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Servotech to establish EV Charger Manufacturing Plant, signs MoU with UP govt
The plant will be set up under the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2022. The MoU was signed by Raman Bhatia, Managing Director, Servotech Power Systems, and Nand Gopal Gupta ‘Nandi’, Minister of Industrial Development, Government of Uttar PradeshRead more
DFI showcases complete Line of Smart Factory Solutions at India’s Automation Expo
This year, DFI will participate for the first time in India's Automation Expo 2023, the largest international automation exhibition in Southeast Asia and South Asia and will present factory automation-related solutions such as SR-IOV virtualisation technology and AGV/AMR robotics.Read more
Amara Raja Batteries reports 14% increase in revenues over previous quarter in Q1 FY 24
Amara Raja Batteries Limited, India’s leading Industrial and Automotive Battery major, reported profit before tax of Rs 258.36 crores for Q1 of FY 24 registering a growth rate of 46 per cent over Q1 of FY23.Read more
Why was an E missed out from the ESG?
The Triple Bottom Line (TBL) accounting mentions three profits – economic profit, environmental profit and societal profit. In ESG, the economic profit has been ignored, and that’s taking the focus away from PE, says R Jayaraman.Read more
BHEL, Leonardo S.p.A, among the bidders for Army's Air Defence Gun Contract
Bharat Heavy Electricals Ltd (BHEL) and Italy's Leonardo S.p.A are among the three contenders competing for a Rs 6,500 crore contract to supply air defence guns to the Indian Army. Larsen & Toubro and AWEIL also participate.Read more
Amara Raja lays foundation stone for E Positive Energy Labs
Amara Raja’s advanced energy research and innovation centre is located at GMR Aerocity near Hyderabad airport.Read more
Eicher, Amazon collaborate to scale electric truck deployment for deliveries in India
Eicher and Amazon aim to introduce up to 1,000 electric trucks from eight to 24 feet deck lengths into Amazon’s delivery operations over five years.Read more
SIAM organises International Conference on Fuelling the Future towards Sustainability
Society of Indian Automobile Manufacturers (SIAM) hosted an international conference focused on "Fuelling the Future towards Sustainability: Observing World Biofuels Day 2023"Read more
Waaree Energies raises Rs 1000 cr in 2nd round of equity funding
The investment round was led by ValueQuest, an investment firm known for its strategic focus on sustainable and progressive ventures.Read more
VE Commercial Vehicles inks MoU with IITI for tech development, upskilling
The partnership will lead to exchange of up to 100 students and employees during the next five years and focus on upskilling & future technology readiness.Read more