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CESL invites bids for 3,600 e-Buses, infra development under PM-eBus Sewa

The deadline for bid submissions is December 14, 2023, with bids set to be unveiled on the same day. Prospective bidders are required to submit a non-refundable tender fee of Rs 25,000 ($299.9).Read more

Talbros Automotive secures Rs 580 cr new business, including major EV order

A notable portion of this new business, valued at Rs 270 crore or 46% of the total, is related to electric vehicles (EVs) and comes from a prominent export original equipment manufacturer (OEM).Read more

Q4 can see fiscal incentives under PLI for white goods: DPIIT Secretary

The production linked incentive (PLI) scheme on white goods seeks to encourage domestic manufacturing of air conditioners and LED light components.Read more

BorgWarner Increases Power Electronics Business with European OEM

By combining the inverter and converter elements, the compact CIDD can manage both a vehicle's electric drive and its accessory systems.Read more

Sterlite Power demerges Transmission and Products Business

This move comes as part of the Company?s intent to create ?pure play? business verticals based on their end-customer base, investor class and returns.Read more

Raymond expands engineering portfolio with MPPL stake acquisition for Rs 682 cr

MPPL operates in high-growth sectors such as Aerospace, Electric Vehicles (EV), and Defense. The acquisition will be executed through Ring Plus Aqua Limited (RPAL).Read more

Valeo announces the sale of its thermal systems business in Russia to NPK Avtopribor

It will enable the 124 Russian employees in this business to keep their jobs. This sale will be carried out without any capital gain or loss.Read more

SWITCH Mobility secures order for 70 buses from Stagecoach UK

The order consists of 10 SWITCH Metrocity 9.5m electric buses, which will operate on Route W11 in London and 60 Slimline Solo 8.5m, Euro 6 certified buses sold under the Optare brand, presently integrated into SWITCH Mobility.Read more

Automation should be tailored to businesses' unique needs

In this interview with Rakesh Rao, Zurvan Marolia, Sr VP & Head - Manufacturing Council, Godrej & Boyce Manufacturing Co Ltd, eloquently explains steps to be taken by companies to maximise their return on investments (RoIs) while adopting automationRead more

PMI Electro Mobility secures Rs 250 Cr Investment from Piramal Alternatives

The strategic investment is from the Performing Credit Fund (PCF), the sector-agnostic fund of Piramal Alternatives to bolster PMI Electro Mobility’s Business Expansion and Sustainability initiativesRead more

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