H.E. Kenneth Félix Haczynski da Nóbrega, Ambassador of Brazil, pointed out the alignment between Brazil’s ethanol expertise and India’s decarbonization efforts, noting that collaboration between the two nations sets a global example in the energy transition. The Society of Indian Automobile Manufacturers (SIAM) held its 3rd International Conference on World Biofuel Day 2024 in New… Continue reading World Biofuel Day 2024: Focus on India’s role in sustainable energy transition
Author: Economic Times of India Online News
Copper slips as investors assess economic uncertainty
U.S. will release its consumer prices on Wednesday where economists look for rises of 0.2% in both the headline and core, with the annual core slowing a tick to 3.2%. Copper prices opened the week on a softer note as macro-economic uncertainty persisted and investors waited for more clues on demand outlook of the metal.… Continue reading Copper slips as investors assess economic uncertainty
Terra Charge joins with Smartworks to set up EV charging hubs at Noida, Gurugram Coworking premises
This collaboration represents a step forward in promoting sustainable transportation options in India, aligning with Terra Charge’s commitment to advancing global sustainability goals. Terra Charge has partnered with Smartworks Tech Solution Pvt. Ltd. to install electric vehicle (EV) charging hubs at Smartworks Golfview Towers in Gurugram and Smartworks Corporate Park in Noida. This collaboration aims… Continue reading Terra Charge joins with Smartworks to set up EV charging hubs at Noida, Gurugram Coworking premises
Kinetic Green raises USD 25 mn from Greater Pacific Capital
Updated On Aug 12, 2024 at 01:30 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Kinetic Green E-Luna Kinetic Green, a leading manufacturer of Electric Vehicles (EVs), has secured a USD 25 million investment from Greater Pacific Capital (GPC), a global private equity firm, as part of an overall targeted Series… Continue reading Kinetic Green raises USD 25 mn from Greater Pacific Capital
South Korea holds emergency meeting as EV fires stir consumer fear
Early this month, Kia Corp’s electric crossover EV6 with South Korean battery maker SK On’s batteries also caught fire in a parking lot, fire authorities said. South Korean officials met on Monday to discuss electric vehicle safety and whether to require car firms to disclose battery brands amid growing consumer concern after an EV blaze… Continue reading South Korea holds emergency meeting as EV fires stir consumer fear
Rupee to open flat; recent underperformance not a concern, say analysts
“The rupee’s recent performance is testament not to a lack of investor confidence but to the degree of control that the RBI exerts over the exchange rate these days,” Capital Economics said in a note. Rupee is likely to start the week little changed amid mostly rangebound Asian peers and a central bank that, for… Continue reading Rupee to open flat; recent underperformance not a concern, say analysts
Mahindra Logistics partners with Sangti Solutions to reduce carbon emissions through SaaS platform
The initiative underscores Mahindra Logistics’ dedication to sustainability and carbon neutrality, leveraging technology to drive significant environmental impact in the logistics and supply chain sectors. Mahindra Logistics Limited announced a collaboration with AI-powered startup Sangti Solutions to reduce carbon emissions in the supply chain through a SaaS platform. The partnership aims to establish a fully… Continue reading Mahindra Logistics partners with Sangti Solutions to reduce carbon emissions through SaaS platform
Hindustan Zinc likely to dole out INR 6k crore in special dividend
Hindustan Zinc shares have returned 87% so far in 2024 compared to an 11% gain in the Sensex. During the June quarter, Hindustan Zinc’s market-cap more than doubled, adding nearly INR 1.6 lakh crore. Hindustan Zinc (HZL), an integrated producer of zinc and silver, is likely to announce a special dividend of INR 6,000 crore… Continue reading Hindustan Zinc likely to dole out INR 6k crore in special dividend
Steel prices trade at 3 year lows on increased supplies: Report
Steel imports rose by 38% to 8.319 MT in 2023-24, making India a net importer of the commodity. Domestic steel prices have dropped to a three-year low on account of increased imports, according to a report. Hot rolled coils (HRC) prices have fallen to INR 51,000 a tonne from a peak of INR 76,000 a… Continue reading Steel prices trade at 3 year lows on increased supplies: Report
China challenges against EU tariffs on EVs, appeals to WTO
The move further escalates global tension over protectionist policies related to EVs. The US and the EU have accused China of unfairly subsidising its EV market. The Chinese government filed a complaint with the World Trade Organisation on Friday over the European Union’s imposition of provisional additional tariffs on imports of Chinese electric vehicles, China… Continue reading China challenges against EU tariffs on EVs, appeals to WTO