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Siemens acquiring ebm-papst's Industrial Drive Tech
The planned acquisition will complement the Siemens Xcelerator portfolio and strengthen Siemens’ position as a leading solutions provider for flexible production automationRead more
Welspun Corp and Saudi Aramco terminate $41M Pipe deal
Welspun's unit had bagged the contract for manufacturing and supply of steel pipes for a duration of eight months in JanuaryRead more
Suzuki Motors starts manufacturing of Flying ‘Skycar’ in Japan
The Skycar, offering a 15-minute flight time covering approximately 15 kilometres, accommodates two passengers and operates using 12 motors and rotors, achieving a top cruising speed of 100 kmphRead more
JSW MG Aims 33% EV Passenger market share in 6 years
JSW Group will hold 35 per cent stake in the newly formed JSW MG Motor India with Indian financial institutions and domestic MG Motor dealers holding 8 per cent and 3 per cent besides employees owning 5 per centRead more
BEML succeed in maiden Test-Firing of 1500 HP Tank Engine
BEML says that with state-of-the-art technologies at its core, the engine positions India at par with global leaders in military engine manufacturingRead more
Naxnova Buys Quad Industries for 90 Crore
Naxnova has acquired 74 per cent stake from the current shareholders of Quad Industries and the balance stake shall be acquired in a phased manner making the transaction a 100 per cent share purchase deal over the next few quartersRead more
Jury nominates three companies for the HERMES AWARD 2024
An independent jury comprising top-class experts from political and business communities, academia and society in general, chaired by Prof. Dr.-Ing. Holger Hanselka, President of the Fraunhofer Society, nominated three companies selected from the numerous submissions for the HERMES AWARD 2024Read more
The AES Arena guides way towards carbon-neutral industry
Within a diverse program of presentations, industry experts, scientists, and politicians will shed light on how the future will be increasingly electricRead more
TRUMPF cooperates with the High Performance Computing Center Stuttgar
The aim of the agreement is to provide TRUMPF employees with the extensive computing capacities of the HLRS. The technology company wants to use it to develop AI models and virtually recreate prototypesRead more
Plastics Recycling Show India to be held in December 2024 in Mumbai
The three-day expo and high-level plastics recycling and sustainable packaging conference will unite delegates, thought leaders, innovators, and technology providers in the plastics recycling industry, fostering collaborations, and driving meaningful progress towards a sustainable future.Read more