Rupyy, part of CarDekho Group, appoints Vineet Tripathi as CBO

Prior to joining Rupyy, he served as the Chief Business Officer at Poonawalla, and held leadership positions at Bandhan Bank, Tata Capital, Kotak Mahindra Bank, GE Money and Birla Sun Life Insurance. New Delhi : Rupyy, a leading lending fintech platform in the financing industry, has appointed Vineet Tripathi as its Chief Business Officer (CBO).… Continue reading Rupyy, part of CarDekho Group, appoints Vineet Tripathi as CBO

Odisha Transport Department inks MoU with NCC to launch ‘Junior Rakshak’ initiative

Further under 5T initiatives, foundation stone was laid for 23 proposed Truck Terminal locations by the Minister. New Delhi: The National Cadet Corps (NCC) Directorate and the Commerce & Transport Department of Odisha signed a Memorandum of Understanding (MoU) to launch the ‘Junior Rakshak’ initiative. The MoU was signed by Lal Mohan Sethi, Addl Commissioner… Continue reading Odisha Transport Department inks MoU with NCC to launch ‘Junior Rakshak’ initiative

TVS SCS expands warehousing space in Hosur, TN

TVS SCS’ warehousing solutions are backed by industry-leading technology systems and material handling equipment. New Delhi: TVS Supply Chain Solutions Limited, a global supply chain solutions provider and one of the largest and fastest-growing integrated supply chain solutions providers in India, has expanded its warehousing capacity by adding 6,50,000 sq. ft. of ultra-modern multi-client warehouse… Continue reading TVS SCS expands warehousing space in Hosur, TN

Auto Retail in Feb 2024 posts overall growth of 13% YoY; Cautious optimism for March: FADA

The 3W market surged by 24% YoY, with EVs making up 53% of this growth, fuelled by first-time users and a shift towards E-Rickshaws, alongside better market sentiment and consumer engagement. New Delhi: The Federation of Automobile Dealers Associations (FADA) Thursday released the Vehicle Retail Data for February ’24. In February 2024, Indian Auto Retail… Continue reading Auto Retail in Feb 2024 posts overall growth of 13% YoY; Cautious optimism for March: FADA

Stellantis to invest EUR 5.6 bn in South America in 5 years

Stellantis CEO Carlos Tavares and Stellantis South America COO Emanuele Cappellano. Stellantis has announced a record investment plan for the South American region totaling EUR 5.6 billion from 2025 to 2030, making it the largest investment in the history of the Brazilian and South American automotive industry. The planned investments will support the launch of… Continue reading Stellantis to invest EUR 5.6 bn in South America in 5 years

GM Fuel Cell pilot program to create blueprint for low-emission worksites

Hydrogen fuel cells are a key component of GM’s electrification strategy, which extends beyond battery-powered passenger vehicles. GM is collaborating on a solution for low-emissions worksites with its fleet of fuel cell-powered medium duty trucks and supporting infrastructure. This pilot program funded by the Department of Energy is also targeting the creation of green hydrogen… Continue reading GM Fuel Cell pilot program to create blueprint for low-emission worksites

Mahindra Group and Johnson Controls launch Net Zero Buildings initiative

Investing in energy efficient infrastructure can potentially reduce electricity consumption by 40-60% compared to conventional buildings. New Delhi: As India ramps up efforts to decarbonize its rapidly growing infrastructure of buildings, the Mahindra Group and Johnson Controls (NYSE: JCI) has announced a first of its kind Net Zero Buildings Initiative to decarbonize India’s commercial, urban… Continue reading Mahindra Group and Johnson Controls launch Net Zero Buildings initiative

CNG to cost Rs 2.5 kg less in Delhi in first cut this year

Lower CNG prices will lead to reduced transportation costs for daily essentials and bus, taxi and three-wheeler fares. Indraprastha Gas Ltd (IGL) on Wednesday slashed the price CNG (compressed natural gas) prices by INR 2.50 per kg, or 3%, marking the first reduction in 11 months on the back of declining global prices. From Thursday,… Continue reading CNG to cost Rs 2.5 kg less in Delhi in first cut this year

Opinion: Can e-mobility become new normal; EVs have to be the choice, not an alternative

Electric mobility must be visibly noticeable as an at par alternative to the current norm. New Delhi: New norms need behavioural shifts. For a norm like electric mobility to establish a base and avoid a demand plateau, where demand growth tapers off, it needs to change the way people interact and integrate with it, especially… Continue reading Opinion: Can e-mobility become new normal; EVs have to be the choice, not an alternative

Women at the helm of auto industry – challenges and opportunities

A trend has been observed in the auto industry wherein women are being hired for working in critical areas like the shop floor of a factory. New Delhi: The auto industry has been actively embracing new technologies in recent years, driven by the increasing demand for innovation, efficiency, and sustainability. The Indian auto industry is… Continue reading Women at the helm of auto industry – challenges and opportunities