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IPF Buyer-Seller Summit: Fulfilling Make in India goals
The virtual Summit - which saw participations from Defence Investor Sell (MoD), SAIL, Hindustan Aeronautics Ltd, Godrej & Boyce and Vedanta Aluminium - enlightened vendors about procurement strategies of big buyers and help MSMEs be part of their supply-chain.Read more
GeM has potential to reach Rs 5-7 trillion in GMV: Talleen Kumar
In this interview with Rakesh Rao, Talleen Kumar, IAS, CEO of Government e-Marketplace (GeM), which has annual sales of over Rs 630 billion in gross merchandise value (GMV), explains how GeM is making public procurement more transparent & efficient leading to creation of a vibrant buyer-seller ecosystemRead more
Contractor of smart metering project in J&K drops Chinese supplier on REC arm’s directives
This follows an order, issued by Ministry of Power on July 2, 2020, mandating prior permission of GoI for any import of equipment/ components/parts from “prior reference†countries along with testing of the same in certified and designated laboratories.Read more
India imposes restrictions on bidders from neighbouring countries for public procurement
IEEMA welcomes this government policy on bidding regulations for national security reasons. Bidders from these countries will be eligible only if they are registered with DPIIT. Government has provided relaxation for procurement of COVID medical supplies till December 31.Read more
Siemens acquires C&S Electric for Rs 2100 cr to meet increasing electrification
In order to meet the increasing demand for electrification across industry, infrastructure and buildings in India, Siemens Ltd. has signed an agreement to acquire New Delhi-based C&S Electric Limited.Read more
Leverage logistics to rack up profits
Samir Lambay offers insight into how organised logistics can help increase profits for modern businesses.Read more
DIPP seeks industry inputs to increase local content in govt procurement
FICCI to submit the list of products that industry supplies to Government/PSUs along with the major raw materials/inputs/components/sub-assemblies of each of these supplied products Read more
NLC India Ltd
NLC India Ltd (NLCIL) formerly Neyveli Lignite Corporation is a profit making, Government of India Enterprise involved in mining of lignite and generation of power through lignite based thermal power plants. NLCIL comes under administrative control of Ministry of Coal and serves as an important source of power generation to the states of Tamil Nadu, Andhra Pradesh, Karnataka, Kerala, Telangana, Rajasthan and Union Territory of Pondicherry.Read more
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Praj receives award in the green procurement practices category at ELSC Conclave 2017
Praj Industries, a global process solutions company, has secured procurement excellence award in the category of 'Best Green Procurement Initiative of the Year'. Girish Rishi, CEO of JDA Software and chief guest of the function, presented this award to Praj officials at the 11th Express Logistics & Supply Chain (ELSC) Conclave held in Mumbai.Read more
