SURF CITY, N.C., July 26, 2022 /PRNewswire/ — Saltwater Suites, a luxury seaside hotel on Topsail Island, announced today that it will launch the Saltwater Foundation, a new charitable fund to support local charities on Topsail Island and in the greater Wilmington area. “We founded Saltwater Suites based on the idea that we can make… Continue reading Topsail Island’s Saltwater Suites Launches Saltwater Foundation Charitable Fund
Category: News Type
FoxFury Announces a New Less-Lethal Tactical Electronic Distraction Device for School Safety
OCEANSIDE, Calif., July 26, 2022 /PRNewswire/ — FoxFury Lighting Solutions announces the launch of the Tactical Electronic Distraction Device (T.E.D.D.). The less-lethal T.E.D.D. is a programmable light and sound device that can be used to distract and disorient assailants, giving security personal and teachers the time necessary to safely get students out of a building.… Continue reading FoxFury Announces a New Less-Lethal Tactical Electronic Distraction Device for School Safety
Explainer-India’s economic outlook at the mercy of monsoon
The spread and distribution of monsoon rainfall has been erratic across India. Overall monsoon rains were 8% below average in June, with a shortfall as high as 54% in some regions. The monsoon, which accounts for about 75% of India‘s annual rainfall, is the lifeblood of its nearly $3 trillion agriculture-dependent economy. Asia‘s third-largest economy… Continue reading Explainer-India’s economic outlook at the mercy of monsoon
Dassault Systemes raises annual targets after sales beat
The company said the industrial business was one of the main drivers for growth, with Catia, Enovia and Delmia brands all delivering double-digit growth. By Jagoda Darlak and Federica Mileo French software maker Dassault Systemes on Tuesday raised its annual forecasts after reporting second-quarter revenue above analysts’ expectations driven by its industrial business. The group,… Continue reading Dassault Systemes raises annual targets after sales beat
Globalization is just getting started
Like it or not, we live in a globalized economy. How you define or measure globalization can vary, but it tends to just mean greater financial integration among countries, as well as more political cooperation, immigration, and trade of goods and services. In all these domains, globalization has been on the rise until recently. Some… Continue reading Globalization is just getting started
Electric powertrain growth power KPIT’s Q1 profit
KPIT, a leading partner for developing software-defined vehicles, reported its net profit growing by 41.79 percent to Rs 85.43 crore during Q1FY23 as against Rs 60.25 crore during the corresponding period of Q1FY22 and 6 percent on sequential basis to Rs 80.5 during Q4FY22 led by growth in electric powertrain, architecture and middleware domains. According to Kishor Patil,… Continue reading Electric powertrain growth power KPIT’s Q1 profit
EV share in auto parts to be 9-11% by FY2027: CRISIL
The automotive component manufacturing industry will be the beneficiary of growing demand for electric vehicles in India. Recent FADA retail sales data reveals that cumulative EV sales across four segments – cars, two- and three-wheelers and commercial vehicles – soared by an estimated 686% to 211,398 units in the April-June 2022 period (Q1 FY2022: 26,833… Continue reading EV share in auto parts to be 9-11% by FY2027: CRISIL
Volvo India launches 414km-range XC40 Recharge at Rs 55.90 lakh
Volvo Car India today launched its pure electric XC40 Recharge SUV, which will be the first locally assembled luxury electric vehicle in India. Priced at Rs 55.90 lakh (ex-showroom), it is Rs 11.40 lakh more expensive than its petrol-engined sibling. The Volvo XC40 Recharge gets a 78kWh battery capable of 150kW DC fast charging that… Continue reading Volvo India launches 414km-range XC40 Recharge at Rs 55.90 lakh
Bajaj Auto Q1 profit up 11 percent on better margins
Bajaj Auto has posted Q1FY23 standalone profit of Rs 1,173 crore, up 11 percent YoY from Q1FY22 profit of Rs 1,061 crore. The Q1 revenues from operations rose 8 percent YoY to Rs 8,005 crore compared to Rs 7,386 crore in the same quarter last year. On a sequential basis, the revenue from operations was flat compared… Continue reading Bajaj Auto Q1 profit up 11 percent on better margins
Eaton is bullish on e-mobility
Eaton, the New York Stock Exchange listed intelligent power management company expects its e-mobility business to become the new DNA going forward while co-existing with its current vehicle business. Shailendra Shukla, Managing Director, Vehicle Group, Eaton India told Autocar Professional that e-mobility is being treated with separate focus at product and other levels by virtue of the apparent shift in demand towards it. “We… Continue reading Eaton is bullish on e-mobility