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L&T to acquire 21% stake in E2E Networks in Rs 13.27 billion deal

E2E Networks specialises in CPU and GPU-based cloud computing platforms, leveraging its relationship with NVIDIA to support large-scale general and AI workloads. Read more

Shyam Metalics rises 3% on new blast furnace and sinter plant in West Bengal

The facility also features an 18 MW top gas pressure recovery turbine (TRT), which improves energy recovery by 10%, and an evaporative cooling system that reduces water and power consumption by 20% compared to standard systems.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

Space startups struggle with limited ecosystem, face high component costs

High tariffs on space-tech solar panels, implemented to curb Chinese imports, further strain startups.Read more

Karnataka's Kannada labelling mandate stirs concerns among export manufacturers

An anonymous FMCG executive told the source that industry standards usually support a uniform packaging design across markets. Read more

WMEL and SmartOps partner to transform water reclamation in India

With 17% of the global population but only 4% of its freshwater, India faces a critical water crisis, worsened by rapid urbanisation and lack of infrastructure. 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

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

Aequs Infra unveils south India’s first FMCG manufacturing ecosystem

Aequs Infra is excited about the potential of the FMCG Ecosystem considering manufacturers in a radius of 400 kilometres of its location account for more than 35% of the market share in India.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

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