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Catamaran ventures into precision manufacturing start-ups
The firm aims to invest in companies involved in deep tech and automobile manufacturing, particularly those capable of exporting products and creating components.Read more
Northvolt unveils sodium-ion battery, breaking China's EV battery stranglehold
Diverging from traditional batteries, Northvolt's pioneering sodium-ion battery eliminates the reliance on lithium, nickel, graphite, and cobalt.Read more
CIL phasing out imports for boosting domestic mining equipment manufacturing
Current imports, which encompass electric rope shovels, hydraulic shovels, dumpers, and more, have incurred an additional Rs 1,000 crore in customs duty over the past five years.Read more
Govt mulls Rs 12,000 cr incentive for domestic mining equipment manufacturing
A high-level committee, led by the director (technical) of Coal India (CIL), has proposed a five-year incentive program to stimulate domestic manufacturing.Read more
Swiss firm Leister Groups launches Weldy Technologies Unit in Coimbatore
Weldy Technologies specialises in manufacturing hot air hand tools and automatic plastic welding machines.Read more
Standard Chartered report: More than 80% of business leaders remain confident in globalisation
In partnership with Bloomberg Media Studios, the research surveyed business leaders across 20 markets in Africa, Asia, Europe, the Middle East, and North America, to understand the drivers of globalisation and assess overall sentiment.Read more
Servotech Power Systems bagged 2649 EV chargers order from BPCL
The manufacturing and production of these AC chargers has already begun and the supply of the chargers will begin from December 15th and will be completed within three months.Read more
Alstom, NSRCEL to launch the second cohort of the Incubation Programme
This initiative is aimed at supporting innovative startups committed to combatting climate change and addressing various sustainability challenges.Read more
ITeS industry poised for steady growth amid global challenges
The industry's expansion is expected to be driven by transition to non-voice services within the CRM segment, a surge in digital payments in the transaction services sector, and the evolution of analytics-based offerings in the KPO domain.Read more
Towards building a sustainable economy with the ‘Triple Supply Chain’
The increased consciousness of corporate management of the harm done due to unbridled, uncontrolled growth has now put the brakes on waste and inefficiency. Overall, the sustainability movement has led to significant new developments in the handling of supply chains, as well as processes, says R Jayaraman.Read more