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Altair and DesignTech Systems to set up research-oriented centre of excellence in collaboration with GoI’s Science & Tech Park
US based Altair Engineering (NASDAQ:ALTR) announced a collaborative effort with its partner in India, DesignTech Systems, and the Science and Technology Park, an institute supported by Dept. of Science and Technology (DST), Government of India, to support the advancement of the Govt. of India’s Skill India programme.Read more
AspenTech sees huge potential as refineries gear up for expansion
With the Union Government focusing on twin-objective of expansion in refining capacity and energy conservation, AspenTech expects to see a rise in demand for its asset optimization software solutions.Read more
ECI® chosen by Idea Cellular to upgrade optical networks for rising data demand
ECI, a global provider of ELASTIC Network® solutions for service providers, critical infrastructures and data center operators, announced today it was chosen by Idea Cellular Ltd (Idea), the third largest mobile operator in India and sixth-ranked in the world, to upgrade its optical network.Read more
Renault-Nissan-Mitsubishi to invest up to $1 billion for automotive innovation
Renault-Nissan-Mitsubishi, the world's leading automotive alliance, today announced the launch of Alliance Ventures, a new corporate venture capital fund that plans to invest up to $1 billion to support open innovation over the next five years.Read more
IMTMA gears up for IMTEX FORMING 2018 & Tooltech 2018
Indian Machine Tool Manufacturers’ Association (IMTMA) is organising ‘IMTEX FORMING 2018 & Tooltech 2018’, a B2B exhibition of metal forming technologies at Bangalore International Exhibition Centre (BIEC), Bengaluru from 25th to 30th January 2018.Read more
Consul Neowatt awarded UPS Manufacturer of the Year at SD Awards 2017
Consul Neowatt, the Global Indian UPS company announced that it has been awarded as the No 1 Indian UPS Manufacturer at the SD Awards 2017 which are the only awards for the UPS industry in India. The 25th edition of SD Awards was organised in Bangalore by Soft Disk, celebrating the UPS and solar day on December 9, 2017.Read more
Indo-German cooperation on the right track to move up and ahead
The outlook for Indo-German trade is quite optimistic given improved investment climate and a positive approach from Governments in both countries, says Bernhard Steinruecke.Read more
London steps up efforts to attract Indian tech firms
London is increasing its efforts to attract Indian businesses and investors, with the opening of a new overseas office in India's tech capital, Bengaluru. The new office is part of London's continued drive to strengthen trade and investment links with India and will ease the process for Indian companies setting up, or expanding in London.Read more
Airbus, Rolls-Royce, and Siemens team up for electric future
Airbus, Rolls-Royce, and Siemens have formed a partnership which aims at developing a near-term flight demonstrator which will be a significant step forward in hybrid-electric propulsion for commercial aircraft. The three companies together announced the groundbreaking collaboration, bringing together some of the world's foremost experts in electrical and propulsion technologies, at the Royal Aeronautical Society in London.Read more
CB&I selected for the first vacuum residue upgrading unit in India
CB&I (NYSE:CBI) announced it has been chosen by Indian Oil Corporation Limited (IOCL) for the license, engineering design and catalyst supply for a residue upgrading unit in Mathura, India. The unit will use Chevron Lummus Global's (CLG) LC-MAX™ and ISOCRACKING® technologies.Read more