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Automaker Kia completes first EV-only manufacturing plant

Sep 27, 2024

Seoul, Sep 27 (IANS) Automaker Kia said on Friday it has completed building Hyundai Motor Group's first manufacturing facility dedicated solely to electric vehicles, which boasts an annual capacity of producing 150,000 units.Kia held a ceremony for the Kia Gwangmyeong EVO Plant, located at Kia Autoland in Gwangmyeong, just south of Seoul, which is…

India rising on defence industrial landscape of the world

Sep 26, 2024

New Delhi, Sep 26 (IANS) As India’s defence production surged to Rs 1.27 lakh crore in FY23-24, the exports have also soared from Rs 1,000 crore to Rs 21,000 crore, spanning across over 90 nations, further giving a push to the country's…

Business

GreenLine partners with Sterlite Copper to enhance sustainable logistics

Sep 26, 2024

Mumbai, Sep 26 (IANS) GreenLine Mobility Solutions Ltd, a key player in Essar's Green Mobility initiative, has announced its partnership with Sterlite Copper, a unit of Vedanta Ltd, to advance the deployment of its liquefied natural gas…

Business

Sensex closes at all-time high, Auto stocks shine

Sep 26, 2024

Mumbai, Sep 26 (IANS) Indian equity markets are witnessing a robust performance, with the Sensex up by 666 points and the Nifty surpassing the 26,000 mark, closing at 85,836 and 26,216, respectively. Intraday, Sensex and Nifty hit new…

Business

Kumar Gaurav: The visionary shaping the future of global finance

Sep 26, 2024

New Delhi, Sep 26 (IANS) Kumar Gaurav’s journey from the historic land of Nalanda, Bihar to the global blockchain stage is a testament to visionary excellence, entrepreneurial spirit, and unrelenting pursuit of innovation. As the Founder…

Business

Ola Electric customers cry over never-ending issues, even from day 1 after purchase

Sep 26, 2024

Mumbai/New Delhi, Sep 26 (IANS) Ola Electric’s flagship S1 series EV scooter has turned out to be a nightmare for several customers as they continue to face issues like malfunctioning hardware and glitching software even from day one after…

Business

Indian travel & hospitality sector to expand workforce by 64 pc: Report

Sep 26, 2024

Bengaluru, Sep 26 (IANS) To meet the growing demand, 64 per cent of employers in the travel and hospitality industry are expanding their workforce, according to a report on Thursday.The sector is experiencing an unprecedented resurgence,…

Business

India’s Lohum Cleantech to jointly set up $30 mn lithium-ion battery processing unit in US

Sep 26, 2024

New Delhi, Sep 26 (IANS) Homegrown battery-tech startup company Lohum Cleantech on Thursday announced to set up a lithium-ion battery materials processing facility in the US with ReElement Technologies and American Metals for $30…

Business

Petrol, diesel likely to see Rs 2-3 per litre cut if crude prices remain stable: Report

Sep 26, 2024

New Delhi, Sep 26 (IANS) Healthy marketing margins on auto fuels could spur price reductions of Rs 2-3 per litre in petrol and diesel prices in the country if crude prices remain stable, leading rating agency ICRA said on Thursday.The…

Business

Hyundai Motor, Kia launch joint tech project for EV battery development

Sep 26, 2024

Seoul, Sep 26 (IANS) Hyundai Motor and Kia, South Korea's leading automotive companies, said on Thursday they have launched a joint project to develop cathode material technology for producing LFP (lithium iron phosphate) batteries for…

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