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Climaveneta to invest Rs 4 billion in Bengaluru facility expansion

CCT, a leading chiller manufacturer with an order book exceeding Rs 5 billion, aims to double its annual order intake and achieve Rs 10 billion in revenue within the next four to five years.Read more

Schaeffler to lay off 4,700 jobs amid challenges in Europe’s auto sector

Overall, the job cuts will affect around 3.1% of Schaeffler's workforce of 120,000, which increased after its merger with electric powertrain specialist Vitesco.Read more

Schneider Electric replaces CEO Peter Herweck amid disagreements

Herweck, who served as CEO for 18 months, will be succeeded by Olivier Blum, currently leading Schneider's Energy Management division.Read more

Jupiter Wagons shares surge 7% on acquisition of Log9's battery tech assets

The deal includes Log9’s engineering and production teams, as well as its manufacturing facility in Devanahalli, Bangalore.Read more

Mahindra debuts electric origin SUVs named XEV 9e and BE 6e

The SUVs will premiere globally at UNLIMIT INDIA, on November 26, 2024, in Chennai.Read more

L&T wins new orders for power transmission & distribution business

The hub will be a crucial element in Kenya’s grid for ensuring stable, efficient and reliable operations in view of variable renewable energy sources getting added and the high-voltage regional interconnections being established. Read more

RR Kabel to sponsor children’s education through Kabel Star Scholarship Program

The initiative underscores RR Kabel’s commitment to empowering the communities it serves and acknowledges the central role electricians play in creating safe, resilient, and vibrant spaces across India.Read more

Binar Handling: Electric solutions for ergonomic material handling

Akshay Adams, Industry Manager-Ergonomic Material Handling Solutions, Schmalz India, discusses the new innovative product line of Schmalz, Binar Handling, an innovative products designed to enhance material handling with precision, ergonomics, efficiency, and safety. Read more

Assessing the trade-offs of making the switch to electrical actuators

The focus on the trade-offs of electrical actuators is only a topic of discussion because the transition from hydraulic systems is picking up pace. In following the trend, professionals may forget to consider the drawbacks, writes Emily Newton.Read more

Atul Greentech and Jio Platforms partner to drive innovation in EVs

This collaboration leverages Jio's advanced IoT mobility technology, integrating cutting-edge hardware, software, and connectivity to provide real-time telematics data and high reliability for users.Read more

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