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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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GSK, PATH, and Bharat Biotech sign product transfer agreement to help ensure long-term supply of RTS,S/AS01E malaria vaccine

27 Jan 2021 | 9:52 PM

Kolkata, Jan 27 (UNI) GSK, PATH, and Bharat Biotech (BBIL) today announced the signing of a product transfer agreement for the malaria vaccine, RTS,S/AS01E 1 . The agreement includes the transfer of manufacturing of the RTS,S antigen part of the vaccine and the grant of a license on all rights pertaining to the RTS,S/AS01 malaria vaccine to BBIL. GSK will retain the production of the adjuvant of the vaccine (AS01E) and will supply it to BBIL.

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Hero MotoCorp to commence its operations in Mexico soon

27 Jan 2021 | 9:13 PM

Hyderabad, Jan 27 (UNI) Hero MotoCorp - the world’s largest manufacturer of motorcycles and scooters - on Wednesday announced the commencement of its operations in Mexico soon.

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GHIAL to raise US $300 Mn through bond issue for Hyderabad airport expansion

27 Jan 2021 | 8:40 PM

Hyderabad, Jan 27 (UNI) GMR Hyderabad International Airport Limited (GHIAL), a subsidiary of GMR Airports Limited and a step down subsidiary of GMR Infrastructure Limited (GMR Group), on Wednesday announced that it had successfully priced an offering of US$ 300 Mn bond in the international bond market.

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Successive Technologies is Now an Umbraco Gold Partner

27 Jan 2021 | 7:36 PM

NOIDA, India, Jan. 27, 2021 /PRNewswire/ -- Successive Technologies, an India-based next-gen technology services company has been awarded Gold Partner status by Umbraco. This is the highest level of partnership level and allows Successive to access exclusive Umbraco resources and do more for its Clients than before.

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Canara Bank's operating profit grew by 37 29 per cent at the end of the Q3

27 Jan 2021 | 6:31 PM

Bengaluru, Jan 27(UNI) The Public sector lender Canara Bank on Wednesday, had reported an operating profit
of Rs 5382 crores at the third quarter end, a growth by over 16.02 per cent, Chairman and Managing Director of the Bank, L V Prabhakar said.

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