Archive for March, 2024

Umezawa Nobuyoshi, EKA Mobility's Chief Strategy Officer

Mitsui’s Umezawa Nobuyoshi Joins EKA Mobility as Chief Strategy Officer

EKA Mobility, a leading player in the electric mobility sector with Mitsui Co., Ltd. (Japan) & VDL Groep (Netherlands) as equity partners, has appointed Nobuyoshi Umezawa as Chief Strategy Officer. Umezawa brings extensive experience and knowledge in international business, project management, and investment portfolio management. Mr. Umezawa began his professional career in 1996 with Mitsui & Co. Ltd, where he[Read More…]

by March 6, 2024 News
Expansion of Modern Bus Fleet Fails to Halt Decline in City’s Bus Ridership ; Study Attributes 48% Drop Since 2017-18 to Poor Services

Expansion of Modern Bus Fleet Fails to Halt Decline in City’s Bus Ridership ; Study Attributes 48% Drop Since 2017-18 to Poor Services

Despite a rise in modern buses, Delhi has witnessed a significant decline in bus ridership, as per a study by the Centre for Science and Environment (CSE). The CSE’s Annual State of India’s Environment 2024 report reveals a sharp 48.5% decrease in bus ridership since 2017-18, based on data from the Economic Survey of Delhi. This decline, the highest among[Read More…]

by March 5, 2024 News
Tata Motors Demerger: Splitting Commercial and Passenger Vehicles Businesses into Two Separate Listed Companies

Tata Motors Demerger: Splitting Commercial and Passenger Vehicles Businesses into Two Separate Listed Companies

Tata Motor’s demerger plan entails housing commercial vehicles in one entity and passenger vehicles in another. Tata Motors’ board has approved a proposal to split the company into two separate entities, both of which will be listed. The demerger will result in two companies – one focused on commercial vehicles and the other on passenger vehicles. The company has stated[Read More…]

by March 5, 2024 News
New Holland launches the “Saksham” project to empower disadvantaged rural youths

New Holland launches the “Saksham” project to empower disadvantaged rural youths

The CSR initiative targets to train over 400 youths to meet the demand for sales staff in the automotive and AG sectors New Holland, a brand under CNH, has initiated the “Saksham” project to train and empower underprivileged rural youths. This initiative aligns with the National Skill Development Mission and the UN Sustainable Development Goals (SDGs). In collaboration with SEEDS[Read More…]

by March 4, 2024 News