Microsoft appoints Puneet Chandok to lead India operations
Puneet’s appointment comes at a time of continued market expansion for Microsoft as a leader in cloud technology and digital innovation.
Puneet’s appointment comes at a time of continued market expansion for Microsoft as a leader in cloud technology and digital innovation.
Anshul Gupta, Senior Director Analyst, Gartner details action plans for CIOs to beat recession by managing spends, retaining talent and accelerating digitization.
The batteries are expected to be used for various applications ranging from power tools and micro-mobility to electric vehicles (EVs), it said.
Sensing a global opportunity in the electric vehicles (EV) segment, Indian automotive ancillaries are shifting gears in sync with the trend, said a top official of Automotive Component Manufacturers Association of India (ACMA).
"Battery technology and capacity are front and center, and automotive and battery OEMs are investing heavily in battery technology research and production volume capacity to ensure adequate supplies. OEMs have announced an estimated USD515 billion in investments in EV-related technologies and manufacturing plant upgrades over the next 5 to 10 years," ABI Research said in its whitepaper on 'The Electrification Wave and its impact on the automotive supply chain'.
The DX priorities that will see the largest investment in 2022 include back office support and infrastructure, smart manufacturing, and digital supply chain optimisation.
Last year 136 countries agreed the first major overhaul in a generation of the rules for taxing multinationals, with measures to be introduced including a minimum tax rate of 15%, intended to discourage companies from booking profits in low tax countries.
Once the new generation cars come in, the company will make a representation to the government to rationalise the tax structure on these vehicles to emcourage adoption. "At present, the only hybrids we make are pretty large luxury cars. I think it is pretty difficult to make case for them, very frankly. As the newer generation cars come in, the mass market, at that point of time we would certainly try to make a representation", Kirloskar informed. Currently, India levies 28% GST on small hybrids (sub 4m) and 43% on larger vehicles running on the technology.
"We believe that these 6 big bets -- Electric Autonomous Connected Vehicles (EACV), 5G, Digital Products and AI, Digital Manufacturing, Med Tech and Sustainability -- will shape the industry of tomorrow, help us to scale and enable our engineers to stay ahead of the curve."
The latest survey conducted by PWC with 60 CEOs from India reveals that 88 percent of CEOs in India are confident about global economic growth improving over the next 12 months. Also, 70% of CEOs are also confident about growth revenue this year.
According to Forrester’s Asia Pacific 2021 Predictions, firms will accelerate investments in new technologies and platforms to enable their workforce and provide differentiated experiences.