Shell India appoints Mansi Tripathy as chairperson

Effective October 1, Mansi Tripathy will oversee the Shell Group of companies in India, in addition to her role as Vice-President, Shell Lubricants for Asia Pacific. She will relocate from Singapore to New Delhi, to take up the role. Shell India today announced the appointment of Mansi Madan Tripathy as the new Country Chair of Shell… Continue reading Shell India appoints Mansi Tripathy as chairperson

ICRA estimates healthy domestic aluminium demand growth in FY24 and FY25 aided by auto sector

ICRA has estimated the domestic aluminium demand growth to remain healthy at around 9% in the next two fiscal years, given the Government’s thrust on infrastructure development. Domestic demand growth would sharply outpace the rate of global growth in aluminium demand, the rating agency noted, as it foresees a stable outlook for the domestic aluminium industry.… Continue reading ICRA estimates healthy domestic aluminium demand growth in FY24 and FY25 aided by auto sector

Stäubli opens US$ 15 million facility in Bengaluru

Stäubli, a global industrial and mechatronic solution provider, has opened a US$ 15 million facility in Bengaluru.  The 25,000 sq ft office represents three Divisions – Electrical Connectors, Fluid Connectors and Robotics – and houses a product showcase/ demonstration area, training rooms for customers and employees, a warehouse, and a service centre.  The company conducted the… Continue reading Stäubli opens US$ 15 million facility in Bengaluru

Ashok Leyland concludes the 4000kms plus drive at Leh

Ashok Leyland concluded the 4000kms plus drive – Manzil ka Safar in the Stallion Truck at Leh, in the presence of Amandeep Singh, President LCV, International Operations, Defense and Power Solutions, Ashok Leyland; Major General Manjeet Singh Mokha, SM, Chief of Staff HQ XIV Corps; and Major General Sarabjit Singh Bakshi, SM, General Officer Commanding, Leh… Continue reading Ashok Leyland concludes the 4000kms plus drive at Leh

Schaeffler India acquires automotive e-commerce platform Koovers for Rs 142.4 crore

Schaeffler India, the industrial and automotive parts maker, has approved the acquisition of Bengaluru-based automotive aftersales B2B e-commerce platform Koovers for Rs 142.4 crore.  This will be done via a share purchase agreement and the transaction  will be completed in the third quarter of CY 2023.  Koovers reported revenues of Rs 777 million in FY… Continue reading Schaeffler India acquires automotive e-commerce platform Koovers for Rs 142.4 crore

Log9 indicates production hit on delayed visas to Chinese experts: Report

Log9 Materials has said that its production facility at Bengaluru could be affected due to the late arrrival of Chinese experts on the back of delayed visa application approvals by the New Delhi Government.  “If Chinese engineers don’t arrive on time, then our cell line production will get impacted, the lithium ion battery manufacturer’s Co-founder… Continue reading Log9 indicates production hit on delayed visas to Chinese experts: Report

Quantum Energy inaugurates new EV showroom in Kolhapur

Quantum Energy, a leading electric vehicle (EV) startup specialising in the design, development, and manufacturing of electric scooters, has announced the inauguration of its new showroom in Kolhapur, Maharashtra. This new addition marks the company’s fourth EV two-wheeler showroom in the state. Customers can take a look at the electric scooters including the Plasma, Elektron,… Continue reading Quantum Energy inaugurates new EV showroom in Kolhapur

Quantum Energy inaugurates new EV showroom in Kolhapur

Quantum Energy, a leading electric vehicle (EV) startup specialising in the design, development, and manufacturing of electric scooters, has announced the inauguration of its new showroom in Kolhapur, Maharashtra. This new addition marks the company’s fourth EV two-wheeler showroom in the state. Customers can take a look at the electric scooters including the Plasma, Elektron,… Continue reading Quantum Energy inaugurates new EV showroom in Kolhapur

Toyota Rumion priced at Rs 10.29 lakh, bookings open

Toyota Kirloskar Motor officially announced the start of bookings and the prices of its new Toyota Rumion which was launched earlier this August.  The latest offering will be available at ex-showroom prices from Rs 10,29,000 toRs 13,68,000, with deliveries expected to commence from 8 September onwards.  Atul Sood, Vice President – Sales and Strategic Marketing,… Continue reading Toyota Rumion priced at Rs 10.29 lakh, bookings open

Toyota Rumion priced at Rs 10.29 lakh, bookings open

Toyota Kirloskar Motor officially announced the start of bookings and the prices of its new Toyota Rumion which was launched earlier this August.  The latest offering will be available at ex-showroom prices from Rs 10,29,000 toRs 13,68,000, with deliveries expected to commence from 8 September onwards.  Atul Sood, Vice President – Sales and Strategic Marketing,… Continue reading Toyota Rumion priced at Rs 10.29 lakh, bookings open