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Pawan Goenka: Former Mahindra MD Pawan Goenka joins Sun Pharmaceutical as independent director

Mr Goenka continues as the Non-Executive Chairman of Mahindra Agri Solutions (MASL). Mr Goenka is currently serving as the Chairman of the Board of Governors of IIT Madras and IIT Bombay. ....

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Former Mahindra MD Pawan Goenka joins Bosch and Sun Pharmaceutical as an independent director

Former Mahindra MD Pawan Goenka joins Bosch and Sun Pharmaceutical as an independent director
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Pawan Goenka, former managing director of Mahindra & Mahindra, retired on April 1 from the company. Now, he has joined the board of technology and engineering company Bosch as an independent director and board of drug firm Sun Pharmaceutical as an additional independent director.
In both companies, he has been appointed to the board from May 21, 2021. The board of directors at Bosch approved the appointment of Pawan Kumar Goenka as independent director for a period of five years with effect from May 21, 2021.
Goenka served on the boards of several Mahindra Group Companies both domestic and International. ....

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Carmakers call for a long-term emissions road map

Carmakers call for a long-term emissions road map
th May 2021 4:34 pm
A 10 year blueprint will allow auto companies to plan their powertrain strategies and develop cost-effective tech to meet future regulations.
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Often panned for its contribution to air pollution, the Indian auto industry has made great strides to clean up its act in recent years. Despite the tight April 2020 deadline, it successfully
transitioned to BS6, and is now gearing up for the next round of emission norms set to kick in by 2022-23. However, the regulatory path beyond that remains unclear, which could potentially upset the automakers’ long term strategies for powertrain development. ....

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A three-pronged transformation - The Hindu BusinessLine

A three-pronged transformation
May 09, 2021
Utility first: M&M will focus on SUVs after a tepid showing with diversification - Bloomberg/ Udit Kulshrestha
Utility first: M&M will focus on SUVs after a tepid showing with diversification - Bloomberg/ Udit Kulshrestha×
Anish Shah, Mahindra group’s first professional MD, has a clear growth strategy. But it all hinges on execution
When Anish Shah, the new boss at the $19-billion Mahindra group, presented his 100-day plan to the company board, everyone sat up. Typically, when new CEOs present a 100-day plan, it’s around stuff like understanding the company, getting deeper insights into the financials, and building the team. Shah, who is set to become the first professional MD and CEO of the Mahindra Group, however, offered a transformational plan. For Shah, who joined the conglomerate in 2015 as President of its special projects, much of the groundwork had already been done over the past year ever si ....

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Auto industry prepared for BS6 Phase 2 (CAFE, RDE), but vehicle costs to go up

Petrol engines to require programmed fuel injection
Hybrids and EVs crucial to meeting CAFE norms
With new emission regulations from 2022, passenger vehicles prices set to rise
The next round of regulations will kick off with the new Corporate Average Fuel Economy (CAFE 2) rules in April 2022 that will lower the permissible average CO2 levels of any carmaker’s fleet from the current 130g/km to 113g/km. The following year, Real Driving Emissions (RDE) norms will require cars to achieve emission targets even in real world conditions, as opposed to just a laboratory environment. This second phase of BS6 (or BS6.2), then, is set to make the emission limits a lot harder to scale for automakers than before. ....

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