Tesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing process, according to two sources familiar with the matter, in another sign that the electric-vehicle maker is retrenching amid falling sales and rising competition. Tesla has been a leader in gigacasting, a cutting-edge technique that uses huge presses with thousands […]
Month: May 2024
Prices of commercial LPG cylinders slashed by Rs 19; ATF rate hiked marginally
Government oil marketing companies on Wednesday slashed prices of commercial LPG gas cylinders by Rs 19 with immediate effect. Jet fuel or ATF price was also hiked by a marginal 0.7 per cent. Aviation turbine fuel (ATF) price was hiked by Rs 749.25 per kilolitre, or 0.7 per cent, to Rs 101,642.88 per kl in […]
Car sales & summer heat fuel petrol demand in April
NEW DELHI: Petrol consumption rose 13.8% year-on-year in April while diesel sales inched up barely 1%, according to provisional data published by the oil ministry. Sales of aviation turbine fuel and liquefied petroleum gas (LPG) increased by 8.4% and 12%, respectively, in April.
Power consumption rises 11 pc to 144.25 billion units in April
India’s power consumption rose around 11 per cent to 144.25 billion units (BU) in April as compared to the year-ago period, mainly due increase in temperatures. In April 2023, the power consumption stood at 130.08 BU, a government data showed. The highest supply in a day (peak power demand) also rose to 224.18 GW in […]
Driving Progress and Sustainability: Honeywell’s Strategic Outlook in India’s Aviation Sector
Honeywell’s deep relationship with the Indian aviation sector’s modernization efforts underscores its commitment to innovation and sustainability, says Ashish Modi, President of Honeywell India Shedding light on Honeywell’s strategic outlook and its alignment with key global megatrends, he tells Financial Express Online about the company’s strategic realignment to critical megatrends, including Automation, Future of Aviation, […]
Puri railway station to be decorated with wheels of Rath Yatra chariots under Amrit Bharat Station scheme
The Indian Railways has devised a unique plan for redeveloping Puri railway station under the Amrit Bharat Station Scheme. In tie up with Rath Architectonic, the station’s principal architects, plans to integrate three wheels from the Chariot of the famous Jagannath Rath Yatra into the station’s design. Every year after the conclusion of the Rath […]
Northern Railway announces temporary changes in train schedule, Delhi-Ambala train services affected – Here’s why
The Northern Railway on Tuesday (April 30) informed that several trains are going to be rescheduled, cancelled, short-terminated and diverted in the first week of May. Due to the ongoing work on the extension of loop lines at Nilokheri station on Delhi- Ambala section over Delhi Division timings of several trains are changed. “It is […]
Vande Bharat Express v/s Vande Metro: Understanding difference in route, frequency, speed and more | Explainer
The introduction of Vande Bharat Express trains has significantly reduced travel time and provided a smoother journey experience across the nation. The addition of this semi-high-speed trains has transformed rail travel in India. Originally launched as Train 18 in 2019, these trains have become a game-changer for Indian Railways, connecting major cities in half the […]
Northern Railway cancels 69 trains, diverts 107 due to Kisan Agitation – Check complete list here
The Northern Railway on Tuesday (April 30) informed that several trains are going to be cancelled, short-terminated and diverted on May 1. The ongoing Kisan Agitation at Sambhu Station on the Ambala Cantt. Junction – Sanehwal section of Ambala Division has prompted authorities to make temporary adjustments to train services. “It is notified for the […]
Northern Railway announces temporary changes in train services due to doubling work; cancels 12 trains, diverts others – Check complete list
The Northern Railway on Tuesday (April 30) informed that there are going to be temporary changes in train services due to non-interlocking work for the commissioning of doubling at Tapa-Rampura Phul stations and doubling work on Lehra Muhabbat-Rampura Phul-Tapa-Hadiaya section on the Rajpura-Bhatinda route over Ambala division. According to the official announcement, 12 trains will […]
Ministry of Railways shares captivating clip of Vande Bharat Express train gliding through serene landscape in Kerala’s Thrissur – Take a look
The Ministry of Railways keeps sharing captivating glimpses of the enchanting journeys offered by Indian Railways time and again. In another such tweet posted on X, formerly known as Twitter, the national transporter captured the Vande Bharat Express gliding through the picturesque landscape in Thrissur, Kerala. “An amity of slopes and idyllic farmland sets the […]
Exide Industries Q4 profit jumps 37% on recovery in OEM demand, replacement market and EV battery initiatives
Exide Industries delivered a strong Q4 performance. It’s net profit increased 37% YoY to Rs 284 crore from Rs 208 crore in Q4FY23,. Its Q4FY24 revenue came in at Rs 4,009 crore, up 13% YoY from Rs.3,543 crore in Q4FY23. The Q4 performance was powered by strategic initiatives to boost sales and control costs and […]