Updated On May 16, 2024 at 04:10 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Rajesh Jejurikar is going to be re-appointed from April 1, 2025 to June 24, 2029 and Anish Shah from April 1, 2025 to March 1, 2030. New Delhi: Mahindra and Mahindra, has today announced about the… Continue reading Mahindra Group re-appoints Anish Shah as MD and Rajesh Jejurikar as CEO – Know other key announcements
Author: Economic Times of India Online News
EMFAI hosts meeting between EVMS members and over 30 EV financiers in Delhi
The associations of OEMs, EVMS and EMFAI deliberated on the best practices, challenges, opportunities and strategies to make this industry scalable and sustainable. New Delhi: EMFAI, the Electric Mobility Financiers Association of India, in a gathering in Delhi brought together members from E rickshaw OEM associations, EVMS (Electric Vehicles Manufacturer’s Society) and over 30 financiers.… Continue reading EMFAI hosts meeting between EVMS members and over 30 EV financiers in Delhi
Pricol Q4FY24 PAT up 39.25% to INR 41.5cr
For the full financial year FY24, Pricol’s consolidated revenue from operations reached INR 22,081.69 million, representing a 16.05% growth compared to the previous year. New Delhi: Pricol Limited has announced its financial results for the fourth quarter and the full financial year 2023-24. The company reported a consolidated revenue from operations of INR 22,081.69 million… Continue reading Pricol Q4FY24 PAT up 39.25% to INR 41.5cr
M&M Q4 net PAT up 4% to INR 2,754 cr
The company’s total income from operations during Q4 FY24 stood at INR 35,451.73 crore as against INR 32,455.65 crore in Q4 FY23. New Delhi: Auto major Mahindra & Mahindra (M&M) on Thursday reported a growth of 4% in its consolidated net profit at INR 2754 crore during the quarter ended March 2024. The company reported… Continue reading M&M Q4 net PAT up 4% to INR 2,754 cr
The inside story of Elon Musk’s mass firings of Tesla Supercharger staff
The charging-team layoffs mark the latest drama in a tumultuous year for Tesla as Musk has shut down or delayed several core efforts meant to drive the rapid EV sales growth that investors have expected. The day before Elon Musk fired virtually all of Tesla’s electric-vehicle charging division last month, they had high hopes as… Continue reading The inside story of Elon Musk’s mass firings of Tesla Supercharger staff
Pune’s automated system to penalize vehicles without PUC certificates
PUC certificates are important for making sure that vehicles follow emission standards, which helps in creating cleaner air. Vehicular pollution has increased in India, and the authorities are working on enforcing stricter regulations to reduce it. They are also encouraging the use of environmentally friendly fuels like CNG, LNG, biofuel, ethanol-blend, and others, as well… Continue reading Pune’s automated system to penalize vehicles without PUC certificates
Atul Pai appointed MD of Honeywell Automation India
Atul Pai New Delhi: Honeywell Automation India Limited (HAIL) has appointed Atul Pai as its Managing Director. He succeeds Ashish Gaikwad who is taking on a broader responsibility as India Leader for Industrial Automation, one of Honeywell International Inc’s strategic business groups. “Atul brings more than two decades of Honeywell experience in various regional and… Continue reading Atul Pai appointed MD of Honeywell Automation India
TVS Motor launches operations in Italy
Updated On May 16, 2024 at 07:49 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals TVS Motor Italia is headed by Giovanni Notarbartolo di Furnari who brings extensive experience from senior managerial roles in major automotive companies in Italy, Latin America, the UAE, and Europe. New Delhi: TVS Motor Company (TVSM),… Continue reading TVS Motor launches operations in Italy
Park+ partners with HDFC Bank for easy car loans for customers
Simplified car loans are a game changer for them to fulfil their dreams of owning a car, with minimal hassle, the company said in a media release. New Delhi: Park+, a leading auto-tech app, and HDFC Bank, a leading private sector bank, joined forces to offer a simplified car loan experience to Park+ users. The… Continue reading Park+ partners with HDFC Bank for easy car loans for customers
Sliding coking coal prices put pressure on steel, iron ore
Lower raw materials prices dragged down most steel benchmarks on the Shanghai Futures Exchange. Prices of coking coal futures tumbled by more than 3% on Tuesday to their lowest in more than one month, dragged by the anticipation of growing supply from the top production hub in China. The most-traded September coking coal contract on… Continue reading Sliding coking coal prices put pressure on steel, iron ore