Amara Raja sets up research hub to develop lithium-ion cells at Tirupati
The advanced lithium-ion technology research hub, the pilot project located at its headquarters in Tirupati, will become the country s first lithium-ion cell manufacturing facility in the private sector over the next few years
PTI | February 21, 2021 | Updated 18:30 IST
Amara Raja Batteries, the country s second-largest automotive battery maker, has opened the country s maiden technology hub to develop lithium-ion cells, at its Tirupati facility in Andhra Pradesh. The advanced lithium-ion technology research hub, the pilot project located at its headquarters in Tirupati, will become the country s first lithium-ion cell manufacturing facility in the private sector over the next few years, Amara Raja Batteries CEO S Vijayanand told PTI.
Jalan-Kalrock consortium plans to keep Jet listed, brand unchanged
Premium
3 min read We got the airline at a very competitive price due to the covid situation. Our cost is going to be much less than any other airline in the future. This is because we are going to start the airline without any liabilities.
Share Via
Read Full Story
MUMBAI/NEW DELHI :
The consortium consisting of asset management firm Kalrock Capital and entrepreneur Murari Lal Jalan, who are currently awaiting an approval from The National Company Law Tribunal (NCLT) to restart operations at Jet Airways (India) Ltd, will continue to operate the airline as a publicly listed company. The consortium hopes to re-start operations within four to six months of getting an approval from the tribunal, which is set to hear the resolution plan on Monday. The new promoters will keep the Jet Airways brand intact and also induct some of the older staff into the airline. Jet Airways under new promoters will start operat
February 17, 2021
A file photo of Amara Raja Batteries Chittoor unit×
To set up a greenfield lead recycling unit and solar plant. Amara Raja Batteries Limited has announced a capex of ₹500 crore for setting up a lead recycling unit and a 50 MW solar power project to support sustainable development and meet a significant part of its power requirement through renewable energy sources.
According to the company management, which announced its financial results ib Saturday, it has recently inaugurated its Advanced Lithium Technology Research Hub with a pilot plant facility for cell development based on technology sourced from Indian Space Research Organisation (ISRO).
Updated Feb 17, 2021 | 06:32 IST
As stock valuations turn uncomfortable, fund managers are turning price-averse and turning to companies with strong earnings growth and healthy demand scenario in the coming quarters Mutual funds bet heavily on these stocks in January 2021. Do you own them? | Photo Credit: BCCL
As stock valuations run north of investors’ comfort zone, mutual funds are turning stocks showing the resilience of price sustainability, strong earnings growth and better margins. Domestic mutual funds were the net sellers in most days of January 2021 barring the last few days of the month in the anticipation of Union Budget 2021. The mutual fund industry continues to witness net outflows
Three stocks that may benefit from India’s electric vehicle push
Automobile companies with more customer reach and market share are believed to benefit in future on the launch of electric vehicles segment.
(Bloomberg)Premium
Gaurav Garg,
CapitalVia Global Research Limited
Automobile companies with more customer reach and market share are believed to benefit in future on the launch of electric vehicles segment
Share Via
Read Full Story Electric vehicles market in India is steadily going to take off, not at the rate that the government considers it to be, but the industry might get pretty big moving ahead.
These electric vehicles run on rechargeable batteries. To make it more efficient such that less energy is consumed while driving, the components of these vehicles are made from lightweight and high-quality plastic or fiber.