Weekly News Summary: A roundup of stories making headlines in industry this week | mojo4industry.com
Industrial News Bulletin - 16th January 2021
Hello, you are watching mojo4industry – India's 1st mobile journalism platform for industry.
In this weekly wrap-up, we are going to take you through some of the latest developments in Indian industry.
Let’s take a quick look at the key headlines.
• Tesla makes entry in to Indian market
• Maharashtra commits to...
Maharashtra commits to strengthen power distribution network to attract industries: Dr. Nitin Raut
The state energy department would spend Rs 2500 Cr per annum for infrastructure development for state owned distribution company Mahavitaran (MSEDCL). Of it Rs 1500 Cr would be spent on energization of agriculture pumps by conventional method and Rs 1000 Cr for strengthening infrastructure in industrial and urban areas.
Addressing a review meeting of the Mahavitaran officials on...
Bridgestone India launches new tyre for commercial vehicles
Bridgestone India announced the launch of its new generation Drive position tyre for the Commercial Vehicle segment, which is meant specifically for the general cargo, long haul, highway application. This tyre addresses issues of Tyre mileage, Fuel mileage and Cut-Chip resistance, thereby increasing tyre life and better retreadability. The tyre will be marketed under the name V-STEEL Mix M721.
“Our global mission is...
PFC to launch ₹5,000 crore public NCD issue 15 Jan
Power Finance Corporation Limited, is one of the leading financial institutions in India, focused on the power sector will open its Rs 5,000 crores public issue of secured, redeemable Non-Convertible Debentures on January 15, 2021. The base Issue size is Rs. 500 crores with an option to retain oversubscription of up to Rs. 4,500 crores aggregating up to 5,000 crores...
Samsung launches New Wi-Fi enabled range of Compact VRF Air Conditioning System
Samsung has launched large capacity Variable Refrigerant Flow (VRF) air conditioning systems in India that can be installed in just 0.5 sq metres of space in premium apartments, villas, bungalows, houses as well as commercial and retail establishments.
The new side discharge VRF system—DVM S Eco—promises an extremely efficient, eco-friendly and quiet air conditioning solution and offers a specialized...
Leading By Putting People First | Opportunities and Challenges in the Solar Power Sector
India is the new hotspot for solar power with a target of 100 GW by 2022. As of 31st August, we had around 36 GW of installed solar power capacity. In 2019, we have been able to install 7.3 GW of solar power across the country, establishing our position as the third-largest solar market in the...
Industrial News Bulletin - 29th December'20 Headlines:
• Keep infrastructure development away from politics: PM
• Coal India to set up an integrated solar wafer manufacturing facility
• Infosys, Daimler partner for IT infra transformation in auto sector
• Tata Power subsidiary inaugurates 5 kW biogas plant in Bihar
Keep infrastructure development away from politics: PM
Prime Minister Narendra Modi on Tuesday urged to keep the development of infrastructure away from politics. He said that...
Keep infrastructure development away from politics: PM
Prime Minister Narendra Modi on Tuesday urged to keep the development of infrastructure away from politics. He said that the country's infrastructure should be a mission to benefit many generations, not 5 years of politics. If political parties have to compete, there should be competition in the quality of infrastructure, competition on speed and scale.
Prime Minister was speaking after flagging off the first...
Prime Minister Narendra Modi inaugurated India’s first-ever driverless train operations on Delhi Metro’s Magenta Line today through a video conference. Today the National Common Mobility Card was expanded to the Airport Express Line of Delhi Metro.
Speaking on the occasion, the Prime Minister termed today's event as an attempt to make urban development future ready. He said preparing the country for future needs is an important responsibility of governance. He...
Govt identifies new routes for waterways
The Ministry of Ports, Shipping and Waterways (MoPSW) has MoPSW has identified Domestic locations namely Hazira, Okha, Somnath Temple, DIU, PIPAVAV, Dahej, Mumbai/JNPT, Jamnagar, Kochi, Ghogha, Goa, Mundra and Mandvi and 6 International routes, connecting 4 international destinations namely Chattogram (Bangladesh), Seychelles (East Africa) Madagascar (East Africa) and Jaffna (Sri Lanka) from Indian major coastal port towns for the commencement of ferry services through...
Adani's deal to buy stake in Odisha Power Generation Corp cancelled
Adani Power's agreement with AES OPGC Holding and AES India for acquisition of 49 per cent stake in the Odisha Power Generation Corporation (OPGC) has been cancelled as the Odisha government, which holds 52 per cent stake in OPGC has exercised the right of first refusal.
Earlier in June, Adani Power Ltd had entered into a share sale and purchase...
Industrial News Bulletin - 23rd December'20 Headlines for the Industry News Today:
Highlights
• World Bank to fund $500 Mn 'green' highways project in India
• Karnataka approves electric vehicle manufacturing projects of about Rs 23,000 Cr
• GMR Infra gets approval from stock exchanges on proposed demerger plan
• Vikram Solar commissions rooftop solar plant at its manufacturing facility near Kolkata
• EXCON 2021 to be held in Bengaluru from December 7-11, 2021
World Bank...
Industrial News Bulletin - 21st December'20 Headlines for the Industry News Today:
📰 New electricity rules give consumers right to 24x7 supply
📰 Nitin Gadkari inaugurates and lays foundation stone of NH projects worth over Rs 13,000 Cr in Telangana
📰 ONGC starts oil production in Bengal Basin
📰 Panasonic Life Solutions India wins 'Golden Peacock Award for Environment Management' for 2020
New electricity rules give consumers right to 24x7 supply
Consumers across the country...
Weekly News Summary: A roundup of stories making headlines in industry this week on mojo4industry.com
Hello, you are watching mojo4industry – India's 1st mobile journalism platform for industry.
In this weekly wrap-up, we are going to take you through some of the latest developments in Indian industry.
Let’s take a quick look at the key headlines.
Defence Ministry approves acquisition of weapon systems worth ₹ 28,000 Cr
Prime Minister unveils key projects...
Flashback Arrestor | How it works
Safety is critical in every industrial gas application. A flashback arrestor is an essential safety device used in oxy-fuel...