T E Narasimhan
T E Narasimhan
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India's second moon mission aimed at more than just earning bragging rights
If all goes to plan, this mission will mark a string of firsts for Isro and India's space prowess
 "India's second moon mission aimed at more than just earning bragging rights")
From Fitbit to Samsung, smart wearables makers steer the fitness curve
As more and more Indian consumers buy into health and wellness as a lifestyle choice, Fitbit, GOQii, Titan, Samsung, Xiaomi look to set the rules of the game
 "From Fitbit to Samsung, smart wearables makers steer the fitness curve")
Celebi Aviation to start Taxibots at airports with Euro 45 mn investment
TaxiBots help cut fuel consumption by 85% by towing narrow-bodied aircraft from terminal gate to take-off point, with the planes' engines turned off; they also reduce Foreign Object Damage by 50%
 "Celebi Aviation to start Taxibots at airports with Euro 45 mn investment")
Apollo Tyres makes a song and dance over Sachin Tendulkar to take on rivals
From celebrity endorsers to brand anthem by A R Rahman and big marketing spends, the tyre company is pulling out all stops to narrow its gap with MRF and Ceat in two-wheeler tyre segment
 "Apollo Tyres makes a song and dance over Sachin Tendulkar to take on rivals")
Piramal's exit will not impact Shriram Group companies: R Thyagarajan
Shriram Group is not driven by one individual; every company has its own management and is run by their respective CEOs, says Thyagarajan
 "Piramal's exit will not impact Shriram Group companies: R Thyagarajan")
Two-wheeler industry to grow 6-8 % in FY20; we will outpace it: TVS Motor
Company foresees some challenges due to migration to BSVI norms in 2020 and due to international trade environment
 "Two-wheeler industry to grow 6-8 % in FY20; we will outpace it: TVS Motor")
IFC set to invest $30 million in Indian School Finance Company
IFC is likely to provide regional and global lessons in the education financing sector
 "IFC set to invest $30 million in Indian School Finance Company")
Rudratej Singh appointed BMW Group India President and Chief Executive
Former Royal Enfield's president to strengthen BMW Group's operations in India
 "Rudratej Singh appointed BMW Group India President and Chief Executive")
Ashok Leyland plans on revving up global business; LCVs to drive expansion
Its new vision encompasses light commercial vehicles, small commercial vehicles, intermediate commercial vehicles (ICV), M&HCV, spare-parts and defence
 "Ashok Leyland plans on revving up global business; LCVs to drive expansion")
Ashok Leyland to halt production for 5 days at Pantnagar as stocks pile up
Move follows slowdown in CV sales; No work on June 17 and 24, but employees will still get pay
 "Ashok Leyland to halt production for 5 days at Pantnagar as stocks pile up")
NCLT okays first resolution plan in realty; Oasis to invest in Vishwakarma
Sanjay Chugh, head of Chennai branch of Anarock Property Consultants, said the NCLT's okaying the resolution plan would boost the confidence in the sector
 "NCLT okays first resolution plan in realty; Oasis to invest in Vishwakarma")
Automobile sales down 7.5% in May, two-wheeler segment worst hit: FADA
Highest vehicle registration took place in Uttar Pradesh at 281,175 units, followed by Maharashtra and Tamil Nadu
 "Automobile sales down 7.5% in May, two-wheeler segment worst hit: FADA")
Cashew import prices hiked by 280% to support domestic producers
Kerala Cashew Industry Joint Council said the move is a shot in the arm for the struggling cashew industry in the state
 "Cashew import prices hiked by 280% to support domestic producers")
India's second moon mission Chandrayaan-2 to take off on July 15: Isro
Sivan said of the Rs 1,075 crore, nearly Rs 603 crore will be towards satellite development and the balance Rs 375 crore will be for the GSLV MK-III rocket
Radar imaging satellites to enhance India's surveillance capabilities
So far, satellites could survey a specific area every 22 days. The GISAT satellites will scan an area every alternate day and provide nearly real-time pictures of large areas for border surveillance
 "Radar imaging satellites to enhance India's surveillance capabilities")
Double whammy for tyre firms: Rubber cost zooms, auto demand crawls
Natural rubber prices up 23% since January; weak demand in the replacement market, tepid exports add to manufacturers' woes
 "Double whammy for tyre firms: Rubber cost zooms, auto demand crawls")
Bengaluru firm Team Indus to design and build moon lander for NASA
NASA has selected three commercial moon-landing service providers to deliver science and technology payloads under CLPS
 "Bengaluru firm Team Indus to design and build moon lander for NASA")
DPIIT says FDI flow into Tamil Nadu declines 25%, state refutes data
Overall FDI inflow declined to $44.37 billion (Rs 309,867 crore) in 2018-2019 from $44.86 billion in the previous year (Rs 288,889 crore)
 "DPIIT says FDI flow into Tamil Nadu declines 25%, state refutes data")
Castrol bets on purpose-led advertising and cricket to engage with users
The brand bets on purpose-led advertising and cricket to engage with its user community, bats for longevity
 "Castrol bets on purpose-led advertising and cricket to engage with users")
Homegrown PE/VC funds double in 10 years, share of US peers drops: Report
Homegrown firms have the advantage of having larger, more focused and entrepreneurial teams
 "Homegrown PE/VC funds double in 10 years, share of US peers drops: Report")
