Latest news with #DeepakPatel
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Business Standard
a day ago
- Automotive
- Business Standard
Consensus goes for a toss over question of weight in car CAFE norms
The new proposal made by the auto major goes against the consensus position submitted to the government in December 2024 after months of industry-wide consultation Deepak Patel New Delhi Listen to This Article The sudden turn of events linked to Corporate Average Fuel Efficiency (CAFE) norms has thrown the automobile industry into a tizzy. Even as CAFE norms are still two years away from implementation, the industry is learnt to be staring at uncertainty after a major carmaker recently approached the government, seeking leniency in terms of emission targets for cars weighing under about 1,000 kg. The new proposal made by the auto major goes against the consensus position submitted to the government in December 2024 after months of industry-wide consultation, sources said. The Ministry of Heavy Industries held a meeting on June
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Business Standard
3 days ago
- Automotive
- Business Standard
Rare earth magnet shortage will be resolved soon: Toyota's Vikram Gulati
India's automobile industry is currently facing a rare earth magnet shortage after China -- which supplies over 80 per cent of India's magnet imports premium Deepak Patel New Delhi Listen to This Article Toyota Kirloskar Motor (TKM) believes that the rare earth magnet shortage issue will be resolved soon as it was 'heartening' to see the entire Indian automotive industry and the central government working collaboratively on this matter, its Country Head Vikram Gulati told Business Standard in an interview on Wednesday. 'As of now, we have no concerns per se, but it is something that we are monitoring. Of course, this is a pan industry issue,' he said. When asked if the rare earth magnet shortage has had any effect on TKM's production plans, he replied, 'No, I'm not saying that. I'm
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Business Standard
5 days ago
- Business
- Business Standard
Indian carriers hit by Iran-led airspace closures after US base strike
Air India, IndiGo and others face rerouting and cancellations as airspace closures across West Asia after Iran's missile attack impact routes to Europe and North America Deepak Patel New Delhi Listen to This Article Indian carriers are grappling with severe operational disruptions after Iran launched missile strikes on the US military base in Qatar late Monday, prompting airspace closures for several hours across parts of West Asia. Iran, Qatar, the UAE, Bahrain and Kuwait shut down their skies in the hours following the attack, forcing airlines to cancel, divert or delay flights through these vital transit corridors. By Tuesday morning, most Gulf countries—including Qatar, Bahrain, Kuwait and the UAE—had reopened their airspace following reports of a de-escalation and a ceasefire. However, Iran's airspace remained closed, continuing to disrupt flight paths for carriers connecting India
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Business Standard
6 days ago
- General
- Business Standard
From Kozhikode to Ahmedabad crash: Safety lessons caught in air pocket
The AI171 crash brings into focus the aviation reforms that two major accidents in the past promised to roll out Deepak Patel New Delhi Listen to This Article One of the key recommendations following the Kozhikode air crash in August 2020 — in which an Air India Express aircraft from Dubai overshot the runway during landing in heavy rain, killing 21 people — was for India to develop its own laboratory to analyse flight data and cockpit voice recorders, commonly known as black boxes. That facility, set up under the Aircraft Accident Investigation Bureau (AAIB), was inaugurated this April, close to five years after the Kozhikode crash. And, its effectiveness is already under scrutiny. After the recent crash of Air India flight AI171 in Ahmedabad on June 12
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Business Standard
20-06-2025
- Automotive
- Business Standard
Rare earth-free EV motor 3 years away, says Montra MD Jalaj Gupta
India's automobile industry is currently facing a rare earth magnet shortage after China -- which supplies over 80 per cent of India's magnet imports -- imposed stricter export controls in April 2025 Deepak Patel New Delhi Listen to This Article The rare earth magnet shortage is a concern for everyone in the automobile industry and the issue should get resolved soon, said Jalaj Gupta, managing director of TI Clean Mobility, which goes by the brand name Montra Electric and is part of the ₹80,000 crore Murugappa group. 'Can you do an electric vehicle's motor without these rare earth magnets? The answer is yes. How long will it take (to develop such a motor)? It will take a minimum 2–3 years,' Gupta told Business Standard on the sidelines of the launch of the firm's three-wheeler, Super Cargo, in Delhi.
