Dive Brief: CEOs at large U.S. companies have downgraded sales forecasts and scaled back plans for capital investment and hiring during the next six months, the Business Roundtable found in a survey. Amid a softening economy, the Business Roundtable’s Economic Outlook Index fell this quarter below its long-run average for the first time since the… Continue reading CEOs trim hiring, capital investment plans: Business Roundtable – CFO Dive
Tag: Strategy
Capex to be driver of economic engine
India Inc, which has weathered a spate of inclement tidings in recent years, stands firm even as inflationary pressures and tightening monetary policies have cast a shadow on global growth. The Ratings Round-Up published by Crisil Ratings on October 2022 highlighted positive credit quality outlook for India Inc stemming from resilient domestic demand, continuing infrastructure-driven… Continue reading Capex to be driver of economic engine
Alex Wu, former Managing Director of Bain Capital, takes the President and CFO of NaaS
HUZHOU, China, Jan. 2, 2023 /PRNewswire/ — On December 30, 2022, NaaS (NASDAQ: NAAS), one of the largest and fastest growing electric vehicle charging service providers in China, announced that the Company has appointed Alex Wu as its CFO and President, effective January 15, 2023. Mr. Wu will join the Board of Directors of NaaS.… Continue reading Alex Wu, former Managing Director of Bain Capital, takes the President and CFO of NaaS
Alex Wu, former Managing Director of Bain Capital, takes the President and CFO of NaaS
HUZHOU, China, Jan. 2, 2023 /PRNewswire/ — On December 30, 2022, NaaS (NASDAQ: NAAS), one of the largest and fastest growing electric vehicle charging service providers in China, announced that the Company has appointed Alex Wu as its CFO and President, effective January 15, 2023. Mr. Wu will join the Board of Directors of NaaS.… Continue reading Alex Wu, former Managing Director of Bain Capital, takes the President and CFO of NaaS
Hyundai India elevates Tarun Garg as COO
New Delhi: Hyundai Motor India, India’s second largest carmaker on Monday elevated Tarun Garg as Chief Operating Officer (COO) overseeing Sales, Marketing, Service & Product Strategy, effective from January 01, 2023. Earlier, Garg was handling the charge of Director of Sales, Marketing & Service. Additionally, the company has promoted Gopala Krishnan CS as Chief Manufacturing… Continue reading Hyundai India elevates Tarun Garg as COO
Alex Wu, former Managing Director of Bain Capital, takes the President and CFO of NaaS
HUZHOU, China, Jan. 1, 2023 /PRNewswire/ — On December 30, 2022, NaaS (NASDAQ: NAAS), one of the largest and fastest growing electric vehicle charging service providers in China, announced that the Company has appointed Alex Wu as its CFO and President, effective January 15, 2023. Mr. Wu will join the Board of Directors of NaaS.… Continue reading Alex Wu, former Managing Director of Bain Capital, takes the President and CFO of NaaS
DPIIT working on new industrial policy; proposes scheme for Made in India brand
The Department for Promotion of Industry and Internal Trade (DPIIT) is working on a new industrial policy that proposes to increase financing sources for industry and a scheme for promoting Made in India brand, sources said. It has suggested various ways for wider access to finance for the industry such as setting up of a… Continue reading DPIIT working on new industrial policy; proposes scheme for Made in India brand
Toyota Kirloskar Motor’s sales hit decadal high in 2022
Toyota Kirloskar Motor has reported its total wholesales for calendar year 2022 at 160,357 units. This is the company’s highest-ever wholesales in the past 10 years and a 23% year-on-year growth (CY2021: 130,768 units). The best ever wholesales earlier clocked by TKM was in 2012 with a total of 172,241 units. In December 2022, TKM… Continue reading Toyota Kirloskar Motor’s sales hit decadal high in 2022
Synchronous condensers spin back grid inertia – Power Engineering International
Image credit: ABB Advancing the world’s net zero ambitions means that utilities are transitioning to renewable energy, but this is reducing the level of spinning inertia vital for stable operation. Kristina Carlquist, General Manager, Synchronous Condensers, ABB explains how this well-proven technology is helping to restore the balance in projects ranging from the Faroe Islands… Continue reading Synchronous condensers spin back grid inertia – Power Engineering International
NWTN Delivers First Batch of Electric Vehicles to Client in the UAE
DUBAI, UAE, Dec. 30, 2022 /PRNewswire/ — NWTN Inc. (Nasdaq: NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world (“NWTN”), today announced that it delivered 20 range-extended electric vehicles (“R-EEVs”) to M93 CAR RENTAL L.L.C (“M93 CAR RENTAL”) at its newly constructed facility in the Khalifa Economic Zones Abu Dhabi (“KEZAD”). The… Continue reading NWTN Delivers First Batch of Electric Vehicles to Client in the UAE