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MSMEs Minister Anbarasan urges banks and insurers to aid Cyclone-Hit SMEs

According to a statement released by the state government, the minister also instructed insurance companies to promptly settle claims filed by businesses for damages to their machinery, raw materials, and finished products.Read more

RACE Energy launches battery swapping for E-Tuk Tuks in Sri Lanka

In collaboration with Lanka E-Mobility Solutions (LeMS), RACE Energy has initiated a pilot program for its battery swapping technology under the 'e-wheel' brand, focusing initially on electric three-wheelers in Colombo.Read more

Indian defence firms eyeing Philippines market for military platforms

A 2022 agreement solidified the purchase of three BrahMos batteries by the Philippines from India, totalling an estimated $375 million.Read more

Thermax aims to address energy sustainability with green solutions

Secures orders exceeding Rs 500 crore for the establishment of five bio-CNG plants.Read more

Capturing the current status of the PM Gati Shakti scheme

Prime Minister Gati Shakti Scheme (PMGSS) has given a boost to Indian transportation system. Railways, roads and air travel, each sector has seen a swift shift with the initiatives and implementation.Read more

Indian defense firms secure global rankings amidst rising arms demand

The Stockholm International Peace Research Institute (SIPRI) recently published a report, disclosing that HAL, BEL, and MDL, all Indian defense PSUs, secured positions among the top 100 arms-producing companies.Read more

From quantum leap to space age innovations, Capgemini unveils top 5 tech trends

While GenAI will remain a highly discussed topic in the upcoming year, Capgemini anticipates that other key technologies will also mature or experience breakthroughs in 2024.Read more

India's National Green Hydrogen Mission Aims to Slash Fossil Fuel Imports by 2030

The Union Cabinet greenlit the mission in January 2023, allocating Rs 19,744 crore to establish India as a global hub for manufacturing green hydrogen, a sustainable energy source.Read more

India aims for 40% local value addition in phone manufacturing to boost global competitiveness

S Krishnan, Secretary at the Ministry of Electronics and Information Technology (MeitY), outlined this goal during the Global Tech Summit 2023 organised by Carnegie on December 5.Read more

India aims to lead global semiconductor industry amidst supply chain challenges

Suraj Rengorajan, Chief Technology Officer at Applied Materials, highlighted India's capability to alleviate the global semiconductor talent at Bengaluru Tech Summit 2023.Read more

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