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  Chennai: Switch Mobility Automotive Limited today joined hands with Siemens Limited, a global technology powerhouse known for their engineering excellence, innovation, quality and reliability over 170 years, to address the potential of the e-mobility market in India, driven by a strong commitment to support zero emission mobility through lowest Total Cost of Ownership. Switch Mobility Automotive and Siemens have entered into a Memorandum of Understanding (MOU) towards building a co-operative technological partnership in electric commercial mobility segment and execute eMobility projects in...

Stocks in news: Vedanta, Jindal Steel, Bharti Airtel, Dixon Tech and more Stocks to watch out for on April 8: Vedanta, Jindal Steel & Power, Bharti Airtel, Dixon Technologies, Godrej Consumer Products and more BusinessToday.In | April 8, 2021 | Updated 09:39 IST Stocks to watch today: Vedanta, Jindal Steel & Power, Bharti Airtel, Dixon Technologies, Godrej Consumer Products Sensex and Nifty are likely to open in the green today as SGX Nifty was trading with a gain of 69.50 points or 0.47 percent. Nifty Futures were trading around 14,933 on the Singapore exchange. On Wednesday,  benchmark ...

For technology partnership in electric mobility segmentSwitch Mobility Automotive today joined hands with Siemens to address the potential of the e-mobility market in India, driven by a strong commitment to support zero emission mobility through lowest Total Cost of Ownership. Switch Mobility Automotive and Siemens have entered into a Memorandum of Understanding (MOU) towards building a co-operative technological partnership in electric commercial mobility segment and execute eMobility projects in India. The MOU is aimed at delivering efficient, cost-effective and sustainable E-Mobility sol...

Siemens Limited, Switch Mobility sign MoU to provide sustainable and innovative E-Mobility solutions in India Posted On: 2021-04-08 08:16:26 (Time Zone: Arizona, USA) Siemens Limited has signed a Memorandum of Understanding (MOU) with Switch Mobility Automotive Limited to jointly address need of electric commercial vehicle customers and execute EMobility Projects in India. The MOU is aimed at delivering efficient, cost-effective and sustainable E-Mobility solutions to various commercial vehicle customers in India. Switch Mobility will bring its electric commercial vehicle industry experi...

Ashok Leyland - Margins outlook remain subdued - ICICI Securities Posted On: 2021-02-15 20:45:50 (Time Zone: Arizona, USA) Ashok Leyland's (AL) operating performance in Q3FY21 was below consensus estimates as EBITDA margin came in at 5.3%. Gross margins eroded ~321bps QoQ to 25.6% due to deterioration in mix (M&HCV revenue share rose 11% QoQ to ~56%). Management indicated: a) economic activity resumption has been stronger on infrastructure side which has aided tipper/ multi-axle segment; b) commodity prices are likely to further stiffen in Q4 and price increases are unlikely to cover for...