AISECT ltd. awarded TiE-Lumis Partners Entrepreneurial Excellence awardSeptember 29th, 2009 NEW DELHI - India's leading Education, Training and Services network, AISECT Ltd., recently won the TiE-Lumis Partners Entrepreneurial Excellence Award held in Delhi. The main thought behind this award was to honour the endeavor and spirit of entrepreneurs who have made a mark in their respective sectors.
Abilities India Pistons and Rings Ltd. awarded two gold trophies in ACMA awardsSeptember 3rd, 2009 NEW DELHI - Abilities India Pistons and Rings Ltd. expert in manufacturing of Pistons and Piston Rings for 2 and4 stroke engines, for automobiles (mainly two / three wheelers) has won two Gold trophies, for excellence in Exports as well as in productivity and quality, in the golden Jubilee ceremony of ACMA awards (2008 - 2009).
"Recycled" fuel materials may lead to economically viable hydrogen-based vehiclesSeptember 2nd, 2009 WASHINGTON - Scientists have developed a new method for "recycling" hydrogen-containing fuel materials, which could open the door to economically viable hydrogen-based vehicles. The method has been developed by Los Alamos National Laboratory and University of Alabama researchers, working within the US Department of Energy's (DOE) Chemical Hydrogen Storage Center of Excellence.
AP Source: Chrysler Aug. sales down 15 percent on shortages of some fuel-efficient modelsSeptember 1st, 2009 AP Source: Chrysler sales fall 15 percent in Aug.NEW YORK — A person familiar with the matter says Chrysler Group LLC posted a 15 percent drop in U.S. sales in August due to shortages of some smaller vehicles.
GM to remove "Mark of Excellence" logo from vehicles as focus shifts to 4 core brandsAugust 25th, 2009 GM to remove "excellence" mark from vehiclesDETROIT — General Motors Co. will begin removing its "Mark of Excellence" logo from vehicles as the company places greater emphasis on its individual brands.
Transporters not to run old vehicles in Kolkata from SaturdayJuly 31st, 2009 KOLKATA - With the Supreme Court refusing to stay a Calcutta High Court order banning commercial vehicles over 15 years old from Kolkata, transport operators Friday decided to keep all such vehicles off the roads from Saturday. "We've decided not to run commercial vehicles more than 15 years old in the Kolkata Metropolitan Area from Aug 1," said Swarnakamal Saha of the Kolkata Metropolitian Bus and Mini Bus Owners Association.
Israel to help Haryana farmers increase farm outputJuly 21st, 2009 CHANDIGARH - Israel will set up two "centres of excellence" in Haryana on an outlay of Rs.15.7 crore to help farmers increase production of fruits and vegetables, the country's ambassador to India Mark Sofer said here Tuesday. Once the centres are operational, farmers will be introduced to the latest mechanised farming techniques developed in Israel.
US sends mine-proof vehicles to AfghanistanJuly 10th, 2009 WASHINGTON - The US defence department is sending thousands of mine-proof vehicles to Afghanistan to protect its troops from improvised explosive devices, officials said. More than 3,000 such vehicles have been shipped to Afghanistan, the Pentagon said Thursday.
IEA says global oil demand to rebound strongly in 2010 after 2-year dropJuly 10th, 2009 IEA forecasts strong rebound in oil demandPARIS — Global oil demand will rebound 1.7 percent next year as recovery in developing countries helps counter a two-year drop in oil usage sparked by the global recession, the International Energy Agency said Friday. The Paris-based agency predicted Friday in its closely watched monthly survey that global oil demand will increase by 1.4 million barrels a day in 2010 to 85.2 million barrels a day.
Tata Motors, Jindal Steel get SAIL excellence awardsJuly 9th, 2009 NEW DELHI - State-run steelmaker Steel Authority of India Ltd (SAIL) Thursday announced its SAIL HR Excellence Awards for seven Indian manufacturing firms including Tata Motors and Jindal Steel. The SAIL has instituted the award to commemorate its 50th year of production.
BMW planning mass production of e-vehicles by 2015June 11th, 2009 MUNICH - BMW has no plans for forming a partnership with other manufacturers on battery powered electric vehicles and has its own plans to mass-produce "megacity" e-vehicles by the year 2015, BMW CEO Norbert Reithofer has announced. The car maker will decide by the end of the year whether to establish a subsidiary for the "megacity vehicles" alongside the current BMW, MINI and Rolls-Royce labels, according to Reithofer.
GM May sales drop 29 percent, but show improvement over April levelsJune 2nd, 2009 May Auto Sales: General MotorsDETROIT — General Motors Corp. said Tuesday that its May U.S.
Tata Motors net falls 51 percentMay 30th, 2009 MUMBAI - Tata Motors Ltd, India's automobile major reported a smaller-than-expected 50.7 percent drop in the annual profit while sales picked up in the March quarter and raw material prices fell. This was disclosed by C Ramakrishnan, Chief Financial Officer of Tata Motors, at a press conference here on Friday.
BAE Systems says it's on track for growth despite drop in land-vehicle salesMay 8th, 2009 BAE Systems says it's on track for growthLONDON — BAE Systems PLC, Europe's largest defense contractor, said Wednesday it is on track for solid growth this year despite a drop in sales of land vehicles. In a management update for the year to May 5, the company said it would not be affected by adjustments in U.S.
South Indian Bank excellence awards for five KeralitesFebruary 8th, 2009 THRISSUR - Kerala-based private lender South Indian Bank (SIB) will honour five 'globally acclaimed' Keralites for their life-time contributions to various fields, it was announced Monday. K.M. Cherian (heart surgeon), Adoor Gopalakrishnan (film maker), Verghese Kurien (architect of India's white revolution), K.J.