Online car sales may gain traction post-COVID-19 due to fears of infection; auto retail needs to become virtual: EY
Indian OEMs and car aggregators can take a cue from global players and gradually develop their capabilities to support this transformation
Coronavirus woes: Epidemic affects domestic auto, forging industry, says AIFI; vehicle demand likely to decline by 8.3% this fiscal
Forging industry primarily caters to the $57 billion automotive industry. The association represents around 400 forging units with a cumulative annual production of 3 million tonne.
Economic slowdown, weak consumer sentiment, coronavirus outbreak in China will continue to impact auto sales: Fitch
The auto sector also faces additional challenges from the adoption of stricter emission standards from 1 April
Auto sector crisis: It's amber light for motown as demand unlikely to revive in FY21; revenue growth, margins to be subdued, says eport
Despite the nearly two-year crisis in the auto sector, the past two Union Budgets have given little respite to the sector that is very critical to generate employment.
Liquidity crunch key factor for slowdown, is it a bittersweet win for JSW to buy Bhushan Power; all this and more on Moneycontrol Pro
Others say that the credit slowdown is the result of lower demand in the economy and not its cause.
Auto components industry on Friday sought uniform 18 percent GST in order to help companies with their working capital borrowings which could be used to invest in long-term assets
Slowdown woes: Reviewing exposure to auto dealers, car loans; will ensure sector does not suffer, says SBI
SBI is one of the biggest credit providers to auto dealers and individuals (auto loans), the bank said in a statement.
Defence Ministry shortlists domestic partners for Indian Navy’s Rs 45,000 crore submarine project under 'Make in India'
In a major step under 'Make in India' initiative, the Defence Ministry initiated the process for shortlisting domestic partners in the Rs 45000 crore project to build six submarines for the Navy in collaboration with foreign vendors. This is the second project being undertaken under the latest Strategic Partnership Model, with the first being the procurement of 111 Naval Utility Helicopters. All six submarines under this project will be built in India by the selected Indian Strategic Partner in collaboration with the selected OEM.
South Korean lubes major GS Caltex to make India global R&D, manufacturing hub; to cater to domestic and overseas market
GS Caltex India, which is focusing on premium auto and industrial lubricants, will also look at acquisitions to fuel its growth
Viability, implementation risks constrain outlook for wind energy sector; capacity addition to rise to 16 GW by 2023: Crisil
State auctioning slowed as several states signed PSAs with PTC and SECI to procure wind energy under the schemes auctioned by them, to help fulfil their non-solar renewable purchase obligations targets.
India's Lohia Group acquires Israeli company Light and Strong; eyes global aerospace, defence markets
Lohia Group's Indian facility located in Kanpur will be part of the Uttar Pradesh government's defence corridor and also help establish India as an exporter for customised composite products, he noted.
Ashok Leyland, Israel-based ELBIT Systems sign pact to supply high mobility vehicles; Indian co eyes global reach
Ashok Leyland would provide high mobility vehicles for mounting the artillery guns and systems, supplied by ELBIT Systems to global OEMs.
Bill Forge is a wholly owned subsidiary of Mahindra CIE Automotive, no shares of the company will be issued as consideration for the amalgamation
Both the UIDAI, as well as the telecom operators, washed their hand of the issue.
Google says it added the helpline into the SetUp wizard of Android release given to OEMs in 2014.
The new chip is architected and crafted for the demands of creative professionals.
Google new security policy will require OEMs to regularly release security patches for Android devices
"Project Treble" that is Google's plan to help manufacturers streamline the update process will reportedly play a vital role in this process.
The interesting thing to note here is that the company can use WCOS in addition to other ‘modular extensions’ to adapt Windows to any new upcoming hardware.
Smartphone chipmaker Qualcomm Inc, which agreed to buy NXP Semiconductors NV for about $38 billion last week, reported a better-than-expected 13.3 percent rise in quarterly revenue, helped by strong demand, particularly in China.
Mistry said in order to address all of the challenges the company has identified eight strategic imperatives