"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
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While Regus envisions professionals working in the XchangE, Golgart said it doesn’t have to be all about business. “People don’t have to use the car for work purposes,” he added. “They could use the comfortable seats and connectivity to play a computer game with their kids if they wanted.” … [Read more...] about The Office Of The Future Is A Self-Driving Car
"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
Centrum Broking said Larsen & Toubro has maintained its ex-services revenue growth guidance of 12-15 percent (9MFY20 growth of 4.7 percent), implying a robust growth recovery in Q4FY20. "This recovery is likely to be driven by improved execution in its Maharashtra & NCR based projects, resumption of works in its Andhra Pradesh projects as well as improved payments in government contracts." … [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