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Trane unveils air handling unit to address ac equipment installation challenges

Traditional air handling units are often complex to dis-assemble and re-assemble, making the process time-consuming and labour-intensive.Read more

Shinryo Corporation to acquire 85% stake in GMP Technical Solutions

The stake will be acquired from Pune-based engineering and real estate firm Vascon Engineers Ltd.Read more

India’s pharma sector likely to double post US Biosecure Act

At present, China’s CDMO industry commands 8% global market share compared to India’s 2.7%. Read more

Ashok Leyland subsidiary Hinduja Tech to acquire TECOSIM Group

The organisations intend to establish a unified brand strategy that embodies their shared vision and dedication to providing superior technical services. Read more

Tata Motors aims to make EVs more accessible for customers

In this interview, Rakesh Rao spoke to Anand Kulkarni, Chief Products Officer, Head of HV Programs and Customer Service, Tata Passenger Electric Mobility Ltd, to understand challenges and opportunities in India's electric vehicle market.Read more

MSME bodies ask RBI to extend threshold period for SMA-2 stressed loan accounts

MSME borrowers cannot utilise existing credit lines to pay dues when their accounts are classified under the SMA category, hindering their recovery efforts.Read more

Govt reopens application window for PLI scheme for AC & LED light manufacturing

This application period will run from July 15, 2024, to October 12, 2024, in response to increased industry interest.Read more

LatentView Analytics acquires 70% stake in Decision Point for $39.1 million

Established in 2012, Decision Point has more than a decade of experience in developing AI-powered solutions and employs over 300 people worldwide.Read more

60 pharma firms enrol under Centre’s scheme to upgrade manufacturing facilities

The scheme gives preference to micro, small and medium enterprises (MSMEs), supporting smaller players achieve high standards.Read more

Manufacturing activity in India rebounds in June; fastest hiring in 19 years

As a consequence of increases in new order intakes, the rate of job creation was the strongest since March 2005.Read more

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