"We have lined up Rs 600 crore in fresh capital investment to develop two new models for the next two years. These new vehicles will come out from our next generation monocoque platform coming up at our Pithampur, Indore, works for T1N," Prasan Firodia, managing director, Force Motors, told PTI. … [Read more...] about Force Motors plans Rs 600cr capex to develop 2 new models
Star business journal
Railway revenue from passenger fare down by Rs 400cr in Q3; income from freight up by Rs 2,800cr: RTI
However, in freight loading railways seems to have made a robust recovery in the third quarter. In the first quarter, the railways earned Rs 29,066.92 crore from freight loading. In the second quarter, the earnings from freight came down to Rs 25,165.13 crore. With earnings of Rs 28,032.80 crore, the railways made a significant recovery in the third quarter, the RTI reply has revealed. … [Read more...] about Railway revenue from passenger fare down by Rs 400cr in Q3; income from freight up by Rs 2,800cr: RTI
George Soros pledges $1 billion to battle ‘would-be and actual dictators’
(With inputs from AFP, PTI)Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about George Soros pledges $1 billion to battle ‘would-be and actual dictators’
Telecom gear maker ITI to invest Rs 150cr to boost solar panel capacity
Public sector electronics and telecom gear maker ITI Limited plans around Rs 150 crore investment to scale up its solar panel manufacturing capacity to 90 MW in the next fiscal, a top company official said. The company, which plans to raise Rs 1,600 crore through a follow-on public offer (FPO), has a solar panel capacity of 18 MW currently. … [Read more...] about Telecom gear maker ITI to invest Rs 150cr to boost solar panel capacity
Connected cars poised to become common phenomenon in India: Report
"Moreover, in the time to come OEMs (original equipment manufacturers), are expected to struggle to get consumers to pay for advanced connectivity features, even when it means increasing road safety. The perception of Indian with respect to safety while driving connected vehicles is also very low," the study noted. … [Read more...] about Connected cars poised to become common phenomenon in India: Report
