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Coach factory in Rae Bareli surpasses previous manufacturing record
Business

Coach factory in Rae Bareli surpasses previous manufacturing record

Rae Bareli (UP), April 2: The Modern Coach Factory (MCF) in Rae Bareli has surpassed its previous record by manufacturing 1,684 coaches in the financial year 2023-24. It manufactured 953 AC and 731 non-AC coaches, including eight MEMU coaches, 240 AC-3 coaches, 202 AC-2 coaches, 271 3-tier AC...
LG Energy begins production at US battery cell plant
Business

LG Energy begins production at US battery cell plant

Seoul, April 2: LG Energy Solution Ltd (LGES), South Korea's leading battery maker, said on Tuesday that its joint venture with General Motors began production at their second battery plant in the United States. The first round of battery cells produced at the plant have been delivered to GM for...
Aditya Birla Fashion proposes to demerge Madura Fashion business into separate listed entity
Business

Aditya Birla Fashion proposes to demerge Madura Fashion business into separate...

New Delhi: The Board of Directors of Aditya Birla Fashion and Retail Ltd (ABFRL) on Monday authorized the management of the company to evaluate the vertical demerger of the Madura Fashion & Lifestyle business from the ABFRL into a separate listed company. The proposed demerger will enable the...
Electric vehicle sales in South Korea cross 5 lakh: Industry data
Business

Electric vehicle sales in South Korea cross 5 lakh: Industry data

Seoul, April 2: The number of cumulative electric vehicle (EV) registrations in South Korea surpassed the 500,000 mark last year, according to industry data on Tuesday. According to the data from the Korea Automobile Manufacturers Association and the transport ministry, the number of registered...
BMW Group, Tata Technologies to develop automotive software solutions in India
Business

BMW Group, Tata Technologies to develop automotive software solutions in India

New Delhi, April 2: The BMW Group and Tata Technologies on Tuesday announced they are establishing an automotive software and IT development hub with locations in Pune, Bengaluru and Chennai. The new joint venture (JV) will deliver automotive software, including software defined vehicle (SDV)...
Integral Coach Factory rolled out 2,829 coaches, including 51 Vande Bharat trains, in FY24
Business

Integral Coach Factory rolled out 2,829 coaches, including 51 Vande Bharat...

Chennai, April 1: The city-based Integral Coach Factory (ICF) that manufactures railway coaches, Vande Bharat trains, and others, rolled out 2,829 railway coaches in FY24, up from 2,702 coaches produced in FY23. This year’s out turn of ICF marks the highest number of DPRS (Distributed Power...
Govt plans to roll out e-buses in all cities, some long routes: Gadkari
Business

Govt plans to roll out e-buses in all cities, some long routes: Gadkari

New Delhi, March 18: Minister of Road Transport and Highways Nitin Gadkari on Monday said that the government has plans to introduce electric buses in all Indian cities as well as some long routes such as Delhi-Shimla, Delhi-Chandigarh and Pune-Mumbai over the next five years. In an interview...
Adani Group to invest Rs 1.2 lakh crore in FY25 in next phase of growth
Business

Adani Group to invest Rs 1.2 lakh crore in FY25 in next phase of growth

New Delhi, March 17: In a bid to set the stage for the next phase of exponential growth, the Adani Group is aiming to invest about $14 billion (nearly Rs 1.2 lakh crore) across its portfolio of companies in the next fiscal year (FY25). According to sources, the Group will invest $14 billion in...
Aditya Birla Sun Life AMC launches Gen AI-based search assist tool for investors
Business

Aditya Birla Sun Life AMC launches Gen AI-based search assist tool for investors

New Delhi, March 18: Aditya Birla Sun Life AMC Ltd on Monday launched ‘MyMutualFundGPT’ to assist investors’ queries across its digital platforms. The generative AI-based tool goes beyond traditional keyword matching by comprehending the context of queries and generates responses based on...
Mindsprint appoints Nitesh Mirchandani as Chief Business Officer
Business

Mindsprint appoints Nitesh Mirchandani as Chief Business Officer

New Delhi, March 18: Mindsprint, a digital technology and business solutions company, on Monday appointed Nitesh Mirchandani as the company’s Chief Business Officer. A Mumbai University graduate with a Master’s in Management from the New Jersey Institute of Technology, Nitesh “possesses an...
Procter & Gamble India appoints Kumar Venkatasubramanian as CEO
Business

Procter & Gamble India appoints Kumar Venkatasubramanian as CEO

Mumbai, March 18: Procter & Gamble India on Monday announced that Kumar Venkatasubramanian will take over as CEO for its operations in the country from May 1. He will take over from LV Vaidyanathan, who will leave the company to pursue other interests after 28 years of service at P&G, it...
BetterPlace, UP govt to make over 1 lakh frontline workers job-ready by 2025
Business

BetterPlace, UP govt to make over 1 lakh frontline workers job-ready by 2025

Bengaluru, March 18: BetterPlace, Asia’s largest SaaS and horizontal platform for frontline workforce management, on Monday signed a Memorandum of Understanding (MoU) with the Uttar Pradesh government’s Department of Vocational Education, Skill Development and Entrepreneurship, to upskill and make...
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