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Mahindra to acquire 58.96% stake in SML Isuzu for Rs 5.55 billion
M&M would also launch a mandatory open offer for acquisition of up to 26% stake from eligible public shareholders of SML in accordance with the SEBI Takeover Regulations.Read more
Cheap Chinese bearings are a major concern for India: Rajesh Premchandran
While the Chinese products may be attractive due to price, some of them fall short on performance, leading to frequent failures and increased total cost of ownership for customers, remarks Rajesh Premchandran, Chief Sales & Marketing Officer, NBC Bearings in dialogue with Sanskriti Ramachanadran. Read more
Avery Dennison unveils RFID facility in India
The Pune site is set to become a major operational hub supporting industries such as retail, logistics, and healthcare.Read more
Tamil Nadu tops India in electronics exports with $14.65 billion in FY25
This marks a significant jump from $9.56 billion in FY24, reflecting the state’s growing dominance in a sector vital to India’s manufacturing ambitions. Read more
India to soon launch safety assessment rating for trucks and heavy vehicles
The two day workshop on Vehicle and Fleet safety was jointly organised by the New Car Assessment Program (GNCAP ) and Institute of Road Traffic Education (IRTE).Read more
TRSL and BHEL inaugurate Vande Bharat Sleeper Train production line
With a total value of around Rs 240 billion including long-term maintenance of 35 years, the project is among the significant initiatives being undertaken under our Hon’ble Prime Ministers Make in India and Aatmanirbhar Bharat initiatives.Read more
Servotech bags 4.1 MW on-grid rooftop solar order from East Coast Railway
Under the scope of this contract, Servotech will undertake the design, manufacturing, supply, installation, testing, and commissioning of rooftop on-grid Solar Photovoltaic (PV) plants of varying capacities across multiple sites within the waltair division. Read more
Crown Worldwide Group launches custom bonded warehousing service in India
This initiative aims to streamline import-export operations, ensure superior logistics services, and provide global businesses greater agility in managing their supply chains.Read more
GreenLine flags off LNG truck fleet for Bekaert to drive sustainable logistics
Each GreenLine LNG truck is expected to reduce up to 24 tonnes of CO? emissions annually, contributing to Bekaert’s ambition of becoming carbon net-zero by 2050 and achieving 65% of sales from sustainable solutions.Read more
IIT Bombay and Indus Towers sign MoU to pioneer sustainable energy technologies
The pioneering effort to develop Perovskite Solar Cell technology aims at surpassing the limitations of conventional silicon photovoltaic (PV) cells. Read more