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Haier Group eyes Rs 10 billion JV with JSW Group
This potential collaboration follows a 2023 JV between JSW and Chinese automaker SAIC Motor, where JSW took a 35% stake in MG Motor India.Read more
Indian Railways and Switzerland’s DETEC partner for technological collaboration
The renewed agreement builds on an original MoU from 2017, which covered areas like traction rolling stock, EMU train sets, propulsion equipment, electrification, and station modernisation.Read more
Freight corridors fuel equitable economic growth across India: Study
The DFC network spans 2,843 kilometers across seven states, with the 1,337-km Eastern DFC fully operational from Ludhiana to Sonnagar, Bihar, and the 1,506-km Western DFC nearly complete, connecting Dadri, Uttar Pradesh, to Mumbai.Read more
Siemens to acquire Altair Engineering for $10 billion
The acquisition is expected to boost Siemens’ digital business revenue by 8%, adding approximately €600 million.Read more
Maharatna PSUs NTPC and ONGC join hands to form a JV company
This JVC shall venture into various renewable energy (RE) and new energy opportunities including solar, wind (onshore/offshore), energy storage (pump/battery), green molecule (green hydrogen, green ammonia, sustainable aviation fuel (SAF), green methanol), e-mobility, carbon credits, green credits, etc. Read more
AIFI hosts session on Innovative Technology Solutions and Skill Development
The session saw key discussions on innovative technology solutions and skill development initiatives, highlighting the forging industry’s need to evolve with changing technological trends. Read more
Cyient acquires 27% stake in Azimuth AI to boost semiconductor capabilities
Cyient emphasised that this investment reflects its commitment to driving innovation in the semiconductor industry. Read more
RAHSTA Expo 2024 concludes to a grand success
Smart Manufacturing & Enterprises (SME) and Equipment India (EI) host construction equipment (CE) industry leaders to discuss the future of CE industry. The 10th India Construction Festival (ICF) 2024 awards over 75 companies from infrastructure industry. Read more
AI models could be biased in algorithm design: Vandana Iyer
In conversation with Sanskriti Ramachandran, Vandana Iyer, Research Director-TechVision, Frost & Sullivan, talks about the extensive use of AI and automation in the pharmaceutical industry.Read more
KEC International wins new orders worth Rs 11.42 billion
The business has secured orders for T&D projects in Middle East and USA.Read more