Page 3 - Kpit Technologies News Today

KPIT Technologies introduced Sodium (Na)-battery tech, aiming for a 25-30% cost reduction compared to lithium-ion batteries, critical in EVs. Promising 80% capacity retention for 3000-6000 cycles and faster charging, it targets diverse applications from vehicles to grid storage. The firm, collaborating with IISER Pune, harnesses earth-abundant materials, aiming to lessen Indias battery import reliance. Seeking partnerships for mass production, KPITs sodium-ion tech aligns with global sustainabil...

A deal between KPIT Technologies and AirConsole parent company N-Dream will help the Swiss company sign more deals with content providers and car manufacturers

A Saudi Arabia and Pakistan-based start-up hopes its technology, shortlisted for awards at the COP28 climate change summit, will bring down greenhouse gas emissions across the Middle East

The role of softwarisation in the automotive industry is so big that the OEMs are increasing their investments substantially. The trend is expected to continue into the late 2030s. More displays, sensors and cameras are being incorporated in the cars of the future, the software-defined vehicles. The challenge for the OEMs will not be innovation of features but its implementation mechanism.

The selling pressure in Tata Techs stock was amid high volumes with over 62.76 shares changing hands on the NSE at 9:50 am. The price correction also ensured its market cap slipped below its peer Tata Elxsi.

The bumper listing ensured that the market cap jumped more than two fold against Streets expectation of post issue market capitalisation of Rs 19,269 crore - Rs 20,283 crore.

The list is dominated by capex plays as the impact of the upcycle is being noticed in both earnings as well as share prices. Topping the chart are two rail stocks - Titagarh Rail Systems and Jupiter Wagons - which have been reporting at least a 100% YoY jump in their profits. In the September quarter, Titagarh reported a 107% rise in PAT and 54% sales growth while Jupiter saw its profit rising 233% against 111% growth in sales.

Pune: KPIT Technologies aims to remain ahead of its clients that is the automobile manufacturers in terms of technology as the company sees a huge pot.

KPIT Stake In N-Dream AG: As the automotive industry moves towards autonomous and high-connected mobility, technology is becoming synonymous with mobility. A new feature for gamers is developing in the cockpit of the future where they could experience and enjoy in-car gaming, which is eventually expected to become a core feature of the cars of tomorrow. While it is possible in the near-term when the vehicle is stationary, ETAuto finds out how automakers across the world can tap into this evolvin...

Indian equity benchmarks were trading higher today. Sensex gained 55 points to 65,985 and Nifty rose 19 pts to 19,803. Heres a look at stocks that are buzzing in action today.