Maruti Suzuki India Ltd Chairman R.C. Bhargava said that the company had not renewed the contracts of 3,000 temporary employees. NEW DELHI – Maruti Suzuki India Ltd Chairman R.C. Bhargava said on Tuesday the company had not renewed the contracts of 3,000 temporary employees, as the automaker battled rising inventory amid a slowdown in demand.… Continue reading Maruti Suzuki cuts 3,000 contract jobs
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Mahindra Logistics strengthens its partnership with the Volkswagen Group India
Newsroom/Press Releases/Mahindra Logistics strengthens its par…
Mahindra Logistics strengthens its partnership with the Volkswagen Group India
~ Mahindra Logistics to service 2 lakh sq. ft. of warehousing space equipped with latest technology ~
Mumbai, 8 August 2019: Mahindra Logistics Limited (MLL), one of India’s largest Third-Party Logistics (3PL) solution providers, announced that it has further strengthened its association with the Volkswagen Group India, one of India’s leading car manufacturers. MLL will manage the first of its kind Parts Distribution Centre (PDC) of the Volkswagen Group, India at NCR and Bangalore. The project spans operating two best in class PDCs that will feed spare parts to the Volkswagen Group, India dealer partners in North, East and Southern regions of India.
As part of this solution, MLL will manage more than 200000 sq. ft. of warehousing space and PDC operations, servicing the Volkswagen Group, India through a variable and scalable model. Both state-of-the-art warehouses are specially designed and equipped with customized storage, diverse Material Handling Equipment (MHE) and the very latest in technological solutions. The technology solutions include Warehouse Management Systems (WMS), specialized packaging solutions to ensure quality and temperature-controlled zones for hazardous material.
MLL currently services the inbound and outbound transportation of spare parts from Regional Distribution Centre (RDC) in Chakan, Pune – including export and import, In-plant Logistics, Just in Time (JIT) & Just in Sequence (JIS) at the Volkswagen Group production facility in Chakan, Pune.
The start of this project once again reinforces MLL’s leadership in logistics solutions serving the automotive and engineering industries in India. With warehousing and transportation operations spanning 15 million square feet and 75000 vehicle placements per month, MLL continues to serve a diverse set of user industries, including e-commerce, consumer, pharma, people transport solution, in addition to auto and engineering.
It must be noted that MLL has played a very significant role of being a logistics partner by producing more than 6.5 lakh vehicles in the Volkswagen Group, India’s recent milestone of producing its 1 millionth vehicle from its Chakan facility.
Mr. Pirojshaw Sarkari, CEO – Mahindra Logistics, said, “We are very happy to be part of the Volkswagen Group's growth story over the last 6 years. This project is a testimony to our capabilities in automotive logistics and the continuous faith the industry has showered to 3PL players like us. We are certain that the Volkswagen Group, India will achieve the desired cost efficiency and more importantly, ensure that their products reach the end-user, on time.”
Mr. Justin Nolte, Director, Group After Sales & Vehicle Logistics – Volkswagen Group Sales India said, “We are pleased to have been associated with Mahindra Logistics and look forward to working collaboratively towards a strengthened supply chain network and an increased footprint under the ‘INDIA 2.0’ Project”.
About Mahindra Logistics
Mahindra Logistics Limited (MLL) is a portfolio company of Mahindra Partners, the USD 1 billion private equity division of the USD 20.7 billion Mahindra Group. MLL is an integrated third-party logistics (3PL) service provider, specializing in supply chain management and people transport solutions. Founded more than a decade ago, MLL serves over 350 corporate customers across various industries like Automobile, Engineering, Consumer Goods and E-commerce. The Company pursues an “asset-light” business model, providing customised and technology enabled solutions that span across the supply chain and people transport operations.
For more information, visit www.mahindralogistics.com
About Mahindra Partners
Mahindra Partners is the 1 billion USD Incubation, Private Equity & Venture Capital division of the Mahindra Group. Its mission is to accelerate value creation through a diversified global portfolio of emergent businesses. The portfolio spans across multiple industries like logistics, steel processing, renewable energy, conveyor systems, retail, infrastructure consulting and skill building, luxury boat manufacturing and media. It has recently expanded operations in U.S. by investing in the IoT and shared mobility space.
For more information, visit www.mahindrapartners.com
About Mahindra
The Mahindra Group is a USD 20.7 billion federation of companies that enables people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities. It has a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company, by volume. It also enjoys a strong presence in agribusiness, components, commercial vehicles, consulting services, energy, industrial equipment, logistics, real estate, steel, aerospace, defence and two wheelers. Headquartered in India, Mahindra employs over 240,000 people across 100 countries.
Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise
European Countries Planning on Constructing Their Own Battery Cell Production Facilities
Followed by France and Germany, Norway also started to invest into making its own electric vehicle batteries. This recent trend where many European countries started to become self-sufficient in batteries shows that they are looking not to lose the control of automotive markets in the future.According to foreign press and South Korean industries, FREYR recently… Continue reading European Countries Planning on Constructing Their Own Battery Cell Production Facilities
TeraWatt Technology’s Solid-State Battery Checks In At 432 Wh/kg
And the company believes it can get it up to 450 Wh/kg with Tera 3.0 batteries. In a video, from January, Jack Rickard disassembled a Tesla Model 3 battery pack and said the 2170 cells it is made of had a 247 Wh/kg power density. When TeraWatt Technology announced on August 21 it had achieved… Continue reading TeraWatt Technology’s Solid-State Battery Checks In At 432 Wh/kg
sony and yamaha design driverless cart and mobile advertising board – Designboom
sony has partnered with yamaha to create an autonomous cart concept that double’s up as a mobile advertising board. the SC-1 sociable cart is designed for entertainment purposes including theme parks, golf courses and ‘commercial facilities.’ the all-electric cart seats five people and reaches a top speed of 12mph. replaceable batteries and uses additional image… Continue reading sony and yamaha design driverless cart and mobile advertising board – Designboom
Bollinger to unveil B2 electric pickup truck and B1 utility truck next month – Electrek
Bollinger Motors announced that it will unveil production prototypes of its B2 electric pickup truck and B1 electric utility truck next month. New York-founded (now Michigan-based) electric truck startup Bollinger Motors has been developing a very simple yet versatile electric truck platform for more than four years now. They first unveiled an all-electric Jeep-like truck, the… Continue reading Bollinger to unveil B2 electric pickup truck and B1 utility truck next month – Electrek
Ford says its autonomous cars will last just four years
The automotive industry has embraced — and advertised — self-driving cars as a kind of panacea that will solve numerous problems that modern society is grappling with right now, from congestion to safety to productivity (you can work while riding!). Unfortunately, a very big question that has been almost entirely overlooked is: how long will… Continue reading Ford says its autonomous cars will last just four years
Tech Mahindra and Qualcomm Collaborate to Offer ‘Smart City’ Solutions Globally
Newsroom/Press Releases/Tech Mahindra and Qualcomm Collaborate…
Tech Mahindra and Qualcomm Collaborate to Offer ‘Smart City’ Solutions Globally
Tech Mahindra to add value to the program as one of the leading global digital transformation provider
New Delhi, Dallas – August 22nd: Tech Mahindra, a leading provider of digital transformation, consulting and business reengineering services and solutions announced today its collaboration with Qualcomm Technologies, Inc. a subsidiary of Qualcomm Incorporated to offer smart city solutions globally. The ‘Smart City Accelerator Program’ launched by Qualcomm Technologies in April, is aimed at connecting cities, government agencies and enterprises with service providers offering Qualcomm Technologies-based smart city solutions.
Manish Vyas, President Communications Business, Tech Mahindra, said, “Tech Mahindra is committed to develop innovative solutions by leveraging next generation technologies to devise and manage smart solutions for cities, local governments, enterprises and industries. We are excited to partner with Qualcomm Technologies as part of their 'Smart City Accelerator Program’ to ensure the development and deployment of cutting edge Smart Cities solutions globally.”
The Qualcomm Smart Cities Accelerator Program hopes to accelerate the transformation of smart urban infrastructure and services for the 21st century. Its members represent a breadth of hardware and software providers, cloud solution providers, system integrators, design and manufacturing companies, as well as companies offering end-to-end solutions with Smart Cities in mind. With Tech Mahindra’s digital transformation capabilities and pedigree of establishing many smart cities in Asia, Tech Mahindra as the system integration partner will help roll out Smart City solutions.
Sanjeet Pandit, senior director of business development and head of smart cities, Qualcomm Technologies, Inc., said, “Tech Mahindra is a global system integrator and leader of innovative smart city and IoT solutions. “The Qualcomm Smart Cities Accelerator Program provides a central hub for smart cities solutions across regions and verticals, and we are pleased to see Tech Mahindra participate as the leading system integrator in our program.”
Tech Mahindra’s business applications span the spectrum of needs for Smart Cities including smart parking, smart energy management, smart street lighting, and smart automated meter reading. These solutions, combined with Tech Mahindra’s global Managed Services capabilities and industry leading ecosystem of partners, allows Tech Mahindra to provide value to Cities seeking to enrich their infrastructure requirements in areas such as: measuring and reducing energy usage across buildings, enhancing the citizen experience via smart mobility applications and preventing vandalism and theft.
As part of the TechMNxt charter, Tech Mahindra is focused on leveraging next generation technologies and solutions to disrupt and enable digital transformation, and to build and deliver cutting-edge technology solutions and services to address real world problems to meet the customer’s evolving and dynamic needs.
About Qualcomm
Qualcomm invents breakthrough technologies that transform how the world connects, computes and communicates. When we connected the phone to the Internet, the mobile revolution was born. Today, our inventions are the foundation for life-changing products, experiences, and industries. As we lead the world to 5G, we envision this next big change in cellular technology spurring a new era of intelligent, connected devices and enabling new opportunities in connected cars, remote delivery of health care services, and the IoT — including smart cities, smart homes, and wearables. Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, all of our engineering, research and development functions, and all of our products and services businesses, including, the QCT semiconductor business. For more information, visit Qualcomm’s website, OnQ blog, Twitter and Facebook pages.
About Tech Mahindra
Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise™. We are a USD 4.9 billion company with 121,000+ professionals across 90 countries, helping 938 global customers including Fortune 500 companies. Our convergent, digital, design experiences, innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value and experiences to our stakeholders. Tech Mahindra is the highest ranked Non-U.S. company in the Forbes Global Digital 100 list (2018) and in the Forbes Fab 50 companies in Asia (2018).
We are part of the USD 21 billion Mahindra Group that employs more than 200,000 people in over 100 countries. The Group operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, after-market, and information technology and vacation ownership.
Connect with us on www.techmahindra.com || Our Social Media Channels
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For more information on Tech Mahindra, please contact:
Tuhina Pandey, Global Corporate Communications
Email: media.relations@Techmahindra.com; Tuhina.Pandey@TechMahindra.com
Carlos Ghosn Ran a Tech Fund—Using Millions From an Executive at a Nissan Partner – The Wall Street Journal
Nissan Motor Co. boss Carlos Ghosn built a parallel business as an investor in Silicon Valley with his son, using millions of dollars he received from an executive at a Nissan business partner in Oman. The operation, known only to a handful of people, adds crucial new details to what is seen as the most… Continue reading Carlos Ghosn Ran a Tech Fund—Using Millions From an Executive at a Nissan Partner – The Wall Street Journal
Tesla Gigafactory 3 Leaks Reveal Ongoing Model 3 Preparations
There is an assembly line already installed, although the section is not yet complete. After months of seeing only exterior footage of the Tesla Gigafactory 3 in Shanghai, the most recent leaked photos and short video reveal the interior of one of the sections of the plant. As we can see, there are two Tesla… Continue reading Tesla Gigafactory 3 Leaks Reveal Ongoing Model 3 Preparations