Municipal body issues 1,224-crore tender for concreting 261 more roads in eastern suburbs

Soon after taking charge as chief minister in 2022, Eknath Shinde directed BMC to concretise all roads the in next two years to make Mumbai pothole free. BMC has floated a INR 1,224-crore tender for concreting 261 roads in the eastern suburbs. This is in addition to the 182 roads in the eastern suburbs where… Continue reading Municipal body issues 1,224-crore tender for concreting 261 more roads in eastern suburbs

Sony, Honda EV venture to roll out three models before 2030

Honda aims to combine the automaker’s experience in engineering and building vehicles with Sony’s software and gaming expertise for a new line of EVs due in 2025. New Delhi: A joint venture set up by Japan’s Sony Group and Honda Motor will introduce three electric vehicle (EV) models by the second half of this decade,… Continue reading Sony, Honda EV venture to roll out three models before 2030

Warehousing & logistics sector leasing increase to 21% in 2023

The sector is expected to expand at a CAGR of 10%-13% for next couple of years, predominated by third-party logistics and e-commerce enterprises. Warehousing & Logistics recorded absorption of 37.8 million sq ft, 21% higher, compared to the previous year. Absorption has been on the rise since 2021, increasing gradually year over year. Despite dried-up… Continue reading Warehousing & logistics sector leasing increase to 21% in 2023

M&M Q3 Results: Profit surges 61% YoY to INR 2,454 crore, but misses estimate

The standalone PBIT for the auto segment (excluding PY Trucks impairment) rose 56% YoY to INR 1,533 crore and PBIT margins improved 170 basis points to 8.3%. Leading automaker Mahindra and Mahindra (M&M) on Wednesday reported 61% growth in its standalone net profit at INR 2,454 crore for the quarter ended December, which was slightly… Continue reading M&M Q3 Results: Profit surges 61% YoY to INR 2,454 crore, but misses estimate

Crest issues fresh reminder to MC on EV charging stns

An MoU between the two entities will pave way for the charging stations, setup by private contractors, to get electric supply from the UT electricity department. The Chandigarh Renewable Energy, Science & Technology Promotion Society (Crest) has shot off a fresh reminder to the municipal corporation (MC) for signing of the pending memorandum of understanding… Continue reading Crest issues fresh reminder to MC on EV charging stns

@BMW: BMW continues run of success, taking top spot in numerous international competitions once again in 2023.003239

Munich. With a brace of victories in the “Best Cars” competition, BMW has backed up its successful end to 2023 with a similarly fruitful beginning to 2024. The BMW 2 Series Coupé wrapped up class victory in the compact segment for the third time in succession, while the BMW X1 led the way in the “compact SUV”… Continue reading @BMW: BMW continues run of success, taking top spot in numerous international competitions once again in 2023.003239

Automotive Fuel Cell Market worth $2.1 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, Feb. 12, 2024 /PRNewswire/ — Automotive Fuel Cell Market is projected to grow from USD 0.2 billion in 2024 to USD 2.1 billion by 2030, at a CAGR of 48.0%, according to a new report by MarketsandMarkets™. Factors such as advancements in better fuel efficiency and increased driving range, rapid increase in investment and development for… Continue reading Automotive Fuel Cell Market worth $2.1 billion by 2030 – Exclusive Report by MarketsandMarkets™

Vietnam Cold Chain Market Poised for Chilling Growth at 14.8% CAGR: Rising Demand and Infrastructure Challenges Highlighted: Ken Research

GURUGRAM, India, Feb. 12, 2024 /PRNewswire/ — Vietnam’s Cold Chain Market is experiencing a surge, driven by an expanding middle class, increasing demand for frozen and perishable goods, and government initiatives. According to a new report by Ken Research, “Vietnam Cold Chain Market Outlook to 2026F,” the market is expected to witness a robust growth of… Continue reading Vietnam Cold Chain Market Poised for Chilling Growth at 14.8% CAGR: Rising Demand and Infrastructure Challenges Highlighted: Ken Research

Insurtech Startup Cake Secures $1.3M in Pre-seed Funding

Revolutionizing Buying, Selling, and Valuing Insurance Books of Business.  INDIANAPOLIS, Feb. 14, 2024 /PRNewswire/ — Cake, a transactional marketplace designed for independent insurance agents, has announced the completion of a $1.3M pre-seed funding round led by venture capital company Markd. Additional sponsors included 2ndF, Iridium Bloom LLC, 101 Weston Labs, IIANC, and other industry-specific strategic… Continue reading Insurtech Startup Cake Secures $1.3M in Pre-seed Funding

Regulatory Review Process for the Sale of Ball Aerospace Completed

WESTMINSTER, Colo., Feb. 14, 2024 /PRNewswire/ — Ball Corporation (NYSE: BALL), the world’s leading producer of sustainable aluminum packaging for global beverage and household brands, today announced that the U.S. Department of Justice has ended its review, and allowed its review period to expire, under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the… Continue reading Regulatory Review Process for the Sale of Ball Aerospace Completed