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Mahindra named fastest-growing brand in South Africa

Mahindra named fastest-growing brand in South Africa

The Indian auto manufacturer Mahindra has been named the fastest-growing brand in South Africa for the year 2022 as the company's local subsidiary set several records in the last year, according to a report by the National Association of Automobile Manufacturers of South Africa (NAAMSA). The report said that 'Mahindra SA' increased its sales volume [...]
DGCA to seek report from SpiceJet on Delhi airport incident

DGCA to seek report from SpiceJet on Delhi airport incident

Aviation watchdog DGCA will seek a report from SpiceJet on an incident at Delhi airport this week where passengers of a Bengaluru-bound flight had to wait for a long time at the aerobridge. A passenger had shared on social media a video and his experience about co-passengers having had to wait for a long time [...]
RITES inks pact with IIT-Kanpur to explore opportunities in sustainability sector

RITES inks pact with IIT-Kanpur to explore opportunities in sustainability sector

Transport infrastructure consultancy and engineering firm RITES Ltd has entered into a pact with IIT-Kanpur for exploring opportunities in the areas of sustainability and carbon-related works like carbon neutrality in sectors such as steel and power. The memorandum of understanding (MoU) also includes research and development-related works on air quality sensors to address air pollution, [...]
Tata Power Renewables to set up 3 MW solar plant in Maharashtra

Tata Power Renewables to set up 3 MW solar plant in Maharashtra

Tata Power Renewables Limited (TPREL) on Wednesday said it will set up a 3.125 MW solar plant at Himayatnagar in Maharashtra. The plant is expected to generate about 7.5 million units (MU) of clean energy annually and offset 6.15 metric tonnes of CO2 emissions. The project will be commissioned by October 2023. The power generated will [...]
Bajaj Allianz, Punjab & Sind Bank enter into corporate agency partnership

Bajaj Allianz, Punjab & Sind Bank enter into corporate agency partnership

Public sector lender Punjab & Sind Bank and Bajaj Allianz Life Insurance on Wednesday entered into corporate agency partnership, under which bank customers can avail insurance products of the life insurer. Punjab & Sind Bank is the 25th scheduled commercial bank that is partnering with Bajaj Allianz Life Insurance for distributing its life goals-based product [...]
Govt to invite EoIs for Concor privatisation this month

Govt to invite EoIs for Concor privatisation this month

The government will this month invite Expression of Interest or preliminary bids for privatising Container Corporation of India (Concor), an official said on Wednesday. The official said the bid document for Concor is almost ready and has to get approval from 'Alternative Mechanism' which is essentially a group of key Cabinet ministers. "We are trying [...]
Cummins to commercially launch fuel-agnostic platform this year

Cummins to commercially launch fuel-agnostic platform this year

Engine and power equipment maker Cummins Group in India will commercially roll out its fuel-agnostic platform in a year, the company's managing director Ashwath Ram said on Wednesday. According to the company, the fuel-agnostic engine platform will reduce carbon emissions by enabling vehicles to run on low to zero carbon fuels using the conventional internal [...]
Atul Auto forays into EV space, launches two electric three-wheelers

Atul Auto forays into EV space, launches two electric three-wheelers

Three-wheeler maker Atul Auto on Wednesday announced its foray into the electric vehicle space by launching two models at the Auto Expo 2023. Atul Greentech Private Ltd (AGPL), a subsidiary of Atul Auto, launched Mobili, a passenger vehicle, and cargo variant Energie. Both Mobili and Energie are built with industry-leading technology, telematics and Battery Management [...]
Sterlite Power secures Rs 305 crore funds

Sterlite Power secures Rs 305 crore funds

Sterlite Power on Wednesday said it has received funds worth Rs 305 crore from Aseem Infrastructure Finance to set up the Kishtwar Transmission Ltd (KTL) project in Jammu. The project involves construction of a transmission system comprising a 400/132kV GIS sub-station at Kishtwar and a 400 kV transmission line from Kishenpur to Dulhasti, the company [...]
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