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Business Economy


Goldstone Infratech delivers electric bus to KTC for trial run

Panaji, Jan 30 (UNI) Goldstone Infratech Limited, manufacturer of 100 per cent electric buses in India, delivered its first bus for trial to Kadamba Transport Corporation (KTC), a Goa Government undertaking, in the city on Tuesday.
The bus was handed over to the state government and the trial run was flagged off by Goa Chief Minister Manohar Parrikar, State Transport Minister Sudin Dhavalikar in the presence of Naga Satyam, President, Strategy, Goldstone Infratech Limited and Ketsu Zhang, Executive Director, BYD India Limited.
In a statement, Mr Satyam said,''We are happy to deliver our zero emission electric bus to KTC for trial run. We hope the state will adopt the electric buses and add to the corporation's fleet. We are seeing a great level of enthusiasm in other state governments in adopting electric buses and contribute to the clean energy goals in the country.''
Goldstone-BYD has delivered its K9 variant to the Goa Government- certified by the Automotive Research Association of India (ARAI). The 12 meter bus will be plying on Goa roads for the next few weeks on a trial basis.
Goldstone electric buses are 100 per cent electrical, zero emission, capable of 31 passengers in eBuzz K7 and 39 passengers in eBuzz K9 and covers upto 250 km at 70 kmph on a single complete charge that takes about four hours, the statement claimed.
Goldstone had last year bagged orders to provide 31 electric buses and successfully delivered electric buses to Himachal Pradesh Road Transport Corporation and Brihan Mumbai Electric Supply and Transport Undertaking.
Goldstone Infratech Limited is in a technical collaboration with Chinese company BYD Auto Industry Co Limited, the largest manufacturer of electric vehicles in the world. The company manufactures two variants of electric buses-- eBuzz K 7 (9 mts) and eBuzz (12 mts).
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Kaveri seeds Q1 PAT up by 28 62 pc

14 Aug 2020 | 12:20 AM

Hyderabad, Aug 13 (UNI) Kaveri Seeds Company Ltd (KSCL) on Thursday announced that its profit after tax(PAT) up by 28.62 per cent to Rs 295.28 crore in the first quarter ended June 30,2020 against Rs 229.57 crore in the corresponding period in the previous year.

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Shriram Transport Finance Company Q1 consolidated net profit falls by 49 92 pc

14 Aug 2020 | 12:11 AM

Mumbai, Aug 13 (UNI) Shriram Transport Finance Company has reported a decline of 49.92 per cent in its consolidated net profit for the quarter ended June 30,202. at Rs 319.25 crore, as against net profit of Rs 637.44 crore for the quarter ended June 30, 2019.

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INOX Group signs sponsorship agreement to support Team India at Olympic Games Tokyo 2020

14 Aug 2020 | 12:09 AM

Mumbai, Aug 13 (UNI) The Indian Olympic Association (IOA), governing body for the Olympic Movement in India and INOX Group, a globally acclaimed Indian conglomerate with diverse business interests, on Thursday announced a new partnership.

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Greaves Cotton elevates Nagesh Basavanhalli as Vice Chairman

14 Aug 2020 | 12:08 AM

Mumbai, Aug 13 (UNI) The Board of Directors of Greaves Cotton Ltd on Thursday said that Mr Nagesh Basavanhalli, Managing Director and Chief Executive Officer- Greaves Cotton Limited, had decided to relinquish his executive responsibilities in the organization, due to personal and family commitments.

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ViewSonic Holds "ColorPro Award Global Photography Contest" to Highlight the Spirit of Kindness

13 Aug 2020 | 11:00 PM

BREA, California, Aug. 13, 2020 /PRNewswire/ -- ViewSonic International Corp.*, a leading global provider of visual solutions, invited four leaders in the creative industry with many years of experience in providing professional tools and services to creators—Blurb, Shoot the Frame (STF), Tinyspace, and TourBox—to hold the ColorPro Award Global Photography Contest. The theme of the contest is "kindness," and everyone is welcome to submit photos from August 18 to 30 to demonstrate what kindness means to them. The top prize includes a ColorPro VP2785-2K professional display and a package of photography tools.

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