The National Highways Authority of India (NHAI) is working to identify bottlenecks in the road construction sector to up its average yearly road construction bar of 4,000 kilometres, a senior government official said. Filling the gaps in the system will help the authority increase yearly construction by at least 1,000 km to begin with, the… Continue reading NHAI working to identify bottlenecks to speed up road construction
Author: Economic Times of India Online News
Electric vehicles vroom as petrol prices race ahead
There has been a 50% increase in the sales of e-vehicles in the last two months. Coimbatore: Electric vehicles, especially scooters, are selling like hot cakes in the district, thanks to the petrol price that crossed the Rs 90 mark. According to transport department officials here, more than 300 e-vehicles were registered in 2020, a… Continue reading Electric vehicles vroom as petrol prices race ahead
‘Switch Delhi’ campaign: 4th week to focus on raising awareness among RWAs to promote EV adoption
The minister also emphasised the need for associating local MLAs and councillors with the campaign and urged the RWAs to organize a door-to-door sensitization drive. New Delhi: Raising awareness among resident welfare associations(RWAs) to promote the adoption of electric vehicles (EVs) will be the key focus during the fourth week of the ‘Switch Delhi‘ campaign,… Continue reading ‘Switch Delhi’ campaign: 4th week to focus on raising awareness among RWAs to promote EV adoption
How women change corporate dynamics in manufacturing industry
By Takahiro Henmi The true corporate ‘mantra’ today is to believe in the practice of developing fruitful relationships for developing businesses around the world. With unlimited challenges ahead of them, the human resources teams are required to develop the workforce based on their achievements and performance, regardless of their gender, age, nationality, or any other… Continue reading How women change corporate dynamics in manufacturing industry
Sterling and Wilson forms JV with Enel X to foray into electric mobility segment in India
New Delhi: Sterling and Wilson Pvt Ltd (SWPL), a Shapoorji Pallonji Group company on Friday announced its entry into the electric mobility segment in India. SWPL has signed a 50-50 joint venture (JV) with Enel X, a subsidiary of Enel Group to launch and create electric charging infrastructure in the Indian sub-continent, the companies said… Continue reading Sterling and Wilson forms JV with Enel X to foray into electric mobility segment in India
Omega Seiki invests INR 100 crores for manufacturing facility in Bangladesh
The vehicles will be powered by Li-Ion batteries and with powertrains to be built in Bangladesh, with technology transfers from India. New Delhi: Electric vehicle manufacturer Omega Seiki Pvt Ltd has invested INR 100 crore to set up a manufacturing facility near Dhaka in Bangladesh. The new company will be registered as OSM-Bangladesh, Omega Seiki… Continue reading Omega Seiki invests INR 100 crores for manufacturing facility in Bangladesh
Air taxi startup Joby to go public in $6.6 billion blank-check deal
Joby is the first aerial vehicle startup to go public via the SPAC route. By Paul Lienert and Anirban Sen Joby Aviation, the 12-year-old electric air taxi startup partnered with Toyota Motor Corp and Uber Technologies, will go public in a $6.6 billion reverse merger with blank check company Reinvent Technology Partners, the firms said… Continue reading Air taxi startup Joby to go public in $6.6 billion blank-check deal
UK-Japan trade deal settled nerves for Japanese firms: Honda exec
Britain and Japan formally signed a trade agreement in October, marking Britain’s first big post-Brexit deal on trade. LONDON: Britain’s trade deal with Japan settled the nerves of a lot of Japanese businesses in the United Kingdom and gives them confidence about their future prospects there, a senior Honda executive said on Tuesday. Japan, the… Continue reading UK-Japan trade deal settled nerves for Japanese firms: Honda exec
Bharat Forge, Paramount Group to make protected vehicles in India
This collaboration brings together the manufacturing and technology excellence of two leading companies, which have matching synergies and complementary capabilities. Abu Dhabi: Engineering and technology conglomerate Bharat Forge Ltd and global aerospace and technology company Paramount Group on Monday announced a cooperation that will see them join technologies, capabilities and expertise to manufacture armoured vehicles… Continue reading Bharat Forge, Paramount Group to make protected vehicles in India
Geely, Concordium JV to provide blockchain technologies, services in China
The JV will provide blockchain business models and assist customers in building business use-cases and solutions in various industries by focusing on relevant cutting-edge technologies like digital Identity, regulatory and privacy enhancement technologies. New Delhi: The Concordium Foundation and the Geely Holding Group have signed a joint venture (JV) agreement to offer businesses and customers… Continue reading Geely, Concordium JV to provide blockchain technologies, services in China