"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
Leveraging real estate to build wealth
Women rank pay higher than their next priority — work environment — while men say skills and career matter more than pay. As more college-educated women than men enter the workforce for the first time after decades of unequal pay, women know their rights and money matters. … [Read more...] about India faces a talent shortage of 63 percent, says ManpowerGroup report
HCL Tech reported a healthy set of Q3FY20 numbers. Further, HCL Tech has revised the lower end of the revenues guidance from 15-17 percent YoY to 16.5-17 percent and margin guidance from 18.5-19.5 percent to 19-19.5 percent. "In the quarter, Mode 1 and Mode 2 business was impacted by furloughs and cutting of long tail clients. This is expected to improve in coming quarters, ICICI Direct said. … [Read more...] about Brokerages upgraded 6 stocks to ‘buy’ post Q3 earnings; should you buy?
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
As per the 2020 Global Automotive Consumer Study by Deloitte, an annual report which comes up with insights on the automotive industry globally, the Indian market is expected to witness enhanced interest and demand for battery electric vehicles (BEVs) and connected vehicles going forward. … [Read more...] about Connected cars poised to become common phenomenon in India: Report