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Minda Corporation achieved highest ever consolidated revenue of Rs 12.90 billion

During the quarter, the company signed a Technology Licensing Agreement with SANCO (China) to locally develop advanced Electrical Distribution Systems (EDS) solutions. Read more

Inteva Products expands Pune plant to meet growing automotive demand

In addition to its Pune facility, Inteva operates a technical centre in Bengaluru with a team of 317, including 200 engineers, who support product development and engineering for global and Indian operations.Read more

Innovative technologies in motion control attract new entrants to the market

Although new vendors have not acquired meaningful market share, as the supplier base has not yet consolidated, we expect they will increase their presence, especially in their local markets; China, Japan and Europe. There has been rapid expansion of the supplier base for linear smart conveyance systems, particularly in the Asia Pacific region, comments, Samantha Mou, Research Analyst, Interact Analysis.Read more

Emerson releases architectural magazine- Boundless Automation™

Industries including power, water, energy, refining and mining need greater operational flexibility, agility and better decision-making to further reduce downtime and carbon footprint, increase safety and security and improve efficiencies. Read more

Schaeffler to lay off 4,700 jobs amid challenges in Europe’s auto sector

Overall, the job cuts will affect around 3.1% of Schaeffler's workforce of 120,000, which increased after its merger with electric powertrain specialist Vitesco.Read more

Telangana’s T-Hub partners with Japanese auto manufacturer Denso

With major players like Mahindra & Mahindra, Bharat Forge, Exide, and Amara Raja Batteries setting up advanced manufacturing facilities, the state is transforming into a hub for both traditional automotive components and electric vehicle technologies.Read more

Configure rotary systems from igus

With this tool, engineers can quickly and easily configure and order a customised rotating energy supply system. They also save money. Read more

Emerson proposes $15 billion buyout to acquire remaining AspenTech stake

Under the new proposal, Emerson would pay $240 per share in cash, amounting to around $6.53 billion for the stake it does not own.Read more

Schneider Electric replaces CEO Peter Herweck amid disagreements

Herweck, who served as CEO for 18 months, will be succeeded by Olivier Blum, currently leading Schneider's Energy Management division.Read more

Mahindra debuts electric origin SUVs named XEV 9e and BE 6e

The SUVs will premiere globally at UNLIMIT INDIA, on November 26, 2024, in Chennai.Read more

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