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Cable & Wire Fair to Give Industry the Much-Needed Impetus

The industry is desperately waiting for a networking platform. There is considerable interest among the exhibitors as they are eager to regain their business targets and place their brands among the consumers following the coronavirus-affected commerce," says Priyank Jain, CEO, Tulip 3P Media Pvt. Ltd. Here we present the excerpts of the interview sharing his views on the forthcoming Cable & Wire Fair to be held in New Delhi.Read more

Escorts Ltd. Q4 reports standalone profit up by 15.7 per cent

Escorts Limited, an Indian multinational conglomerate and automotive engineering company, announced that the profit for quarter ended on March 2020 showed an increase in the consolidated profits of around 10 per cent.Read more

Escorts Ltd. announces Q3 profits up by 9.2 per cent at Rs 153.1 crore

With new budget company will focus on agriculture and infrastructure segmentsRead more

Adani Logistics acquires Snowman Logistics for Rs 296 crore to foray into cold chain logistics

The purchase price of Rs 44 per share represents an eight per cent premium to the market price of December 27, 2019 and a 12 per cent premium to 60 day VWAP.Read more

WABTEC wins drill motor deal with Megha Engineering & Infrastructure Ltd.

The deal will support ONGC in its efforts to replace their aging fleet of onshore drilling rigs.Read more

Escorts Ltd. Q2 reports profit up by 1.8 per cent at Rs 104.6 cr

The standalone net profit for the first half year ending September 2019 of the company stood at Rs 192.1 crore as against a profit of Rs 223.4 crore in the corresponding period last fiscal.Read more

EPCOS AC motor capacitors are now BIS compliant

TDK Corporation announced that its subsidiary, EPCOS India Pvt. Ltd., fulfills all requirements of the Bureau of Indian Standards (BIS) for AC motor capacitors, which has been verified by accredited laboratories.Read more

Advancements in AI will give a boost to economic growth

With the government aiming to increase the contribution of manufacturing sector in the GDP to 25% by 2020, smart manufacturing and digitalisation are expected to play an indispensable role in changing the dynamics of industrial manufacturing. Emerging technologies such as drones, RFID (radio frequency identification), driverless vehicles, IoT and artificial intelligence will greatly transform the logistics and transport industry in the coming years, says Gautam Pande, Vice President (Operations)Read more

JCB to test multipurpose biometric authentication

JCB Co., Ltd., announced that JCB will be running a trial of multipurpose server-based visible light palm authentication in February at JCB headquarters in Tokyo, Japan, in collaboration with Universal Robot Co., Ltd. (UR), and the National Institute of Advanced Industrial Science and Technology.Read more

Showa Denko to acquire assets, concerning power devices SiC

Showa Denko ("SDK"; TSE:4004) has decided to acquire assets concerning sublimation-recrystallisation method to manufacture silicon carbide (SiC) wafers from Nippon Steel & Sumitomo Metal Corporation (NSSMC) and Nippon Steel & Sumikin Materials Co., Ltd. (NSMAT) by around the end of January 2018.Read more

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