Fri, Apr 28, 2017 | updated 11:56 AM IST

JBM Auto forms JV with Poland's Solaris for electric buses

Updated: Jul 17, 2016 14:50 IST      
JBM Auto forms JV with Poland's Solaris for electric buses

New Delhi, July 17 (ANI): Auto component manufacturer JBM Auto announced a joint venture with Poland's Solaris Bus and Coach SA for manufacturing electric and hybrid buses in a BSE filing on Saturday.

The company entered into a joint venture agreement on July 14, 2016, with Solaris Bus and Coach SA, Poland, JBM Auto.

Earlier this year in February at the Auto Expo, JBM Auto had unveiled a fully electric bus 'Ecolife' which was developed in partnership Solaris Bus and Coach.

The Eco-life will be manufactured in India using Solaris's technology. The vehicle will be powered by lithium batteries and run 150-200 km in 10-15 hrs of city bus operation.

Once it gets into commercial production, Ecolife will be the second indigenous mass public transport product from JBM Group, the company had said.

Solaris Bus and Coach is one of the major producers of city, intercity and special-purpose buses as well as low-floor trams in Europe.

It started production in 1996 and has sold over 14,000 vehicles across 30 countries. It has a factory at Bolechowo near Poznan. (ANI)

New Delhi [India], Apr 28 (ANI): According to a report published by the Deutsche Bank, the government has two more years to're-energise' the economy, re-start the investment cycle and accelerate job growth.

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FreeCharge launches coupons to enhance user engagement

Updated: Apr 28, 2017 08:43 IST     

New Delhi [India], Apr 28 (ANI): Digital payment platform FreeCharge on Thursday announced the launch of coupons on its e-wallet to enhance user engagement and reactivation.

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77 percent Indian companies eyeing expansion in 2017: Survey

Updated: Apr 28, 2017 08:34 IST     

New Delhi [India], Apr 28 (ANI): Driven by positive economic sentiment, 77 percent of senior finance executives of Indian companies surveyed expect moderate to substantial economic expansion in 2017, according to the Global Business and Spending Outlook survey released on Thursday.

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New Delhi [India], Apr. 28 (ANI): A high-level committee, headed by finance secretary Ashok Lavasa, submitted its report on Thursday, on allowances of 47 lakh government employees, to Finance Minister Arun Jaitely.

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New Delhi [India], Apr 27 (ANI-NewsVoir): Bengaluru is set to play host to national and international cosmetic dermatologists at the 12th Edition of World Congress of Cosmetic Dermatology (WCOCD) from May 4th to 6th 2017 at Dr. Babu Rajendra Prasad International Convention Centre, GKVK.

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New Delhi [India], Apr 27 (ANI-BusinessWireIndia): Mech Mocha, an India-focused Bangalore-based mobile gaming start-up, today announced that it has raised USD five million Series A funding led by Accel Partners and Shunwei Capital and with participation from existing investor Blume Ventures.

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Treebo makes business travel easy with 'Treebo for Business'

Updated: Apr 27, 2017 16:29 IST     

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New Delhi [India], Apr 27 (ANI-NewsVoir): Shardul Amarchand Mangaldas and co. (SAM and Co.) acted in relation to the Rs. 1,193 Cr. Offer For Sale (OFS) of National Aluminium Company Limited (NALCO).

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New Delhi [India], Apr 27 (ANI): Missouri State University has announced special scholarships for Indian students. During his visit to India Colonel Stephen Robinette Associate Vice President, International Studies, MSU, USA, made a number of important announcements for Indian Students.

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OYO launches its first hotel in Kathmandu

Updated: Apr 27, 2017 15:04 IST     

New Delhi [India], Apr 27 (ANI): Aiming to venture into the market in Nepal, budget-hotels network OYO announced the launch of its debut hotel in Kathmandu, following its successful venture into Malaysia in January 2016, where it has now grown to 200 hotels.

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Cash Suvidha strengthens financial access to Indian students

Updated: Apr 27, 2017 14:55 IST     

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New Delhi [India], Apr 27 (ANI): On the occasion of Akshaya Tritiya, online payment platform Paytm on Thursday announced its collaboration with India's only Internationally Accredited Refinery MMTC-PAMP to launch Digital Gold, enabling Indians to buy, store and sell pure gold instantly.

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New Delhi [India], Apr 27 (ANI): According to the J.D Power 2017 India Two-Wheeler Customer Service Index (2WCSI) Study released on Thursday, when service dealers effectively communicate with customers at key junctures while servicing a two-wheeler at original equipment (OE)-authorised service centers, overall customer satisfaction notably improves.

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New Delhi [India], Apr 27 (ANI): Tata Motors on Thursday signed a contract for the supply of 3192 units of the Tata Safari Storme 4x4 to the Indian Armed Forces, under a new category of vehicles - GS800 (General Service 800).

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New Delhi [India], Apr 27 (ANI): Dismissing the proposal put forth by a member of NITI Aayog, Minister of State for Finance Santosh Kumar Gangwar on Thursday stated that no taxes will be levied on agricultural income.

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Vihaan Networks bags North East connectivity project of BSNL

Updated: Apr 27, 2017 13:08 IST     

New Delhi [India], Apr 27 (ANI): Indigenous telecom equipment manufacturer Vihaan Network Limited (VNL) bagged Rs. 1648 crore telecom infrastructure project of state-owned Bharat Sanchar Nigam Ltd for providing connectivity in over 4000 villages in remote areas of Arunachal Pradesh and Assam.

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New Delhi [India], Apr 27 (ANI): Edelweiss Tokio Life Insurance, the joint venture between the Edelweiss Group and Tokio Marine Holdings of Japan, on Wednesday obtained approval from the Insurance Regulatory and Development Authority of India (IRDAI) for 'POS - Saral Nivesh' , which will be sold over the counter for the first time in India under the POS (Point of Sale) guidelines.

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PVR Cinemas signs five-theatre deal with IMAX

Updated: Apr 27, 2017 10:12 IST     

New Delhi [India], Apr 27 (ANI): Multiplex chain PVR Ltd. on Wednesday signed an agreement with IMAX Corporation to add five more IMAX theatres in the Indian market. Through this rollout, PVR cinemas will reach a count of 10 IMAX screens and retain its position as the largest IMAX partner in India.

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