October retail sales in Navratri saw an increase of 18% on a year on year basis, according to FADA data. Navratri ’23 brought unprecedented sales to auto retail, surpassing the previous high of Navratri ’17, stated the press release. During the 10 days of Navratri, all categories except tractors saw gains. Two-wheelers, three-wheelers, commercial vehicles… Continue reading Navratri cheer: Auto October retails grow 18% on YoY basis, shows FADA
Tag: Strategy
PV inventory levels at all time high of 63-66 days shows October data, FADA issues red flag
With passenger vehicle inventory levels soaring to an all-time high of 63-66 days, dealerships are signalling capacity concerns. FADA, which released its Vehicle Retail data for October 2023, has issued a red flag, urging OEMs to not only moderate vehicle dispatches but also to introduce more aggressive and attractive schemes promptly, to clear inventory before the… Continue reading PV inventory levels at all time high of 63-66 days shows October data, FADA issues red flag
Using JLR’s EMA platform will reduce time to market for premium EVs: Tata Motors’ Shailesh Chandra
Tata Motors, India’s largest electric car and SUV manufacturer, continues to take critical steps in accelerating EV adoption in India. With a commanding EV market share of over 75%, any deviation at its end has an impact on the overall EV market. Case in point is the recent upgrade of the Tata Nexon wherein the… Continue reading Using JLR’s EMA platform will reduce time to market for premium EVs: Tata Motors’ Shailesh Chandra
Using JLR’s EMA platform will reduce time to market for premium EVs: Tata Motors’ Shailesh Chandra
Tata Motors, India’s largest electric car and SUV manufacturer, continues to take critical steps in accelerating EV adoption in India. With a commanding EV market share of over 75%, any deviation at its end has an impact on the overall EV market. Case in point is the recent upgrade of the Tata Nexon wherein the… Continue reading Using JLR’s EMA platform will reduce time to market for premium EVs: Tata Motors’ Shailesh Chandra
Only 37% of Companies with Low Risk Management Capabilities Recognize How Crucial They Are in Navigating Crises
New BCG Survey Highlights the Value of Mature Risk Management Across All Industries, and What Lagging Organizations Can Learn from Leaders BOSTON, Nov. 6, 2023 /PRNewswire/ — Recent global crises like the COVID-19 pandemic and the Ukraine war have spotlighted the crucial need for mature risk management capabilities across all industries and sectors. Boston Consulting Group… Continue reading Only 37% of Companies with Low Risk Management Capabilities Recognize How Crucial They Are in Navigating Crises
PE giant KKR closes second global impact fund at $2.8bKKR’s first impact had more than doubled its investors’ money as of June end.
Private equity firm KKR & Co Inc has completed the raise of its second global impact fund dedicated to investments that advance sustainability and social equity, amassing $2.8 billion. Ken Mehlman and Robert Antablin, the fund’s co-heads, told Reuters in an interview that more opportunities to deploy capital led to the firm attracting commitments from… Continue reading PE giant KKR closes second global impact fund at $2.8bKKR’s first impact had more than doubled its investors’ money as of June end.
US-based Stonepeak invests in Singapore real assets developer AGP
US infrastructure and real estate investment firm Stonepeak is investing in Singapore-headquartered AGP Sustainable Real Assets, a global infrastructure and real assets developer and operator. Financial details of the investment were not disclosed in the announcement released by AGP. According to The Business Times, the total investment amount is potentially up to $653 million. AGP… Continue reading US-based Stonepeak invests in Singapore real assets developer AGP
Gaming Market size to grow by USD 102.13 billion from 2022 to 2027, The growing adoption of AR and VR games to drive market growth – Technavio
NEW YORK, Nov. 5, 2023 /PRNewswire/ — The gaming market size is forecast to increase by USD 102.13 billion from 2022 to 2027. The market is expected to be progressing at a CAGR of 9.12%, according to a recent market study by Technavio. The growth of the market will be driven by the growing adoption of AR and VR… Continue reading Gaming Market size to grow by USD 102.13 billion from 2022 to 2027, The growing adoption of AR and VR games to drive market growth – Technavio
Konami Gaming, Inc. and Xailient, Inc. Join Forces to Introduce SYNK Vision, Revolutionizing Casino Experience with Secure Identity Management and Enhanced Harm Minimization
Konami Gaming and Xailient partnering to replace magnetic player tracking cards with facial recognition technology at slots and tables for the casino industry LAS VEGAS, Nov. 3, 2023 /PRNewswire/ — Konami Gaming, Inc. and Xailient Inc. announced a strategic partnership to introduce SYNK Vision™ to the casino industry. This revolutionary collaboration is set to redefine… Continue reading Konami Gaming, Inc. and Xailient, Inc. Join Forces to Introduce SYNK Vision, Revolutionizing Casino Experience with Secure Identity Management and Enhanced Harm Minimization
JIOS Aerogel Opens Singapore Manufacturing Plant to Produce Thermal Protection for Electric Vehicle (EV) Batteries
SINGAPORE, Nov. 6, 2023 /PRNewswire/ — JIOS Aerogel (JIOS), a global leader in silica aerogel technology, has celebrated the opening of its advanced manufacturing plant in Pioneer, Singapore, in a ceremony attended by investors, suppliers and partners. The establishment of this facility represents a pivotal component of JIOS’ ongoing investment strategy, which is geared towards supporting… Continue reading JIOS Aerogel Opens Singapore Manufacturing Plant to Produce Thermal Protection for Electric Vehicle (EV) Batteries