Deep tech ventures in India face two major gaps - proving that the technology works outside the lab, and then scaling it into a viable business.
As per the partnership, JSW MG Motor India customers will be able to leverage Shell's wide fuel station network across the country for vehicle charging.
Shell, under its flagship E4 Programme, incubates and supports start-ups via various modules of linking talent, technology, capital and know-how to accelerate India's transition to a sustainable energy future.
Shell India opened a petrol pump in Uttarahalli area of Bengaluru, taking its operational fuel stations in India to 83, of which 30 are in Karnataka, the company said in a statement.
Nitin Prasad is currently the cluster general manager for lubricants sales and marketing for India, Sri Lanka and Bangladesh. He will take charge from October 1, the company said in a statement.
Arundhati Bhattacharya, Chairperson of country's largest bank SBI, remains the most powerful woman in the Indian business sector.
It is the right time to expand for Shell as the prices of petrol and diesel have been completely freed from governmental control.
Major indices ended with marginal losses, but midcaps rallied. The India rupee too recovered after hitting its lowest level in nine-months.
The income tax department had identified and slammed notices on 27 companies for undervaluing share sales to their associate companies during 2012-13; the finance minister P Chidambaram today said in a written reply to Loksabha.
Oil major Shell India has allegedly undervalued shares to the extent of Rs 15,201 crore while transferring shares to its Netherlands-based associated company, Parliament was informed today.
Vikram Mehta, former chairman, Shell India, shared his view on the Budget.
The Indian subsidiary of Royal Dutch Shell has said it plans to challenge a tax order related to the underpricing of a share sale to its parent company in 2009.
Shell India today said it will challenge a notice by authorities alleging tax evasion by under-pricing share transfer between member companies on the ground that the order was based on incorrect interpretation of regulations.
Essar Oil Ltd has demanded that it and other private fuel retailers be paid diesel subsidy at par with their public sector competition to create a level playing field.