INDIAN NEWS & TIMES

Monday, January 30, 2023

Bosch Global Software Technologies (BGSW), formerly known as Robert Bosch Engineering and Business Solutions (RBEI), today inaugurated the first-of-its-kind Vehicle Validation Center at the Coimbatore campus for Mobility Tier-2 suppliers. The facility is equipped with state-of-art infrastructure to augment application engineering and system validation in vehicles. Over the past 15 years, BGSW Coimbatore center has built its expertise in many aspects of mobility domain. To further augment the capability, the […]

Categories: Business

India’s one of oldest and largest electric two-wheeler manufacturers, Hero Electric, announced a long-term partnership with Maxwell Energy Systems for their advanced Battery Management Systems (BMS). As part of this partnership, Maxwell will supply more than a million units of its BMS over the next three years to support Hero Electric’s plan of rapid growth to maintain its leadership position. A BMS is the brain of the battery pack responsible for ensuring the […]

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Eicher Motors Ltd., leading Indian multinational automobile company, and parent company of Royal Enfield, global leader in the mid-weight motorcycles segment (250cc-750cc), today announced a strategic collaboration in the space of electric motorcycles with Spain-based Stark Future SL. As part of this collaboration, the Board of Directors of Eicher Motors Ltd. has today approved an investment of € 50 million for a close to 10.35% equity stake in Stark Future. With this investment, Eicher Motors Ltd., will […]

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Marking the beginning of yet another successful FTA, Hon’ble Union Minister Shri Piyush Goyal flagged off the first consignment under the India-Australia Economic Cooperation and Trade Agreement (ECTA) on 29th December at Mumbai. Dispatchment of consignments under India-Australia ECTA was held simultaneously from Mumbai, Surat and Chennai Along with Shri Piyush Goyal, the flag off ceremony at Mumbai was held in the presence of Mr. Rajesh Agrawal, Additional Secretary, Department of Commerce; Ms.  […]

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Hero Electric India’s oldest and largest electric two-wheeler manufacturer partnered with NP Technology and Financial Advisor, an E-Mobility consulting, Skill Development, Financing, and Fleet Operations business to amplify electric vehicle reach to platform-based fleet operators. It will further add gig workers in Driver Owner Model to the overall platform and transform commuting for individuals at large. The partnership will speed up the addition of Gig workers on green mobility platforms for […]

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The Wadhwani Foundation today announced the appointment of Meetul Patel to the key position of President – Wadhwani Entrepreneur. Meetul will head the Wadhwani Foundation’s initiatives focused on building entrepreneurship ecosystems and accelerating the growth of small businesses. This is a strategic appointment in line with the Foundation’s growing global footprint across Asia, Africa and Latin America and is aimed at strengthening and scaling the Foundation’s mission of creating high-quality jobs and improving […]

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Royal Enfield, global leader in mid-size (250cc-750cc) motorcycle segment, today began a new chapter on its journey in the Americas region, and specially in Brazil, with the commencement of operations of its new CKD assembly facility. This is a significant step forward in Royal Enfield’s plans in LatAm, and reiterates the brand’s commitment to the region, as Brazil is a strong market for Royal Enfield. Located in Manaus, capital of […]

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TiE (The Indus Entrepreneurs), the internationally prominent NPO devoted to the growth of entrepreneurs, will host its flagship Entrepreneurship Summit, TiE Global Summit, between 12th – 14th December in Hyderabad. The event is set to be inaugurated in the presence of Mr. K T Rama Rao, Minister of IT, Industries & Commerce, Government of Telangana, Mr. Shantanu Narayen, Chief Executive Officer, Adobe Systems, and Mr. Anil Kumar Chalamalasetty, CEO & MD, Greenko Group. Commended as the Largest Entrepreneurship Summit, […]

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New York-headquartered Dale Carnegie, among the world’s leading L&D brands, is for the first time embarking on a major franchise expansion spree with its local India business partner, WalchandPeopleFirst, a company of the erstwhile Walchand Group. India’s fragmented training industry is estimated to be above Rs. 20,000 crores at a conservative level with a robust growth rate. Commenting on the new development, Ms. Pallavi Jha, Managing Director said”.  This is […]

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 L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a global leading pure-play engineering services company, today announced the inauguration of two new design and prototyping centers in Peoria, Illinois, USA, to support the digital engineering programs of customers. The two centers of excellence (CoE) will complement the existing LTTS flagship design center in Peoria. The new centers- 1DigitalPlace and Electrification & Prototyping Center- will offer services in digital manufacturing and […]

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For the quarter ended 30th September 2022, Sinclairs Hotels Limited posted a Total Income of Rs. 962.51 lakh, a 60% increase over Rs. 602.81 lakh for the corresponding quarter in the previous year. EBIDTA for the quarter stood at Rs. 328.12 lakh (Rs. 209.15 lakh) while Profit Before Tax stood at Rs. 190.39 lakh as against Rs. 59.30 lakh in the corresponding quarter of the previous year. The Profit After […]

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Pudumjee Paper Products Limited (PPPL), which is engaged in manufacturing and marketing specialty papers and hygiene products, has reported impressive results for the six-month period ended 30th September, 2022. During the six-month period ended 30th September, 2022, the Company produced 30786 MT of paper, 31% increase over 23453 MT produced during the same period in the previous year.  While the Turnover for the six month period increased by about 66 […]

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Agritech start-up Otipy operated by Crofarm Agriproducts Pvt Ltd has appointed Rohit Sood as the Chief Business Officer to drive the next phase of business expansion in existing and new markets in India. He will play a pivotal role in the development and expansion of Otipy’s business verticals, as the company continues to see exponential growth in specific regions.  Rohit is a senior retail and ecommerce leader having more than […]

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Continuing its stellar performance, Royal Enfield posted sales of 82,235 motorcycles in the month of October 2022 as against 44,133 motorcycles sold during the same month in the previous financial year, registering a growth of 86%. Royal Enfield exported 5,707 motorcycles during the month as compared to 3,522  during the same period last year, marking a growth of 62%. Speaking about the performance for the month of October 2022, B Govindarajan, CEO, Royal Enfield said, “The momentum for demand that we witnessed […]

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A team led by Dr. C N Ashwath Narayan, Hon’ble Minister for Electronics, Information Technology, Biotechnology, Science and Technology, Higher Education, Skill Development, Entrepreneurship and Livelihood, Government of Karnataka held a roadshow in New Delhi, as part of the upcoming 25th edition of Bengaluru Tech Summit (BTS) 2022.  The Dept of Electronics, IT, Bt, S&T, Government of Karnataka along with Software Technology Parks of India (STPI) is organising the 25th edition of Asia’s largest […]

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AstraZeneca India Private Limited, the global capability centre of leading science-led biopharmaceutical company AstraZeneca, plans to further expand its Clinical Data and Insights (CDI) division after the new unit tripled its headcount within its first year of launch in Bengaluru. To accommodate this expansion, the Bengaluru centre recently leased additional space that is being inaugurated today by key global leaders.   The continued investment will include hiring additional data experts […]

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Crown Worldwide Group forays into workspace, warehouse space managing business. Crown Worldwide Group said it had entered the workspace business to help companies to consolidate their workspaces post COVID-19. It has also entered into warehouse space management, a top executive said.  “We have ventured into what is called workspace business. All corporates are now either right sizing or resizing or consolidating their base because the equation of businesses have changed post their […]

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KNR Management Consultants, one of the youngest and fastest growing executive search consulting firms in India, is delighted to announce its first international expansion with a Singapore office for the APAC market. The primary goal of this growth is to boost its executive search expertise in the international market as well as to have a global presence across all major continents. With the expansion to the Singapore region, the brand […]

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: ASM-HHV Engineering Pvt. Ltd., a joint venture between ASM Technologies Ltd, a Global Technology Engineering provider focused on semiconductor engineering and related industries and Hind High Vacuum (HHV), a leading vacuum technology manufacturer, has announced that it has joined the Industry Affiliate Program (IAP) of the Centre for Nano Science and Engineering (CeNSE), Indian Institute of Science (IISc), Bengaluru. The Centre for Nano Science and Engineering (CeNSE), IISc, Bengaluru […]

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Global enterprise software provider Ramco Systems announced the successful implementation of its enterprise resource planning solution, Ramco ERP Software at OpenWorks, a leading American facilities management provider. Ramco’s business partner, Advanced Global Resources (AGR), played a pivotal role in the implementation process, thereby enabling a complete digital transformation.  With modules for Facility Management, Enterprise Asset Management, Fixed Assets, Finance, Sales, and Purchases, Ramco ERP Software provides OpenWorks with a 360-degree view of its operations through its […]

Categories: Business