The VE Commercial Vehicles (VECV) business unit Eicher Trucks & Buses introduced the Eicher Non-Stop Series, an updated model of its heavy-duty trucks (HDTs), on November 20. Long-haulage trucks are designed to serve businesses involved in infrastructure and construction projects. They are utilized for the transportation of cement, tankers, steel, bulkers, and market loads. The…
IndiGo, India’s budget airline, now operates more than 2,000 scheduled flights per day. Being the first airline in the nation to reach this milestone, this is a historic moment. The announcement was made soon after the airline declared a second-quarter net profit. The airline stated that the 2,000 planned flights included shipping, passenger service, and…
Amazon is entering the auto industry and plans to work with Hyundai to start selling the automaker’s cars online in 2024. The massive online retailer announced that Hyundai will be the first brand that customers may buy, although it did not specify when other car manufacturers would follow suit. Andy Jassy, the CEO of Amazon,…
The infrastructure law that President Joe Biden signed in 2021 will boost local manufacturing of batteries and battery materials by up to $3.5 billion, according to a U.S. Department of Energy announcement on Wednesday. The financing is intended to enhance domestic facilities for essential minerals, next-generation technologies, and lithium-based technologies, among other things, with the…
At its Ignite conference on Wednesday in Seattle, Microsoft revealed two chips. The first, with its Maia 100 artificial intelligence chip, might be able to compete with the highly sought-after AI graphics processing units from Nvidia. Aiming for broad computing workloads, the second device, the Cobalt 100 Arm chip, may pose a threat to Intel…
During track action during the F1 event, the Las Vegas Sphere will be active; however, every effort will be taken to ensure that it does not cause any distraction to the drivers. Everything that could be misinterpreted has been agreed upon, including the red, yellow, and blue lights on the side of the track that…
Within the next two weeks, the Indian government plans to accept bids for 20 important mineral blocks, including graphite and lithium, marking a major step towards realizing its energy transition goals. This project is in line with India’s resolve to improve national security and secure local resources for the switch to green energy. Lithium Reserves…
On Wednesday, the Vedanta Group announced that, for SAR (saudi riyals) 100,000, it had established a new copper plant in Saudi Arabia through its subsidiary Malco Energy Limited. The business announced in an exchange filing that the new division is called Vedanta Copper International VCI business Limited. The board of Vedanta approved a plan in…
The financially troubled builder Jaiprakash Associates made an agreement with ICICI Bank to give the lender 18.9 crore shares that were pledged to the bank in an effort to lessen its debt load. In light of the most recent closing price of its shares, this will net the bank a recovery of about Rs 366…
One of the main reasons people travel to Iceland is to swim in its gently warm, milky-blue waters. The well-known Blue Lagoon geothermal pool, however, has been closed for a week due to nearby seismic activity. The location is on the Reykjanes Peninsula, which juts out into the North Atlantic Ocean from the capital city…