Celebrates 100 years in business

The Trump Administration has said that it is planning two meetings of the Quad countries – India, Japan, Australia and the US - in a year, amid reports that there is a disagreement among the members on upgrading the level of engagement.According to reports, the US wants to enhance the level of engagement between the quadrilateral (Quad) grouping to the level of an international secretary, but the Indian side wants to keep it to the joint-secretary level."We are working and discussing planning of the next Quad session. I think two meetings a year is probably a good tempo with other working group meetings at lower level, expert level,” Alice Wells, Principal Deputy Assistant Secretary of State for South and Central Asia, said.Close Asserting that the architect would benefit from substance, Wells said they want to build up the substance. related news Essar Steel resolution to boost Q3 number: SBI chief Rajnish Kumar GSK to sell 6% stake in HUL for $3.7bn: … [Read more...] about US planning two meetings for ‘quad’ nations in a year

Close to 50,000 commercial vehicles have been seized by financiers across India, reported the Business Standard, quoting data from Delhi-based Indian Foundation of Transport Research and Training (IFTRT). “There are about 150 repossession yards across the country and most of them are overflowing with commercial vehicles. These vehicles are lying with financers,” the article quoted SP Singh, senior fellow at IFTRT, as saying. The report compares the current slowdown to the ones in 2008-09 and 2012-13, and highlights a worrying trend that shows 40 percent vehicles being less than one year old. Moneycontrol could not independently verify the report. The ongoing slowdown and the tepid economic growth have dampened freight demand. For transporters, idling fleet and high operating costs (fuel, tyre and toll charges) have made the business unviable, which, in turn, is affecting loan payments, the report stated, adding that some had voluntarily surrendered their vehicles fearing … [Read more...] about Banks, NBFCs repossess around 50,000 commercial vehicles due to default: Report

Uber submitted an appeal on December 13 against a decision by London's transport regulator to strip the taxi app of its right to operate in one its most important markets, setting up a potentially lengthy legal process during which it can continue to take rides.Last month, Transport for London (TfL) refused to grant the Silicon Valley-based company a new licence due to what it called a "pattern of failures" on safety and security, the latest stage of a long-running battle with the authorities.Uber, which was also denied a licence by TfL in 2017 before a judge restored it on a probationary basis, said it had changed its business model over the last two years and would go further, as it lodged its appeal at Westminster Magistrates' Court.Close "We are committed to Londoners and are working closely with TfL to address their concerns and requests, as we have since 2017," said the firm's Northern and Eastern Europe boss Jamie Heywood. related news Coal Min allocates one mine each … [Read more...] about Uber submits appeal to regain London taxi licence

Tata Steel BSL said on Sunday that it has been honoured by the Odisha government for taking effective initiatives to conserve energy in its plant located at Narendrapur in Odisha's Dhenkanal district.The Odisha State Energy Conservation Award 2019 award was given to the company during the National Energy Conservation Day Celebration 2019 here on Saturday, a company statement said.The award was in the category of captive power plant above 100 MW, it said.Close On behalf of the company, Saroj Kumar Banerjee, Chief of Environment, Tata Steel BSL received the award from Odisha's Energy Minister Dibya Shankar Mishra. related news Hold on to your bets! Santa Claus rally in December is on the cards Tata Steel asks LGBTQ+ employees to declare partners, avail HR benefits Metals stocks rally on possible price hike, budding US-China trade talks "We are humbled to be recognised with this prestigious award for our initiatives taken in the direction of conserving energy," Banerjee said … [Read more...] about Tata Steel BSL bags award for energy conservation

If you buy a six-pack of Carlsberg beer in a U.K. supermarket this week, it will no longer come with standard plastic six-pack rings. Instead, the cans will be held together with a new kind of glue. advertisement advertisement The company estimates that the switch will reduce plastic waste by more than 1,200 metric tons a year, or the equivalent of 60 million plastic bags. It can also help address the problems that the packaging causes when plastic rings end up in the ocean, potentially choking wildlife or breaking down into pieces of microplastic that can enter the food chain. an edible version, made from food and agricultural waste, that can safely fall apart in water–Denmark-based Carlsberg decided to eliminate the rings completely. A small plastic handle, however, still exists to help carry the beer. The process took three years of research and development. “We tested around 4,000 different types of glue before we settled on the final formulation,” says … [Read more...] about How one beer company is ditching plastic six-pack rings