NBCC SUCCESSFULLY EXECUTES 24TH E-AUCTION FOR SALE OF WTC NAUROJI NAGAR
NBCC (India) Ltd during 24th e-auction has sold approximately 2 lakh square feet of commercial space for approximately Rs. 830 crore in the World Trade Centre project at Nauroji Nagar, New Delhi. The major corporation who has bought space in this e-auction includes NBCC, Oil India Limited and Hamdard Laboratories. Out of the total area […]
Ashok Leyland and Minus Zero announce partnership to revolutionize Autonomous Trucking
Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer announced a strategic alliance with Minus Zero, India’s leading autonomous driving technology startup. This long-term partnership aims to revolutionize commercial trucking through the deployment of autonomous solutions at scale. The initial focus of this collaboration will be on developing […]
Metso launches Nordwheeler portable crusher for manufactured sand production
In response to the growing demand for sustainability, process flexibility and higher capacity, Metso’s Nordwheeler™ NW Rapid™ range expands with the new NW8HRC that is the first portable HRC 8™ crusher for manufactured sand. “We are proud to be the first global aggregates equipment manufacturer to launch a portable high pressure grinding roll (HPGR) crusher […]
Raimondi Cranes announces the appointment of Luigi Maggioni to CEO; jumpstarts corporate expansion with raft of new initiatives
Raimondi Cranes, heritage manufacturer of intelligently-designed scalable heavy lifting solutions, announced the appointment of Luigi Maggioni to the role of Group Chief Executive Officer effective immediately. The Board of Directors, represented by Raimondi Chairman HRH Prince Khaled bin Alwaleed bin Talal Al Saud, together with Executive Vice Chairman Ahmed Alkhoshaibi, formalized Mr. Maggioni’s appointment during […]
Tata Motors flags-off its next-gen, eco-friendly fleet of commercial vehicles to Tata Steel
To make Tata Steel’s supply chain greener with tractors, tippers and buses powered by LNG and Batteries Tata Motors, India’s largest commercial vehicle manufacturer, today flagged off its next-generation, green-fuel powered commercial vehicles to Tata Steel. The fleet includes Prima tractors, tippers and the Ultra EV bus, powered by Liquefied Natural Gas (LNG) and battery […]
Daimler India Commercial Vehicles announces the appointment of its Chief Financial Officer
Daimler India Commercial Vehicles (DICV), the wholly owned subsidiary of Daimler Truck AG (“Daimler Truck”) today announced that Mr. Alexander Schoen has been appointed as Chief Financial Officer, effective March 1, 2024. In his new role, Mr. Schoen will be responsible for steering DICV’s financial strategies, enhancing operational efficiencies and supporting the company’s growth objectives. […]
Ministry of Heavy Industries announces Electric Mobility Promotion Scheme 2024
With a total outlay of Rs. 500 crore Scheme to be implemented from 1st April to 31st July, 2024 To be applicable on electric two-wheeler (e-2W) and three-wheeler (e-3W) To provide further impetus to green mobility and promote electric vehicle manufacturing in the Country Electric Mobility Promotion Scheme 2024 (EMPS 2024) scheme is being introduced […]
Tata Motors Group signs MoU with Government of Tamil Nadu to set-up vehicle manufacturing facility
Tata Motors Group, India’s leading manufacturer of commercial and passenger vehicles has signed a facilitation Memorandum of Understanding (MoU) with the Government of Tamil Nadu to explore setting-up of a vehicle manufacturing facility in the state. The MoU envisages an investment of ~INR 9,000 crores over 5-years and can potentially create up to 5,000 jobs […]
Tata Motors announces price increase of its commercial vehicles from April 2024
Tata Motors, India’s largest commercial vehicle manufacturer, announced that it will increase the price of its commercial vehicles effective 1st April 2024, up to 2%. The price increase is to offset the residual impact of the past input costs. While the price increase will vary as per individual model and variant, it will be applicable […]
Transforming Agra’s mobility with Alstom-built trains and CBTC signalling technology as metro revenue service begins
In a landmark moment, the historic city of Agra witnessed the commencement of metro service with the inaugural run made by the world-class trains built by Alstom. These new Movia metros are equipped with advanced Cityflo 650 signalling solution to ensure safe, reliable, and sustainable mobility to the commuters. . The first train was flagged […]