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Set up Oxygen Cylinder at home with DesignTech’s AR based App DesignTech Systems announced the launch of a free Augmented Reality (AR) based App for Covid-19 patients and families to set-up oxygen cylinder at home. This ‘Oxygen cylinder setup guide’ app will specifically help people install and administer oxygen at home for Covid patients. At critical times when the families are having to administer the oxygen to Covid-19 patients at home,...

Former Mahindra MD Pawan Goenka joins Bosch and Sun Pharma Pawan Goenka, former managing director of Mahindra & Mahindra, retired on April 1 from the company, has joined the board of technology and engineering company Bosch as an independent director and board of pharma major Sun Pharmaceutical as an additional independent director. “Based on the recommendations of the nomination and remuneration committee and subject to the approval of shareholders, the Board...

Havells net profit rises 71% to Rs 304 Cr in Q4 Havells India Limited, a leading Fast Moving Electrical Goods (FMEG) Company, reported 70.95 per cent rise in consolidated net profit at Rs 302 crore for the fourth quarter ended March 31, 2021. The company had posted a net profit of Rs 177 crore in the year-ago period, Havells said in a statement. Commenting on the financial performance Anil Rai Gupta, Chairman...

Volvo CE takes big step towards a carbon neutral future   As part of the company’s commitment to the Science-Based Targets initiative – a necessary measure to meet the goals of the Paris Agreement – and the Group’s long-term ambition to be 100% fossil-free by 2040, this pioneering investment will offer Volvo Group unique conditions to test and develop hydrogen fuel cell technology solutions in heavy construction machines and other applications. The...

Schneider Electric launches new-age EcoStruxure 43U C-Series Micro Data Center Schneider Electric announced an expansion of the EcoStruxure Micro Data Center C-Series with the new 43U, offering the greatest capacity in the company’s commercial and office line of micro data centers. Featuring intelligent cooling technology for enhanced protection and energy efficiency, the new 43U C-Series is the only solution on the market that automatically switches between three cooling modes depending...

LED Lighting Market: Industry Trends The effectiveness of the equipment and appliances used in businesses and homes has expanded enormously in recent years. But, there is still a lot that should decrease the amount and moderate energy consumption growth in commercial and residential buildings. In the present market state, LEDs have acquired a new height in the lighting market. Key variables behind this are the consistent declining LED costs in the...

Eaton’s AFDD+ protects your home against electrical fire As per the National Crime Records Bureau, about 60 people die every day in India due to fire accidents and a significant percentage of all fires are caused by electrical defects.  Recently, 10 fire accidents took place in hospitals, including three each in Mumbai and Gujarat, one each in Chhattisgarh, Andhra Pradesh, Uttar Pradesh and Madhya Pradesh. Reports suggest that nine out...

NHPC to acquire 2% equity of PTC India in Chenab Valley Power Projects State-run NHPC announced that it has got approval of the concerned authority to acquire the entire 2% equity stake of PTC India in Chenab Valley Power Projects Private Ltd (CVPPPL). After the acquisition of the additional 2% stake, CVPPPL will become a subsidiary company of NHPC with 51% share. “Ministry of Power vide its letter dated 12.05.2021 has...

Is India on a delusional path to progress? With the advent of the novel Coronavirus, the Indian economy is witnessing a major slowdown. While the nation is fighting the virus with all its might, businesses across sectors are reeling under the tremendous pressure of sustaining themselves. The ground reality of the Indian solar sector is no different. Even though the country has the potential to disrupt global frontiers in the...

Siemens reports 29.6% rise in Q2 revenue For the second quarter of Financial Year 2021 ended March 31, 2021, Siemens Limited registered New Orders from continuing operations of Rs. 3,309 crore, registering a 16.9% increase over the same period last year. Revenue from continuing operations was Rs. 3,298 crore, a 29.6% increase over the same quarter in the preceding year. The Company reported Profit before Tax from continuing operations of...

Molten salt might cut solar power costs Solar power accounts for about 2% of U.S. electricity, but it could become more widespread if it were cheaper to generate this electricity and make it readily available on cloudy days and at nighttime. To lower those costs, Purdue University engineers are developing ways to improve how facilities called concentrated solar power plants produce electricity. These plants provide power at off-peak times by storing...

Solar, wind power made strong gains in 2020: IEA Renewable sources of electricity such as wind and solar grew at their fastest rate in two decades in 2020 and are set to expand in coming years at a much faster pace than prior to the pandemic, according to a new report by the International Energy Agency. The growth in Europe and the United States will be even brisker than previously...

Best Power Equipments supplied 2,000 UPS amidst Covid Noida-based Best Power Equipments (BPE) announced that the company supplied 2,000 number of UPS and power back-up solutions during COVID. Amidst the crisis, BPE was able to deliver UPS to large hospitals, Covid testing centres, telecom, paper mills, government undertaking and airports across the country. They delivered at Hinduja Hospital (20KVA UPS to Covid 19 testing centres), AIIMS Patna Hospital (100 KVA),...

India’s Neuberg Diagnostics launches its first Laboratory in US Neuberg Diagnostics, a global laboratory testing group, announced the start of its clinical laboratory operations in North Carolina in the USA. The laboratory, known as NCGM, Inc. (Neuberg Centre for Genomic Medicine), will focus on genomic and molecular testing based on new generation sequencing techniques. It also runs an extensive network of labs in India, South Africa, and the UAE as...

Breakthrough, Climate-Friendly ACs: Winners of the Global Cooling Prize Announced A global coalition initiated by the Government of India, Mission Innovation, and RMI announced the winners of the Global Cooling Prize, an international innovation competition to develop super-efficient and climate-friendly residential cooling solutions. Gree Electric Appliances, Inc. of Zhuhai with partner Tsinghua University; and Daikin with partner Nikken Sekkei Ltd. emerged as the two winners among eight Finalists after shattering...