As per a press statement, the Control Room was set up to keep an eye on the problems caused by heavy rains on the country’s National Highways, such as traffic jams, accidents caused by poor vision and potholes, water logging, road blockage, and landslides, among other things. In preparation for the monsoon, the Ministry of Road… Continue reading Transport Ministry sets up a control room to monitor traffic movements along highways during monsoon
Category: US Motoring Press
Multipl partners with Acko to offer integrated insurance payment options to its customers
Multipl, India’s first and only PE-backed Invest for Spending platform, has partnered with Acko, a tech-first insurance firm, to offer integrated insurance payment options to its customers. The partnership is a step to provide car owners with an option to invest and renew their policy with an extra benefit of returns. The association will see… Continue reading Multipl partners with Acko to offer integrated insurance payment options to its customers
Yulu launches first campus ambassador programme to foster entrepreneurship
The Wynn Freedom Ambassadors will regularly attend information sessions at Yulu’s office, getting updated with electric mobility, marketing and sales strategies, and the dynamic start-up ecosystem in the country. Shared electric mobility firm Yulu has launched its first campus ambassador programme ‘Wynn Freedom Ambassador,’ which invites students from Bengaluru to hone their entrepreneurial skills with… Continue reading Yulu launches first campus ambassador programme to foster entrepreneurship
South Indian Bank signs MoU with M&M for dealer finance
South Indian Bank has signed a Memorandum of Understanding (MoU) with Mahindra and Mahindra’s Automobile division for providing the latter’s dealers with financing solutions, thereby meeting their vehicle inventory funding requirements. Biji S.S, Senior General Manager and Group Business Head, South Indian Bank, said, “This alliance augments our focus on dealer finance business and we are confident… Continue reading South Indian Bank signs MoU with M&M for dealer finance
Government assures PLI beneficiaries their issues will be resolved: PTI
The government on Tuesday assured beneficiaries of the Production Linked Incentive scheme to resolve their issues, if any so that they can avail the PLI benefits on time, PTI reported. Various technical issues were brought to light by industry players at a workshop held by the commerce and industry ministry on the PLI (Production Linked… Continue reading Government assures PLI beneficiaries their issues will be resolved: PTI
ABB expands large robot family with four energy-saving models and 22 variants
ABB Robotics is expanding its large robot offering with four new models and 22 variants offering more choice increased coverage and greater performance. The next-generation models include the IRB 6710, IRB 6720, IRB 6730 and IRB 6740, suitable for payloads ranging from 150kg to 310kg, with a reach from 2.5m to 3.2m, offering users greater… Continue reading ABB expands large robot family with four energy-saving models and 22 variants
Carmakers to post record June dispatches but growth rate likely to fall to low single digit
It is going to be a bittersweet June for the Indian passenger car market. Despite registering the highest number of June dispatches ever at 3.25 to 3.30 lakh units, Autocar Professional learns that the growth rate for the month is expected to fall to 2.5-4 percent, which is the lowest growth rate in fifteen months.… Continue reading Carmakers to post record June dispatches but growth rate likely to fall to low single digit
Carmakers to post record June dispatches but growth rate likely to fall to low single digit
It is going to be a bittersweet June for the Indian passenger car market. Despite registering the highest number of June dispatches ever at 3.25 to 3.30 lakh units, Autocar Professional learns that the growth rate for the month is expected to fall to 2.5-4 percent, which is the lowest growth rate in fifteen months.… Continue reading Carmakers to post record June dispatches but growth rate likely to fall to low single digit
Ford confirms salaried worker layoffs wrapping up in U.S., Canada
Ford Motor Co. worked to wrap up layoffs of salaried employees in the U.S. and Canada by late afternoon Wednesday, the automaker confirmed to the Detroit Free Press. “Notifications are largely finished,” T.R. Reid, Ford spokesman, told the Free Press. “People who were affected are being provided with severance benefits and assistance in finding new… Continue reading Ford confirms salaried worker layoffs wrapping up in U.S., Canada
Residents file lawsuit to fight massive Ford battery plant in Marshall
A group of Marshall residents sued local officials Tuesday in a new bid to derail a massive Ford battery plant slated for the bucolic west Michigan community. The lawsuit, filed in Calhoun County Circuit Court, is the latest effort to force Marshall city officials to recognize a citizen-led drive to reverse a local regulatory decision… Continue reading Residents file lawsuit to fight massive Ford battery plant in Marshall