Her resignation follows a major exodus of senior and mid level executives who quit the company. Recently Hindu Businessline and Business today reported that in a major restructuring exercise, Mahindra Group has let off around 300 senior-level executives in the Automotive and Farm Equipment divisions. Ramkripa Ananthan has ended her over two-decade stint with Mahindra… Continue reading M&M Chief of design Ramkripa Ananthan quits
Author: Economic Times of India Online News
EVs with green plates get more common on Ahmedabad roads
The state has so far registered 1,390 electric vehicles in 2021, of which 321 were registered at the RTO Ahmedabad with number plates bearing GJ-01. In 2020, the number of electric vehicles registered in Ahmedabad was 388 while there were only 195 in 2019. AHMEDABAD: The number of vehicles on the roads with green number… Continue reading EVs with green plates get more common on Ahmedabad roads
Zero fatality corridor model to make 8 ‘blackspots’ safer
The government said that the project recorded 100 % reduction in road crash deaths through a 70% reduction in pedestrian exposure distance, reducing pedestrian vulnerability to conflict, crashes and near-crashes. It said 12,000 people, including school children from the vicinity, were engaged during the trials. New Delhi: Over the next two years, eight traffic “blackspots”… Continue reading Zero fatality corridor model to make 8 ‘blackspots’ safer
Indian automotive veteran Ashok Thakur to lead KLT in South Africa
Thakur returned to India in 2018 where he took up the position of Vice President – Group Public Affairs for the Mahindra Group’s engagement with the government at the central and state level until his retirement. New Delhi: Ashok Thakur, who helped Mahindra build its brand on the African continent from its South African base,… Continue reading Indian automotive veteran Ashok Thakur to lead KLT in South Africa
NHAI makes video recordings through drones mandatory for all stages of NH projects
NHAI will also undertake monthly drone survey in all developed projects where NHAI is responsible for operation and maintenance, it said adding, “since these videos will be permanently stored on the ‘Data Lake’, they can also be used as evidence during the dispute resolution process before arbitral tribunals and courts.” Initiating measures to enhance transparency,… Continue reading NHAI makes video recordings through drones mandatory for all stages of NH projects
IIT Delhi to soon have Transportation Research and Injury Prevention Centre
Speaking about the new centre, K. Ramachandra Rao, IIT Delhi, said, “The forthcoming centre has a unique template for successfully running an interdisciplinary programme. It will aim to achieve new heights in road transport safety through core research themes. We will strive to develop standards for safe transport and urban mobility options.” New Delhi: The… Continue reading IIT Delhi to soon have Transportation Research and Injury Prevention Centre
Smart enforcement app for trucks launched to reduce logistics costs: ComMin
By using the integrated smart solution, data related to goods being carried on a truck would be fetched from the existing Goods and Services Tax Network (GSTN) and VAHAN databases and this data would be available to enforcement officers on the road in advance for approaching trucks. The government on Wednesday said it has launched… Continue reading Smart enforcement app for trucks launched to reduce logistics costs: ComMin
BEST liable to pay GST to operator of mini-AC buses, holds AAR
MP Enterprises raised periodical invoices on BEST along with GST at the rate of 12%. It was of the view that its services of ‘renting’ out the buses constituted a ‘supply’ which is taxable under GST laws. To substantiate that the transaction is ‘renting of buses’, it contended that effective possession and control is with… Continue reading BEST liable to pay GST to operator of mini-AC buses, holds AAR
Startup Lordstown Motors says production still on track
Lordstown, which is actively seeking investors, has enough cash on hand to get through next May and enough binding orders to keep production going through 2022, said company President Rich Schmidt. New Delhi: Startup electric truck maker Lordstown Motors said Tuesday that it’s still on track to begin production this fall despite a management shakeup… Continue reading Startup Lordstown Motors says production still on track
Job postings increase, 56% of industries exceed online hiring demand: Monster Employment Index
May has been showing growth in the job market despite the second wave and lockdowns as overall job postings have increased by 4 per cent year-on-year (May 2021 versus May 2020), according to a report. When it comes to hiring for the Top Management level professionals, with 16 or more years of work experience, witnessed… Continue reading Job postings increase, 56% of industries exceed online hiring demand: Monster Employment Index