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Suhner launches ROTOmax 2.0 flexible shaft machine
Anyone that needs to grind, roughen, mill, brush and polish a lot knows how time-consuming it can be to have to work with a range of different machines. They also know how tiring it is to use a heavy machine for a long period of time. SUHNER has been offering machines with flexible shafts for a long time now to remedy this issue.Read more
Emerson acquires Aventics for Euro 527 million
The US-based technology and engineering major Emerson has agreed to acquire Aventics from Triton for a cash purchase price of Euro 527 million.Read more
Rs 300 million debt from SBI to Aye Finance will benefit the MSME sector
Aye Finance, one of the upcoming money lenders of Micro, Small and Medium Enterprises (MSME) has raised Rs 300 million from SBI recently. The startup will be focussing to offer an affordable line of credit to the micro and small enterprises.Read more
Tips to save energy in furnace operation in rolling mill
In this article, S P Shenoy shows how significant savings in fuel consumption can be achieved in a hot rolling mill by adopting a technique developed by an Indian company. The process involves improving thermal shock cracking resistance of refractory lining, emissivity enhancement, improved corrosion resistance and preventing carbon deposits on the burner blocks. Hot rolling involves plastic deformation of heated metals and alloys into flat products (slabs, plates) or long products (wire rods, Read more
Pareteum awarded $ 5 million contract from India-based telecom company
Pareteum Corporation, the rapidly growing global cloud communications platform company, announced recently that it has been awarded a 3-year contract with an India-based telecommunications company.Read more
Iris Global to bag Rs 200 million business providing customised tablets for taxis in Delhi NCR and Mumbai
Iris Global Services is aiming to capture Rs 20 million business this financial year providing customised tablets for taxis running in Delhi NCR and Mumbai. Iris Global Services is the technology integration arm of Iris Computers, getting full advantage of being back with its very original team comprising founder Sanjiv Krishen, Kamini Talwar and Som Arya, having had steer cleared all obligations with banks and creditors while acquiring it from Inflexion Point.Read more
GCL Group and Softbank invest $ 930 million to establish a joint venture in India
The main content of the memorandum is that GCL Group and Softbank Investment have agreed to establish a joint venture company in Andhra Pradesh, India, either directly or through their respective affiliates or subsidiaries, of which Softbank Investment accounts for 60% and GCL Group 40%.Read more
Maxion Wheels to set up new passenger car aluminum wheel plant in Pune with $ 50 million investment
Maxion Wheels, the world’s largest wheel manufacturer, held a ground breaking ceremony (Bhoomi Poojan) on the future site of its 25,000 square meters plant in Khed City, Pune.Read more
A new angle head by Suhner decreases tool costs by 50% and increases process reliability
Since 2004, DT Swiss, based in Biel/BE, has been producing innovative and highly complex system wheels for bicycles of all disciplines. An important supplier in this process: The Jakob Müller AG in Frick, carries out rim machining. SUHNER’s subsidiary, SU-matic, joined in, with Jakob Müller AG to optimise their horizontal milling machine for machining bicycle rims with regards to the performance, production quality and reliability.Read more
Online configurator for lead screw modules fulfils millions of design variations
A few clicks will take you to the custom-made lead screw module with the new configurator from igus The motion plastics specialist igus has developed a completely new online configurator for drylin lead screw modules.Read more