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General Motors lays off over 1,000 software and services employees globally

The reduction primarily targets teams which oversees vehicle infotainment, OnStar services, and GM's Super Cruise advanced driver-assist system. Read more

Frugal engineering can position India as the global leader in AI cases; Nilekani

Sarvam AI, a homegrown startup, has developed a Small Language Model (SLM) with two billion parameters, designed to be voice-enabled and multilingual, supporting 10 Indian languages. Read more

Global youth unemployment hits 15-year low of 13% in 2023: ILO

The rate is projected to decline further to 12.8% in the coming years.Read more

Global disruptions offer chance to enhance defence manufacturing capabilities

The CDS called for collaboration among the services, defence industries, and scientists, including academia, to further the nation’s self-reliance objectives. Read more

Exicom to acquire Tritium; to expand global footprint in EV charging

Exicom will have access to Tritium’s cutting-edge manufacturing facility in Tennessee, USA, as well as a world-class engineering centre in Brisbane, AustraliaRead more

BorgWarner receives BEV electric orders from global OEMs

BorgWarner’s eXD technology is applicable to all architectures, including front and rear drive units for electric, hybrid and ICE vehicles, and offers a wide range of selectable modes depending on vehicle performance needs.Read more

Dormer Pramet appoints Shib Banerjee as global head of sustainability

In this new role, Banerjee will collaborate with cross-functional teams to implement sustainable practices and QEHS initiatives into business operations, products, and services to inspire the business towards a more sustainable and responsible future. Read more

Lazard report suggests India is on track on becoming a global manufacturing hub

Finance Minister Nirmala Sitharaman emphasised support for MSMEs and labour-intensive manufacturing, including the extension of the Mudra loan limit from Rs 1 million to Rs 2 million.Read more

A rundown of the global battery recycling market

As the capacity of li-ion batteries increases, the amount of scrap batteries in production are also piling up fast, making battery recycling a focal point for the market.Read more

Tembo Global integrates two divisions to streamline operations

Tembo Global Industries Ltd. integrates the umbrella of the new divisions – Tembo Global Infra Ltd. and Tembo Defense Products Ltd.Read more

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