Terex Corporation has completed the sale of its Material Handling and Port Solutions Business (MHPS) to Konecranes Plc for USD 595 million, with Euro 200 million in cash. Addtionally 19.6 million newly issued class B shares represent a 25 per cent interest in Konecranes. According to John L. Garrison, President and CEO of Terex, the Konecranes- MHPS combination would be a[Read More…]
Nagpur Municipal Corporation (NMC’s) rolled out a new city bus service called ‘Aapli Bus’ (your bus) in December 2016. As part of the initiative, NMC comissioned 20 new buses. They were flagged off by Nitin Gadkari, Minister for Road Transport, Highways and Shipping, and Devendra Fadnavis, Chief Minister of Maharashtra. Five of these buses run on ethanol. The rest of[Read More…]
FRP Institute, which specialises in the promotion of composites, has announced its alignment with the Government of India’s (GoI’s) ‘Make in India’ initiative. At a conference in Mumbai, the institute highlighted the advantages FRP offers in diverse sectors including automobiles. It highlighted the use of FRP in commercial vehicles, buses and reefer trucks apart from ballistic armour, vehicle armour and[Read More…]
The Mathura refinery of Indian Oil Corporation has despatched BSVI High-Speed Diesel (HSD) to two auto companies ahead of others claim industry sources. The company, they add, have been asked to test the viability and compatibility of fuel. S M Vaidya, the general manager of Mathura refinery is known to have said that his refinery has completed the target set[Read More…]
Pace Setter ZF Drives Forward Change with Innovative and Flexibile Implementation 
SIAM Deliberates on Policy Reforms for Automotive Taxation 
SIAM Highlights India’s Biofuel Push at 2025 Conference 
Refurbishing Industry Is Bouncing Back 
Decarbonisation and Digitalisation 
