The coal ministry launched auctions of mines for commercial mining under the ninth round on December 20 and eighth round on November 15. The coal ministry is likely to hold the next round of auction of coal mines for commercial mining by May 10 with 30 new blocks on offer. The ministry has received permission… Continue reading Coal mine auction likely in May, 30 new blocks to be put on offer
Author: Economic Times of India Online News
EVs a luxury the Indian rich can’t get enough of
Updated On Apr 19, 2024 at 08:13 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals To be sure, how India’s new EV policy will impact the market isn’t yet clear, especially with Elon Musk expected to announce plans for a Tesla plant in the country on his upcoming visit. Sales of… Continue reading EVs a luxury the Indian rich can’t get enough of
How will the government’s decision on the FAME 3 initiative impact EV adoption in India?
Another important aspect is that the integration of technological innovations with policy measures like FAME and the eco-consciousness of people will create a green future for the electric vehicle industry in India. The Indian electric vehicle market has undergone revolutionary changes in the last few years. Within a short period, this segment has grown to… Continue reading How will the government’s decision on the FAME 3 initiative impact EV adoption in India?
How pure EV architecture enables scalability and profitability in manufacturing
Embracing a pure EV architecture yields several advantages for manufacturers. New Delhi: The electric vehicle (EV) market is experiencing unprecedented growth globally, driven by increasing consumer demand, heightened environmental consciousness, and supportive regulatory frameworks. In India, especially, this trend is gaining momentum, presenting both opportunities and challenges for manufacturers. To thrive in this evolving landscape,… Continue reading How pure EV architecture enables scalability and profitability in manufacturing
MG Motor ties up with Epsilon Group for EV charging solutions, battery recycling
LICO will assist MG Motor India in its Extended Producer Responsibility (EPR) obligations by providing comprehensive battery recycling and certification services, it added. New Delhi: MG Motor India on Thursday said it has partnered with the Epsilon Group for EV charging solutions and battery recycling. As part of the collaboration, the automaker has signed an… Continue reading MG Motor ties up with Epsilon Group for EV charging solutions, battery recycling
Elon Musk has brought new and disruptive technologies in many domains, says Indian Space Association DG
He anticipated fruitful interactions between Indian startups and Musk, potentially paving the way for collaborative ventures and knowledge exchange. Director General of the Indian Space Association, Lt Gen Anil Kumar Bhatt (Retd), extended a warm welcome to Tesla CEO Elon Musk‘s forthcoming visit to India. Lt Gen Bhatt emphasized the potential for enhanced collaboration between… Continue reading Elon Musk has brought new and disruptive technologies in many domains, says Indian Space Association DG
Jindal Stainless cuts 2.4 lakh tons of CO2 emissions in last two fiscals
The company said it has started using renewable energy sources for its operations. It has also started producing green hydrogen to be used in steel-making processes. Jindal Stainless has reduced 2.4 lakh tonnes of carbon emissions between 2022-23 and 2023-24, according to a company statement on Wednesday. Jindal Stainless Ltd (JSL) is taking various measures… Continue reading Jindal Stainless cuts 2.4 lakh tons of CO2 emissions in last two fiscals
Top listed firms report increase in staff injuries suffered at workplace
The figures marked an increase from 234 companies reporting 4,908 injuries to white-collar employees in 2021-22 and 367 companies reporting 9,212 injuries to blue-collar workers during the fiscal, the data showed. There has been a slight uptick in reporting of injuries suffered by employees at the workplace among the top 1,000 listed companies in the… Continue reading Top listed firms report increase in staff injuries suffered at workplace
FY25 to be transformative year, says Vedanta’s Anil Agarwal
After the demerger, the businesses of Hindustan Zinc as well as the display and semiconductor manufacturing units will remain with Vedanta Ltd. Mining tycoon Anil Agarwal has said the current financial year that started on April 1 will be a transformative year for his conglomerate Vedanta as it prioritises disciplined growth while parent eyes a… Continue reading FY25 to be transformative year, says Vedanta’s Anil Agarwal
Domestic finished steel consumption grows 13% to 136 MT in FY24: SteelMint
The production of crude steel in the country rose 12.6% to 143 MT over 127 MT in the previous fiscal. Domestic finished steel consumption has registered a growth of 13% to 136 million tonnes during 2023-24, supported by increased demand from automotive and infrastructure sectors, SteelMint India said. The country consumed 120 million tonne (MT)… Continue reading Domestic finished steel consumption grows 13% to 136 MT in FY24: SteelMint