The road-based logistics sector is expected to grow 7-9 per cent this fiscal on favourable demand but margins may be under pressure due to higher fuel cost, says a report. However, operators’ debt coverage metrics are expected to marginally weaken in FY23 from FY22 levels. This will be largely due to the debt-funded vehicle replacement… Continue reading Road-based logistics sector may see 7-9% rise in revenue this fiscal: Report
Tag: Possible_Terrorism_Warfare
VW is getting into the EV battery business
With supply chains still in disarray and the war in Ukraine wreaking havoc on EV battery component commodity prices, many forward-thinking automakers are scrambling to secure not only stocks of the valuable metals like cobalt, lithium and nickel that go into EV batteries, but also the means of of building the batteries themselves. On Thursday,… Continue reading VW is getting into the EV battery business
German Handelsblatt: Auto industry: Into the future with “Salzgiga” – VW lays the foundation for a model plant for battery production004661
The VW Group begins building its first battery cell factory in Salzgitter, Lower Saxony. “Salzgiga will become the battery center for the entire group,” said CTO Thomas Schmall on Thursday at the laying of the foundation stone for the two-billion-dollar project. The new Volkswagen cell will be developed in Salzgitter, “which we will then bring… Continue reading German Handelsblatt: Auto industry: Into the future with “Salzgiga” – VW lays the foundation for a model plant for battery production004661
China says India’s frequent probes of its firms are hurting business confidenceMany Chinese firms have struggled in India following a border clash in …
Multiple investigations by Indian enforcement agencies into Chinese companies are damaging the confidence of foreign entities investing and operating in the country, China’s embassy in the South Asian nation has said. Many Chinese firms have struggled to do business in India after political tension surged following a border clash in 2020. India has cited security… Continue reading China says India’s frequent probes of its firms are hurting business confidenceMany Chinese firms have struggled in India following a border clash in …
10 Industrial Stocks That Are Must Buys According to Caxton Associates
In this article we present the list of 10 industrial stocks that are ‘must buys’ according to Caxton Associates. Click to skip ahead and see the 5 Industrial Stocks That Are Must Buys According to Caxton Associates. General Electric Company (NYSE:GE), 3M Company (NYSE:MMM), and Aptiv PLC (NYSE:APTV) are some of the must-buy industrial stocks… Continue reading 10 Industrial Stocks That Are Must Buys According to Caxton Associates
German Handelsblatt: Auto industry: Into the future with “Salzgiga” – VW lays the foundation for a model plant for battery production004660
The VW Group begins building its first battery cell factory in Salzgitter, Lower Saxony. “Salzgiga will become the battery center for the entire group,” said CTO Thomas Schmall on Thursday at the laying of the foundation stone for the two-billion-dollar project. The new Volkswagen cell will be developed in Salzgitter, “which we will then bring… Continue reading German Handelsblatt: Auto industry: Into the future with “Salzgiga” – VW lays the foundation for a model plant for battery production004660
Global Interest in Vita Inclinata’s Vita Rescue System Continues to Accelerate as the Portuguese Air Force Completes a Series of Missions
WASHINGTON, July 7, 2022 /PRNewswire/ — Vita Inclinata (Vita), developer and producer of precision aerospace and industrial stabilization devices, today announced the completion of its Vita Rescue System (VRS) demonstration to Squadron 751 at Air Base #6 in Portugal. The VRS litter attachment demonstration in Portugal underscores the global interest—and need—to improve the safety and efficiency… Continue reading Global Interest in Vita Inclinata’s Vita Rescue System Continues to Accelerate as the Portuguese Air Force Completes a Series of Missions
Startup funding in India plummeted by 33% to $6.9 billion in Q2: Report
Venture funding for the Indian startup ecosystem plummeted by a staggering 33% to $6.9 billion in the April-June quarter (Q2) from $10.3 billion in the first quarter (Q1) of this calendar year, according to a report from Tracxn Technologies. According to the data intelligence platform’s report, 121 new firms completed their first funding rounds in… Continue reading Startup funding in India plummeted by 33% to $6.9 billion in Q2: Report
Great Wall’s exit signals curtains for Chinese OEMs
The Great Wall pavilion at the Auto Expo 2020 Two and half years after US carmaker GM struck a deal with Great Wall Motors (GWM) of China to sell the Talegaon plant, the Chinese company has apparently thrown in the towel, and asked the handful of employees it hired to leave. This effectively means the… Continue reading Great Wall’s exit signals curtains for Chinese OEMs
North Korean hackers are using ransomware to attack healthcare providers, feds warn
State-sponsored North Korean hackers have been targeting healthcare providers since at least May 2021, according to the US government. The FBI, the Cybersecurity and Infrastructure Security Agency (CISA) and the Department of the Treasury have issued a joint advisory warning healthcare organizations about the attackers’ MO. Apparently, they’ve been using a ransomware called Maui to… Continue reading North Korean hackers are using ransomware to attack healthcare providers, feds warn