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Servotech to establish EV Charger Manufacturing Plant, signs MoU with UP govt
The plant will be set up under the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2022. The MoU was signed by Raman Bhatia, Managing Director, Servotech Power Systems, and Nand Gopal Gupta ‘Nandi’, Minister of Industrial Development, Government of Uttar PradeshRead more
Amara Raja Batteries reports 14% increase in revenues over previous quarter in Q1 FY 24
Amara Raja Batteries Limited, India’s leading Industrial and Automotive Battery major, reported profit before tax of Rs 258.36 crores for Q1 of FY 24 registering a growth rate of 46 per cent over Q1 of FY23.Read more
Why was an E missed out from the ESG?
The Triple Bottom Line (TBL) accounting mentions three profits – economic profit, environmental profit and societal profit. In ESG, the economic profit has been ignored, and that’s taking the focus away from PE, says R Jayaraman.Read more
Start-up TIEA Connectors receives Rs 3.81 crore funding from TDB-DST
Society for Innovation and Development (SID-IISc) incubated start-up receives significant funding to commercialise harsh environment micro-electronic connectors and terminalsRead more
Amara Raja lays foundation stone for E Positive Energy Labs
Amara Raja’s advanced energy research and innovation centre is located at GMR Aerocity near Hyderabad airport.Read more
VE Commercial Vehicles inks MoU with IITI for tech development, upskilling
The partnership will lead to exchange of up to 100 students and employees during the next five years and focus on upskilling & future technology readiness.Read more
Maha govt, Tata Power to develop 2800 MW Pumped Hydro Storage Projects
With a proposed total investment of approximately Rs 13,000 crore, these projects will support country’s clean energy landscape. Projects to be located at Shirawata, Pune and Bhivpuri, Raigad.Read more
Haryana govt launches Quality Assurance Authority for engineering works
In its mission to enhance the state's infrastructure and elevate construction standards, the government of Haryana has partnered with the Quality Council of India (QCI).Read more
Automotive Component Industry achieves $70 bn turnover in FY23 with 33% growth
Automotive Component Manufacturers Association of India (ACMA) released the data revealing reveals that this achievement surpasses the previous record of Rs 4.2 lakh crore turnover in the fiscal year 2021-22.Read more
How can project managers improve their ESG build-ins?
Projects have a significant interface with the ESG (environmental, social and governance). Here, R Jayaraman explains five ways in which project managers can address the ESG concerns.Read more