Fitch Ratings on Tuesday reduced the rating headroom for India’s two steel giants, JSW Steel Limited and Tata Steel Limited, amid the ongoing challenges posed by cheap steel imports from China and the potential impact of aggressive tariff policies from various economies including the US. The agency, in its latest report, has said that domestic… Continue reading Fitch cuts rating headroom for Tata Steel, JSW Steel amid import pressures
Author: Economic Times of India Online News
Noida Authority to reclaim unused DND Flyway land amid legal tussle with NTBCL
Noida Authority has decided to take back unused land allotted to DND Flyway from Noida Toll Bridge Company Ltd (NTBCL), the concessionaire, after the Supreme Court in Dec last year ordered the road will remain toll-free. NTBCL has opposed the move, citing a 31-year contract signed in 1998 is still valid till 2029. Noida had… Continue reading Noida Authority to reclaim unused DND Flyway land amid legal tussle with NTBCL
Audio Interview| US aftermarket update: Right to repair act; supply chains; workforce shortages; and EV adoption
Ron Hesse speaks with Bill Hanvey In the 12-minute Audio Interview, Mr. Hanvey discusses these questions: With ongoing discussions around the Right to Repair Act and other regulatory changes affecting the automotive aftermarket, how is the Auto Care Association positioning itself to advocate for independent repair shops, suppliers, and consumers? The industry has faced disruptions… Continue reading Audio Interview| US aftermarket update: Right to repair act; supply chains; workforce shortages; and EV adoption
Billion Electric appoints Sanjeev Kulkarni as CEO
Sanjeev Kulkarni, CEO, Billion Electric Billion Electric Mobility (BillionE), an Indian E-Mobility-as-a-Service (eMaaS) platform, has appointed Sanjeev Kulkarni as its new CEO. The announcement was made on March 18, 2025. Kulkarni, previously the COO, brings over three decades of experience to the role and will focus on expanding Billion Electric’s eMaaS business, particularly in the… Continue reading Billion Electric appoints Sanjeev Kulkarni as CEO
Vedanta demerger: Newly demerged cos have potential to grow into $100 bn each, says Anil Agarwal
Vedanta plans to split the mining conglomerate into different businesses with a view to simplify the group’s structure and help manage its debt burden. Vedanta Ltd Chairman Anil Agarwal on Monday reaffirmed the company’s commitment to unlocking value, saying the four new companies that will emerge from the demerger, have the potential to grow into… Continue reading Vedanta demerger: Newly demerged cos have potential to grow into $100 bn each, says Anil Agarwal
BYD unveils new super-charging EV tech, to build charging network in China
BYD mostly relies on plug-in hybrids for its sales, which hit 4.2 million units last year. It has targeted selling 5-6 million units this year. BYD on Monday unveiled a new platform for electric vehicles (EVs) that it said could charge EVs as quickly as it takes to pump gas and announced for the first… Continue reading BYD unveils new super-charging EV tech, to build charging network in China
TAFE appoints Lakshmi Venu as vice-chairman
Mallika Srinivasan, chairman & MD, TAFE, said, “Lakshmi has been a key member of our leadership team and a member of TAFE’s Board. In appreciation of her impactful contribution, the Board is pleased to appoint her as vice-chairman.” Lakshmi Venu, director of TAFE – Tractors and Farm Equipment Limited, one of the largest tractor manufacturers… Continue reading TAFE appoints Lakshmi Venu as vice-chairman
Why corporate ESG strategies must include green transportation
Companies are increasingly integrating green transport into ESG strategies to achieve carbon neutrality and regulatory compliance. The debate around environmental, social and governance (ESG) strategies is gaining significant momentum in the commercial framework and consequently companies are now considered not only on their financial reporting but also on their business stability. Whilst many groups would… Continue reading Why corporate ESG strategies must include green transportation
Tata Motors appoints Guenter Butschek as independent director
Updated On Mar 17, 2025 at 12:27 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Guenter Butschek Tata Motors has reappointed Guenter Butschek, its former managing director and chief executive officer (CEO), as an independent director. His five-year term begins May 1, 2025, coinciding with the company’s strategic demerger of its… Continue reading Tata Motors appoints Guenter Butschek as independent director
India at forefront of green hydrogen economy: Technip’s Arnaud Pieton
Updated On Mar 17, 2025 at 08:28 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals India contributes 15% to the group’s global annual intake and teams in India are involved in all major international projects. Technip Energies, a French provider of engineering and technology services to the energy industry, is opening… Continue reading India at forefront of green hydrogen economy: Technip’s Arnaud Pieton