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Crude oil price rise may spoil the party

Crude oil price rise may spoil the party

Brent crude oil reached USD 55.16 per barrel level recently. It is the highest level reached since 2015, and is being attributed to Russia, Kazakhastan and a few other countries. These countries, it is being claimed, have agreed to voluntarily cut their output. If crude oil prices keep rising, for motorists (CV operators especially) in net oil importing countries like[Read More…]

by January 17, 2017 News
IMEA 2016 awards manufacturing excellence

IMEA 2016 awards manufacturing excellence

Conceptualised by Frost & Sullivan to recognise Indian manufacturing capability and global competitiveness, the India Manufacturing Excellence Awards (IMEA) 2026 edition was held at Mumbai recently. Looked upon as a platform to identify future ready factories in India, the thirteenth edition of IMEA, Hyundai Motor India Limited, Chennai, was awarded ‘Indian Manufacturer of The Year’. Mahindra & Mahindra Ltd –[Read More…]

by January 17, 2017 News
Volvo Group signs MoU with IISc

Volvo Group signs MoU with IISc

Volvo Group Trucks Technology (GTT) and Indian Institute of Science (IISc) have signed a Memorandum of Understanding (MoU) to undertake research and development in future automotive technologies. The initiative, said Jan-Ove Östensen, VP – Advanced Technology & Research, Volvo Group, will demonstrate his group’s commitment to continually work with academic institutions to innovate, and to strengthen industry-academia collaboration globally. Volvo[Read More…]

by January 17, 2017 News
New taxi norms favour cab aggregators?

New taxi norms favour cab aggregators?

The new taxi norms favour cab aggregators claim insutry sources. They aver that cab aggregators are allowed to charge up to three time the minimum fare during the day, and up to four times the minimum fare between mid-night and 5 am as per the new guidelines for taxi operators. The guidelines call for the minimum fare to be approved[Read More…]

by January 17, 2017 News