KPIT offers share-based benefits to attract retain talent

Pune-based KPIT, a software solutions provider for the auto sector, has in order to attract and retain critical talent amidst the ongoing attrition churns, introduced share-based employee benefit plans. The coverage of this scheme, the company noted will be based on roles and not grades, covering managers and above roles, from technical and top project managers­, executive board and remaining… Continue reading KPIT offers share-based benefits to attract retain talent

German Handelsblatt: VW major shareholder: Porsche SE confirms profit forecast004965

Porsche SE Due to the uncertainty caused by the war in Ukraine, Volkswagen’s main owner Porsche SE continues to believe that both a decline and a significant increase in profits are possible this year. The holding company, through which the Porsche and Piëch families hold the majority of voting rights in the Wolfsburg car group,… Continue reading German Handelsblatt: VW major shareholder: Porsche SE confirms profit forecast004965

Ammunition Market revenue to cross USD 43 Bn by 2030, Says Global Market Insights Inc.

Major ammunition market participants include Ruag Ammotech, Global Ordnance, Northrop Grumman Corporation, CCI, BAE Systems, Elbit Systems Ltd., Magtech, NAMMO AS, Denel, and Nexter Group. SELBYVILLE, Del., Aug. 8, 2022 /PRNewswire/ — The ammunition market size is expected to record a valuation of USD 43 billion by 2030, as reported in a research study by… Continue reading Ammunition Market revenue to cross USD 43 Bn by 2030, Says Global Market Insights Inc.

Don’t Buy Magna International Inc. (TSE:MG) For Its Next Dividend Without Doing These Checks

Some investors rely on dividends for growing their wealth, and if you’re one of those dividend sleuths, you might be intrigued to know that Magna International Inc. (TSE:MG) is about to go ex-dividend in just 3 days. The ex-dividend date is usually set to be one business day before the record date which is the… Continue reading Don’t Buy Magna International Inc. (TSE:MG) For Its Next Dividend Without Doing These Checks

UAW leaders’ salaries going up, but percentage increase isn’t as high as in 2018

In 2018, the UAW made an intriguing change in the language that would appear in the union’s constitution related to salaries for positions such as president, secretary-treasurer and vice presidents. Rather than listing the actual salaries as was the case previously, the 2018 document provided a formula, or multiplier, used to calculate the individual salaries… Continue reading UAW leaders’ salaries going up, but percentage increase isn’t as high as in 2018

A Duo of Google Meet Apps Is Officially Here, and It’s Confusing

Google is officially kicking off the merger of its two video chat apps, Google Meet and Google Duo. Google announced the merger in June, with the plan to keep the Google Meet brand name while merging the best of both code bases into the Google Duo app. According to Google’s PR email (no links, sorry),… Continue reading A Duo of Google Meet Apps Is Officially Here, and It’s Confusing

California DMV accuses Tesla of making false claims about Autopilot and Full-Self Driving

California’s Department of Motor Vehicles (DMV) has accused Tesla of falsely advertising its Autopilot and Full Self-Driving (FSD) features, as reported earlier by the Los Angeles Times (via CNBC). The agency filed two separate complaints with the state’s Office of Administrative Hearings on July 28th, alleging Tesla made “untrue or misleading” claims about its vehicles’… Continue reading California DMV accuses Tesla of making false claims about Autopilot and Full-Self Driving

Ships delay sailing to Taiwan port to avoid China drill zone

Additional delays are likely to ripple out and eventually affect shipments of Asian goods headed to the US, said Drewry’s Krishna. China’s military exercises are making ships think twice about heading into one of Taiwan’s most important ports, creating potential delays for shipments of electronic goods. Ships are dropping anchor at sea to avoid a… Continue reading Ships delay sailing to Taiwan port to avoid China drill zone

Clean Technica: UK Plug In EV Share Shrinks In July, BEVs Still Growing 002157

The UK auto market saw plugin electric vehicles take 16.7% share in July, down from 17.1% year on year. BEV share grew, but not enough to outweigh PHEVs’ lower share. Overall auto volumes were down 9% YoY, to 112,162, the lowest July in over 16 years. Hyundai was the leading brand in UK BEV sales… Continue reading Clean Technica: UK Plug In EV Share Shrinks In July, BEVs Still Growing 002157

NHTSA probes Tesla crashes that killed 2 motorcyclists

Detroit — Two crashes involving Teslas apparently running on Autopilot are drawing scrutiny from federal regulators and point to a potential new hazard on U.S. freeways: The partially automated vehicles may not stop for motorcycles. The National Highway Traffic Safety Administration sent investigation teams to two crashes last month in which Teslas collided with motorcycles… Continue reading NHTSA probes Tesla crashes that killed 2 motorcyclists