delhi: Global auto companies are increasingly leveraging India as an export hub with Honda even shipping cars to its home… Continue reading India new land of rising sun for auto exports

EU says information from three Chinese EV makers insufficient

If the Commission concludes that the provided information from sampled companies BYD, SAIC and Geely is insufficient, it could use evidence available elsewhere to compute tariffs, a move that can inflate them. The European Commission has warned three Chinese electric vehicle makers that they have not supplied sufficient information for its anti-subsidy investigation, according to… Continue reading EU says information from three Chinese EV makers insufficient

Rupee to rise on Asia rally heading into US jobs report

“You could very well have it that dip (on dollar/rupee at open) will not run. Today will be a good day to gauge the extent of underlying actual (dollar) demand.” The Indian rupee is expected to march higher at open on Friday, like its Asian peers, fuelled by the drop in U.S. Treasury yields before… Continue reading Rupee to rise on Asia rally heading into US jobs report

Commercial aircraft, motor vehicles lift US factory orders

Shipments of manufactured goods rose 0.3%, while inventories were unchanged. Unfilled orders at factories increased 0.4%. New orders for U.S.-manufactured goods increased solidly in March, boosted by demand for commercial aircraft and motor vehicles, but gains elsewhere were moderate. Factory orders rose 1.6% after gaining 1.2% in February, the Commerce Department’s Census Bureau said on… Continue reading Commercial aircraft, motor vehicles lift US factory orders

India eyes 5 million tonnes of green hydrogen by 2030 with new technologies

Nornickel, introduced its palladium-based developments to Indian experts, suggesting their products can improve the efficiency of green hydrogen production. New Delhi: India aims to produce 5 million tonne of pure hydrogen annually by 2030, with a projected need of 25 million tonne by 2050 for transport, steel, and ammonia production. The Hydrogen Technology Expo in… Continue reading India eyes 5 million tonnes of green hydrogen by 2030 with new technologies