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Bharat Forge fined under Factories Act, 1948 – ET Auto

Baua Electric

New Delhi: In accordance with Regulation 30 of the SEBI Regulations, 2015, Bharat Forge , a leading industrial powerhouse, is facing litigation under the Factories Act , 1948. This assurance is consistent with the disclosure requirements outlined in Regulation 30 and sub-para 20 of Para A of Part A of Schedule III of SEBI Regulations, 2015.

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Bharat Forge executes allotment of INR 125cr non-convertible debentures – ET Auto

Baua Electric

New Delhi: Bharat Forge , a leading global industrial house, has formally executed the allotment of non-convertible debentures (NCDs) worth INR 125 crore, in accordance with Regulations 30 and 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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Auto industry to invest USD 7 bn in 5 years to deepen parts localisation – ET Auto

Baua Electric

Indian auto industry is set to invest up to USD 7 billion, or about INR 58,000 crore, by FY28 to deepen localisation of advanced components from electric motors to automatic transmissions to reduce imports and capitalise on multinationals’ ‘ China Plus One ’ sourcing strategy. To be sure, China dominates auto parts supplies to India.

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Elon Musk says his AI startup xAI not raising capital – ET Auto

Baua Electric

Musk co-founded OpenAI in 2015, but stepped down from its board in 2018. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Elon Musk says his AI startup xAI not raising capital – ET Auto appeared first on Bauaelectric Auto News.

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ArcelorMittal wants ‘amicable’ deal on Italy steelworks – ET Auto

Baua Electric

ArcelorMittal had responded to a call for tenders after the site was last put into extraordinary administration in 2015, taking over the Ilva group and its 10,700 employees — including 8,200 in Taranto — at the end of 2018.

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ZF adds sensors for ADAS to Aftermarket CV range – ET Auto

Baua Electric

Trucks have had to be equipped with automatic emergency braking assistants and lane departure warning systems since 2015. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post ZF adds sensors for ADAS to Aftermarket CV range – ET Auto appeared first on Bauaelectric Auto News.

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Transport workers’ strike fails to disrupt bus operations – ET Auto

Baua Electric

The statewide protest seeks a revision of dearness allowance (DA) for TNSTC staff who retired since November 2015. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Transport workers’ strike fails to disrupt bus operations – ET Auto appeared first on Bauaelectric Auto News.