Articles by: Team ACI

E-Fill Electric’s AC and DC Chargers Gain ARAI Approval

E-Fill Electric’s AC and DC Chargers Gain ARAI Approval

E-Fill Electric (EFEV Charging Solutions Pvt. Ltd.) has achieved a significant milestone by receiving the Automotive Research Association of India (ARAI) certification for its AC and DC chargers. This achievement highlights E-Fill Electric’s dedication to manufacturing high-quality and reliable charging solutions for electric vehicles. Established in 2019, E-Fill Electric has rapidly become a leader in the EV charging industry, with[Read More…]

by July 25, 2024 Newscast
Servotech Receives Additional Order for 400 DC Fast EV Chargers from BPCL and Other OEMs

Servotech Receives Additional Order for 400 DC Fast EV Chargers from BPCL and Other OEMs

Servotech Power Systems Ltd., a leading manufacturer of EV chargers and solar solutions, has secured an additional order for approximately 400 units of DC Fast EV Chargers. This order, valued at around ₹20 Crores, comes from Bharat Petroleum Corporation Limited (BPCL) and other EV charger OEMs. The project involves the manufacturing, supply, installation, and deployment of these chargers across the[Read More…]

by July 25, 2024 Newscast
2024 Budget’s Automotive Impact

2024 Budget’s Automotive Impact

The 2024 budget has introduced several changes with significant implications for the automotive ecosystem. Ashish Bhatia looks at the positive aspects and areas that could have been addressed. The automotive ecosystem, encompassing and not limited to vehicle manufacturers, component suppliers, and logistics providers, stands to benefit from several budgetary measures. Taxation and Incentives The budget has streamlined tax structures and[Read More…]

by July 23, 2024 Trending, Uncategorized
Assam Govt, Tata Group signed land deal for Rs 27,000 Cr semiconductor plant

Assam Govt, Tata Group signed land deal for Rs 27,000 Cr semiconductor plant

The Assam government has signed a significant agreement with the Tata Group to lease over 170 acres of land in Jagiroad, Morigaon district, for a Rs 27,000-crore semiconductor plant. This landmark deal is expected to bring substantial industrial development and employment opportunities to the region. The 60-year lease agreement was finalised at the sub-registrar’s office, with Tata Group Board member[Read More…]

by July 22, 2024 Newscast
Apollo Tyres Retains Silver Award once again

Apollo Tyres Retains Silver Award once again

Apollo Tyres Ltd has once again secured a Silver Award in the EcoVadis Sustainability Excellence ratings. This marks the third consecutive year that Apollo Tyres has achieved this recognition, with its score improving from 56 to 70 over the last three years. This esteemed award places Apollo Tyres Ltd in the top 5% of companies globally in the category of[Read More…]

by July 22, 2024 Newscast
Continental Tires Expands Retail Presence in Bengaluru with New Flagship Store

Continental Tires Expands Retail Presence in Bengaluru with New Flagship Store

Continental Tires, tyre manufacturer, has launched its flagship Continental Premium Drive (CPD) dealership in Kalyan Nagar, Bengaluru. This new store tyre solutions to automotive enthusiasts in the region. The new store in Kalyan Nagar represents Continental’s continued retail expansion in India. Spanning an impressive 4,000 square feet, this state-of-the-art facility aims to redefine the automotive retail experience with a comprehensive[Read More…]

by July 10, 2024 Newscast
CEAT Appoints Vishal Pawar as Senior Vice President of Global Sales and Supply Chain

CEAT Appoints Vishal Pawar as Senior Vice President of Global Sales and Supply Chain

CEAT has announced the promotion of Vishal Pawar to Senior Vice President of Global Sales and Supply Chain. This change marks a new phase in CEAT’s growth. Vishal Pawar, previously the Vice President of Replacement Sales, will replace Saurav Mukherjee, who has resigned after over four successful years in the role. Mukherjee’s efforts have been crucial in developing CEAT’s global[Read More…]

by July 3, 2024 Newscast
Greaves Engineering Boosts Sustainable Power Generation with New CPCB IV+ Compliant Gensets

Greaves Engineering Boosts Sustainable Power Generation with New CPCB IV+ Compliant Gensets

Greaves Engineering, the engineering division of Greaves Cotton Limited , has unveiled its new range of CPCB IV+ Compliant Gensets. This launch aligns with the latest Central Pollution Control Board standards, addressing the growing demand for sustainable and reliable power solutions in India. Greaves Engineering’s new gensets, ranging from 5 kVA to 500 kVA in the <800kW segment, significantly reduce[Read More…]

by July 3, 2024 Newscast
Altair Signs Agreement to Acquire Metrics Design Automation Inc. Expands Footprint in EDA Industry

Altair Signs Agreement to Acquire Metrics Design Automation Inc. Expands Footprint in EDA Industry

Flagships product, DSim, is the first-of-its-kind EDA simulation as a service solution Altair (Nasdaq: ALTR), a computational intelligence company, has entered into a definitive agreement to acquire Metrics Design Automation Inc. (Metrics), a Canadian company with a pioneering simulation as a service (SaaS) business model for semiconductor electronic functional simulation and design verification. The transaction is subject to customary conditions.[Read More…]

by July 3, 2024 Newscast
Good News : Maharashtra Govt Reduces VAT on Petrol, Diesel in Mumbai, Navi Mumbai, Thane

Good News : Maharashtra Govt Reduces VAT on Petrol, Diesel in Mumbai, Navi Mumbai, Thane

  The Maharashtra government announced a reduction in VAT on diesel and petrol for the Mumbai and Navi Mumbai regions. Deputy Chief Minister Ajit Pawar, while presenting the state Budget for 2024-25, detailed the changes. VAT Reductions: – Diesel: VAT reduced from 24% to 21% – Petrol: VAT reduced from 26% to 25% This change will lower diesel prices by[Read More…]

by June 28, 2024 Newscast