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Cut government stake in banks below 50%: ASSOCHAM

  • 19-Feb-2018

The Punjab National Bank's fraudulent transactions worth INR 11,300 crore should act as a strong trigger for the government for reducing its stake to less than 50% in the banks which should then be allowed to work on the lines of private sector lenders with a full sense of accountability to their shareholders protecting interest of depositors, ASSOCHAM has said.... Read More

New tools added in Startup India ranking framework by the government

  • 19-Feb-2018

Three new tools for states and union territories for ranking of startups in the country was launched in the first week of February by Union Minister of Commerce and Industry at a function in New Delhi.... Read More

GST had a positive impact on the businesses' logistics, observed FICCI

  • 19-Feb-2018

FICCI conducted a survey of enterprises post the implementation of GST in the months of November 2017 to January 2018 to have a reality check of various issues being faced by the industry with the transition to GST regime. Both MSME and large corporates have participated in the survey and shared their first-hand experiences with GST implementation in the first six months since its implementation.... Read More

Mobiliya joins QuEST Global on a hi-tech journey

  • 16-Feb-2018

QuEST Global Services (QuEST), a global leader in providing premium engineering solutions, has announced the acquisition of Mobiliya Technologies based out of Pune, India. The acquisition will strengthen QuEST Global’s capability in industrial and hi-tech verticals and add new service offerings including artificial intelligence and augmented reality.... Read More

KSB Pumps bags the largest order worth INR 4130 Mio to supply primary coolant pumps to NPCIL

  • 16-Feb-2018

With the Indian Government’s ambitious growth plans in the energy sector, and the aim to raise contribution in indigenous manufacturing under 'Make in India' initiative, M/s Nuclear Power Corporation of India (NPCIL) awarded an order worth INR 4130 Mio to KSB Pumps Limited for supply of 8 nos. primary coolant pumps - RSR 400/2 with related accessories.... Read More

Renishaw strengthens international business ties with India

  • 16-Feb-2018

At the twelfth annual meeting of the UK-India Joint Economic and Trade Committee (JETCO), Rhydian Pountney, Managing Director of Renishaw UK Sales Limited, chaired the Technological Collaboration, Advanced Manufacturing, and Engineering Working Group.... Read More

AkzoNobel India inaugurated powder coatings facility in Mumbai

  • 16-Feb-2018

AkzoNobel, a leading global paints and coatings company, reinforced its commitment to the Indian market with the inauguration of its powder coatings facility, with an investment of INR 650 million. Located in Thane, Mumbai, this is AkzoNobel’s sixth facility in India.... Read More

India should export power to neighbouring countries: R K Singh

  • 15-Feb-2018

In order to explore export opportunities in the region neighbouring regiones, Power Ministry plans to send teams to assess power demand in neighbouring countries.... Read More

Indian Railways to train 30 thousand apprentices

  • 15-Feb-2018

Ministry of Railways is targeting to train 30 thousand apprentices in its 16 zonal units and 7 production units. As part of Skill India initiative, Ministry of Railways has been contributing in a big way to provide training to apprentices in various disciplines training in categories like fitter, turner, machinist, welder, painter, carpenter, electrician, refrigerator and ac mechanic, mechanic (motor vehicle/diesel) etc.... Read More

Eastman Auto launches grid tie solar PV inverter

  • 15-Feb-2018

Eastman Auto and Power Limited (EAPL), a manufacturer of energy storage and solar solutions provider, has launched one of the most advanced grid tie solar PV inverters in the Indian market.... Read More

Pneumatics specialists Aventics to offer custom valve system solution

  • 15-Feb-2018

Aventics, one of the world’s leading manufacturers of pneumatic components, systems, and customer-specific applications, has once again refined its Advanced Valves (AV) - offering customers a modern, custom valve system solution.... Read More

EtherCAT – The measurement technology bus

  • 01-Feb-2018

As the inventor of EtherCAT, Beckhoff still plays a leading role in the ongoing development of this pioneering industry-standard technology and continues to develop innovative new products for EtherCAT, in particular the modular EtherCAT Terminal I/O system.... Read More

Sanjiv Krishen aims high growth trajectory for IRIS Computers

  • 01-Feb-2018

With the reins of Iris Computers back with its founder Sanjiv Krishen, the dynamic IT distribution company is now set on a high growth trajectory. Dragon Singapore, a John Sculley company, had acquired controlling stake in Iris Computers through InflexionPoint.... Read More

Easy connect with IO-Link modules

  • 01-Feb-2018

AAs part of its global focus on factory automation, Parker Hannifin has added smart connectivity of its pneumatic valve islands to machine controllers by introducing new IO-Link modules that can be quickly integrated with existing Parker valve ranges.... Read More

New guide trough system for plastic energy chains

  • 01-Feb-2018

With the guidelite plus, igus offers a tough, modular trough for applications in electroplating or fertilizer production, which are also light and resistant to chemicals.... Read More