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batteries. Toys sold in slimmed-down boxes or no packaging at all. More household goods that shoppers need to assemble themselves. These are some of the ways consumer product companies are retooling their wares to reduce costs and avoid raising prices as President Donald Trump levies new import taxes on key trading partners as well as some materials used by American manufacturers. The economic environment in which the president has imposed, threatened and occasionally postponed repeated rounds of tariffs is more precarious than during his first term. U.S. consumers are feeling tapped out after several years of inflation. Businesses say tariffs add to their expenses and eat into their profits, but they are wary of losing sales if they try to pass all of the increase on to customers. Instead, some companies are exploring cost-cutting options, both ones that consumers likely would notice in time — remember “shrinkflation?” — and ones that exist too far down the supply chain for them to see. The changes may help minimize price increases yet won't be enough in every case to offset them completely.

Tata Toyo Radiator, a joint venture among Tata AutoComp Systems and Japanese companies T RAD Co and Mitsubishi, has leased more than 250,000 sq ft of warehousing space in Pune’s Khed locality for 10 years. The company will be initially paying rent and tenant improvement cost of Rs 90 lakh per month — Rs 67 lakh in rent and Rs 23 lakh of tenant improvement cost. The agreement includes a clause to escalate the rent by 12% after the completion of 2.5 years and 12% every three years thereafter. It has a lock-in period of 5.5 years for the tenant.

Beetel Teletech on Tuesday said it has signed a deal with Alcatel-Lucent Enterprise to distribute the French company's product portfolio, including its networking and communications solutions such as network switches, wireless access points and routers. «By combining Alcatel-Lucent Enterprise's world-class product portfolio with our deep understanding of the Indian market, we are well-equipped to deliver unmatched value to enterprises across various critical sectors,» said Sanjeev Chhabra, managing director at Beetel, said in a joint statement.

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Northeast Frontier Railway (NFR) is developing an artificial intelligence-based device that would be able to read the blinking eyes of drivers and alert them or stop the train in case they are feeling sleepy, according to sources. In June, the Railway Board had asked the NFR to develop a device that could detect the alertness of train drivers on the basis of blinking of eyes. The device — Railway Driver Assistance System (RDAS) — will not only sound an alert but also apply emergency brakes in case a driver loses alertness for a certain period of time.

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