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Transrail Lighting Q1 FY26 PAT Doubles, Revenue Up 81% Mumbai | Tuesday, August 5, 2025 – Transrail Lighting Limited, a leading EPC company in India with a strong focus on the Power Transmission & Distribution (T&D) sector, has reported a robust financial performance for the first quarter of FY26, ending June 30, 2025. The company recorded an impressive 81% year-on-year growth in operational revenue, reaching ₹1,660 crore compared to ₹916...

Medistep Healthcare IPO to open on Aug 8 The Initial Public Offer (IPO) of pharmaceutical company Medistep Healthcare Limited will open on Friday, August 8. The issue will remain open for subscription till Tuesday, August 12. The share will be listed on NSE SME platform on Monday, August 18. Fast Track Finsec Private Limited is the Lead Manager of the issue while Cameo Corporate Services Limited is the Registrar to the...

ABB India marks 30 Years of NSE Listing ABB India Limited, a leading player in electrification and automation, celebrated 30 years of its listing on the National Stock Exchange (NSE) with a ceremonial bell-ringing event at NSE Mumbai. The event was graced by Ashishkumar Chauhan, MD & CEO of NSE, and Sanjeev Sharma, Country Head and Managing Director, ABB India, alongside senior leaders from both organizations. Listed on February 8, 1995,...

Quality Power Wins ₹11.5 Cr US Order for Reactors Amid global trade shifts and supply chain realignments, Quality Power Electrical Equipments Ltd., a leading manufacturer of high-voltage power equipment, has landed a significant export order worth approximately ₹11.5 crore (~USD 1.39 million). The contract involves the supply of oil-filled current limiting reactors to the United States and was awarded by a Fortune 500 European engineering firm. The order will be fulfilled...

Delhi Govt Calls for PPP in Urban Infrastructure Development 17th NAREDCO National Convention Set to Spotlight Regulatory Reforms, Urban Transformation, and Real Estate Growth New Delhi, 1st August 2025: As India pushes forward its urbanisation and housing ambitions amid rapid demographic and economic shifts, the National Real Estate Development Council (NAREDCO) today announced the 17th edition of its flagship National Convention, scheduled for August 29–30, in New Delhi. With the theme...

ABB India, THINK Gas Announce Strategic Partnership ABB India Ltd has successfully commissioned its ABB Ability SCADAvantage solution for THINK Gas Pvt. Ltd. (formerly AG&P Pratham), enabling end-to-end automation and digitalization of their City Gas Distribution (CGD) network spanning ten Indian states. The network spans 19 Geographical Areas (GAs) across Andhra Pradesh, Bihar, Himachal Pradesh, Karnataka, Kerala, Madhya Pradesh, Punjab, Rajasthan, Uttar Pradesh, and Tamil Nadu, comprising 500+ CNG stations,...

AI Adoption Soars in Life Sciences Manufacturing Amid Rising Challenges As challenges mount across the life sciences sector, manufacturers are rapidly embracing advanced technologies, particularly artificial intelligence (AI), to stay competitive. According to Rockwell Automation, Inc. - the global leader in industrial automation and digital transformation - smart technology adoption is becoming critical as the industry grapples with labor shortages, cybersecurity risks, and complex regulatory demands. Life sciences manufacturers are working...

Gainwell Commosales Adds 11 Dealer Outlets Across India New partnerships bring 250+ years of combined construction equipment expertise to serve customers nationwide Gainwell Commosales Pvt. Ltd., a leading provider of infrastructure solutions across construction, mining and energy sectors, has announced the appointment of experienced dealers across 11 strategic locations in India and neighbouring regions. This expansion significantly strengthens the company's ability to serve customers with locally manufactured, world-class construction equipment including...

USA-based Varex Imaging opens 2nd manufacturing unit at AMTZ Vizag In a significant boost to India’s medical imaging capabilities, Varex Imaging Manufacturing India Private Limited—a subsidiary of Varex Imaging Corporation (USA)— started its second advanced manufacturing facility at Andhra Pradesh MedTech Zone (AMTZ). The formal groundbreaking ceremony graced by Dr. Jitendra Sharma, MD and Founder-CEO of AMTZ; Andrew Hartman, Global Senior Vice President – Detectors, Varex Imaging Corporation and Vivek...

Semicon Startup Netrasemi Raises ₹107 Cr from Zoho, Unicorn India Kerala-based Semiconductor startup Netrasemi has raised Rs 107 crore in Series A round from Zoho Corporations Ltd and Unicorn India Ventures. “Funds raised will be used for accelerating research and development initiatives, expand manufacturing capabilities, enhance marketing efforts to capture larger domestic and global market share, bring four system-on-chip (SoC) variants with advanced AI and video analytics features into production...

India's Construction Equipment Sales Dip 5% in Q1 FY26; Exports Surge 34% The Indian Construction Equipment (CE) industry recorded total sales of 28,687 units in Q1 FY26 (April–June 2025), reflecting a marginal 1% year-on-year (Y-o-Y) decline and a 30% quarter-on-quarter (Q-o-Q) drop from Q4 FY25. Domestic sales in Q1 FY26 stood at 24,809 units, nearly 5% lower compared to 26,020 units sold in Q1 FY25, and even lower than the...

How artificial intelligence is revolutionizing production | EMO Hannover 2025 Industrial manufacturing is undergoing a change for the ages. Artificial intelligence (AI) is finding its way into machine tools and is not only changing production processes, but also the maintenance of machines. AI is becoming the control center for efficient, sustainable and competitive production. In times of skills shortages and international competitive pressure, it is far more than just a...

“Unified Policy Needed to Boost Medical Tourism in India” Experts from the medical industry urged for a single-window platform to promote medical tourism in India. According to Dr. Sunil Khetarpal, Director of the Association of Healthcare Providers (India), "A unified national policy is essential to provide a standardized experience for international patients. India's medical tourism sector is highly fragmented, with six ministries and multiple sectors involved." Speaking at the session on...

ANCA appoints Raghavendra Koneri as New Branch Manager – India ANCA CNC Machines, a global leader in the design, manufacture, and service of advanced CNC grinding machines, announced the appointment of Raghavendra Koneri as the new Branch Manager for India, effective July 1, 2025. With over 17 years of experience in the industrial sector, Raghavendra brings a strong background in manufacturing, quality, machine building, application engineering, and sales. He has successfully...

Hans Beckhoff receives Rudolf Diesel Medal Hans Beckhoff, Managing Director and founder of Beckhoff Automation, a technology company headquartered in Verl, has been honoured with the widely acclaimed Rudolf Diesel Medal 2025. Hans Beckhoff received this prestigious award in the Most Successful Innovation Achievement category at the award ceremony held at the MAN Museum in Augsburg on July 10. This medal honours him as a visionary pioneer in automation technology. The...