The Supreme Court‘s order on Friday has upheld the stand taken by the National Company Law Tribunal (NCLT) that had given a clean chit to the Tata Group over the allegations levelled by Shapoorji Pallonji Group companies, including on the Nano car project, transactions with Mehli Mistry, the Air Asia joint venture and the C… Continue reading Supreme Court upholds NCLT’s views on giving clean chit to Tata Group
Author: Economic Times of India Online News
Tech firm Netradyne ties up with Drive Smart Drive Safe to analyse road accidents
The data, they hoped in a press release, could help in the overall efforts of the government to fix the accident prone spots they have identified along the trial route. Bengaluru-based startup Netradyne, engaged in developing AI-based solutions for the auto industry to prevent road accidents, has tied up with nonprofit organization Drive Smart Drive… Continue reading Tech firm Netradyne ties up with Drive Smart Drive Safe to analyse road accidents
Adani Road Transport incorporates wholly-owned subsidiary
New Delhi: Adani Road Transport (ARTL) on Friday said it has incorporated a wholly-owned arm PRS Tolls Private LTD (PRSTPL). It will serve as a special purpose vehicle (SPV) to execute highway projects under toll operate transfer (TOT) mode. “Adani Road Transport Limited (“ARTL”), a Wholly Owned Subsidiary of the Company, has incorporated a WOS… Continue reading Adani Road Transport incorporates wholly-owned subsidiary
Battery swap station at Azadpur
The battery swapping station at Azadpur can provide 336 swaps in a day. New Delhi: Vice-chairperson of the Dialogue and Development Commission of Delhi Jasmine Shah on Thursday inaugurated a battery-swapping station in north Delhi’s Azadpur. The station has been established by discom Tata Power-DDL in partnership with SUN Mobility and is set to be… Continue reading Battery swap station at Azadpur
SUN Mobility ties up with TPDDL to set up a network of battery swap points for EVs
By creating a vast network of Swap Points across Delhi, SUN Mobility and TPDDL are supporting the capital’s “Switch Delhi” campaign. Tata Power joint venture firm Tata Power Delhi Distribution Ltd (TPDDL) on Thursday announced its partnership with SUN Mobility to set up a network of ‘Battery Swap Points‘ across North and North-West Delhi. Tata… Continue reading SUN Mobility ties up with TPDDL to set up a network of battery swap points for EVs
Tata-Mistry case: Supreme Court rules in favour of Tata Group, junks appeals of Cyrus Mistry camp
Cyrus Mistry (left) had succeeded Ratan Tata as chairman of Tata Sons in 2012 but was ousted four years later. The Supreme Court today pronounced its long-awaited verdict in the Tata-Mistry case, one of corporate India’s bitterest-ever boardroom brawls, ruling in favour of Tata Group and junking appeals by Cyrus Investments. The verdict was pronounced… Continue reading Tata-Mistry case: Supreme Court rules in favour of Tata Group, junks appeals of Cyrus Mistry camp
Bajaj Auto, Pierer Mobility shared platform vehicles to roll out in 2022
New Delhi: Pierer Mobility AG and Bajaj Auto Limited are strengthening their 15-year long strategic cooperation to develop electric two-wheelers to meet the growing demand for innovative e-mobility solutions. This renewed strategy will be centered on the development of common electric platforms to deliver the advantage of scale for all critical components, allowing both the… Continue reading Bajaj Auto, Pierer Mobility shared platform vehicles to roll out in 2022
Chinese smartphone maker Xiaomi to make EVs using Great Wall’s plant -sources
By Julie Zhu and Yilei Sun HONG KONG/BEIJING: China’s Xiaomi Corp plans to make electric vehicles (EVs) using Great Wall Motor Co Ltd’s factory, said three people with direct knowledge of the matter, making it the latest tech firm to join the smart mobility race. Xiaomi, one of the world’s biggest smartphone makers, is in… Continue reading Chinese smartphone maker Xiaomi to make EVs using Great Wall’s plant -sources
S.Korea’s LG shareholders approve plan to spin off affiliates
SEOUL: South Korea’s LG Corp shareholders on Friday approved the company’s plan to spin off five affiliates, which LG said would allow it to focus on existing core businesses such as electronics, chemicals and telecommunications services. LG announced in November that it would spin off a new holding company and transfer its holdings in LG… Continue reading S.Korea’s LG shareholders approve plan to spin off affiliates
India’s carbon neutral aim hinges on top emitters using hydrogen
Emissions from India’s steel industry are projected to more than triple to 837 million tons over the next three decades as demand for the alloy more than quadruples, The Energy and Resources Institute said in a report last year. India’s steel mills, the second-largest producers globally, expect hydrogen-based production to be key to cutting pollution… Continue reading India’s carbon neutral aim hinges on top emitters using hydrogen