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Decoding the attempt of a liquidity boost to MSEs
Recently, certain amendments were introduced through the Finance Act 2023 (FA 2023) to enhance financial liquidity for Micro and Small Enterprises (MSE) by indirectly compelling their customers to pay their dues on time. This amendment comes up like a double-edged sword, opine Aishwarya Jaju and Rushabh Bhandari.Read more
Government is making concerted efforts to grow defence exports
In this interview with Rakesh Rao, Cdr Gautam Nanda, Associate Partner - Aerospace & Defence, KPMG India, gives a brief of overview of the Indian Defence & Aerospace (D&A) industry and also highlights key challenges that the industry need to address.Read more
Woodfield Systems eyes more acquisitions to fuel growth
Kartik Gala, CEO, Woodfield Systems International, in this conversation with Rakesh Rao, provides an overview of the bulk gas and fluid transfer market and also shares company’s plans to tap new business opportunitiesRead more
IIT-Madras teams up with Starburst Accelerator SARL for Startup Hub
This partnership will enable export promotion and provide support for Indian ASD startups to explore international markets through the extensive network of the french firmRead more
ABB India achieves 'water positivity' in half of its manufacturing sites
Potential to recharge 1,19,373 cu.m. rainwater from the site (excluding rooftop) runoff at ABB PeenyaRead more
Siemens acquiring ebm-papst's Industrial Drive Tech
The planned acquisition will complement the Siemens Xcelerator portfolio and strengthen Siemens’ position as a leading solutions provider for flexible production automationRead more
Government considers legal action against three firms for FAME subsidy recovery
The move comes after the ministry of heavy industries failed to recover the disputed amount from these companies even after multiple attemptsRead more
Salasar Techno acquires EMC Ltd via National Company Law Tribunal
Salasar Techno has grown into a large EPC (Engineering, Procurement & Construction) organisation. It has completed large projects for both private and public sector enterprisesRead more
Raychem RPG's 'Make in India' boosts electricity projects
This success will enhance the acceptability of Raychem RPG’s 245kV cable accessories not only in the Indian markets but also in SAARC countries, namely Bangladesh, Nepal, and SrilankaRead more
Teledyne FLIR launches new version of acoustic imaging camera, FLIR Si2-Pro
The new industrial acoustic imaging camera, FLIR Si2-Pro, is used for partial discharge detection, pressurised leak detection and mechanical fault detection.Read more