As the presidential campaign shifts into higher gear ahead of November’s election, Biden is touring factories to tout his accomplishments, especially to voters in battleground states. Dan Ariens laid off workers, cut shifts, and halted nearly all hiring last summer after sales slumped at his company, best known for making bright orange snow blowers and… Continue reading US employment boom leaves factory workers behind
Author: Economic Times of India Online News
Ionage plans to integrate 1 lakh EV chargers into its roaming platform by 2028
With a current listing of 3000 charge points nationwide, Ionage is poised to expand by adding another 3000 charge points in the near future, the company said in a media release. New Delhi: Ionage, a Bengaluru-based leading eMobility service provider, is working for integrating a network of over 100,000 EV chargers into its roaming platform.… Continue reading Ionage plans to integrate 1 lakh EV chargers into its roaming platform by 2028
Vedanta commences mining in Goa’s Bicholim block
Vedanta was the highest bidder with 63.55% revenue for Bicholim Mining Block, spread over 485 hectares. Vedanta on Thursday said it has commenced mining operations at Bicholim mineral block in Goa. The mining in Goa came to a grinding halt in March 2018 after Supreme Court quashed 88 mining leases. “Heralding a new era of… Continue reading Vedanta commences mining in Goa’s Bicholim block
Green Hydrogen, green ammonia to bring USD 125 bn investment in India: Avendus Capital
Avendus Capital report says green hydrogen is becoming increasingly competitive with current production forms. Green Hydrogen (GH2) and green ammonia are future fuels of the world. According to a report by Avendus Capital, Green Hydrogen and green ammonia will bring in investments of USD 125 billion (about INR 10.43 lakh crore) in India by 2023.… Continue reading Green Hydrogen, green ammonia to bring USD 125 bn investment in India: Avendus Capital
Captive, commercial coal blocks output surged 27% to 147 MT in FY24: Pralhad Joshi
Dispatch from the mines during FY24 was 143 MT as against 110 MT in FY23. A total of 9 new coal mines commenced production during FY24 which includes 4 captive mines and 5 commercial mines. Captive and commercial coal blocks produced 147 million tonne coal in financial year 2023-24, registering a year-on-year growth of 27… Continue reading Captive, commercial coal blocks output surged 27% to 147 MT in FY24: Pralhad Joshi
EU, US seek broader reach on critical minerals as own deal stalls
A deal, likely to cover cobalt, graphite, lithium, manganese and nickel, could help ease EU concerns over the local content requirements to qualify for subsidies under the U.S. Inflation Reduction Act. The European Union and the United States will fail to reach a critical minerals agreement at a meeting of top officials this week, but… Continue reading EU, US seek broader reach on critical minerals as own deal stalls
EV not a fad but a structural change in auto industry: Ravi Pandit, KPIT Technologies
Ravi Pandit, Chairman, KPIT Technologies “There is work that is being done on the charging infrastructure. Charging infrastructure needs a lot more work to do and we are also doing some work in that area,” says Ravi Pandit, Chairman, KPIT Technologies. Can you outline for the benefit of our viewers that how has KPIT benefited… Continue reading EV not a fad but a structural change in auto industry: Ravi Pandit, KPIT Technologies
RIL, Tata Motors and IOC to be key bidders for pilot GH2 project
Updated On Apr 4, 2024 at 08:47 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Bid for INR 496-crore project closes today; plan is to identify operational issues with regard to use of green/grey hydrogen in transport sector Reliance Industries (RIL), Tata Motors and Indian Oil Corporation (IOC) will be the… Continue reading RIL, Tata Motors and IOC to be key bidders for pilot GH2 project
Uber promotes APAC head Parameswaran to global role
Parameswaran would also lead Uber’s newly created ‘fleets’ team Ride-hailing platform Uber has elevated its Asia Pacific head Pradeep Parameswaran to a global role, where he would head business development for the company, in addition to leading its enterprise product and a new ‘fleets‘ programme team, ET has learnt. Parameswaran, who formerly led Uber’s India… Continue reading Uber promotes APAC head Parameswaran to global role
Ford’s pickups, hybrids drive 6.8% rise in first-quarter US sales
Ford said “an increasing preference for hybrid trucks and SUVs” helped deliver its best quarterly hybrid sales. Ford Motor Co reported a 6.8% rise in first-quarter U.S. auto sales on Wednesday, powered by demand for its pickup trucks, crossover SUVs and hybrids. Sales of the automaker’s affordable compact Maverick pickup truck surged nearly 82% to… Continue reading Ford’s pickups, hybrids drive 6.8% rise in first-quarter US sales