Infrastructure

CM Shinde inaugurates Vile Parle Flyover Maharashtra Chief Minister Eknath Shinde on Saturday inaugurated the newly constructed Vile Parle Flyover on the Western Express Highway (WEH). The newly inaugurated 2-lane One-way Flyover constitutes a length of 790 m, including the length of the approaches, has been developed to ease the movement of traffic headed towards Bandra from the International Airport T2, thereby preventing traffic congestion on the WEH. Commenting on this,...

Domestic steel consumption could decelerate to 7-8% in FY2025: ICRA Elevated input costs, import pressures, along with softer steel prices expected to sequentially pull down the steel industry’s operating profit margins by 110-115 basis points in FY2025 According to the rating agency ICRA’s latest research note, domestic steel consumption growth is expected to slow down to 7-8% in FY2025 (as against 12-13% in FY2024E), bucking the trend of the previous few...

Maharashtra CM hands over keys of 961 residential flats to Project Affected Persons The Mumbai Metropolitan Region Development Authority (MMRDA) has allotted 961 residential flats to Project Affected Persons (PAPs) through the Airport Slum Rehabilitation Project at Kurla Premier Compound. Maharashtra Chief Minister Eknath Shinde facilitated the distribution of the keys and allotment letters to 10 PAPs on Tuesday. Commenting on the occasion, the Chief Minister said, “Every Project Affected Person...

Cognizant CEO highlights Generative AI’s Power to Shape the Future of Work At the ET Now Global Business Summit 2024, Ravi Kumar S, Chief Executive Officer of Cognizant, delivered a thought-provoking session highlighting the transformative power of Generative AI in shaping the future of work. Ravi emphasized, "Cognizant, a Fortune 500 company with a workforce primarily based in India, is at the forefront of leveraging technological advancements." With a significant...

India's active role on global stage attracts deeper partnerships in defence, aviation, & space: Airbus CEO | GBS In the dynamic landscape of global geopolitics and economic intricacies, India has evolved from a passive observer to an active participant, notably in global affairs and partnerships. Michael Schoellhorn, Chief Executive Officer of Airbus Defence and Space, talked about this partnership at the ET Now Global Business Summit 2024 in a session...

Finolex Cables Makes Major Investment of Rs. 580 Crores to Expand Presence in Maharashtra Finolex Cables Ltd., a prominent player in the optic fibre cables industry, has entered into a formal agreement with the Department of Industries, Government of Maharashtra, signaling a significant step towards promoting economic growth. This partnership involves a substantial investment of Rs. 580 crores by Finolex Cables, representing a significant milestone in the company's expansion efforts...

Continental Tires displays fusion of sustainability & strength in mobility solutions at Bharat Mobility Expo Continental Tires held an exhibition of its latest tire technology and mobility solutions with a focus on safety, sustainability, and high performance at the Bharat Mobility Expo 2024 in New Delhi. The event witnessed various domestic and international stakeholders from the auto sector including customers, suppliers and distributors, businesses (B2B and B2C), investors, and other...

ET Now Global Business Summit 2024 | Business Titans and Visionaries to discuss Disruption, Development, and Diversification India Inc. has marked its calendar for the 8th Edition of The Times Group presents ET Now Global Business Summit, an esteemed gathering recognized as one of the largest of its kind in Asia. Set against the backdrop of Taj Palace in New Delhi, India, this influential summit will take place on the...

PM Modi to set vision for New India at Global Business Summit 2024 Prime Minister Narendra Modi will set his vision for a New India at the 8th Edition of The Times Group Global Business Summit (GBS) and will be complimented by other key Cabinet Ministers that will underscore that goal for the country, an official statement said. GBS 2024, one of the largest conclaves of its kind in Asia, is...

Tata Motors presents ‘Future of Mobility’ portfolio at Bharat Mobility Global Expo 2024 Tata Motors, India’s leading automobile and mobility company, is exhibiting an impressive array of present and future ready vehicles and solutions designed to revolutionise personal mobility, people mobility, and cargo transport at the Bharat Mobility Global Expo 2024 being held from 1-3 February at the Bharat Mandapam, New Delhi. Speaking about the Tata Motors commercial vehicles display at...

NABL grants accreditation to Aliaxis Research and Technology Center Asia Laboratory, Bengaluru Center supporting Indian plumbing major Ashirvad Pipes receives prestigious ISO 17025 certification The National Accreditation Board for Testing and Calibration Laboratories (NABL) has awarded Aliaxis Research and Technology Center Asia Laboratory in Bengaluru (R&T Laboratory of Ashirvad Pipes Private Limited) the International Organization for Standardization ISO 17025 accreditation. Aliaxis Research and Technology Center Asia Laboratory, the research lab supporting Ashirvad...

Danfoss, Google announce partnership on AI & energy efficiency Danfoss, the Danish multinational engineering group to leverage generative AI with Google to transform customer experience and streamline internal processes. Danfoss and Google today announced a strategic partnership to make use of the latest advances in artificial intelligence (AI) and promote energy efficient solutions in data centers. Under the partnership, Danfoss, the Danish multinational engineering group, will use Google Cloud’s generative AI capabilities...

MMRDA signs MoU with Netherlands Govt. at World Economic Forum MMRDA has signed an MoU with the Ministry of Infrastructure and Water Management, Government of Netherlands to enforce sustainable urban development in the MMR at the World Economic Forum, Davos 2024. “This Joint Declaration was envisioned to promote cooperation between MMRDA and the Government of the Netherlands in relation to guiding the sustainable development of the MMR. The Joint Declaration entails...

PM inaugurates Vibrant Gujarat Global Summit Prime Minister Narendra Modi inaugurated the 10th edition of Vibrant Gujarat Global Summit 2024 at Mahatma Mandir, Gandhinagar Prime Minister Narendra Modi inaugurated the 10th edition of Vibrant Gujarat Global Summit 2024 at Mahatma Mandir, Gandhinagar today. The theme of this year’s summit is ‘Gateway to the Future’ and includes the participation of 34 partner countries and 16 partner organizations. The Summit is also being...

BKT Launches Advanced Mobility Solutions  at EXCON 2023 BKT, a vertical of Balkrishna Industries Ltd., an Indian multinational company and a global player in the Off-Highway tire market, introduced advanced All-Steel Radial tires at EXCON, the South-Asian trade fair held in Bengaluru. Elaborating on the ‘Bharat Ka Tire’ campaign Rajiv Poddar, Joint Managing Director, Balkrishna Industries Ltd. said, "At BKT, 'Bharat Ka Tire' is more than a campaign name; it's a...