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Volvo CE India MD Dimitrov Krishnan, wins Equipment India Award 2023

Volvo CE India MD Dimitrov Krishnan, wins Equipment India Award 2023

  Volvo Construction Equipment (CE) India’s Managing Director (MD) Dimitrov Krishnan has been announced as Equipment India Person of the Year. The coveted award was unanimously bestowed to Dimitrov Krishnan by the Jury Panel for his outstanding contributions to the industry, which have not only propelled his organisation but have also had a positive impact on the industry as a[Read More…]

by November 7, 2023 Uncategorized
BorgWarner increases power electronics business with premium European OEM

BorgWarner increases power electronics business with premium European OEM

BorgWarner has been awarded increased business by a premium European OEM to supply additional Combined Inverter and DC/DC Converter (CIDD) units for use in the company’s all-wheel-drive B and C segment hybrid applications. By combining the inverter and converter elements, the compact CIDD can manage both a vehicle’s electric drive and its accessory systems, satisfying OEM goals of maximizing power[Read More…]

by November 7, 2023 News
Sojo passenger app to improve last-mile connectivity in Delhi

Sojo passenger app to improve last-mile connectivity in Delhi

  In a bid to improve the last-mile connectivity of Delhi commuters, the state transport department has introduced a passenger-friendly app in association with international agencies and private entities.  The app was developed by Panasonic India Innovation Centre (IIC) in association with the New Energy and Industrial Technology Development Organization (NEDO), the Transport Department, Delhi Metro Rail Corporation (DMRC), the[Read More…]

by November 7, 2023 Uncategorized
Tata Motors to acquire 27% stake in ‘Freight Tiger’

Tata Motors to acquire 27% stake in ‘Freight Tiger’

  Tata Motors and Freight Commerce Solutions Private Limited (‘Freight Tiger’) has signed a Securities Subscription Agreement (SSA) and a Shareholders Agreement (SHA) for the acquisition of a 26.79% stake in ‘Freight Tiger’ for a consideration of Rs 150 Crores. The SSA also includes a provision enabling Tata Motors to further invest Rs 100 Crores over the next two years,[Read More…]

by November 7, 2023 Uncategorized