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Poly Medicure to use Rs 10 billion fundraise for capex and acquisitions

Expansion efforts are underway in areas such as cardiology, critical care, and renal diagnostics, focusing on manufacturing to broaden its market presence. Read more

DAC approves Rs 1.45 trillion defence orders; to boost PSUs

In FY24, the government granted Acceptance of Necessity (AoN) to proposals totalling approximately Rs 3.61 trillion under various capital procurement categories, aligning with the Defence Acquisition Procedure (DAP) 2020 to promote domestic manufacturing.Read more

India’s renewable energy sector faces leadership talent crisis: WalkWater

The study surveyed 65 organisations and tracked the movement of 204 CXOs over the past three years. Read more

LatentView Analytics acquires 70% stake in Decision Point for $39.1 million

Established in 2012, Decision Point has more than a decade of experience in developing AI-powered solutions and employs over 300 people worldwide.Read more

ZF Group India launches metaverse platform for talent acquisition & employee engagement

At the heart of the Metaverse lies a central hub, serving as a global space where visitors can explore comprehensive information about the company's objectives and worldwide presence. Read more

Clara Smith appointed Vice President Strategy & Transformation, SECO

In her previous role as Group Head of Market Strategy at Hitachi Rail, Clara played a key role in shaping global market and operations strategy, overseeing both organic and inorganic growth initiatives. Read more

Wipro Hydraulics signs agreement to acquire Novacap company Mailhot Industries

Wipro Hydraulics, a division of Wipro Infrastructure Engineering, has inked a deal to acquire Mailhot Industries, a Novacap company based in Quebec, Canada, known for its expertise in hydraulic cylinder manufacturing, particularly in refuse trucks and snow removal equipment. Read more

Impact of Siemens’ new acquisition on industrial drive market

Siemens’ acquisition of ebm-papst’s industrial drive technology (IDT) business opens up wider global market access for these products, leveraging Siemens’ extensive global sales channels, says Vanessa Lopez.Read more

Machine vision players opt for acquisition route for growth

While many new vendors are entering the machine vision market, global corporations are investing in acquiring technology and expertise in each of the machine vision component sectors, says Jonathan Sparkes.Read more

Government is making concerted efforts to grow defence exports

In this interview with Rakesh Rao, Cdr Gautam Nanda, Associate Partner - Aerospace & Defence, KPMG India, gives a brief of overview of the Indian Defence & Aerospace (D&A) industry and also highlights key challenges that the industry need to address.Read more

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