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GeM has potential to reach Rs 5-7 trillion in GMV: Talleen Kumar
In this interview with Rakesh Rao, Talleen Kumar, IAS, CEO of Government e-Marketplace (GeM), which has annual sales of over Rs 630 billion in gross merchandise value (GMV), explains how GeM is making public procurement more transparent & efficient leading to creation of a vibrant buyer-seller ecosystemRead more
Government reduces burden on companies with relaxations
Anurag Singh Thakur, Union Minister of State, Finance & Corporate Affairs, stated this in a written response to the Lok Sabha recently.Read more
Government caps MEIS benefits to Rs 2 crores
The government has announced discontinuation of MEIS as a new WTO-compliant scheme, the Remission of Duties or Taxes On Export Product (RoDTEP) which will replace starting 1 January, 2021. Read more
Beckhoff Automation’s Dr Karl Weber to represent German Federal Ministry in top-level IEEE committee
The committee advises the IEEE Standards Association (IEEE SA) and enables governments from all over the world to access and participate in the standardisation processes of the IEEE.Read more
Contractor of smart metering project in J&K drops Chinese supplier on REC arm’s directives
This follows an order, issued by Ministry of Power on July 2, 2020, mandating prior permission of GoI for any import of equipment/ components/parts from “prior reference†countries along with testing of the same in certified and designated laboratories.Read more
Government may consider duty hike on RE imports
This hike is expected to reduce dependence on imports from China and develop components locally.Read more
LANXESS India donates 1-ton disinfectant to Maha Government
The product is being delivered to the Government of Maharashtra relief co-ordination center at the Haffkine Institute in Mumbai.Read more
Honeywell bags CSR Foundation of the Year Award
Honeywell has won the laurel for its Sustainable Development Goals (STEM education, child safety, sustainability, and humanitarian relief) achievements as per the Governments CSR schedule.Read more
SCHWING Stetter and Tamil Nadu Government sign MoU for new plant in Cheyyar
Signed during Global Investors Meet 2019 held in Chennai, the MoU highlights the company’s Rs 350-crore investment at Cheyyar in a span of four years.Read more
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EPCOS AC motor capacitors are now BIS compliant
TDK Corporation announced that its subsidiary, EPCOS India Pvt. Ltd., fulfills all requirements of the Bureau of Indian Standards (BIS) for AC motor capacitors, which has been verified by accredited laboratories.Read more