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Responsive Industries' shares soar 20% on Indian Railways contract win

This remarkable surge was attributed to the company securing a significant contract from the Indian Railways for the 'Garib Rath' initiative.Read more

Indian govt removes mandatory human safety tests for EV Batteries

According to the latest guidelines issued by the Ministry of Heavy Industries, adherence to the prevailing EV battery testing standards established by MoRTH is now the sole requirement for availing incentives.Read more

Indian industries concern over EU Carbon tax data demands

This issue was raised during a meeting convened by the Ministry of Commerce on September 6, where government representatives discussed the challenges associated with the European Union's implementation of a carbon tax.Read more

Saudi Wealth fund forges $3.3 billion steel giant in Saudi Basic Industries' Deal

The Public Investment Fund (PIF) will take ownership of Saudi Iron & Steel Company from Sabic, while, in a separate transaction, Sabic's steel arm, Hadeed, will secure AlRajhi Steel Industries in exchange for equity, as per an official statement.Read more

BEL and Israel's IAI join forces for Indian Defense Advancement

This partnership between BEL and IAI is not a recent development; it stems from a long-standing history of collaboration between the two entities.Read more

Govt extends Automotive PLI Scheme, aims for accelerated implementation

While delivering the keynote address at the review meeting, Mahendra Nath Pandey, Union Heavy Industries Minister urged the industry to provide feedback and engage in collaborative efforts to shape the policies, procedures, and overall effectiveness of the PLI scheme.Read more

Tube & Pipe Fair gets launch at 5th edition of Cable & Wire Fair in October 2023

Tulip 3P Media is all set to organise bi-annual B2B exhibition Cable & Wire Fair, 2023 at Pragati Maidan, New Delhi in the first week of October. The international B2B exhibition, Tube & Pipe Fair, will assist the global tubes and pipes industry in harnessing the benefitsRead more

India has moved up with two spots in machine tool production worldwide

Indian Machine Tool Manufacturers' Association (IMTMA) is the apex industry body for the machine tool sector in India. Rajendra S Rajamane, Vice President, IMTMA in this interview talks about the production growth and export achievements of Indian Machine tool industry. Indian machine tool production has reached around Rs 11,956 crore in FY23, he mentioned during the interview.Read more

Thermax’s facility in Sri City received Platinum rating from Cll – IGBC

Thermax, a leading conglomerate providing systems, products and services in the areas os waste heat recovery, waste to energy, green power and steam generation, air pollution abatement, process improvement chemicals, solar energy, water treatment and recycling. B C Mahesh, Executive Vice President and BU Head – Industrial Products, Thermax Limited, in this interview shares that the company has signed MoU with Australian green energy firm, Fortescue Future Industries (FFI) to explore green hydrogRead more

SIAM organises International Conference on Fuelling the Future towards Sustainability

Society of Indian Automobile Manufacturers (SIAM) hosted an international conference focused on "Fuelling the Future towards Sustainability: Observing World Biofuels Day 2023"Read more

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