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Industry News Articles Current Technical Analysis, Views & Updates

Mumbai Coastal Road to give fillip to western suburbs realty: Realtors

Mumbai Coastal Road to give fillip to western suburbs realty: Realtors The city that never sleeps is on the cusp of a significant transformation. Maharashtra Chief Minister Eknath Shinde, Deputy Chief Ministers Devendra Fadnavis and Ajit Pawar inaugurated the Mumbai Coastal Road Project (MCRP) and opened 9.5 kilometres of its entire stretch of 10.58 kilometre for vehicular movement, at Worli today in Mumbai. The project, a state-of-the-art expressway stretching along...

ABB, CERN identify 17.4% energy-saving opportunity in cooling & ventilation motors

ABB, CERN identify 17.4% energy-saving opportunity in cooling & ventilation motors ABB and CERN, the European Laboratory for Particle Physics, have identified significant energy-saving potential through a strategic research partnership focused on the cooling and ventilation system at one of the world’s leading laboratories for particle physics institute, located in Geneva, Switzerland. The study included energy efficiency audits which have helped to identify a savings potential of 17.4 percent across...

CM Shinde inaugurates Vile Parle Flyover

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

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...

HANNOVER MESSE will present intelligent robot systems at Application Park

HANNOVER MESSE will present intelligent robot systems at Application Park One of the highlights at this year's HANNOVER MESSE will be the Application Park. There, it will be possible to view intelligent robot systems, autonomous driving devices in operation, the latest AI applications in robotics, image recognition tools and virtual platforms. Götting KG from the town of Lehrte will be among the exhibitors. The company has been developing and producing sensors...

HMD launches Dispojekt safety needle syringes to curb Needle Stick Injuries

HMD launches Dispojekt safety needle syringes to curb Needle Stick Injuries Hindustan Syringes and Medical Devices (HMD), one of the leading manufacturers of disposable and AutoDisable syringes in the world, has launched Dispojekt single use syringes with safety needle that is designed to reduce prevalence of accidental Needle Stick Injuries (NSIs) among health workers. “Equipped with a safety shield (SIP Shield), Dispojekt syringe addresses critical concerns of needle stick injuries and reaffirms our commitment...

Maharashtra CM hands over keys of 961 residential flats to Project Affected Persons

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...

Samsung Semiconductor India opens new R&D facility in Bengaluru

Samsung Semiconductor India opens new R&D facility in Bengaluru Samsung Semiconductor India Research (SSIR) announced the opening of its new R&D facility in Bengaluru. This is SSIR's second office in Bengaluru, with a capacity to accommodate close to sixteen hundred professionals. Located at Bagmane Capital Tech Park in Angkor-West, the facility spans 1,60,000 sq. ft. across four floors. The new campus features a modern, open-plan layout across four floors, encouraging collaboration...

ELECRAMA 2025 to take place on 22-26 Feb, 2025 in Greater Noida

ELECRAMA 2025 to take place on 22-26 Feb, 2025 in Greater Noida IEEMA, Indian Electrical & Electronics Manufacturers’ Association, the apex association of manufacturers of electrical and industrial electronics and allied equipment in India, formally announced the 16th edition of ELECRAMA, the world’s largest electrical show. The show is scheduled from 22nd to 26th February 2025 in Greater Noida and the theme is “Reimagining Energy for Sustainable Future”. The event aims...

Cognizant CEO highlights Generative AI’s Power to Shape the Future of Work

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...

Adani Defence & Aerospace inaugurates Ammunition & Missiles Complex in Kanpur; invests Rs. 3,000 Cr

Adani Defence & Aerospace inaugurates Ammunition & Missiles Complex in Kanpur; invests Rs. 3,000 Cr Adani Defence & Aerospace, the flagship defence company of the Adani Group, has inaugurated two mega facilities to manufacture ammunition and missiles in Kanpur, Uttar Pradesh. The facilities – South Asia’s largest – were inaugurated by Uttar Pradesh Chief Minister Yogi Adityanath. Spread over 500 acres, the facility in Kanpur is set to become one of...

OpenAI’s Jason Kwon advocates for safe AI deployment | GBS

OpenAI's Jason Kwon advocates for safe AI deployment | GBS In a thought-provoking session titled “Mind, Machine, Mankind: AI and Us” at the ET Now Global Business Summit, Jason Kwon, Chief Strategy Officer at OpenAI, shared insights that illuminate the transformative potential of artificial intelligence (AI) in shaping the future. OpenAI, with its year-old venture, has set a mission to leverage cutting-edge technology for the betterment of humanity. Kwon’s discourse delved...

GrindingHub 2024 to bring over 460 exhibitors from 31 countries

GrindingHub 2024 to bring over 460 exhibitors from 31 countries GrindingHub is set to open its doors for the second time to grinding experts from all over the world from 14 to 17 May. Over 460 exhibitors from 31 countries will be presenting their latest grinding technology solutions in Stuttgart – now in four exhibitions halls for the first time. The event will be about more than just technical products...

India’s active role on global stage attracts deeper partnerships in defence, aviation, & space: Airbus CEO | GBS

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...

Norway: Pioneering the Green Industrial Transition

Norway: Pioneering the Green Industrial Transition With special emphasis on clean energy and industry 4.0, a selection of companies will demonstrate Norway’s ambitions for a low carbon society and its key role in developing solutions necessary to transform the industry and reach net-zero. Norway is honored to be a partner country at the Hannover Messe. Norway’s highly skilled work force, advanced industry and energy technology, as well as high degree of...
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