Chennai-based Sundram Fasteners secures a USD 250m contract as the largest EV deal in India, while FoxConn eyes India for its EV factory. Contract manufacturing gains momentum in the EV sector, offering expertise and flexibility for OEMs amidst market challenges and transforming mobility trends. Close on the heels of FoxConn making the India Electric Vehicle… Continue reading Contract manufacturing: The next wave of disruption in EV production
Tag: People
French company Vinci Highways on the road to India, again
Road execution activity in fiscal 2024 is expected to increase 16-21% to 12,000-12,500 km, in the backdrop of a healthy pipeline of projects, increased capital outlay by the government and focus on project completions ahead of the general elections, said a recent ICRA report. Vinci Highways, the French company that had exited India about eight… Continue reading French company Vinci Highways on the road to India, again
Ceat confident of WEF certification for cutting-edge tech at Chennai plant
Ceat, the flagship company of the Mumbai-headquartered Indian industrial enterprise RPG Group, is accelerating its push to deploy Industry 4.0 technologies at six of its tyre manufacturing plants located across India. The tyre maker, which dominates the Indian electric-two-wheeler tyre segment with a 40% market share, is eyeing the World Economic Forum’s Lighthouse Certification next… Continue reading Ceat confident of WEF certification for cutting-edge tech at Chennai plant
Cleantechnica: Tesla Moves Toward Demand-Based Pricing On Inventory 002894
In this article, I review pricing and inventory of the Tesla Model 3 in three states and discuss how Tesla is moving away from its national pricing model. Everything in this article is about inventory vehicles. Pricing of cars custom ordered are still consistent nationwide. Inventory Varies Widely In Quantity & Price In Different States… Continue reading Cleantechnica: Tesla Moves Toward Demand-Based Pricing On Inventory 002894
Meta’s Threads sent another app named Threads to the top of the App Store charts
It’s confusing, I know. When Instagram launched Threads on July 5th, Meta CEO Mark Zuckerberg took to Twitter for the first time in 11 years. The tweet, which did not include any text, saw Zuckerberg reference the Spider-Man pointing meme to take a jab at Elon Musk. It turns out the use of that meme… Continue reading Meta’s Threads sent another app named Threads to the top of the App Store charts
Russia bans state officials from using Apple devices over US spying concerns
The country’s intelligence agency recently claimed it had uncovered an iPhone spying operation. Russian authorities have begun to ban government employees from using Apple devices for official state use, according to the Financial Times. As of Monday, the country’s trade ministry will prohibit the use of iPhones for all “work purposes.” Other agencies, including Russia’s… Continue reading Russia bans state officials from using Apple devices over US spying concerns
The LP View: All eyes on how GPs handle business integrity risks
Limited partners (LPs) who have committed capital in hordes to India-focused private equity (PE) and venture capital (VC) firms, hoping to make windfall gains in the years to come, are keenly watching the performance of fund managers as reports of corporate governance lapses emerge within the startup ecosystem. Go to Source
Benefits of China’s new rules for private fund industry outweigh the negatives: Experts
China introduced its much-anticipated rules to regulate its $2.9-trillion private investment fund market last week, which many industry professionals consider “a milestone” in attempts to govern the rapidly maturing sector and safeguarding investor interest. Go to Source
Ceat confident of winning WEF certification for cutting-edge tech at Chennai plant
Ceat, the flagship company of the Mumbai-headquartered Indian industrial enterprise RPG Group, is accelerating its push to deploy Industry 4.0 technologies at six of its tyre manufacturing plants located across India. The tyre maker, which dominates the Indian electric-two-wheeler tyre segment with a 40% market share, is eyeing the World Economic Forum’s Lighthouse Certification next… Continue reading Ceat confident of winning WEF certification for cutting-edge tech at Chennai plant
@Nissan: Nissan Formula E Team secures second place in Rome001110
July 16, 2023 ROME, Italy – Nissan Formula E Team secured its first podium finish of the 2022/23 ABB FIA Formula E World Championship at the Rome E-Prix, with Norman Nato securing an excellent second place in Round 14. Having put in a strong qualifying performance to start the 24-lap event third, the Frenchman moved… Continue reading @Nissan: Nissan Formula E Team secures second place in Rome001110