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Kia India reports 18 pc increase in vehicle sales in April

New Delhi, May 2 (PTI) Kia India on Monday said its sales increased 18 per cent year-on-year to 19,019 units in April. The automaker had dispatched 16,111 units to dealers in April 2021. Seltos remained the top contributor to Kia's overall sales with 7,506 units, while Sonet and Carnival contributed 5,404 and 355 units, respectively. [...]

Solo Abstract Art Exhibition Themed ‘Life and its Scaffoldings’ by K Padmakar, a Veteran HR Professional

Mumbai, Maharashtra, India (NewsVoir) K Padmakar, a HR professional from TISS, Mumbai, has recently superannuated as Director HR from the Public Sector Giant, Bharat Petroleum Corporation Limited, after a total service of 37+ years in various capacities across the levels. For a year he also took additional charge as Chairman & Managing Director of the [...]

Large dividend from India unit boosts Vedanta Resources’ refinancing efforts: Moody’s

New Delhi, May 2 (PTI) A large dividend from its cash-rich India operating subsidiary has boosted billionaire Anil Agarwal-led Vedanta Resources Ltd's efforts to refinance debt, Moody's Investors Service said on Monday. On April 28, 2022, mining company Vedanta Ltd announced that its board of directors approved an interim dividend of Rs 11,710 crore (USD [...]

Vedanta Aluminium to source 380 MW green power for smelters

New Delhi, May 2 (PTI) Vedanta Aluminium on Monday announced it will source 380 MW of green power on a long-term basis for its smelters. Once online, this project has the potential to reduce the company's greenhouse gas emissions by 15,00,000 tonnes of CO2 equivalent annually. This will be carried out through a power delivery [...]

ARAI and Chitkara University Sign MoU to Offer BE Program in Automobile Engineering with Specialization in EV and Hybrid EVs

Chandigarh, India (NewsVoir) With the need for sustainable mobility solutions gaining a lot of ground and the Government of India pitching in by incentivizing the adoption of EV and Hybrid Electric vehicles, the need for professionals who can handle these emerging technologies is on the rise. To support the initiative of Government, Automotive Research Association [...]

TVS Motor sales rise 24% in April

New Delhi, May 2 (PTI) TVS Motor Company on Monday reported a 24 per cent increase in total sales at 2,95,308 units in April. The company had posted a total sales of 2,38,983 units in the same month last year, TVS Motor Company said in a statement. Total two-wheelers sales were up 24 per cent [...]

Zilingo says board jointly suspended CEO Ankiti Bose, not individual investor

New Delhi, May 2 (PTI) Singapore-based fashion technology startup Zilingo on Monday said the decision to suspend its Indian-origin co-founder and CEO Ankiti Bose over alleged discrepancies in the company's accounts, was taken jointly by the board and not by any individual investor.In a strongly-worded statement, the company said Bose made certain harassment-related allegations only [...]

Guar gum futures ease on low demand

New Delhi, May 2 (PTI) Guar gum prices on Monday fell by Rs 203 to Rs 12,494 per five quintals in the futures market as traders offloaded their holdings in line with weak trend in spot market. On the National Commodity and Derivatives Exchange, guar gum for May delivery declined by Rs 203 or 1.62 [...]

Guar seed futures decline amid ample supplies

New Delhi, May 2 (PTI) Guar seed prices on Monday declined by Rs 60 to Rs 6,331 per 10 quintals in the futures trade amid increasing supplies from producing regions. On the National Commodity and Derivatives Exchange, guar seed contracts for May delivery fell by Rs 60 or 0.95 per cent to Rs 6,331 per [...]

Crude oil futures decline on low demand

New Delhi, May 2 (PTI) Crude oil futures on Monday dropped by 1.53 per cent to Rs 7,993 per barrel as participants trimmed their positions on low demand. On the Multi Commodity Exchange, crude oil for May delivery fell by Rs 124 or 1.53 per cent to Rs 7,993 per barrel with a business volume [...]

Log9 Materials partners with Indeanta Ventures for rapid-charging battery technology

New Delhi, May 2 (PTI) Advanced battery-technology start-up Log9 Materials on Monday said it has entered into a partnership with electric-mobility service provider Indeanta Ventures Pvt Ltd to provide its rapid-charging battery technology to the latter's electric two and three-wheelers.The two partners have signed a memorandum of understanding for a long-term partnership, under which they [...]

VECV sales jump two folds to 5,525 units in April

New Delhi, May 2 (PTI ) VE Commercial Vehicles Ltd on Monday reported over two-fold jump in sales at 5,525 units in April 2022. The company had sold 2,145 units in the same month last year. VEVC, a joint venture between Volvo Group and Eicher Motors, said in a statement. Eicher branded trucks and buses [...]

Making an Impact: KIIT Ranked 8th Globally in SDG ‘Reducing Inequalities’

BHUBANESWAR, India, May 2, 2022 /PRNewswire/ -- KIIT Deemed to be University, Bhubaneswar has been ranked 8th among universities of the world in the Sustainable Development Goal (SDG) of 'Reducing Inequalities' in the prestigious Times Higher Education Impact Rankings 2022 published on 28th April 2022. Besides World University Rankings, Times Higher Education publishes several other [...]

Startup Accelerator, Marwari Catalysts Aims to Raise USD 10M at a Valuation of USD 90M after Closing its Last Round at USD 20M

Jodhpur, Rajasthan, India (NewsVoir) • MCats is a family of 40+ portfolio startups.• Represents 100+ Co-founders club.• MCats is a family of 35% portfolio startups led by women Co-founders.• The accelerator holds a strong network across Tier II & Tier III cities.• The fresh fund will be utilised to scale up the startups, strengthen the [...]
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