Tag: automobile manufacturers.

GMR may challenge order scrapping user development fee at Hyderabad airport

HYDERABAD: GMR Hyderabad International Airport Ltd is considering challenging the regulator’s order scrapping the user development fee at Rajiv Gandhi International Airport here, a group official said today. The order by the Airports Economic Regulatory Authority (AERA) will have a negative impact on the company’s financials, said Siddharth Kapur, chief financial officer of GMR Infrastructure’s… Read More ›

Tech firms, Indian airlines join hands for flight safety

NEW DELHI: Aviation technology firms are entering the Indian market in a big way, tying up with airlines like Air India, IndiGo and GoAir to provide critical components to enhance flight safety and run their businesses. Air India today signed a MoU with major US firm Honeywell to upgrade the landing and take-off gears of… Read More ›

Green manufacturing leading to economic and ecological gains

Faced with increased regulatory pressure, chemical manufacturers, especially pharmaceutical and fine chemicals makers, are taking green route for processing Chemicals industry is under increased pressure across the supply chain with a traditional reliance on non-renewable resources (that are becoming increasingly scarce and have uncertainties over continuity of supply); old processes (most chemical processes are based… Read More ›

Tata Motors launches campaign against spurious spare part makers

This is part of a systematic campaign against the sale of spurious spare parts under the Tata Genuine Parts brand.  PUNE: Cracking down on counterfeit spare parts makers, Tata MotorsBSE 0.15 % conducted a raid at 33 parts manufacturers and duplicate packing suppliers in Maharashtra. This is part of a systematic campaign against the sale… Read More ›

Upbeat Boeing and Airbus revise 20-year market outlook for India

As per Boeing outlook, between 2013 and 2032 Indian airlines will buy 1,600 aircraft valued $205 billion.  HYDERABAD: Two of the world’s largest aircraft manufacturers – Boeing and Airbus – have both revised their 20-year market outlook for India stating that the country will see more aircraft sales till 2032 than what they had estimated… Read More ›

Adding value to polymer waste through recycling

Presence of metals, such as aluminum, in plastic waste makes it difficult to recycle. Specialty additives can offer a solution to this challenge by converting polymer waste into quality products Plastics have become a necessity in our daily lives. The wide variety of applications of plastics has made them indispensable but at the same time plastics… Read More ›

Target is to raise non-auto share: Steffen Berns

Interview with Managing Director, Bosch Ltd Having fared comparatively better than the Indian automobilemarket in 2013, which declined by 3 per cent on the production volume (without two-wheeler segment), the automotive business of Bosch Limited registered a marginal decline of 0.7 per cent. Steffen Berns, managing director, Bosch, explains, in an interview with Mahesh Kulkarni, how the… Read More ›

Autoline Industries soars on stake sale plan in US unit

The board will meet on March 11 to explore various avenues of raising funds to meet the funding requirements of the company. Autoline Industries has soared 9% to Rs 70.30 after the company said its board will meet on March 11 to consider fund-raising options, including selling stake in U.S. unit. The board of directors of… Read More ›

Aviation: Big airlines to fight for a pie in the sky

This year, India emerged as one of the most promisingaviation markets in the world, with three international airlines announcing investment plans here. While Abu Dhabi-basedEtihad Airways sealed a Rs 2,058-crore deal for a 24 per cent stake in Jet Airways, the Tata Group made a resounding comeback in the aviation industry, forging tie-ups for two start-up airline ventures…. Read More ›

Aviation covers to gain newer dimensions in gen insurance

There is rise in demand for cover for ground handling and aircraft components Aviation insurance policies that were primarily used to coverthe fleet of the airline companies is now in demand for the other covers provided by this policy. Insurance companies said that apart from airline insurance, covers for ground handling and aviation product liability has been increasingly being… Read More ›