The Board of Directors of Greaves Cotton Ltd today announced that Nagesh Basavanhalli, Managing Director and Chief Executive Officer- Greaves Cotton Limited, had decided to relinquish his executive responsibilities in the organization, due to personal and family commitments. While accepting his resignation, the Board announced that Basavanhalli would continue to be a member of the Board and would be designated[Read More…]
Press Release Japanese Vehicle manufacturer, Isuzu Motors India and TVS Automobile Solutions (TASL), a leader in providing automotive aftermarket solutions inaugurated a ‘multi-brand’ “MyTVS” facility at Torque Isuzu here in Ahmedabad. This facility will deliver multi-brand services under the brand – “MyTVS”. As an industry first, under this partnership programme, ISUZU dealer partners who have additional capacity can opt to[Read More…]
Press Release Tata Motors, India’s leading auto brand, today announced the launch of its new initiative – ‘Sanitised by Tata Motors’ to assure customers about the highest standards of safety being followed in their car dealerships, nationwide.With this novel initiative, customers will be delivered a fully sanitised new vehicle from the Tata Motors dealerships. Specially designed labels confirming ‘Sanitised by Tata Motors’[Read More…]
Press Release With the inauguration of PPS Motors in Bengaluru, Škoda Auto India aims to strengthen its position in Karnataka and push forward its campaign of establishing a strong foothold in the southern markets of our nation. The new state of the art dealership facility sports the new Corporate Identity and Design as a part of Škoda Auto global redesigning[Read More…]
Press Release Launches Air-o-Pure 95 range of filters, purifiers amongst others to offer a safe in- cabin experience for customers Tata Motors, India’s leading auto brand, today announced the rollout of an array of health and hygiene accessories for its customers. In line with the company’s ongoing endeavour to ensure the safety of its customers at all times, these accessories[Read More…]
Li-ion batteries will continue to remain the mainstay of electric vehicles until 2020 despite the limitation on sourcing of lithium as raw material and availability of the most used material in electric vehicle batteries says a Frost & Sullivan survey. The rise in sales of electric vehicles has accelerated the demand for Li-ion batteries and battery materials. This is due[Read More…]
As more and more customers look to buy affordable products due to the lower disposable incomes and a tendency to save cash amidst Covid-19 crisis, the demand for Electric Vehicles (EV) is likely to get impacted. It could lead to manufacturers going back to producing conventional fuel-based vehicles claims a report titled ‘Towards a Clean Energy Economy: Post Covid-19 Opportunities[Read More…]
The Maharashtra government has put on hold Memorandum of Understanding (MoU) valued at an estimated Rs.5,020 crore of three Chinese companies signed up under Magnetic Maharashtra 2.0. Including the MoU with Great Wall Motor, Hengli Engineering and PMI Electro Mobility Solutions, these arrangements were expected to generate employment for 3,692 strong workforce in the state. Confirmed Subhash Desai, Minister of[Read More…]
In a move to immediately address the liquidity issues and credit needs of around 1.5 million MSME, the World Bank approved a USD 750 million fund to ease operations reeling under the Covid-19 crisis. Through the MSME Emergency Response program, it is supporting the increased flow of finance to the latter. Strengthening the overall financing ecosystem, the World Bank is[Read More…]
With the purpose of developing state of the art Noise, Vibration and Harshness (NVH) products like powertrain mounting, suspension isolators and rotating dynamic absorbers, Premier Seals India has partnered FEV India. Aimed at the joint development of new and allied products for the Indian automotive industry, the partnership will provide innovative and new solutions. Believed to have the potential to[Read More…]
