Updated On Apr 29, 2024 at 07:55 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals The technology allows asphalt, used to build roads, to self-heal and address the issue of potholes, one of the key reasons for road accidents and deaths in the country, they said. Roads that repair themselves could… Continue reading Self-healing roads may soon be a reality: NHAI
Author: Economic Times of India Online News
M&M’s Europe biz CEO Gurpratap Boparai steps down
Gurpratap S Boparai New Delhi: Gurpratap S Boparai has resigned as Mahindra & Mahindra’s (M&M) CEO of automotive business in Europe and CEO- MTBD (Mahindra Truck & Buses Division) & CE (Construction Equipment). His last working day at the company will be May 31, 2024. Boparai has “decided to pursue opportunities outside the Mahindra Group,”… Continue reading M&M’s Europe biz CEO Gurpratap Boparai steps down
Wardwizard Innovations reports two-fold rise in PAT to INR 4.27 cr for Mar qtr
For the full fiscal 2023-24, its PAT jumped 50% to INR 14.15 crore from INR 9.44 crore in the financial year ended March 2023, it added. Electric mobility firm Wardwizard Innovations & Mobility on Friday reported an over two-fold increase in standalone profit after tax (PAT) to INR 4.27 crore for the March 2024 quarter.… Continue reading Wardwizard Innovations reports two-fold rise in PAT to INR 4.27 cr for Mar qtr
UN chief launches initiative to ensure fair mineral sourcing for clean energy
“A world powered by renewables is a world hungry for critical minerals,” Guterres stated on Friday during the panel’s launch. United Nations, UN Secretary-General Antonio Guterres has unveiled a new initiative aimed at integrating fairness, sustainability, and human rights into the procurement and use of essential minerals for the clean energy transition. The initiative introduces… Continue reading UN chief launches initiative to ensure fair mineral sourcing for clean energy
Varanasi pilot location for deployment of green hydrogen fuel cell inland vessels on NW-I
The ministry is actively working on establishing a dedicated Maritime Development Fund, akin to established sectoral financial institutions, such as Power Finance Corp Ltd, REC, IRFC, etc. New Delhi, Varanasi has been selected as the pilot location for deployment of green hydrogen fuel cell inland vessels on National Waterways-I, aligning with the government’s Harit Nauka… Continue reading Varanasi pilot location for deployment of green hydrogen fuel cell inland vessels on NW-I
Codelco Q1 Results: World’s largest copper producer’s pre-tax profit sinks 29%
The company’s output of the red metal key to industrial use, especially for electrical wiring and electric vehicles, fell 8% last year compared to 2022 production. Chile’s Codelco, the world’s largest copper producer, on Friday posted a 29% drop in its pre-tax profit for the first three months of this year, landing at USD 849… Continue reading Codelco Q1 Results: World’s largest copper producer’s pre-tax profit sinks 29%
Production of minerals for clean energy is insufficient: UN
The expanding demand for critical materials offers opportunities for many developing economies, especially in Africa, it said. Current production levels of key minerals such as lithium, cobalt and nickel needed for clean energy technologies are insufficient to reach global climate goals, a United Nations agency said Friday. According to a study by UN Trade and… Continue reading Production of minerals for clean energy is insufficient: UN
Indian auto industry poised to reach USD 300 Billion by 2026; Revving up for innovation and expansion
This segment encompasses a wide range of services and products, including vehicle parts, accessories, maintenance, and repair services. India’s rapidly growing auto market is poised to hit a milestone, with projections indicating it will reach USD 300 billion by 2026. This growth is fueled by various factors, including rising income levels, urbanization, and a burgeoning… Continue reading Indian auto industry poised to reach USD 300 Billion by 2026; Revving up for innovation and expansion
Schaeffler India Q1,2024 net profit at INR 227.7 cr
Net Profit for the quarter was INR 227.7 crore and net profit margin stood at 12.3% New Delhi: Schaeffler India Limited the motion technology company, has said that its revenue from operations (net) for the first quarter, ended March 31, 2024 (January-March 2024) (Q124) was INR 1849.2 crore, 9.2% higher than the corresponding quarter of… Continue reading Schaeffler India Q1,2024 net profit at INR 227.7 cr
Vedanta presents aluminium range for auto industry at AutoEdge 2024 conclave
Aluminium is a lightweight metal with properties such as a higher strength-to-weight ratio, excellent electrical conductivity, superior corrosion resistance and infinite recyclability. New Delhi: Vedanta Aluminium, India’s largest producer of aluminium, recently organised AutoEdge 2024, an industry conclave for the automotive sector, in New Delhi. Aluminium that enables several forms of modern transportation, has established… Continue reading Vedanta presents aluminium range for auto industry at AutoEdge 2024 conclave