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IIT Madras researchers patent Innovative Mobile Renewable Energy System
This pioneering research was led by Sadham Usean Ramasamy, a PhD Research Scholar in the Department of Mechanical Engineering at IIT Madras, and A Seshadri Sekhar, formerly the Head of the Department of Mechanical Engineering at IIT Madras.Read more
Arrest of Lava International founder shakes mobile manufacturing industry
ICEA chairman Pankaj Mohindroo expressed deep concern, acknowledging the plummeting morale within the industry and the discouragement felt by national champions.Read more
Tata Motors sells 9.9% stake in Tata Technologies at Rs $2.0 bn equity valuation
TPG Rise Climate is the lead investor for this transaction, which ascribes an equity valuation of Rs 16,300 Cr (~$ 2.0 billion) for TTL.Read more
JK TYRE secures Best-In-Class ESG Grading for second consecutive year
With an overall ESG score of 78 out of 100, JK Tyre has been regarded as the best among peers.Read more
Maruti Suzuki targets record exports and expands electric portfolio
Maruti Suzuki plans to gradually expand its range of vehicles running on alternative fuels. To achieve this, the company intends to incorporate hybrid or electric vehicles into its export offerings.Read more
Schaeffler launches first-of-its-kind REPXPERT, technical training van
The company aims to upskill technicians and mechanics, keeping them abreast of the latest technologies and best practices with this initiative.Read more
Siemens plans major urban transport hub in India following Indian Railways contract
This strategic move is fuelled by Siemens' recent milestone contract with Indian Railways, valued at Rs 26,000 crore (approximately $3 billion).Read more
ALP Overseas acquires SoffSeal International Inc
The company boasts an extensive range of weatherstripping products tailored for Chevrolet, Pontiac, Oldsmobile, Buick, Cadillac, GMC, Mopar, and Ford vehicles spanning from the 1920s to the early 2000s.Read more
What does the global competitive landscape look like for mobile geared products?
Affected by the stagnant off-highway vehicle market in China, the global market for geared products used in mobile applications was estimated to grow marginally by 0.6% to $11.2 billion in 2022.Read more
Indian Auto retail surges: Record sales propel optimism despite inventory concerns
Indian automobile retail sales in September showed a 20% increase compared to the same period last year, reaching a total of 1.89 million units.Read more
