Auto

Stellantis is targeting for more than 70% of its sales in Europe to come from low-emission vehicles by 2030. TURIN, Italy: Stellantis four new electrified platforms are expected to each underpin the production of 2 million vehicles a year, the automaker’s head for Italy said on Wednesday. Since the creationContinue Reading

Normalisation can only be envisaged to happen by the end of the second half of 2022, the agency said. New Delhi: India Ratings and Research (Ind-Ra) on Tuesday revised downwards the domestic passenger vehicle growth estimates to 15-18 per cent this fiscal, citing semiconductor shortage that could extend to 2022.Continue Reading

Greaves Cotton New Delhi: Greaves Cotton, manufacturer of engines and heavy equipment, on Tuesday reported consolidated net loss of INR 23.29 crore in the quarter ended September 2021 as against net loss of INR 22.49 crore during the previous quarter ended September 2020. Meanwhile, the company’s sales rose 13.40% toContinue Reading

It comes with a 373.3cc engine, which generates 40 PS of power. New Delhi: Bajaj Auto on Monday said it has launched the updated version of its bike Dominar 400 priced at Rs 2.16 lakh (ex-showroom). The bike now gets factory-fitted touring accessories and is tailor made for riders whoContinue Reading

New Delhi: Auto components major Bharat Forge on Monday said it has launched a voluntary retirement scheme (VRS) for permanent employees of its Mundhwa (Pune) manufacturing plant. The company said the VRS is open for permanent eligible employees who have attained 40 years of age and have completed ten yearsContinue Reading

Reliance is expected to continue to invest in technology such as fuel cells and key materials for the clean energy sector. Billionaire Mukesh Ambani’s Reliance Industries Ltd has made a wave of partnerships to give shape to its green energy business that spans solar, battery and hydrogen investments and couldContinue Reading

The chief executive of Aramco, Amin Nasser, said earlier this year the Saudi Arabian state oil producer is looking for off-take agreements for hydrogen in its key markets to expand its output and sees strong potential for growth. Saudi Arabia wants to be the biggest supplier of hydrogen, the country’sContinue Reading

NEW DELHI: State-run Indira Gandhi Rashtriya Uran Akademi (IGRUA) and Drone Destination have jointly signed an MoU with Haryana’s Drone Imaging and Information Service of Haryana Limited (DRIISHYA) for drone training. Haryana had recently constituted DRIISHYA for speedy implementation of various types of surveys and imaging work using drones asContinue Reading

Nitin Gadkari, Minister of Road Transport and Highways Nagpur, Union Road Transport and Highways Minister Nitin Gadkari on Friday said around 35 multi-modallogistics parks will come up in the country under the Bharatmala project, and four are proposed in Maharashtra. Gadkari was speaking at the signing of a memorandum ofContinue Reading