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TOP
MarjorieHearst
I'm a seasoned industrial engineer with a keen interest in machine learning. Here to share insights on latest industry trends.
Industry info
Wiki
Q&A
MarjorieHearst
Release Time:2024-06-02
With oil at $50, why is rupee still trading at 62?
In September 2014, the price of oil was $100 and the rupee was $61 to the dollar. Suppose you reduce the price of oil to $500. I think most people would suggest a rupee exchange rate of 50-55 rupees. One of the reasons for discussing this with economists and experts is the strength of the dollar. (Column by Prashant Jain, Chief Investment Officer, HDFC Mutual Funds)
Detail >
MarjorieHearst
Release Time:2024-06-02
Apollo Tyres plans to set up sales unit in Malaysia
NEW DELHI: Apollo Tyres plans to set up a subsidiary in Malaysia in the next two years, aiming to expand its global presence to capture around 15 percent of its total export revenues. The Gurgaon-based company is also set to invest Rs 150 crore this year to expand the production capacity of its Truck Bus Radial (TBR) plant in Chennai from 60,000 to 10,000 vehicles per day to 90,000,000 vehicles per day. The president of Apollo Tyres (Asia Pacific) said, “We have been working in Thailand for two years and we believe that Malaysia could be a similar market for us. We are looking at the market potential there and hope to establish an entity in the next two years,” he said. “You can do it,” he said. (Middle East and Africa) Satish Sharma told PTI. He added that Malaysia is expected to have tax-related changes, which could help some markets perform like Thailand. Commenting on the Malaysian market, he said that the country has huge potential for all ty...
Detail >
MarjorieHearst
Release Time:2024-05-31
Oil Ministry to cut subsidy burden of ONGC, adjust its cess payment
NEW DELHI: With a strong push from the oil ministry, ONGC is in the process of revising the fuel subsidy sharing formula by reducing the outlay by a quarter by restructuring the share-based statutory petroleum tax. Under the new subsidy sharing formula, the cost of oil development paid to ONGC and other upstream oil producers to the government will be reduced to Rs 4,500 per tonne, sources close to the matter said. The measure to reduce the subsidy burden will change the government’s plan to sell oil at a price of Rs. 5 per tonne to the Oil and Natural Gas Corporation. (ONGC) 10% shares are worth around Rs. 170 billion. Total tax for the current fiscal year is Rs 105 billion, of which fuel subsidy paid by upstream companies ONGC and Oil India (OIL) in the first half of the year is Rs 319.26 billion, and the rest is used for the first half of the expenditure. The financial year is Rs 800 billion and cannot be exceeded. Oil and Natural Gas Corporation (ONGC) Until recen...
Detail >
MarjorieHearst
Release Time:2024-05-21
Continental opens electronic braking system manufacturing facility in Manesar
NEW DELHI: Automotive component manufacturer Continental today launched an electronic braking system at its four-wheeler system manufacturing facility in Manesar, Haryana. Felix Bietenbeck, Head of Vehicle Dynamics, Chassis & Safety, Continental “We have an annual installed capacity of 60 units We will have 10,000 vehicles in 2017 and we will have the investment from 2017 to 2018 to double the capacity to 1.2 10,000 units. Invest in India. This capacity expansion is aimed at meeting the demand of four-wheeler manufacturers, but there are also discussions to increase capacity for two-wheeler systems. /p “There are as many as 105 road fatalities in India, of which 30% are due to two-wheeler accidents. India is currently taking proactive steps to improve vehicle safety and demand is expected to be strong.” Bittenbeck added. Claude d’Gama Rose, Managing Director, Continental Automotive Components India He said that India is an important market for Co...
Detail >
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Q
what vehicles require a cdl license
BeacherWarren
MarjorieHearst
Release Time:
March 13, 2024, 6:30 PM
Semi-trailers. also known as towing trailers or 18-wheelers. and buses of various types including city buses. school buses. and chartered tour buses may require a CDL depending on their size and weight. Tank vehicles are designed to transport liquid cargo such as fuel or chemicals. while others are designated for hazardous materials. These types of vehicles can typically carry more than one passenger including the driver. and some may even have double or triple trailers. Additionally. there are specific weight requirements for vehicles carrying hazardous materials or construction equipment. Commercial trucks with a GVWR of 26.001 pounds or more. as well as any combination of vehicles with a gross combination weight rating GCWR of 26.001 pounds or more. may require a CDL. However. this may vary slightly from state to state or province to province depending on local laws and regulations. It is important to consult your local motor vehicle department for accurate information regarding CDL...
0
Q
Is Kia a good car
MarjorieHearst
PagBelloc
Release Time:
March 5, 2024, 9:55 PM
As a great car. Kia is known for its affordability. modern design. and long warranties. Consumer Reports rates Kia’s reliability at above average. In particular. Kia’s Willow Rider. Sorento. and Sauer have good overall ratings. Before purchasing a vehicle. do thorough research or consult with a professional for recommendations that fit your needs.
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