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Greaves Cotton announces Q1, FY24 earnings, EBITDA stood at Rs 45 Cr
Greaves Cotton saw a growth of 63 per cent y-o-y, and improvement in margins by 4 bps to 11.3 per cent. Company’s new acquisition Excel's revenue stands at Rs 39 crores with robust margins.Read more
GeM become one of the largest public procurement portal, marks 7 years
Government e-Marketplace (GeM) is India's online marketplace for public procurement. It commemorates its 7th Foundation Day and marks achievements in both transaction value and the breadth of the buyer-seller ecosystem.Read more
Amara Raja lays foundation stone for E Positive Energy Labs
Amara Raja’s advanced energy research and innovation centre is located at GMR Aerocity near Hyderabad airport.Read more
SIAM organises International Conference on Fuelling the Future towards Sustainability
Society of Indian Automobile Manufacturers (SIAM) hosted an international conference focused on "Fuelling the Future towards Sustainability: Observing World Biofuels Day 2023"Read more
Waaree Energies raises Rs 1000 cr in 2nd round of equity funding
The investment round was led by ValueQuest, an investment firm known for its strategic focus on sustainable and progressive ventures.Read more
Maha govt, Tata Power to develop 2800 MW Pumped Hydro Storage Projects
With a proposed total investment of approximately Rs 13,000 crore, these projects will support country’s clean energy landscape. Projects to be located at Shirawata, Pune and Bhivpuri, Raigad.Read more
Automotive Component Industry achieves $70 bn turnover in FY23 with 33% growth
Automotive Component Manufacturers Association of India (ACMA) released the data revealing reveals that this achievement surpasses the previous record of Rs 4.2 lakh crore turnover in the fiscal year 2021-22.Read more
BorgWarner secures eHeater business uplift with European OEM
The 800V 3kW high voltage coolant heater optimises battery thermal management to increase battery performance and extend electric vehicle range.Read more
KKR Acquires majority stake in pallet pooling platform LEAP India
The investment builds on strong macroeconomic tailwinds in India that include a focus on modernising, automating, and optimising efficiencies in supply chains and logistics services.Read more
New shuttle functions for product transport system
B&R Industrial Automation presents new shuttles for ACOPOStrak and ACOPOS 6D - Aseptic/Hygienic shuttles opening new market opportunities for machine builders.Read more