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Industry News Articles Current Technical Analysis, Views & Updates

Cabinet Approves Rs 23 Cr for enhancing Health Infrastructure

Cabinet Approves Rs 23 Cr for enhancing Health Infrastructure The Union cabinet has approved a Rs 23,123-crore package for improving health infrastructure to fight COVID-19 as a part of which around 2.4 lakh medical beds and 20,000 ICU ones would be created with a special specialise in paediatric care. Addressing a news conference here after the primary meeting of the Union cabinet following its reshuffle on Wednesday, health minister Mansukh...

NHAI resumes infrastructure investment company project with roadshows

NHAI resumes infrastructure investment company project with roadshows The National Highways Authority of India (NHAI) has started re-engagement with investors for its infrastructure investment company (InvIT), which has been delayed by over a year. The second wave of the pandemic led to a decline of 15-20 per cent in toll revenue in May, which picked up after the lockdown restrictions were eased in June. “We got to apprise domestic and...

Tata Power bags Solar RoofTop project from KSEBL

Tata Power bags Solar RoofTop project from KSEBL Tata Power last week announced that the corporate has been empanelled and won a contract worth ₹400 crore from the Kerala State Electricity Board Limited (KSEBL) on 2nd July, 2021 to develop 64 MW solar rooftop project for domestic consumers across all districts of Kerala. ''As a neighborhood of this agreement, the corporate will implement projects through KSEBL of 80MW for individual households...

Bajaj Chetak electric scooter to be launched soon

Bajaj Chetak electric scooter to be launched soon Bajaj Auto is gearing up to expand the reach of its Chetak electric scooter to more Indian cities. The corporation announced on its social media channels that its battery-powered scooter will continue in Nagpur soon. The company has commenced registrations, while the bookings also are expected to start out soon. Bajaj Auto already sells the scooter in other major Indian cities including...

ABB improves high force charging experience for EV drivers

ABB improves high force charging experience for EV drivers Cutting edge 350 kW Terra HP (high-power) charging stations convey an exceptional encounter of charging for a developing number of EV drivers across North America. The Terra HP Generation III charge post offers a premium accusing encounter of high yield power at low clamor levels, a long accused link of link withdrawal framework, little impression of the client unit, and a...

Financing for development tech new businesses hits seven-year high

Financing for development tech new businesses hits seven-year high Interests in development tech new companies in India hit record-significant levels in 2021. The section got a complete subsidizing of $104.2 million (as of June 15, 2021), the most elevated over the most recent seven years, as per information from Tracxn. "In the event that one glances at the entrance of innovation and digitisation verifiably and around the world, development is one...

NVIDIA Launches UK’s Fastest AI Supercomputer for Healthcare Research

NVIDIA Launches UK's Fastest AI Supercomputer for Healthcare Research NVIDIA dispatched the UK's quickest supercomputer — Cambridge-1, the world's first communitarian, industry-wide framework committed to speeding up medical services and computerized science research utilizing incredible mix of AI and simulation.At the virtual introduction, NVIDIA CEO and organizer Jensen Huang talked about what NVIDIA's $100 million speculation will mean for the UK. He said the framework will empower research forward leaps...

Wavin secures Dura-Line fabricating office in Hyderabad

Wavin secures Dura-Line fabricating office in Hyderabad Wavin, a lines and fittings arrangement supplier for the structure and framework industry, gained the Dura-Line producing office in Hyderabad. With this takeover, the organization will convey its most current arrangements and advances inside India and all through Asia-Pacific. Dura-Line, additionally a piece of Orbia, is a TL-9000 and ISO-9001 appraised producer of high-thickness polyethylene (HDPE) conductors serving the media communications, undertaking, and electrical...

Indian Oil Joins Hands with humsafar in their Journey of ‘Safar20’

Indian Oil Joins Hands with humsafar in their Journey of ‘Safar20’ Indian Oil Corporation  (IOC) along with Humsafar India - a Delhi headquartered start-up that has launched a state of the art-user friendly app for doorstep diesel delivery service called ‘Fuel Humsafar’, has begun doorstep delivery of diesel in 20 litres ‘Safar20’  jerry cans in Karnal in the state of Haryana, for customers seeking diesel in quantities as low as...

Hyderabad Based Start-Up Pure EV Opens Its First Dealership Showroom In Delhi

Hyderabad Based Start-Up Pure EV Opens Its First Dealership Showroom In Delhi PURE EV, provider of electric Two wheeler mobility soultions having its R&D Centre at IIT Hyderabad has opened it’s first flagship store titled EBOX Motors in East Delhi, Nirman Vihar. It's the first store in Nation Capital Region and looking to come up with additional stores to cater all parts of the region having full fledged service centres. PURE...

Hindustan Zinc’s Captive Power Plants win triple Gold at SEEM National Energy Awards

Hindustan Zinc’s Captive Power Plants win triple Gold at SEEM National Energy Awards Hindustan Zinc (HZL), a Vedanta group company has been awarded the Gold Award at SEEM Awards for best efforts towards improving energy efficiency, thereby supporting India’s journey towards climate change and sustainable development. The company’s Chanderiya Lead Zinc Smelter (234 MW), Dariba Smelting Complex Captive Power Plant (160 MW), Zawar Captive Power Plant (90 MW) were felicitated with the...

Volvo Cars reports best ever first half year sales in 2021

Volvo Cars reports best ever first half year sales in 2021 Volvo Cars reported its strongest first half year sales in the first six months of 2021 as it sold 380,757 cars globally, an increase of 41.0 per cent compared with the same period last year. The overall sales increase was driven by strong demand in China, the US and Europe, all of which reported double-digit growth compared to the same...

Intel’s AI tool screens patients for vision loss

Intel’s AI tool screens patients for vision loss In a country like India that features a low doctor-patient ratio, AI (AI) can enable greater access to expert care from anywhere, with telehealth and robotics applied across inpatient and outpatient environments. Experts say AI will bolster the role of healthcare by assisting in screening, diagnosis, and treatment of diseases thereby improving quality of life and reducing the value burden for patients. “India...

Dholera- Potential manufacturing unit for ‘JioPhone Next’

Dholera- Potential manufacturing unit for ‘JioPhone Next’ At the Reliance 44th Annual General Meeting, Mukesh Ambani announced the launch of their newest product, the ‘JioPhone Next’, which has the potential to form India 2G free. The project is together with Google and aims to form a reasonable smartphone that's built for India. The new manufacturing unit for the ‘JioPhone Next’ could be found in Dholera Special Investment Region (Dholera SIR). The Gujarat...

ABB India appoints Kiran Dutt as President of its Electrification business

ABB India appoints Kiran Dutt as President of its Electrification business Kiran Dutt joined ABB in 2004 and has over 25 years’ experience. In his new role, Kiran will lead the ABB Electrification business for India, Sri Lanka, and Bangladesh. He will be responsible for growing market coverage and channel penetration and working closely with the broader Electrification Regional Global Markets organization of Asia Pacific & India. Kiran will take over...
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