TVS Motor gets patent for charging system for EVs Posted on 29th March 2018 |
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| In a boost to its push for future technology products, the country’s patent office has granted a patent to Chennai-based two-wheeler major TVS Motor for its invention related to a charging system for electric vehicles (EVs). The Chennai patent office granted the patent on Tuesday, for a charging system which the company claims was more of a safety mechanism to prevent the vehicle from being started while plugged-in for charging. The securing of the patent by TVS Motor comes at a time when the auto industry is putting its heart and soul into making the transformation to electric mobility a seamless exercise. According to a patent document filed by TVS Motor, the invention provides a charging system which consists of an energy storing device fixed on the vehicle, an electric motor for driving the vehicle and a switching device for connecting the energy storing device to the electric motor. Elaborating on the ‘simplicity’ of the device, the company said in the document that a charger for recharging the energy storing device was provided with the plug having two terminals that are interconnected. The ‘system’ will have an electric circuit that detects the mating of the charging plug with the socket on the vehicle and suitably controls the switching device to prevent starting of the vehicle while charger is plugged. The company submitted that thus, the vehicle cannot be started if the charging plug was connected to the socket. TVS Motor claimed that the charging system was a fully secured charging platform made available at low cost since minimum number of components that are available at lower cost, had been used. The company argued that there was a requirement for a low cost, compact and reliable electric vehicle charging system with a safety mechanism to prevent starting of the vehicle while plugged into the power supply outlet for charging. Such a system will reduce complexity and cost considerably, it said. It had unveiled its electric scooter concept TVS Creon during the recently concluded Auto Expo 2018 in New Delhi. The company has partnered with technology giant Intel to develop a host of smart connected features for its two-wheelers. |
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Bharti Airtel defers Q2 results till Nov 14 over ambiguity on AGR verdict Posted on 29th October 2019 |
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Bharti Airtel said on Tuesday it has postponed its second-quarter earnings report to mid-November, as the wireless operator sought clarity on the court ruling asking telecom firms to cough up overdue payments to the government.
Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade. |
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Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices Posted on 7th October 2019 |
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The rupee on Monday opened eight paise lower at 70.96 against the US dollar amid drop in crude oil prices and rise in Asian equities. The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point. On a weekly basis, the local unit slumped by 32 paise. |
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LIC pips private insurers in first-year premium growth during April-August Posted on 13th September 2019 |
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In the first five months of the current financial year, first-year premiums of life insurance companies grew by 39.84% (year-on-year) at Rs 1.05 lakh crore as compared to Rs 75,588.35 crore in April-August of 2018-19. Life Insurance Corporation of India (LIC) continued to grow at a faster pace compared to private insurance players, shows the data from the Insurance Regulatory and Development Authority of India (Irdai). |
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Apollo Hospitals rules out further stake sale Posted on 13th September 2019 |
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Apollo Hospitals Enterprise (AHEL) has ruled out further dilution of promoters’ stake in the company. The company also said its Rs 1,337-crore stake sale of Apollo Munich Health Insurance with mortgage major HDFC will be concluded by October. Following these stake sales, the promoters’ pledged position will come down from a high of 76% to 54% by October and eventually to 20% by November or December, company sources said here. |
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World trusts India on Kashmir, not us: Pakistan minister Ijaz Ahmed Shah Posted on 13th September 2019 |
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In a major embarrassment for Pakistan and its Prime Minister Imran Khan, the country's Interior Minister Ijaz Ahmed Shah, a retired brigadier, said the international community didn't believe Pakistan's narrative on Kashmir; instead it is India whose version is trusted. |
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