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Indian Railways cancels tender for 100 Vande Bharat trains
Despite being the lowest bidder when the tender was opened on May 30, 2023, Alstom's bid did not meet the revised price expectations.Read more
BEML to expand Vande Bharat and metro trains; boost export revenue to 10%
The company is exploring potential markets in the Middle East, South America, and the ASEAN region.Read more
Bharat Forge Q1; Defence revenue up 147%, order book at Rs 54 billion
The profit was impacted by an exceptional loss of Rs 1.46 billion, including an impairment provision of Rs 1.45 billion related to its investment in Tork Motors Pvt. Ltd., where Bharat Forge holds a 64.29% stake.Read more
Intel achieves milestones with advancement of Intel 18A process node
Intel also disclosed that its first external foundry customer is expected to tape out on the 18A node in the first half of 2025, a crucial step for the company's expanding foundry business.Read more
Honeywell’s tech to be used for 100,000 tons aviation fuel production for Jiutai
Inner Mongolia Jiutai Group will use eFining to convert its methanol-to-olefins (MTO) facility into a SAF production plant.Read more
SIAM hosts 10th automotive logistics conclave on enhancing automotive logistics
The conclave explored the most recent advancements and strategies that are expected to influence the future of the automotive logistics sector in India.Read more
IIT-Madras Research Park unveils 1MW indigenous battery storage system
This marks the first stationary storage system installed in a building in India.Read more
Minda Corporation reports consolidated revenue of Rs 11.92 billion for Q1 24
During the quarter, the company signed a Joint Venture Agreement with HCMF for Automotive Sunroof Solutions and Closure Systems. Read more
Servotech gets 1.2 MW solar storage and grid order from UP SIRD and UPNEDA
The company will also be designing, manufacturing, supplying, erecting, testing and commissioning 20 kW and 40 kW grid-connected solar power systems, contributing to the state’s renewable energy goals. Read more
Sterlite Power wins Rs 15 billion worth orders in Q1 FY25
The new set of orders, won across the domestic and international market in Q1 FY25, builds on the total order book of over Rs 65.6 billion at the start of this financial year.Read more