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Siemens consortium bags order for electrification of Mumbai Metro Line 2B

Siemens consortium bags order for electrification of Mumbai Metro Line 2B

Published : 28, Jul 2023

Siemens Limited will manufacture, install, and commission rail electrification solutions and Supervisory Control and Data Acquisition (SCADA) systems, covering 20 stations and one depot...

BDK Valves and Gurukrupa Group successfully acquires 100 per cent stake in Theis Precision

BDK Valves and Gurukrupa Group successfully acquires 100 per cent stake in Theis Precision

Published : 27, Jul 2023

Theis Precision, formerly owned by Tata Steel Ltd., is a pioneer in specialty cold rolling of high/ medium carbon steels in India.

Volkswagen India inaugurates three new sales touchpoints in Delhi NCR

Volkswagen India inaugurates three new sales touchpoints in Delhi NCR

Published : 27, Jul 2023

Strategically located in Dwarka, Paschim Vihar and Gurugram, the new touchpoints make Volkswagen brand more accessible to customers in the National capital region.

Godawari Electric Motors collaborates with IDBI Bank to offer exclusive financing options

Godawari Electric Motors collaborates with IDBI Bank to offer exclusive financing options

Published : 26, Jul 2023

The new partnership with IDBI Bank avails access to loans with a maximum tenure of 3 years, at an 11 per cent rate of interest, and a low processing fee of 1 per cent.

Q2 2023 results: GE registers double-digit growth in orders and revenue

Q2 2023 results: GE registers double-digit growth in orders and revenue

Published : 26, Jul 2023

GE's orders and revenue grew double digits, led by robust services growth across their portfolio, increased demand at GE Aerospace and record renewable energy orders

India's space market to reach USD 100 Billion by 2040: Arthur D. Little report

India's space market to reach USD 100 Billion by 2040: Arthur D. Little report

Published : 26, Jul 2023

The report highlighted the key challenges that lay ahead. These include the lack of local manufacturing capabilities for certain components, funding inadequacies, the need for a clear...

PMI signs an MoU with REC 

PMI signs an MoU with REC 

Published : 26, Jul 2023

As part of the MoU, PMI will have the ability to avail Rs 480 crores of financial assistance from REC in the form of debt from REC Limited for funding requirements.

Tata Motors posts results for Q1 FY24

Tata Motors posts results for Q1 FY24

Published : 26, Jul 2023

TML continued its strong performance in Q1 FY24 with revenues at Rs 102.2K crore(up 42 per cent Y-O-Y), EBITDA at Rs 14.7k crore (up 177 per cent YoY) and EBIT of Rs 8.3k crore (higher...

#TheFOMInspiringStories: Driving India's Economic Progress through Exports and Innovation

#TheFOMInspiringStories: Driving India's Economic Progress through Exports and Innovation

Published : 25, Jul 2023

Amit Pendse, President, Electronica Plastic Machines Ltd underlined the importance of exports in India's economic progress.

Jindal Aluminium Limited adds AS9100D Aerospace Certification to its credit

Jindal Aluminium Limited adds AS9100D Aerospace Certification to its credit

Published : 25, Jul 2023

After completing a two-stage stringent audit process, the prestigious accreditation was awarded to its Bangalore facility by M/s NVT Services, one of India's top aerospace certification...