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Greening Enterprise Eco system, SIDBIs dedicates Mission 50K-EV4ECO

Small Industries Development Bank of India (SIDBI) with the aim to strengthen the EV ecosystem, launched Mission 50K-EV4ECO which will unlock the market by providing better financing terms for electric two- wheeler, three-wheeler, and four-wheeler (2W, 3W and 4W) vehicles purchase. Read more

“Poor security is no security” is the philosophy of Safcon

Safcon Seals Pvt Ltd is an indicative and barrier seals manufacturer. Rajesh Kumar Banka, Managing Director, Safcon Seals is in security seal business for over 25 years. In this interview, Banka tells about his innovations with security seals during the past two decades, adding details about patented products and export operations of the company. Indian market offers great opportunities but is very competitive, he adds sharing about the growth plans of Safcon. Read more

IFC to invest Rs 600 cr in M&M’s new electric three-wheelers company

Funding to help electrify the country’s last mile mobility and boost penetration of electric three-wheelers, supporting India’s climate goalsRead more

TI Clean Mobility to raise Rs 3000 Cr to fuel its EV platform

TI Clean Mobility Private Limited signed terms with Multiples, State Bank of India and other co-investors to raise capital in the form of Equity and CCPS to Rs 1950 crores. The parent company Tube Investments of India Limited (TII) to invest Rs 750 crore to achieve the total fund raise of Rs 3000 crore. Read more

HPX successfully executes 1st e-RA contract for Indian Railways

On February 12, has successfully concluded its 1st e-Reverse Auction (e-RA) based long duration contract for Indian Railways. The exchange simultaneously logged its highest single day volume of 36.18MUs.Read more

Revenue protection is a need, not a choice for utilities

The success of utility meters protection depends on selection of security seal, effectively implementing, maintaining and upgrading it from time to time, says Rajesh Kumar Banka.Read more

Empire Cable banks on govt-backed infra projects for growth

The government’s continued push to boost investment in infrastructure projects is expected to increase demands for cables and wires in the coming years. Empire Cable is all set to tap this opportunity and also increase its overseas business. Read more

Bank GNPAs may touch low of 4% by FY24; MSMEs remain a concern area

Gross non-performing assets (GNPAs) of corporate segment is likely to fall below 2% next fiscal from a peak of 16% as on March 31, 2018; GNPAs of MSME (micro, small and medium enterprises) segment may rise to 10-11% by FY24 from approximately 9.3% as on March 31, 2022, says CRISIL Ratings.Read more

Hindustan Power Exchange crosses 100 MUs of power trading

Hindustan Power Exchange Ltd (HPX) - promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank – has crossed 100 MUs mark on July 21, 2022, of traded power since its launchRead more

Intelligent actuators provide flow control at Korean chemical plant

Over a 100 multi-turn and part-turn intelligent electric actuators have been installed at a new petrochemical site in Daesan, South Korea. The IQ actuators - supplied by Rotork - will provide flow control at the plant which produces ethylene, polyethylene and propylene.Read more

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