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Red Lion launches Secure Industrial Remote Access Platform in India
It comes with the ability to remotely access, monitor and manage diverse equipment. It helps to lower operational costs and downtime by reducing site visits and dramatically improving response times.Read more
Razorpay acquires Bengaluru based TERA Finlabs to support MSME sector
Razorpay disclosed that the acquisition of TERA Finlabs is aligned with its strategy of financially supporting MSMEs by building competencies in capital solutions, credit underwriting and data-driven risk management.Read more
Saudi’s Alfanar acquires wind turbine maker Senvion India from Senvion
Senvion India will provide full EPC and O&M solutions for wind power projects to customers in India. Riyadh-based Alfanar holds 600 MW capacity in India won via auctions conducted by SECI.Read more
ABB remotely commissions actuators for BGPPL to set new benchmark
This upgrade to a newer, more reliable product was critical to improve our efficiency, safety and quality by reducing product variability, breakdown and inventory cost for BGPPL.Read more
Tata Steel Mining all set to acquire Rohit Ferro-Tech
Tata Steel Mining Ltd (TSML), a wholly-owned subsidiary of Tata Steel Limited, announced that it is the successful resolution applicant for Kolkata-based ferrochrome maker Rohit Ferro-Tech Ltd (RFT). Read more
B&R adds compact motor-drive combinations to reduce machine footprint
B&R added two compact variants to its integrated motor-drive solution. Equipped with powerful processors, the new devices are perfect for applications where tight synchronization and positioning precision are important. Read more
PLI Scheme to make India’s AC component production more cost competitive: Ind-Ra
Due to PLI Scheme, the cost of manufacturing in India could be cheaper in the range of 8%-12%, depending on the AC component, Sanjuta Goel, Analyst, India Ratings and Research (Ind-Ra).Read more
Sohinder Gill: A lot more needs to be done to achieve FAME II target
Timely intervention by the government in a form of policy change is required to fuel the growth, believes Gill. Read more
Yamaha Motor to accept orders for its new Hyper-EV Motor from this month
Company has also newly developed a unit boasting a maximum output in the 350 kW class (operating voltage of 800V) intended for installation and use in hyper-EVs and other high output applications.Read more
ReNew Power commits to achieve net-zero emissions by 2050
ReNew’s pledge aligns with the ‘Race To Zero’ campaign - the largest ever global alliance committed to achieving net zero carbon emissions.Read more