"This collaboration with Lubrizol Advanced Materials is part of our long-term direction to bring in world class technologies to India and additionally complements our growth strategy in Chlor-Alkali and Derivatives platform" said Kalyan Ram Madabhushi, CEO – Global Chemicals & Group Business Head- Fertilisers & Insulators, Aditya Birla Group. … [Read more...] about Grasim Industries, Berkshire Hathaway’s Lubrizol partner to manufacture CPVC resin in India
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It’s uncertain where charging infrastructure ranks on our current plan for economic recovery. As the global car market recovers from a slump in EV sales, owing to large markets like China pulling back on incentives, internal combustion vehicles are likely to see a surge in sales, both in India and overseas, but the compass for mobility continues to point sharply towards electric cars. What manufacturers need are guaranteed incentives in the form of tax exemptions, lowered permit costs and tariffs on charging EVs. With India’s economy likely to pick-up after the year 2022, a delay in widespread electrification is inevitable. … [Read more...] about The dawn of electric vehicles in India is miles away, but there is hope
Flash forward to October 2020, a time when brand Tesla is stronger than ever (while brand Musk has accrued a litany of own-goals) and Musk has sparked much speculation by responding to a similar query on Twitter. Musk’s tweet stating that Tesla will launch in India by “Next year for sure” hasn’t been substantiated by an official statement from the company, much like it hadn’t been in 2017 or in 2019 when he promised the Indian finalists from the Hyperloop Pod Competition that Tesla would be operating on Indian soil in a year. And yet, in all these instances, it has had Tesla fans waving imaginary wads of cash at the apparition of a gull-winged Model X—when a real one may not be on the immediate horizon. … [Read more...] about Elon Musk says he is ready for India, but is India ready for Tesla?
FADA has promised to share data for the entire festive period comprising 30-40 days after Diwali. This will include data for Navratri and Dussera as well. Still, the retail sales that will be shared by FADA will not have data of a few states like Madhya Pradesh and Telangana. … [Read more...] about This week in Auto: Festive season brings some cheer to two-wheeler majors, but is it time yet to celebrate?
The government can help banks and other financial companies do this by specifying how they should measure and report their financial risks from climate change. The government can also require publicly traded companies across all sectors to identify and report climate risk using transparent measurement techniques, so that investors trust the numbers, which need to be comparable across institutions and, ideally, sectors, so people can use them in decision-making. … [Read more...] about The U.S. financial system needs to prepare for climate disruption