Bharat Electronics Limited (BEL) has bagged a couple of contracts worth INR 3,800 crores from the Indian Ministry of Defence (MoD) for the delivery of Medium Power Radar and Digital Radar Warning Receiver (RWR) to the Indian Air Force. The Medium Power Radar (Arudhara) is a 4D Surveillance Radar fitted with Active Aperture Phased Array […]
Bharat Heavy Electricals Limited (BHEL) and Finland-based Sumitomo SHI FW (SFW) have signed a long-term technology license agreement (TLA) regarding circulating fluidized bed combustion (CFBC) boilers. Sumitomo SHI FW is a provider of energy and environmental technologies and services, which are focused on high-efficiency and flexible energy generation. The company is claimed to have a […]
Maruti Suzuki India has introduced Wagon R Flex Fuel, India’s first mass segment flex fuel prototype car as part of the company’s decarbonization strategy. Unveiled in New Delhi, the Wagon R Flex Fuel prototype model runs on any ethanol-petrol blend between 20% (E20) and 85% (E85) fuel. With support from Japan-based Suzuki Motor Corporation, the […]
Aurionpro Solutions Ltd has completed the previously announced acquisition of a 51% stake in the Delhi-based Toshi Automatic Systems (TAS) to boost its presence in the mass transit space. Toshi Automatic Systems specializes in offering products and solutions in mass transit, industrial, and public safety segments. Based in Mumbai, Aurionpro Solutions is already an established […]
Tech Mahindra has entered into a partnership with Bharti Airtel with an aim to grow India’s digital economy by bringing together their respective core strengths. The parties will co-build and market 5G use cases in India for this purpose. While Airtel is said to have been leading 5G demos and testing in India, Tech Mahindra […]
Reliance Strategic Business Ventures Limited (RSBVL), a fully-owned subsidiary of Reliance Industries Limited (RIL), has agreed to create a joint venture (JV) with Sanmina Corporation, an American electronics manufacturing solutions company. The joint venture is being created through an investment of INR 1,670 crores by Reliance Strategic Business Ventures in Sanmina’s Indian entity — Sanmina […]
PG Electroplast Limited said that its fully-owned subsidiary — PG Technoplast Private Limited has secured approval from the Indian government under the production linked incentive (PLI) scheme for white goods under the air conditioner components category. The company will invest INR 321 crores over a period of five years starting from FY2022. PG Electroplast provides […]