Page 34 - Shine Jacob

Hyundai Motor India expects passenger EV market to double in 2 years

Hyundai India's Chief Operating Officer Tarun Garg says an improving ecosystem may help passenger EV penetration touch 17 per cent by 2030 from the current 2.4 per cent

TN thrives on AI in makeover to tech-driven economy, beat other states

Last week, the Government of Tamil Nadu announced the setting up of a 2 million square foot facility for AI in Coimbatore under the public-private partnership mode

India needs AI factories, to target accelerated computing: Nvidia MD

He added that just as India leapfrogged to mobile technology, the country should also shift faster to accelerated computing rather than general-purpose computing

Kotak fund invests Rs 940 cr in IPO-bound diagnostics chain Neuberg

Neuberg Diagnostics, promoted by GSK Velu, is planning to use the pre-initial public offering fundraise to boost its merger and acquisition ability

Star Health aims to double bancassurance biz to Rs 2K cr in three years

The company currently has over 70 partners in the bancassurance business, including state-owned banks, private banks, and non-banking finance companies

Infosys joins hands with Andhra for skill census of 35 million people

The project will cover people, between 15 to 59 years, across 1.8 crore households. The census is also to identify the skill sets that industries require

Volatile currency: Fall in rupee win some, lose some for auto industry

While exporters benefit, import-dependent firms expected to struggle

Flying taxis startup ePlane partners with TCS to ease urban mobility

Together, they aim to create transformative solutions that address pressing urban challenges, such as congestion, inefficiency, and environmental sustainability

Numeros Motors to launch electric two wheeler in Bharat Mobility Expo

Engineered to redefine clean mobility, the platform is available in three variants: Diplos Max, Diplos Pro and Diplos I-Pro

V Narayanan is new Isro chairman, space secy; to take charge on Jan 14

Narayanan, who is currently the director of Liquid Propulsion Systems Centre (LPSC), has been appointed for a period of two years

Truck rentals remain flat in Dec, Maha Kumbh boosts activity in Prayagraj

Prayagraj region witnessed a 30-40 per cent spike in trucking activity in December, driven by preparations for the upcoming Maha Kumbh Mela, scheduled to take place from January 13 to February 26

Auto retail sales dip 12% in December despite a good show in CY 2024

Sales of two wheelers dipped by 18 per cent, passenger vehicles by 2 per cent and commercial vehicles (CV) by 5.2 per cent

CRI Pumps bags Rs 754 crore deal from MSEDCL, to supply 25,000 solar pumps

With this empanelment, CRI Pumps is poised to play a pivotal role in promoting the adoption of renewable energy solutions, powering Maharashtra's agricultural landscape

Textile hub Tiruppur threads a recovery on sliding rupee as exports surge

What's driving this surge? Partly, it's the rupee's depreciation versus the dollar, down nearly 3 per cent in 2024, which has made India's exports more attractive on the global stage

Rail freight hits fast track in India's auto industry, shows data

According to data available with BS, the number of rakes handled by Railways for the automotive sector between April, December of FY25 stood at 5,651 units, up from 5,198 rakes in FY24

Despite moderation, India will be fastest growing economy: N Chandrasekaran

Tata Group Chairman N Chandrasekaran highlighted three major transitions in the world, including shift to renewable energy, that are moving in line with India's strengths

Auto sales shake off pandemic blues, hit record high of 26.1 mn units

Shailesh Chandra, managing director of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, said the industry remains "optimistic" about PV growth in the new calendar year

UPI transactions surge to record 16.73 bn in Dec; value at Rs 23.25 trn

Interestingly, for the entire 2024, the volume increased by 46 per cent to around 172 billion transactions, compared to 118 billion in 2023

Indian startup OrbitAID's patented tech clears zero gravity test in Florida

It validates SIDRP's capabilities for on-orbit satellite servicing, including docking, refuelling, and proximity operations, in simulated space conditions

How Indian startups are charting new course in downstream space sector

Downstream sector uses space data for practical applications; is projected to be worth $610 bn by 2031