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Road construction to witness 16-21% jump in FY2024, ahead of general elections: ICRA

Road construction to witness 16-21% jump in FY2024, ahead of general elections: ICRA

autherAutocar Professional Bureau     calendar04 May 2023

Vinay Kumar G, Sector Head, Corporate Ratings, ICRA, said: “The execution was impacted in H1 FY2023, on account of elevated commodity prices as well as prolonged monsoons in certain geographies, which affected the productive days.

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Petronet LNG to establish 4-5 compressed biogas stations, includes them as part of Rs 1,700 crore capex plan for FY24
Petronet LNG to establish 4-5 compressed biogas stations, includes them as part of Rs 1,700 crore capex plan for FY24

By Shahkar Abidi calendar04 May 2023

In addition to that, it has already set up four LNG stations in conjunction with IndianOil, the company's top leadersh...

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MHI's Rs 800 crore recovery crackdown on EV OEMs is first step towards detangling FAME II subsidy resolution
MHI's Rs 800 crore recovery crackdown on EV OEMs is first step towards detangling FAME II subsidy resolution

By Amit Vijay M calendar04 May 2023

According to Autocar Professional’s estimates, a total of Rs 837 crore in the industry will have to be paid to MHI. Th...

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StoreDot to manufacture extreme fast-charging EV batteries in the US, Europe and Asia
StoreDot to manufacture extreme fast-charging EV batteries in the US, Europe and Asia

autherAutocar Professional Bureau calendar04 May 2023

The company’s manufacturing strategy is focused on localising its supply chain to cater to OEM customers in their own ...

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Volvo Group partners with Narayana Health, launches advanced medical services mobile clinic
Volvo Group partners with Narayana Health, launches advanced medical services mobile clinic

autherAutocar Professional Bureau calendar04 May 2023

The mobile clinic, equipped with advanced screening equipment along with diagnostic tools such as ultrasound, ECG and ...

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Mercedes-Benz Trucks begins eActros roadshow through five European countries
Mercedes-Benz Trucks begins eActros roadshow through five European countries

autherAutocar Professional Bureau calendar04 May 2023

Total distance of 3,700 kilometres to be covered purely electrically; the three series-produced all-electric eActros t...

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Magna wins new high-voltage eDrive business with European premium carmaker
Magna wins new high-voltage eDrive business with European premium carmaker

autherAutocar Professional Bureau calendar04 May 2023

Magna’s eDS Mid is a compact, high-speed e-motor that offers a scalable power range from 100 kW to 140 kW, optimised f...

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Kia bets big on software-defined vehicle tech with flagship EV9 SUV
Kia bets big on software-defined vehicle tech with flagship EV9 SUV

autherAutocar Professional Bureau calendar04 May 2023

Kia’s flagship product becomes Hyundai Motor Group’s first model to offer on-demand features and over-the-air (OTA) so...

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Buoyed by a strong EV order book Sona Comstar posts a 35 percent jump in Q4 revenues
Buoyed by a strong EV order book Sona Comstar posts a 35 percent jump in Q4 revenues

autherAutocar Professional Bureau calendar03 May 2023

The company has posted a net revenue of Rs 2,676 crore, registering a 26 percent YoY growth.

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SMEV welcomes MHI's efforts to restore status quo
SMEV welcomes MHI's efforts to restore status quo

autherAutocar Professional Bureau calendar03 May 2023

Terming the news about the Ministry giving clean chits to various companies as a move in the right direction, Gill sai...

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

64.47%

No

 

35.53%

Total Votes : 774