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Showing posts from February, 2019

ARAI Publicizes 16th edition of Symposium on International Automotive Technology

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SIAT will be hosted in association with SAE International, SAE INDIA and NATRiP, ARAI speak in a statement. New Delhi: Automotive Research Association of India ( ARAI )   will organize 16th edition of Symposium on International Automotive Technology ( SIAT ) will be hosted at from January 16 to 18, 2019 in Pune.  SIAT will be hosted in association with  SAE International , SAE INDIA and NATRiP, ARAI said in a statement. The focus will be on current advances in different automotive regions, such as safety, emissions, engines, noise, electric mobility, electronics, intelligent transportation,  vehicle dynamics , materials,  alternate fuels  and simulation & modelling.  There will also be demonstration of light-weight bus designed by ARAI along vehicles with advanced technologies developed indigenously by ARAI on  autonomous  vehicles, battery technology, and intelligent vehicles. It will also bring to fore innovative idea...

Rupee moves corner, likely to remain constant this session

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The local unit plunged to record low at 74.48 a dollar on October 11 last sessions. A relatively constant exchange rate welcome the New Year eradicating memories of wild swings last session. A constant currency is key to woo overseas investors, who choose not to cover exchange rate risk enhancing investment returns. The one-month  Bloomberg Implied Volatility Index  plunged 125 basis points to 8.28 per cent in the past four weeks to the New Year suggesting the local unit is likely to be constant this year. A basis point is one hundredth of a percentage point. While this will help lustrous the charm of domestic securities to overseas investors, companies can breathe also easy on their US exposure. “In the New Year, overseas investors too would begin with new deployments amid receding signs of fears on emerging markets including India and Indonesia. Indian companies are unlikely to rush for currency covers, saving cost on imports.” www.zenithfilters.com “...