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YES Bank introduces an industry first GST backed OD facility for MSMEs through ‘YES GST’
YES Bank, India’s fourth largest private sector bank, announced the launch of ‘YES GST’, an OD (over draft) facility for Micro, Small and Medium Enterprises (MSMEs). Through this first-of-its-kind, industry first initiative, an MSME can avail OD up to Rs 10 million, based on their annual turnover, backed by GST returns.Read more
Institute of Metal Forming and Metal-Forming Machines (IFUM) makes technological advancements in forging
Limited natural resources increase the demand on highly efficient machinery and transportation means. New energy-saving mobility concepts call for design optimisation through downsizing of components and choice of corrosion resistant materials possessing high strength to density ratios.Read more
IMTEX Forming 2018 paves way for technological advancements
The event, held along with Tooltech, generated business orders worth Rs 539 crore. A report…Read more
ABB AbilityTM knowledge manager delivers the benefits of digital to mining and cement operations
ABB announced today the latest version of its well-established Knowledge Manager software, which has helped mining and cement customers around the world improve the performance of their operations and equipment and the safety of their on-site personnel for decades. Read more
Asahi India Glass Ltd announces commencement of its commercial production at Taloja plant
In a move aimed at further strengthening the position of Asahi India Glass (AIS) as India’s leading value-added and integrated glass company, AIS is all set to commence production at the company’s Taloja plant. Along with the company’s fifth auto glass plant in Gujarat, the AIS Taloja plant will further add to the scale and flexibility of AIS in providing seamless supplies to customers in the architectural and auto segments, which includes all leading automotive OEMS.Read more
ISHRAE conducts Harit-Jal-Vaayu - A seminar to explore advancement in green engineering
Pioneers in offering contemporary solutions, Indian Society of Heating, Refrigerating and Air Conditioning Engineers (ISHRAE) organised Harit-Jal-Vaayu on 4th August 2017, at The Leela, Mumbai. The seminar, hosted by Mihir Sanghavi, Treasurer, ISHRAE Mumbai Chapter, focussed on the seismic advancements in the practices adopted to promote green practices, sustainability, conservation of resources, energy-water efficient practices and innovative technologies to improve indoor environmental qualityRead more
Specifying a replacement hydraulic pump
Pumps for hydraulic applications are highly specialised towards certain applications and environments, a reality which must be noted by the MRO professional. While a pump may achieve certain certifications such as those outlined by DNV GL, Lloyds and API which can guarantee a certain level of competency, how does this actually translate to specifying a replacement for a particular application?Read more
Honda exhibit and announcements at CES ASIA 2017
A concept automated EV commuter vehicle equipped with artificial intelligence (AI) technology called an "emotion engine." NeuV makes judgments about the driver's state of stress based on facial expressions and/or tone of voice and provides assistance to the driver to support safe driving. Moreover, NeuV will learn the lifestyle and driver preferences and suggest different options depending on the situation. Furthermore, Read more
Dalmia Cement partners for India's longest bridge
Dalmia Cement (Bharat) Ltd. supplied 17,000 tonnes of the highest grade cement for this milestone project realised through a consortium of companies. This demonstrates the excellence of its manufacturing prowess, exceptional quality, strong delivery mechanisms and the high degree of trust the company enjoys with multiple stakeholders.Read more