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Gensol and Matrix emerge lowest bidders for biomass to green hydrogen project

The project valued at Rs 1.64 billion, scheduled for completion within 18 months, marks a significant milestone on aligning with the National Green Hydrogen Mission for biomass to green hydrogen generation.Read more

Intel may split chip design and manufacturing businesses due to loss

The company reported a net loss of $1.61 billion in the second quarter of 2024, leading to a 26% drop in its stock price—the worst single-day performance in over 50 years.Read more

Cooper Corp sees big opportunities in aerospace & defence sector: Farrokh Cooper

In this interaction with Rakesh Rao, Farrokh Cooper, CMD of Cooper Corporation Pvt Ltd, highlights challenges and opportunities before the Indian manufacturing sector, and the company's plans to tap emerging trends in the industryRead more

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

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