Investors have sought in the sector to replicate the stock market success of electric vehicle (EV) maker Tesla Inc. By Isla Binnie MADRID: Spanish electric-vehicle charger maker Wallbox plans to list on the New York Stock Exchange later this year through a merger with shell company Kensington Capital Acquisition Corp, the companies said on Wednesday.… Continue reading Spanish EV charger maker Wallbox to go public in $1.5 billion New York SPAC deal
Author: Economic Times of India Online News
MoU to make Ladakh carbon neutral signed
According to CESL, the programme will be based on innovative business models, using carbon credits. New Delhi: Clean energy company Convergence Energy Services has tied up with the Ladakh administration to make the Union Territory carbon neutral. Under an MoU signed between the two, various clean energy and energy efficiency programmes will be implemented. “Beginning… Continue reading MoU to make Ladakh carbon neutral signed
Electric truck maker Lordstown warns of going concern risk
Lordstown, which went public last year through a reverse merger with a special-purpose acquisition company (SPAC), has struggled with the launch of its Endurance pickup truck. The truck is being built at a former General Motors Co plant in northeast Ohio. By Ankit Ajmera and Ben Klayman New Delhi: U.S. electric truck maker Lordstown Motors… Continue reading Electric truck maker Lordstown warns of going concern risk
EU, India trade agreement to benefit domestic exporters: TPCI
In 2020, India’s export to the EU was USD 38.43 billion, while imports stood at USD 33.4 billion. New Delhi: The proposed free trade agreement between India and the European Union would benefit domestic exporters as EU is one of the biggest traditional markets for the country, TPCI said on Tuesday. Trade Promotion Council of… Continue reading EU, India trade agreement to benefit domestic exporters: TPCI
Inflation may challenge markets next year: Morgan Stanley’s chief economist Chetan Ahya
Chetan Ahya, Morgan Stanley’s chief economist Inflation may challenge global financial markets in the middle of 2022, says Morgan Stanley‘s chief economist Chetan Ahya. Edited excerpts from an interview:Which countries in developed markets are taking steps to drive growth? Also what is the role of emerging markets in driving global growth?It is quite broad-based in… Continue reading Inflation may challenge markets next year: Morgan Stanley’s chief economist Chetan Ahya
Biden administration sets up ‘strike force’ to go after China on trade
A senior official said the United States had faced unfair trade practices from “a number of foreign governments” across all four of the supply chains covered in the initial review, including government subsidies and forced intellectual property transfers. The United States will target China with a new “strike force” to combat unfair trade practices, the… Continue reading Biden administration sets up ‘strike force’ to go after China on trade
Parkopedia offers parking and payment services to Toyota, Lexus drivers in US
Customer support is provided directly within the app by Parkopedia, should drivers need assistance with reservations, refunds or any other parking concerns. New Delhi: The off-street parking services, including reservations and digital payments, of the US-based parking service provider Parkopedia will be available to both Toyota and Lexus drivers in North America, the company said… Continue reading Parkopedia offers parking and payment services to Toyota, Lexus drivers in US
StanPlus to lease 100 ambulances from Grip Invest to expand network
StanPlus will begin the partnership with 10 Red Ambulances and eventually expand to 100 across 30 cities in India. StanPlus will be investing INR 2.5 crore for the 10 ambulances which will grow to INR 27crore to INR 28 crore for 100, the company said in a media release. New Delhi: The private sector patient… Continue reading StanPlus to lease 100 ambulances from Grip Invest to expand network
Ashok Leyland makes new postings in its drive to be among global top 10
In line with its vision to rank among the global top 10 in the commercial vehicle business, the company plans to strengthen the sustainability agenda through its ESG initiatives in line with the global best practices. New Delhi: Mainstreaming the agenda of sustainability and human resources (HR) for achieving its vision of being among the… Continue reading Ashok Leyland makes new postings in its drive to be among global top 10
Renault-Nissan India seeks ‘social distancing’ norms from state amid dispute with union
Renault-Nissan India wants the government to recommend “adequate social distancing” parameters based on norms in other automakers in the state. CHENNAI – Renault-Nissan India wants the government to recommend “adequate social distancing” parameters based on norms in other automakers in the state, it said in a filing reviewed by Reuters, amid an ongoing dispute with… Continue reading Renault-Nissan India seeks ‘social distancing’ norms from state amid dispute with union