Here’s yet another affirmation of the growing global recognition of high-quality made-in-India products. Tata AutoComp Systems, the leading automotive components conglomerate which caters to Indian and global OEMs, has announced that two of its entities— Tata AutoComp Composites Division & Tata Ficosa — have been awarded the prestigious Deming Prize for 2024. Widely regarded as… Continue reading Tata AutoComp and Tata Ficosa win Deming Prize 2024 award
Tag: JLR
Hyundai India’s record $3.3b IPO subscribed 18% on day 1 of biddingInstitutional investors including BlackRock and Fidelity snapped up shares worth $9…
Hyundai Motor India’s $3.3 billion IPO was 18% subscribed on the first day of bidding on Tuesday, led by employees who placed orders for four-fifths of the shares reserved for them in the country’s largest share sale yet. The three-day share sale, the first by an automaker in India in two decades, ends on Thursday.… Continue reading Hyundai India’s record $3.3b IPO subscribed 18% on day 1 of biddingInstitutional investors including BlackRock and Fidelity snapped up shares worth $9…
Indian conglomerates poised for $800 bn investment push: S&P Global Ratings
Around 40 % of this planned spending will be directed toward new and emerging sector. Indian conglomerates are gearing up for a massive investment wave, with capital commitments projected to reach approximately USD 800 billion over the next decade, according to a S&P Global Ratings report. This investment plan is nearly three times the amount… Continue reading Indian conglomerates poised for $800 bn investment push: S&P Global Ratings
JLR India achieves record sales with 3,214 units retails in H1 FY25
JLR India reported a 36% year-over-year growth in retail sales for the first half of fiscal year 2025 (H1 FY25), selling 3,214 units. This marks their best-ever half-yearly performance. The sales increase was further supported by a strong 41% growth in the second quarter of FY25, following a 31% rise in the first quarter. The… Continue reading JLR India achieves record sales with 3,214 units retails in H1 FY25
LeafyBus and AMU to boost electric mobility with 10 new inter-city e-buses
The collaboration is aimed at reducing the carbon footprint associated with long-distance travel and providing a cost-effective transport option for passengers. LeafyBus, a Delhi-based bus operator, has partnered with non-banking finance company AMU to launch a fleet of 10 electric buses for inter-city operations. The buses, which will be financed by AMU, will initially run… Continue reading LeafyBus and AMU to boost electric mobility with 10 new inter-city e-buses
LeafyBus and AMU to boost electric mobility with 10 new inter-city e-buses
The collaboration is aimed at reducing the carbon footprint associated with long-distance travel and providing a cost-effective transport option for passengers. LeafyBus, a Delhi-based bus operator, has partnered with non-banking finance company AMU to launch a fleet of 10 electric buses for inter-city operations. The buses, which will be financed by AMU, will initially run… Continue reading LeafyBus and AMU to boost electric mobility with 10 new inter-city e-buses
@Tata-JLR: JLR STRENGTHENS EXECUTIVE LEADERSHIP TEAM WITH APPOINTMENTS FOR NEXT PHASE OF ITS REIMAGINE TRANSFORMATION
Gaydon, 15 October 2024: As the pace of change in automotive gathers speed, JLR is pleased to announce new appointments to its Executive Leadership Team to support the next phase of its development and transformation. With effect from 21 October 2024, Steve Marsh is appointed Executive Director, Vehicle Programmes, reporting to JLR Chief Executive Officer… Continue reading @Tata-JLR: JLR STRENGTHENS EXECUTIVE LEADERSHIP TEAM WITH APPOINTMENTS FOR NEXT PHASE OF ITS REIMAGINE TRANSFORMATION
Tata Group to create 5 lakh jobs in 5 years, says N Chandrasekaran
Tata Group expects to add five lakh jobs in the next five years, amidst a slew of new manufacturing projects across various sectors, notes Tata Sons Chairman N Chandrasekaran. The salt-to-software conglomerate has recently announced investments in several new areas, such as semiconductors, electric vehicles, and batteries. “Between our investment in semiconductors, precision manufacturing, assembly,… Continue reading Tata Group to create 5 lakh jobs in 5 years, says N Chandrasekaran
Automation Solutions for Renewable Power Generation Market expected to grow by USD 3.15 Billion from 2024-2028 driven by AI-powered advancements and supportive renewable policies – Technavio
NEW YORK, Oct. 14, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The Global Automation Solutions for Renewable Power Generation Market size is estimated to grow by USD 3.15 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 4.8% during the forecast period. aggressive… Continue reading Automation Solutions for Renewable Power Generation Market expected to grow by USD 3.15 Billion from 2024-2028 driven by AI-powered advancements and supportive renewable policies – Technavio
German FAZ: Speeder’s car auctioned off 007912
The Dorotheum auction house is affectionately known as the “Pfandl” in the Viennese vernacular. Everything from Renaissance paintings to imperial underwear has been auctioned there. Also cars: For example, a 1938 Jaguar will soon be up for auction. However, the deposit, which was silvered at the beginning of October, was a novelty. It was a… Continue reading German FAZ: Speeder’s car auctioned off 007912