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Industry News Articles Current Technical Analysis, Views & Updates

HPL Electric & Power to install 4G & 5G compatible NB-IoT technology smart meters in Delhi

HPL Electric & Power to install 4G & 5G compatible NB-IoT technology smart meters in Delhi HPL Electric & Power Ltd, India’s leading meter and electrical equipment manufacturing company, has received approval and production clearance from leading Private Distribution Company for the implementation of NB-IoT based Smart Meters in the part of National Capital, Delhi. HPL’s new range of smart meters with Narrow Band-Internet of Things (NB-IoT) communications technology smart meters...

QCI launches Indian Certification of Medical Devices (ICMED) Plus Scheme

QCI launches Indian Certification of Medical Devices (ICMED) Plus Scheme The Quality Council of India (QCI) and the Association of Indian Manufacturers of Medical Devices (AiMeD) have added further features to the ICMED, the Scheme that had been launched for Certification of Medical Devices in 2016. The ICMED 13485 PLUS, as the new scheme has been christened, will undertake verification of the quality, safety and efficacy of medical devices.  The...

Schneider Electric Unveils New Research and IT Innovation to Meet the Demands of a Digital-First Future

Schneider Electric Unveils New Research and IT Innovation to Meet the Demands of a Digital-First Future Schneider Electric released a research report to foster an understanding of how digitized and smart applications will be powered in the future. The report titled Digital Economy and Climate Impact predicts IT-sector related electricity demand is expected to increase by nearly 50% by 2030. Yet, as the electricity system decarbonizes, emissions would not increase...

HCL Provides 17 Ready-to-Use Oxygen Plants in Delhi

HCL Provides 17 Ready-to-Use Oxygen Plants in Delhi HCL announced that it has provided 17 ready-to-use oxygen plants to the Delhi government. These plants have been imported from France and are now deployed across seven hospitals in the city. The total combined capacity of the 17 plants is 7300 liters per minute (LPM). The plants were inaugurated today, in a virtual ceremony, in the presence of Delhi Chief Minister Arvind...

Kerala Tops Again In NITI Aayog Sustainable Development Index, Bihar Last

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 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 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...

Adar Poonawalla takes charge as Magma Fincorp Chairman

Adar Poonawalla takes charge as Magma Fincorp Chairman Mumbai-based non-banking finance company Magma Fincorp Limited on Monday announced the appointment of Adar Poonawalla as the Chairman of the company. Poonawalla is also the CEO of Serum Institute of India (SII), the manufacturer of Oxford University-AstraZeneca Covishield vaccine in India. The company has also appointed Abhay Bhutada as the Managing Director. Vijay Deshwal, currently a business head at ICICI Bank, will take...

Hitachi ABB Power Grids in India sets 2030 carbon-neutral program and targets

Hitachi ABB Power Grids in India sets 2030 carbon-neutral program and targets Hitachi ABB Power Grids in India today announced a comprehensive program to achieve carbon-neutrality targets by 2030 in its own operations, reaffirming its commitment to a sustainable energy future. In parallel, the Company is continuing to mobilize resources to safeguard employees and aid India’s COVID-19 relief efforts. Contributing to the drive to ‘build back better’, the pioneering technology leader is...

Set up Oxygen Cylinder at home with DesignTech’s AR based App

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

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 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

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 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...

LED Lighting Market: Industry Trends

LED Lighting Market: Industry Trends The effectiveness of the equipment and appliances used in businesses and homes has expanded enormously in recent years. But, there is still a lot that should decrease the amount and moderate energy consumption growth in commercial and residential buildings. In the present market state, LEDs have acquired a new height in the lighting market. Key variables behind this are the consistent declining LED costs in the...
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