Updated On Oct 1, 2024 at 12:18 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals The company’s overall exports surges to 3,027 units in September 2024, that is 25% higher than its sales in September 2024 that was 2,419. Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies,… Continue reading Mahindra & Mahindra reports 24% growth in passenger vehicle sales for September, total sales reach 87,839 units
Author: Economic Times of India Online News
Bajaj Auto September sales up 23% to 3,11,887 units
Bajaj Auto total sales grew 20% Y-o-Y with 4,69,531 units sold in September 2024, as against 3,92,558 units in September 2023. Bajaj Auto, one of India’s leading automobile manufacturers, reported an increase of 23% Y-o-Y to 3,11,887 units in September 2024 domestic sales, compared to 2,53,193 units in September 2023. The company has observed a… Continue reading Bajaj Auto September sales up 23% to 3,11,887 units
Dumping probe begins into China CRNO steel imports
Both had approached the commerce ministry seeking an investigation into CRNO dumping from China. India has initiated an anti-dumping investigation into imports of Cold-Rolled Non-oriented Electrical Steel (CRNO) from China on complaints by South Korean and Taiwanese steel makers. One of the complainants, POSCO Maharashtra Steel Pvt Ltd, is a fully owned subsidiary of POSCO… Continue reading Dumping probe begins into China CRNO steel imports
Rupee may struggle after Powell dampens hopes of another jumbo rate cut
But the currency is expected to find support around 83.90 as those levels would be quite appealing for exporters to sell dollars, says traders. The Indian rupee is expected to open slightly weaker and stay under pressure on Tuesday after Federal Reserve Chair Jerome Powell pushed back against expectations of more larger-than-usual interest rate cuts,… Continue reading Rupee may struggle after Powell dampens hopes of another jumbo rate cut
Vehicles registered before ’03 to get 75% tax cut if scrapped
Updated On Oct 1, 2024 at 08:16 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Last year too, the govt had come out with similar scheme, offering rebate on scrapping old vehicles for one-year period from March 11, 2023, to March 10, 2024. UP govt has issued an order stating that… Continue reading Vehicles registered before ’03 to get 75% tax cut if scrapped
Vehicles, road dust & industries main Delhi-NCR polluters: Study
The new study shows road dust and traffic pollution are the main culprits of Delhi’s poor air quality. Under fire from the Supreme Court, the Commission for Air Quality Monitoring (CAQM) is reportedly dusting off the IIT Kanpur-TERI report on Delhi-NCR air pollution sources and will discuss it over the next few days. ET gathers… Continue reading Vehicles, road dust & industries main Delhi-NCR polluters: Study
Audio Interview: The sale leaseback market in Mexico – Why is it becoming so prevalent in 2024?
Ron Hesse speaks with Gary Swedback In the 25-minute Audio Interview, Mr. Swedback discusses these questions: • What is the concept of a Sale leaseback and what is its purpose? • Who are the companies that decide to pursue sale leasebacks —- in Mexico—- and is it becoming more prevalent in 2024? • What types… Continue reading Audio Interview: The sale leaseback market in Mexico – Why is it becoming so prevalent in 2024?
Tata Steel ends ‘legacy steelmaking’ at Britain’s largest steelworks
Tata Steel’s UK chief noted how Port Talbot represents a steel plant where industrial processes and new technologies have been introduced over time to enhance output and set standards for other steelmakers. Tata Steel-owned Port Talbot plant in South Wales hit a significant milestone on Monday when its Blast Furnace 4 ceased operations after over… Continue reading Tata Steel ends ‘legacy steelmaking’ at Britain’s largest steelworks
Exploring India’s path to manufacturing excellence: ET Auto’s Design and Manufacturing Summit discusses key issues
The event aimed to build a roadmap for the holistic adoption of these technologies to design and make better products, driving Indian manufacturing companies toward progress and profitability. As India aspires to become a global manufacturing powerhouse, it must navigate fierce global competition, evolving business landscapes, and rising customer demands for speed and customization. To… Continue reading Exploring India’s path to manufacturing excellence: ET Auto’s Design and Manufacturing Summit discusses key issues
Philippines’ Marcos opens first EV battery plant
Located in New Clark city north of Manila, the StB Giga Factory Inc. facility will create 2,500 local jobs and channel five billion pesos. President Ferdinand Marcos inaugurated on Monday the first factory for electric vehicle batteries in the Philippines, calling it the “future” of clean energy. The Australian-owned lithium-iron-phosphate factory aims to produce two… Continue reading Philippines’ Marcos opens first EV battery plant