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SCMHRD, Pune wins at Cummins’ REDEFINE 2024 B-school case study competition
A total of 3780 students participated across 1260 teams, representing 18 of the nation’s top B-schools, fostering a vibrant exchange of ideas and innovative thinking. Read more
Mahindra’s Thar ROXX, XUV 3XO, and XUV400 earn 5-Star Bharat-NCAP rating
Thar ROXX has made history by becoming the first body-on-frame SUV to secure a 5-star Bharat-NCAP rating, achieving the highest overall score by any ICE vehicle in Bharat-NCAP testing.Read more
Mushin Labs raises $250K in seed series round led by Inflection Point Ventures
Mushin Innovation Labs, a pioneering SaaS startup, is transforming the automotive manufacturing industry with its advanced digital solutions. Read more
Honeywell India partners with IISc to support deep science startups
HHSIF has extended research and financial support to over 40 Indian startups and nine entrepreneurs-in-residence (EIRs) through this collaboration.Read more
India Resurgence Fund to acquire Anthea Aromatics for $125 million
IndiaRF, which raised its inaugural $629 million fund with contributions from the Canada Pension Plan Investment Board (CPPIB) and World Bank’s IFC, invests across industrial, infrastructure, and consumer sectors, focusing on revitalising companies through recapitalisation and operational reformsRead more
India sets ambition to become global drone manufacturing hub: Rajnath Singh
Singh outlined adaptive defence as a strategy requiring situational awareness, flexibility, resilience, and integration with advanced technologies to respond effectively to unpredictable challenges.Read more
Dormer Pramet shifts identitly, to work as a single group
Dormer and Pramet will now officially operate under a single unified entity combining both the brands while Miranda and Precision continue to serve as local markets’ hero brands. Read more
Aditya Birla Group eyes further investments in US manufacturing and R&D
Aditya Birla Group, a prominent player in the U.S. metals and chemicals sectors through subsidiaries like Novelis and Aditya Birla Chemicals, announced a $50 million investment earlier this year for a new manufacturing and R&D center in Texas.Read more
Raghu Vamsi Group acquires UK's PMC Group
Its specialised manufacturing capabilities include machining complex parts up to 6 meters in length using advanced materials like nickel alloys.Read more
BEML’s Q2 profit drops amid weakening demand
BEML’s material costs, which constitute over half of its expenses, rose slightly by 0.2%, while total expenses dropped 7% to Rs 8.2 billion.Read more