Tata Motors launches electric,hybrid buses priced up to Rs 2cr

January 25, 2017

Pune, Jan 25: Witn an aim to push green technology in mass public transportation vehicles in India, Tata Motors today launched a fully electric bus and a hybrid one, with indicative prices ranging between Rs 1.6 crore and Rs 2 crore. The company, which is leader in the commercial vehicles space in the country with a market share of around 45 per cent, also showcased its LNG powered bus.

electricbus

Besides, it also unveiled a bus with fuel cell technology and electric versions of its light commercial vehicles SuperAce, Magic and Magic Iris. "At Tata Motors our aim is to not only comply with emerging regulations of clean and green emissions but also be ahead of the requirements," Tata Motors Commercial Vehicles Executive Director Ravindra Pisharody told reporters here. The biggest opportunity for such buses are in metros for public transportation, he added.

The company has already received order for 25 units of Starbus Hybrid buses from MMRDA Mumbai and deliveries would commence in first quarter of 2017-18. It aims to start deliveries of fully electric buses in next quarter after getting clarity on subsidies for the segment, Pisharody said. "We have been consistently developing and manufacturing products that can contribute to CO2 reductions across all road transport segments and with early investments in new technologies, we are geared up to further strengthen our market leadership," Pisharody said.

The company plans to play an active role in mass public transportation with the new range of future ready buses, he added. The home grown auto major also displayed an articulated bus. When asked about the export plans, Pisharody said the company is ready if orders come in from overseas markets. Commenting on market share in bus segment in domestic market, he said: "Traditionally we had a market share of 30-35 per cent but due to large orders received it would jump to over 45 per cent at the end of this fiscal."

Tata Motors currently designs, develops and manufactures buses in Pune, Dharwad, Pantnagar and Lucknow. It also has a joint venture with Marcopolo of Brazil for fully built bus solutions. It also has an partnership with ACGL of Goa for bus bodies.

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Agencies
February 29,2020

Ahmedabad, Feb 29: The presence of two feral pigeons onboard a GoAir flight at the airport in Ahmedabad in Gujarat created a flutter among the amused passengers, even though the avian surprise did not lead to any untoward incident or delay in the flight.

The incident took place on Friday when the passengers were boarding the Ahmedabad-Jaipur flight.

"Two pigeons had found their way inside the flight G8 702 while the passengers were boarding," an airline statement said on Saturday.

"The crew immediately shooed away the birds. The flight took off at its scheduled time at 5 p.m.," it added.

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Agencies
June 12,2020

Mumbai, Jun 12: Following an overwhelming response for the mega rights issue of Mukesh Ambani-owned Reliance Industries, the partly paid-up rights shares are set to debut on stock exchanges on June 15.

The biggest ever Rs 53,124 crore rights issue was subscribed 1.59 times and received bids worth Rs 84,000 crore on June 3.

Reliance said the rights issue saw a huge investor interest, including from lakhs of small investors and thousands of institutional investors, both Indian and foreign.

In 2019, Ambani said in the Reliance's annual general meeting that the company will be net zero debt by March 2021. The company is on course to achieve its target ahead of the deadline.

"In spite of the COVID-19 crisis and the lockdowns, the due-diligence by Saudi Aramco for the planned investment in the O2C business is on track as both the parties are committed and actively engaged," he said recently.

"With a strong visibility to these equity infusions, Reliance is set to achieve net zero debt status ahead of its own aggressive timeline. We believe rights issue was a part of the company's strategy of deleveraging its balance sheet," said Ambani. 

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Agencies
July 18,2020

New Delhi, Jul 18: India's national cybersecurity agency CERT-in, has warned people of credit card skimming spreading across the world through e-commerce platforms.

Attackers are typically targeting e-commerce sites because of their wide presence, popularity and the environment LAMP (Linux, Apache, MySQL, and PHP), the Computer Emergency Response Team (CERT-In) said in a notice on Thursday.

Recently, attackers targeted sites which were hosted on Microsoft's IIS server running with the ASP.NET web application framework, it said.

Some of the sites affected by the attack were found to be running ASP.NET version 4.0.30319, which is no longer officially supported by Microsoft and may contain multiple vulnerabilities, CERT-In said.

The notice also included a list of best practices for website developers including the use of the latest version of ASP.NET web framework, IIS web server and database server.

The advisory is based on research by Malwarebytes which found that this skimming campaign likely began sometime in April this year.

Credit card skimming has become a popular activity for cybercriminals over the past few years, and the increase in online shopping during the pandemic means additional business for them, too, Malwarebytes said in a blog post, adding that attackers do not need to limit themselves to the most popular e-commerce platforms.

Researchers from global cybersecurity and anti-virus brand Kaspersky had warned in December last year that more cybercriminal groups will target online payment processing systems in 2020. 

It said that over the past couple of years, so-called JS-skimming (the method of stealing of payment card data from online stores), has gained immense popularity among attackers. 

Kaspersky researchers in their report said they are currently aware of at least 10 different actors involved in these type of attacks.

Their number will continue to grow during the next year, the report said, adding that the most dangerous attacks will be on companies that provide services such as e-commerce as-a-service, which will lead to the compromise of thousands of companies.

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