New Delhi: The Ministry of Road Transport and Highways on Sunday said it has formalised movement of personal vehicles, registered in other countries, when entering or plying in Indian territory. In a notification, the MoRTH said under the Motor Vehicles Non-Transport Vehicles Visiting India Rules, 2022, a valid registration certificate should be carried in the… Continue reading Union Road Ministry formalises movement of foreign personal vehicles
Author: Economic Times of India Online News
Cyrus Mistry: A reclusive scion who fought for honour after being fired by Tatas
Cyrus Mistry Mumbai: Till his appointment as the chairman to lead Tata Sons, not many knew of Cyrus Mistry, who was then associated only with his family business. A south Mumbai low-profile boy, 44-year-old Mistry family scion was already heading companies in the Shapoorji Pallonji Group when he was appointed to succeed Ratan Tata as… Continue reading Cyrus Mistry: A reclusive scion who fought for honour after being fired by Tatas
Toll plaza operators hike charges arbitrarily, people end up paying huge amount: CM Mann
Sangrur: Punjab Chief Minister Bhagwant Mann here on Sunday said toll plaza charges burn a hole in people’s pocket as their operators increase fee arbitrarily. Addressing a gathering while announcing the closure of two toll plazas on the Sangrur-Ludhiana road, he said due to such toll plazas prices of common goods escalate as their transportation… Continue reading Toll plaza operators hike charges arbitrarily, people end up paying huge amount: CM Mann
Former Tata Sons head Cyrus Mistry dies in car crash near Mumbai
Cyrus Mistry Mumbai: Former Tata Sons chairman Cyrus Mistry was on Sunday killed in a road accident after his car hit a divider in Maharashtra’s Palghar district neighbouring Mumbai, a police official said. Mistry was travelling from Ahmedabad to Mumbai in a Mercedes car, he said. “The accident took place around 3.15 pm, when Mistry… Continue reading Former Tata Sons head Cyrus Mistry dies in car crash near Mumbai
FPI inflows hit 20-month high of Rs 51,200 cr in Aug
New Delhi: Foreign investors have pumped in a little over Rs 51,200 crore into the Indian equity markets in August, making it the highest inflow in 20 months, amid improving risk sentiment and stabilisation in oil prices. This comes following a net investment of nearly Rs 5,000 crore by Foreign Portfolio Investors (FPIs) in July,… Continue reading FPI inflows hit 20-month high of Rs 51,200 cr in Aug
World’s largest drone fund to invest upto $40 million in UAV ecosystem in India
Representative Image NEW DELHI: Japan-based $170 million Drone Fund (DF) — one of the world’s largest dedicated VCs for promoting unmanned aerial vehicle (UAV) ecosystem — intends to invest upto $40 million in Indian companies working in the sector. It has tied up with drone major Aerodyne India group to invest in the latter’s manufacturing… Continue reading World’s largest drone fund to invest upto $40 million in UAV ecosystem in India
EVs to hit top gear in FY23, sales set to cross million mark
Representative Image The current fiscal year is set to be a watershed for India’s electric vehicle industry. If the past five months are an indicator, EV sales will cross a million units in FY23, up 84% over last year. Leading the race are electric two-wheelers, poised to rise 117% to 750,000 units, followed by three-wheelers… Continue reading EVs to hit top gear in FY23, sales set to cross million mark
Research in extraction and usage of Rare Earth Elements should become a part of regular Engineering curriculum
Due to poor focus on the research related to the extraction of 20 strategic metals that include 17 Rare Earth Elements (REE) along with Nickel, Cobalt and Lithium in the Engineering colleges of the country, India has reported no significant advancement in this vital domain. Engineering students in the country are not proactively pursuing Masters… Continue reading Research in extraction and usage of Rare Earth Elements should become a part of regular Engineering curriculum
Exclusive: Ola Electric Future Factory project head quits; 7th senior-level exit in 6 months
Nagi Reddy Sattigari New Delhi: The man behind the setting up of Ola Electric’s future factory and head of construction Nagi Reddy Sattigari has quit the company, sources aware of the matter told ETAuto. Reddy who quit on Friday is likely to join as Chief Operating Officer of a construction and facade fabrication company, Alufit… Continue reading Exclusive: Ola Electric Future Factory project head quits; 7th senior-level exit in 6 months
Biden plans to attend Detroit auto show
By David Shepardson WASHINGTON: President Joe Biden said on Friday he plans to attend the Detroit auto show later this month as his administration touts a rising number of investments in electric vehicles and battery manufacturing. “I’ll be there. I’m a car guy – as you kind of noticed,” Biden said at an event. The… Continue reading Biden plans to attend Detroit auto show