Mahindra and Mahindra group chairman Anand Mahindra has deferred his decision to step into the role of non-executive chairman from April this year after Sebi postponed the deadline for the separation of the managing director and chairman roles to April 2022.
The exhibition saw an estimated 100,000 visitors paying an entry fee of Rs 475 on Saturday. While the number of visitors was along the lines of participation in the preceding years, it was considerable given that it was an election day in Delhi, organiser said.
As many as 32,923 people rode the newly constructed metro line as against an average daily ridership of about 25,000, according to official data, said one person in the know asking not to be named. Over 70,000 people visited the auto show on Friday, according to the organiser Society of Indian Automotive Manufacturers (SIAM).
In 2017, the government launched the National Data Repository, which holds data on the country’s sedimentary basins. The repository has boosted exploration activity by private companies as the new data sets are showing higher probability of oil, experts said.
Service provider Reliance Jio showcased at the expo its technology developments that connect vehicles to the cloud and can be used for wireless information exchange. The company is yet to commercialise these technologies. Telecom companies see great opportunity in collaborating with carmakers to provide wireless communication as vehicles get more and more connected, experts said.
The car will have a range of 147 kilometres per single charge. The battery on the vehicle could be charged up to 80 per cent within an hour with fast charging, the company said.
The residential segment, which accounts for almost three-fourths of the total elevator sales, was stagnated as fewer new housing projects came up. Builders have been burdened by unsold inventory and a cash crunch. The commercial segment, which includes elevators installed at malls and office complexes, fared only marginally better.
This is the Chinese carmaker's second major market entry in recent times after Russia, increasing its global presence to about 60 nations. The company looks to establish two brands in India – Haval and GWM EV. While the former will cater to all types of SUVs, the EV brand will house non-SUV electric vehicles.
The Korean carmaker also showcased a concept of its third car in the country.
The company also showcased its upcoming flagship SUV Gravitas, which is a 7-seater variant of the Harrier. A close-to-production version of the HBX micro-SUV was also shown
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