Oems

Industry experts told Moneycontrol that automakers would have to make some changes in the engine for the vehicle to be compliant with a fuel having an ethanol blend of over 20 percent, increasing the overall cost by 2.5 percent to 4 percent.

Dixon Tech stock slips 4% on sluggish FY25 growth projection

Dixon Technologies' stock slipped after the company projected slower growth for FY25 due to its current ramp-up phase, despite setting ambitious revenue targets.

Power minister warns developers against delayed projects in India

On February 15, the government issued an order stating that if any renewable energy project is not commissioned by the prescribed date of completion, then the developer will be blacklisted for a period of three to five years after asking him/her to show cause.

Auto Expo 2023 to feature working prototypes of flex fuel vehicles, showcasing mobility trend

Flex fuel vehicles are modified versions of current vehicles that can run both on pure gasoline and ethanol blended petrol. The sugar industry, which produces ethanol, will be participating in the show

EV makers not misappropriating subsidies under FAME scheme, says SMEV

Original equipment manufacturers (OEMs) were allowed to operate and sell with their vehicles and production verified as per the testing protocols under the scheme, while even giving them extensions in view of the delays at the supply chain.

Samvardhana Motherson to acquire mirror business of Japan’s Ichikoh Industries

The transaction includes Ichikoh’s mirror business in Japan and China, catering largely to Japanese OEMs.

Tata Motors to partner with Tata AutoComp to reinforce localisation drive for EV parts 

The company plans to invest Rs. 15,000 crore in the EV segment in the next five years. The company,a leader in the EV segment with products such as Nexon, also plans to develop around 10 new offerings in the segment. 

Conceptualizing 5G trials with OEMs, application developers: Bharti Airtel

Bharti Airtel's annual report for FY20 talks of "building 5G capabilities" and promises that proposed investments in current networks will deliver robust connectivity to consumers and lay "a strong foundation for 5G services in the near future".

SLR Metaliks continues capacity expansion on hopes OEMs logging V-shaped growth

The company, which supplies to original equipment manufacturers (OEMs) including Tata Motors, Daimler, Mahindra, Swaraz Mazda and Bajaj Auto, among others, is expecting recovery in demand from auto sector from September onwards and reach "pre-COVID levels" by December provided there are no further lockdowns and worsening of the coronavirus pandemic.

Enhanced ARM DesignStart Eliminates Upfront License Fees for ARM Cortex-M0 and Cortex-M3 Processors

ARM has made several enhancements to the ARM DesignStart program, expanding the program to include the ARM Cortex-M3 processor and announcing zero upfront license fees for both the Cortex-M0 and Cortex-M3 processors, providing the fastest path forward for evaluating, designing and bringing custom SoCs to market.

Havells deal closure in 6-8 wks; focus on B2B biz:Lloyd Electric

Their main aim is to deleverage the balance sheet and increase investments into high margin businesses like OEMs, rail and defence air conditioners, transport air conditioners etc, said Nipun Singhal, Director, Lloyd Electric & Engineering.

Tyre makers staring at low revenue as Chinese imports soar

The import volume of tyres in truck and bus (T&B) and two-wheeler segments rose 25.3 percent and 120.5 percent, respectively, in the first quarter of this year on an annul basis.

Mkt to be attractive at 7500; see 75 bps cut in FY16: UBS

Gautam Chhaochharia of UBS expects a cyclical recovery to play out next year with falling interest rates acting as the big catalyst. UBS expects FY16 earnings at 8 percent, FY17 at 16 percent. He pegs year-end target for Nifty at 8200.

BHEL bullish on acquiring defence orders

Over the years, the company has made significant contributions for naval guns and Integrated Platform Management System (IPMS), BHEL Chairman and Managing Director (CMD) B Prasada Rao said at the company's 51st AGM held here

Indian auto industry to grow upto Rs 18.89 lakh cr by 2026

India automotive industry will grow 3.5-4 times in value from its current output of around Rs 4.64 lakh crore to about Rs 16.16-18.89 lakh crore by 2026.

Digital retailing to lead auto sales strategies for OEMs

Going forward, urbanization, connectivity and convergence, bricks and clicks, as well as social trends, are expected to be major drivers of retail in the automotive industry.

New software aims to democratize industrial Internet

Powerful real time Internet of Things (IoT) middleware software for Industrial Internet Edge computing designed to aggregate the data silos announced.

Chinks in new defence offset policy, feel industry experts

The new policy proposes an outcome based approach as against the direct offsets approach earlier and also seeks offsets for specific technologies.

To invest Rs 150 cr in new plant at Chennai: Gulf Oil India

Gulf Oil Lubricants India is looking at increasing its capacity at the Silvassa facility from 75000 mt to go up to 90000 mt, said MD Ravi Chawla.

Bosch is ready for BS4 & BS5 regulations: Anjan Singh

Bosch GM Diesel Systems OE Sales Anjan Singh speaks on diesel engines, emission norms in India and the future.

Amara Raja expands range of SMF VRLA batteries in India

These batteries are used in UPS applications and have features like more power and better charge acceptance

Auto cos yet to walk the talk on CSR spending

Though the provision in the newly enacted Companies Act will only kick-in from April 1, 2014, it means that companies from M&M, Maruti Suzuki to Hero MotoCorp would have to significantly ramp up their CSR investments in the coming years.

Don't expect rollback on quadricycles: Rajiv Bajaj

Original equipment manufacturers (OEMs) had earlier opposed the quadricycle segment of automotives and differences over the government's decision to notify them as a new class of autos quoting safety reasons.

Ceat sees OEM business growing at over 15% in FY14

In a times when auto Original Equipment Manufacturers (OEMs) are reeling under pressure due to slowdown in demand, Ceat expects its business from OEMs to grow more than 15 percent in 2013-14.

Auto mkt size to triple to 9.3m units by 2020: JD Power

Car sales in India may be on a downslide at present but global marketing information services company JD Power believes that the total automobile market size will triple to 9.3 million units by 2020