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Kataria Industries buys Ratlam Wires' manufacturing unit for Rs 306 million
Kataria Industries specialises in producing low relaxation pre-stressed concrete (LRPC) strands and post-tensioning anchorage systems, primarily used in infrastructure, road, bridge, and power transmission projects.Read more
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