Manufacturing

Vedanta rolls out scheme for MSMEs under ‘Saathi’ programme Vedanta Limited has rolled out an attractive promotional scheme for Micro, Small and Medium Enterprises (MSMEs) in the manufacturing industry in celebration of the World MSME Week. Under the company’s Vedanta Saathi programme, MSMEs can avail a discount of INR 500 per tonne on the first 500 tonnes of purchase in Aluminium, Zinc, Lead, Silver, Steel and Pig Iron, on first come...

Tata Motors to launch 10 electric vehicles by 2025 N Chandrasekaran, Chairman, Tata Motors during a message to the shareholders, announced that the auto manufacturer has plans in pipeline to launch 10 new battery electric vehicles (BEVs) in its product portfolio by 2025. As on date, Tata retails two electric cars, one is that the Tata Nexon EV, the simplest selling electric vehicle within the country and therefore the Tata...

IIT-Kanpur, PGI Lucknow join hands to line up healthcare robotics CoE The Indian Institute of Technology, Kanpur, (IIT-K) has and Sanjay Gandhi Postgraduate Institute of Medical Sciences (SGPGIMS), Lucknow, have signed a memorandum of understanding (MoU) to advance innovation in accessible healthcare through indigenous solutions. Under the MoU, the institutes will found out a centre of excellence (CoE) in telemedicine and healthcare robotics to nurture smart healthcare with an overarching objective...

Ola Scooter goes on a ride; launch imminent In the run up to an imminent launch, the Ola Scooter went on a ride on a recent Sunday morning in Bangalore. Ola Chairman and Group CEO Bhavish Aggarwal took the scooter out for a spin and rode by some of the most iconic spots of the city. The Ola Scooter is a leap-frog product, packed with several industry leading innovations including the...

Schmersal India organises Covid-19 Vaccination Drive for Its Employees and Family Members Schmersal India, a wholly owned subsidiary of Schmersal Group, has been successfully keeping Covid-19 at bay since the inception of the pandemic. Schmersal India has proactively implemented several steps such as RT-PCR and antigen testing at the plant, distribution of Covid 19 protection kits and raising awareness about social distancing and importance of face masks. To further safeguard...

Shell acquires full ownership of MachineMax Shell has become the sole owner of MachineMax, acquiring the stakes held by MachineMax’ s two other investors - BCG Digital Ventures and B Capital Group – as well as the company’s two founders. In addition, Shweta Saxena assumes the role of MachineMax CEO. MachineMax helps companies to maximise the profitability and efficiency of their off-highway fleets using smart sensors and next-generation analytics. MachineMax will...

Toyota Kirloskar Motor Signs MoU with ACMA for Training Auto Components Manufacturers In line with its unwavering commitment to contribute to the human development efforts of the automotive industry, Toyota Kirloskar Motor (TKM), announced the signing of a Memorandum of Understanding (MoU) with the Automotive Component Manufacturers Association of India (ACMA). As per the MoU, TKM through its training arm Toyota Learning and Development India (TLDI) will share its best...

Kerala Tops Again In NITI Aayog Sustainable Development Index, Bihar Last Kerala has retained the top rank in NITI Aayog's Sustainable Development Goals (SDG) India Index 2020-21, while Bihar has been adjudged as the worst performer, according to a report released by the government think tank. The SDG index evaluates progress of states and union territories on social, economic and environmental parameters. As per the report, Mizoram, Haryana, and Uttarakhand are...

MRF records Rs. 1,700 Cr standalone profit before tax MRF’s standalone total income is Rs 16,128.58 crores for the year ended 31st March 2021, as compared to Rs. 16,321.64 crores in the previous year. The standalone profit before tax stood at Rs. 1,700.27 crores for the year ended 31st March 2021, as against Rs. 1,399.32 crores for the previous financial year. Tax expense for the year is Rs 451.21 crores...

Beckhoff Automation successfully concludes its webinar series Motion Platform 2021 - Drive technology in practice Beckhoff Automation successfully concluded the webinar series “Motion Platform 2021 -Drive technology in practice” starting 10 to 14 May. Around 248 customers registered for the 5 days event. Participants from factory automation, manufacturing industry, technology-focused industrial automation companies attended the 5-day event. Attendees were from Tamil Nadu, Gujarat, Maharashtra and North India. The webinar topics included Tools...

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...