Morning Daily - 2021-03-01

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ETAuto Newsletter | Monday, March 1, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Industry | Tyres | Oil & Lubes | Commercial Vehicle
Top Stories
• We must continue to trade with China: Bajaj Auto MD Rajiv Bajaj
• Meghalaya rolls out EV policy, aims adoption of 15% EVs by 2025
• Maruti Suzuki vehicle exports from India exceed 2 million
• Exploring possibility of exporting H'ness CB350 to various global markets: HMSI
• MG Motor hit by surge in freight rates
• Global container shipping rates high but unsustainable: Fitch
• High fuel rates may boost EVs: Piaggio CMD
• Birla Precision to ramp up capacity to tap emerging opportunities in India
• View: It makes sense to export, not scrap old cars
• Localization is the key to a resilient Indian automotive industry: Auto experts
• India's crude steel output grew 7.6% to 10 million tonne in Jan: worldsteel
• Rising fuel cost pushes India Inc to hike prices
• Ways for MSMEs to emerge stronger after the Covid pandemic
• Start Your New Job Strong - How To Introduce Yourself Forbes
• Study Shows Therapy Helps You Find A Job If You're Depressed Forbes
• Whitmer, governors of major auto states urge Biden to act on chip shortage The Detroit News
Passenger Vehicle
• Porsche to participate in fundraising of electric supercar maker Rimac -Automobilwoche
• 465 electric four-wheelers registered since August in Delhi
• 'Meyers Manx' dune buggy creator dead at 94
• Novice drivers on hand-held smartphones also drive under influence
• GM to furlough workers in Brazil plant for 20 days, suspending production
Auto Components
• Global demand for non-ferrous metals helps Indian engineering exports survive pandemic
• Advik Hi-Tech acquires Hanon Bangalore Operations
Industry
• UT administration to frame rules for electric vehicle charging stations
• Auto stocks in focus ahead of Feb sales figures: Here's what to expect
• Forex reserves up by $169 mn to $583.865 bn
• India's most sought-after automotive awards - 'Indian Car of the Year' & 'Indian Motorcycle of the Year 2021' recognize innovation and excellence in the industry
• NHAI develops single lane of 25.54 kms road in record time
• 216 infra projects worth Rs 74,067 cr completed till December
• $1 trillion digital economy possible in next four years: Assocham report
• Need to promote decent and sustainable work in automotive industry: ILO
• Digital currency can transform payment transactions; poses disintermediation risk: RBI report
• Zomato hikes delivery partners' pay to counter sky-high fuel prices
• Both centre and states need to cut fuel taxes, says FM Nirmala Sitharaman
• Gadkari urges MSMEs to avail concessional finance and install rooftop solar
• How women change corporate dynamics in manufacturing industry
Tyres
• Cooper recalls 430K light truck tires due to sidewall bulges
Oil & Lubes
• India's biggest oil retailers are now focusing on rural revival
• Oil prices climb after progress on huge U.S. stimulus bill
• Bringing petroleum products under GST will be good move: CEA K V Subramanian
• Petrol, diesel prices unchanged across metros
• Fuel prices increased due to dip in supply: Oil min
• IOC launches 100 Octane premium petrol in Hyderabad, fuel to cost Rs 160/litre
• IOC to invest Rs 32,496 cr to expand Panipat refinery capacity
• Oil set for steady gains as economies shake off pandemic blues
• Oil marketing companies hike fuel prices again after 3-day break
Commercial Vehicle
• 40 electric buses to hit Chandigarh roads in September
• Your ride to and from Delhi Metro stations will soon turn green
• KSRTC's plan to procure biodiesel, e-buses in limbo
Auto Finance
• FPIs invest Rs 25,787 Cr in Indian equities in Feb
• Ways for MSMEs to emerge stronger after the Covid pandemic
 
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