Premier Explosives has received Arms License from Arms License Issuance Authority, Department of Industrial Policy and Promotion (DIPP) for manufacture of Medium calibre Ammunition (20mm to 57mm), Large calibre Ammunition (APFSDS and BMCS), Sub-assemblies for ammunition, Single base/Double base/Triple base / Multi base propellants and RDX & HMX and compounds thereof at the company’s Greenfield … Read more
Nettlinx is set to partner with Japanese Investment firms – Takara Leben Company and Kuni Umi Asset Management Company. Both the Japanese companies plan to jointly invest up to 30% of equity in the SVGreen ‘12 MW WTE Power plant’ and are considering follow-up investments in other Nettlinx Green Energy WTE power projects planned across … Read more
Tata Steel is reportedly selling two of its units in South East Asia – NatSteel Holdings and Tata Steel Thailand which would be valued at $500 million. The company has received interest for the two units from many players, including private companies. These units will be sold together. Tata Steel, the flagship company of the … Read more
Infosys and Nokia have formed an alliance to develop solutions powered by new-age technologies like artificial intelligence (AI) and machine learning (ML). The partnership will help drive digital transformation in a wide array of enterprises and industries, addressing vertical markets, including transportation, energy and manufacturing, media and entertainment, and education. This collaboration will couple technology, … Read more
Hindustan Aeronautics (HAL) has reported results for second quarter ended September 30, 2018. The company has reported over 4-fold jump in its net profit at Rs 289.42 crore for the quarter under review as compared to Rs 67.90 crore for the same quarter in the previous year. Total income of the company increased by 4.55% … Read more
Amara Raja Batteries is all set to invest Rs 540 crore for the deployment of advanced stamped-grid technology. This will allow the company to offer high-performance batteries to meet its customers’ present and future needs. The company termed this investment as an important milestone in the process of development of advanced lead-acid batteries. The announcement … Read more
Wipro’s acquired entity — Appirio, has launched a new office in Porto, Portugal to expand its European operations and meet growing business requirements in the region. The new Porto office houses a Commerce Cloud Digital Centre of Excellence, a Delivery Center and an Innovation Hub. The new office will hire local talent both laterally and … Read more
