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Temasek considers selling stake from Schneider Electric India venture

Another possibility being considered is an initial public offering (IPO) of the stake.Read more

Maximising safety in food production with efficient signal tower

Sesotec’s X-ray inspection devices reliably detect foreign bodies in food products. These X-ray scanners ensure maximum safety in food production thanks to the eSIGN LED signal tower.Read more

Optiemus Electronics begins manufacturing telecom gear for Tejas Networks

This move aligns with the government’s push for state-owned BSNL to use indigenous telecom equipment for its 4G networks.Read more

German industrial orders fall sixth consecutive month amid weak foreign trade

The most affected sectors were mechanical engineering and the automotive industry, with orders down 0.9% and 0.7%, respectively, from May. Read more

General Motors lays off over 1,000 software and services employees globally

The reduction primarily targets teams which oversees vehicle infotainment, OnStar services, and GM's Super Cruise advanced driver-assist system. Read more

DCGI introduces guidelines for product traceability in pharma supply chain

The introduction of these guidelines is particularly timely, as the Indian pharmaceutical industry has come under scrutiny following reports linking spurious cough syrups from India to children's deaths in Gambia, Cameroon, and Uzbekistan.Read more

Amazon India partners with Gentari to deploy 10,000 EVs by 2025

By the end of 2023, Amazon India had already deployed over 7,200 EVs and is on track to meet its target of 10,000 EVs by 2025.Read more

India targets key sectors to reduce import dependence under IPEF

The sectors under scrutiny include chemicals, automobiles, pharmaceuticals, advanced technology, electronics, and critical minerals, all deemed vital for national security and economic resilience.Read more

Tyre manufacturer Continental might spin off automotive-electronics division

The potential move is aimed at enhancing flexibility and allowing the company to adapt more effectively to dynamic market conditions and the evolving software-driven technology landscape.Read more

Trane launches GEN Elite C Series VRF in Asia Pacific

Unlike traditional non-inverter systems, the advanced inverter technology and unique piping design of the CO VRF allow for continuous operation and precise temperature control, minimising temperature fluctuations.Read more

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