onsemi and Ride Vision Collaborate to Offer Advanced Safety Solutions for Motorcyclists streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Minda Corporation added 1.89% to Rs 102.55 after the company signed a strategic partnership with Israel based company for first unique collision avoidance technology for two-wheelers in India.
In a regulatory filing made during market hours today, Minda Corporation announced its partnership with Israel-based Ride Vision, a leading ADAS (rider assistance systems) solutions company, to bring its range of artificial intelligence-enabled collision avoidance technology products for the Indian two-wheeler market for making the Indian road more safer.
Roads in India are known to be very busy with numerous vehicle types, unique road behavior and challenging maneuverability and Ride Vision s collision avoidance technology has been uniquely built to address these challenges, specifically for two and three wheelers.
Spark Minda partners with Ride Vision for Advanced Driver Assistance Safety Technology for 2 Wheeler equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
The key equity indices came off the day s high in mid-afternoon trade. At 14:23 IST, the barometer index, the S&P BSE Sensex, was up 294.65 points or 0.59% to 49,956.41. The Nifty 50 index rallied 118.40 points or 0.80% at 14,937.45. Pharma shares extended their wining streak for third day.
The broader market rallied. The S&P BSE Mid-Cap index rose 0.91%. The S&P BSE Small-Cap index added 1.05%.
Buyers outnumbered sellers. On the BSE, 1897 shares rose and 949 shares fell. A total of 162 shares were unchanged.
Investors risk appetite improved after the minutes of last month s meeting of the U.S. Federal Reserve suggested that Fed officials were united on the need to see more progress on economic recovery before scaling back their bond-buying program.