Page 92 - Shine Jacob/workspace/business Standard Web/video

Ford denies being in talks with Tamil Nadu govt for EV unit in Chennai

The talks are said to have started after the government approved Ford's proposal for manufacturing and exporting EVs as part of the Rs 25,938-crore production-linked incentive (PLI) scheme in February

Tamil Nadu to create 10,000 more startups by 2026, says Tansim CEO

Tansim is the nodal agency for start-ups in Tamil Nadu and is working on a new start-up policy to boost the new investor eco-system in the state.

Traffic at Indian ports jumps after trouble in the Colombo port

The political and economic uncertainties in Sri Lanka and the congestion at the Colombo port are forcing more ships to turn towards Indian ports in recent months.

Manipal HealthMap acquires Hyderabad-based Medcis PathLabs in all cash-deal

Through this acquisition, Manipal HealthMap will have access to additional 19 laboratories, including one NABL accredited central laboratory in Hyderabad.

IOC, L&T, ReNew announce joint venture for India green hydrogen business

IndianOil and L&T to form separate JV to manufacture and sell electrolysers.

Explained: Why Bharat Petroleum Corp divestment is on the slow track

Delays in due diligence, policy opacity and now the Ukraine crisis have brought the process to a near-standstill

Real estate group Alliance sells 3,686 homes worth Rs 2,290 cr in FY22

The company has lined up new launches of over 25 mn sq ft of residential projects for FY23

Tangedco to raise Rs 7,600 cr via bonds; may import coal for summer demand

Tamil Nadu's state power utility has decided to import 4.8 lakh tonnes of coal as demand surges

Demand for EV bike prompts Boom to pause bookings, refund some customers

Tamil Nadu-based Boom Motors plans an additional investment of Rs 350 crore to maintain success of brand launched in November.

Chip shortage still a challenge for commercial vehicle players: STFC MD

In an interaction with Shine Jacob, Revankar says the company is expecting a growth rate of 10 per cent in assets under management (AUM) in 2022-23

SpiceJet inks pact with Credit Suisse on $24-million dispute

In a separate case, top court asks airline to settle share-purchase dispute with Marans by Apr 12

States begin doing away with Covid restrictions; Delhi removes no-mask fine

Some states like Tamil Nadu are, however, taking a cautious approach, and are yet to announce major relaxations

EVs face a burning question of safety after serial fire incidents

Serial fires in green two-wheelers in a week raise questions about the regulation and safety standards of this fast-growing section of the automobile industry

As biz expands, rail major Wabtec eyes exports from its Indian mfg hubs

The global rail major, a third of whose global engineering team is in India, is looking at opportunities in components, digital solutions, track maintenance and electrification

Safety flags raised after three electric scooters catch fire in a week

EVPure, Ola S1 and Okinawa vehicles go up in flames; government sets up committee for investigation.

Will act once expert panel submits report: MoRTH official on e-scooter fire

Videos of a Pure EV electric scooter model engulfed in flames in Chennai went viral on social media Tuesday night. It was the fourth such incident involving e-scooters within a week

Garment units in a tizzy as cotton prices approach Rs 1 lakh a candy

High cotton rates have denied them export opportunity created by drop in Chinese shipments

Aramco unit attack in Saudi Arabia's Jeddah may raise crude, LPG prices

Petrol price on Sunday was hiked by 50 paise a litre and diesel by 55 paise, taking the total increase in rates since resumption of daily price revision less than a week back to Rs 3.70-3.75 per litre

Railways rides climate wave with green point ratings to garner more freight

Currently, the national transporter's freight basket is dominated by coal and iron ore, which cumulatively accounts for over 60 per cent of its freight volume

No Russia impact on crude availability, says CPCL MD Arvind Kumar

"As the economy is on the path of demand recovery post Covid, fuel consumption has also been picking up," said Kumar.