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SidneyEdith
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
SidneyEdith
Release Time:2024-06-02
Motherson Sumi to raise $300 million to repay debt, capex
NEW DELHI: Automotive component maker Motherson Sumi Systems today said its subsidiary Samvardhanana Motherson Automotive Systems Group will raise $310 million (about Rs 200 crore) through a debenture issue slated for December 2021 for debt repayment and general corporate purposes. Motherson Sumi Systems Ltd a BSE “Our Subsidiary Samvardhananana” Motherson Automotive Systems Group B.V. has announced 4.875% p.a. pricing of USD 300 million, 5.5 3-year, non-callable senior notes due December 2021.” .” . “This is the Company’s third successful bond issuance and marks the Company’s successful entry into the U.S. dollar bond market,” Motherson Sumi said.-The parties’ debt and general corporate purposes, including some capital expenditures. The 2016 Concession Plan is for the year 2016 Ends June 16, 2016 Australia and New Zealand Bank, DBS, Deutsche Bank and HSBC will serve as global co-coordinators, and Barclays and Standa...
Detail >
SidneyEdith
Release Time:2024-06-02
Daimler India to export school buses to Middle East this year
HANOVER: Daimler Commercial Vehicles India is ready to start operating its full range of buses and plans to export nine tons of Mercedes-Benz school buses to the Middle East by the end of this year. The company, which is a wholly owned subsidiary of Daimler, plans to expand its product line and plans to enter the domestic market next year by launching a 16-ton bus chassis. Next year, we plan to enter the business of selling buses to state governments and ministries. Markus Villinger, CEO, India “The 9-ton Mercedes-Benz branded school buses will be sold in the GCC countries, which is the first step for India. These buses will be produced at the IAA Commercial Vehicle Show.” . He added that the company will be established on 11th of this year Month to December to start showcasing these buses in the Middle East. The school buses will be sold in the Middle East under the Mercedes-Benz brand. In India, it is sold using the BharatBenzz brand. DICV is currently exp...
Detail >
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Q&A
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Q
what does it mean if the engine light is blinking
ZoraTed
CelesteMotley
Release Time:
July 2, 2024, 7:26 AM
A blinking engine light is a serious warning from your vehicle’s onboard diagnostics system indicating a severe engine misfire. This misfire can lead to unburnt fuel passing into the exhaust system, potentially damaging the catalytic converter, a costly component. Unlike a steadily illuminated check engine light, which suggests you should have the car checked soon, a blinking light means the issue is critical and needs immediate attention to prevent further damage. It’s advisable to reduce power usage (e.g., by turning off the air conditioning) and have the vehicle inspected by a professional as soon as possible.
0
SidneyEdith
Release Time:
March 19, 2024, 5:33 PM
In the event that your vehicle’s check engine light flashes. you should stop it as safely as possible and have it inspected and repaired immediately.
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