Reporting a consolidated net profit of Rs.212.12 crore for the last quarter of FY2020-21 against a net loss of Rs.68.59 crore in the year prior to this, Bharat Forge, an automotive, defense, and aerospace components supplier are confident of strong growth on the basis of an encouraging rebound in export markets. Said to expect robust demand in major export segments[Read More…]
Planning to convert 233 of its diesel-run mid-sized buses to CNG, the Pune Mahanagar Parivahan Mahamandal Limited (PMPML) is looking at sustainable transport solutions in the face of high and continuously rising fuel prices. Operating 233 diesel midi-buses, 327 standard diesel buses, 815 CNG buses, and another 806 buses through contractors, the organization is claimed to have chalked out a[Read More…]
Spark Minda Group company, Minda Corporation Limited, has signed a Joint Venture (JV) agreement with Korea-based INFAC Elecs Co. Ltd. to manufacture modern automotive antennas used to power features like remote keyless entry and V2V & V2X communication. To offer multiple antenna products such as rod antenna, micro pole antenna, shark fin antenna, LF antenna, and more, the JV will[Read More…]
Addressing a Rotary District Conference 2020-21 recently, union transport minister Nitin Gadkari expressed that a decision over flex-fuel to ten days. The Government, claimed a source, is considering making flex-fuel engines mandatory for the automobile industry. The move is expected to help farmers and boost the Indian economy. Made attractive by price, which is Rs.60-62 per liter for alternative ethanol[Read More…]
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