Latest news with #MohdNasir
New Straits Times
2 days ago
- Business
- New Straits Times
Prasarana names new chairman, acting CEO in leadership reshuffle
KUALA LUMPUR: Prasarana Malaysia Bhd has named Tan Sri Mohd Nasir Ahmad as its new group chairman and Amir Hamdan as acting president and group chief executive officer (CEO), effective Aug 1 and July 15, respectively. Mohd Nasir, who previously led Perbadanan Usahawan Nasional Bhd (PUNB) and has chaired CIMB Group Holdings Bhd since 2018, replaces Tan Sri Jamaludin Ibrahim, whose term ended on April 30. Amir, currently group chief operating officer (operations), will succeed Mohd Azharuddin Mat Sah, who leaves the company on July 14. His appointment reflects Prasarana's focus on leadership continuity and operational stability, it said in a statement. Since joining Prasarana in 2019 as deputy chief financial officer, Amir has held several key roles, including CEO of Rapid Rail Sdn Bhd. He is credited with driving operational improvements and service reliability across the group's rail network. Amir holds a Bachelor's degree in commerce from Lincoln University, New Zealand, and a Master's in Islamic financial practice from INCEIF University. He is also a certified member of the Association of Chartered Certified Accountants. Prasarana said the combined experience of Mohd Nasir and Amir will support the government's target of achieving 40 per cent public transport usage by 2030. Prasarana operates urban rail, bus and on-demand public transport services in the Klang Valley, Penang and Kuantan. The company logged a record 1.5 million daily passengers on Dec 31, 2024, a reduction in rail service disruptions from 255 in 2022 to 71 in 2024, and the rollout of the Rapid on-demand van service.
Hindustan Times
7 days ago
- Automotive
- Hindustan Times
Toyota and Ohmium partner to co-develop green hydrogen power solutions in India
Under the project, Toyota Kirloskar Motor and Ohmium will design and evaluate the performance of hydrogen-driven microgrid prototypes suitable for real-world use (Mohd Nasir for HT Auto) Notify me In a major step toward decarbonization and energy independence, Toyota Kirloskar Motor (TKM) has entered a strategic partnership with Ohmium International, a Bengaluru-based specialist in PEM (Proton Exchange Membrane) hydrogen technology. The two companies signed a Memorandum of Understanding (MoU) to co-develop integrated green hydrogen power solutions tailored for the Indian context. The project demonstrates Toyota's growing emphasis on developing clean energy technologies and supporting India's vision of a hydrogen and carbon-free future. The MoU was also positively received by important government officials in India. Union Minister Nitin Gadkari endorsed the initiative, describing hydrogen as a clean and renewable source of energy that is viewed as fuel of the future. Also Read : Toyota unveils portable hydrogen energy cartridge. Can this be a game-changer? It is a key to building a self-reliant and carbon-neutral India. 'I commend Toyota and Ohmium for making strong efforts with cleaner energy options through advanced hydrogen-led capabilities," he added. Shripad Yesso Naik, Minister of State, Ministry of New and Renewable Energy, said, 'Strategic collaborations such as this, between Toyota Kirloskar Motor and Ohmium, have the potential to significantly accelerate the progress towards a hydrogen-powered green energy future." Toyota's expanded vision: Fuel cell technology beyond cars Toyota, known globally for pioneering fuel cell electric vehicles (FCEVs), is now leveraging its expertise in fuel cell modules to support India's stationary energy needs. Under the MoU, TKM will supply advanced fuel cell modules, offer system integration, and provide technical consultation. Ohmium, a leader in PEM hydrogen electrolyzer technology, will design and evaluate the performance of hydrogen-driven microgrid prototypes suitable for real-world use. Manasi Tata, Vice Chairperson, Toyota Kirloskar Motor, stated that through this collaboration with an innovative PEM technology player like Ohmium, the company is not only advancing hydrogen applications but also reinforcing its support for the country's 'Make in India' initiative. Toyota and Ohmium are both motivated by working toward practical, scalable and sustainable hydrogen energy solutions that are tailored to India's energy needs – in transportation and myriad pastures (Mohd Nasir for HT Auto) In 2022, TKM was introduced to the green hydrogen sector in India with the launch of the Toyota Mirai with iCAT. This was a pilot project to create public awareness and establish knowledge on hydrogen technology in the mobility sector. In 2023, TKM collaborated with Ashok Leyland to develop fuel cell modules for trial hydrogen fuel cell commercial vehicles. This alliance is yet another development in Toyota's people developed program to aid India's decarbonisation objectives via its multi-pathway approach which favours hybrid electrification and ethanol-blend technologies. In August 2023, TKM was also able to showcase the world's first BS 6 (Stage II) Electrified Flex Fuel Vehicle concept on the Innova Hycross platform with a varied clean energy policy Toyota and Ohmium are both motivated by working toward practical, scalable and sustainable hydrogen energy solutions that are tailored to India's energy needs – in transportation and myriad pastures. Also Read : Hydrogen fuel of future, vehicles to run on green fuel in coming years: Gadkari Aligning with national hydrogen goals India has ambitious energy targets: energy self-reliance by 2047 and net-zero by 2070. India wants to establish a strong hydrogen economy, based on domestic R&D and commercial partners, under the National Green Hydrogen Mission launched in 2023. TKM and Ohmium's partnership clearly exemplifies this national vision. The partnership, using microgrid based solutions, is addressing the country's acute energy shortages in remote and industrial areas while avoiding fossil fuel-based energy. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: 26 Jun 2025, 09:29 AM IST
Hindustan Times
24-06-2025
- Automotive
- Hindustan Times
Auto recap, June 23: Tata Harrier EV price list, Audi Q7 Signature Edition, Mercedes-Benz EV strategy & more…
Here is your quick check on the biggest developments in the world of automobiles. (Mohd Nasir for HT Auto) Notify me The automotive sector is undergoing swift transformations, making it challenging to keep up with all the recent developments. At HT Auto, we are committed to providing the most pertinent and up-to-date information as it emerges. Presented below is a brief summary of the main highlights from Monday, June 23. Tata Harrier EV RWD full price list out, top variant priced at ₹ 27.49 lakh The price list of the Tata Harrier EV rear-wheel-drive (RWD) models has been announced. While the new flagship electric SUV from Tata Motors starts at ₹ 21.49 lakh, it tops out at ₹ 27.49 lakh for the RWD variants. All the prices are ex-showroom. The Harrier EV was launched on June 3, 2025, and the bookings for the vehicle will commence from July 2. The Harrier EV is available across five trim levels for the RWD powertrain option - Adventure 65, Adventure S 65, Fearless+ 65, Fearless+ 75 and Empowered 75. Also Read : Tata Harrier EV RWD full price list out, top variant priced at ₹ 27.49 lakh Audi Q7 Signature Edition launched in India at ₹ 99.81 lakh The Audi Q7 Signature Edition has been launched in India with a starting price of ₹ 99.81 lakh, ex-showroom. Earlier in the month, Audi India had also launched the Audi A4 Signature Edition. The company stated that only a limited number of units of the Audi Q7 Signature Edition will be offered. Also Read : Audi Q7 Signature Edition launched in India at ₹ 99.81 lakh. Check details Mercedes-Benz rethinks EV plans, will retain combustion engines due to slower adoption In a major strategic pivot, Mercedes-Benz has become the latest in a long list of traditional automakers reassessing their lofty electric vehicle (EV) goals. "We will keep building combustion engines well into the 2030s, longer than originally envisaged," confirmed company CEO Ola Kallenius recently, as global EV uptake lagged behind expectations. Also Read : Mercedes-Benz rethinks EV plans, will retain combustion engines due to slower adoption CNG poised for significant growth as India focuses on EV transition Compressed Natural Gas (CNG) has been finding an increasing number of takers in the Indian passenger vehicle market as a key alternate fuel solution. While the focus of the industry players, as well as government and policymakers, remains on electric mobility, the adoption of CNG as a cleaner fuel has also been thriving over the last few years. Now, multiple studies have projected that the growth of CNG as an auto fuel could continue in India. Also Read : CNG poised for significant growth as India focuses on EV transition Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: 24 Jun 2025, 06:58 AM IST
The Star
18-06-2025
- Business
- The Star
Sweet taste without the extra tax
Always in demand: Harumanis mangoes at an orchard in Perlis. KANGAR: Although the Harumanis mango season has just ended, growers in Perlis are expecting a rise in demand as imported fruits will be hit by the expanded Sales and Service Tax (SST) from July. Farmer Mohd Nasir Salim, 34, who grows 90 Harumanis trees in Bukit Bintang, said with imported fruits set to cost more from next month, the public should support local produce. 'If consumers don't want to feel the pinch from buying imported fruits that cost more, check out the local Harumanis. 'They are still a premium choice and locals should go for the mangoes planted in Perlis,' he said recently. Mohd Nasir noted that the 2024 harvest was significantly impacted by weather conditions but demand remained strong. 'The harvest this year dropped by about 50% due to poor weather such as rainy days, but demand kept coming in,' he said. Mohd Nasir, who began his orchard in 2013, said his wholesale price to retailers stands at RM30 per kg, although some retailers mark up the price to about RM45 per kg. 'The price has since been stable over the years,' he added. Starting July 1, a 5% sales tax will be imposed on imported fruits under the expanded SST. Locally-grown fruits, including Harumanis, will remain exempt. Renowned for its intense sweetness, signature aroma and unique taste, the Harumanis, which is exclusively grown in Perlis, is often dubbed the 'King of Mangoes' in Malaysia. Retail prices for the fruit range from RM25 to RM45 per kg with premium-grade varieties fetching up to RM120 per kg. Another grower, Mohd Azdha Jusoh, 43, who runs an orchard with over 800 trees in Kampung Belukar, said demand for Harumanis extends far beyond Perlis. 'Despite being planted only in Perlis, the Harumanis mango is in demand in all states. 'With over 800 trees in my orchard, the fruits are supplied to every state during the season. 'Enquiries are still pouring in despite the end of the season,' he said. Mohd Azdha said his fruits are priced at RM120 for a 3kg box, making it a more affordable premium fruit. 'They are more affordable than durian, the King of Fruits, and a better option than imported fruits. 'If the weather remains dry during the flowering season early next year, we should have a bumper harvest,' he said. However, Mohd Azdha said that although the Harumanis mango has a short fruiting season, its cultivation requires year-round care and preparation to ensure high-quality yields. 'We need to prune the tree, replenish the soil and conduct pest and disease control from June to August, followed by fertilisation and weed control to improve soil condition from September to November. 'When it starts flowering in December, we need to create controlled dry conditions, known as dry stress induction, and monitor the flower buds. 'Once the fruits start growing, they need to be bagged to prevent pest attacks and blemishes,' he added.
New Straits Times
17-06-2025
- Business
- New Straits Times
Syed Zaid to steer CIMB's Forward30 growth strategy
KUALA LUMPUR: CIMB Group Holdings Bhd says it looks forward to the leadership of Datuk Syed Zaid Albar as it embarks on its Forward30 strategic plan, which charts the banking group's direction over the next six years. Group chief executive officer Novan Amirudin said Syed Zaid's appointment comes at a pivotal moment for CIMB, as it aims to cement its position as a top-of-mind Asean bank. "Our Forward30 strategic plan anchors CIMB's purpose of advancing customers and society. Our goal is to be the top-of-mind Asean bank, reimagining banking by embedding ourselves into our customers' lives and keeping our customers at the heart of everything we do," he said in a statement. The Forward30 strategy focuses on four growth levers to boost performance by 2030. They include optimising capital, lowering funding costs through a stronger deposit base, driving cross-selling via a "one-bank" model, and enhancing capabilities. CIMB announced Syed Zaid's appointment as group chairman effective July 20, 2025. The former head of the Securities Commission Malaysia will succeed outgoing chairman Tan Sri Mohd Nasir Ahmad, who retires from the board on July 19 after serving since 2015, including as chairman since 2018. Novan also paid tribute to Mohd Nasir, expressing the board's deepest appreciation for his decade of service. "His contributions have been instrumental in shaping CIMB's progress to be a leading focused Asean bank." Under Mohd Nasir's leadership, CIMB has grown into one of Asean's largest financial institutions, with total assets of RM755.1 billion as of December 31, 2024, and a market capitalisation of RM75.2 billion as of March 31, 2025.
