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Freudenberg Group’s operating profit reaches €1.1 billion

Freudenberg Group's operating profit reaches €1.1 billion Freudenberg Group, which commemorates its 175th anniversary year in 2024, today reported record growth in revenues and operating profits for the financial year 2023. Freudenberg achieved sales of €11,902.8 million, 1.3 % higher than the previous year's figure of €11,753.1 million. The operating profit of €1,081.6 million showed a significant increase of about 15 percent, compared to the previous year's €941.8 million. The...

FEMWORX jury nominates four women for Engineer Woman Award

FEMWORX jury nominates four women for Engineer Woman Award Every year at HANNOVER MESSE, Deutsche Messe presents the Engineer Woman Award to female experts who have made a special contribution to scientific and technical disciplines. For the first time, an independent jury consisting of members of the FEMWORX Congress Advisory Board, has nominated four women for the Engineer Woman Award. The winner will be announced on April 25 at the...

Adani Green becomes India’s 1st company to surpass 10,000 MW renewable energy capacity

Adani Green becomes India’s 1st company to surpass 10,000 MW renewable energy capacity Adani Green Energy Limited (AGEL) on Wednesday announced that it has surpassed 10,000 megawatts (MW) of operational portfolio, delivering reliable, affordable, and clean power to the national grid. AGEL’s operational portfolio consists of 7,393 MW solar, 1,401 MW wind and 2,140 MW wind-solar hybrid capacity. “The milestone is a testament to AGEL and its development partners firmly moving...

Bengaluru’s Bommasandra Metro Station to be named after Delta India

Bengaluru’s Bommasandra Metro Station to be named after Delta India To commemorate its 20th anniversary in India, Delta Electronics India Pvt Ltd (Delta India) announced a partnership with Bangalore Metro Rail Corporation Limited (BMRCL). The two entities have signed a Memorandum of Understanding (MoU) for the naming rights of the Bommasandra Metro Station on the yellow line of RV Road to Bommasandra Line (Reach-5) as part of Phase-II of the...

Finolex Cables launches halogen free industrial cables

Finolex Cables launches halogen free industrial cables Finolex Cables announced the launch of FinoGreen Eco-Safe Single Core Halogen Free Flame Retardant (HFFR) Industrial cables. These eco-conscious wires, crafted from recyclable raw materials, emit minimal smoke and contain zero halogens, aligning perfectly with Finolex Cables' unwavering commitment to sustainability, the company claims. Manufactured with specially formulated Thermoplastic insulation HFI-TP 70, the FinoGreen wires boast low smoke and zero halogen emissions, further enhancing...

Herbalife India partners with IIM Bangalore to set up Supply Chain Sustainability Lab

Herbalife India partners with IIM Bangalore to set up Supply Chain Sustainability Lab Herbalife India with the Indian Institute of Management Bangalore (IIMB) to establish a cutting-edge Supply Chain Sustainability Lab. Launched in 2023, this collaborative effort aims to advance sustainable supply chain practices, dissemination, and advocacy though research and development initiatives. Herbalife India and the IIM-B Supply Chain Sustainability Lab are leading the charge for sustainable supply chains, tackling...

Tata Technologies, BMW form JV for developing automotive software, business IT solutions

Tata Technologies, BMW form JV for developing automotive software, business IT solutions BMW Group and Tata Technologies have announced that they have signed an agreement to form a Joint Venture (JV) with the aim to establish an automotive software and IT development hub in Pune, Bengaluru and Chennai. “The execution of the JV agreement is subject to review and approval by the relevant authorities. The main development and operations activities shall...

Socomec Greater India appoints Nida Khanam as HR Head

Socomec Greater India appoints Nida Khanam as HR Head Socomec, a global specialist in low voltage (LV) power management, announced the appointment of Nida Khanam, an accomplished HR professional with two decades of experience, as the HR Head for Greater India region (India, Srilanka, Bangladesh, Maldives, Bhutan & Nepal). Nisha Gupta Malhotra, who previously held this role, will now support the mission of Environmental, Social, and Governance (ESG) in the...

Waaree bags 220MW solar PV Modules order from Sprng Energy

Waaree bags 220MW solar PV Modules order from Sprng Energy Waaree Energies announced signing a contract with Sprng Energy, a Shell group company, to supply 245MW of solar PV modules. The association entails Waaree supplying 220MW of AHNAY Series, Bi-55 545Wp modules, to be utilized for Sprng’s project in Gujarat. Sprng Energy, is a renewable energy platform in India, set up in 2017. The company has renewable energy projects spanned across...

HANNOVER MESSE: Premiere for the Embedded Park

HANNOVER MESSE: Premiere for the Embedded Park The Embedded Park is celebrating its premiere at HANNOVER MESSE. The latest technologies and developments on the subject Embedded will be presented, ranging from edge computing, embedded vision, software solutions, components and modules to electronic displays. The exhibitors include OSADL – The community for Open Source in the industry. The Open Source Automation Development Lab (OSADL) eG provides everything that is needed to use,...

Udaipur Cement Works inaugurates new cement mill at Dabok plant

Udaipur Cement Works inaugurates new cement mill at Dabok plant Udaipur Cement Works Limited (UCWL), a subsidiary of cement major JK Lakshmi Cement Ltd., has announced the inauguration of Cement Mill IV at its Dabok Plant in Udaipur, Rajasthan. The new plant is expected to increase UCWL's production capacity, from current 2.2 million MT to 4.7 million MT. "This expansion not only strengthens our position in the cement industry but also...

ABB India turns half of its manufacturing locations ‘water positive’

ABB India turns half of its manufacturing locations ‘water positive’ ABB India announced that its Peenya campus in Bengaluru has been certified water positive by the Green Rating for Integrated Habitat Assessment (GRIHA) Council. With this, three out of its six manufacturing locations are now ‘water positive’. Their Peenya campus has a water positivity index of 1.05, demonstrating its contribution towards replenishing a much greater quantity of water for the...

First Ambani & Adani Pact: Reliance acquires 26% stake in Adani’s power unit for Rs 50 Cr

Reliance Industries has taken a 26% stake in Adani Power’s Mahan Energen Ltd. for ₹50 crore, marking the first-ever collaboration between Mukesh Ambani and Gautam Adani. The deal includes a 500 MW captive power agreement and signals a new chapter in India’s energy sector, where two of the country’s biggest conglomerates join forces for sustainable power growth.

Schneider Electric collaborates with NVIDIA on designs for AI Data Centers

Schneider Electric collaborates with NVIDIA on designs for AI Data Centers Schneider Electric today announced a collaboration with NVIDIA to optimize data center infrastructure and pave the way for groundbreaking advancements in edge artificial intelligence (AI) and digital twin technologies. Schneider Electric will leverage its expertise in data center infrastructure and NVIDIA’s advanced AI technologies to introduce the first publicly available AI data center reference designs. These designs are set to...

BKT Tires partners with 7 IPL teams

BKT Tires partners with 7 IPL teams BKT Tires, an Indian multinational company and a global player in the off-highway tire market, announced its partnership with seven Indian Premier League (IPL) cricket teams for the ongoing season. Alongside its inaugural collaboration with Lucknow Super Giants, BKT reinforces its enduring backing for Mumbai Indians, Kolkata Knight Riders, Punjab Kings, Rajasthan Royals, Sunrisers Hyderabad and Gujarat Titans. Rajiv Poddar, Joint Managing Director of...
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ELEMENT 400 CNC Plasma Cutting Machine by Messer | Product Spotlight

ELEMENT 400 CNC Plasma Cutting Machine by Messer | Product Spotlight Looking for faster, cleaner, more reliable cuts on your shop floor? Meet the ELEMENT 400...
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