Jean-Michel Verdier has started as the new Managing Director of Continental Engineering Services (CES) on September 1, 2023. He succeeds Dr. Christoph Falk-Gierlinger, who is leaving CES after 3 years with Continental. Jean-Michel Verdier has a background in engineering, with extensive experience in the automotive industry, coupled with proven leadership capabilities. With a career spanning over two decades, he has[Read More…]
Hindustan Zinc has chosen GreenLine Mobility Solutions Ltd (GreenLine), a part of Essar Group and a pioneer in green mobility solutions, as its sustainable logistics partner and is set to deploy GreenLine’s LNG-powered fleet in its supply chain and transportation operations. LNG-powered vehicles significantly reduce emissions compared to diesel and align perfectly with the sustainability goals of both organizations. This[Read More…]
Automotive Manufacturer’s inaugurated their State of the Art service facility at Paloncha, Telangana. Automotive is one of the largest dealers of Ashok Leyland with an extensive network of 105 service touch points spanning six states including Andhra Pradesh, Telangana, Maharashtra, Karnataka, Chhattisgarh, and Uttar Pradesh, Automotive Manufacturers continues its commitment of providing exceptional reach & service to customers across the[Read More…]
Bridgestone India and Tata Power have come together to install EV chargers for four wheelers at Bridgestone dealerships on a pan India basis. These chargers will be operational on a 24×7 basis. Tata Power is installing DC fast chargers of capacity 25/30 Kwh that are capable of charging a four wheeler within one hour allowing between 20-24 vehicles being charged[Read More…]
Tata Motors Limited (TML) has entered into share purchase agreements to sell 9.9% stake in Tata Technologies Ltd (TTL) for an aggregate consideration of Rs 1,613.7 crore. TPG Rise Climate is the lead investor for this transaction, which ascribes an equity valuation of INR 16,300 Cr (~US$ 2.0 billion) for TTL. TTL, a subsidiary of TML, is a leading global[Read More…]
JK Tyre & Industries has been graded “Very Good” yet again for the second consecutive year by CareEdge Research as a part of their ESG assessment study. According to the study, the company has been consistently demonstrating exemplary performance across all themes of environment, social and governance. With an overall ESG score of 78 out of 100, JK Tyre has[Read More…]
The 77th Annual General Meeting (AGM) of Indian Machine Tool Manufacturers’ Association (IMTMA) was held on September 29, 2023 at Bangalore International Exhibition Centre (BIEC), Bengaluru. Rajendra S. Rajamane, Managing Director, Rajamane Industries Private Limited was elected as the President of IMTMA for the year 2023 – 2024. Mohini Kelkar, Director – Business Development, Grind Master Machines Private Limited was elected[Read More…]
The Tool and Gauge Manufacturers Association of India (TAGMA) recently announced the successful conclusion of its 32nd Annual General Meeting (AGM), which included the important election process for a new Executive Council. During this year’s AGM, TAGMA members came together to discuss key industry developments, share insights, and release the ‘Indian Tooling Report’. The highlight of the AGM was[Read More…]
The Lumax-DK Jain group announced the appointment of Raju B Ketkale as ‘Executive Director-Manufacturing & Corporate Planning’, effective today, 3rd October 2023. Ketkale shall be based at the corporate headquarters in Gurugram and closely work with the leadership team. Ketkale is a senior industry veteran and comes with over three decades of experience having held various strategic positions in[Read More…]
oorja announced that it has raised $1.5 million in seed funding. The funding round was led by Micelio Fund, the first venture capital fund in India dedicated exclusively to enabling radical and sustainable innovation in the clean mobility ecosystem and co-led by Capital-A. Java Capital, Anicut Capital and Lead Angels also participated in the funding round. oorja will utilise the[Read More…]
