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Mediation: A cost effective tool for resolution of disputes for MSMEs

Mediation can really benefit MSMEs as it offers level playing field for them and costs less and take less time. Globally, only 2 per cent of mediated settlements have problems in implementationRead more

RBI’s measures to mitigate Covid 19 risk should help lift spirit of economy: FICCI

Decision to put a temporary stop on payment of term loans and interest rates on working capital loans will provide relief to the companies, says Dr Sangita Reddy, President, FICCIRead more

RBI takes steps to reduce COVID 19 stress on financial system

RBI has decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 75 basis points to 4.40 per cent from 5.15 per cent with immediate effectRead more

STMicroelectronics to acquire majority stake in Gallium Nitride innovator Exagan

The acquisition will accelerate ST’s GaN expertise, roadmap and business for high-frequency, high-power automotive, industrial and consumer applications.Read more

Ingeteam wind facility achieves 1 GW production in its first year

This facility was recently expanded and continues to implement its growth plans in the Indian wind energy sector.Read more

Beckhoff’s AMP8000 drive saves space in wind turbine nacelle

The AMP8000 distributed servo drive system of Beckhoff is ideally suited for adjusting the nacelle of a wind turbine. AMP8000 integrates the servo drive directly into the servomotor in a very compact design.Read more

HARTING unveils new solutions for production optimisation and cost reduction

The new industrial connector is made of high-performance plastic, is lightweight and requires little space. The Han® 1A is suitable for IP20 connections in switch cabinets as well as for outdoor requirements, as when closed it achieves the IP65 protection class. Read more

Suhner’s new LSB 90 turbine grinder uses compressed air

In grinding, milling and engraving work, the right tool really is key to getting the results one wants. It needs to be easy to handle, be able to go in every direction and produce clean results for all areas.Read more

Siemens Vadodara facility rolls-out 1,000th steam turbine

The 1,000th turbine is a 29 mw waste heat recovery steam turbine for JK Cement, the second largest manufacturer of white cement in India. Read more

Siemens to modernise Hindustan Zinc’s power asset fleet with digital technologies

Six 80 MW steam turbines, to be manufactured at Siemens’ Vadodara factory, will be designed to improve efficiencies and result in an estimated reduction of 1 million tonne of carbon emissionRead more

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