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fame: Probe underway against government officials in FAME subsidy misappropriation case

Under the FAME scheme, companies were to make electric vehicles (EVs) in India and get subsidised by the centre. But multiple players ended up using imported components in their vehicles and getting financial supports for the same. This was followed by the government sending recovery notices of Rs 450 crore to seven companies electric two-wheeler (e2w) companies for violating local sourcing norms required to be met under FAME India to claim incentives. These companies were also barred from submitting future claims under the scheme. ....

Business News , Breaking News Events , Latest News Updates , Economic Times , Economic Times News App , Daily Market Updates , Live Business , Ministry Of Heavy Industries , Kamran Rizvi , International Centre For Automotive Technology , Heavy Industries Ministry ,

ioc: IOC starts producing 'reference' petrol, diesel for testing automobiles

Indian Oil Corporation (IOC) has begun producing specialised reference petrol and diesel in India for the first time. These fuels, which have higher specifications, are used for calibrating and testing automobiles by manufacturers and testing agencies. Previously, India relied on imports for these fuels, but now IOC has developed indigenous products to replace them, ensuring a reliable supply at a lower cost. The fuel, which has higher specifications than regular or premium petrol and diesel, will be unveiled at an upcoming event featuring Oil Minister Hardeep Singh Puri. ....

India General , Hardeep Singh Puri , Hindustan Petroleum Corporation Ltd , Automotive Research Association Of India , International Centre For Automotive Technology , Bharat Petroleum Corporation , Indian Oil Corporation , International Centre , Automotive Technology , Automotive Research Association , Oil Minister Hardeep Singh ,

Vicat : Underpinned by a support level

The medium term support area around 25.95 EUR should allow Vicat shares to re-establish an upward trend in the short term. | May 17, 2023 ....

Vicat Stock Exchange , Press Release , Hort Vct Fr0000031775 ,

Vicat : 2022 universal registration document release

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Vicat




Vicat 2022 universal registration document release




Finance
. | April 5, 2023 ....

Des March , Vicat Stock Exchange , Press Release , Ocument Vct Fr0000031775 ,