Sharda Motor Industries Limited (SMIL) has agreed to form a joint venture (JV) with Kinetic Green Energy & Power Solutions for developing battery packs with battery management systems (BMS) for electric vehicles (EVs) and also stationary applications. Based in New Delhi, Sharda Motor Industries is an automotive component manufacturing company, while Kinetic Green Energy & […]
KPIT Technologies, a Pune-based software company, has agreed to acquire a controlling stake in an embedded systems company called PathPartner Technology for up to INR 1,910 million ($25.74 million). Based in Bengaluru, PathPartner Technology is a specialist design service and solution provider of operating system software and low-level software for automotive, camera, multimedia, and radar […]
Tata Motors and Tata Power have inaugurated a 6.2MW solar carport at the former’s car manufacturing factory in Chikhali, Pune. The two Tata Group companies said that it is the largest grid-synchronized, behind-the-meter solar carport in India. Dr. Praveer Sinha – CEO and MD of Tata Power said: “As One Tata initiative, we are proud […]
Kolte-Patil Developers Limited (KPDL), a Pune-based real estate developer, said that its board of directors has appointed Yashvardhan Patil as the new group CEO, with effect from 12 June 2021. Yashvardhan Patil is said to have been involved closely in all major areas of Kolte-Patil Developers’ operations since he first joined in 2012. He is […]
Kolte-Patil Developers Limited said that its group CEO Gopal Sarda has put down his papers to take up other opportunities. According to the Pune-based real estate developer, Gopal Sarda’s resignation has come into effect from the close of business hours on 10 June 2021. Rajesh Patil – Chairman and Managing Director of Kolte-Patil Developers said: […]
Kolte-Patil Developers said that it has signed a couple of new projects in Pune under the development management (DM) model, with expected fees of around INR 80 crores. The Pune-based real estate developer will provide its brand to the 8.4-acre Hinjewadi residential project and the 5.4-acre Tathawade mixed use project. The saleable areas of the […]
Infosys has signed a memorandum of understanding (MoU) with energy giant BP for working together to develop an integrated Energy as-a -Service (EaaS) offering that will offer end-to-end management of the energy assets and services of customers. The firms plan to pursue opportunities using the energy and mobility expertise of BP and the digital capabilities […]
Mahindra Lifespace Developers, an Indian residential property developer, said that it has finalized the terms to acquire nearly 3.2 acres of land in Pimpri, Pune, from its parent organization Mahindra & Mahindra. The acquisition is anticipated to close in approximately six months and will be contingent on the meeting of agreed conditions by both buyer […]
Bisleri International, an Indian mineral water brand, has entered into a partnership with online delivery partner Zomato and delivery app Dunzo for providing doorstep delivery of Bisleri products to consumers across India. The tie-up with the delivery service providers marks an extension of Bisleri’s Direct-to-home campaign to enable the uninterrupted supply of Bisleri mineral water, […]
Indian food delivery startup BOX8 app has started taking orders for the delivery of essential items like dairy products, fruits, vegetables, snacks, grocery and poultry products within 30 minutes across the cities of Mumbai, Pune, Bangalore, and Gurgaon. Food items that are scarce in the market due to lockdown in India will be available on […]