Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Stock Report

| More

Spark Minda partners with Ride Vision for Advanced Driver Assistance Safety Technology for 2 Wheeler

Posted On: 2021-04-07 22:47:39 (Time Zone: Arizona, USA)


Minda Corporation Limited, the flagship company of Spark Minda, today 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 (CAT™) 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 (CAT™) has been uniquely built to address these challenges, specifically for two and three wheelers. Spark Minda's nation-wide reach and strong market share will make sure the product is successfully incorporated to the unique Indian market both as integrated into new motorbikes and in the aftermarket, to help fight the two-wheeler accident and fatality statistics.

Mr Ashok Minda, Chairman and GCEO, Minda Corporation, said, "We are extremely happy to partner with Ride Vision to introduce technology that will make a difference to the life of 2-wheeler riders and will help in achieving the objective of zero road fatality set by the Union Minister of Road Transport and Highways by 2030. Spark Minda is committed to offer advanced products, technologies and solutions for increasing human safety. Going forward, we will focus on introducing new products, technologies and system solutions in Electronics, Light Weighting, Active Safety, Electric Mobility space organically and inorganically."

Mr Uri Lavi, CEO & Co-founder of Ride Vision, said, "We are excited to partner with Spark Minda, a leading Indian Tier-1 company. Motorbike riders in India will be safer on roads as through this partnership with Spark Minda, we will introduce the first localised Ride Vision's Collision Avoidance Product that fits the needs and budget of the Indian market".

The product offers multiple features including Forward Collision Alert, Distance Keeping Alert, Blind Spot Alert, Dangerous Overtake Alert, Auto Video Recording, etc which helps the rider to react in real-time to critical threats and avoid accident and injury while on the road.

Shares of Minda Corporation Ltd was last trading in BSE at Rs.100.65 as compared to the previous close of Rs. 101. The total number of shares traded during the day was 27500 in over 621 trades.

The stock hit an intraday high of Rs. 103.3 and intraday low of 100.1. The net turnover during the day was Rs. 2801083.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com


Other Headlines:

Jubilant Ingrevia Ltd appoints two directors to its board

Wockhardt Ltd board to consider raising funds through NCDs on April 21, 2021

Trident Ltd celebrating Mission Day with a special discount coupon to shareholders

S.P. Capital Financing Ltd approves selling of shares in Pride And Expert Properties Private Limited

IIFL Securities Limited to acquire Category II AIF from IIFL Wealth Management Ltd

HDFC Bank Limited to raise up to Rs. 50,000 crore

Indo Asian Finance Ltd to consider allotment of 60 lakh shares on April 20, 2021

KEC International Limited Resumption of WKTL Transmission Project

IIFL Wealth Management Ltd to sell AIF Category-II business to IIFL Management Services Ltd

International Travel House Ltd Q4FY21 loss at Rs. 6.70 crore

Gujarat Hotels Ltd Q4FY21 net profit slides YoY, QoQ

ICICI Lombard General Insurance Company Limited board recommends final dividend of Rs. 4

Gujarat Hotels Ltd board recommends dividend of Rs. 1.80 for FY21

ICICI Lombard General Insurance Company Ltd reports Rs. 345.68 crore PAT in Q4FY21

HDFC Bank Ltd's gross NPAs at 1.32%, reduces QoQ

HDB Financial Services Ltd's gross NPAs at 3.9% as of March 31, 2021

HDFC Securities Ltd reports PAT of Rs. 253.1 crore in Q4FY21

Career Point signed MOU with Ministry of Social Justice and Empowerment for tutorial services

HDFC Bank's balance sheet increases 14.1% YoY

Indiamart arm to acquire 22% in Truckhall Pvt Ltd

HDFC Bank Ltd Q4FY21 consolidated net profit slips QoQ to Rs. 8433.78 crore

CRISIL downgrades rating of PVR Ltd

Hatsun Agro Product Ltd board to consider FY21 results on April 27, 2021

Choice International Limited allots 34,49,989 Equity Shares on Conversion of Warrants

Adani Renewable Energy Holding Fifteen Ltd receives 159 MWac solar power project

Coforge Limited board approves issue of NCDs for Rs. 340 crore

Glenmark Life Sciences Ltd files DRHP with SEBI for IPO

KDDL Limited extends rights issue closure date to May 3, 2021

SG Shinagawa Refractories India Private Limited commences commercial operation

Prestige Estates Projects Limited acquires stake in companies having land bank in North Bangalore

ABB Power Products and Systems India Ltd board to announce Q1CY2021 results on May 5, 2021

GE Power India Limited signs SPA with GE Power Systems GmbH

Carborundum Universal Ltd board to approve final dividend and FY21 results on April 28, 2021

PNB Housing Finance Ltd board to consider FY21 results, dividend and NCD issue on April 27, 2021

ESAF Small Finance Bank raises Rs 162 Cr through preferential allotment

Everything Summer - Bahamas launches new Spring Summer collection 2021

MCX and Nihilent Technologies partners with Times OOH

44 meritorious students benefit from Vedanta's Utkarsh Scholarship awarded in presence of Goa CM

Robot-Assisted Cancer Surgery Unit Launched in Apollo Proton Cancer Centre

IndiGo is the leader in COVID vaccine distribution in the country over the last three months

Peter England launches 'The Antiviral* Linen Project' with new brand campaign 'Easy On You'

Den Networks Ltd Q4FY21 consolidated PAT drops QoQ to Rs. 36.98 crore

Isgec Heavy Engineering, United Conveyor Corporation sign agreement

Mindtree Ltd posts consolidated of Rs. 317.3 crore in Q4FY21

Government of Ghana to takeover ownership of AirtelTigo Joint Venture

ICRA retains ratings of Nahar Industrial Enterprises Ltd

NTPC to issue Non-Convertible Bonds

CRISIL retains rating of NGL Fine-Chem Ltd

GTPL Hathway's Consolidated FY21 PAT at ₹ 1,885 million, up by 145%

DCB Bank Limited receives RBI nod for reappointment of Mr. Murali M. Natrajan as MD & CEO


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020